PTFE Membrane Market

PTFE Membrane Market by Type (Hydrophobic and Hydrophilic), Application (Industrial Filtration, Medical & Pharmaceutical, Textiles, Water & Wastewater Treatment, Architecture), and Region - Global Forecast to 2025

Report Code: CH 3975 Sep, 2020, by marketsandmarkets.com

[ 144 Pages Report] The global PTFE membranes market size is estimated at USD 1.8 billion in 2020 and is projected to reach USD 2.4 billion by 2025, at a CAGR of 6.0%. The growing demand for PTFE membranes is due to the increasing wastewater treatment activities and stringent regulations regarding emissions and water treatment.

Global PTFE Membranes Market Trends

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Global PTFE Membranes Market Trends

COVID-19 impact on Global PTFE Membranes Market

The PTFE membranes are used in various industries such as chemical, oil & gas, food & beverages, wastewater treatment, textile and others. COVID-19 has severely impacted these industries.

  • The lockdown in various countries and logistical restrictions have adversely impacted the industries. Supply chain disruptions, workforce unavailability, logistical restrictions, limited availability of components, demand drop, low company liquidity, and shutdown of manufacturing due to lockdown in various countries have adversely affected the industry. Raw material suppliers and other related businesses are forced to re-evaluate their strategies to cater to this industry during this crisis period.
  • Due to lockdown, many food & beverage processing industries, textile, and water & wastewater treatment industries activities are halted. The companies are taking precautions to avoid the spread of the virus. Governments of different countries are keeping a close watch on the disruption and taking every necessary step to mitigate the impact of COVID-19 by promoting food processing. For instance, The UAE has tripled its local food production and is aiming to increase domestic production of essential items, such as dairy products, cooking oil, and packaging of dates, fresh poultry, fish, seafood, and other items.
  • Even where shutdowns have not been imposed, restrictions on the movement of people and supplies have delayed operations. In the second half of 2020, countries have lifted restrictions and gradually started business operations in various sectors. Even after the lifting of lockdown, it will be challenging for PTFE membrane manufacturers to get back to normal working situations. This will subsequently affect the PTFE membrane market.

PTFE membranes Market Dynamics 

Driver:  Stringent regulations pertaining to emission and treatment of municipal and industrial wastes

Stringent regulatory and sustainability mandates have increased the demand for water purification and wastewater treatment. To control the level of pollution, various emission control acts have been enforced in most countries around the world to ensure that disposed wastes pose lower environmental risks. For instance, the US, the UK, Canada, and Australia are updating their emission standards to reduce pollution levels in the atmosphere. These countries and a few developing countries, such as Brazil, South Africa, India, China, and Saudi Arabia, have set five-year targets to reduce pollution levels. In Canada, over 150 billion liters of untreated wastewater are released into waterways every year, which is one of the major health, environmental, and economic issues in the country. The European Union (EU) follows the 7th Environment Action Program (EAP), which is likely to guide the environment policies until 2020. The EU Drinking Water Directive (DWD) has also proposed several water purifications mandates and regulations to maintain the purity and potability of drinking water.

These regulations ensure that high-quality standards are maintained for drinking water and wastewater treatment and will increase the demand for PTFE membranes for water & wastewater treatment applications 

Restrain: High production cost of PTFE membranes

The major raw material used for the manufacturing of PTFE membranes is PTFE. Recently, PTFE prices have been increasing continuously due to the shutdown of various Chinese and European manufacturing units. These companies were flouting environmental laws and dumping effluents in nearby villages. China accounted for more than 40% of the global consumption of PTFE in 2016 and is also the world’s largest PTFE manufacturer. The entrance of a large number of relatively low-cost Chinese products in the global market has resulted in the increasing price pressure on PTFE manufacturers in other countries. Many countries, including India, impose import duties on Chinese PTFE products. Other factors affecting the PTFE prices are prices of its raw materials, including fluorspar; demand and supply gap; and the changing regulatory environment. The fluctuating prices of PTFE are restraining the market growth by increasing the production cost of PTFE membranes. 

Opportunity:  Increasing demand for treated water in emerging economies

The demand for treated water in emerging economies, such as China, India, and Indonesia, is increasing at a fast pace. According to CABI, a member of The Association of International Research and Development Centers for Agriculture (AIRCA), APAC alone consumes around 2.85 trillion cubic liters of water every day. The growing population is the major driver for this demand, which has augmented the scope for desalination in this region. The requirement of process water in power, food & beverage, chemical, petrochemical, and other industries is expected to grow during the forecast period. This is expected to significantly increase the demand for PTFE membranes in these regions. 

Challenge: Fluctuating oil and gas prices

In the current scenario, the oil & gas industry is witnessing a high supply and low demand ratio, which has resulted in reduced prices. Increased activity in unconventional reserves in North America has led to the oversupply of oil and gas, leading to low prices. The subsequent consequences of the disproportionate demand and supply of oil and gas have resulted in severe losses faced by a lot of upstream operators. Hence, these operators have reduced their Capex for new fields, as oil and natural gas prices have been witnessing a downward trend in the past four years. These factors have affected the demand for new pumps in the oil & gas industry, thereby affecting the demand for gaskets and, in turn, the demand for PTFE membranes. 

Hydrophobic type segment captured the highest share in PTFE membranes market. 

PTFE membranes are naturally hydrophobic in nature. The hydrophobic type is the most-widely used PTFE membrane owing to its various physical properties, such as high porosity, chemical & abrasion resistance, particle retention, convenience in handling, high filtration efficiency, and high flow rates. Due to these properties, hydrophobic PTFE finds extensive use in filtration applications involving exposure to aqueous solutions and gasses. It is extensively used in gas and aqueous solution filtration applications in food & beverage, chemical & petrochemical, medical & pharmaceutical, processing, and other industries 

Industrial filtration to be the largest application of PTFE membranes.

Based on application, the PTFE membranes market is segmented into industrial filtration, medical & pharmaceutical textile, water & wastewater treatment, architecture, and others. The industrial filtration application segment accounted for the larger market share in 2019. This is because of the unique properties, such as chemical inertness, ability to sustain high temperature, good mechanical properties, and high filtration efficiency, possess by PTFE membranes makes it suitable for industrial filtration applications involving exposure to corrosive environments and contact with gases, acids, solvents, and alkaline solutions. 

APAC is projected to be the fastest-growing PTFE membranes market during the forecast period.

APAC was the largest market for PTFE membranes in 2019 and is also expected to be the fastest-growing market during the forecast period. It accounted for a share of 40.0% in terms of value, of the global market in 2019. The market in APAC is projected to register a CAGR of 7.5% between 2020 and 2025. The market growth in this region is primarily attributed to its rapidly growing population, urbanization, and industrialization. The demand for PTFE membranes is high in developing economies, such as China, India, Brazil, and Argentina. The growing demand from the food & beverage processing, medical & pharmaceuticals, and water & wastewater treatment is playing a crucial role in fueling the market for PTFE membrane in APAC. Implementation of strict regulations regarding water treatment & industrial wastewater discharge is also expected to drive the PTFE membrane market in the region.

PTFE Membranes Market By Region

To know about the assumptions considered for the study, download the pdf brochure

 Source: Secondary Research, Primary Interviews, and MarketsandMarkets Analysis 

Key Market Players

The key players profiled in this report include Pall (US), Cytiva (US), W.L. Gore (US), Merck Millipore (US), Corning (US), Donaldson (US), Saint Gobain (France), Markel (US), Sartorius (Germany), and Hyundai Micro (South Korea). These companies have adopted various organic as well as inorganic growth strategies between 2016 and 2020 to enhance their regional presence and meet the growing demand for PTFE membranes from emerging economies. 

Scope of the report

Report Metric

Details

Years considered for the study

2018–2025

Base year

 2019

Forecast period

2020–2025

Units considered

Value (USD Billion)

Segments

Type, Application, and Region

Regions

APAC, Europe, North America, South America, and Middle East & Africa.

Companies

Total of 10 major players covered:
Pall (US), Cytiva (US), W.L. Gore (US), Merck Millipore (US), Corning (US), Donaldson (US), Saint Gobain (France), Markel (US), Sartorius (Germany), and Hyundai Micro (South Korea).

This research report categorizes the PTFE membranes market based on type, application, and region.

Based on Type:

  • Hydrophobic Membranes
  • Hydrophilic Membranes

Based on the application:

  • Industrial Filtration
  • Medical & Pharmaceuticals
  • Textiles
  • Water&Wastewater Treatment
  • Architecture
  • Others

Based on the region:

  • APAC
  • Europe
  • North America
  • Middle East & Africa
  • South America

Recent Developments

  1. In July 2020, Merck Millipore announced an investment of USD 21.23 million to build a laboratory facility in Buchs, Switzerland, to support its rapidly growing material business. This will help to continue to drive innovation and expand the R&D of analytical standards.
  2. In January 2020, Cytiva has announced to build a new 7,360 square meter facility in Grens, Switzerland for the manufacturing of single-use kits. This facility will meet global regulatory requirements and is expected to be fully operational in 2022.
  3. In November 2019, L. Gore launched Gore Low Drag Filter Bags for use in pulse-jet carbon black manufacturing operations. This will help in providing sustainable and low-cost of ownership solutions for reverse-air carbon black operations.

Frequently Asked Questions (FAQ):

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Table Of Content

1 INTRODUCTION
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
    1.3 MARKET SEGMENTATION
           1.3.1 YEARS CONSIDERED FOR THE STUDY
    1.4 CURRENCY
    1.5 UNIT CONSIDERED
    1.6 STAKEHOLDERS
    1.7 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY
    2.1 RESEARCH DATA
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Key industry insights
                    2.1.2.3 Breakdown of primary interviews
    2.2 MARKET ESTIMATION
           2.2.1 BOTTOM-UP APPROACH
           2.2.2 TOP DOWN APPROACH
    2.3 DATA TRIANGULATION
    2.4 LIMITATIONS
    2.5 ASSUMPTIONS

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS
    4.1 GLOBAL PTFE MEMBRANE  MARKET OVERVIEW
    4.2 GLOBAL PTFE MEMBRANE MARKET, BY  TYPE
    4.3 GLOBAL PTFE MEMBRANE MARKET, BY APPLICATION
    4.4 GLOBAL PTFE MEMBRANE MARKET, BY REGION
 
5 MARKET OVERVIEW
    5.1 INTRODUCTION
           5.2.1 DRIVERS
                    5.2.1.1 Growing demand for PTFE membrane in water and wastewater management
                    5.2.1.2 Increasing acceptance of PTFE membrane in the medical & pharmaceutical industry
                    5.2.1.2 Increasing demand of PTFE membrane in the manufacturing of footwear and other apperal products
           5.2.2 RESTRAINTS
                    5.2.2.1 High cost of PTFE membrane
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Growing demand for PTFE membrane in emerging countries
                    5.2.3.2 Development of Eptfe membrane market
           5.2.4 CHALLENGES
                    5.2.4.1 High capital investments
    5.2 PORTER’S FIVE FORCES ANALYSIS
           5.2.1 BARGAINING POWER OF SUPPLIERS
           5.2.2 BARGAINING POWER OF BUYERS
           5.2.3 THREAT OF NEW ENTRANTS
           5.2.4 THREAT OF SUBSTITUTES
           5.2.5 INTENSITY OF COMPETITIVE RIVALRY
    5.3 MACROECONOMIC TRENDS/OPERATIONAL DATA ANALYSIS
    5.4 AVERAGE SELLING PRICE TREND
    5.5 VALUE CHAIN ANALYSIS
    5.6 TECHNOLOGY ANALYSIS
    5.7 PATENT  ANALYSIS
    5.8 CASE STUDY ANALYSIS
    5.9 KEY MARKET FOR IMPORT/ EXPORT
           5.9.1 US
           5.9.2 GERMANY
           5.9.3 CHINA
           5.9.4 UK
    5.10  COVID-19 IMPACT ANALYSIS

6 GLOBAL PTFE MEMBRANE MARKET, BY TYPE
    6.1 INTRODUCTION
    6.2 HYDROPHOBIC PTFE MEMBRANE
    6.3 HYDROPHILIC PTFE MEMBRANE

7 GLOBAL CELLULOSE BASED BIOPLASTICS MARKET, BY APPLICATION
    7.1 INTRODUCTION
    7.2 CONSUMER GOODS       
    7.3 AUTOMOTIVE & TRANSPORTATION
    7.4 AGRICULTURE
    7.4 PACKAGING
    7.5 OTHERS
          7.5.1 3D PRINTING

8 GLOBAL PTFE MEMBRANE MARKET, BY REGION
    8.1 INTRODUCTION
    8.2 APAC
           8.2.1 CHINA
           8.2.2 INDIA
           8.2.3 JAPAN
           8.2.4 SOUTH KOREA
           8.2.5 AUSTRALIA
           8.2.6 REST OF APAC
    8.3 EUROPE
           8.3.1 UK
           8.3.2 ITALY
           8.3.3 FRANCE
           8.3.4 GERMANY
           8.3.5 SPAIN
           8.3.6 SWEDEN
           8.3.7 RUSSIA
           8.3.8 REST OF EUROPE
    8.4 NORTH AMERICA
           8.4.1 US
           8.4.2 MEXICO
           8.4.3 CANADA
    8.5 SOUTH AMERICA
           8.5.1 BRAZIL
           8.5.2 ARGENTINA
           8.5.3 REST OF SOUTH AMERICA
    8.6 MIDDLE EAST & AFRICA
           8.6.1 SAUDI ARABIA
           8.6.2 UAE
           8.6.3 EGYPT
           8.5.4 REST OF MIDDLE EAST & AFRICA

9 COMPETITIVE LANDSCAPE
    9.1 INTRODUCTION
    9.2 MARKET EVALUATION FRAMEWORK
    9.3 COMPETITIVE BENCHMARKING
           9.3.1 STRENGTH OF PRODUCT PORTFOLIO (FOR ALL 20 COMPANIES)
           9.3.2 BUSINESS STRATEGY EXCELLENCE (FOR ALL 20 COMPANIES)
    9.4 TOP 5 PLAYER REVENUE ANALYSIS
    9.5 COMPETITIVE SENARIO
           9.5.1 NEW PRODUCT LAUNCH
           9.5.2 EXPANSION
           9.5.3 ACQUISITION

10 COMPANY EVALUATION MATRIX AND COMPANY PROFILES 
(Business Overview, Products Offered, Strength of Product Portfolio, Business Strategy Excellence, and Recent Developments) *
    10.1 OVERVIEW
    10.2 COMPANY EVALUATION MATRIX DEFINITIONS AND METHODLOGY
           10.2.1 MARKET SHARE/ RANKING
           10.2.2 PRODUCT FOOTPRINT
           10.2.3 STAR
           10.2.4 EMERGING LEADER
           10.2.5 PERVASIVE
    10.3 COMPANY EVALUATION MATRIX,2019
    10.4 COMPANY PROFILE
           10.4.1 EASTMEN CHEMICAL COMPANY
           10.4.2 FUTAMURA
           10.4.3 NATUREPLAST
           10.4.4 MAZZUCCHELLI
           10.4.5 INNOVIA FILMS
           10.4.6 NATURTEC
           10.4.7 CELANESE CORPORATION
           10.4.8 SAPPI GLOBAL
           10.4.9 WOODLY
           10.4.10 HEMP BIOPLASTICS
    10.5 STARTUP/SME PROFILE                       

11     APPENDIX
    11.1 INSIGHTS FROM INDUSTRY EXPERTS
    11.2 DISCUSSION GUIDE
    11.3 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    11.4 AVAILABLE CUSTOMIZATIONS
    11.5 RELATED REPORTS
    11.6 AUTHOR DETAILS

The study involves four major activities in estimating the current market size of PTFE membranes. Extensive secondary research was carried out to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, the market breakdown and data triangulation methodologies were used to estimate the market size of the segments and subsegments. 

Secondary Research

In the secondary research process, various secondary sources, such as Hoovers and Bloomberg BusinessWeek, were referred to for identifying and collecting information for this study. These secondary sources included annual reports, press releases & investor presentations of companies; white papers; certified publications; articles by recognized authors; gold standard & silver standard websites; regulatory bodies; and databases. 

Primary Research

The PTFE membranes market comprises several stakeholders, such as raw material suppliers, manufacturers, and distributors of PTFE membranes, industry associations, end-users, and regulatory organizations in the supply chain. The demand side of this market consists of major construction companies, whereas the supply side consists of PTFE system manufacturers. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary interviews— 

PTFE Membranes Market Size

To know about the assumptions considered for the study, download the pdf brochure

Notes: Tiers of companies are classified on the basis of their total revenue in 2019 as Tier 1 = > USD 7 billion, Tier 2 = USD 500 million–USD 7 billion, and Tier 3 =

Others include sales, marketing, and product managers. 

Market Size Estimation 

Both the top-down and bottom-up approaches were used to estimate and validate the total size of the PTFE membranes market. These methods were also used extensively to estimate the size of various subsegments of the market. The research methodology used to estimate the market size includes the following:

  • The key players in the market were identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value and volume were determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size—using the market size estimation processes explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation, and market breakdown procedures were employed, wherever applicable. Data was triangulated by studying various factors and trends from both the demand and supply sides.

Objectives of the Study:

  • To define and analyze the PTFE membranes   market size, in terms of value and volume
  • To provide detailed information about the key factors (drivers, restraints, opportunities, and challenges) influencing the market growth
  • To analyze and forecast the market by type, application, and region
  • To forecast the size of the market with respect to five regions; Asia Pacific (APAC), Europe, North America, South America, and the Middle East & Africa, along with their key countries
  • To strategically analyze micro markets with respect to individual trends, growth prospects, and their contribution to the overall market
  • To analyze opportunities in the market for stakeholders and provide a competitive landscape for market leaders
  • To analyze competitive developments in the market, such as new product launch, investment & expansion, merger & acquisition and partnership & agreement.
  • To strategically profile key players and comprehensively analyze their market shares and core competencies 

Available Customizations:

MarketsandMarkets offers customizations according to the specific needs of the companies, along with the market data. The following customization options are available for this report:

Product Analysis

  • A product matrix that provides a detailed comparison of the product portfolio of each company

Regional Analysis

  • Further breakdown of the Rest of APAC PTFE membranes market 

Company Information:

  • Detailed analysis and profiles of additional market players.
COVID-19

Get in-depth analysis of the COVID-19 impact on the PTFE Membrane Market

Benchmarking the rapid strategy shifts of the Top 100 companies in the PTFE Membrane Market

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Published ON
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