The manufacturing sector has faced tough times over the past five years. As a result, demand for PTFE coatings plummeted as demand from the industry's key manufacturing markets fell. However, rising disposable incomes are boosting demand for consumer products that use PTFE as an input, thereby increasing demand for the industry's products. Over the next five years, rising oil prices will increase input costs, but PTFE manufacturers will be able to raise prices as a result, giving industry revenue a much-needed boost.
This industry manufactures polytetrafluoroethylene (PTFE). PTFE is a synthetic chemical that is nonsticky and thermally resistant. Therefore, it is used in a variety of applications including cable insulation, automotive lubrication and cookware coating.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.