Global PTFE Micro Powder market will reach 40200 million US$ by the end of 2025

Publisher: QYResearch
Published Date: 2019/8/7

PTFE micro powder is one of the leading components used in ink and paint industry. The use of ink in press and media have worked in favor of the global PTFE micro powder market. It also has use in lubricants and grease making. Automobiles and other machinery equipment need lubricants and grease, which is expected to augment market growth in the coming years. PTFE micro powder is a well-known component in plastic production. The steady demand for industrial plastics is projected to bode well for the overall market.

The global PTFE micro powder market was worth US$33800 mn in 2018 and the report suggests that the market will reach US$40200 mn by 2025, registering a moderate CAGR of 2.5%. The increasing use of PTFE micro powder in inks, paints, lubricants, and industrial plastics have led to the growth of the market.

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