Global industrial venting membrane market will reach 256.53 million US$ by the end of 2024

Publisher: QYResearch
Published Date: 2019/9/2

The Global Industrial Venting Membrane market size was 970.00 Million Units in 2017 and it will be 1418.00 Million Units in 2024, with a Growth Rate of 5.57% from 2017 to 2024. In terms of revenue, the Global Industrial Venting Membrane market size was 185.70 million USD in 2017 and it will be 256.53  million USD in 2024, with a Growth Rate of 4.72% from 2017 to 2024. The global ePTFE Membrane is valued at 1800 Million USD, which means Venting material takes around 10% of total application field, while the majority part falls in filtration market in industrial and environmental issues, as while as textile market.

The venting membrane market is quite concentrated, with top 8 players takes more than 80% of total market. Leading players in the industry are GORE from USA, Germany, and Japan, Saint-Gobain from France, Clarcor, Donaldson and Zeusinc from USA, Sumitomo from Japan and MicroVent from China. Currently, USA and Europe are still the major suppling regions of industrial venting, while China has been growing to be an increasingly important player in the market. Most players, like Gore and Donaldson produce ePTFE Membrane for captative use, which is targeting final market, while some players like Saint-Gobain also sell original membrane to processors.

ePTFE membranes repel water and can be used as permeable water barriers for venting in gas sensors, acoustical applications, pressure venting, industrial battery venting, electronics and other areas. Gas permeable venting and oil-repelling membranes can be made using ePTFE for applications that requires oil resistance but also call for gases to be able to vent through the membrane. Typical applications of venting membrane can be classied based on the final industry it serves. Automotive and Electric & Electronics industries are the most important applications, while Medical applications has been reckoned as the most value added one. Growing demand is also detected from packaging applications both in edible and non-edible containers.

ePTFE membranes has been discovered for decades as a competitive packaging and protecting solution. Currently, cost is the main issue influence the industry. With high technical barriers, ePTFE manufacturers holds more than 40% gross profit. It is foreseeable that ePTFE venting materials would be prevailing in developing countries when more companies enter into the industry.

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