The global Teflon tape market is expected to reach $670.47 million by 2022

Update:04-08-2016
Summary:

It is estimated that by 2022, the global Teflon tape ma […]

It is estimated that by 2022, the global Teflon tape market will reach 670.47 million US dollars, and the compound annual growth rate from 2017 to 2022 is 4.51%. The global Teflon tape industry's production in 2017 will reach approximately 463.67 million square meters, and is expected to reach 638.54 million square meters in 2022.

Due to the large number of players, the Teflon tape market is highly competitive. The launch and acquisition of new products is a key strategy for market participants to expand their business. The Teflon tape market is dominated by 3M, Saint-Gobain, Henkel, Berry, Ridong, Technetics Group, AW Chesterton Company, Dixon Valve, Oatey, DeWAL Industries (Rogers), Rector Seal, SSP Corporation, Gasoila Chemicals, JC Whitlam Manufacturing, Electro Tape, etc.

Teflon tape is divided into four categories: low density, standard density, medium density and high density. Globally, the output value of various PTFE tapes in 2016 accounted for 15.99%, 25.39%, 24.10% and 34.52% respectively.

PTFE tape is used in aerospace, home appliances, automotive, chemical, electrical and electrical, piping and piping. The plumbing and pipeline market share is the largest, with approximately 28.51% in 2016.

Published by Hengzhou Bozhi Global PTFE Tapes Market Research Report 2018 This report provides a basic overview of the Teflon tape industry, including definitions, classifications, applications and industry chain structures. Discuss development policies and plans as well as manufacturing processes and cost structures.

The report focuses on industry participants in key regions of the world, including company profiles, product images and specifications, sales, market share and contact information. More importantly, analyze the development trend and marketing channels of the PTFE tape industry. Providing key statistics on the current state of the industry is a valuable guide and direction for companies and individuals interested in the market.