General Electric Company, and Corning are key players in PTFE Membrane market

The PTFE Membrane Market was valued at USD 1.49 Billion in 2015, and is projected to reach USD 2.32 Billion by 2021, at a CAGR of 7.7% from 2016 to 2021. The increasing use of PTFE membranes for water filtration and waste water management and acceptance of PTFE membrane in the medical & pharmaceutical industry are expected to drive the market for PTFE membrane.

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Browse 70 market data tables and 58 figures spread through 159 pages and in-depth TOC on "PTFE Membrane Market”

Industrial filtration is the largest application segment of the PTFE membrane market

Industrial filtration is the largest application segment of the PTFE membrane market due to extensive use of PTFE membrane in filtration applications as across industries such as petrochemical, food & beverage, and others. Properties such as chemical inertness, ability to sustain high temperature, and high filtration efficiency make PTFE membrane suitable for industrial filtration applications where the membranes are exposed to corrosive environments and are in contact with acids, solvents, and alkaline solutions.

Asia-Pacific is projected to lead the PTFE membrane market during the forecast period

Asia-Pacific is a luctrative market for PTFE membrane. The demand for PTFE membrane is high from various applications such as pharmaceuticals and food & beverages in the region. China is the largest market for PTFE membrane in this region, whereas India is expected to be the fastest-growing market during the forecast period.

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The report analyzes the key growth strategies adopted by the market players between 2011 and 2016. General Electric Company (U.S.), Corning Inc. (U.S.), Donaldson Company, Inc. (U.S.), W. L. Gore & Associates, Inc. (U.S.), Merck Millipore Co. (U.S.), Pall Corporation (U.S.), Sartorius AG (Germany), Layne Christensen Company (U.S.), Zeus Incorporation (U.S.), Markel Corporation (U.S.) and Hyundai Micro Co., (South Korea) are the leading players in the PTFE membrane market.

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