POLYTETRAFLUOROETHYLENE (PTFE) MARKET ANALYSIS

Market News

Polytetrafluoroethylene Market Key Developments: 

• In May 2015, Taconic’s Advanced Dielectric Division introduced a thermally stable composite based on polytetrafluoroethylene and nanotechnology. This composite has been designed to provide consistent layer wise registration with easier fabrication and for the provision of faster data transmission. This helped the company in gaining traction in case of the polytetrafluoroethylene market.
• In December 2015, Saint Gobain opened its new Bekashi Plant in Jakarta, Indonesia. Self-lubricating sliding bearings with a liner of polytetrafluoroethylene (PTFE) is manufactured out in this plant. This plant helped the company in capturing the Indonesia composite bearings market.
• In August 2017, Daikin Industries, Ltd., agreed to acquire Heroflon S.p.A., an Italian manufacturer of fluoropolymer compounds. Heroflon is a compound manufacturer that produces high-performance fluoropolymers by combining various materials. The company’s product lineup includes fluoropolymer compounds and micro-powders centering on polytetrafluoroethylene (PTFE). This is further expected to enhance Daikin Industries, Ltd.’s product portfolio.