Micronized Ptfe Market 2024-2028: Size and Restriction on use of perfluorooctanoic acid (PFOA); growth driven by the End-user, Some of key Companies Positioned Strategically

The micronized ptfe market size by End-user (Chemical and industrial processing, Automotive and aerospace, Electrical and electronics, Building and construction, and Others) and Geography (APAC, North America, Europe, Middle East and Africa, and South America), is forecast to increase by USD 64.7 million. The market is expected to grow at a CAGR of   3.28% between 2024 and 2028.

• In June 2020, the European Union (EU) enacted Regulation (EU) 2020/784, amending legislation on Persistent Organic Pollutants (POPs) use restrictions. This regulation limits the application of Perfluorooctanoic Acid (PFOA), its salts, and related compounds. The regulation took effect on July 4, 2020, with maximum concentrations set at 0.025 mg/kg for PFOA and its salts and 1 mg/kg for PFOA-related compounds. Temporary exemptions for PTFE manufacturing for specific applications expire on July 4, 2023. Notably, the micronization process for PTFE production, including applications like coatings, has been proven to generate PFOA.
• The Micronized PTFE market represents a significant growth opportunity for businesses due to its extensive applications in various industries. PTFE, or polytetrafluoroethylene, is a high-performance fluoropolymer known for its exceptional chemical resistance and non-stick properties. Micronized PTFE refers to the process of reducing PTFE particles to micron-sized dimensions, enhancing its flowability and ease of processing. This advanced form of PTFE is increasingly being adopted in industries such as automotive, aerospace, and chemical processing, driving market expansion.

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Some of the Key Companies:

• 3M Co.
• AGC Chemicals
• BYK Chemie GmbH
• ChenGuang Research Institute of Chemical Industry
• Clariant International Ltd.
• Daikin Industries Ltd.
• DEUREX AG
• Dreyplas GmbH
• Fluorez Technology Inc.
• Gujarat Fluorochemicals Ltd.
• Maflon SpA
• Micro Powders Inc.
• Nanjing Tianshi New Material Technology Co. Ltd.
• Reprolon Texas
• Shamrock Technologies Inc.
• Solvay SA
• The Chemours Co.

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