The global PTFE membranes market size is estimated at USD 1.8 billion in 2020 and is projected to reach USD 2.4 billion by 2025, at a CAGR of 6.0. The demand for PTFE membranes is increasing, owing to the growing growing oil & gas and chemical industries and stringent regulations pertaining to emission and treatment of municipal and industrial wastes.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=243714287
The increase in demand for EPTFE membranes in medical accessories, microfiltration and venting applications and also increasing demand for treated water in emerging economies are expected to create opportunities for manufacturers during the forecast period. The key players in the PTFE membranes market include Pall (US), Cytiva (US), W.L. Gore (US), Merck Millipore (US), Corning (US), Donaldson (US), Saint Gobain (France), Markel (US), Sartorius (Germany), and Hyundai Micro (South Korea). The PTFE membranes market report analyzes the key growth strategies, such as new product launch, investment & expansion, and merger & acquisition adopted by the leading market players between 2016 and 2020.
GCP Applied Technologies (US) one of the largest manufacturer of construction products globally. The company is among the key players in the PTFE membranes market. The company believes in sustainability for creating value. Its strategy is focused on mergers and acquisitions, and expansions to expand its global reach and strengthen its competitiveness in the global PTFE membranes market. For instance, in 2020, the company is building a new 7,360 square meter facility in Grens, Switzerland for the manufacturing of single-use kits. This facility will meet global regulatory requirements and is expected to be fully operational in 2022. Furthermore, The company expanded its PTFE membrane product offerings by acquiring the GE Healthcare Life science from General Electric Company (US) in April 2020.
Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=243714287
Merck Millipore (US) is one of the leading players in PTFE membranes market. In July 2020, The company majorly focuses on investment & expansion strategy. The company announced an investment of USD 21.23 million to build a laboratory facility in Buchs, Switzerland, to support its rapidly growing material business. This will help to continue to drive innovation and expand the R&D of analytical standards. With this expansion, the company is gearing up to become a world-scale manufacturer of PTFE membrane, which is used for major applications, such as pharmaceuticals, and industrial filtration.
Read Our Trending Press Release Below:
Thermoplastic Vulcanizates Market – Global Forecast to 2032
Industrial Cleaning Solvents Market – Global Forecast to 2028
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/ptfe-membrane-market-243714287.html