Polytetrafluoroethylene (PTFE) Market Opportunities, Business Forecast To 2028

The global polytetrafluoroethylene (ptfe) market size was valued at USD 2.38 billion in 2021 and is poised to grow at a significant CAGR of 11.8% during the forecast period 2022-28. Polytetrafluoroethylene is a tetrafluoroethylene fluoropolymer made synthetically. Tetrafluoroethylene polymerization produces a strong, waxy, non-flammable synthetic resin with a high crystallisation and melting point. It is widely utilised in pipe and containers of reactive and corrosive chemicals since it is non-reactive and has better chemical resistance. It's also commonly used as a catheter coating, which reduces the ability of bacteria and other infectious agents to stick to catheters and cause hospital-acquired infections. Furthermore, due to its high surface lubricity and anti-blocking properties, PTFE is employed in electronics, pharmaceuticals, textiles, and culinary applications. View Detailed Report Description at https://precisionbusinessinsights.com/market-reports/global-polytetrafl...