Polytetrafluoroethylene (PTFE) Market Growth Insights
Valued at $2,197.8 million in 2018, the global polytetrafluoroethylene (PTFE) market is expected to generate a revenue of $2,953.6 million by 2024. According to the estimates of the market research company, P&S Intelligence, the market will progress at a CAGR of 5.0% from 2019 to 2024 (forecast period). The market is being propelled by the burgeoning requirement for PTFE in the electrical and electronics industry and cosmetic products, such as anti-aging creams, blushes, and pressed powders.
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