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Global PTFE Fabric Market to Reach $930.6 Million by 2027
In the changed post COVID-19 business landscape, the global market for PTFE Fabric estimated at US$676.9 Million in the year 2020, is projected to reach a revised size of US$930.6 Million by 2027, growing at a CAGR of 4.7% over the analysis period 2020-2027. Non-Woven Fabric, one of the segments analyzed in the report, is projected to record a 5.3% CAGR and reach US$535 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the PTFE Coated Fabric segment is readjusted to a revised 4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $186.1 Million, While China is Forecast to Grow at 7.9% CAGR
The PTFE Fabric market in the U.S. is estimated at US$186.1 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$188.3 Million by the year 2027 trailing a CAGR of 8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 3.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$121 Million by the year 2027.



PTFE Fiber-Made Fabric Segment to Record 3.2% CAGR
In the global PTFE Fiber-Made Fabric segment, USA, Canada, Japan, China and Europe will drive the 3.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$72.4 Million in the year 2020 will reach a projected size of US$89.3 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 3.5% CAGR through the analysis period.