Lucintel's latest market report analyzed that flexible polytetrafluoroethylene in the global aerospace provides attractive opportunities in the commercial aviation, military aviation, and general aviation end use industries. The flexible polytetrafluoroethylene in the global aerospace market is expected to reach $8.3 billion by 2028 with a CAGR of 7%. In this market, granular is the largest segment by form, whereas commercial aviation is largest by end use industry.
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Based on form, the flexible polytetrafluoroethylene in the global aerospace market is segmented into granular, micro powder, fine powder, and dispersion. The granular segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to its increasing usage in the production of electrical insulation, valve seats, bearing pads, fittings, and seal rings.
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The Flexible Polytetrafluoroethylene in the Global Aerospace Market is marked by the presence of several big and small players. Some of the prominent players offering flexible polytetrafluoroethylene in the global aerospace include 3M, Arkema, AGC, Gujarat Fluorochemicals, and HaloPolymer.
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