Benefiting from the development of the terminal industry, the ePTFE industry has good development prospects

ePTFE (expanded polytetrafluoroethylene membrane) is a new porous material with a micron or sub-micron porous three-dimensional network microstructure produced from PTFE as raw material through stretching, calendering and other processes. ePTFE not only has the excellent properties of PTFE, but also has a wider operating temperature range and higher mechanical properties. It also has hydrophobicity, porosity, breathability and other properties that PTFE does not have. ePTFE has superior performance and is used in many fields such as consumer electronics, new energy vehicles, aerospace, and medical care, and has high market demand.

The application field of ePTFE is a niche market. Although there is less application demand in some fields, the overall demand is high and the application space is huge. At present, the ePTFE market is mainly affected by the development of new energy vehicles and consumer electronics. In the domestic market, benefiting from policy support, my country’s new energy vehicle sales continue to rise. In 2021, my country’s new energy vehicle sales will be 3.521 million units, a year-on-year increase of 1.6 times. In the automotive field, ePTFE membranes are mainly used in breathable plugs, breathable membranes, water-retaining membranes and other fields. The market size of water-retaining membranes alone is approximately RMB 830 million.

With the rapid development of mobile Internet technology, the improvement of functions of consumer electronic products, and the improvement of residents’ income levels, the demand for consumer electronics market continues to rise. In 2017, the global consumer electronics market size was US$0.9 trillion. Affected by the new crown epidemic in 2020, the market size dropped significantly, but it will rebound to US$1.1 trillion in 2021. ePTFE has a wide range of applications, and downstream industries are showing a stable development trend, so the ePTFE industry has huge development potential.

According to the “Research Report on Application Market Demand and Development Opportunities of China’s Expanded Polytetrafluoroethylene Membrane (ePTFE Membrane) Industry from 2022 to 2026” released by the Industrial Research Center It shows that in production, overseas companies have been early in the ePTFE membrane field, with leading technology, and the products they produce are of good quality and have a wide variety, which can be applied in different fields. Currently, the major ePTFE membrane manufacturers in the world include American Gore, Nitto Denko, and Donaldson. In the domestic market, high-end aerospace, pharmaceutical and other fields are still occupied by foreign companies, while the mid- to low-end markets are gradually realizing localization, benefiting from market demand and policy support.

Pan Asia Micro-Penetration is a major manufacturer of ePTFE membranes in China, and its products are used in the automotive and consumer electronics fields. ePTFE micro-permeable products, seals, and water-retaining films are the main businesses of Pan Asia Micro-permeable Company. In the first half of 2021, this business achieved revenue of approximately 24 million yuan, accounting for approximately 17% of the revenue.

Industry analysts said that ePTFE membrane can be processed into a variety of products and applied in many fields. Benefiting from the development of downstream industries, ePTFE membrane The membrane market demand continues to rise, and the industry has developed rapidly. In terms of production, overseas companies have early deployment, rich product varieties, and higher application requirements. Benefiting from the push of market demand, my country has accelerated the localization of products. Currently, Pan Asia Micro-Penetration has a greater influence in the market.