The polytetrafluoroethylene (PTFE) market size was estimated at over 156 kiloton in 2021, and the market is projected to register a CAGR of over 5% during the forecast period (2022-2027).

New York, April 29, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Polytetrafluoroethylene (PTFE) Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)" - https://www.reportlinker.com/p06039493/?utm_source=GNW The market was negatively impacted by COVID-19 in 2020. However, the market has now been estimated to have reached pre-pandemic levels and is forecasted to grow steadily in the future. Key Highlights Over the short term, the major factors driving the market’s growth are the supreme chemical resistance and thermal characteristics, growing demand for non-stick cookware, and increasing applications in the electrical and electronics sector. The chemical and industrial processing industry segment dominated the market, and it is likely to continue its dominance during the forecast period. The growing healthcare applications are further likely to provide opportunities for the studied market during the forecast period. Asia-Pacific dominated the market across the world. The share-trend is expected to remain the same during the forecast period, where chemical and industrial processing will still dominate the market in terms of volume. Key Market Trends Chemical and Industrial Processing Industry Segment to Dominate the Market Demand In the chemical and industrial processing industry, PTFE is the material of choice for gaskets, vessel linings, pump interiors, washers, rings, seals, spacers, dip tubes, and well-drilling components. PTFE is unaffected by virtually all acids and caustics and functions in an extreme environment; thus, it is widely used in this industry. Additional usage for the chemical industry includes coatings for heat exchangers, pumps, diaphragms, impellers, tanks, reaction vessels, autoclaves, containers, etc. The oil and gas industry is also a major consumer of PTFE coatings. Oil and gas exploration and recovery demand the harshest of all applications for polymeric materials. The demand in the global oil and gas industry has been severely affected by the Covid-pandemic and the volatile raw material prices. Overall, global oil demand is expected to rise by a total of 5.7 mb/d (million barrels per day), with China and India accounting for about half of growth through 2025. At the same time, the world’s oil production capacity is expected to rise by 5.9 mb/d. Non-OPEC supply will rise by 4.5 mb/d while OPEC builds another 1.4 mb/d of crude and natural gas liquids capacity. The temperature and pressures, the corrosive chemicals present, and the operational life, which are expected of such materials, require premium, high-performance grades. Another benefit that it offers to the manufacturing and processing industry is the facilitation of smooth functioning of the machinery, thereby saving the time required during downtime. The growing chemical and industrial processing industry is expected todominate thee market for PTFE through the forecast period. Asia-Pacific to Dominate the Market The Asia-Pacific region dominated the global market share, with China dominating the market. China is the largest importer of oil and gas. The primary energy consumption in the country is dominated by coal. However, owing to air pollution and environmental concerns, the country is employing policies to increase the share of gas and reduce the share of coal in the total energy mix. China’s state-owned oil and gas operators, namely, China National Petroleum Corp. (CNPC), China Petrochemical Corp. (Sinopec), and China National Offshore Oil Corp., monopolized the oil and gas market. However, the new reforms are expected to make it easier for private companies to invest in the country, which, in turn, is expected to help reduce the monopoly of state-owned companies. The growing investment by the private sector is also expected to improve the oil and gas industry, thus driving the PTFE market in the country. Furthermore, the Japanese electrical and electronics industry is one of the world’s leading industries. The country is a world leader in the production of video cameras, compact discs, computers, photocopiers, fax machines, cell phones, and various other key computer components. Hence, all such market trends are expected to drive the demand in the PTFE market during the forecast period. Competitive Landscape The polytetrafluoroethylene (PTFE) market is partially consolidated in nature. Some of the major players in the market (in no particular) include Dongyue Group, The Chemours Company, 3M, Gujarat Flurochemical Limited, and Daikin Industries Ltd. Additional Benefits: The market estimate (ME) sheet in Excel format 3 months of analyst support Read the full report: https://www.reportlinker.com/p06039493/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________

Billionaire Warren Buffet is one of two people in the top ten richest people in the world who has seen his net worth rise since January, according to the Bloomberg Billionaires Index. The CEO of Berkshire Hathaway ( (BRK.A) - Get Berkshire Hathaway Inc. Class A Report, is ranked number five on the index, which is a daily ranking of the world's richest people. The only other billionaire in the top 10 of the Bloomberg list is Gautam Adani, an Indian infrastructure magnate that owns real estate, commodities and power generation and transmission, whose total net worth is $102 billion and his year-to-date performance is a profit of $25.5 billion.

Micron could be the cheapest tech stock in the market, based on its price/earnings ratio. Western Digital isn’t far behind.

Entering the final day of trading this week, the stock of Chinese electric vehicle maker Nio (NYSE: NIO) had been down more than 12% just this week, and more than 25% over the past month. After rising more than 9% Friday morning, Nio American depositary shares (ADSs) were still up 7.1% as of 10:50 a.m. ET. There are fears the U.S.-listed ADSs could be delisted as the company joined a growing list of Chinese names that will be required to provide proof of meeting U.S. accounting and audit standards for three straight years.

Feel poorer after the S&P 500's sell-off? Just know it could be worse. Much worse. Investors who piled in some $40 billion firms found out.

The departing executives said he was asked to leave by the CEO, who "wants to take the team in a different direction."

Nvidia (NASDAQ: NVDA) shareholders were in for a pleasant surprise Friday as the semiconductor maker made significant gains. As of 1:05 p.m. ET, Nvidia's share price had surged by  9.8% as investors became more bullish about the market in general. The tech-heavy Nasdaq Composite was up by nearly 4% at that point in the session.

We've seen this movie before only to watch dip-buyers get fleeced — but money managers are now warming to the idea of a material bounce in stocks.

In this article, we will discuss the 12 best energy stocks for 2022. If you want to skip our detailed analysis of the energy sector which highlights key trends and major players, you can go directly to 5 Best Energy Stocks for 2022. The energy sector has been the biggest contributor to skyrocketing inflation in […]

A cryptocurrency crash has already wiped out $600 billion in digital asset market value over the past week. With the declines in crypto outpacing those in stocks, Bitcoin may actually be a bellwether for capitulation among investors—that point when the market can really find a bottom, according to analyst Barry Bannister at Stifel. “We monitor several factors which we believe will mark the capitulatory low for stocks,” Bannister said in a Wednesday note.

Shares of Boeing (NYSE: BA) joined the rally on Friday morning, trading up more than 6% at one point, only to give up most of those gains as they day went on. Investors got a reminder of the challenges that face Boeing's commercial division, taking the wind out of the shares. It's been a tough run for Boeing, with shares down by more than 60% since the start of 2020.

(Bloomberg) -- The week is ending on a higher note for Big Tech on hopes a relentless selloff may be nearing exhaustion. But Friday’s rally can’t completely wipe out a sobering signal from Apple Inc. shares. Most Read from BloombergElon Musk Sows Doubt Over His $44 Billion Twitter TakeoverSony PlayStation Staff Fume Over CEO’s Abortion CommentsApple Testing iPhones That Ditch Lightning Ports in Favor of USB-CUkraine Latest: US Senator Delays Aid Vote; Russia Eyes BorderElon Musk Trolls TwitterAf

(Bloomberg) -- Moderna Inc. said it acted immediately to remove Jorge Gomez as chief financial officer earlier this week after it learned of an investigation related to the handling of incentives at his former company. Most Read from BloombergElon Musk Sows Doubt Over His $44 Billion Twitter TakeoverSony PlayStation Staff Fume Over CEO’s Abortion CommentsApple Testing iPhones That Ditch Lightning Ports in Favor of USB-CUkraine Latest: US Senator Delays Aid Vote; Russia Eyes BorderElon Musk Troll

Elon Musk tweeted on Friday that his $44-billion cash deal for Twitter Inc was "temporarily on hold" while he waits for the social media company to provide data on the proportion of its fake accounts. Twitter shares initially fell more than 20% in premarket trading, but after Musk, the chief executive of electric car market Tesla Inc, sent a second tweet saying he remained committed to the deal, they regained some ground. Musk, the world's richest person, decided to waive due diligence when he agreed to buy Twitter on April 25, in an effort to get the San Francisco-based company to accept his "best and final offer."

Investors are studying an array of indicators for clues on how much further a brutal slide in U.S. stocks could run, with some signs suggesting the tumble in equities may not be over. The S&P 500 extended its decline to nearly 20% from January’s record peak on Thursday before an end-of-week bounce, approaching the cusp of a bear market amid concerns that persistently high inflation will prompt more aggressive Federal Reserve interest rate increases that could undermine the economy. Declines have been even steeper in the tech-heavy Nasdaq Composite, which is down 24.5% year-to-date.

The stock market presents a somewhat confusing picture for now. The main indexes are all steeply down for the year so far – with losses of 16% on the S&P 500 and 25% on the NASDAQ. Drops of this magnitude come with a caveat, however: it’s inevitable that some fundamentally sound stocks are seeing drops in share price just due to the overall market’s downward trend. Indeed, Wall Street’s analysts are seeing plenty, in their words, attractive entry points -- beaten-down stocks that are primed for

Unity Software's (NYSE: U) stock price plunged 29% during after-hours trading on May 10 following its first-quarter earnings report. On a non-generally accepted accounting principles (non-GAAP) basis, Unity narrowed its net loss from $27.3 million to $25.4 million, or $0.08 per share -- which matched analysts' expectations. For the second quarter, Unity expects its revenue to rise just 6% to 8% year over year, which broadly misses the consensus forecast for 31% growth.

Berkshire Hathaway is on pace to collect more than $6 billion in dividend income over the next year. Roughly $4.3 billion will come from just five stocks.

(Bloomberg) -- California Governor Gavin Newsom said Friday that his state has a record $97.5 billion operating surplus, as high tax rates on its wealthiest residents mean he has more cash to fund liberal priorities such as education and health care.Most Read from BloombergElon Musk Sows Doubt Over His $44 Billion Twitter TakeoverSony PlayStation Staff Fume Over CEO’s Abortion CommentsApple Testing iPhones That Ditch Lightning Ports in Favor of USB-CUkraine Latest: US Senator Delays Aid Vote; Ru

Congrats on being so close to retirement and having $1 million saved – that’s such a great accomplishment. You bring up two very important retirement points so I’ll just dive right in. As for whether or not you should move your IRA into a Roth account, the answer is: It depends.

In this article, we discuss the 10 stocks that Cathie Wood doubled her stakes in 2022. If you want to read about some more stocks that Wood is doubling down on, click Cathie Wood Doubled Her Stakes in These 5 Stocks in 2022. Cathie Wood of ARK Investment Management has seen her growth-heavy portfolio steadily […]