According to a market report by Lucintel, the future of the global PTFE venting for automotive market looks promising with opportunities in the electronic, lighting, power strain, and fluid reservoir applications. The global PTFE venting for automotive market is expected to grow with a CAGR of 3.4% from 2024 to 2030. The major drivers for this market are increasing demand for lightweight vehicles and augmenting demand for electric vehicles.

In this market, adhesive vent and vent without backing material are the major segments of PTFE venting for automotive market by type.

Lucintel forecasts that adhesive vent is expected to witness higher growth over the forecast period due to its features, such as easy installation, relatively inexpensive, and available in variety of sizes and shapes.

Within this market, electronic is expected to witness highest growth over the forecast period due to significant use of PTFE venting in electronic components to protect sensors from moisture and other contaminants.

APAC is expected to witness highest growth over the forecast period due to rapid growth of the automotive industry in the region.

GORE, Saint-Gobain, Donaldson, Sumitomo, Zeus, Clarcor, and Porex are the major suppliers in the PTFE venting for automotive market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com