Global Protective Venting Membrane Market: Market Driver and Restraint
Applications of Protective Venting Membrane are anticipated to create new business segments in the market. Protective Venting Membrane is in use for a broad range of Sensors products such as electronics, lighting, enclosures, products that see harsh external conditions & others. The companies are focusing on launching products that are launched in few regions. There lies a great opportunity since only a few companies are into this business due to introductory stage of this product market. Protective Venting Membrane application is developed towards a more active mode.
Manufacturers are exploring the potential of Protective Venting Membrane in Automotive. Application of Protective Venting Membrane in sensitive electronics are gaining traction in the recent years. Recently, manufacturers have started using Protective Venting Membrane in the Chemical Engineering area. Further, there are also potential uses in the areas of components.
Global Protective Venting Membrane Market: Forecast by Nature
This segment includes EPTFE Membrane, Other, etc. In terms of volume, EPTFE Membrane segment is expected to remain dominant in the global Protective Venting Membrane market.
Global Protective Venting Membrane Market: Forecast by Region
North America, Latin America, Eastern Europe, Western Europe, APEJ, Japan and MEA are the seven regions that are included in this report. North America is the dominant market in the global Protective Venting Membrane market in terms of value. The North America Protective Venting Membrane market was estimated to be valued at US$ 38 Mn in 2017 and is expected to expand at a value CAGR of 6.6% over the forecast period. The Europe market is expected to expand at a robust rate of 6.1% in terms of revenue over the forecast period due to the steadily increasing production capacity for electronics, lighting, enclosures products in this region.
Global Protective Venting Membrane Market: Key Players
GORE, Saint-Gobain, Donaldson, Sumitomo, Zeusinc, Clarcor, Porex, MicroVent, etc. are the key vendors included in this report.
The market concentration of Protective Venting Membrane is medium. The supply and demand relationship in the industry has been stable and modest. Of the 2017 global market, the top 5 companies, account for more than 47.23% of sales. GORE Chemical is by far the leader, followed by Saint-Gobain and Donaldson. Key Vendors like Sumitomo, Zeusinc , and Clarcor, also play important part in regional market, so the market share in each region is quite different.
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