2/6/2019 · The PTFE membrane market is projected to reach USD 4.12 billion by 2024, rising at CAGR by 6.75% from 2019 to 2024. The market for PTFE membrane has seen strong growth in recent years and this growth is expected to continue in the near future due to an increase in demand for PTFE membrane in medical & pharmaceutical, industrial filtration, water & wastewater treatment applications.