PTFE Rod

PTFE Rod Market Outlook

The global PTFE rod market is projected to reach approximately USD 1.2 billion by 2035, expanding at a compound annual growth rate (CAGR) of about 6.5% during the forecast period from 2025 to 2035. The growth of this market can be attributed to the increasing demand for PTFE rods across various industries such as chemical processing, automotive, and electrical insulation. Moreover, the unique properties of PTFE, including its resistance to chemicals, high temperature stability, and excellent electrical insulation, are driving its adoption in numerous applications. Furthermore, the rising focus on lightweight materials in manufacturing and the increasing need for high-performance components in industrial applications are also contributing factors to market growth. The robust development in regions like Asia Pacific, coupled with ongoing advancements in manufacturing technologies, is expected to create new opportunities for the expansion of the PTFE rod market.

Growth Factor of the Market

Several key factors contribute to the growth of the PTFE rod market. First, the increasing industrialization in emerging economies such as India and China is driving demand for PTFE rods in various sectors, including automotive and construction. Second, the superior chemical resistance and thermal stability of PTFE make it an ideal choice for applications in harsh environments, further fueling its demand. Third, advancements in material science and engineering have led to the development of customized PTFE products, catering to specific industry requirements which broadens the scope for market expansion. Fourth, the growing trend towards sustainable and eco-friendly materials is encouraging manufacturers to incorporate PTFE in their product lines, thus enhancing market growth. Finally, the increasing energy efficiency standards and regulations across different regions are motivating companies to adopt high-performance materials such as PTFE, which is expected to significantly increase the demand for PTFE rods in the coming years.

Key Highlights of the Market

• The global PTFE rod market is projected to reach USD 1.2 billion by 2035.
• The market is anticipated to grow at a CAGR of 6.5% during the forecast period of 2025-2035.
• Asia Pacific is expected to emerge as a significant growth region due to rapid industrialization.
• PTFE rods are widely utilized in applications requiring superior chemical resistance and thermal stability.
• Technological advancements are leading to more customized and efficient PTFE products.

By Product Type

Virgin PTFE Rod:

Virgin PTFE rods are made from pure PTFE resin and are characterized by their excellent chemical and thermal resistance. These rods are extensively used in applications where purity is critical, such as in the pharmaceutical, food processing, and semiconductor industries. Their unmatched non-stick properties and durability make them ideal for parts that require low friction and high performance. The demand for virgin PTFE rods has been on the rise, driven by the increasing need for high-quality, non-contaminating materials across various applications. Manufacturers continue to innovate and enhance the production processes for virgin PTFE rods, ensuring that they meet diverse industry standards and specifications.

Filled PTFE Rod:

Filled PTFE rods incorporate various fillers, such as glass fibers, carbon, or metallic compounds, to enhance specific properties of virgin PTFE. These rods are designed to improve mechanical strength, thermal conductivity, and wear resistance, making them suitable for more demanding applications. As industries increasingly focus on performance and cost-efficiency, filled PTFE rods are gaining popularity in mechanical engineering, automotive applications, and aerospace components. The growing awareness of the benefits provided by filled PTFE is contributing to the robust growth of this segment. Manufacturers are continuously exploring new fillers and blending techniques to optimize the performance characteristics of filled PTFE rods, offering tailored solutions for their clients.

Expanded PTFE Rod:

Expanded PTFE rods are known for their unique structure that provides excellent compressibility and flexibility, making them suitable for applications that require a high degree of adaptability. These rods are often utilized in sealing and gasketing applications, especially in the chemical and oil and gas sectors. The expansion process enhances the material's surface area, allowing for superior sealing capabilities against aggressive fluids and gases. The ongoing advancements in expansion technology are set to propel the growth of this segment in the PTFE rod market. The demand for expanded PTFE rods is further fueled by the increasing need for high-performance sealing materials in industries that prioritize safety and reliability.

Etched PTFE Rod:

Etched PTFE rods undergo a specialized surface treatment process that enhances their adhesion properties. This treatment makes etched PTFE rods ideal for applications in which bonding and coating are essential, such as in the fabrication of composite materials. The ability to bond with adhesives and coatings without compromising the inherent properties of PTFE is a significant advantage of etched rods. As industries seek innovative solutions for material adhesion, the demand for etched PTFE rods is expected to rise. Moreover, the growing trend towards lightweight composite materials in aerospace and automotive applications is likely to drive further interest in this product type.

PTFE Coated Rod:

PTFE coated rods are created by applying a thin layer of PTFE over various substrate materials, enhancing their chemical resistance and non-stick properties. This type of rod is particularly popular in applications requiring easy cleaning and maintenance, such as in food processing and pharmaceuticals. The versatility of PTFE coatings allows manufacturers to produce rods that meet specific performance criteria while minimizing production costs. As industries continue to prioritize hygiene and efficiency, the demand for PTFE coated rods is anticipated to grow significantly. Innovations in coating techniques are also improving the durability and performance of these rods, making them an attractive choice for a wide range of applications.

By Application

Chemical Processing:

The chemical processing industry is one of the leading consumers of PTFE rods due to their excellent resistance to harsh chemicals and extreme temperatures. PTFE rods are utilized in various applications within this sector, including valve components, pump seals, and gaskets. The inherent non-reactivity and durability of PTFE make it an ideal choice for preventing contamination and ensuring the safe handling of corrosive substances. The increasing focus on safety and compliance with environmental regulations is driving the demand for high-performance PTFE materials in chemical processing. As the industry continues to evolve, manufacturers are expected to develop innovative PTFE solutions that cater to the changing needs of chemical processors.

Electrical Insulation:

PTFE rods are widely used in the electrical insulation sector due to their excellent dielectric properties and thermal stability. These rods are commonly found in various electrical applications, including insulators, bushings, and electrical connectors. The growing demand for reliable and efficient electrical components in industries such as telecommunications and automotive is propelling the use of PTFE rods for insulation purposes. Additionally, advancements in electrical engineering are driving innovations in PTFE-based materials that cater to specific insulation requirements, thereby expanding the potential applications of PTFE rods in this sector.

Automotive:

In the automotive industry, PTFE rods are increasingly being utilized for their high performance and reliability in a range of applications, including bearings, bushings, and seals. The need for lightweight materials that can withstand high temperatures and varying environmental conditions is driving the demand for PTFE rods in automotive manufacturing. With the automotive sector's ongoing shift towards electric vehicles and advanced manufacturing processes, the demand for high-quality PTFE components is expected to continue growing. Manufacturers are developing specialized PTFE formulations that cater to the unique requirements of the automotive industry, thus enhancing product performance and longevity.

Construction:

PTFE rods are making a significant impact in the construction industry due to their excellent mechanical properties and resistance to chemicals, heat, and weathering. These rods are used in applications such as expansion joints, insulation materials, and protective coatings. As the construction industry increasingly emphasizes material durability and sustainability, the demand for high-performance materials like PTFE is on the rise. Additionally, innovations in construction practices and the trend towards high-performance building materials are further driving the adoption of PTFE rods in construction applications, ensuring they remain competitive and relevant in the market.

Others:

Beyond the traditional applications, PTFE rods find use in various other sectors, including aerospace, food processing, and medical. The unique properties of PTFE, such as its non-stick surface and high thermal stability, make it suitable for specialized applications in these industries. For example, in the food processing sector, PTFE rods are used for manufacturing equipment components that require easy cleaning and hygienic conditions. The medical field also benefits from PTFE rods due to their biocompatibility and resistance to sterilization processes. As industries continue to explore innovative uses for PTFE, the demand for rods in these niche applications is anticipated to grow, reflecting the material's versatility and performance capabilities.

By Distribution Channel

Direct Sales:

Direct sales are a significant distribution channel for PTFE rods, allowing manufacturers to connect with end-users and offer customized solutions directly. This approach enables companies to build strong relationships with their customers, understand their specific needs, and provide tailored products that meet stringent requirements. Additionally, direct sales can lead to reduced costs, as it eliminates intermediaries, allowing manufacturers to pass on the savings to customers. As industries continue to seek high-performance materials for their applications, direct sales are likely to remain a key component of the PTFE rod market, providing manufacturers with opportunities to expand their customer base and increase market share.

Distributor Sales:

Distributor sales play a crucial role in the PTFE rod market, as they provide manufacturers with the necessary reach and accessibility to various industries. Distributors often have established networks and relationships within specific sectors, allowing them to effectively promote PTFE products to potential customers. By utilizing distributor channels, manufacturers can efficiently penetrate new markets and reach a broader audience. Additionally, distributors often provide value-added services, such as inventory management and technical support, enhancing the overall customer experience. As the market for PTFE rods continues to evolve, the importance of distributor sales will likely grow, facilitating easier access for buyers across diverse industries.

By Diameter

Below 5mm:

PTFE rods with a diameter of less than 5mm are typically used in specialized applications that require precision and high performance. These thin rods are often utilized in the medical and electronic industries, where components need to fit into tight spaces while maintaining reliability. The exceptional properties of PTFE, such as its low friction and chemical resistance, make these rods ideal for creating small, intricate parts. As the demand for miniaturized components in various sectors continues to rise, the market for below 5mm PTFE rods is expected to witness significant growth, driven by advancements in technology and increased production capabilities.

5mm-10mm:

PTFE rods with a diameter ranging from 5mm to 10mm are well-suited for a variety of applications across several industries, including automotive, electrical, and chemical processing. These rods strike a balance between flexibility and durability, making them ideal for components that require moderate strength and thermal resistance. The growing demand for high-performance materials in these sectors is driving the adoption of PTFE rods in this diameter range. Additionally, manufacturers are continuously improving their production processes to ensure that these rods meet industry standards and specifications, further boosting their popularity.

10mm-20mm:

Rods measuring between 10mm and 20mm in diameter are commonly used in applications that demand higher strength and durability, such as in the mechanical and construction industries. These PTFE rods are ideal for making components that need to withstand significant stress and environmental conditions. The robust demand for PTFE rods in this diameter range is driven by the need for reliable materials in the production of various parts, including bearings, seals, and insulators. As industries continue to innovate and prioritize high-performance materials, the market for PTFE rods in the 10mm-20mm range is expected to grow steadily.

20mm-30mm:

PTFE rods with diameters ranging from 20mm to 30mm are often employed in heavy-duty applications that require exceptional strength and durability. These rods are typically used in industries such as oil and gas, aerospace, and manufacturing, where components must withstand extreme conditions. The demand for larger PTFE rods is increasing due to the trend towards greater safety and reliability in critical applications. Manufacturers are focusing on enhancing the performance characteristics of these rods to cater to the specific needs of heavy-duty applications, which is expected to drive growth in this segment.

Above 30mm:

PTFE rods with diameters exceeding 30mm are primarily used in highly specialized applications, where their large size is necessary for robust components or equipment. These rods are often found in industries such as marine, aerospace, and heavy machinery, where they are utilized for high-performance parts that must endure significant mechanical stress and harsh environments. The increasing emphasis on safety and performance in these sectors is driving demand for larger PTFE rods. Manufacturers are continuously innovating to create larger PTFE components that meet stringent performance criteria, thereby supporting the growth of this segment in the PTFE rod market.

By Region

The PTFE rod market is witnessing significant growth across various regional markets, with North America being one of the leading regions due to its advanced manufacturing sector and extensive industrial base. The demand for PTFE rods in the United States is largely driven by industries such as chemical processing, aerospace, and automotive. It is estimated that the North American market will account for approximately 30% of the global PTFE rod market share by 2035. Furthermore, the region is expected to grow at a CAGR of about 5.5% during the forecast period as more companies adopt high-performance materials to comply with stringent regulatory requirements. The innovation in manufacturing processes and the focus on research and development are also expected to contribute to the growth of the PTFE rod market in North America.

Europe is another significant market for PTFE rods, with a strong presence in sectors such as electrical insulation, automotive manufacturing, and industrial applications. The European market is projected to hold approximately 25% of the global share, with an anticipated CAGR of 6% during the forecast period. The increasing focus on sustainable and eco-friendly manufacturing practices in Europe is driving the adoption of high-performance materials like PTFE. Moreover, countries such as Germany, France, and the UK are leading the charge in the development of innovative PTFE products that cater to various industrial needs. The growth of the PTFE rod market in Europe is further supported by ongoing investments in advanced manufacturing technologies and an increasing emphasis on safety and performance across all sectors.

Opportunities

One of the most significant opportunities in the PTFE rod market lies in the growing demand for lightweight and high-performance materials across various industries. As manufacturers are increasingly focused on reducing weight and enhancing performance in their products, PTFE rods are becoming a preferred choice due to their unique characteristics. This trend is particularly evident in sectors such as aerospace and automotive, where every gram matters, and high-performance materials are essential for safety and efficiency. Manufacturers can capitalize on this opportunity by developing innovative PTFE formulations and products that cater to the specific needs of these industries, thus positioning themselves as leaders in this niche market. Additionally, expanding into emerging markets where industrialization is rapidly advancing could provide further avenues for growth and profitability.

Another promising opportunity lies in the increasing focus on sustainability and eco-friendly products. With industries worldwide prioritizing environmentally responsible materials, PTFE's non-toxic and recyclable properties make it an attractive option. Manufacturers can leverage this trend by promoting the ecological advantages of PTFE rods, tapping into markets that are increasingly seeking sustainable solutions. Moreover, investing in research and development to create advanced PTFE products that meet green certifications can enhance manufacturers' market appeal. Collaborating with industries that comply with stringent environmental standards can also provide a competitive edge and open new avenues for revenue generation in the evolving market landscape.

Threats

The PTFE rod market faces several threats that could impact its growth trajectory. One of the most pressing concerns is the increasing competition from alternative materials, such as PFA and FEP, which possess similar properties to PTFE. These alternatives are often marketed as cost-effective and environmentally friendly options, posing a challenge to PTFE’s market share. As industries continue to explore new materials that offer enhanced performance and sustainability, the demand for PTFE rods could be adversely affected. Moreover, fluctuations in raw material prices and supply chain disruptions can also threaten the profitability of PTFE rod manufacturers, leading to increased production costs and reduced competitiveness in the market. To mitigate these threats, companies must focus on innovation and differentiation, ensuring that their PTFE products meet the evolving needs of various industries.

Additionally, regulatory challenges can pose significant restraining factors for the PTFE rod market. As governments worldwide implement stricter environmental regulations, manufacturers may face increased scrutiny regarding their production processes and the environmental impact of their materials. Compliance with these regulations can lead to higher operational costs and may necessitate investments in new technologies to minimize waste and emissions. Furthermore, negative perceptions regarding the safety of certain fluorinated compounds used in PTFE production can also lead to market hesitance among potential customers. To overcome these challenges, manufacturers must remain proactive in adopting sustainable practices and ensuring compliance with environmental regulations, thereby reassuring customers and stakeholders about the safety and performance of their PTFE products.

Competitor Outlook

• Chemours Company
• Daikin Industries, Ltd.
• Saint-Gobain Performance Plastics
• 3M Company
• FREUDENBERG SE
• RTP Company
• Shin-Etsu Chemical Co., Ltd.
• Parkinson Technologies, Inc.
• Quadrant EPP Surlon
• Solvay S.A.
• Markel Corporation
• Weidmann Electrical Technology AG
• Norplex-Micarta, Inc.
• Emerson Electric Co.
• W. L. Gore & Associates, Inc.

The competitive landscape of the PTFE rod market is characterized by a mix of established players and emerging companies, each striving to innovate and capture a larger share of the market. Major players like Chemours Company and Daikin Industries are at the forefront, leveraging their extensive R&D capabilities to develop advanced PTFE products that meet the diverse needs of various industries. These companies have invested significantly in improving production processes and enhancing the performance characteristics of their PTFE rods, ensuring that they remain competitive in an ever-evolving market. Additionally, these industry leaders are focusing on sustainability, striving to comply with environmental regulations while maintaining high-quality production standards, which further strengthens their market position.

Another noteworthy aspect of the competitive landscape is the increasing trend of alliances and partnerships among key players in the PTFE rod market. Companies are entering into strategic collaborations to combine their expertise and resources, thereby enhancing their product offerings and expanding their market reach. For instance, partnerships between raw material suppliers and manufacturers are facilitating the development of innovative PTFE solutions that cater to specific industry requirements. These collaborative efforts not only foster innovation but also enable companies to tap into new markets and customer segments, driving growth and enhancing competitiveness.

Emerging companies in the PTFE rod market are also making their mark by focusing on niche applications and customized solutions. These players often target specific industries, such as medical or aerospace, where specialized PTFE products are in high demand. By offering tailored solutions to meet the unique requirements of these sectors, these emerging businesses can carve out a competitive advantage. Additionally, they are leveraging advanced manufacturing technologies and innovative marketing strategies to differentiate themselves from established competitors. As the market continues to evolve, the presence of both established firms and emerging players will significantly shape the future of the PTFE rod market, driving innovation and growth.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 3M Company
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 RTP Company
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Solvay S.A.
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 FREUDENBERG SE
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Chemours Company
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Markel Corporation
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Quadrant EPP Surlon
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Emerson Electric Co.
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Norplex-Micarta, Inc.
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Daikin Industries, Ltd.
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Parkinson Technologies, Inc.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Shin-Etsu Chemical Co., Ltd.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 W. L. Gore & Associates, Inc.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Saint-Gobain Performance Plastics
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Weidmann Electrical Technology AG
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 PTFE Rod Market, By Diameter
    • 6.1.1 Below 5mm
    • 6.1.2 5mm-10mm
    • 6.1.3 10mm-20mm
    • 6.1.4 20mm-30mm
    • 6.1.5 Above 30mm
  • 6.2 PTFE Rod Market, By Application
    • 6.2.1 Chemical Processing
    • 6.2.2 Electrical Insulation
    • 6.2.3 Automotive
    • 6.2.4 Construction
    • 6.2.5 Others
  • 6.3 PTFE Rod Market, By Product Type
    • 6.3.1 Virgin PTFE Rod
    • 6.3.2 Filled PTFE Rod
    • 6.3.3 Expanded PTFE Rod
    • 6.3.4 Etched PTFE Rod
    • 6.3.5 PTFE Coated Rod
  • 6.4 PTFE Rod Market, By Distribution Channel
    • 6.4.1 Direct Sales
    • 6.4.2 Distributor Sales

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 PTFE Rod Market by Region
  • 10.3 Asia Pacific - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 India
      • 10.3.1.2 China
      • 10.3.1.3 Japan
      • 10.3.1.4 South Korea
  • 10.4 Latin America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 Brazil
      • 10.4.1.2 Argentina
      • 10.4.1.3 Mexico
  • 10.5 North America - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 USA
      • 10.5.1.2 Canada
  • 10.6 Middle East & Africa - Market Analysis
    • 10.6.1 By Country
      • 10.6.1.1 Middle East
      • 10.6.1.2 Africa

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global PTFE Rod market is categorized based on

By Product Type

• Virgin PTFE Rod
• Filled PTFE Rod
• Expanded PTFE Rod
• Etched PTFE Rod
• PTFE Coated Rod

By Application

• Chemical Processing
• Electrical Insulation
• Automotive
• Construction
• Others

By Distribution Channel

• Direct Sales
• Distributor Sales

By Diameter

• Below 5mm
• 5mm-10mm
• 10mm-20mm
• 20mm-30mm
• Above 30mm

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Chemours Company
• Daikin Industries, Ltd.
• Saint-Gobain Performance Plastics
• 3M Company
• FREUDENBERG SE
• RTP Company
• Shin-Etsu Chemical Co., Ltd.
• Parkinson Technologies, Inc.
• Quadrant EPP Surlon
• Solvay S.A.
• Markel Corporation
• Weidmann Electrical Technology AG
• Norplex-Micarta, Inc.
• Emerson Electric Co.
• W. L. Gore & Associates, Inc.