Fluoropolymer Tubing Market Size, Share and Global Market Forecast to 2029 | COVID-19 Impact Analysis | DataMIntelligence

DataM Intelligence
The Global Fluoropolymer Tubing Market is Expected to Reach a CAGR of 5.2% during the forecast period 2022-2029.

Market Overview

Fluoropolymer tubing is crafted from fluorocarbon polymers, which encompass carbon-fluorine molecular bonds. Due to the presence of an electronegative fluoride ion within the fluoropolymer, fluoropolymer tubing is non-sticky. Fluoropolymer tubing is split into Fluorinated ethylene-propylene (FEP), Polytetrafluoroethylene (PTFE), Polychlorotrifluoro-ethylene (PCTFE), Polyvinylidene fluoride (PVDF) and others based totally at the raw materials’ chemical homes.

Fluoropolymer tubing offers houses along with chemical inertness, excessive-temperature resilience, galling resistance, abrasion resistance, low friction coefficients, superb dielectric properties and power insensitivity. Fluoropolymer tubing is in high call for and is currently used in scientific, semiconductor, strength, oil and gasoline, aerospace, automobile and different industries.

 

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Market Dynamics

The speedy growth of the healthcare sector and the demand for fluoropolymer tubing within the respective marketplace act as a primary market booster that drives the global fluoropolymer tubing market. However, the difficulty in manufacturing excessive-overall performance fluoropolymer tubing is anticipated to restrain the respective marketplace.

 

The expanding healthcare sector and growing demand for fluoropolymer tubing in the respective sector

The fluoropolymers tubings discover big packages inside the healthcare sector due to their inertness, non-toxicity and biocompatibility. As a result, they locate applications in clinical devices, along with intravenous catheters, heating coils, instrumentation piping and containment bags. Further, fluoropolymer tubings have super medicinal characteristics consisting of high purity, non-toxicity, biocompatibility and serializability, in addition to being inert and non-stick. Therefore these tubings are valuable assent in internal and outdoors life-saving gadgets, including bio-containment vessels, syringes and sutures.

For example, PTFE tubings are especially beneficial for scientific packages together with catheter tubing and cardiac patches, lowering the risk of bacterial construct-up and infection. In addition, external medical gadgets, such as measuring pumps and diaphragm pumps, can also advantage from fluoropolymer tubing. The chemical resistance of fluoropolymer tubings crafted from PTFE and PVDF permits it to address chemically aggressive fluids especially easily. As an end result, fluoropolymer tubings manufactured from PTFE, FEP, PFA, PVDF and ETFE are perfect for fluid distribution structures, which include storage tanks, vessels, pipelines, fittings and accessories.

The international healthcare business is anticipated to develop unexpectedly, particularly in Brazil, Russia, India, China and South Africa, due to converting purchaser needs, extra healthcare attention and an ageing populace. The large increase of the healthcare quarter boosts the call for superior clinical gadgets, in particular in emerging economies, thereby imparting several developmental possibilities for the fluoropolymer tubing market. The advanced homes of fluoropolymer tubings, including high purity, non-toxicity, biocompatibility and serializability, while mixed with financial boom, higher government spending on healthcare facilities and extended customer buying electricity, ought to increase the demand and sales of the fluoropolymer tubing marketplace.

As a result, the rapidly expanding healthcare sector and growing call for fluoropolymer tubing in the respective region could be a chief market driver that could increase the marketplace demand for fluoropolymer tubing.

 

Market Segmentation

l By Raw Material

l By Application

l By Region

 

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Competitive Landscape

The global fluoropolymer tubing market is moderately active and competitive in terms of the number of global and local competitors. The market could be regarded as consolidated due to the existence of only a few key players. However, the rise of industrial segments such as healthcare, automotive and aerospace and the corresponding demand growth for fluoropolymer tubing in these end-users is expected to attract more players into the market.

Due to the need to achieve a competitive edge and recognition in the respective markets, significant market players use market techniques such as mergers, acquisitions, product launches, contributions and collaborations. The main market participants are Saint-Gobain, Optinova, TE Connectivity, Teleflex Inc, Tef-Cap Industries, Zeus Industrial Products, Fluorotherm, AMETEK, Parker Hannifin and Swagelok.

For instance, on April 23, 2019, AMETEK Fluoropolymer Products (FPP) introduced the XXP280 Heat Exchanger, the latest product in the company’s heating and cooling technology for the corrosive and ultra-pure chemicals segment. The XXP280’s tough design, which is entirely made of fluoropolymer, enables precise temperature control in harsh conditions where other devices fail. The honeycomb construction provides for high heat transfer rates while keeping a small dimension and high-pressure capability.

 

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