The report “Fluoropolymer Tubing Market by Material (PTFE, PVDF, FEP, PFA, ETFE) Application (Medical, Semiconductor, Energy, Oil & Gas, Aerospace, Automotive, Fluid Management, General Industrial) Form Factor, and Region – Global Forecast to 2026″ The global fluoropolymer tubing market size is projected to grow from USD 513 million in 2021 to USD 662 million by 2026, at a CAGR of 5.2% between 2021 and 2026. Fluoropolymer tubes are extrusions made of inert materials. These tubes have exceptional versatility and a set of unique properties. Various types of fluoropolymer provide different advantages in the applications they are used in. Fluoropolymer tubes exhibit high tensile strength, exceptional chemical & friction resistance, and a high range of workable temperature, among other properties. They are used in industries such as medical, semiconductor, energy, fluid management, chemical processing, general industrial, automotive, and aerospace. Growing geriatric population, increasing use in end-use industries ultimately drives the fluoropolymer tubing market globally.
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• 160 Market data Tables
• 38 Figures
• 239 Pages and in-depth TOC on “Fluoropolymer Tubing Market – Global Forecast to 2026″
• 38 Figures
• 239 Pages and in-depth TOC on “Fluoropolymer Tubing Market – Global Forecast to 2026″
Some of the prominent key players are:
- Saint-Gobain (France),
- Optinova (Finland),
- TE Connectivity (Switzerland),
- Teleflex Inc. (US),
- Tef-Cap Industries (US),
- Zeus Industrial Products (US), and many more….
Opportunity: Increasing healthcare investments in emerging economies
Healthcare and medical industry is one of the major consumers of fluoropolymer tubing owing to rising aging population, healthcare awareness, and rapid development in medical device industries. Brazil, Russia, India, China, and South Africa (BRICS) are among the fastest-growing economies globally. Economic growth of developing countries, increased spending by respective governments on healthcare facilities, and increased purchasing power of consumers are key opportunities for fluoropolymer tubing market. Moreover, rapid development and increasing investment in healthcare infrastructure is expected to create future opportunities for the fluoropolymer tubing market
DRIVER: High growth in end-use industries
Fluoropolymer tubing materials especially PTFE, FEP, and PFA are extensively used in electrical & electronics, industrial processing, medical, automotive, and aerospace industries. They have high heat resistance, high dimensional stability, low weight, and good chemical resistance over conventional polymer tubing. Fluoropolymer tubing materials can withstand aggressive application conditions under a broad range of temperatures suitable for aerospace and automotive industry. In aerospace engineering fluoropolymer tubing are highly used due to various characteristics such as resistance to temperature, flame, abrasion, and chemical along with light weight and flexible properties. Fluoropolymer tubing manufacturing companies are enhancing their sales effort and relationship with aerospace companies and their component suppliers for creating future business opportunities in the industry.
North America is expected to be the largest market for fluoropolymer tubing during the forecast period.
North America is a mature markets for fluoropolymer tubing. North America accounted for the largest share of the global fluoropolymer tubing market in 2020, and it is projected to continue leading the market during the forecast period because of the focused interest of governments in healthcare expenditure, EV developments, and a large presence of fluoropolymer tubing manufacturers.
