The global fluoropolymer tubing market is anticipated to grow at a considerable CAGR of 4.6% during the forecast period (2021-2027). One of the major consumers of fluoropolymer tubing is the medical industry which uses it due to its chemical resistance and high purity. Fluoropolymer tubing is also considered stable against strong corrosive chemicals such as nitric and phosphoric acid, which are often used in medical industry. Additionally, for keeping the purity of materials, fluoropolymer tubing is also acting as one of the important factors in the medical industry. Fluoropolymers are being utilized as coatings for the tubing in COVID-19 test kits due to their matchless durability, extreme heat resistance, and low friction.
Browse the full report description of "Global Fluoropolymer Tubing Market Size, Share & Trends Analysis Report By Type (PTFE Tubing, FEP Tubing, PFA Tubing, and Others), and By Application (Medical, Chemical, Electronics, and Others) Forecast Period (2021-2027)" at https://www.omrglobal.com/industry-reports/fluoropolymer-tubing-market
Further, increasing number of export in the medical industry is also acting as other prime factor that is enhancing the growth of the market. For instance, as per the 2020-2021, annual report of the Department of Pharmaceuticals of India, the export of pharmaceuticals increased to $19,691 million which was $17,849.9 million in 2019-2020.
Market Coverage
• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
o By Type
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- AMETEK Inc., NICHIAS Corp., PARKER HANNIFIN CORP., Saint-Gobain Performance Plastics, and Zeus Industrial Products, Inc.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Fluoropolymer Tubing Market Report Segment
By Type
• Polytetrafluoroethylene (PTFE) Tubing
• Fluorinated ethylene-propylene (FEP) Tubing
• Perfluoroalkoxy polymer (PFA) Tubing
• Others (ETFE Tubing, PVDF Tubing, H2 Tubing, and Heat Shrink Tubing)
By Application
• Medical
• Chemical
• Electronics
• Others (Automotive, Semiconductor, Waste Processing, and Food & Beverage)
Global Fluoropolymer Tubing Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa