Fluoropolymer Tubing Market is anticipated to grow at a significant CAGR of 4.6% during the forecast period. One of the major factors contributing to the growth of the market is the increasing applications provided by fluoropolymer tubing. Fluoropolymer tubing is built with non-stick fluoropolymer resins, merged with their low obtainable levels and having chemically non-reactive attributes, which makes it resist mechanical and thermal shock, and is non-aging. These properties have grown the demand for fluoropolymer tubing in industries.
The COVID-19 pandemic had disrupted the manufacturing operations of various industries including fluoropolymer production owing to the imposition of lockdown across the globe by several governments. Further, the COVID-19 pandemic had also affected the buying behaviour of the consumers, as people were more focused on buying more essential goods. Many companies operating in the market were also impacted in an adverse manner due to the COVID-19 pandemic. For instance, as per the annual report of AMETEK Inc., the net sale of the company in 2020 was decreased to $4.5 billion which was $5.1 billion in 2019.
The global fluoropolymer tubing market is segmented based on the type and application. Based on the type, the market is segmented into polytetrafluoroethylene (PTFE) tubing, fluorinated ethylene-propylene (FEP) tubing, perfluoroalkoxy polymer (PFA) tubing, and others. The other types of fluoropolymer tubing are ETFE tubing, PVDF tubing, H2 tubing, and heat shrink tubing. Based on the application, the market is sub-segmented into the medical, chemical, electronics, and others. The other applications of fluoropolymer tubing are automotive, semiconductor, waste processing, and food & beverage.
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Fluoropolymer Tubing Market Segmentation
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)
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Regional Analysis
North America
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of the World
Company Profiles
- Adtech Polymer Engineering Ltd. Co.
- Altaflo
- Dongguan Saniu Electronics Co., Ltd.
- Entegris
- Habia Teknofluor AB
- Junkosha Inc.
- Integrated Polymer Solutions
- NewAge Industries
- Polyflon Technology Ltd.
- Shanghai Eco Polymer Sci.&Tech. Co., Ltd.
- Swagelok Co.
- Tef-Cap Industries Inc.
- Xtraflex
- Yodogawa Hu-Tech Co, Ltd.
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Article source: https://article-realm.com/article/Business/61459-Fluoropolymer-Tubing-Market-Is-Likely-to-Experience-a-Tremendous-Growth-by-2031.html
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