Press Releases
 
Global Fluoropolymer Market to Grow at a CAGR of 5.3% through 2026

, 3 January 2018 -- Fluoropolymer Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017-2026

Fluoropolymer material comes in various forms, but the most common form is polytetrafluoroethylene (PTFE). In the medical device industry, PTFE is being widely used for in-body application in the solid form as it is very clean and easily inert in tissue or blood. However, it cannot be used and any load-bearing application as the material is very soft. The companies in the healthcare industry are opting for fluoropolymer as compared to the plastic for packaging due to its barrier properties and natural inertness.

Moreover, the healthcare industry is also increasingly adopting materials that are able to meet unique performance standards such as sterilization, compatible with living tissues, stable in various range of temperatures, purity, lubricity, and inertness to chemical activity. Extensive research is also being carried out in order to optimize and upgrade the performance of fluoropolymer material in the healthcare industry.

Fluoropolymers are being used in manufacturing medical devices based on two key properties i.e. biocompatibility and lubricity. Moreover, there has also been an increase in the use fluoropolymer in external medical devices such as limb installation, jackets, gloves, aprons, etc., to protect from various diseases and infection. Surgeons are also increasingly using fluoropolymer multilumen catheter to perform surgeries without the need to remove one catheter and use another. Unique properties of fluoropolymer has made it one of the most preferred materials for manufacturing devices used in minimally invasive medical procedures. Various regulatory bodies have also imposed stringent regulations on the use and manufacturing of fluoropolymer products.

Asahi Glass Co., Ltd, Solvay SA, E.I Dupont De Nemours and Company, 3M Company, Honeywell International Inc., Daikin Industries Ltd., The Chemours Company, Compagnie de Saint-Gobain SA, Mexichem S.A.B. de C.V., Zeus Industrial Products Inc., and W. L. Gore & Associates, Inc., are some of the key players operating in the global fluoropolymer market.

Global Fluoropolymer Market to Witness Steady Growth during the Forecast Period 2017-2026

The latest report by Transparency Market Research (TMR) expects the global fluoropolymer market to experience steady growth. Between the forecast period 2017 and 2026, the market is projected to increase to CAGR of 5.3%. The global fluoropolymer market is also estimated to bring in US$ 690.3 million revenue towards 2026 end.

The global fluoropolymer market is categorized into application, product, and region. Based on the product, the market segment includes fluorinated ethylene propylene, polyvinylidene difluoride, polytetrafluoroethylene, and other products. Among the given product types, Polytetrafluoroethylene is expected to be the largest product type during the forecast period 2017-2026.

Based on the application, the global fluoropolymer market is segmented into drug delivery, medical devices, pharmaceutical packaging, and other applications. Medical devices are expected to be the largest segment in terms of application of fluoropolymer in the global fluoropolymer market.

Request for Sample Copy of Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=94

Asia Pacific Excluding Japan (APEJ) to Dominate the Global Fluoropolymer Market during the Forecast Period 2017-2026

APEJ is expected to dominate the global fluoropolymer market during the forecast period. The region is the largest producer as well as consumer of fluoropolymer products. Moreover, availability of skilled labor and raw materials such as fluorocarbon, ethylene, and fluorspar at low cost are also some of the factors contributing to the growth of the region. Countries such as China, India, and South Korea are the leading manufacturers and consumers of fluoropolymer in APEJ. Meanwhile, North America and Europe are also expected to witness growth due to the developed healthcare industry in countries such as France, U.K., Germany, and the U.S.

# # #


Submitted by Sandy Researcher, Transparency Market Research on Wednesday, 3 January 2018 at 7:03 PM
Category: Health Care & Medical
 
Related News

Here is a Canada based company that is a leading manufacturer of world class health &dietary supplem
Wednesday, 25 Apr 2018

Geriatric Medicines Market Estimated to Exhibit 7.27% CAGR through 2023
Wednesday, 25 Apr 2018

Portable CPR Market Growth and Sales Forecast 2017 - 2025
Wednesday, 25 Apr 2018

Electrophoresis Equipment and Supplies Market Worth US$ 1.9 Bn by 2019
Wednesday, 25 Apr 2018

Electrodes for Medical Devices Market is Poised to Exhibit a Moderate 11.70% CAGR through 2019
Wednesday, 25 Apr 2018

Related Events

RNASeq Summit
Tuesday, 24 Apr 2018

European Neoantigen Summit
Tuesday, 24 Apr 2018

Antigen- Specific Immune Tolerance Drug Development Summit
Tuesday, 24 Apr 2018

2018 eRegulatory Summit, Lisbon
Tuesday, 24 Apr 2018

ChinaBio Partnering Forum, Suzhou 2018
Wednesday, 25 Apr 2018

Latest News

Solar lights outdoor for Your Backyard
Wednesday, 25 Apr 2018

Here is a Canada based company that is a leading manufacturer of world class health &dietary supplem
Wednesday, 25 Apr 2018

5 Things a Budding Forex Trader Needs To Do
Wednesday, 25 Apr 2018

Pipeline Leak Detection System Market: A Straight Survey of Growth Factors and Expected Projection 2
Wednesday, 25 Apr 2018

Find best solar lights outdoor
Wednesday, 25 Apr 2018

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2018
Today is Wednesday, 25 April 2018

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • RNASeq Summit
  • European Neoantigen Summit
  • Oil & Gas Supply Chain Compliance 2018
  • 2018 eRegulatory Summit, Lisbon
  • Antigen- Specific Immune Tolerance Drug Development Summit

  • Latest Jobs
    Sorry, there are currently no entries posted here.