Market Overview:
The global PTFE tubing products market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for PTFE tubing products from various end-use industries, such as medical, pharmaceutical, chemical, electronics, automotive and semiconductor. In addition, the growing demand for heat shrinkable tubing is also contributing to the growth of this market. Asia Pacific is expected to be the fastest-growing region in terms of revenue during the forecast period.
Product Definition:
PTFE has a very low coefficient of friction and is therefore often used as a coating or lining for other materials to reduce wear and tear. It is also non-reactive, meaning it does not corrode in contact with most chemicals. This makes it an ideal material for use in applications where corrosion resistance is important, such as food and beverage processing, pharmaceuticals, and chemical production.
Heat Shrinkable Tubing:
Heat shrinkable tubing is made from special polymers and has the ability to contract & expand on demand. It can be heated to its normal size then, when cooled, it will return to its original shape. This allows for easy application in flexible circuits as well as rigid ones. The shrinking effect can be controlled by controlling the temperature of the heat-shrinkable tubing during its usage in a circuit or device.
Extruded Tubing:
Extruded tubing is a type of tubular product made from engineering thermoplastic extrusion. It offers several advantages over conventional products such as lower weight, cost-effectiveness, and easy fabrication methods. The most important advantage is that it can be used in applications where the wall thickness does not exceed 7.5mm and still provide adequate strength to the structure or component being formed.
Application Insights:
The global PTFE tubing products market is segmented by application into medical, pharmaceutical, chemical, electronics, automotive and other applications. In 2017 the medical application dominated the overall industry with a share of over 40% in terms of revenue. The growth can be attributed to increasing demand for tubes in various healthcare applications such as laboratories and hospitals.
PTFE tubing has excellent resistance towards acids and bases which makes it suitable for use in harsh environments including oil refineries where there are high temperatures as well as harsh chemicals being processed. It finds numerous applications across several industries including food & beverage processing plants along with its usage within the semiconductor industry which is expected to drive product demand over the forecast period significantly contributing towards market growth during the study period.
Regional Analysis:
Asia Pacific was the dominant regional market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from various end-use industries, such as electronics, medical, pharmaceuticals and others. China is one of the largest producers and consumers of PTFE tubing products in this region owing to easy availability of raw materials coupled with cheap labor costs.
The Asia Pacific held a revenue share of more than 30% in 2017 owing to high demand for heat shrinkable tubing from various end-use industries such as automotive, aerospace & defense among others. The presence of major players along with raw material suppliers has led China into becoming a global hub for manufacturing electronic devices including smartphones and laptops among other consumer electronics products which has further increased product consumption across this region significantly over the past few years (see Figure 1).
Growth Factors:
- Increasing demand from the automotive and aerospace industries for PTFE tubing products due to their properties of high temperature resistance, chemical inertness, and low friction.
- Growing popularity of PTFE tubing products in medical applications due to their biocompatibility and non-toxicity.
- Rising demand for PTFE tubing products in the food and beverage industry as they are resistant to corrosion and degradation by various chemicals present in these industries.
- Increasing use of PTFE tubing products in semiconductor manufacturing processes as they are effective at preventing contamination caused by particles or gasses present in the manufacturing environment .
Scope Of The Report
Report Attributes
Report Details
Report Title
PTFE Tubing Products Market Research Report
By Type
Heat Shrinkable Tubing, Extruded Tubing
By Application
Medical, Pharmaceutical, Chemical, Electronics, Automotive, Semiconductor, Food & Beverage, Others
By Companies
Swagelok, NICHIAS, PARKER, Zeus Industrial Products, Saint-Gobain, Yodogawa, Xtraflex, Habia Teknofluor AB, Tef-Cap Industries, NewAge Industries, Dongguan Saniu
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
167
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global PTFE Tubing Products Market Report Segments:
The global PTFE Tubing Products market is segmented on the basis of:
Types
Heat Shrinkable Tubing, Extruded Tubing
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medical, Pharmaceutical, Chemical, Electronics, Automotive, Semiconductor, Food & Beverage, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Swagelok
- NICHIAS
- PARKER
- Zeus Industrial Products
- Saint-Gobain
- Yodogawa
- Xtraflex
- Habia Teknofluor AB
- Tef-Cap Industries
- NewAge Industries
- Dongguan Saniu
Highlights of The PTFE Tubing Products Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Heat Shrinkable Tubing
- Extruded Tubing
- By Application:
- Medical
- Pharmaceutical
- Chemical
- Electronics
- Automotive
- Semiconductor
- Food & Beverage
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the PTFE Tubing Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
PTFE tubing products are made from a type of polymer that is resistant to most chemicals and oils. This makes them ideal for use in applications where contamination is a concern, such as medical equipment. PTFE tubing also has high resistance to heat and cold, which makes it an ideal material for use in temperature-sensitive applications.
Some of the major players in the ptfe tubing products market are Swagelok, NICHIAS, PARKER, Zeus Industrial Products, Saint-Gobain, Yodogawa, Xtraflex, Habia Teknofluor AB, Tef-Cap Industries, NewAge Industries, Dongguan Saniu.
The ptfe tubing products market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PTFE Tubing Products Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 PTFE Tubing Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PTFE Tubing Products Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the PTFE Tubing Products Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global PTFE Tubing Products Market Size & Forecast, 2018-2028
4.5.1 PTFE Tubing Products Market Size and Y-o-Y Growth
4.5.2 PTFE Tubing Products Market Absolute $ Opportunity
Chapter 5 Global PTFE Tubing Products Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 PTFE Tubing Products Market Size Forecast by Type
5.2.1 Heat Shrinkable Tubing
5.2.2 Extruded Tubing
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global PTFE Tubing Products Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 PTFE Tubing Products Market Size Forecast by Applications
6.2.1 Medical
6.2.2 Pharmaceutical
6.2.3 Chemical
6.2.4 Electronics
6.2.5 Automotive
6.2.6 Semiconductor
6.2.7 Food & Beverage
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PTFE Tubing Products Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 PTFE Tubing Products Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America PTFE Tubing Products Analysis and Forecast
9.1 Introduction
9.2 North America PTFE Tubing Products Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America PTFE Tubing Products Market Size Forecast by Type
9.6.1 Heat Shrinkable Tubing
9.6.2 Extruded Tubing
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America PTFE Tubing Products Market Size Forecast by Applications
9.10.1 Medical
9.10.2 Pharmaceutical
9.10.3 Chemical
9.10.4 Electronics
9.10.5 Automotive
9.10.6 Semiconductor
9.10.7 Food & Beverage
9.10.8 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe PTFE Tubing Products Analysis and Forecast
10.1 Introduction
10.2 Europe PTFE Tubing Products Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe PTFE Tubing Products Market Size Forecast by Type
10.6.1 Heat Shrinkable Tubing
10.6.2 Extruded Tubing
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe PTFE Tubing Products Market Size Forecast by Applications
10.10.1 Medical
10.10.2 Pharmaceutical
10.10.3 Chemical
10.10.4 Electronics
10.10.5 Automotive
10.10.6 Semiconductor
10.10.7 Food & Beverage
10.10.8 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific PTFE Tubing Products Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific PTFE Tubing Products Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific PTFE Tubing Products Market Size Forecast by Type
11.6.1 Heat Shrinkable Tubing
11.6.2 Extruded Tubing
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific PTFE Tubing Products Market Size Forecast by Applications
11.10.1 Medical
11.10.2 Pharmaceutical
11.10.3 Chemical
11.10.4 Electronics
11.10.5 Automotive
11.10.6 Semiconductor
11.10.7 Food & Beverage
11.10.8 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America PTFE Tubing Products Analysis and Forecast
12.1 Introduction
12.2 Latin America PTFE Tubing Products Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America PTFE Tubing Products Market Size Forecast by Type
12.6.1 Heat Shrinkable Tubing
12.6.2 Extruded Tubing
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America PTFE Tubing Products Market Size Forecast by Applications
12.10.1 Medical
12.10.2 Pharmaceutical
12.10.3 Chemical
12.10.4 Electronics
12.10.5 Automotive
12.10.6 Semiconductor
12.10.7 Food & Beverage
12.10.8 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) PTFE Tubing Products Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) PTFE Tubing Products Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) PTFE Tubing Products Market Size Forecast by Type
13.6.1 Heat Shrinkable Tubing
13.6.2 Extruded Tubing
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) PTFE Tubing Products Market Size Forecast by Applications
13.10.1 Medical
13.10.2 Pharmaceutical
13.10.3 Chemical
13.10.4 Electronics
13.10.5 Automotive
13.10.6 Semiconductor
13.10.7 Food & Beverage
13.10.8 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 PTFE Tubing Products Market: Competitive Dashboard
14.2 Global PTFE Tubing Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Swagelok
14.3.2 NICHIAS
14.3.3 PARKER
14.3.4 Zeus Industrial Products
14.3.5 Saint-Gobain
14.3.6 Yodogawa
14.3.7 Xtraflex
14.3.8 Habia Teknofluor AB
14.3.9 Tef-Cap Industries
14.3.10 NewAge Industries
14.3.11 Dongguan Saniu
