Report forecast the global fluoropolymer market in the
healthcare industry to grow at a CAGR of 7.19% during the period 2016-2020.
Fluoropolymers are fluorocarbon-based polymers formed by
strong bonding between carbon and fluorine, which makes them mechanically
stable. They are high-performance plastics and are characterized by high
resistance to acids, bases, and solvents. Fluoropolymers account for about 20%
of all the fluorochemicals available in the market.
The report covers the present scenario and the growth
prospects of the global fluoropolymer market in the healthcare industry for
2016-2020. To calculate the market size, the report considers the revenue
generated from the fluoropolymer market in the healthcare industry across
regions has been considered for market size calculation.
The market is divided into the following segments based
on geography:
- APAC
- Europe
- North America
- ROW
According to the report, one driver in the market is
replacement of plastics by fluoropolymers. Consumers in the healthcare industry
are increasingly opting for fluoropolymers over plastics in packaging
applications owing to their superior characteristics such as natural inertness
and barrier properties. In recent years, the development of cheap bulk
injection molding processes for the production of complex fluoropolymer
products has further fueled the use of fluoropolymers instead of their
counterparts. In addition, the inability of plastics to meet the stringent
physical and biocompatibility necessities of advanced medical devices and drugs
has prompted the healthcare companies to opt for fluoropolymers for their
future endeavors.
Further, the report states that one challenge in the market
is pricing constraints. One of the crucial consumer-driven factors for
selecting a material in end-user industries of fluoropolymers such as
healthcare is the cost. The cost is one of the most important variables
considered for deciding the feasibility of new products as the cost of the new
material for replacement is always compared with the cost of the currently used
one. The prices of fluoropolymer products have been volatile over the past few
years. The prices of fluoropolymer products depend on many factors. The cost of
a product includes three component, i.e., cost of raw materials, manufacturing
value added to the products and the cost to design, and testing of the product.
The fluctuating cost of raw materials has been the prime reason for the
volatility of polymers.
Global Fluoropolymer Market in the Healthcare Industry
2016-2020, has been prepared based on an in-depth market analysis with
inputs from industry experts. The report covers the market landscape and its
growth prospects over the coming years. The report also includes a discussion
of the key vendors operating in this market.
key players in the global fluoropolymer market in the
healthcare industry: Asahi Glass, Solvay, Honeywell, Daikin Industries,
Chemours, and 3M.
Other Prominent Vendors in the market are: Arkema, Chicago
Gasket, Dongyue Group, Flontech USA, Mexichem, NORELL, Saint-Gobain Performance
Plastics, W. L. Gore & Associates, and Zeus Industrial Products.
Market driver
- Replacement of plastics by fluoropolymers.
- For a full, detailed list, view our report
Market challenge
- Intense competition from low-cost products from China.
- For a full, detailed list, view our report
Market trend
- Increased penetration of low volume polymers.
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 66 pages and 47 Exhibits “Global
Fluoropolymer Market in Healthcare Industry 2016 - 2020” report covers Executive
summary, Scope of the report, Market research methodology, Introduction, Market
landscape, Market segmentation by product type, Market segmentation by
application, Geographical segmentation, Key leading countries, Market drivers,
Impact of drivers, Market challenges, Impact of drivers and challenges, Market
trends, Vendor landscape, Appendix.
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more information Visit at: http://mrr.cm/3rq
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