Global Platinum Silicone Tubing & Hose Market - Segment Analysis, Opportunity Assessment, Competitive Intelligence and Industry Outlook, 2016-2026


Posted January 2, 2020 by ganpan

Platinum Silicone Tubing & Hose Global Market 2020 - Segment Analysis, Opportunity Assessment, Competitive Intelligence and Industry Outlook, 2016-2026

 
In terms of value, the global platinum silicone tubing & hose market was valued at US$ 3,230.8 Mn in 2018 and is expected to reach approximately US$ 6,211.4 Mn by 2026 at a CAGR of approximately 8.5%.

In terms of value, the global platinum silicone tubing & hose market was valued at US$ 3,230.8 Mn in 2018 and it is expected to reach US$ 6,211.4 Mn by 2026 at a CAGR of 8.5%. Platinum-cured silicone tubing is an exceptional choice for the purpose of fluid transfer in pharmaceutical and biotechnology applications. It provides advantages such as resistance to high temperatures and less potential leachability.

–Download Exclusive Sample of this Premium Report with Tables and Figures_ https://www.alltheresearch.com/sample-request/129

The main factors which are accentuating the growth of the global platinum silicone tubing & hose market are increasing adoption of minimally invasive medical procedures and the rising demand for medical tubing devices. However, a steady demand for peroxide-cured silicone tubing is expected to impede the growth of the platinum silicone tubing & hose market. But, factors like innovation and customization of polymers and tubing structures, and the rising adoption of polymer materials rather than metals, will be generating opportunities for the market in the future.

Based on the type, the platinum silicone tubing & hose market is segmented into general purpose, high pressure, medical grade, and food grade. Among these, the medical grade type holds the highest share in the market owing to the properties of platinum silicone tubes such as resistance to oxidation and radiation, the ability to survive in repeated sterilizations, and the ability to repel bacterial growth.

– For Other Requirement_ https://www.alltheresearch.com/customization/129

On the basis of the end-user, the medical segment holds the highest share in the platinum silicone tubing & hose market, owing to properties which help in resisting UV, ozone, gases, moisture, and extreme temperatures.

Geographically, North America is dominating the platinum silicone tubing & hose market, with a market share of 32.4% during the forecast period. The medical and the food & beverage industry in this region are key markets for platinum-cured silicone tubes, owing to the benefits offered by these tubes and their wide range of applicability. Asia-Pacific is the fastest growing region in the platinum silicone tubing & hose market, owing to the rising demand for platinum-cured silicone tubing in the medical and biotechnology sector.
Geographies Covered:
North America
US
Canada
Mexico
Rest of North America
Europe
UK
Germany
France
Italy
Rest of Europe
Asia Pacific
China
Japan
India
Southeast Asia
Rest of APAC
Rest of the World
Latin America
Middle East & Africa
Key Players of the Platinum Silicone Tubing & Hose market are
NewAge Industries Inc. (US)
Dow Corning Corporation (US)
TBL Performance Plastics (US)
Cole-Parmer Instrument Company, LLC (US)
Tubes International (Poland)
Trelleborg AB (Sweden)
Parker-Hannifin Corp. (US)
Continue.....

– More Clear Details Make Enquiry_ https://www.alltheresearch.com/speak-to-analyst/129

About AlltheResearch
AllTheResearch was formed with the aim of making market research a significant tool for managing breakthroughs in the industry. As a leading market research provider, the firm empowers its global clients with business-critical research solutions. The outcome of our study of numerous companies that rely on market research and consulting data for their decision-making made us realize, that it’s not just sheer data-points, but the right analysis that creates a difference.

For all your Research needs, reach out to us at:
39180 Liberty Street Suite 110, Fremont, CA 94538, USA
Email: [email protected]
US: 1-888-691-6870
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Research
Country United States
Categories Education , Finance , Free
Tags platinum silicone tubing hose
Last Updated January 2, 2020