Global Fluoropolymer Market in Healthcare Industry 2017-202

MRC Announces the Publication of its Research Report – Global Fluoropolymer Market in Healthcare Industry 2017-2021

MRC recognizes the following companies as the key players in the global fluoropolymer market in healthcare industry: 3M (Dyneon), Ashai Glass, Chemours Company, Daikin industry, and Honeywell International.

Other Prominent Vendors in the market are: Arkema, Chicago Gasket, Dongyue Group, Flontech USA, Mexichem, Saint-Gobain Performance Plastics, Solvay, W.L. Gore & Associates, and Zeus Industrial Products.

Commenting on the report, an analyst from MRC’s team said: “One trend in the market is increased expenditure on R&D activity. Fluoropolymers are being used for novel applications, which is forcing the vendors in the global fluoropolymer market to focus more on developing innovative solutions within the existing range of fluoropolymer products.”

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According to the report, one driver in the market is fluoropolymers are increasingly replacing other plastics. The consumers in the healthcare industry are increasingly opting for fluoropolymers over other 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 fluoropolymers products has further fueled the use of fluoropolymer. Materials used in the healthcare industry must meet the unique performance criteria.

Further, the report states that one challenge in the market is pricing constraints. Cost is one of the crucial factors that govern the customers’ choice of a material in end-use industries of fluoropolymers such as healthcare. The cost of a new material for replacement is always compared with the cost of the currently used one. The prices of fluoropolymers products have been volatile over the past few years. The cost of a product depends on the cost of raw materials, manufacturing value added to the products and the cost of designs, and testing of the products.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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