Silicone Tubes Market: Global Industry Analysis and Forecast (2024-2030)

Silicone Tubes Market was valued nearly US$ 20.39 Bn. in 2023. Silicone Tubes Market size is estimated to grow at a CAGR of 6.89% & is expected to reach at US$ 32.51 Bn. by 2030
Silicone Tubes Market Overview:
The study examines the influence of the COVID 19 pandemic on the global silicone tubes market by region & key companies' revenue until July 2021, as well as the market's predicted short- and long-term effects.Silicon is a chemical element which has a blue-grey metallic sheen and is crystalline solid. Because of its high-performance qualities, it is used in a variety of industries. Furthermore, it is produced through two significant chemical processes, the primary component being methyl chloride, and the secondary component being silicon. The next step is to react with them and eliminate chlorine atoms with the help of water. This results in a polymer that is resistant to both high and low temperatures.To know about the Research Methodology :- Request Free Sample Report

These characteristics make silicon suitable for application in the medical and health-care industries. Silicon also has various qualities, including moisture resistance, UV radiation resistance, cold resistance, and flexibility. Silicon tubes are frequently employed in the sector of high purity processing. It's one of the most commonly utilised materials. Because of its resilience to tearing and kinking, as well as its flexibility, it has been used in a variety of applications, including peristaltic pumps. Silicon tubes are capable of withstanding temperatures of up to 200 degrees Celsius.
Silicone Tubes Market Dynamics:
The expanding demand and applications have seen rapid expansion, which is expected to continue in the next years. Growing end-user awareness and increasing applications, such as in a variety of pump and transfer applications such as food & drinks, laboratory, pharmaceutical, and bioprocess production, have increased demand for Silicone Tubes. Silicon tubes come in a variety of sizes and wall thicknesses. Traditional medical surgery is becoming more popular as a result of its several advantages, including shorter length, lower cost, and faster recovery time. Furthermore, the activation process in disorders including arthritis, cardiovascular disease, and cancer is intricate. Because of its features and use for medical tubing and catheters, this has a considerable impact on the demand for silicon tubes and polymerized plastic.

The process of creating therapeutic tubing necessitates a significant expenditure of time and money. The uncertainty surrounding regulatory approvals has a detrimental impact on the expanded manufacturing process, resulting in a drop in technology expenditure for medical product development. To avoid technological and bio - compatibility issues, which take a long time & money to resolve, therefore restricting the market.

Chemical & moisture resistance are two of the most important characteristics of Silicone tubes as composite materials, which are expected to drive market expansion throughout the forecast period. Over the forecast period, the growing need for environmentally friendly anticipated to drive up demand for Silicone tubes. The electrical & electronic industry is forecast to grow dramatically during the next 5 years. The silicon tube industry offers tremendous potential to the world's fastest-growing economies, like the BRICS countries. Due to shifts in consumer expectations & improved knowledge of premium quality assurance goods, the automation & infrastructure business in developing nations is witnessing tremendous expansion, which has had a positive impact on the worldwide silicon market.

Increased life expectancy is leading to an increase in the global geriatric population. According to the World Health Organization (WHO), the proportion of people over 60 in the worldwide population will nearly double from 12 % in the year 2021 to 22% by the end of 2050. According to the United Nations' World Population Ageing 2021 report, the world's population of individuals aged 60 & more reached 962 Mn in the year 2021, with the figure predicted to rise to 2.1 billion by 2050. Furthermore, according to the US Census Bureau, the number of persons aged 65 and up in the U.S is expected to increase from 46 Mn in the year 2021 to more than 98 Mn by the end of 2060, increasing their population share from 15% to 24%.

According to the United Nations' World Population Ageing 2021 report, Europe had the largest % of individuals over 60 years old in the year 2021, at 25%. Except for Africa, by 2050, 25% or more of the population in all parts of the world would be 60 or older. By 2030, 2050, & 2100, the global geriatric population is expected to reach US$ 1.4 Bn, US$ 2.1 Bn, and US$ 3.1 Bn, respectively.

The increase in the senior population has led to an increase in geriatric illnesses, resulting in a higher demand for diagnostic and medicine delivery systems. It's also leading to an increase in the number of urological problems that necessitate catheterization. Self-catheterization is also being encouraged by medical professionals in order to reduce the cost and duration of hospitalization as well as the risk of healthcare-associated infections (HAI). Aging is also a major factor contributing to the rise in the incidence of chronic diseases, which may necessitate ICU hospitalization for interventions. Therefore, as the geriatric population grows, so does the demand for medical devices that include tubing, drug delivery, dialysis and cardiac bypass, peristaltic pumps, and sterile filling and dispensing systems, boosting the adoption of biopharmaceutical tubing systems.

The global biopharmaceutical tubing market is divided into three types: plastic, metal, and silicone. The silicone sector had the largest market share in 2021. Furthermore, the silicone segment is predicted to increase at the fastest rate between 2021 and 2028. Silicone's biocompatibility makes it compatible with human tissues and body fluids, which has increased its use in medical tubing. A silicone tube has biocompatibility, exceptional resistance to high temperatures and chemicals, mechanical strength, and electric characteristics. During the projected period, this aspect is likely to enhance demand for biopharmaceutical tubing all over the world.

The impact of the COVID-19 pandemic on the biopharmaceutical tubing market is mixed. COVID-19 infection is rising among patients with pre-existing medical disorders such asthma and diabetes, which has an impact on market growth. Drug delivery approaches & equipment like nasogastric tubes, nebulizers, and spacer devices are in high demand. As a result, during the forecast period, these forces are influencing demand for pharmaceutical tubing. Many nations, on the other hand, have amended medical device rules as a result of supply chain obstructions, which have a negative impact on the biopharmaceutical tubing market.

W. L. Gore & Associates, Inc., SaintoGobain Sekurit, Freudenberg Group, RAUMEDIC AG, TEKNI-PLEX, NewAge Industries, Inc., Optinova, Zeus Industrial Products, Inc., NORDSON CORPORATION; and DuPont de Nemours, Inc. are a few of the main companies in the biopharmaceutical tubing industry. To maintain their position in the biopharmaceutical tubing market, major players are offering new and novel products and services. DuPont, for example, unveiled DuPont Liveo, a new brand name for its vast range of silicone healthcare products, in September 2021. Pharma tubing and over molded assemblies for single-use systems, such as biopharma processing, transdermal & topical drug delivery systems, and medical adhesives, are among the products available under the Liveo brand.
Silicone Tubes Market Regional Insights:
The global Silicone tubes market is divided into several regions: North America, Europe, Asia Pacific, the Middle East and Africa, and South America. In the year 2021, APAC is the most dominant region, with a market share of 5.49 %. Due to expanding health awareness, government policies and plans to provide high-quality health care facilities, and a growing ageing population, the APAC region is expected to endure to lead the silicone tubes market throughout the forecast period.

In North America, the silicone tubes market is expected to grow at a rapid pace. The wide applicability and intrinsic benefits of silicone tubes in the medical and food industries, as well as an increase in important silicone tube customers in this region, have had a beneficial impact on the silicon tube market. Electronic device makers such as Intel Bras, LG, Dell, Lenovo, Foxconn, Flextronics, & Multilaser are likely to create new opportunities for silicone manufacturers in the Asia Pacific region in the near years, followed by North America.

The objective of the report is to present a comprehensive analysis of the Silicone Tubes Market to the stakeholders in the industry. The past and current status of the industry with the forecasted Market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include Market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the Market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Silicone Tubes Market dynamics, structure by analyzing the Market segments and project the Silicone Tubes Market size. Clear representation of competitive analysis of key players by Operation, price, financial position, Operation portfolio, growth strategies, and regional presence in the Silicone Tubes Market make the report investor’s guide.
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Silicone Tubes Market


Base Year
2023
Forecast Period
2024-2030


Historical Data
CAGR
Market Size in 2023
Market Size in 2030


2018 to 2023
6.89%
US$ 20.39 Bn
US$ 32.51 Bn


Segments Covered


by Type
Insulated intravenous tubing
Food
High-pressure tubes
General–purpose tubes
by Application
Automotive
Electronics
Medical
Food
Biotechnology
Chemical


Regions Covered


North America
United States
Canada
Mexico
Europe
UK
France
Germany
Italy
Spain
Sweden
Austria
Rest of Europe
Asia Pacific
China
S Korea
Japan
India
Australia
Indonesia
Malaysia
Vietnam
Taiwan
Bangladesh
Pakistan
Rest of APAC
Middle East and Africa
South Africa
GCC
Egypt
Nigeria
Rest of ME&A
South America
Brazil
Argentina
Rest of South America



Silicone Tubes Market Key Players:
• DowDuPont, Wacker Chemie AG
• Shin-Etsu Chemical Co., Ltd.
• Silchem
• Shenzhen Woer Heat - Shrinkable Material Co., Ltd.
• NewAge Industries, Inc.
• CSL Silicones Inc.
• Detaseal India
• IZOLAT LTD
• Front of the House
• 3M
• Shenzhen Sunbow Insulation Material MFG. CO.LTD
• Tekni-Plex
• USASealing
• Freudenberg MedicalSmiths Medical

FAQ’S:

1) What is the share of the Global Silicone Tubes Market in 2023?
Answer: The Global Silicone Tubes Market was accounted for 20.39 Bn in the year 2023.

2) Which Type segment is dominating the Global Silicone Tubes Market?
Answer: Food segment is the dominating Type segment in the market.

3) What are the key players in the Global Silicone Tubes Market?
Answer: DowDuPont, Wacker Chemie AG, Shin-Etsu Chemical Co., Ltd., Silchem
Shenzhen Woer Heat - Shrinkable Material Co., Ltd., NewAge Industries, Inc., CSL Silicones Inc., Detaseal India, IZOLAT LTD, Front of the House, 3M, Shenzhen Sunbow Insulation Material MFG. CO.LTD, Tekni-Plex, USASealing. Freudenberg MedicalSmiths Medical.

4) Which factor acts as the driving factor for the growth of the Silicone Tubes Market?
Answer: The major factors for the growth of the Global Silicone Tubes market includes the Increase in life expectancy is leading to rise in geriatric population in the world.