Global High Purity Tube and Fitting Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global High Purity Tube and Fitting Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

High Purity Tube and Fitting is widely used in various industries that require high purity, high cleanliness and high performance, such as semiconductor industry, pharmaceutical, laboratory engineering, high purity gas industry, etc.

Market Overview:

The latest research study on the global High Purity Tube and Fitting market finds that the global High Purity Tube and Fitting market reached a value of USD 473.43 million in 2022. It’s expected that the market will achieve USD 647.97 million by 2028, exhibiting a CAGR of 5.37% during the forecast period.

High Purity Tube and Fitting meets the needs of the food and beverage industry

On the one hand, High Purity Tube and Fitting ensures good hygienic conditions during the production of food and beverages. Cleanliness is a top concern for the food and beverage industry, and food and beverage manufacturers must follow strict equipment cleaning and sanitizing protocols. Pipes used in food and beverage production facilities must meet strict quality and regulatory requirements to ensure hygienic conditions. In addition to hygienic requirements, the industry often requires corrosion resistance in acidic environments. In the world, food safety has gradually become a major concern of the public, so the food and beverage industry must ensure food and beverage safety from the production process. For example, beverages such as cola, orange juice, coconut juice, etc., need to be strictly controlled during the production of these beverages. The selection of food-grade certified High Purity Tube and Fitting ensures the safety of beverages. In addition, the corresponding High Purity Tube and Fitting need to be used in the processing of sugar, meat, fish and other foods. High Purity Tube and Fitting is able to meet the production needs of the food and beverage industry.
On the other hand, consumers need food-grade high-purity straws when consuming food and beverages. For example, the consumption of milk tea, milk, yogurt and other beverages requires high-purity straws.
At present, the global food and beverage industry market is relatively large, and the demand for High Purity Tube and Fitting in the food and beverage industry drives the development of the High Purity Tube and Fitting industry.

Increased demand for High Purity Tube and Fitting in the pharmaceutical industry

First, in the pharmaceutical industry, good piping technology is an essential condition for the successful operation of any solid dosage system or biologics system unit. All systems are composed of process equipment and piping, which must be able to complete adequate sewage, thorough cleaning, and complete sterilization to meet the production needs of pharmaceutical products. Second, the pharmaceutical industry has very high requirements for ultra-high purity and corrosion resistance. Due to the harsh environment of chemical and part cleaning processes, High Purity Tube and Fitting for pharmaceutical applications must withstand repeated aggressive chemicals and high temperatures.
In the pharmaceutical industry, High Purity Tube and Fitting are used in various pharmaceutical production such as fluid transfer, filling operations and peristaltic pumping. At present, the global pharmaceutical industry is constantly developing. The global population is aging and chronic diseases are on the rise, increasing the demand for corresponding medicines. Furthermore, COVID-19 has put the global pharmaceutical industry in the spotlight, the global pharmaceutical industry is constantly evolving, and the pharmaceutical process has increased the demand for High Purity Tube and Fitting.

The growing semiconductor industry will increase the demand for High Purity Tube and Fitting

Semiconductors need a very clean environment during the manufacturing process, and semiconductors need to deliver ultra-pure gases. High Purity Tube and Fitting meet the production needs of semiconductor products. With the development of society, the market demand for various products such as smartphones and electrical appliances has increased, and the global demand for chips is huge. In recent years, several governments have issued a series of policies to support the development of the semiconductor industry. For example, the US Chip and Science Act, which mentions $52.7 billion in investment in the semiconductor industry to encourage the manufacture of semiconductor chips.
With global technological progress and the industrial application of 5G technology, artificial intelligence, new energy vehicles and other technologies, the global semiconductor market is expected to continue to grow. According to the World Semiconductor Trade Statistics Society (WSTS), the world semiconductor industry will grow by 8.8% in 2022 to reach $601.4 billion. Therefore, the continuous development of the semiconductor industry will further increase the demand for High Purity Tube and Fitting.

Region Overview:

Asia Pacific had the highest growth rate of all regions

Company Overview:

Swagelokis one of the major players operating in the High Purity Tube and Fitting market, holding a share of 10.80% in 2022.

Swagelok Company is a privately held developer and provider of fluid system products, assemblies, training, and services for the oil and gas, chemical and petrochemical, semiconductor, transportation, and power industries.

Parflex is a solution partner for engineered polymer-based hose and tubing for fluid transfer and fluid power companies, developing products that extend the life of their equipment and where possible, increase safety for operators.

Valex is a manufacturer of Ultra High Purity (UHP) electropolished tubes, fittings, pipes, manifolds and valves for the semiconductor and technology industries. Over the years, Valex has developed leading technologies in electropolishing, precision cleaning, welding and the integration of spool assemblies.

Segmentation Overview:

Among different product types, Fitting segment is anticipated to contribute the largest market share in 2027.

Application Overview:

The market's largest segment by application is the segment Semiconductor/Electronics，with a market share of 40.87% in 2021.

Key Companies in the global High Purity Tube and Fitting market covered in Chapter 3:

Swagelok
EGMO (Neumo Ehrenberg)
RathGibson (PCC Energy Group)
Valex
Dockweiler AG
Watts
Saint Gobain
SMC Corporation
Parker
IPolymer
Entegris
AMETEK
King Lai
Sani-Tech West

In Chapter 4 and Chapter 14.2, on the basis of types, the High Purity Tube and Fitting market from 2018 to 2029 is primarily split into:

Tube
Fitting

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the High Purity Tube and Fitting market from 2018 to 2029 covers:

Food & Beverage
Pharmaceutical
Semiconductor/Electronics
Chemical
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)