SHEATH MATERIALS MARKET ANALYSIS

Market Challenges And Opportunities

Numerous uses of sheath materials in electronic industry is fueling the growth of sheath material market, especially in Asia Pacific and Middle East regions. Highly fragmented market is expected to be one of the restraining factors for the growth of sheath material market over the forecast period. Product innovation and expansion in various geographies is a key strategy adopted by the major players in the sheath material market. In 2015 Teleflex Medical OEM expanded the production capacity for Fibers, Bioresorbable Sutures, and Resins. The expansion involves increased production capacity, new customer support center, and added areas for research and development activities.