Updated on 28 May 2012
Mr Chuck Philipp, vice president, Value Plastics
Colorado-based Value Plastics (VP) a Nordson company, designs, develops and manufactures a standard line of plastic tubing connectors. Due to its strong emphasis on cleanroom manufacturing and adherence to strict rules and regulations, the medical device and biopharmaceutical industries represent a large portion of the company's customer base.
With a product line ranging from quick connect, luer, tube-to-tube, threaded, tapered seal, blood pressure, to sanitary, and bondable fittings in thousands of different configurations, the company is continuously looking to expand its presence in the Asia Pacific (APAC) region. It has dealers located in Singapore, Malaysia, India, Japan and has recently assigned new distributors in Australia and New Zealand.
Mr Chuck Philipp, vice president, Value Plastics talks to BioSpectrum about the importance of Asia market for the company. Some excerpts:
How big is the market for the plastic fittings and fluid management products in Asia Pacific?
Mr Philipp: The overall market for plastic fittings in APAC, which includes a variety of different tube connection options, is estimated to be over $100 million. The VP product line, made specifically for low pressure applications, caters to approximately 20 percent of this figure. Given the fact that APAC is estimated to hold 25 percent of the global market share, coupled with the medical device industry's strong anticipated growth within the region, APAC holds a strong value to VP and we look forward to strengthening our local market share.