Medical Elastomers Market, By Type (Thermoplastic Elastomer and Thermoset Elastomer), By Application (Medical Tubes, Catheters, Syringes, Non-woven and Films, Gloves, Medical Bags, Implants, and Other Application), and By Geography (Asia-Pacific, North Am

Medical Elastomers Market, By Type (Thermoplastic Elastomer and Thermoset Elastomer), By Application (Medical Tubes, Catheters, Syringes, Non-woven and Films, Gloves, Medical Bags, Implants, and Other Application), and By Geography (Asia-Pacific, North America, Europe, South America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Elastomer materials offer a variety of physical and performance properties that are especially desirable in medical applications. Medical elastomers find increasing use in medical products, offering durability, design flexibility, biocompatibility, cost ratios, and favorable performance. Medical elastomers are often used in various medical products. Medical elastomers developed to address growing demand for advanced materials, leveraging years of successful application development for the medical industry, & taking advantage of global manufacturing capabilities. Medical elastomers are designed to meet the exacting standards of the healthcare industry.

Market Dynamics:

Increasing demand or increasing use of medical-grade elastomers across the globe and rise in demand for safe and halogen-free polymers is expected to boost growth of the global medical elastomers market over the forecast period. For instance, in October 2021, DuPont inaugurated its new medical elastomers mixers at Healthcare Industries Materials Site (HIMS) in the United States to expand medical-grade elastomer manufacturing capabilities. Moreover, in September 2021, Hexpol TPE planned to invest around US$ 5.6 million to build a new medical production facility in Sweden to meet increasing demand for elastomers and satisfy market requirements.

Key features of the study:

• This report provides in-depth analysis of the global medical elastomers market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022–2028), considering 2021 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global medical elastomers market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include Avient, Rubber Group, Teknor Apex, Solvay, RTP Company, Romar, AVANTOR Inc., Momentive, Kuraray Co. Ltd, Kraton Corporation, DSM, Tekni-Plex, Dow, Celanese Corporation, Biomerics, BASF, Arkema Group, ExxonMobil Corporation, Eastman Chemical Company, Hexpol AB, Foster Corporation, DuPont de Nemours Inc., and Sumitomo Rubber Industries Ltd.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• The global medical elastomers market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global medical elastomers market.

• Global Medical Elastomers Market, By Type:
• Thermoplastic Elastomer
• Thermoset Elastomer
• Global Medical Elastomers Market, By Application:
• Medical Tubes
• Catheters
• Syringes
• Non-woven and Films
• Gloves
• Medical Bags
• Implants
• Other Application
• Global Medical Elastomers Market, By Geography:
• Asia-Pacific
• North America
• Europe
• South America
• Middle East & Africa