Medical Polymers Market, by Product (Fibers and resin, (PVC, PP, PE, PS, and Others (engineering thermoplastics such as nylon, PET, PA,PC, ABS)) , Medical Elastomers (Styrenic Block Copolymer, Rubber latex (NR + Butyl Rubber + Silicone rubber), Others (TPU,TPO,TPV)), Biodegradable plastics), by Application (Medical devices and equipment’s, Medical packaging, and Others (cardio, tissue culture)) and by Region (North America, Latin America, Europe, Asia-Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Medical polymers is the term used for the building blocks of most medical devices today. These polymers include a large range of functional components such as elastomeric fibers, polyethylene glycol, plastics, rubber micro particles, polyethylene Teflon, rubber powder, resins, thermoform, silicone, nylon, cement, and rubber composites. Medical polymers are generally classified into synthetic resins, synthetic fibers, and elastomeric fibers. Medical polymers can be used as fillers and additives in a variety of medical plastics, packaging, and devices. They are also used in the manufacturing of surgical gloves and other medical accessories. Some of the most common Medical Polymers include neoprene, polystyrene, polyurethane, polyisocyanurate, polycarbonate, acrylate, polyethylene terephthalate (PET), and polycarbonate plastic.
Market Dynamics
The growing prevalence of chronic disease and increasing investment in healthcare are driving growth of the medical polymer market. Increasing use of advanced medical technologies such as 3D printed implants and customized devices are again fostering growth of the market. Moreover, continuous launch of the innovative product by key players is will further favor the growth of the market. For instance, in February 2021, Clariant announced the launch of a medical polymer compound resistant to hydrolytic degradation caused by exposure to high humidity and temperature.
On the other hand, strict rules & regulation regarding usage of polymer is hampering growth of the market.
Key features of the study:
This report provides in-depth analysis of the medical polymers 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 polymers market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include BASF SE, Bayer MaterialScience AG, Celanese Corporation, DSM N.V., E. I. du Pont de Nemours Company, Eastman Chemical Company, ExxonMobil Corporation, Evonik Industries AG, and The Dow Chemical Company
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 polymers 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 polymers market
Detailed Segmentation:
Global Medical polymers Market, By Product Type:
Fibers and resin
PVC
PP
PE
PS
Others (engineering thermoplastics such as nylon, PET, PA,PC, ABS)
Medical Elastomers
Styrenic Block Copolymer
Rubber latex (NR + Butyl Rubber + Silicone rubber)
Others (TPU,TPO,TPV)
Biodegradable plastic
Global Medical polymers Market, By Applications
Medical devices and equipment’s
Medical packaging
Others (cardio, tissue culture)
Global Medical polymers Market, By Region:
North America
By Product Type:
Fibers and resin
PVC
PP
PE
PS
Others (engineering thermoplastics such as nylon, PET, PA,PC, ABS)
Medical Elastomers
Styrenic Block Copolymer
Rubber latex (NR + Butyl Rubber + Silicone rubber)
Others (TPU,TPO,TPV)
Biodegradable plastic
By Applications:
Medical devices and equipment’s
Medical packaging
Others (cardio, tissue culture)
Latin America
By Product Type:
Fibers and resin
PVC
PP
PE
PS
Others (engineering thermoplastics such as nylon, PET, PA,PC, ABS)
Medical Elastomers
Styrenic Block Copolymer
Rubber latex (NR + Butyl Rubber + Silicone rubber)
Others (TPU,TPO,TPV)
Biodegradable plastic
By Applications:
Medical devices and equipment’s
Medical packaging
Others (cardio, tissue culture)
Europe
By Product Type:
Fibers and resin
PVC
PP
PE
PS
Others (engineering thermoplastics such as nylon, PET, PA,PC, ABS)
Medical Elastomers
Styrenic Block Copolymer
Rubber latex (NR + Butyl Rubber + Silicone rubber)
Others (TPU,TPO,TPV)
Biodegradable plastic
By Applications:
Medical devices and equipment’s
Medical packaging
Others (cardio, tissue culture)
Asia-Pacific
By Product Type:
Fibers and resin
PVC
PP
PE
PS
Others (engineering thermoplastics such as nylon, PET, PA,PC, ABS)
Medical Elastomers
Styrenic Block Copolymer
Rubber latex (NR + Butyl Rubber + Silicone rubber)
Others (TPU,TPO,TPV)
Biodegradable plastic
By Applications:
Medical devices and equipment’s
Medical packaging
Others (cardio, tissue culture)
Middle East & Africa
By Product Type:
Fibers and resin
PVC
PP
PE
PS
Others (engineering thermoplastics such as nylon, PET, PA,PC, ABS)
Medical Elastomers
Styrenic Block Copolymer
Rubber latex (NR + Butyl Rubber + Silicone rubber)
Others (TPU,TPO,TPV)
Biodegradable plastic
By Applications:
Medical devices and equipment’s
Medical packaging
Others (cardio, tissue culture)
Company Profiles
BASF SE*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Bayer MaterialScience AG
Celanese Corporation
DSM N.V.
E. I. du Pont de Nemours Company
Eastman Chemical Company
ExxonMobil Corporation
Evonik Industries AG
The Dow Chemical Company
“*” marked represents similar segmentation in other categories in the respective.
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