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Medical Polymers Market future trends to 2024 key players Bayer AG, Evonik Industries, Celanese, DuPont, Dow Chemical, Eastman Chemical, and Huntsman
Medical Polymers Market
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Medical Polymers Market size is slated to cross USD 24 billion by 2024. Rapidly enhancing pharmaceutical devices demand owing to the prevalence of heart diseases, infections, or general illness and technological advancements in the treatment process will steer the global medical polymers market growth in upcoming years. Increasing health awareness among developed nations will also support the industry throughout the forecast spell.
Pharmaceutical device industry generated over USD 300 billion in 2015, of which U.S. had a major share of around 45%. U.S. recorded over 6,500 pharmaceutical device manufacturers by 2015 and the growing demand in the country as well as export demand in the emerging economies will escalate the market growth in coming years. Growing application of polymers including polysulfone, polyphenylsulfone, polyether-ether-ketone or PEEK, and polyetherimide in pharmaceutical devices will propel the overall medical polymers industry growth.
Medical polymers market will also be driven by the growing home-based private healthcare demand. The ease and affordability of private healthcare systems along with factors including commotions in public facilities, chronic or contagious diseases, and elderly patients will enhance the home-based healthcare industry in the upcoming years. In 2015, the global home-based private healthcare industry generated more than USD 200 billion and it will grow by CAGR over 8% up to 2024.
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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. BASF SE
2. Bayer Material Science AG
3. Celanese Corporation
4. DSM N.V.
5. E. I. du Pont de Nemours Company
6. Eastman Chemical
7. Evonik Industries AG
8. Exxon Mobil Corporation
9. The Dow Chemical Company
10. Huizhou Foryou Medical Device Co. Ltd.
11. Kraton Performance Polymers Inc.
12. Tianjin Plastics Research Institute Co. Ltd.
13. Formosa Plastics Corporation, U.S.A.
14. Shanghai New Shanghua Polymer Material Co., Ltd.
15. Sinopec Beijing Yanshan Company
16. Ningbo Yonghua Resin Co. Ltd.
17. SINOPEC Shanghai Petrochemical Co. Ltd.
18. SABIC Innovative Plastics
19. Lubrizol Corporation
20. Piaoan Group
21. Victrex Plc
22. Huntsman Corporation
23. China Haohua Chemical Group Co.
24. INEOS
25. Jafron Biomedical Co., Ltd.
26. Solvay SA
27. WEIGAO Holding Co. Ltd. (WEGO)
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