Huge Growth in 2020: Medical Plastic Market Revenue Status and Demand- Lubrizol, Ensinger, Celanese, Trinseo, BASF, Arkema, Biomerics, Dsm, Evonik
The global Medical Plastics market is valued at US$ 19410 million in 2020 is expected to reach US$ 24690 million by the end of 2026, growing at a CAGR of 3.5% during 2021-2026.
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The market is characterized by extensive integration through various stages of the value chain. HELM AG is integrated across all four stages in the value chain from raw material production to plastic production and the manufacturing of end-use products used by the hospitals and healthcare institutions including private clinics. PETG is a specialized plastic that provides properties such as superior moisture and oxygen barrier coupled with high degree of transparency thereby driving the product demand for packaging medical device components
The Global Medical Plastic market report chiefly includes following manufacturers-
Lubrizol, Ensinger, Celanese, Trinseo, BASF, Arkema, Biomerics, Dsm, Evonik, Rochling
Segmentation by Type: PVC, PP, Plastics, PE, Silicones
Segmentation by Application: Implants, Disposables, Drug Delivery Devices, Syringes, Diagnostic Instruments
News and Updates:
4 August 2014 Lubrizol acquires medical device firm Vesta: The Lubrizol Corporation has acquired Vesta, a contract manufacturer for the global medical device industry. This acquisition broadens Lubrizol's life science manufacturing capabilities, applications and material portfolio with access to silicone and a variety of other thermoplastics used in medical devices.
25/11/2014 Lubrizol's medical polymer solutions showcased at Muovi Plastics exhibition
June 15, 2018 MedTech Launch aims to bridge gap between medical device development and FDA-ready manufacturing process
Global Medical Plastic Market Competitive Landscape
The competitive landscape of the global Medical Plastic market is broadly studied in the report with large focus on recent developments, future plans of top players, and key growth strategies adopted by them. The analysts authoring the report have profiled almost every major player of the global Medical Plastic market and thrown light on their crucial business aspects such as production, areas of operation, and product portfolio. The report discusses about the growth of the global as well as regional markets. It also brings to light high-growth segments of the global Medical Plastic market and how they will progress in the coming years.
Major Highlights of Medical Plastic Market report:
-Medical Plastic Market Overview
-Market Competition by Manufacturers
-Industrial Chain, Sourcing Strategy and Downstream Buyers
-Marketing Strategy Analysis, Distributors/Traders
-Market Effect Factors Analysis
-Global Medical Plastic Market Forecast (2020-2026)
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Global Medical Plastic Market Scenario-
Each segment of the global Medical Plastic market is extensively evaluated in the research study. The segmental analysis offered in the report pinpoints key opportunities available in the global Medical Plastic market through leading segments. The regional study of the global Medical Plastic market included in the report helps readers to gain a sound understanding of the development of different geographical markets in recent years and also going forth.
The information displayed in the worldwide Medical Plastic market offers maturing openings, which help clients to make key moves and flourish their business. The report features the effect of various elements that may bring about impeding or pushing the Medical Plastic advertise at worldwide just as nearby level. The worldwide Medical Plastic statistical surveying report offers the outline of key players overwhelming the Medical Plastic market including a few perspectives, for example, their money related synopsis, business technique, and latest advancements in these organizations.
All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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