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Medical Plastics Market Analysis - Industry Specific Opportunities and Trends by 2031
The global Medical Plastics market report by the business research company identifies advancing medical plastic technology is significantly contributing to the growth of the medical plastics market. In the past few years, advancements in medical plastics technology such as injection molding, insert molding, and others along with ideas and new materials have gained popularity in the healthcare sector. Medical plastics are neutral and do not react with the physical or chemical properties of products packed or when they are implanted in the human body. Also, technique such as 3D printing has gained the popularity in the medical plastics technology. As medical plastic technology advances, there will be a significant increase in the production of medical plastics because of the advantages these advancements provide to manufacturers.The global medical plastics market size is expected to grow from $27.30 billion in 2021 to $29.35 billion in 2022 at a compound annual growth rate (CAGR) of 7.48%. The global medical plastic market size is expected to grow to $39.35 billion in 2026 at a CAGR of 7.61%.
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Asia-Pacific was the largest region in the medical plastics market in 2021. The regions covered in the global medical plastic market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major players in the Medical Plastics Market are BASF SE, Celanese Corporation, Solvay, Arkema SA, Eastman Chemical Company, Saint-Gobain Performance Plastics, Dow DuPont, Nolato AB, Mitsubishi Chemical Corporation, Exxon Mobil Corporation, Royal DSM, Spectrum Plastics Group, Emco Industrial Plastics Inc, Arthrex Inc and Danimer Scientific.
The global medical plastics market is segmented -
1) By Type: Polyvinyl Chloride (PVC), Polypropylene (PP), Engineering Plastics, Polyethylene (PE), Polystyrene (PS), Silicones, Others
2) By Process Technology: Extrusion, Injection Molding, Blow Molding, Others (including Rotational Molding and Compression Molding)
3) By Application: Medical Disposables, Medical Instruments, Prosthetics and Implants, Drug Packaging, Others
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The Medical Plastics Market Report Contents Include
1. Executive Summary
2. Medical Plastics Market Characteristics
3. Medical Plastics Market Trends And Strategies
4. Impact Of COVID-19 On Medical Plastics
5. Medical Plastics Market Size And Growth
....
26. Africa Medical Plastics Market
27. Medical Plastics Market Competitive Landscape And Company Profiles
28. Medical Plastics Pipeline Analysis
29. Key Mergers And Acquisitions In The Medical Plastics Market
30. Medical Plastics Market Future Outlook and Potential Analysis
31. Appendix
This report covers the trends and market dynamics of the Medical Plastics market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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