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Medical Plastics Market Trend, Size, Share, Statics 2023, Growth Drivers, Top Key Players, Application, Regional Growth Drivers, And Forecast, 2019-2027
Medical Plastics Market
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Based on region, Asia-Pacific contributed to the highest market share in terms of revenue in 2019, accounting for nearly half of the global medical plastics market, and will maintain its lead status during the forecast period. Furthermore, the region would portray the fastest CAGR of 6.0% from 2020 to 2027.
Based on application, the disposables segment held the highest market share in 2019 with more than one-fourth of the total market share. At the same time, the surgical instruments segment would manifest the fastest CAGR of 7.30% from 2020 to 2027.
Based on type, the Polyvinyl Chloride (PVC) segment accounted for around one-third of the total market share in 2019, and is estimated to maintain its leadership status by 2027. However, the polypropylene (PP) segment is expected to exhibit the fastest CAGR of 7.6% during the forecast period.
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Major Inclusions-
• Qualitative as well as quantitative assessment of the market on the basis of the detailed categorization involving both the economic and non-economic factors.
• Analysis at country and regional level, which portrays the share of the product or service in different regions.
• Elaborative company profiles section, which provides different pointers such as key executives, business enactment, company overview, product/service portfolio, R&D expenditure, current scenario, and prime strategies of the key market players.
• The forecasted market outlook of the medical plastics market based on recent developments, which incorporate the analysis of drivers, market trends, and growth opportunities.
• The COVID-19 impact on the medical plastics market
• Post-sales support and free customization
COVID-19 impact analysis:
The outbreak of the COVID-19 pandemic left a significant impact on the global economy. The medical plastics market report provides a detailed study of the micro- and macro-economic impacts of the pandemic. Moreover, the analysis depicts the direct impact of COVID-19 on the medical plastics market. It recapitulates the detailed information about the market extent and shares owing to the impact of the outbreak. The report also emphasizes on the supply chain and the sales of the medical plastics market. Last but not the least; the study also exhibits a post-COVID-19 scenario, portraying different measures and initiatives taken by the government bodies across the world.
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Leading Market Players:
• Arkema S.A.
• BASF SE
• Celanese Corporation
• Solvay SA
• Covestro AG
• Sabic
• Evonik Industries AG
• Ensinger
• DSM
• Lubrizol Corporation
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