UK Medical Plastics market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

UK Medical Plastics market is projected to grow at a modest CAGR of 5.7% during the forecast period. The regional growth of the UK medical plastics industry is mainly attributed to the presence of the major players operating in the market in the region. Besides, the medical devices industry in the country is also well established, which also contributes to the growth of the market. As per export.gov, the UK medical equipment market was valued at around $10.7 billion in 2018. It has a strong foundation of approximately 2,500 mostly small to medium-sized companies around the country, thus, this is also one of the major aspects that drives the growth of the market in the country over the forecast period.

The UK medical plastic market is segmented on the basis of plastic type and applications. Based on the plastic type, the market is segmented as traditional plastics and engineered plastics. The traditional plastics include Polyvinylchloride (PVC), Polyethylene (PE), Polystyrene (PS), Polypropylene (PP), and Silicone. Whereas, the engineered plastics segment includes Nylon, Polycarbonate (PC), Polyoxymethylene (POM), Acrylonitrile butadiene styrene (ABS), Polymethylmethacrylate (PMMA), Polyphenylene Oxide (PPO), and others. Based on the applications, the market is segmented as disposables, diagnostic instruments, catheters and syringes, implants, dental tools, surgical instruments, medical bags, drug delivery devices, and others.

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UK Medical Plastics Market Segmentation

By Plastic Type

· Traditional Plastics

· Polyvinylchloride(PVC)

· Polyethylene (PE)

· Polystyrene (PS)

· Polypropylene (PP)

· Silicone

· Engineered Plastics

· Nylon

· Polycarbonate (PC)

· Polyoxymethylene (POM)

· Acrylonitrile butadiene styrene (ABS)

· Polymethylmethacrylate (PMMA)

· Polyphenylene Oxide (PPO)

· Others

By Application

· Disposables

· Diagnostic Instruments

· Catheters and Syringes

· Implants

· Dental Tools

· Surgical Instruments

· Medical Bags

· Drug Delivery Devices

· Others (Sterilization Trays, Wound Care, Anesthetic and Imaging Equipment &Other Medical Devices)

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Company Profiles

· Arkema S.A.

· BASF SE

· Celanese Corp.

· Covestro AG

· Dow DuPont Inc.

· Eastman Chemical Co.

· Evonik Industries AG

· Exxon Mobil Corp.

· Mitsubishi Chemical Corp.

· Nolato AB

· Röchling SE & Co. KG

· Royal DSM NV

· Saint-Gobain S.A

· Solvay SA

· Trelleborg AB

· Trinseo S.A.

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