Press release
Medical Plastics Market Is Likely To Witness Growth Exponentially By 2032
Medical Plastics Market
As per the medical plastics market report by The Business Research Company, the advancing medical plastic technology is significantly contributing to the growth of the medical plastics market.
The global medical plastics market size grew from $29.51 billion in 2022 to $31.75 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The medical plastics market size is expected to grow to $44 billion in 2027 at a CAGR of 8.5%.
Read More On The Medical Plastics Market Report Here:
https://www.thebusinessresearchcompany.com/report/medical-plastics-global-market-report
Major competitors in the medical plastics market include 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 medical plastics market is segmented -
• By Type: Polyvinyl Chloride (PVC), Polypropylene (PP), Engineering Plastics, Polyethylene (PE), Polystyrene (PS), Silicones, Other Types
• By Process Technology: Extrusion, Injection Molding, Blow Molding, Other Process Technologies
• By Application: Medical Disposables, Medical Instruments, Prosthetics & Implants, Drugs Packaging, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the medical plastics market in 2022.
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Medical plastics refer to plastic products specifically used in the healthcare industry. Medical plastics are resistant to temperature, corrosion, and chemicals making them the right fit for use in medical applications. Medical plastics are used for manufacturing and packaging applications in medical products.
The Table Of Content For The Medical Plastics Market Include:
1. Executive Summary
2. Medical Plastics Market Characteristics
3. Medical Plastics Market Trends And Strategies
4. Medical Plastics Market - Macro Economic Scenario
5. Medical Plastics Market Size And Growth
6. Medical Plastics Market Segmentation
……
26. Africa Medical Plastics Market
27. Medical Plastics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Medical Plastics Market
29. Medical Plastics Market Future Outlook And Potential Analysis
30. Appendix
The "Global Medical Plastics Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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