The global medical polymer market size was valued at USD 15.1 billion in 2020. It is expected to grow at an average annual growth rate (CAGR) of 8% from 2021 to 2027. Growing demand for medical polymers in medical device and equipment manufacturing Medical packaging is expected to drive growth. Medical polymers or medical polymers are synthetic materials generally classified as elastomers, fibers and resins.
A full report of Medical Polymers Market available at https://www.orionmarketreports.com/medical-polymers-market/15327/
Medical Polymers Market: Segmentation
By Type:
• Engineering plastics
• High performance plastics (HPP)
• Standard plastics
• Silicone
• Others (TPE, TPU, Biodegradable Polymers, Synthetic Rubber, and Polymer Blends)
By Application:
• Medical disposables
• Prosthetics
• Medical instruments & tools
• Drug delivery
• Others (medical trays, sterilization trays, and lab wares)
Key Players
• Evonik Industries AG
• DSM N.V.
• BASF SE
• Celanese Corporation
• Eastman Chemical
• Exxon Mobil Corporation
• Kraton Performance Polymers Inc.
• Formosa Plastics Corporation
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