European Medical Grade Silicone Market Size, Share and Forecast 2021-2027
The European Medical Grade Silicone market is anticipated to grow significantly at a CAGR of 5.7% over the forecast period (2021-2027). The UK, Germany, France, Italy, Spain, and the Rest of Europe are the key economies that contribute to the growth of the European Medical Grade Silicone market over the forecast period. The key aspect that drives the growth of the European Medical Grade Silicone market includes the well-established chemical sector across the region. As per the European Chemical Industry Council (CEFIC), Europe is the second-largest producer of chemicals across the globe. Thus, the rising chemical industry is expected to provide ample opportunities and in turn, enhance the growth of the market in the region.
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Further, the rising prevalence
of CVDs also creates scope for market growth over the forecast period. European
regions including UK, Spain, Germany, France, Italy, Sweden, and other EU
countries have a huge pool of CVD patients that creates scope for the growth of
the market. Due to the massive population of CVD, CHD, stroke, and the rise in
the adoption of drugs as well as substantial implantable devices, the market is
projected to grow considerably during the forecast period across the region.
The region also has a quality healthcare system coupled with cohesive
government policies, that are driving the market in the region. Hence, a
well-established healthcare sector is also likely to considerably support the
market growth.
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·
Market number available for – 2020-2027
·
Base year- 2020
·
Forecast period- 2021-2027
·
Segment Covered- By Form and Application
·
Region Covered- Europe
·
Competitive Landscape- 3M Co., DOW Corning
Corp., Henkel AG & Co. KGaA, Royal DSM NV, Momentive Performance Materials
Inc., Saint-Gobain Performance Plastics, and Wacker Chemie AG among others
European Medical Grade Silicone Market – Segmentation
·
Gels
·
Medical
Adhesives
·
Medical
Coatings
·
Elastomers
By
Application
·
Medical
Devices
·
Medical
Tapes
·
Oral
Care
·
Prosthetics
& Orthopedic
·
Contact
Lenses
·
Others
European
Medical Grade Silicone Market – Countries Covered
·
Europe
·
UK
·
Germany
·
France
·
Italy
·
Spain
Rest of
Europe
Company
Profiles
·
3M Co.
·
Bluestar
Silicones (Elkem Group)
·
DOW
Corning Corp.
·
Henkel
AG & Co. KGaA
·
Momentive
Performance Materials Inc.
·
Royal
DSM NV
·
Trelleborg
AB
·
Wacker
Chemie AG
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