Global Medical Grade Silicone Market Size, Share, Analysis, Industry Report and Forecast 2021-2027
The global Medical Grade Silicone market is anticipated to grow significantly at a CAGR of 6.0% over the forecast period (2021-2027). The key aspect that drives the growth of the global Medical Grade Silicone market is the wide range of properties possessed by the medical grade silicone. These silicones exhibit both bio-durability as well as biocompatibility that contributes towards the hydrophobicity, chemical resistance among other unique properties of medical grade silicone. Hence, these silicones possessing such properties are likely to find huge applications in the medical sector. Thus, silicones are used for the manufacturing of medical devices, medical tapes, oral care, prosthetics & orthopedic, contact lenses, and other products. This is likely to contribute to the growth of the market over the forecast period.
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Besides, the presence of the key players continuously innovating novel
technologies also enhances market growth. Players such as 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
substantially contribute to the market growth. For instance, Dow Corning Corp.
provides the strongest silicone soft skin adhesive, named, Dow Corning MG
7-1010 Soft Skin Adhesive, for wearable medical devices. The novel Dow Corning
MG 7-1010 Soft Skin Adhesive offered by the company is a strong, durable adhesive
that is suitable for sensitive skin. Hence, this is likely to promote the
product portfolio of the medical grade silicone products and in turn, will
enhance the growth of the market over the forecast period.
·
Market
number available for – 2020-2027
·
Base
year- 2020
·
Forecast
period- 2021-2027
·
Segment
Covered- By Form and Application
·
Regions
Covered- North America, Europe, Asia-Pacific, Rest of the World
·
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
A
full Report of Global Medical Grade Silicone Market is Available
at: https://www.omrglobal.com/industry-reports/medical-grade-silicone-market
Key questions
addressed by the report
·
What is
the market growth rate?
·
Which
segment/region dominates the market in base year?
·
Which
segment/region will project fastest growth in the market?
·
How
COVID-19 impacted the market?
Ø
Recovery
Timeline
Ø
Deviation
from pre-COVID forecast
Ø
Most
affected region/segment
·
Who is
the leader in the market?
·
How
players are addressing challenges to sustain growth?
·
Where
is the investment opportunity?
Global
Medical Grade Silicone Market – Segmentation
By Form
·
Gels
·
Medical
Adhesives
·
Medical
Coatings
·
Elastomers
By
Application
·
Medical
Devices
·
Medical
Tapes
·
Oral
Care
·
Prosthetics
& Orthopedic
·
Contact
Lenses
·
Others
Global
Medical Grade Silicone Market – Segmentation by Region
North America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of The World
Company
Profiles
·
Bluestar
Silicones (Elkem Group)
·
Finesse
Medical Ltd.
·
Kibaru
Manufacturing Sdn Bhd
·
Momentive
Performance Materials Inc.
·
Nusil
Technology LLC
·
Primasil
Silicones Ltd.
·
Saint-Gobain
Performance Plastics
·
Shenzhen
Kanglibang Science and Technology Co., Ltd.
·
Shin-Etsu
Chemical Co. Ltd.
·
Simtec
Silicone Parts
·
Specialty
Silicone Fabricators, Inc.
·
Stockwell
Elastomeric Inc.
·
Trelleborg
AB
·
Vesta
Inc.
·
Wacker
Chemie AG
·
Wynca
Group
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