Global Medical Elastomers Market - Upcoming Trends, Growth Drivers and Challenges – Forecast to -2018-2026
Summary -
A new market
study, titled “Global Medical Elastomers Market
- Upcoming Trends,
Growth Drivers and Challenges – Forecast to -2018-2026" has been featured on WiseGuyReports.
The objective of the
report is to present a comprehensive assessment of the market and contains
thoughtful insights, facts, historical data, industry-validated market data and
projections with a suitable set of assumptions and methodology.
Elastomers are
usually thermosets but may also be thermoplastic. The long polymer chains
cross-link during curing, i.e., vulcanizing. Temperature effects are also present
in the demonstrated elasticity of a polymer. Elastomers that have cooled to a
glassy or crystalline phase will have less mobile chains, and consequentially
less elasticity, than those manipulated at temperatures higher than the glass
transition temperature of the polymer.
Recent trends in the
healthcare industry have paved the way for breakthrough innovations in polymer
technology. Medical device manufacturers increasingly turn to thermoplastic
elastomers for applications that require flexibility or rubber-like elasticity,
and they turn to Teknor Apex to deliver high quality, regulatory-compliant TPEs
with a proven track record.
Based on the type,
the thermoplastic segment of the medical elastomers market is projected to grow
at the highest CAGR between 2017 and 2026. Thermoplastic elastomers are being
viewed as a replacement for PVC in applications where phthalate- or
plasticizer-free materials are desired. Globally, IV therapy producers are
among the first in the medical device industry to transition from PVC to TPE
materials. TPEs also are replacing thermoset rubbers (such as silicone,
polyisoprene, and butyl rubber) used in elastomeric medical applications, such
as septum, stoppers and syringe plungers.
Based on the
application, the medical tubes segment accounted for the largest share of the
medical elastomers market in 2017. The demand for application based elastomers
is increasing for medical tubes, as they do not contain harmful latex, PVC, or
bisphenol A. In addition, they are easy to sterilize, recyclable, and flexible,
and therefore find large application in Types used in the healthcare industry,
such as medical bags, Catheters, and gloves.
The Asia Pacific
region is expected to lead the medical elastomers market during the forecast
period. The growth of the APAC medical elastomers market is attributed to the
region's growing population and increasing healthcare expenditure of various
countries, such as India, Indonesia, and China. Additionally, increased
investments from private and government sectors to improve the healthcare
infrastructure across countries are also expected to create a demand for
medical devices, thereby fueling the growth of the medical elastomers market in
the region.
The report covers a
global and regional level estimation and analysis for the medical elastomers
market. The impact of the different market factors, such as drivers,
restraints, and opportunities, challenges key issues SWOT analysis, and
technology forecasting is also illustrated in the report. The medical elastomers
market report covers an in-depth study of global and regional market and market
attractiveness analysis, wherein the application, type, and regional segments
are benchmarked based on their growth rate, general attractiveness, and market
size.
Scope of Global
Medical Elastomers Market:
Global Medical
Elastomers Market, by Type:
Thermoset
Thermoplastic
Global Medical
Elastomers Market, by Application:
Medical Tubes
Catheters
Syringes
Gloves
Medical Bags
Implants
Global Medical
Elastomers Market, by Region:
North America
Europe
Middle East &
Africa
Asia Pacific
South America
Key Players
Operating In Global Medical Elastomers Market:
BASF SE
Celanese Corporation
Dow DuPont Inc.
Eastman Chemical
Company
Kuraray Co. Ltd.
Mitsubishi Chemical
Corporation
Momentive
Performance Materials Inc.
Polyone Corporation
Royal DSM
RTP Company
Solvay S.A.
Teknor Apex
Trelleborg AB.
Polymax
Suzhou Hongshuo
Koninklijke DSM N.V.
FOR MORE DETAILS : https://www.wiseguyreports.com/reports/3925784-global-medical-elastomers-market-industry-analysis-and-forecast-2018-2026
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