$ 28 Billion Medical Plastic Markets, 2020

Dublin, September 24, 2020 (GLOBE NEWSWIRE) – The report “Medical Plastics – A Global Market Review” was added to ResearchAndMarkets.com offer.

The total global medical plastics market is projected to reach $ 28 billion in 2020.

The growth of plastics in medical devices has changed the market as plastic medical devices replace other materials such as glass, ceramics and metals wherever possible.

Plastics are widely used in medical devices such as disposable syringes, intravenous blood bags, optical and dental products, MRIs, heart valves, contact lenses, prostheses, and many other medical products. Medical grade plastics are increasingly used in medical devices because of their high performance, light weight, and lower cost.

During the Covid-19 outbreak, the increased requirements for personal protective equipment (PPE) will increase the consumption of standard plastics such as medical grade polypropylene and polyethylene and fuel market demand. Other known medical grade plastics are medical grade PVC and medical grade HDPE.

Research Findings and Reporting

  • This global Medical Plastics market research report analyzes the market in terms of product types and applications
  • Medical Plastics market size is estimated by product types and applications in all major regions / countries in this report
  • Rapid surge in demand for medical plastics in ventilators amid COVID-19 pandemic
  • Graphite nanoplates on medical plastic products kill 99.99% of bacteria
  • Plastic collimators as a replacement for metal collimators
  • Novel plastic sensor for monitoring neurodegenerative diseases
  • Major business trends with an emphasis on product innovation / development, mergers and acquisitions, joint ventures, and other recent industry developments
  • Important high-profile companies – 30
  • The industry guide contains the contact details of 134 companies

Analysis period, units and growth rates

  • The report reviews, analyzes, and projects the global Medical Plastics Market for the period 2017-2026 in terms of the market value in US Dollars and forecast average annual growth rates (CAGRs) from 2019 to 2026, focusing on the year-on-year growth rate for 2019 and 2020.

Key topics covered:

PART A: GLOBAL MARKET PERSPECTIVE

1 INTRODUCTION
1.1 Product overview
1.1.1 Plastic processes for medical devices
1.1.1.1 Extrusion
1.1.1.2 Blow molding
1.1.1.3 Vacuum forming
1.1.1.4 Extrusion blow molding
1.1.1.5 Injection molding
1.1.1.6 Reaction injection molding
1.1.1.7 Rotational forms
1.1.1.8 Calendar
1.1.1.9 Thermoforming
1.1.1.10 Compression molding
1.1.1.11 Injection presses
1.1.2 Sterilization Techniques
1.1.2.1 Heat sterilization
1.1.2.1.1 Steam sterilization in an autoclave
1.1.2.1.2 Dry heat sterilization
1.1.2.2 Radiation sterilization
1.1.2.2.1 Gamma ray sterilization
1.1.2.2.2 Electron beam sterilization
1.1.2.3 Gaseous sterilization
1.1.2.3.1 Ethylene oxide (ETO) sterilization
1.1.2.3.2 Formaldehyde sterilization
1.1.2.4 Oxidative low temperature sterilization
1.1.2.4.1 Sterilization with vaporized hydrogen peroxide (VHP)
1.1.2.4.2 Hydrogen peroxide plasma sterilization
1.1.3 Selection process for plastic materials for medical devices
1.1.3.1 Physical and mechanical properties
1.1.3.2 Thermal properties
1.1.3.3 Electrical properties
1.1.3.4 Chemical resistance
1.1.3.5 Biocompatibility
1.1.3.6 Sterilization Capability
1.1.3.7 Shelf life and aging
1.1.3.8 Leachables and Extractables
1.1.3.9 Shelf life
1.1.4 Types of plastics used in medical devices
1.1.4.1 Standard plastics
1.1.4.1.1 Polyvinyl chloride (PVC)
1.1.4.1.2 Polyolefins
1.1.4.1.3 Polyethylene (PE)
1.1.4.1.4 Polypropylene (PP)
1.1.4.1.5 Polystyrene (PS)
1.1.4.2 Engineering plastics
1.1.4.2.1 Polyamide (PA)
1.1.4.2.2 Polycarbonate (PC)
1.1.4.2.3 Polyoxymethylene (POM)
1.1.4.2.4 Poly (methyl methacrylate) (PMMA)
1.1.4.2.5 Polyphenylene oxide (PPO)
1.1.4.2.6 Acrylonitrile Butadiene Styrene (ABS)
1.1.4.3 High-performance plastics
1.1.4.3.1 Polyetheretherketone (PEEK)
1.1.4.3.2 Polytetrafluoroethylene (PTFE)
1.1.4.3.3 Polysulfone (PSU)
1.1.4.3.4 Polyphenylene sulfide (PPS)
1.1.4.3.5 Polyphenylsulfone (PPSU)
1.1.4.3.6 Polyethersulfone (PES)
1.1.4.3.7 Fluorinated ethylene propylene FEP
1.1.4.3.8 Liquid crystal polymer (LCP)
1.1.4.4 Silicone
1.1.4.5 Other plastics
1.1.4.5.1 Thermoplastic elastomers (TPE)
1.1.4.5.2 Thermoplastic polyurethane (TPU)
1.1.4.5.3 Polymer mixture
1.1.5 Applications of medical plastics

2. MAIN MARKET TRENDS
2.1 Rapid increase in demand for medical plastics in ventilators amid the COVID-19 pandemic
2.2 Plastics industry, a vital part during the COVID-19 outbreak
2.3 Graphite nanoplates on medical plastic products kill 99.99% of bacteria
2.4 Plastic collimators as a replacement for metal collimators
2.5 Novel plastic sensor for monitoring neurodegenerative diseases

3. MAJOR GLOBAL PLAYERS

  • Arkema SA (France)
  • BASF SE (Germany)
  • Celanese Corporation (USA)
  • Covestro AG (Germany)
  • Dupont De Nemours Inc. (USA)
  • Evonik Industries AG (Germany)
  • Exxon Mobil Corporation (USA)
  • Royal DSM (Netherlands)
  • SABIC (Saudi Arabia)
  • Solvay SA (Belgium)
  • The Lubrizol Corporation (USA)
  • Wacker Chemie AG (Germany)

4. MAIN BUSINESS AND PRODUCT TRENDS

  • The Ensinger Group uses PET-GAG plastic to manufacture face shields
  • PolyOne introduces ECCOH LSFOH polymer types
  • PolyOne expands in North America
  • Rotuba and Eastman agree to manufacture cellulose acetate-based face shields
  • Evonik presents PEEK filament in implant quality for medical purposes
  • PolyOne develops new laser-weldable Bergamid material
  • Celanese Corporation to acquire polymer business from Nouryon
  • ExxonMobil expands polypropylene production capacity
  • Rchling Group supplies thermoplastic materials and components
  • BASF SE and Fabbri Group develop compostable cling film
  • Evonik introduces bio-absorbable polymer
  • DSM establishes high-performance materials plant in North America
  • PolyOne to Showcase Thermoplastic Solutions at MD&M West 2020, California
  • SABIC launches LNP ELCRES CRX polycarbonate (PC) copolymers
  • Trinseo SA introduces polycarbonate (PC) with high lubricity
  • Eastman develops new polymers at MD&M West Expo
  • Tekni-Plex, Inc. Established the Tekni-Plex Medical business
  • Arkema presents polyolefins at K 2019 in Düsseldorf, Germany
  • Trinseo SA and Fernholz develop high quality recycled polystyrene
  • Evonik develops new thermoplastic elastomers based on innovative copolyesters
  • Nexeo and DSM sign distribution agreement
  • SABIC develops NORYL WM330G resin
  • PolyOne introduces reSound OM thermoplastic elastomers (TPE)
  • Solvay establishes two new centers for thermoplastic composites
  • Evonik to acquire Endexo surface modification business from Interface Biologics, Inc
  • Lanxess AG opens new high-performance plastics center in China
  • Solvay establishes new thermoplastic composites plant in California
  • BASF, Solvay and DOMO take over polyamide business
  • RTP acquires Zeotherm TPV line of products from Zeon
  • Wacker presents silicone additives for thermoplastic polyurethanes (TPU)
  • SIBUR and BASF develop polymer solutions
  • Evonik and EAS cooperate on thermoplastic portfolio
  • MCAM takes over APT Corp
  • BASF SE builds new thermoplastic polyurethanes and engineering plastics at the Verbund site in Zhanjiang, China
  • DuPont develops types of polyamide
  • Trinseo SA will present TPEs at the Healthcare Elastomer Conference from May 21-22 in Schaumburg, Illinois, USA
  • Celanese expands in Italy
  • Covestro develops Makrolon Rx2235 polycarbonate
  • The Ensinger Group takes over Moll Engineering GmbH
  • Celanese buys Next Polymers Ltd
  • RTP presents thermoplastic products
  • Evonik signs distribution agreement with CSL
  • Covestro AG increases stake in DCP
  • KOLON BASF establishes polyoxymethylene (POM) center in South Korea
  • Covestro develops polyether carbonate polyols
  • Evonik presents CYROLITE high-performance acrylic-based polymers
  • LANXESS is expanding its thermoplastic composite materials business in Germany
  • QS and Covestro AG develop Makrolon polycarbonate injection in medical quality
  • The Ensinger Group brings polyacetal copolymer (POM-C) onto the market
  • BASF takes over Advanc3D Materials GmbH
  • SABIC introduces new thermoplastic solutions
  • SABIC presents high performance thermoplastic solutions
  • Covestro AG starts producing composite materials
  • SABIC introduces UDMAX thermoplastic composite tape
  • Celanese acquires Omni Plastics LLC
  • PolyOne and ITI cooperate in the marketing of ElectriPlast material
  • PolyOne expands in India
  • COMPTEK medical polymers from PolyOne in North America
  • SABIC begins production of polyacetal

5. GLOBAL MARKET OVERVIEW
5.1 Global Medical Plastics Market Overview by Product Type
5.1.1 Medical Plastic Products Market Overview By Global Region
5.1.1.1 Standard plastics
5.1.1.2 Engineering plastics
5.1.1.3 High-performance plastics
5.1.1.4 Silicone
5.1.1.5 Other medical plastics
5.2 Global Medical Plastics Market Overview By Application
5.2.1 Medical Plastic Applications Market Overview by Global Region
5.2.1.1 Medical disposables
5.2.1.2 Diagnostic devices
5.2.1.3 Drug delivery and delivery devices
5.2.1.4 Surgical devices
5.2.1.5 Other applications

PART B: REGIONAL MARKET PERSPECTIVE

  • Global Medical Plastics Market Overview By Geographic Region

REGIONAL MARKET OVERVIEW

6. NORTH AMERICA
Important market participants

  • Avantor, Inc. (USA)
  • Biomerics LLC (USA)
  • Celanese Corporation (USA)
  • Dupont De Nemours Inc. (USA)
  • Eastman Chemical Company (USA)
  • Exxon Mobil Corporation (USA)
  • GW Plastics, Inc. (USA)
  • Polyone Corporation (USA)
  • RTP company (USA)
  • Tekni-Plex, Inc. (USA)
  • The Lubrizol Corporation (USA)
  • Trinseo SA (United States)

7. EUROPE
Important market participants

  • Arkema SA (France)
  • BASF SE (Germany)
  • Covestro AG (Germany)
  • Ensinger GmbH (Germany)
  • Evonik Industries AG (Germany)
  • Invibio Ltd. (Great Britain)
  • Lanxess AG (Germany)
  • Lyondellbasell Industries Holdings BV (Netherlands)
  • Nolato AB (Sweden)
  • Orthplastics Ltd (UK)
  • Rochling SE & Co., kg. (Germany)
  • Royal DSM (Netherlands)
  • Saint-Gobain Performance Plastics (France)
  • Solvay SA (Belgium)
  • Wacker Chemie AG (Germany)

8. ASIA PACIFIC
Important market participants

  • Kuraray Co., Ltd. (Japan)
  • Mitsubishi Chemical Advanced Materials Japan Ltd. (Japan)

9. SOUTH AMERICA

10. REST OF THE WORLD
10.1 Rest of the World Medical Plastics Market Overview by Product Type
10.2 Rest of the World Medical Plastics Market Overview by Application
10.3 SABIC (SAUDI ARABIA) – A key player in the market

Please visit https://www.researchandmarkets.com/r/4g19rd for more information on this report

Research and Markets also offers custom research services that enable targeted, comprehensive, and tailored research.

Comments are closed.