Medical Grade Silicone Market Expected to Achieve 9.4% CAGR by 2021


Posted August 4, 2016 by Priyasharma

Medical Grade Silicone Market is projected to reach USD 7.23 billion by 2021 at a CAGR of 9.4%, between 2016 and 2021. Get Sample Copy at http://goo.gl/sJpA84

 
The demand for medical grade silicone is high as they have excellent conductivity, tensile strength, long life span, and thermal stability. The growing demand from the Asia-Pacific region and the increasing application sectors such as implants, dental tools, drug delivery devices, prosthetics, syringes, and disposable medical devices fuel the demand growth of medical grade silicone in the global medical grade silicone market.

Complete report on Medical Grade Silicone Market spread across 180 pages, profiling 10 companies and supported with 88 tables and 48 figures is now available at http://www.rnrmarketresearch.com/medical-grade-silicone-market-by-product-form-gels-soft-skin-adhesives-pressure-sensitive-adhesives-coatings-liquid-silicone-application-prosthetics-implants-orthopedic-devices-tubes-catheters-tapes-w-st-to-2021-market-report.html .

With the growing demand for disposable devices, the demand for liquid silicone rubber (LSR) has also increased. Plastic injection molding companies have drifted into the LSR field to increase their hold and to cater the needs of the healthcare sector. Liquid silicone rubber (LSR) is pure platinum-cure silicone that has properties such as biocompatibility, clearness, chemical & bacterial resistance, and resistance to high temperatures. LSR is being used in the manufacture of medical equipment parts that involve high accuracy such as sealing membranes, electric connectors, seals, infant care products such as bottle nipples, and multiple medical applications.

Receive your sample copy of Medical Grade Silicone Market Research Report at http://goo.gl/sJpA84 .

Asia-Pacific is estimated to be the fastest-growing market of medical grade silicone. The region is projected to be growing at a high rate in the medical silicone market due to the increasing application market, such as prefilled syringes, prosthetics, surgical implants, catheters, medical tapes, APIs, DDS, and others. The rapidly growing demand in end-use applications, competitive manufacturing costs, and high economic growth rate are the favorable forces for the growth of the medical grade silicone market in the region. These factors are attracting companies to adopt expansion and R&D strategies in the Asia-Pacific region. Market players are constantly focusing on this region in order to gain market share and increase their profitability.

This study has been validated through primary interviews with various industry experts globally. The break-up profile of primary discussion participants is given here Tier 1 (46%); Tier 2 (31%) and other (23%) companies were contacted for interviews. The interviews were conducted with various key people such as C level (54%), Director Level (31%) and other (15%) from various key organizations. The primary interviews were conducted worldwide covering regions such as North America (23%), Europe (31%), Asia-Pacific (38%), and Row (8%).

The report also provides company profiles and details the competitive strategies adopted by major market players such as Dow Corning (U.S.), Wacker Chemie AG (Germany), Shin-Etsu Chemical Co., Ltd. (Japan), Momentive (U.S.), Bluestar Silicones (France), and 3M Company (U.S.).

Ask for a discount before order a copy of Medical Grade Silicone Market by Product Form (Gels, Soft Skin Adhesives, Pressure Sensitive Adhesives, Coatings, Liquid Silicone), Application (Prosthetics, Implants, Orthopedic, Devices, Tubes, Catheters, Tapes, Wound Care), and by Region — Global Trends & Forecast to 2021 at http://www.rnrmarketresearch.com/contacts/discount?rname=653327 .

The report offers market estimations and projections till 2021 and offers a complete study of the market dynamics. In addition, the report provides the competitive landscape with major growth strategies adopted by the key players.

On a related note, another research titled with Silicone Coating Market by Type (Additives, Polymers, 100% Silicone, Water Repellents Silicone, and Others), by Technology, by Application (Construction, Automotive, Consumer Goods, Marine, Industrial, Paper & Film Release, and Others) — Global Forecast to 2021. The global silicone coatings market size is estimated to reach USD 6.60 billion by 2021, registering a CAGR of 6.90% between 2016 and 2021. Now available at http://www.rnrmarketresearch.com/silicone-coatings-market-by-type-additives-polymers-100-silicone-water-repellents-silicone-by-end-user-industry-construction-automotive-consumer-electronics-plastic-processing-manufacturin-market-report.html .

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Issued By Priya
Country India
Categories Business , Marketing , Reports
Last Updated August 4, 2016