Global Medical Elastomers Market Size & Outlook, 2024-2030
Global medical elastomers market, 2018-2030 (US$M)
Related Markets
Global medical elastomers market highlights
- The global medical elastomers market generated a revenue of USD 4,173.9 million in 2023 and is expected to reach USD 9,659.9 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 13% by 2030.
- In terms of segment, thermoplastic elastomer accounted for a revenue of USD 3,175.8 million in 2023.
- Thermoplastic Elastomer is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 4,173.9 million |
| Market revenue in 2030 | USD 9,659.9 million |
| Growth rate | 13% (CAGR from 2024 to 2030) |
| Largest segment | Thermoplastic elastomer |
| Fastest growing segment | Thermoplastic Elastomer |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Thermoplastic Elastomer, Thermoset Elastomer |
Other key industry trends
- In terms of revenue, the North America accounted for 39.5% of the global medical elastomers market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, China is the fastest growing regional market and is projected to reach USD 745.6 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Medical Elastomers Market Scope
Medical Elastomers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Kraton Performance Polymers | View profile | 501-1000 | Houston, Texas, United States, North America | http://www.kraton.com/ |
| Trelleborg AB Class B | View profile | 15646 | Johan Kocksgatan 10, P.O. Box 153, Trelleborg, Sweden, SE- 23122 | https://www.trelleborg.com |
| Momentive | View profile | 5001-10000 | Schenectady, New York, United States, North America | https://www.momentive.com/ |
| Biomerics | View profile | 1001-5000 | Salt Lake City, Utah, United States, North America | http://biomerics.com |
| Solvay SA | View profile | 9000 | Rue De Ransbeek, 310, Brussels, Belgium, B-1120 | https://www.solvay.com |
| Hexpol AB Class B | View profile | 5084 | Skeppsbron 3, Malmo, Sweden, 211 20 | https://www.hexpol.com |
| L.B. Foster Co Class A | View profile | 1562 | 415 Holiday Drive, Suite 100, Pittsburgh, PA, United States, 15220 | https://www.lbfoster.com |
| Celanese Corp Class A | View profile | 12410 | 222 West Las Colinas Boulevard, Suite 900N, Irving, TX, United States, 75039-5421 | https://www.celanese.com |
| DuPont de Nemours Inc | View profile | 24000 | 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 | https://www.dupont.com |
| Teknor Apex | View profile | 1001-5000 | Pawtucket, Rhode Island, United States, North America | http://www.teknorapex.com/ |
| Avient Corp | View profile | 9300 | 33587 Walker Road, Avon Lake, OH, United States, 44012 | https://www.avient.com |
| Kuraray Co Ltd | View profile | 13161 | Ote Center Building,1-1-3, Otemachi, Chiyoda-ku, Tokyo, Japan, 100-8115 | http://www.kuraray.co.jp |
| Dow Inc | View profile | 35900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | https://www.dow.com |
| DSM Firmenich AG | View profile | 30000 | Wurmisweg 576, Kaiseraugst, Switzerland, 4303 | https://www.dsm-firmenich.com/corporate/home.html |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
Global medical elastomers market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical elastomers market will help companies and investors design strategic landscapes.
Thermoplastic elastomer was the largest segment with a revenue share of 76.09% in 2023. Horizon Databook has segmented the Global medical elastomers market based on thermoplastic elastomer, thermoset elastomer covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Medical Elastomers Type Outlook (Revenue, USD Million, 2018-2030)
- Thermoset Elastomer
- Thermoplastic Elastomer
- Global Medical Elastomers Application Outlook (Revenue, USD Million, 2018-2030)
- Medical Tubes
- Medical Bags
- Gloves
- Catheters
- Syringes
- Implants
- Others
Reasons to subscribe to Global medical elastomers market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global medical elastomers market databook
-
Our clientele includes a mix of medical elastomers market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global medical elastomers market , including forecasts for subscribers. This global databook contains high-level insights into Global medical elastomers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global medical elastomers market size, by regions, 2018-2030 (US$M)
Top 10 countries: Medical elastomers market size, 2023 (US$M)
Global medical elastomers market share, by application, 2023 & 2030 (%, US$M)
Medical elastomers market: Opportunity assessment by country
Global medical elastomers market, by region, 2023 (US$M)
Related industry reports
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
