Australia Medical Grade Silicone Rubber Market Size & Outlook
The medical grade silicone rubber market in Australia is expected to reach a projected revenue of US$ 18.1 million by 2030. A compound annual growth rate of 6.5% is expected of Australia medical grade silicone rubber market from 2025 to 2030.
Revenue, 2024 (US$M)
$12.4
Forecast, 2030 (US$M)
$18.1
CAGR, 2025 - 2030
6.5%
Report Coverage
Australia
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Australia medical grade silicone rubber market highlights
- The Australia medical grade silicone rubber market generated a revenue of USD 12.4 million in 2024 and is expected to reach USD 18.1 million by 2030.
- The Australia market is expected to grow at a CAGR of 6.5% from 2025 to 2030.
- In terms of segment, liquid silicone rubber was the largest revenue generating product in 2024.
- High Consistency Rubber is the most lucrative product segment registering the fastest growth during the forecast period.
Medical grade silicone rubber market data book summary
| Market revenue in 2024 | USD 12.4 million |
| Market revenue in 2030 | USD 18.1 million |
| Growth rate | 6.5% (CAGR from 2025 to 2030) |
| Largest segment | Liquid silicone rubber |
| Fastest growing segment | High Consistency Rubber |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Liquid Silicone Rubber, High Consistency Rubber |
Other key industry trends
- In terms of revenue, Australia accounted for 1.7% of the global medical grade silicone rubber market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China medical grade silicone rubber market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 42.8 million by 2030.
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Medical Grade Silicone Rubber Market Scope
Medical grade silicone rubber market segmentation & scope
Others
Medical Grade Silicone Rubber Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Stockwell Elastomerics | View profile | 101-250 | Philadelphia, Pennsylvania, United States, North America | http://stockwell.com |
| KCC | View profile | 1001-5000 | Seocho, Seoul-t'ukpyolsi, South Korea, Asia | https://www.kccworld.co.kr |
| Rogers Corp | View profile | 3300 | 2225 West Chandler Boulevard, Chandler, AZ, United States, 85224-6155 | https://www.rogerscorp.com |
| Trelleborg AB ADR | View profile | 15646 | Johan Kocksgatan 10, P.O. Box 153, Trelleborg, Sweden, SE- 23122 | https://www.trelleborg.com |
| Elkem ASA Ordinary Shares | View profile | 7436 | Drammensveien 169, Oslo, Norway, 0277 | https://www.elkem.com |
| Momentive | View profile | 5001-10000 | Schenectady, New York, United States, North America | https://www.momentive.com/ |
| Shin-Etsu Chemical Co Ltd | View profile | 25717 | 6-1, Ohtemachi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-0004 | http://www.shinetsu.co.jp |
| Wacker Chemie AG | View profile | 16378 | Hanns-Seidel-Platz 4, Munich, BY, Germany, 81737 | https://www.wacker.com |
| Dow Inc | View profile | 35900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | https://www.dow.com |
| Avantor Inc | View profile | 14500 | 100 Matsonford Road, Suite 200, Building One, Radnor Corporate Center, Radnor, PA, United States, 19087 | https://www.avantorsciences.com |
Australia medical grade silicone rubber market size, by product, 2018-2030 (US$M)
Australia Medical Grade Silicone Rubber Market Outlook Share, 2024 & 2030 (US$M)
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