DUBLIN--(BUSINESS WIRE)--The "Medical Grade Silicone Market - Global Forecast to 2022" report has been added to Research and Markets' offering.
The market size of medical grade silicone is expected to reach USD 1.60 billion by 2022, at a CAGR of 6.1% between 2017 and 2022.
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 Asia Pacific 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. Increasing raw material prices is a major restraint for the growth of the medical grade silicone market.
With the growing demand for disposable devices, the demand for Liquid Silicone Rubber (LSR) has also increased. Plastic injection molding companies have shifted to the LSR field to increase their hold and cater the needs of the healthcare sector. Liquid silicone rubber is pure platinum-cure silicone that has properties such as biocompatibility, clearness, chemical & bacterial resistance, and resistance to high temperatures. It is being used to manufacture 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.
- 3M Company
- Albright Technologies
- Bluestar Silicones (Elkem Group)
- DOW Corning Corporation
- FMI LLC
- Finesse Medical Ltd.
- Henkel AG & Co.
- Kibaru Manufacturing Sdn Bhd
- Momentive Performance Materials Inc.
- Nusil Technology LLC
- Polymer Science, Inc.
- Primasil Silicones Limited
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Medical Grade Silicone Market, By Form
7 Medical Grade Silicone Market, By Application
8 Medical Grade Silicone, By Region
9 Competitive Landscape
10 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/bzchlx/medical_grade