Global Medical Grade Silicone Market is Projected to Register a Healthy CAGR

Posted by nileshdbmr on December 30th, 2019

Global medical grade silicone market is projected to register a healthy CAGR of 6.0% in the forecast period of 2018 to 2025.

Competitive Analysis: Global Medical Grade Silicone Market

Some of the major players operating in this market are Dow Corning Corporation, Wacker Chemie Ag, 3M, Shin-Etsu Chemical Co. Ltd, Nusil Technology Llc, Momentive Performance Materials Inc., Specialty Silicone Fabricators, Inc, Zodiac Coating, Wynca Group, Primasil Silicones Limited, Kibaru Manufacturing Sdn Bhd, Finesse Medical Ltd, Stockwell Elastomerics Inc., Saint-Gobain Performance Plastics, Apple Rubber Products, among others.

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Silicone is a profoundly adaptable engineered polymer that offers its products from cooking utensils and glues to sealants and beauty care products. Its unique properties such as biocompatibility and versatility play an integral part in medical technology. They are a group of elite materials that incorporate silicone polymers, silanes and siloxanes from which silicone items are determined. They are well accepted by the human skin and body, so they encourage healing, enhance the presence of existing scars and lessen discomfort and this will be beneficial in the growth of the market. They also decrease patient risk by providing life upgrading devices.

Key Insights in the report:

• Historical and current market size and projection up to 2025.
• Market trends impacting the growth of the global fluorinated oil market.
• Analyze and forecast fluorinated oil market on the basis of product market type, and end-use industry.
• Trends of key regional and country-level markets for product market type, and end-use industry.
• Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis.

Market Segmentation: Global Medical Grade Silicone Market

The Global medical grade silicone market is segmented into two segments such as form and application.

• On the basis of form, the market is segmented into five notable segments; gels, medical adhesives, medical coatings, elastomers and others. Gels are further sub-segmented into soft skin adhesives and others. Medical adhesives are sub-segmented into pressure sensitive adhesives and others. Medical coatings are sub-segmented into hydrophobic and hydrophilic. Elastomers are sub-segmented into liquid silicone rubber and high consistency rubber. Others segment is sub-segmented into API’s, excipients, foams, emulsions, dispersions and others.
• On the basis of application, the market is segmented into six notable segments; prosthetics, orthopedic components, medical devices, medical tapes, contact lenses and others. Prosthetics is sub-segmented into limbs and implants.       

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