Medical Styrenic Polymer Market share research by applications and regions for 2017-2024 - PowerPoint PPT Presentation

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Medical Styrenic Polymer Market share research by applications and regions for 2017-2024


The global Medical Styrenic Polymer Market share report provides numbers for applications and regional segments of the industry covering historical as well as forecast data for decision makers. – PowerPoint PPT presentation

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Title: Medical Styrenic Polymer Market share research by applications and regions for 2017-2024

Medical Styrenic Polymer Market Price, Research
Report, Analysis from 2017 to 2024
Global Market Scenario of Medical Styrenic
Polymer Industry
  • The 2017 Medical Styrenic Polymer Market report
    focuses on regional growth for 15 countries,
    leading industry companies, applications of
    Aluminum Alloys Market and more with an aim to
    help take business decisions.
  • Medical Styrenic Polymer Market size is expected
    to surpass USD 4.5 billion by 2024 according to
    a new research report by Global Market Insights,
  • Pressing need to substitute plastics including
    PVC in the medical industry owing to its
    hazardous environmental implications will drive
    medical styrenic polymers market size by 2024.
    PVC is extensively utilized in the healthcare
    industry to create devices for storing IV
    solutions, blood/medicine containers, tubes and
    connectors owing to brilliant clarity and ability
    to withstand broad range of temperature
  • However, significant amount of toxic component
    released from PVC which may contaminate IV fluids
    and migrate into human body has led to
    formulation of strict regulations to gradually
    replace these products with styrene plastic which
    is eco-friendly and plasticizer free making it
    desirable across medical healthcare industry.

  • Paradigm shift from metallic medical devices to
    polymer devices owing to its desirable attributes
    which includes design flexibility, better
    physical characteristics, light weight and cost
    efficiency will make significant contribution
    towards medical styrenic polymer market size by
  • In addition, increasing preference for smaller
    size medical devices along with complex
    functionality will result in escalating product
    demand by 2024. This is primarily due to easily
    micro-molding nature of plastic to produce small
    components with high tolerance.
  • High product price compared to its existing
    counterparts in the business is probable to
    hamper medical styrenic polymer market size in
    the near future. For instance, polyethylene is
    growing at a faster pace in the industry compared
    to styrene polymers owing to its lower price.
  • However, increasing population aged above 65
    years coupled with technology advancements and
    stringent regulations against traditional plastic
    and metallic devices in the healthcare industry
    will generate plentiful opportunities for the
    medical styrenic polymer market size over the
    projected time spell.


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360 Industry Analysis
  • Product Analysis-
  • Polystyrene accounted for the largest chunk of
    medical styrenic polymer market share in 2016.
    The product is majorly used in manufacturing
    medical devices, equipment, packaging, etc. due
    to its rigid and cost-effective nature.
    Furthermore, excellent physical attributes
    including transparency, easy availability in
    several colors is likely to stimulate medical
    styrenic polymer market size for the segment by
  • ABS are amongst one of the fastest growing
    segment for medical applications owing to its
    unique combination of properties including easily
    colored, excellent finish and high-quality gloss.
    Moreover, it exhibits brilliant chemical
    resistance to heat and chemicals which will
    benefit in achieving promising growth for the
    medical styrenic polymer market size in the
    coming years.

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Regional Analysis Asia Pacific is expected to
be the fastest growing region for medical
styrenic polymer market by 2024. This is credited
to increasing healthcare ethics and environment
friendly material use for widespread medical
applications which will subsequently boost the
regional medical styrene polymers market size by
2024. Competitive Analysis Key industry share
contributors of medical styrenic polymers
are Kraton Polymers, Styrolution Group, Styron,
Americas Styrenics, INEOS ABS, Chevron Phillips
and SABIC.

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