Medical Styrenic Polymers Industry Shifting focus from Metallic devices to Polymer devices, Report by 2017-2024 (1) - PowerPoint PPT Presentation

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Medical Styrenic Polymers Industry Shifting focus from Metallic devices to Polymer devices, Report by 2017-2024 (1)

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Title: Medical Styrenic Polymers Industry Shifting focus from Metallic devices to Polymer devices, Report by 2017-2024 (1)


1
Medical Styrenic Polymers Industry Shifting focus
from Metallic devices to Polymer devices, Report
by 2017-2024
_at_ 2016 Global Market Insight, Inc. USA. All
Rights Reserved www.fractovia.org
2
  • Overview
  • Medical Styrenic Polymer Market size was more
    than USD 2.5 billion in 2016 and will witness 7
    growth over the projected timespan. Robust demand
    product demand to replace conventional metallic
    medical devices will drive the medical styrenic
    polymer market size by 2024
  • This polymer can be easily processed and is
    widely used in manufacturing light weight and
    advanced medical devices. Conventional medical
    devices that are used in a majority of hospitals
    are made of metals, glass, and ceramics. However,
    these days, they are being replaced by polymers
    due to the several advantages they offer over
    their counterparts. 
  • A report on medical styrenic polymer market
    compiled by Global Market Insights, Inc.,
    predicts the industry to record a CAGR of 7 over
    2017-2024. It further foresees this business
    space to generate revenue of over USD 4.5 billion
    by 2024.  

_at_ 2016 Global Market Insight, Inc. USA. All
Rights Reserved www.fractovia.org
3
  • ABS (Acrylonitrile Butadiene Styrene) is
    considered to be one of most crucial products
    under the umbrella of medical styrenic polymer
    market, subject to its superior properties such
    as high heat resistance, high chemical endurance,
    excellent quality gloss finish, and superior
    moldability.
  • The first quarter of 2017 also witnessed Ineos
    launching two new styrenic grades at the
    Pharmapack 2017 - Novodur HD M203FC G3 and
    Styrolux 4G60, both of which are designed to be
    utilized by medical device manufacturers.
  • Medical styrenic polymer market may observe an
    increased traction in the course of the
    forthcoming years, pertaining to the declining
    adoption of PVS. Polyvinyl chloride has been used
    for the longest time by healthcare device firms
    to develop medical components for dialysis
    solutions, IV fluids, tubing, blood bags, and
    connectors.

_at_ 2016 Global Market Insight, Inc. USA. All
Rights Reserved www.fractovia.org
4
Browse Full Research Report_at_ https//goo.gl/5q3C
Z5
Request for a Sample of this Research report
_at_ https//www.fractovia.org/request-sample/582
_at_ 2016 Global Market Insight, Inc. USA. All
Rights Reserved www.fractovia.org
5
  • 360 Analysis
  • It has come to notice that the rising usage of
    PVC catastrophically impacts the environment, by
    means of the dioxin releases. Subject to the
    strict norms enforced by agencies with regards to
    environmental safety.
  • Medical styrenic polymer industry is likely to
    experience high growth prospects. The medical
    industry still lags behind the other sectors as
    far as the go green trend is concerned. 
  • Medical styrenic polymer industry players such
    as INEOS ABS, Styrolution Group GmbH, Kraton
    Polymers LLC, Styron LLC (Trinseo S.A.), Americas
    Styrenics LLC, and the Chi Mei Corporation have
    been striving to develop eco-friendly
    alternatives, which has led to a surging demand
    for styrenic polymers.
  • This crusade is likely to carve out a positive
    roadmap for the growth of medical styrenic
    polymer market, anticipated to generate a
    valuation of more than USD 4.5 billion by 2024. 

_at_ 2016 Global Market Insight, Inc. USA. All
Rights Reserved www.fractovia.org
6
Competitive Trends
  • The notable industries in Medical Styrenic
    Polymer Market are
  • Chi Mei Corporation
  • Styrolution
  • Ineos Abs USA
  • Kraton Polymers LLC
  • Americas Styrenics LLC
  • Ineos Abs USA

Inquire Before Buying This Report_at_ https//www.fra
ctovia.org/request-purchase/582
_at_ 2016 Global Market Insight, Inc. USA. All
Rights Reserved www.fractovia.org
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