Report Description
A recent market
intelligence report that is published by Data Insights Partner on the
Medical-grade Polycarbonate Market makes an offering of in-depth analysis of
segments and sub-segments in the regional and international Medical-grade
Polycarbonate Market .The research also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and global Medical-grade
Polycarbonate Market over the short as well as long period of time. A detailed
presentation of forecast, trends, and dollar values of Medical-grade
Polycarbonate Market is offered. In accordance with the report, Medical-grade
Polycarbonate Market is projected to expand by healthy CAGR over the period of
forecast.
Market Insight, Drivers, Restraints & Opportunity of the
Market:
Polycarbonates
are strong thermoplastic polymers having organic functional groups linked
together by carbonate groups (–O–(C=O)–O–). Polycarbonates are highly durable,
transparent, impact resistance but less scratch resistance which makes it
suitable material to be used in optical lenses, automotive industries,
construction and others. Polycarbonates finds application in automotive,
Electrical & electronics and transportation market owing to properties such
as light weight & high strength. Aim of reducing plastics wastage has encouraged
the use of Polycarbonates as it is completely recyclable.
Polycarbonates are
completely recyclable polymer and is therefore can be used as a substitute to Poly
vinyl chloride particularly in medical devices. Unusual combination of
toughness, rigidity and strength makes it suitable for reducing the failure of
life-threatening material.
v
Polycarbonates can replace the
glass of medical devices and equipment in which visibility for tissues, blood
etc is required.
v
Focus on polycarbonate films
for breast implantation is expected to be a new opportunistic market in near
future. Also, manufactures are trying to acquire implantable breast prosthesis
certification.
v
Medical grade polycarbonates
also find application in production of one-piece plastic, disposable face
shields, syringes and
intravenous components. Covid-19 pandemic has created a sudden surge in demand
for face shields across the globe
v Increasing incidences of chronic
illness is increasing owing to poor lifestyle having hectic and stressful
schedules, etc is expected to boost the use of syringes for drug delivery, fluid
delivery and IV connection components
v Processing technology of
thermoplastic materials marks as a challenge for manufacturing companies across
the globe
v Glass-filled polycarbonates are
highly preferred for surgical and drug delivery applications owing to its
stiffness and strength. Moreover, it is also being used in load-bearing
internal components for laparoscopic surgical tools
Growing investments from major players in
polycarbonate market for the development of new and advanced products is
expected to create platform for adoption.
Ø In 2020, Covestro, a leading
manufacturer of transparent polycarbonate plastics launched medical grade polycarbonates
Makrolon® M204 LF, Makrolon® M402 LF and Makrolon® M404 LF with reduced
coefficients of friction
Ø In 2020, SABIC introduced LNP ELCRES
CRX polycarbonate with chemical resistance property offering medical devices a
longer lifecycle
Segment Covered:
This market
intelligence report on the global Medical-grade Polycarbonate Market encompasses
market segments based on grade, application and country.
By Grade the global medical grade Polycarbonate Market
has been divided into:
·
Lipid-resistant grade
·
Temperature-resistant grade
·
Others
By Applications the global medical grade Polycarbonate
Market has been divided into:
·
Fluid Delivery & IV Connection Components
·
Renal Dialysis Products
·
Cardiovascular Devices
·
Surgical Instruments
·
Others
By country/region, the global medical grade
Polycarbonate Market has been divided into:
·
North America (the U.S., Canada)
·
Latin America (Brazil, Mexico, Argentina and other countries)
·
Europe (Germany, France, the U.K., Spain, Italy, Russia, and other
countries)
·
Asia Pacific (India, Japan, China, Australia and New Zealand and other
countries)
·
Middle East and Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as:
·
Teijin Limited
·
Luxi Chemical
·
SABIC
·
Zhetie Daphoon
·
Lotte Chemical
·
Covestro
·
Trinseo S.A.
·
Mitsubishi
·
Wanhua Chemical
·
Others
Others have been
profiled into detail so as to offer a glimpse of the market leaders. Moreover,
parameters such as Medical-grade Polycarbonate Market related investment &
spending and developments by major players of the market are tracked in this
global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that,
IGR-Growth Matrix analysis is also provided in the report so as to share
insight of the investment areas that new or existing market players can take
into consideration. Various analytical tools such as DRO analysis, Porter's
five forces analysis has been used in this report to present a clear picture of
the market. The study focuses on the present market trends and provides market
forecast from the year 2020-2028. Emerging trends that would shape the market
demand in the years to come have been highlighted in this report. A competitive
analysis in each of the geographical segments gives an insight into market
share of the global players.
Salient Features:
· This study offers comprehensive yet detailed analysis of the Medical-grade
Polycarbonate Market, size of the market (US$ Mn ), and Compound Annual Growth
Rate (CAGR (%)) for the period of forecast: 2020-2028, taking into account 2019
as the base year
·
It explains upcoming revenue opportunities across various market segments
and attractive matrix of investment proposition for the said market
· This market intelligence report also offers pivotal insights about
various market opportunities, restraints, drivers, competitive market
strategies of leading market players, emerging market trends, and regional
outlook
·
Profiling of key market players in the world Medical-grade Polycarbonate
Market is done by taking into account various parameters such as company
strategies, distribution strategies, product portfolio, financial performance,
key developments, geographical presence, and company overview
· The data of this report would allow management authorities and marketers
of companies alike to take informed decision when it comes to launch of Type of
models, government initiatives, marketing tactics and expansion, and technical
up gradation
· The world market for Medical-grade Polycarbonate caters to the needs of
various stakeholders pertaining to this industry, namely suppliers,
manufacturers, investors, and distributors for Medical-grade Polycarbonate
Market. The research also caters to the rising needs of consulting and research
firms, financial analysts, and new market entrants
· Research methodologies that have been adopted for the purpose of this
study have been clearly elaborated so as to facilitate better understanding of
the reports
·
Reports have been made based on the guidelines as mandated by General
Data Protection Regulation
·
Ample number of examples and case studies have been taken into
consideration before coming to a conclusion
Reasons to buy:
·
Identify opportunities and plan strategies by having a strong
understanding of the investment opportunities in the Medical-grade
Polycarbonate Market
·
Identification of key factors driving investment opportunities in the Medical-grade
Polycarbonate Market
·
Facilitate decision-making based on strong historic and forecast data
·
Position yourself to gain the maximum advantage of the industry’s growth
potential
·
Develop strategies based on the latest regulatory events
·
Identify key partners and business development avenues
·
Respond to your competitors’ business structure, strategy and prospects
·
Identify key strengths and weaknesses of important market participants