DUBLIN, Feb. 23, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/7ww2c3/styrenic_polymers) has announced the addition of the "Styrenic Polymers Market for Medical Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020" report to their offering.
The global styrenic polymers market for medical styrenics is likely to expand at a CAGR of 6.5% from 2014 to 2020.
Styrenic polymers offer several desirable product characteristics to cater to the diverse requirements of the medical industry. Styrenic materials can be processed to be rigid as well as flexible, as per end-user requirements. Owing to its flexibility, styrenic polymers offer unique advantages in design and development of medical devices and parts. Properties such as chemical inertness, unique bonding polarity, and physical and aesthetic properties boost the styrenic polymers market in medical applications. However, styrenic polymers are higher priced compared to other medical polymers such as polyvinyl chloride (PVC), and polyethylene (PE). This hampers the market from achieving higher growth, especially in price sensitive markets, to some extent.
North America accounted for the largest market share (39.9%) of styrenic polymers for medical applications in 2013. The styrenic polymers market for medical applications in North America was followed by Asia Pacific and Europe in 2013. Asia Pacific is likely to record the fastest growth in the global market for medical styrenics during the forecast period. Rapid increase in the geriatric population across the world coupled with constant improvement and innovation in the medical industry is projected to provide ample opportunity for the growth of styrenic polymers market for medical applications.
The global styrenic polymers market for medical applications is moderately concentrated in nature. Major companies operating in the market include Styrolution Group GmbH, Saudi Basic Industries Corporation, Chi Mei Corporation, LG Chem Ltd. and Kraton Polymers.
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Styrenic Polymers Market for Medical Applications - Industry Analysis
Chapter 4 Styrenic Polymers Market for Medical Application - Product Segment Analysis
Chapter 5 Styrenic Polymers Market for Medical Applications - Regional Analysis
Chapter 6 Company Profiles
- Americas Styrenics LLC
- Bayer MaterialScience AG
- Chevron Phillips Chemical Company LLC
- Chi Mei Corporation
- INEOS ABS (USA) Corporation
- Kraton Polymers LLC
- LG Chem Ltd
- Nova Chemicals Corporation
- Saudi Basic Industries Corporation
- Styrolution Group GmbH
- Styron LLC (Trinseo S.A.)
For more information visit http://www.researchandmarkets.com/research/7ww2c3/styrenic_polymers
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SOURCE Research and Markets