Medical Styrenic Polymers Market 2021-2027 Trends, Research Report, Growth Trends, Opportunities, Forecast to 2027

The medical styrene polymer market size was valued at about $3.2 billion in 2019 and will show an annual average growth rate of more than 5% from 2021 to 2027. The growth of the automotive industry over the past few years, especially in emerging markets in China, and India has sparked the demand for styrene polymers. This is expected to have a positive impact on the styrene polymer market over the next 7 years. In addition, the growing demand for lightweight materials in the consumer goods industry is expected to have a positive impact on the market growth. Demand is expected to increase over the next seven years as the application of styrenic polymers increases in the manufacture of medical devices and pharmaceutical packaging materials. However, the price of styrene-based polymers is higher than that of alternative materials such as PVC and polyethylene, which is expected to suppress market growth.

Key Players

Versalis SpA (Italy), BASF SE (Germany), NOVA Chemicals (Canada), Synthos (Poland), INEOS Styrolution Group GmbH (Germany), PS Japan Corporation (Japan), KRATON CORPORATION (US), Chi Mei Corporation (China), ELIX Polymers (Spain), LG Chem (South Korea), and Alpek S.A.B. de CV (Mexico) are the key players operating in the global styrenic polymers market.

Medical Styrenic Polymers Market: Segmentation

By Product

• Polystyrene
• ABS
• SAN
• MBS
• MABS
• SMMA
• SBS
• SEBS
• Others

By Application

• Medical packaging
• Medical containers
• Medical instruments
• IV solution bags
• Medical fabrics
• Others

Key Questions Answered by Medical Styrenic Polymers Market Report

• What was the Medical Styrenic Polymers Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Medical Styrenic Polymers Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Medical Styrenic Polymers Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume