Indonesia Medical Elastomers Market Size & Outlook

The medical elastomers market in Indonesia is expected to reach a projected revenue of US$ 96.0 million by 2030. A compound annual growth rate of 11.9% is expected of Indonesia medical elastomers market from 2024 to 2030.

Revenue, 2023 (US$M)
$43.7
Forecast, 2030 (US$M)
$96.0
CAGR, 2024 - 2030
11.9%
Report Coverage
Indonesia

Indonesia medical elastomers market highlights

  • The Indonesia medical elastomers market generated a revenue of USD 43.7 million in 2023 and is expected to reach USD 96.0 million by 2030.
  • The Indonesia market is expected to grow at a CAGR of 11.9% from 2024 to 2030.
  • In terms of segment, thermoplastic elastomer was the largest revenue generating type in 2023.
  • Thermoplastic Elastomer is the most lucrative type segment registering the fastest growth during the forecast period.

Medical elastomers market data book summary

Market revenue in 2023USD 43.7 million
Market revenue in 2030USD 96.0 million
Growth rate11.9% (CAGR from 2023 to 2030)
Largest segmentThermoplastic elastomer
Fastest growing segmentThermoplastic Elastomer
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationThermoplastic Elastomer, Thermoset Elastomer
Key market players worldwideBasf SE, Dow Inc, DuPont de Nemours Inc, DSM Firmenich AG, Kuraray Co Ltd, Teknor Apex, L.B. Foster Co Class A, Hexpol AB Class B, Trelleborg AB Class B, Celanese Corp Class A, Solvay SA, Kraton Performance Polymers, Momentive, Avient Corp, Biomerics

Other key industry trends

  • In terms of revenue, Indonesia accounted for 1.0% of the global medical elastomers market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China medical elastomers market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 745.6 million by 2030.

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Medical Elastomers Market Scope

Medical elastomers market segmentation & scope
Thermoplastic Elastomer
Thermoset Elastomer
Medical Tubes
Medical Bags
Catheters
Syringes
Implants
Gloves
Others

Medical Elastomers Market Companies

Name Profile # Employees HQ Website

Indonesia medical elastomers market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical elastomers market will help companies and investors design strategic landscapes.


Thermoplastic elastomer was the largest segment with a revenue share of 69.11% in 2023. Horizon Databook has segmented the Indonesia medical elastomers market based on thermoplastic elastomer, thermoset elastomer covering the revenue growth of each sub-segment from 2018 to 2030.


  • Indonesia Medical Elastomers Type Outlook (Revenue, USD Million, 2018-2030)
    • Thermoplastic Elastomer
    • Thermoset Elastomer
  • Indonesia Medical Elastomers Application Outlook (Revenue, USD Million, 2018-2030)
    • Medical Tubes
    • Medical Bags
    • Catheters
    • Syringes
    • Implants
    • Gloves
    • Others

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Target buyers of Indonesia medical elastomers market databook

  • Our clientele includes a mix of medical elastomers market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Indonesia medical elastomers market , including forecasts for subscribers. This country databook contains high-level insights into Indonesia medical elastomers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Indonesia medical elastomers market size, by type, 2018-2030 (US$M)

Indonesia Medical Elastomers Market Outlook Share, 2023 & 2030 (US$M)

Indonesia medical elastomers market size, by type, 2018-2030 (US$M)

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