UAE Medical Elastomers Market Size & Outlook, 2023-2030
The medical elastomers market in the UAE is expected to reach a projected revenue of US$ 97.1 million by 2030. A compound annual growth rate of 11.7% is expected of the UAE medical elastomers market from 2024 to 2030.
Revenue, 2023 (US$M)
$44.9
Forecast, 2030 (US$M)
$97.1
CAGR, 2024 - 2030
11.6%
Report Coverage
UAE
UAE medical elastomers market, 2018-2030 (US$M)
Related Markets
UAE medical elastomers market highlights
- The UAE medical elastomers market generated a revenue of USD 44.9 million in 2023 and is expected to reach USD 97.1 million by 2030.
- The UAE market is expected to grow at a CAGR of 11.7% 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 2023 | USD 44.9 million |
| Market revenue in 2030 | USD 97.1 million |
| Growth rate | 11.7% (CAGR from 2023 to 2030) |
| Largest segment | Thermoplastic elastomer |
| Fastest growing segment | Thermoplastic Elastomer |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Thermoplastic Elastomer, Thermoset Elastomer |
| Key market players worldwide | Basf 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, UAE accounted for 1.1% 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 Middle East & Africa, Saudi Arabia medical elastomers market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 144.5 million by 2030.
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Medical Elastomers Market Scope
Medical elastomers market segmentation & scope
Medical Elastomers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UAE 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 69.27% in 2023. Horizon Databook has segmented the UAE medical elastomers market based on thermoplastic elastomer, thermoset elastomer covering the revenue growth of each sub-segment from 2018 to 2030.
- UAE Medical Elastomers Type Outlook (Revenue, USD Million, 2018-2030)
- Thermoplastic Elastomer
- Thermoset Elastomer
- UAE 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 UAE medical elastomers market databook
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Our clientele includes a mix of medical elastomers market companies, investment firms, advisory firms & academic institutions.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE medical elastomers market , including forecasts for subscribers. This country databook contains high-level insights into UAE medical elastomers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE medical elastomers market size, by type, 2018-2030 (US$M)
UAE Medical Elastomers Market Outlook Share, 2023 & 2030 (US$M)
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