Spain Medical Injection Molded Plastic Market Size & Outlook
Spain medical injection molded plastic market, 2019-2030 (US$M)
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Spain medical injection molded plastic market highlights
- The Spain medical injection molded plastic market generated a revenue of USD 323.3 million in 2022 and is expected to reach USD 443.9 million by 2030.
- The Spain market is expected to grow at a CAGR of 4% from 2023 to 2030.
- In terms of segment, polypropylene (pp) was the largest revenue generating product in 2022.
- Polypropylene (PP) is the most lucrative product segment registering the fastest growth during the forecast period.
Medical injection molded plastic market data book summary
| Market revenue in 2022 | USD 323.3 million |
| Market revenue in 2030 | USD 443.9 million |
| Growth rate | 4% (CAGR from 2022 to 2030) |
| Largest segment | Polypropylene (pp) |
| Fastest growing segment | Polypropylene (PP) |
| Historical data | 2019 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polypropylene (PP), Acrylonitrile Butadiene Styrene (ABS), Polyethylene (PE), Polystyrene (PS), Polycarbonate (PC) |
| Key market players worldwide | Dow Inc, SABIC, Eastman Chemical Co, Covestro AG, Evonik Industries AG, Sumitomo Chemical Co Ltd, Arkema SA, INEOS, Rutland Plastic Technologies |
Other key industry trends
- In terms of revenue, Spain accounted for 1.3% of the global medical injection molded plastic market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany medical injection molded plastic market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 2,712.5 million by 2030.
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Medical Injection Molded Plastic Market Scope
Medical Injection Molded Plastic Market Companies
| Name | Profile | # Employees | HQ | Website |
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Spain medical injection molded plastic 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 injection molded plastic market will help companies and investors design strategic landscapes.
Polypropylene (pp) was the largest segment with a revenue share of 31.43% in 2022. Horizon Databook has segmented the Spain medical injection molded plastic market based on polypropylene (pp), acrylonitrile butadiene styrene (abs), polyethylene (pe), polystyrene (ps), polycarbonate (pc) covering the revenue growth of each sub-segment from 2019 to 2030.
Spain is still recovering from the COVID-19 pandemic, which has brought the need for a deep restructuring of the healthcare system. Investments in automation and the renewal of obsolete equipment in cardiology, orthopedic, respiratory, and personalized medicine are expected to drive the market.
Burgeoning aging population in the country requires orthopedic aids, prosthetic aids, patient aids, and others. This coupled with the impulsive impact of the COVID-19 pandemic is expected to drive the demand for injection molded plastics in Spain.
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Our clientele includes a mix of medical injection molded plastic market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain medical injection molded plastic market , including forecasts for subscribers. This country databook contains high-level insights into Spain medical injection molded plastic market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Spain medical injection molded plastic market size, by product, 2019-2030 (US$M)
Spain Medical Injection Molded Plastic Market Outlook Share, 2022 & 2030 (US$M)
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