Market revenue in 2023 | USD 666.6 million |
Market revenue in 2030 | USD 1,102.7 million |
Growth rate | 7.5% (CAGR from 2023 to 2030) |
Largest segment | Polyphenylsulfone (ppsu) |
Fastest growing segment | Polypropylene (PP) |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Polyethylene (PE), Polypropylene (PP), Polycarbonate (PC), Liquid Crystal Polymer (LCP), Polyphenylsulfone (PPSU), Polyethersulfone (PES), Polyethylenimine (PEI), Polymethyl Methacrylate (PMMA) |
Key market players worldwide | Röchling Group, Nolato AB Class B, Compagnie de Saint-Gobain SA, SABIC, Orthoplastics, Eastman Chemical Co, Celanese Corp Class A, Dow Inc, Tekni-Plex, Solvay SA, Hmc Polymers Company, Integer Holdings Corp, Trelleborg AB ADR, Avantor Inc, Trinseo PLC, Evonik Industries AG |
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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 plastic market will help companies and investors design strategic landscapes.
Polyphenylsulfone (ppsu) was the largest segment with a revenue share of 49.71% in 2023. Horizon Databook has segmented the Brazil medical plastic market based on polyethylene (pe), polypropylene (pp), polycarbonate (pc), liquid crystal polymer (lcp), polyphenylsulfone (ppsu), polyethersulfone (pes), polyethylenimine (pei), polymethyl methacrylate (pmma) covering the revenue growth of each sub-segment from 2018 to 2030.
The public-private partnerships in the healthcare sector, aimed at attracting investments and improving overall healthcare infrastructure, are expected to positively impact the market growth in Brazil over the forecast period. According to the International Trade Administration, Brazil spends 9.1% of its GDP on healthcare and is the largest healthcare market in Latin America.
Brazil holds significant potential to be a considerable market for medical plastics in the coming years due to the increasing purchasing power, geriatric population, government initiatives, and attractive investments in the healthcare sector.
The Brazilian pharmaceutical industry is expected to witness considerable growth over the forecast period, mainly due to rising government initiatives that focus on increasing local production and research activities to develop value-added medicines and drugs.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil medical plastic market , including forecasts for subscribers. This country databook contains high-level insights into Brazil medical plastic market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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