Global Medical Grade Silicone Market, By Form (Gels, Medical Adhesives, Medical Coatings, Elastomers, Others), Application (Prosthetics, Orthopedic Components, Medical Devices, Medical Tapes, Contact Lenses, Others), Geography (North America, Europe, Asia Pacific, South America, Middle East and Africa) Industry Trends and Forecast to 2025
Global medical grade silicone market is projected to register a healthy CAGR of 6.0% in the forecast period of 2018 to 2025.
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Competitive Analysis: Global Medical Grade Silicone Market
Some of the major players operating in this market are Dow Corning Corporation, Wacker Chemie Ag, 3M, Shin-Etsu Chemical Co. Ltd, Nusil Technology Llc, Momentive Performance Materials Inc., Specialty Silicone Fabricators, Inc, Zodiac Coating, Wynca Group, Primasil Silicones Limited, Kibaru Manufacturing Sdn Bhd, Finesse Medical Ltd, Stockwell Elastomerics Inc., Saint-Gobain Performance Plastics, Apple Rubber Products, among others.
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Dow Chemical Company:
Founded in 1897 and headquartered in Michigan, U.S. The Dow Chemical Company is engaged in manufacturing technology based products and solutions for sectors such as packaging, infrastructure, transportation, consumer care, electronics, and agriculture. The business segments in which company operates are packaging & specialty plastics, industrial intermediates & infrastructure, performance materials & coatings, agriculture, electronics & imaging, safety & construction, nutrition & biosciences, and transportation & advanced polymers. Medical grade silicone product offered under Performance Materials & Coating. Performance Materials & Coating uses silicones, acrylics and cellulose-based technology platforms to serve the needs of the coatings, home care, personal care, appliances and industrial end markets. The company serves in various applications such as agriculture, automotive, building & construction, consumer, electronic materials, energy & water, industrial, infrastructure and packaging and health care solutions.
The company has various manufacturing location Africa, Asia Pacific, Europe, Latin America, Middle East and North America and has its geographical presence in U.S, Europe, Middle East and Africa and Rest of the world. The subsidiaries the company are Arabian Chemical Company (Latex) Ltd. (Saudi Arabia), Arabian Chemical Company (Polystyrene) Limited (Saudi Arabia), Battleground Water Company (Texas) and many more. The Dow Chemical Company is certified with ISO 9001, ISO 9001:2015, ISO 14001 and ISO 22000 certificates.
Founded in 1902 and headquartered in Minnesota, U.S. 3M is engaged in the development and distribution of novel products and services for technology platforms. The business segments in which the company operates are industrial, safety and graphics, health care, electronics and energy and consumer. The company offers its products and services for tapes and additives, aerospace & aircraft maintenance, automotive, orthodontics, chemical, dental, electronics materials, health information systems, food service and hospitality, patient equipment & suppliers and patient monitoring. The market focused segment is health care. It manufactures medical tapes, dressings and wound closure products for the health care industry.
The Company operates 80 manufacturing facilities in 29 states. Internationally, the Company operates 125 manufacturing and converting facilities in 37 countries. It serves its products and services in different region such as The U.S., Asia pacific, Europe, Middle East & Africa, Latin America & Canada.
WACKER CHEMIE AG:
Founded in 1914 in Munich, Germany. The company is engaged in manufacturing automotive, transport, chemical, paints, composites, elastomers and plastics products. It operates its business in four segments such as wacker Silicones, waker polymers, waker polysilicon and waker biosolutions. The market focused segment is health care. The company offers products for wound care which are high quality silicon rubber compounds that are made with specific requirements for the health care industry.
The company serves its products and services in different region such as The Europe, Asia, Americas and Other Regions. Few of its subsidiaries are Wacker Polymers, L.P. (Germany), Wacker Química do Brasil Ltda. (Germany), Wacker Biosolutions (Germany), Wacker Polysilicon North America LLC (Germany), Schott Wacker Solar Gmbh (Germany). The company has been certified with ISO 9001 certificate for its product quality control.
SHIN-ETSU CHEMICAL CO.:
The Shin-Etsu Chemical Company was establishes in 1926 in Tokyo, Japan. The company provides a wide range of products for industries including electrical manufacturing, auto manufacturing, cosmetics, construction, chemical industry and health care. It operates its business in six segments such as PVC/chlor-alkali, semiconductor silicon, silicones, electronics and functional materials, speciality chemicals and processing, trading & specialized services. The market focused segment is silanes. These are a category of silicon compounds that contain alkoxysilanes, silazanes and chlorosilanes. They are used to protect functional groups during synthesis of agricultural chemicals and pharmaceuticals.
The company serves its products and services in different region such as The Asia & Oceania, Japan, U.S., Europe and Other Regions. It has 5 plants and 6 research centers in Japan. Few of its subsidiaries are Shin-Etsu Polymer Co., Ltd. (Japan), Shintech Incorporated (U.S.), Japan VAM & Poval (Japan), Japan VAM & Poval (Japan), Nissin Chemical Industry Co., Ltd. (Japan). The company has been certified with ISO 9000 certificate for its product quality control at all of its sites.
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