MedicalGrade Liquid Silicone Rubber Market Size, Share 2024

The China Dibenzoate Plasticizer market size was valued at US$ 218.6 million in 2024 and is projected to reach US$ 295.4 million by 2030, at a CAGR of 5.2% during the forecast period 2024-2030.

Dibenzoate Plasticizers are non-phthalate plasticizers derived from benzoic acid, used to improve flexibility, workability, and durability of polymers, particularly in PVC applications, offering a safer alternative to traditional phthalate plasticizers.

China's Dibenzoate Plasticizer market is growing steadily, driven by increasing demand for non-phthalate plasticizers in various industries due to regulatory pressures and health concerns. In 2023, China produced 145,000 metric tons of dibenzoate plasticizers, with 70% consumed domestically and 30% exported. The PVC industry remains the largest consumer, accounting for 65% of demand, followed by adhesives and sealants at 20%, and coatings at 15%. The market is benefiting from the government's push towards safer plasticizers, which drove a 12% increase in adoption by major PVC manufacturers in 2023. Technological advancements focus on improving compatibility with different polymer systems, with new grades offering 25% better fusion with PVC compared to 2020 formulations. The market is seeing a shift towards bio-based dibenzoate plasticizers, growing at 8% annually due to increasing environmental concerns. In 2023, the Ministry of Ecology and Environment implemented stricter regulations on plasticizer emissions, leading to a 20% increase in demand for low-VOC dibenzoate formulations. The market faces challenges from competition with other non-phthalate plasticizers, but dibenzoates' excellent performance in outdoor applications continues to secure its position. Research into synergistic blends of dibenzoates with other plasticizers is emerging as a promising field, with applications offering improved cost-performance ratios growing at 10% CAGR. Looking ahead, the market is expected to benefit from the growing automotive industry in China, with dibenzoate plasticizers for automotive interiors projected to grow at 7.5% CAGR through 2030. The development of dibenzoate plasticizers for biodegradable polymers is also gaining traction, with R&D investments in this area increasing by 15% in 2023 compared to the previous year.

This report contains market size and forecasts of Medical-Grade Liquid Silicone Rubber in China, including the following market information:

•    China Medical-Grade Liquid Silicone Rubber Market Revenue, 2019-2024, 2024-2030, ($ millions)

•    China Medical-Grade Liquid Silicone Rubber Market Sales, 2019-2024, 2024-2030,

•    China Top five Medical-Grade Liquid Silicone Rubber companies in 2023 (%)

Report Includes

This report presents an overview of China market for Medical-Grade Liquid Silicone Rubber , sales, revenue and price. Analyses of the China market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report focuses on the Medical-Grade Liquid Silicone Rubber sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the China Medical-Grade Liquid Silicone Rubber market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

•    Limited Exposure

•    Prolonged Exposure

•    Permanent Contact

Segment by Applications

•    Human Body Implants

•    Medical Devices

Key Companies covered in this report:

•    Wacker Chemie AG

•    DowDuPont

•    Shin-Etsu Chemical Co., Ltd.

•    KCC Corporation

•    Elkem Silicones

•    Nusil Technology LLC

•    Momentive

•    Zhejiang Xinan Chemical Industrial Group Co., Ltd.

•    Simtec Silicone Parts, LLC

•    Stockwell Elastomerics Inc.

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•    Key companies Medical-Grade Liquid Silicone Rubber revenues in Chinan market, 2019-2024 (Estimated), ($ millions)

•    Key companies Medical-Grade Liquid Silicone Rubber revenues share in Chinan market, 2023 (%)

•    Key companies Medical-Grade Liquid Silicone Rubber sales in Chinan market, 2019-2024 (Estimated),

•    Key companies Medical-Grade Liquid Silicone Rubber sales share in Chinan market, 2023 (%)

Key Indicators Analysed

•    Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

•    Chinan Market Analysis: The report includes Chinan market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

•    Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

•    Opportunities and Drivers: Identifying the Growing Demands and New Technology

•    Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Benefits of This Market Research:

•    Industry drivers, restraints, and opportunities covered in the study

•    Neutral perspective on the market performance

•    Recent industry trends and developments

•    Competitive landscape & strategies of key players

•    Potential & niche segments and regions exhibiting promising growth covered

•    Historical, current, and projected market size, in terms of value

•    In-depth analysis of the Medical-Grade Liquid Silicone Rubber Market

•    Overview of the regional outlook of the Medical-Grade Liquid Silicone Rubber Market

Key Reasons to Buy this Report:

•    Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

•    This enables you to anticipate market changes to remain ahead of your competitors

•    You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents

•    The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

•    Provision of market value (USD Billion) data for each segment and sub-segment

•    Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

•    Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

•    Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

•    Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

•    The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

•    Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

•    Provides insight into the market through Value Chain

•    Market dynamics scenario, along with growth opportunities of the market in the years to come

•    6-month post-sales analyst support

We offer additional regional and global reports that are similar:

•    Global Medical-Grade Liquid Silicone Rubber Market 

•    United States Medical-Grade Liquid Silicone Rubber Market 

•    Japan Medical-Grade Liquid Silicone Rubber Market 

•    Germany Medical-Grade Liquid Silicone Rubber Market 

•    South Korea Medical-Grade Liquid Silicone Rubber Market 

•    Indonesia Medical-Grade Liquid Silicone Rubber Market 

•    Brazil Medical-Grade Liquid Silicone Rubber Market

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