MEDICAL GRADE SILICONE MARKET ANALYSIS

Medical Grade Silicone Market by Product Type (Elastomers, Gels, Medical Adhesives, Medical Coatings, and Others), by Application (Contact Lenses, Medical Devices, Medical Adhesives, Medical Tapes, Orthopedic Components, Prosthetics, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa), - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Recent Developments

In March 2022, Minnesota Rubber and Plastics (MRP), a provider of elastomer and thermoplastic solutions for the medical, water, and specialty industrial end markets, had acquired Primasil Silicones, a U.K.-based custom silicone rubber compounder, mixer, and manufacturer specializing in the medical and specialty industrial end markets. The addition of Primasil's capabilities will complement MRP’s existing offerings, which include elastomer and thermoplastic solutions for the medical device, water, food and beverage, infrastructure, and other essential industries globally.
In January 2022, B9Creations, a global provider of additive manufacturing solutions, launched a brand-new elastomeric resin called BioRes – Silicone. This new addition to its suite of biocompatible 3D printing materials enables customized medical and consumer tech applications for comfortable skin contact products such as headphones, hearing aids, wristbands, attachments for wearables, silicone components for medical devices, and more.
In February, 2020, Elkem Siliconeannounced the acquisition of Polysil, a China-based silicone elastomer & resins material manufacturer specialized in baby care and food grade silicones, as well as silicone products for the electronics and medical markets. Polysil’s products and market positions in the food, baby care, electronics, and medical markets are complementary to Elkem and help Elkem grow in the Chinese medical grade silicone market.