Medical Plastics companies

  • Report ID: 2600
  • Published Date: Jun 10, 2025
  • Report Format: PDF, PPT

Companies Dominating the Medical Plastics Landscape

    The global market for medical plastics chemicals is intensely competitive, primarily led by multinational companies from the USA, Europe, and Asia. Key industry players focus on sustainability, cutting-edge research and development, and strategic alliances to improve their product offerings and adhere to changing environmental regulations. Investments in green chemistry, digital transformation, and capacity expansions are prevalent strategies that foster market leadership and innovation. This table presents the leading 15 global producers in the medical plastics chemical sector, outlining their market share and country of origin.  It highlights key industry players from major regions, reflecting competitive dynamics and geographic distribution.

    Top 15 Global Manufacturers in Medical Plastics Chemical Market

    Company Name

    Country

    Approximate Market Share (%)

    Dow Inc.

    USA

    10.6

    BASF SE

    Germany (Europe)

    9.9

    SABIC

    Saudi Arabia

    7.3

    Mitsubishi Chemical Holdings

    Japan

    6.6

    LyondellBasell Industries

    USA

    6.4

    Covestro AG

    Germany (Europe)

    xx

    LG Chem

    South Korea

    xx

    Reliance Industries Limited

    India

    xx

    Celanese Corporation

    USA

    xx

    Sumitomo Chemical Co., Ltd.

    Japan

    xx

    Wanhua Chemical Group

    China (Asia)

    xx

    Asahi Kasei Corporation

    Japan

    xx

    Formosa Plastics Corporation

    Taiwan (Asia)

    xx

    Petronas Chemicals Group

    Malaysia

    xx

    Nitto Denko Corporation

    Japan

    xx

    Here are a few areas of focus covered in the competitive landscape of the medical plastics market:

    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of medical plastics was over USD 40.1 billion.

The market size for medical plastics is projected to cross USD 87.5 billion by the end of 2037, expanding at a CAGR of 7.4% during the forecast period, i.e., between 2025 and 2037.

The major players in the market are Eastman Chemical Company, BASF SE, Celanese Corporation, Evonik Industries AG, SABIC, Dow Inc., and others.

The medical disposal segment is predicted to gain the largest market share of 40% during the projected period.

The Asia Pacific medical plastics sector is poised to hold a 37% share by the end of 2037.
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