In this region, Asia-Pacific medical grade silicone market is projected to grow at the highest CAGR of 6.6% in the forecast period 2018 to 2025. The new market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Segmentation for Medical Grade Silicon Market
The market is further segmented into;
Forms
Application

The Asia-Pacific medical grade silicone market is segmented based on forms into five notable segments; gels, medical adhesives, medical coatings, elastomers and others. In 2018, gels segment is estimated to rule with 29.9% shares; However, elastomer segment is growing with the highest CAGR of 6.9%. The Asia-Pacific medical grade silicone market is segmented based on application into six notable segments; prosthetics, orthopedic components, medical devices, medical tapes, contact lenses and others. In 2018, prosthetics segment is valued to rule
Prosthetics is further segmented into limbs and implants. Implants are further segmented into breast implants, orthopedic implants, cardiovascular implants, dental implants, intraocular lens, and other implants. Orthopedic implants are further segmented into reconstructive joint replacement and spinal implants. Medical devices are further segmented into medical electronics, device assemblies & fittings, medical tubes, medical rings and gaskets, catheters and miscellaneous accessories. Miscellaneous accessories are further segmented into masks, bottles, trays and others. Medical tapes are further segmented into wound care, drug delivery, personal hygiene and others. Others segment is categorized into tropical gels, surgical drapes and oral care products
Based on geography, the market is segmented into eleven countries;
Japan
China
South Korea
India
Australia
Singapore
Thailand
Malaysia
Indonesia
Philippines
Rest of Asia-Pacific



Key Market Players for Medical Grade Silicon Market
The key market players for Asia-Pacific medical grade silicone market are listed below;

The Dow Chemical Company
3M,
Wacker Chemie AG,
Shin-Etsu Chemical Co. Ltd,
Momentive,
Apple Rubber Products
Carlin SA,
Elkem ASA,
Finesse Medical Ltd,
Kibaru Manufacturing Sdn Bhd
Nusil,
Polymer Science, Inc.
Primasil Silicones Limited,
Robin Industries, Inc.
SIMTEC,
Speciality Silicone Products, Inc.
Saint-Gobain Performance Plastics Inc.
Stockwell Elastomerics, Inc.
Wynca Group,
Zodiac Coating and others
Recent Developments in the market
In March 2018, Dow Chemical Company (U.S) received JEC innovation award for more production of torsion ally- rigid components which is used in automobiles in rear wall structures.
In November 2017, Dow Chemical Company (U.S) won 10 R&D 100 awards which were based on innovative technologies at an event
In October 2017, 3M announced that it has acquired Scott Safety from Johnson Controls to enhance personal safety offering to its customers. The Scott?s safety products combined with 3M products to provide a border array of safety products and solutions to the customers worldwide. This will Increase the company?s overall revenue also
In March 2015, 3M acquired Ivera Medical Corp. to Increase its business in products that disinfect and protect devices that are used for access into a patient?s bloodstream. This acquisition will provide a broader array of vascular access solution worldwide.

Key Takeaways
Few of the market drivers are as follows;
Growth in implantable device market
Wide range of applications of silicones in healthcare applications and pharmaceutical sector
In 2017, the Europe medical grade silicone market is dominated by Wacker Chemie AG with market share of 24.2% followed by Momentive Performance Materials Inc. 23.5%, Dow Corning Corporation 20.5%, 3M 17.6%, Shin-Etsu Chemical Co. Ltd. 8.5% and others 5.7%
? The gels segment is dominating the Europe medical grade silicone market.

? Elastomers segment is expected to grow with the highest CAGR of 6.5% in the forecast period 2018 to 2025.


Key factors of the report
The report covers the present scenario and the growth prospects of the Asia-Pacific medical grade silicone market for 2018-2025. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UC&C) and video conferencing, secondary resources and doing in-depth company share analysis of major 10 players in the market.
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