Medical Grade Silicone Market Accounted To Reach USD 596.8 Million By 2025 : Grand View Research Inc.
San Francisco, 1 November 2019: The Report Medical Grade Silicone Market Analysis By Product (Elastomers, Gels, Medical Adhesives, Medical Coatings, Foams), By Application (Prosthetics, Orthopedic, Contact Lens), And Segment Forecasts, 2018 – 2025 The global medical grade silicone market is expected to reach USD 596.8 million by 2025, growing at a CAGR of 6.6%, according to a report by Grand View Research, Inc. Rising demand for Medical Grade Silicone owing to its inherent thermal and chemical stability, hydrophobicity, resistance to sterilization method, and low surface tension is expected to augment the industry size over the forecast period. The growing use of high consistency silicone elastomers due to various properties offered such as green strength, which is necessary to maintain extruded profiles until vulcanized, is expected to increase their demand in extrusion applications, which in turn is anticipated to stimulate the demand over the...