Medical Elastomers Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Medical Elastomers Market Report Includes Major Manufacturers, Trends, Developments and is Segmented by Type (Thermoplastic Elastomer and Thermoset Elastomer), Application (Medical Tubes, Catheters, Syringes, Non-Woven and Films, Gloves, Medical Bags, Implants, and Other Applications), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The Market Size and Forecasts for the Medical Elastomers Market are provided in Volume (In Kilo Tons) for all the above segments.

Medical Elastomers Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Medical Elastomers Market Size

Medical Elastomers Market Summary
Study Period 2019 - 2030
Market Volume (2025) 3.75 Million tons
Market Volume (2030) 5.29 Million tons
CAGR 7.12 %
Fastest Growing Market Asia-Pacific
Largest Market Asia-Pacific
Market Concentration Low

Major Players

Medical Elastomers Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Medical Elastomers Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

Medical Elastomers Market Analysis

The Medical Elastomers Market size is estimated at 3.75 million tons in 2025, and is expected to reach 5.29 million tons by 2030, at a CAGR of 7.12% during the forecast period (2025-2030).

The market was negatively impacted by COVID-19 in 2020. The nationwide lockdowns and stringent social distancing mandates led to supply chain disruptions across different segments of the market. However, the market is expected to grow steadily owing to increasing investments in healthcare.

  • The demand for safe, halogen-free polymers and the shift in the medical industry toward wearable health devices and medical tools that can talk to each other from the outside are the main things driving the market.
  • Decreasing usage of single-use devices and the increasing prices of silicone are the factors that may slow down the market's growth. The medical elastomer industry is moving toward sustainable and green projects as environmental awareness grows.
  • The development of bio-based thermoplastic elastomers is the key market opportunity.

Asia-Pacific dominated the market across the globe, with the largest consumption in countries such as China, India, etc.

Medical Elastomers Industry Overview

The global medical elastomer market is fragmented in nature with the dominance of a few large players and the existence of many local players. Some of the major players in the market include (not in any particular order) BASF SE, Celanese Corporation, DOW, Solvay, and DuPont, among others.

Medical Elastomers Market Leaders

  1. DOW

  2. BASF SE

  3. Solvay

  4. Celanese Corporation

  5. DuPont

  6. *Disclaimer: Major Players sorted in no particular order
Medical Elastomers Market  Concentration
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Medical Elastomers Market News

  • Feb 2022 : Celanese announced to acquire thermoplastics and elastomers units of DuPont's business segment (Mobility and Materials). This acquistion will expand the Celanese's product portfolio and production capacities in terms of thermoplastics and elastomers which inturn will reflect in increase in supply of medical elastomers.

Medical Elastomers Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Rise in Demand for Safe and Halogen-free Polymers
    • 4.1.2 Other Drivers
  • 4.2 Restraints
    • 4.2.1 Decreasing Usage of Single-Use Devices
    • 4.2.2 Increases Prices of SIlicone
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Consumers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition

5. MARKET SEGMENTATION

  • 5.1 Type
    • 5.1.1 Thermoplastic Elastomer
    • 5.1.1.1 Styrenic Block Copolymers (SBC)
    • 5.1.1.2 Thermoplastic Polyurethane (TPU)
    • 5.1.1.3 Plasticized Polyvinyl Chloride (PVC)
    • 5.1.1.4 Thermoplastic Vulcanizate (TPV)
    • 5.1.1.5 Other Thermoplastic Elastomers
    • 5.1.2 Thermoset Elastomer
    • 5.1.2.1 Silicones
    • 5.1.2.1.1 Liquid silicone rubber (LSR)
    • 5.1.2.1.2 High consistency rubber (HCR)
    • 5.1.2.1.3 Other Silicones
    • 5.1.2.2 Natural Rubber (Latex)
    • 5.1.2.3 Butyl Rubber
    • 5.1.2.4 Other Thermoset Elastomers
  • 5.2 Application
    • 5.2.1 Medical Tubes
    • 5.2.2 Catheters
    • 5.2.3 Syringes
    • 5.2.4 Non-wovens and Films
    • 5.2.5 Gloves
    • 5.2.6 Medical Bags
    • 5.2.7 Implants
    • 5.2.8 Other Applications
  • 5.3 Geography
    • 5.3.1 Asia-Pacific
    • 5.3.1.1 China
    • 5.3.1.2 India
    • 5.3.1.3 Japan
    • 5.3.1.4 South Korea
    • 5.3.1.5 Rest of Asia-Pacific
    • 5.3.2 North America
    • 5.3.2.1 United States
    • 5.3.2.2 Canada
    • 5.3.2.3 Mexico
    • 5.3.3 Europe
    • 5.3.3.1 Germany
    • 5.3.3.2 United Kingdom
    • 5.3.3.3 Italy
    • 5.3.3.4 France
    • 5.3.3.5 Rest of Europe
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle-East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 South Africa
    • 5.3.5.3 Rest of Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share (%)**/Ranking Analysis
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 Arkema Group
    • 6.4.2 AVANTOR Inc.
    • 6.4.3 Avient
    • 6.4.4 BASF SE
    • 6.4.5 Biomerics
    • 6.4.6 Celanese Corporation
    • 6.4.7 Covestro AG
    • 6.4.8 DOW
    • 6.4.9 DSM
    • 6.4.10 DuPont de Nemours inc.
    • 6.4.11 Eastman Chemical Company
    • 6.4.12 ExxonMobil Corporation
    • 6.4.13 Foster Corporation
    • 6.4.14 Hexpol AB
    • 6.4.15 Kraton Corporation
    • 6.4.16 Kuraray Co.Ltd.
    • 6.4.17 Momentive
    • 6.4.18 Romar
    • 6.4.19 RTP Company
    • 6.4.20 Solvay
    • 6.4.21 Sumitomo Rubber Industries Ltd.
    • 6.4.22 Tekni-Plex
    • 6.4.23 Teknor Apex
    • 6.4.24 The Rubber Group
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Introduction of Bio-based Thermoplastic Elastomer in Market
**Subject to Availability
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Medical Elastomers Industry Segmentation

Elastomers are major of two types - thermoset elastomers and thermoplastic elastomers. The thermoset elastomers cannot be melted and retain their structure while thermoplastic elastomers can be melted to mold into different shapes. The medical elastomer market is segmented by type into thermoplastic elastomer and thermoset elastomer. On basis of application, the market is segmented into medical tubes, catheters, syringes, non-wovens and films, gloves, medical bags, implants, and other applications. The report also covers the market sizes and forecasts for Medical Elastomers Market in 15 countries across major regions. For each segment, the market sizing and forecasts have been done based on volume (in kilo tons).

Type Thermoplastic Elastomer Styrenic Block Copolymers (SBC)
Thermoplastic Polyurethane (TPU)
Plasticized Polyvinyl Chloride (PVC)
Thermoplastic Vulcanizate (TPV)
Other Thermoplastic Elastomers
Thermoset Elastomer Silicones Liquid silicone rubber (LSR)
High consistency rubber (HCR)
Other Silicones
Natural Rubber (Latex)
Butyl Rubber
Other Thermoset Elastomers
Application Medical Tubes
Catheters
Syringes
Non-wovens and Films
Gloves
Medical Bags
Implants
Other Applications
Geography Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
Italy
France
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle-East and Africa Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Medical Elastomers Market Research FAQs

How big is the Medical Elastomers Market?

The Medical Elastomers Market size is expected to reach 3.75 million tons in 2025 and grow at a CAGR of 7.12% to reach 5.29 million tons by 2030.

What is the current Medical Elastomers Market size?

In 2025, the Medical Elastomers Market size is expected to reach 3.75 million tons.

Who are the key players in Medical Elastomers Market?

DOW, BASF SE, Solvay, Celanese Corporation and DuPont are the major companies operating in the Medical Elastomers Market.

Which is the fastest growing region in Medical Elastomers Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Medical Elastomers Market?

In 2025, the Asia-Pacific accounts for the largest market share in Medical Elastomers Market.

What years does this Medical Elastomers Market cover, and what was the market size in 2024?

In 2024, the Medical Elastomers Market size was estimated at 3.48 million tons. The report covers the Medical Elastomers Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Medical Elastomers Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Medical Elastomers Industry Report

Statistics for the 2025 Medical Elastomers market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Medical Elastomers analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.