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The Asia Pacific PETG for Medical market size was valued at US$ 217.6 million in 2024 and is projected to reach US$ 312.4 million by 2030, at a CAGR of 6.2% during the forecast period 2024-2030.
PETG for medical applications is a high-performance, transparent thermoplastic used in the healthcare industry for medical device components, packaging, and laboratory equipment due to its excellent chemical resistance and sterilizability.
The Asia Pacific PETG for Medical market is growing rapidly, driven by expanding healthcare infrastructure and increasing demand for safe, durable medical plastics. Japan leads with a 35% market share, followed by China at 30% and South Korea at 20%. In 2023, medical device components accounted for 45% of the market, with packaging at 35% and laboratory equipment at 15%. The market experienced a 15% growth in demand for PETG in single-use medical devices due to its compatibility with various sterilization methods. Key players include Eastman Chemical Company (USA) and SK Chemicals (South Korea), collectively holding a 60% market share in the region. The industry is investing in specialty grades, with an 18% increase in R&D spending on antimicrobial PETG formulations in 2023. Challenges include stringent regulatory requirements, leading to a 10% rise in compliance-related costs. The trend towards home healthcare has driven a 20% increase in PETG use for portable medical equipment. The market is benefiting from the growth of the medical tourism industry in countries like Thailand and Malaysia, with a 25% rise in demand for PETG-based disposable medical supplies.
Report Includes
This report is an essential reference for who looks for detailed information on Asia Pacific PETG for Medical. The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Asia Pacific major vendors¡¯ information. In addition to the data part, the report also provides overview of PETG for Medical, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.
This report aims to provide a comprehensive presentation of the Asia Pacific PETG for Medical, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding PETG for Medical. This report contains market size and forecasts of PETG for Medical in Asia Pacific, including the following market information:
We surveyed the PETG for Medical manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
• China
• India
• Japan
• South Korea
• Australia
• Thailand
• Indonesia
• Extruded Grade
• Injection Molding Grade
• Blow Molding Grade
• Diagnostic
• Therapeutic
• Clinical
• Pharmaceutical
• Covestro AG
• Eastman Chemical Company
• SK Chemicals Co., Ltd.
• SABIC
• Teijin Limited
• Mitsubishi Chemical Corporation
• Lotte Chemical Corporation
• Jiangsu Hengrui Medicine Co., Ltd.
• Chi Mei Corporation
• LG Chem Ltd.
Including or excluding key companies relevant to your analysis.
The report also provides analysis of leading market participants including:
• Key companies PETG for Medical revenues in Asia Pacific market, 2019-2024 (Estimated), ($ millions)
• Key companies PETG for Medical revenues share in Asia Pacific market, 2023 (%)
• Key companies PETG for Medical sales in Asia Pacific market, 2019-2024 (Estimated),
• Key companies PETG for Medical sales share in Asia Pacific market, 2023 (%)
Key Points of this Report:
• The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis
• The report covers Asia Pacific and country-wise market of PETG for Medical
• It describes present situation, historical background and future forecast
• Comprehensive data showing PETG for Medical capacities, production, consumption, trade statistics, and prices in the recent years are provided
• The report indicates a wealth of information on PETG for Medical manufacturers
• PETG for Medical forecast for next five years, including market volumes and prices is also provided
• Raw Material Supply and Downstream Consumer Information is also included
• Any other user's requirements which is feasible for us
Reasons to Purchase this Report:
• Analyzing the outlook of the market with the recent trends and SWOT analysis
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
• Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
• Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
• Distribution Channel sales Analysis by Value
• Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
• 1-year analyst support, along with the data support in excel format.
1.1 Product Overview and Scope of PETG for Medical
1.2.1 Asia Pacific Market Size YoY Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Extruded Grade
1.2.3 Injection Molding Grade
1.2.4 Blow Molding Grade
1.3.1 Asia Pacific Market Size YoY Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Diagnostic
1.3.3 Therapeutic
1.3.4 Clinical
1.3.5 Pharmaceutical
1.4 Asia Pacific Market Growth Prospects
1.4.1 Asia Pacific Revenue Estimates and Forecasts (2019-2030)
1.4.2 Asia Pacific Production Estimates and Forecasts (2019-2030)
2.1 Industry Trends
2.1.1 SWOT Analysis
2.1.2 PESTEL Analysis
2.1.3 Porter’s Five Forces Analysis
2.2 Potential Market and Growth Potential Analysis
3.1 Asia Pacific Production by Manufacturers (2019-2023)
3.2 Asia Pacific Revenue Market Share by Manufacturers (2019-2023)
3.3 Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Asia Pacific Average Price by Manufacturers (2019-2023)
3.5 Manufacturers Production Sites, Area Served, Product Type
3.6 Market Competitive Situation and Trends
3.6.1 Market Concentration Rate
3.6.2 Asia Pacific 5 and 10 Largest Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4.1 Asia Pacific Production
4.1.1 Asia Pacific Production YoY Growth Rate (2019-2023)
4.1.2 Asia Pacific Production, Revenue, Price and Gross Margin (2019-2024)
5.1 Asia Pacific
5.1.1 Asia Pacific Consumption by Country
5.1.2 Asia Pacific Sales, Consumption, Export, Import (2019-2023)
5.1.1 China
5.2.2 India
5.3.3 Japan
5.4.4 South Korea
5.5.5 Australia
5.6.6 Thailand
5.7.7 Indonesia
6.1 Asia Pacific Production Market Share by Type (2019-2024)
6.2 Asia Pacific Revenue Market Share by Type (2019-2024)
6.3 Asia Pacific Price by Type (2019-2024)
7.1 Asia Pacific Production Market Share by Application (2019-2024)
7.2 Asia Pacific Revenue Market Share by Application (2019-2024)
7.3 Asia Pacific Price by Application (2019-2024)
8.1 Covestro AG
8.1.1 Covestro AG Corporation Information
8.1.2 Covestro AG Product Portfolio
8.1.3 Covestro AG Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.1.4 Covestro AG Main Business and Markets Served
8.1.5 Covestro AG Recent Developments/Updates
8.2 Eastman Chemical Company
8.2.1 Eastman Chemical Company Corporation Information
8.2.2 Eastman Chemical Company Product Portfolio
8.2.3 Eastman Chemical Company Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.2.4 Eastman Chemical Company Main Business and Markets Served
8.2.5 Eastman Chemical Company Recent Developments/Updates
8.3 SK Chemicals Co., Ltd.
8.3.1 SK Chemicals Co., Ltd. Corporation Information
8.3.2 SK Chemicals Co., Ltd. Product Portfolio
8.3.3 SK Chemicals Co., Ltd. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.3.4 SK Chemicals Co., Ltd. Main Business and Markets Served
8.3.5 SK Chemicals Co., Ltd. Recent Developments/Updates
8.4 SABIC
8.4.1 SABIC Corporation Information
8.4.2 SABIC Product Portfolio
8.4.3 SABIC Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.4.4 SABIC Main Business and Markets Served
8.4.5 SABIC Recent Developments/Updates
8.5 Teijin Limited
8.5.1 Teijin Limited Corporation Information
8.5.2 Teijin Limited Product Portfolio
8.5.3 Teijin Limited Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.5.4 Teijin Limited Main Business and Markets Served
8.5.5 Teijin Limited Recent Developments/Updates
8.6 Mitsubishi Chemical Corporation
8.6.1 Mitsubishi Chemical Corporation Corporation Information
8.6.2 Mitsubishi Chemical Corporation Product Portfolio
8.6.3 Mitsubishi Chemical Corporation Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.6.4 Mitsubishi Chemical Corporation Main Business and Markets Served
8.6.5 Mitsubishi Chemical Corporation Recent Developments/Updates
8.7 Lotte Chemical Corporation
8.7.1 Lotte Chemical Corporation Corporation Information
8.7.2 Lotte Chemical Corporation Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.7.3 Lotte Chemical Corporation Main Business and Markets Served
8.7.4 Lotte Chemical Corporation Recent Developments/Updates
8.8 Jiangsu Hengrui Medicine Co., Ltd.
8.8.1 Jiangsu Hengrui Medicine Co., Ltd. Corporation Information
8.8.2 Jiangsu Hengrui Medicine Co., Ltd. Product Portfolio
8.8.3 Jiangsu Hengrui Medicine Co., Ltd. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.8.4 Jiangsu Hengrui Medicine Co., Ltd. Main Business and Markets Served
8.8.5 Jiangsu Hengrui Medicine Co., Ltd. Recent Developments/Updates
8.9 Chi Mei Corporation
8.9.1 Chi Mei Corporation Corporation Information
8.9.2 Chi Mei Corporation Product Portfolio
8.9.3 Chi Mei Corporation Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.9.4 Chi Mei Corporation Main Business and Markets Served
8.9.5 Chi Mei Corporation Recent Developments/Updates
8.10 LG Chem Ltd.
8.10.1 LG Chem Ltd. Corporation Information
8.10.2 LG Chem Ltd. Product Portfolio
8.10.3 LG Chem Ltd. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.10.4 LG Chem Ltd. Main Business and Markets Served
8.10.5 LG Chem Ltd. Recent Developments/Updates
9.1 Key Raw Materials Analysis
9.1.1 Key Raw Materials
9.1.2 Key Suppliers of Raw Materials
9.2 Proportion of Manufacturing Cost Structure
9.3 Manufacturing Process Analysis of PETG for Medical
9.4 Industrial Chain Analysis
10.1 Marketing Channel
10.2 Distributors List
10.3 Customers
11.1 Industry Trends
11.2 Market Drivers
11.3 Market Challenges
11.4 Market Restraints
12.1 Asia Pacific Production, Revenue Forecast (2024-2030)
13.1 Asia Pacific Forecasted Consumption of by Country
14.1 Asia Pacific Production, Revenue and Price Forecast by Type (2024-2030)
14.1.1 Asia Pacific Forecasted Production of by Type (2024-2030)
14.1.2 Asia Pacific Forecasted Revenue of by Type (2024-2030)
14.1.3 Asia Pacific Forecasted Price of by Type (2024-2030)
14.2 Asia Pacific Production, Revenue and Price Forecast by Application (2024-2030)
14.2.1 Asia Pacific Forecasted Production of by Application (2024-2030)
14.2.2 Asia Pacific Forecasted Revenue of by Application (2024-2030)
14.2.3 Asia Pacific Forecasted Price of by Application (2024-2030)
16.1 Methodology/Research Approach
16.1.1 Research Programs/Design
16.1.2 Market Size Estimation
16.1.3 Market Breakdown and Data Triangulation
16.2 Data Source
16.2.1 Secondary Sources
16.2.2 Primary Sources
16.3 Author List
16.4 Disclaimer
17.1 Note
17.2 Examples of Clients
Frequently Asked Questions ?
