IOTA corporation ltd
Hits: 861 img
Silicone rubber is an important medical polymer material, mainly used in the field of medical catheters. The aging process of our country's population has stimulated the demand for medical silicone, and the market share of high-end medical equipment has gradually expanded. In addition, the development of the medical aesthetics industry and artificial organs provides room for growth in the proportion of medical silicones in medical polymer materials.
According to the calculations of CITIC Securities, from the overall medical/personal care silicone market share, the medical/personal care silicone market will be around 4.5 billion yuan in 2020. It is estimated that the medical silicone market will reach 18 billion yuan in the future. The 5-year CAGR is 20.99%.
