Polymethylpentene (PMP) Market Thrives in Competitive Scenario

Global Polymethylpentene Market was valued at US $ 1602 Mn in 2022 and is expected to reach US $ 1943.3 Mn by 2030 growing at a CAGR of 7.9% during the forecast period 2023 – 2030.
Manufacturers have capitalized on PMP's lightweight nature, utilizing it in the production of diverse products, including laboratory equipment, medical devices, and consumer goods. The demand for PMP in the healthcare sector has particularly surged, owing to its biocompatibility, transparency, and resistance to chemicals. Medical professionals increasingly prefer PMP for applications such as surgical instruments, diagnostic equipment, and pharmaceutical packaging.