Market Research Future has a half cooked research report on global ultra-high molecular weight polyethylene market which is growing rapidly and expected to continue its growth till the end of 2022.
Taste the market data and market information presented through more than 50 market data tables and figures spread over 85 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Ultra High Molecular Weight Polyethylene Market Research Report – Forecast to 2022.”
Global ultra-high molecular weight polyethylene (UHMWPE) market is expected to reach USD 2.10 billion by 2022, according to MRFR’s analysis. , Properties of ultra-high molecular weight polyethylene such as high effect quality, low grinding coefficient, high adaptability and low reactivity to chemicals & additives makes it favorable for various applications across several industries. Increasing demand for joint replacement surgeries and PPE market is also expected to drive the global industry. Government initiatives to provide superior personal protective equipment and anti-ballistic protection to military and law enforcement are expected to develop the global market of ultra-high molecular weight polyethylene. High price of this market as compared to other polymers is expected to remain a key challenge for growth of the same.
Medical & prosthetics was the major application and accounted for over 25% of total ultra-high molecular weight polyethylene market volume in 2015 and expected to grow at the CAGR of 11.5% from 2016 to 2022. Demand in fiber application is anticipated to increase at CAGR of 11.3% from 2016 to 2022.
Companies such Cleanese Corporation, Royal Dsm, Braskem, Honeywell International, Toyobo Co. Ltd.,
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Mitsui Chemicals, Lyondellbasell, Asahi Kasei Advanced Corporation, Argosy International Inc., and Teijin Group have adopted expansion strategies to increase their presence in the market. Most of the companies have invested in R&D amenities to discover advancements and innovative special trading that are eco-friendly, and extremely sensitive to surrounding with less utilization of expensive & harmful raw materials.
The Global Ultra-High-Molecular-Weight Polyethylene Market is majorly segmented on the basis of application. Based on the Application the market is segmented into Medical grade & prosthetics, Filtration, Batteries, Fibers, Additives, Membranes and Others.
Brief TOC for Ultra High Molecular Weight Polyethylene:
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat of New Entrants
4.1.2 Bargaining power of buyers
4.1.3 Threat of substitutes
4.1.4 Segment rivalry
4.2 Value Chain/Supply Chain of Global Ultra-High-Molecular-Weight Polyethylene Market
5 Industry Overview of Global Ultra-High-Molecular-Weight Polyethylene Market
5.2 Growth Drivers
5.3 Impact analysis
5.4 Market Challenges
5.5 Impact analysis
Global Ultra-High-Molecular-Weight Polyethylene Players:
The major participants of this market are: Akzo Nobel N.V., Autonomic Materials Inc., BASF SE, DOW Chemical Company, E. I. du Pont de Nemours and Company, Evonik Industries AG, High Impact Technology, Honeywell International, Inc., Huntsman International LLCand MacDermid Autotype Ltd.
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Asia Pacific region is expected to maintain its dominance in the global market. The contribution of China, Japan and India in the growth of this market is expected to boost the Asia Pacific ultra-high-molecular-weight polyethylene market. Other emerging markets are North America, Europe and Middle East countries. Asia Pacific has the largest market share of global ultra-high molecular weight polyethylene, followed by Europe and rest of the world.
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