ALL >> Business >> View Article
Ultra-high Molecular Weight Polyethylene Market Projected To Grow At A High Cagr Of 9.1% By 2026, Finds Marketsandmarkets™
The report "Ultra-High Molecular Weight Polyethylene Market by Form (Sheets, Rods & Tubes, Fibers, Films, Tapes), End-Use Industry (Aerospace, Defense & Shipping, Healthcare & Medical, Mechanical Equipment, Consumer Goods), Region - Global Forecast to 2027", is estimated to be USD 1.8 billion in 2022 and is projected to reach USD 2.8 billion by 2027, at a CAGR of 9.1%. The increasing demand from the aerospace & defense industry, orthopedic implants, and government initiatives in various countries such as India and China, play a key role in driving the growth for UHMW PE market. In addition, increasing R&D, mass production of ballistic fibers, and compliance with various legal and administrative bodies is expected to create opportunities in the market.
Get an Exclusive PDF Sample Copy of This Report at https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=257883188
The sheet segment is estimated to lead the UHMW PE market in 2022
The sheets segment is estimated to account for the largest share of the UHMW PE market in 2022 by form. The increasing use of sheets in aerospace, defense, ...
... & shipping industries for the manufacture of aircraft interiors and in mechanical equipment industries for the manufacture of conveyor belts are the factors that lead to the largest share of sheets in UHMW PE market.
Healthcare & Medical is the fastest growing end-use industry of the UHMW PE market in 2022
The healthcare & medical segment is expected to grow at the highest CAGR in 2022. High demand of UHMW PE for the manufacturing of orthopedic implants and parts for medical devices such as cardiovascular devices, due to excellent properties such as high strength-to-weight ratio, self-lubrication, and impact resistance. These factors are expected to drive the demand for UHMW PE in the healthcare & medical industry.
If You Want To Know More About Report Before Buying at https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=257883188
Asia Pacific is expected to be the fastest-growing region in the UHMW PE market during the forecast period
The Asia Pacific is projected to be the fastest-growing segment between 2022 and 2027. China and Japan together accounted for the major share of the Asia Pacific UHMW PE market in 2022. The Asia Pacific region is emerging as a lucrative market for UHMW PE, owing to fast industrial development and improving economic conditions. In addition, the growth of the medical industry, mechanical equipment industry, presence of various mechanical component manufacturing plants in China, and rapid industrialization in the Asia Pacific is expected to drive the UHMW PE market.
Request Customized Report as Per Your Requirements at https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=257883188
Celanese Corporation (US), Royal DSM N.V. (Netherlands), LyondellBasell Industries N.V. (Netherlands), Braskem S.A (Brazil), Asahi Kasei Corporation, (Japan), Korea Petrochemicals Ind. Co., Ltd. (China), DuPont De Nemours Inc. (US), Mitsui Chemicals, Inc. (Japan), Honeywell International, Inc. (US), and Teijin Limited (Japan) and others are key players in the UHMW PE market.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high-growth niche opportunities/threats which will impact 70% to 80% of worldwide companies revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenue decisions.
Our 850 full-time analyst and SMEs at MarketsandMarkets™ are tracking global high-growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, and identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge store" connects over 200,000 markets and entire value chains for a deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Add Comment
Business Articles
1. Finding A Trusted Sustainability Consultant In Abu DhabiAuthor: Agile Advisors
2. Iso Certification In Dubai – Advantages For Business
Author: Agile Advisors
3. Best Forex Brokers List | Best Broker For Forex Trading 2024
Author: Top Forex Brokers Review
4. Celebrate Achievements With Customized, High-quality Awards From Trophy Deals
Author: Trophy Deals
5. Is 100% Company Ownership Possible For Expats In Saudi Arabia?
Author: jodonjo
6. We Are Hiring: Senior Executive - Indirect Taxation In Gurgaon!
Author: tanvir Khan
7. Ceratec Tower 1o8: The Eventual Fate Of Business Greatness In Balewadi, Pune
Author: Tarun
8. Enrofloxacin Manufacturer: Swisschemie
Author: Swisschemie
9. Ultimate Guide To Hotels In Mussoorie: Discover The Best Places To Stay, Including Hr Hotels And Resorts
Author: Hr Hotels and Resort
10. How Quickly Do Fast Cash Loans Online Pay Out Cash On The Same Day?
Author: Lucy Lloyd
11. Leading Digital Marketing Agency In Hyderabad And Unlock Your Brand’s Potential With Sanbrains Agency
Author: Sanbrains Seo
12. Celebrate Success With Customized Awards From Trophy Deals
Author: Trophy Deals
13. Title: Choosing The Right Humidity Stability Chamber Supplier For Your Manufacturing Needs
Author: bio gene
14. Complete Guide To Studying Mbbs In Poland
Author: Mbbs Blog
15. What Is The Process For Locating The Best Lender For Short Term Loans Online?
Author: Robert Miller