The Pivotal Study of Global UHMWPE Market – Market Synopsis, Industry Key Players, Market Tracking, Regional Forecast till 2026
- Base Year: 2018
- Estimated Year: 2019
- Forecast Period: 2019 to 2026
According to the report, the UHMWPE market is expected to grow from USD 1,020 million in 2019 to USD 1964 million by 2026, growing at a CAGR of 9.82% from 2019 to 2026.
Superior properties such as high impact strength, low friction coefficient, high flexibility and low reactivity to chemicals & additives make it favorable for the growth of the UHMWPE market. Surge in demand for joint replacement surgeries and PPE market are also expected to drive the global market. Government initiatives to provide superior personal protective equipment and anti-ballistic protection to military and law enforcement are anticipated to develop the market’s growth. However, high price compared to other polymers is projected to restrain the growth of the UHMWPE market.
UHMWPE is a subset of the thermoplastic polyethylene. It has extremely long chains resulting in a very tough material, with high impact strength. Its coefficient of friction is comparable to that of PTFE (Polytetrafluoroethylene) but it has better abrasion resistance. UHMPE is an outstanding bearing material with exceptional sliding properties and remains tough even at low temperatures.
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Major manufacturers profiled in the analysis report include Celanese (Ticona), Lyondellbasell, HiShiRon Industries Co., Ltd., Braskem, DSM, Asahi Kasei, Mitsui Chemicals, Sabic, Quadrant Polypenco Japan Ltd., Zhongke Xinxing, Shanghai Lianle, Teijin, Dupont, Artek, Inc, Fiber-line, and others.
In 2018, the global UHMWPE market was mainly concentrated in the threeregions of Asia-Pacific, North America and Europe, with the market share of 20.93%, 43.67% and 23.41% respectively, accounting for a total of 88.01%.
North America was the leading regional market due to presence of sophisticated healthcare infrastructure coupled with growing geriatric population base particularly in the U.S. Asia Pacific is expected to witness significant growth in the UHMWPE market over the forecast period, owing to the increasing healthcare spending and growth of major end-use industries in this region. With rise in development of emerging economies countries like China, India, and Brazil will contribute more amount of share in this market.
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The type of the UHMWPE market can be divided into Sheets, Rods & Tubes, and Other.
The application of the UHMWPE market is segmented into Pipes, attery Seperators, Fiber, and Other.
Ask for a discount at:
• UHMWPE manufacturers
• Raw material suppliers of UHMWPE
• Distributors and resellers of UHMWPE
• UHMWPE industry associations
• Product managers, UHMWPE industry administrator, C-level executives of the industries
• Market Research and consulting firms
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