CHICAGO, Aug. 15, 2024 /PRNewswire/ -- The report
"UHMW PE Market by Form (Sheets, Rods &
Tubes, Fibers, Films), Application (Prosthetics, Filtration,
Batteries, Fabrics), End-Use Industry (Aerospace, Defense,
Shipping, Healthcare & Medical, Mechanical Equipment), and
Region - Global Forecast to 2029", size is projected to grow
from USD 2.2 billion in 2024 to
USD 3.4 billion by 2029, registering
a CAGR of 9.5% during the forecast period. The growth of the UHMW
PE market is fuelled by its various reasons such as its
characteristics like low moisture absorption, enhanced durability
& low friction, its environmental advantages and regulatory
considerations like being FDA (Food & Drug Administration)
approved, making it suitable for human consumption as well.
Browse in-depth TOC on "UHMW PE Market"
220 – Tables
52 – Figures
180 –
Pages
Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=257883188
Filtration, by application, is expected to be the second
largest segment during the forecast period.
UHMW PE is widely used for filtration, they are made in
microporous material having tiny holes, making it suitable for the
process of filtration. Tiny holes are helpful in separation of
liquids and gases by trapping large particles in it. UHMW PE
changes into a viscoelastic melt when heated above its crystalline
melting point. In this process, the external form of the polymer
particles is substantially retained, and only the surface of the
individual polymer particles fuses at the contact points, forming a
porous network. High tensile strength, chemical resistance and low
moisture absorption make it an ideal choice for the filtration.
Request Sample Pages:
https://www.marketsandmarkets.com/requestsampleNew.asp?id=257883188
Healthcare & Medical is anticipated to be the second
largest segment, by end-use industry, during the forecast
period.
UHMW PE has physical and mechanical properties such as high
abrasion resistance, impact toughness, biocompatibility and
corrosion & chemical resistance. It is also resistant to cyclic
fatigue and radiation. These properties make UHMW PE a preferred
choice in manufacturing artificial implants. The rise in demand for
UHMW PE is seen due to rise in aging population, chronic disease
and technological advancements in medical industry. UHMW PE is also
engineered to be used in cardiovascular and orthopedic surgery
procedures. The suture is prepared from a UHMW PE material that is
strong and durable. Healthcare industry prioritizes human safety
and comfort in long run, which increases the demand for durable
UHMW PE.
North America is expected to
be the fastest-growing region in the global UHMW PE market, by
region, during the forecast period.
North America is one of the
largest markets globally and provides significant opportunities for
UHMW PE manufacturers. This region includes the Countries such as
US, Canada and Mexico. Several factors, including rise in
demand for orthopedic implant, aircraft components, rising adoption
of lightweight materials, high investment of government for
infrastructure and the growing population, are expected to drive
the UHMW PE market in this region.
Request Customization:
https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=257883188
Key Market Players
To enable an in-depth understanding of the competitive
landscape, the report includes the profiles of some of the top
players in the UHMW PE market. These are as Braskem (Brazil), Celanese Corporation (US),
LyondellBasell Industries N.V. (Netherlands), Dsm-firmenich (Netherlands), Asahi Kasei Corporation
(Japan), Avient Corporation (US),
Mitsui Chemicals (Japan), Korea
Petrochemical Ind Co., Ltd (South
Korea), Teijin Limited (Japan), and Honeywell International Inc. (US)
and many others.
Browse Adjacent Market: Resins and Polymers Market
Research Reports
Related Reports:
Plastic Films & Sheets Market - Global
Forecast to 2028
Medical Tubing Market - Global Forecast to
2028
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one
of America's best management consulting firms by
Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth
consulting and program management, leveraging a man-machine
offering to drive supernormal growth for progressive organizations
in the B2B space. We have the widest lens on emerging technologies,
making us proficient in co-creating supernormal growth for
clients.
Earlier this year, we made a formal transformation into one of
America's best management consulting firms as per a survey
conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are
substituting existing revenue streams in this decade alone. We work
with clients on growth programs, helping them monetize this
$25 trillion opportunity through our
service lines - TAM Expansion, Go-to-Market (GTM) Strategy to
Execution, Market Share Gain, Account Enablement, and Thought
Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several
Forbes Global 2000 B2B companies - helping them stay relevant in a
disruptive ecosystem. Our insights and strategies are molded by our
industry experts, cutting-edge AI-powered Market Intelligence
Cloud, and years of research. The KnowledgeStore™ (our Market
Intelligence Cloud) integrates our research, facilitates an
analysis of interconnections through a set of applications, helping
clients look at the entire ecosystem and understand the revenue
shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or
follow us
on Twitter, LinkedIn and Facebook.
Contact:
Mr. Rohan
Salgarkar
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight:
https://www.marketsandmarkets.com/ResearchInsight/ultra-high-molecular-weight-polyethylene-market.asp
Visit Our Website: https://www.marketsandmarkets.com/
Content Source:
https://www.marketsandmarkets.com/PressReleases/ultra-high-molecular-weight-polyethylene.asp
Logo:
https://mma.prnewswire.com/media/1951202/4609423/MarketsandMarkets.jpg
View original
content:https://www.prnewswire.co.uk/news-releases/uhmw-pe-market-worth-3-4-billion-by-2029--exclusive-report-by-marketsandmarkets-302222116.html