BUSINESS: Insights On The Ultra-High Molecular Weight Polyethylene Global Market To 2026 – Increasing Geriatric Population Coupled With Increased Demand For Orthopaedic Implants Is Driving Growth – ResearchAndMarkets.com

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By Daniel Webster, dWeb.News Publisher

DUBLIN–(BUSINESS WIRE)–The “Global Ultra-High Molecular Weight Polyethylene Market, By Form, By Application, By End-Use Industry, By Region, Estimation & Forecast, 2016 – 2026” report has been added to ResearchAndMarkets.com’s offering.

The global Ultra-High Molecular Weight Polyethylene (UHMWPE) market accounted for a market value of USD 1,795.8 Million in 2020 and is forecasted to reach USD 3,815.1 Million by the year 2026. The market is anticipated to register a CAGR of 13.4% during the projected period. The amount of UHMWPE sold in 2020 was 134. 13 kilo tons.

Ultra High Molecular Weight Polyethylene, also known as high module polyethylene, is a subset the thermoplastic polyethylene. Market growth is expected to be driven by an increasing number of elderly people and increased demand for orthopaedic implant. Market growth is expected to be driven by the wide range of UHMWPE applications and growing demand for electric cars.

However substitutes like polyoxymethylene and urethane, fluorpolymers and polycarbonate are likely to hinder market growth. Market growth will also be affected by volatile raw material prices and low melting points.

Growth Influencers

An increasing geriatric population and increased demand for orthopaedic implant

is driving the use of ultra-high molecularweight polyethylene in the medical sector for the manufacturing of orthopaedic devices. The material is highly wear-resistant, biocompatible and ductile. Due to the high prevalence of orthopaedic conditions and the rising geriatric population, there is an increasing demand for UHMWPE. This will fuel the market growth over the forecast period.

Competitive Landscape:

Key players operating in the global Ultra-High Molecular Weight Polyethylene market include Celanese Corporation, The Mitsubishi Chemical Advanced Materials Group of Companies, LyondellBasell Industries B.V., Dow, Inc., Braskem S.A., Mitsui Chemicals, Asahi Kasei Advance Corporation, Crown Plastics Co. Inc., Global Polymers, Garland Manufacturing, Dotmar EPP Pty. Ltd, Redwood Plastics & Rubber and A&C Plastics are some of the key players in the global Ultra-High Molecular Weight Polyethylene market. These market leaders are involved in mergers and acquisitions, new product launches, and collaborations to increase their market presence. For instance, in June 2021, Mitsubishi Chemical Advanced Materials launched a new group of thermoplastic polymers, the VMX portfolio, which are metal, visually, and X-Ray detectable. These products include Nylatron VMXPA6, Acetron VMX VMX POM-C, Ketron VMX EEK, Acetron VMX VMX UHMW–PE, TIVAR VMX VMX-PE, Nylatron VMX PA6. All these products were available for sale in North America from 1st August 2021 and in Europe from 14th June 2021.

Key Questions Answered:

What is the market size and forecast of the Global Ultra-High Molecular Weight Polyethylene Market?
What are the inhibiting factors and impact of COVID-19 on the Global Ultra-High Molecular Weight Polyethylene Market during the assessment period?
Which are the products/segments/applications/areas to invest in over the assessment period in the Global Ultra-High Molecular Weight Polyethylene Market?
What are the strategic opportunities for the Global Ultra High Molecular Weight Polyethylene Market’s competitive market?
What technology trends and regulatory frameworks are in the Global Ultra High Molecular Weight Polyethylene Market.
How large is the market share for the top players in the Global Ultra High Molecular Weight Polyethylene Market
Which strategic and tactical moves are favorable to enter the Global Ultra High Molecular Weight Polyethylene Market

Key Topics Covered:

Chapter 1. Research Framework

Chapter 2. Research Methodology

Chapter 3. Executive Summary: Global Ultra High Molecular Weight Polyethylene Market Chapter 4. Global Ultra-High Molecular Weight Polyethylene Market Overview Chapter 6. Analyse the Ultra-High Molecular Weight of Polyethylene Market, By Form Chapter 6. Analyse the Ultra-High Molecular Weight of Polyethylene Market, By End Use Industry Chapter 7. Ultra-High Molecular Weight Polyethylene Market Analysis, By Application

Chapter 8. Ultra-High Molecular Weight Polyethylene Market Analysis, By Region/Country

Chapter 9. North America Ultra-High Molecular Weight Polyethylene Market Analysis

Chapter 10. Europe Ultra-High Molecular Weight Polyethylene Market Analysis

Chapter 11. Asia Pacific Ultra-High Molecular Weight Polyethylene Market Analysis

Chapter 12. Middle East Ultra-High Molecular Weight Polyethylene Market Analysis

Chapter 13. Africa Ultra-High Molecular Weight Polyethylene Market Analysis

Chapter 14. South America Ultra-High Molecular Weight Polyethylene Market Analysis

Chapter 15. Company Profile

For more information about this report visit https://www.researchandmarkets.com/r/nh4xd1

More dWeb.News Business News at https://dweb.news/category/dweb-news/section-b-business-news/

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