Global Ultra-High Molecular Weight Polyethylene Market 2017-2021

Overview of the global ultra-high molecular weight polyethylene market

Technavio's market research report identifies that the increasing use of ultra-high molecular weight polyethylene (UHMWPE)-based protection gear will be one of the primary growth drivers for the global UHMWPE market till 2021. Manufacturers are focusing on hard ballistic fibers made from UHMWPE to offer protective gear such as helmets, and body armor. Also, a soft ballistic fiber made from UHMW polyethylene is used in vests to protect soldiers from the impact of knives and handgun ammunitions. UHMWPE can absorb little water and is a hard, stiff, strong, and dimensionally stable material. It is also used for defense and military applications such as protective clothing and gear and facilitate self-extinguishing properties. Technavio's market research analysts predict that this market will grow at a CAGR of more than 9% by 2021.

One of the key trends that will gain traction in the ultra-high molecular weight polyethylene market in the forthcoming years is the rising demand for UHMWPE in 3D bone grafting. For instance, New York-based company EpiBone uses 3D technology to create artificial bones. A sample of fatty tissues along with the scanned images is used in this process. These cells are put into a bovine scaffold bone. This bone is later used to create a 3D printed bone model by placing it into a specially designed bioreactor. UHMWPE is used in the manufacturing of such artificial bones.

Competitive landscape and key vendors

The ultra-high molecular weight polyethylene market has many vendors. Small and medium players find it difficult to enter the market because it is highly capital-intensive. Also, major players are focusing on retaining their position by adopting strategic acquisition. Some of the suppliers have better technological, financial, and other resources in comparison to their competitor's. This enables them to withstand the changes in the market conditions.

Key vendors in this market are -

• Asahi Kasei
• Celanese Corporation
• Honeywell International
• LyondellBasell Industries
• Mitsui Chemicals
• Royal DSM

Other prominent vendors in the market include Artek, Braskem, CP Medical, Crown Plastics Company, Rochling Engineering Plastics, SABIC, Shandong Buoy & Pipe Industry, Quadrant Engineering Plastic Products, Teijin Group, and Toyobo.

Segmentation by application and analysis of the ultra-high molecular weight polyethylene market

• Membranes
• Filtration
• Additives
• Batteries
• Medical
• Fibers

The medical segment extensively prefers UHMWPE as an ideal material for the artificial joint replacement due to its features such as light-weight and tensile-strength that enable easy movement after the joint replacement surgery. The adoption of ultra-high molecular weight polyethylene sheet is increasing in the healthcare sector due to its suitability as a medical implant in hip and knee replacement surgeries.

Segmentation by geography and analysis of the ultra-high molecular weight polyethylene market

• Americas
• APAC
• Europe
• ROW

UHMWPE is extensively used for dental surgeries in the Americas. Mitsui Chemicals developed UHMWPE powder called MIPELON. It acts as an additive for compounding of rubbers and engineering UHMW plastic and is used to enhance the lubricity. The market for ultra-high molecular weight polyethylene will continue to grow in the region for the next four years due to the adoption of different forms of UHMWPE in various applications.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global ultra-high molecular weight polyethylene market?
• What are the key market trends impacting the growth of the global ultra-high molecular weight polyethylene market?
• What are the challenges to market growth?
• Who are the key vendors in the global ultra-high molecular weight polyethylene market?
• What are the market opportunities and threats faced by the vendors in the global ultra-high molecular weight polyethylene market?
• What are the trending factors influencing the market shares of the Americas, APAC, Europe, and ROW?
• What are the key outcomes of the five forces analysis of the global ultra-high molecular weight polyethylene market?

Technavio also offers customization on reports based on specific client requirement.

This forthcoming research report on the global ultra-high molecular weight polyethylene market offers insights into the major trends and forthcoming drivers influencing the growth of the chemicals and materials industry. Our reports for the chemicals and materials industry also follow a scrupulous data collection methodology and presents an analysis of fast growing market segments like plastics, polymers, and elastomers. 

Moreover, to achieve higher accuracy, our industry experts implement an extensive research approach of quantitative and qualitative data collection methods and assess the changing demand-supply landscape of the plastics, polymers, and elastomers sector. The key advantage gained from the adoption of this approach is better statistical models and vendor analysis. By considering the market forecast, size, and rising demand for multiple segments of the plastics, polymers, and elastomers sector, the market research professionals at Technavio present an all-inclusive picture of the ultra-high molecular weight polyethylene market from 2017 to 2021.

This forthcoming market research report on the ultra-high molecular weight polyethylene market also covers vendors like Braskem S.A., Celanese Corporation, and LyondellBasell. Furthermore, to offer clients the opportunity to identify potential markets and expand in niche markets, this report on the ultra-high molecular weight polyethylene market also covers geographies like the Americas, Asia-Pacific, Europe, and ROW.

The upcoming industry research report on the ultra-high molecular weight polyethylene market also categorizes the prominent drivers, major trends, along with the imminent restraints that the plastics, polymers, and elastomers sector currently experiences. This upcoming report on the ultra-high molecular weight polyethylene market also presents insights into the rapidly changing competitive landscape to give clients a complete picture of the upcoming events within the chemicals and materials industry. Technavio also offers in-depth market assessments into the sectors such as specialty chemicals, paints, coatings, and pigments, and olefins.

Our market research methodology for the ultra-high molecular weight polyethylene market

Technavio also offers clients the possibility to customize every report to suit their specific requirements and offers attractive discounts on all forthcoming reports and future purchases.