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Ultra-High Molecular Weight Polyethylene Market Worth 2.16 Billion USD by 2021


News provided by

MarketsandMarkets

02 May, 2017, 11:30 GMT

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PUNE, India, May 2, 2017 /PRNewswire/ --

The report "Ultra-High Molecular Weight Polyethylene Market by Form (Sheets, Rods & Tubes), End-Use Industry (Aerospace, Defense, & Shipping, Healthcare & Medical, Mechanical Equipment), Region - Global Forecast to 2021", published by MarketsandMarkets™, the market is projected to reach USD 2.16 Billion by 2021, at a CAGR of 9.9% from 2016 to 2021.

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Browse 102 market data Tables and 83 Figures spread through 177 Pages and in-depth TOC on "Ultra-High Molecular Weight Polyethylene Market"

http://www.marketsandmarkets.com/Market-Reports/ultra-high-molecular-weight-polyethylene-market-257883188.html
Early buyers will receive 10% customization on this report.

This growth is mainly attributed to the increasing demand for UHMW PE from the healthcare & medical industry worldwide due to its properties such as self-lubrication, biocompatibility, and impact resistance.

Request for Sample PDF of Report @ http://www.marketsandmarkets.com/pdfdownload.asp?id=257883188

Sheets segment estimated to lead the UHMW PE market in 2016 

By form, the sheets segment is estimated to account for a major share of the UHMW PE market in 2016. This large share is mainly attributed to the extensive use of sheets in the aerospace, defense, & shipping industries for the manufacture of aircraft interiors & mechanical equipment industries for the manufacture of conveyer belts. Rods & tubes are the second most used form of UHMW PE used majorly in the mechanical equipment industry.

Healthcare & medical end-use industry segment expected to lead the UHMW PE market by 2021 

By end-use industry, the healthcare & medical segment is estimated to account for a major share of the UHMW PE market in 2016. In the healthcare & medical industry, there is a high demand for UHMW PE for the manufacture of orthopedic implants and parts for medical devices due to properties such as high strength to weight ratio, self-lubrication, and impact resistance. The growing demand for orthopedic implants from developed countries is expected to fuel the growth of the UHMW PE market globally.

The North American region is expected to lead the global UHMW PE market during the forecast period 

By region, North America is estimated to account for the largest share of the global Ultra-High Molecular Weight Polyethylene Market in 2016, and the U.S. is estimated to account for the largest market share in 2016. The growing aerospace, defense & shipping, and healthcare & medical industry in the North American region is driving the demand for UHMW PE.

Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=257883188

Braskem S.A. (Brazil), Celanese Corporation (U.S.), LyondellBasell Industries N.V. (Netherlands), Koninklijke DSM N.V. (Netherlands), Asahi Kasei Corporation (Japan), Mitsui Chemicals, Inc. (Japan), Quadrant Engineering Plastic Products AG (Switzerland), E. I. Du Pont De Nemours and Company (U.S.), Honeywell International, Inc. (U.S.), Toyobo Co., Limited (Japan), and Rochling Engineering Plastics SE & Co. KG (Germany) are some of the key players in the global UHMW PE market.

Browse Related Reports: 

Polyamide Market by Application (Engineering Plastics, Fiber), Type (PA 6, PA 66, Bio-based & Specialty Polyamides), and Region (Asia-Pacific, North America, Europe, Middle East & Africa, South America) - Global forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/global-nylon-market-930.html

Subscribe Reports from Chemicals & Materials Domain http://www.marketsandmarkets.com/Knowledgestore.asp

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 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime 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, 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, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


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MarketsandMarkets™
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Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com

Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical

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