Global Ultra High Molecular Weight Polyethylene Market 2016 TO 2022 | Global Key Player; Cleanese Corporation, Royal Dsm, Braskem, Honeywell International, Toyobo Co. Ltd., Mitsui Chemicals, Lyondellbasell, Asahi Kasei Advanced Corporation, Argosy Interna

Market Synopsis of Ultra-High-Molecular-Weight Polyethylene Market:

According to MRFR’s analysis, it is estimated that global ultra-high -molecular -weight polyethylene market size will be USD 1.90 billion in 2018 and its drivers are various industries such as, medical grade & prosthetics, filtration, batteries, fibers, additives, membranes and others. Medical grade & prosthetics was one of the largest application accounting to 25% in 2015 and is expected to grow at the CAGR of 11.5% which had started from 2016 and is expected to continue till 2022. Demand in fiber application is anticipated to increase at the CAGR of 11.3% till 2022 presently it is growing at this rate since 2016.

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Product Description

Ultra high molecular weight polyethylene (UHMWP) is also known as high-modulus polyethylene or high-performance polyethylene. It is a linear polyethylene with extensively large molecular weight ranging from 4 billion to 6 billion. Due to its high molecular weight it has various advanced physical and chemical properties like high impact resistance, high abrasion resistance, low co-efficient of friction etc. Due to these properties ultra-high molecular weight polyethylene is an ideal solution for reducing wear and friction in automotive, railroad, agriculture, medical, printing and packaging applications. Moreover due to its low coefficient of friction UHMWP is self-lubricating, and it replaces unwanted grease and oil during many applications.
Ultra-high molecular weight polyethylene is one of the most demanded among engineering plastics due to its applications in various end-user industries including transportation, energy, consumer goods, industrial coatings, electronics and others. Ultra-high-molecular weight polyethylene also known as nylon occurs in nature in the form of silk and wool and can be produced artificially through polymerization.

Almost 27% of the total polyamide demand was from the transportation segment in 2015, with consumer goods application was the fastest growing application segment. As an application, transportation is the largest segment of polyamide, primarily due to its high penetration in all regions and increased demand for lightweight polyamide from auto component manufacturers.

Study Objectives of Ultra High Molecular Weight Polyethylene Market:

• To study detail of global ultra-high-molecular-weight polyethylene market by application and by region for the forecasted period from present till 2022.

• To identify the market dynamics of ultra-high-molecular-weight polyethylene market with respect to drivers, restrains, opportunities and challenges.

• To analyze various factors like value chain analysis and Porters Five Forces model.

• To provide past and expected future revenue of market segment which includes APAC, North America, Europe and rest of the world.

• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies and drawing a competitive landscape for the market.

• To track mergers and acquisitions, strategic alliances, new product development of each applicant of the ultra-high-molecular-weight polyethylene market.

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Key Players:

The key players in market includes: Cleanese Corporation, Royal Dsm, Braskem, Honeywell International, Toyobo Co. Ltd., Mitsui Chemicals, Lyondellbasell, Asahi Kasei Advanced Corporation, Argosy International Inc., and Teijin Group

Intended Audience:

• Manufacturers and distributors of ultra-high-molecular-weight polyethylene
• Suppliers and traders of ultra-high-molecular-weight polyethylene
• Government, associations and industrial bodies
• Investors and trade experts
• Consulting in chemical experts

Regional Analysis:

APAC will be the ruling market of global ultra-high-molecular-weight polyethylene, accounting for USD million and is expected to grow over $ XX million by 2022 followed by North America and Europe. With rise in development of emerging economies countries like China, India, and Brazil will contribute more amount of share in this market.

Europe along with rest of the world are contributing tremendously in the growth of the global ultra-high molecular weight polyethylene market which is expected to grow at the CAGR of XX % till 2022 which has already started in 2016. Throughout its growth period it has maintained this growth rate and it is expected that it will maintain this in future as well.

Geographic Analysis:

The report covers brief analysis of geographical region includes

North America

• US
• Canada
Europe

• Germany
• France
• Italy
• Netherlands
• U.K.
• Rest of Europe
APAC

• China
• India
• Japan
• Rest of Asia-Pacific
RoW

• South America
• Middle East
• Africa

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This release was published on openPR.