Medical Grade Ultra High Molecular Weight Polyethylene Market - Global Industry Forecast 2025 : Honeywell, Celanese Corporation, Quadrant, Braskem, and Asahi Kasei Chemicals Corporation

ResearchMoz presents professional and in-depth study of "Medical Grade Ultra High Molecular Weight Polyethylene Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025"

Ultra-high molecular weight polyethylene (UHMWPE) is a type of thermoplastic polyethylene. It is also called high modulus polyethylene or high performance polyethylene. The polyolefin has a very long polymer chain of 100,000 to 250,000 ethylene monomer units per polyethylene molecule. As the name states, molecular weight of the polymer ranges between 3.5 million to 7.5 million amu. The longer chain strengthens the intermolecular attraction of the polymer. It is an odorless, tasteless, non-toxic, lightweight, and tough polymer possessing properties such as high strength, excellent resistance to corrosion and abrasion, self-lubrication, low moisture absorption, and low coefficient of friction. It is resistant to chemicals, except oxidizing acids. The polymer has low weight, as compared to metals. UHMWPE is utilized in defense applications, the automotive industry, wires and cables, ballistic protection and orthopedic industries. Medical-grade polymer is utilized as a biomaterial and is utilized in medical devices and different joint replacements.

The Medical-grade ultra-high molecular weight polyethylene market can be segmented based on manufacturing process, polymer form, application, and region. The polymer can be processed by different methods such as gel spinning, sintering, compression molding, and extrusion. The processed polymer is produced in the form of fibers or sheets or rods. In terms of medical application, the UHMWPE market can be segmented into knee replacement, hip replacement, shoulder replacement, ankle replacement, and small joints. Highly cross-linked UHMPW polyethylene is utilized in hip replacements. The polymer can also be manufactured by incorporating different materials such as carbon fibers and antioxidants (vitamin E) in it. In terms of region, the market is segmented into North America, Latin America, Middle East & Africa, Europe, and Asia Pacific.

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Longer chains of ultra-high molecular-weight polyethylene enable it to efficiently transfer load, making it suitable for medical applications. Demand for medical grade UHMPE is expected to rise due to its impressive properties such as chemical resistance, sound dampening characteristics, and electric insulation. Increase in number of joint replacement surgeries, joint infections, implant loosening, and diseases such as osteoarthritis are anticipated to drive the UHMWPE market. Increase in number of knee and shoulder replacements is driving the demand for UHMWPE. Asia Pacific is estimated to hold a major share of the market in the near future. Demand for UHMWPE is rising in India, China, Japan, and South Korea due to rapid urbanization, increasing incomes, and government initiatives for better medical treatments. The market is likely to expand at a rapid pace due to the rise in the geriatric population particularly in Japan and Germany. Changing lifestyle, lack of fitness, and increase in consumption of junk food are the contributing factors for increase in number of arthritis patients. Existing medical infrastructure, high standard of living, and increasing quality medical treatment are the key factors contributing to expansion of the market in North America, especially in the U.S. Top manufacturing companies held major shares of the market, as very few producers operate in the market. Manufacturers are focusing on R&D activities to manufacture improved versions of the polymer in order to reduce wear issues and offer safer implants. Major players operating in the global medical grade ultra high molecular weight polyethylene market include Honeywell, Celanese Corporation, Quadrant, Braskem, and Asahi Kasei Chemicals Corporation.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis

The regional analysis covers:

- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market

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