Ultra-High Molecular Weight Polyethylene Market (UHMWPE) worth 2.16 Billion USD by 2021

[Get Discount on this Report] Ultra-High Molecular Weight Polyethylene Market(UHMWPE)research report categorizes the global market by End-Use Industry (Healthcare & Medical, Mechanical Equipment, Aerospace, Defense, & Shipping), Form (Rods & Tubes, Sheets

(EMAILWIRE.COM, November 15, 2018 ) According to the new market research 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 Ultra-High Molecular Weight Polyethylene (UHMW PE) market is projected to reach USD 2.16 Billion by 2021, at a CAGR of 9.9% from 2016 to 2021.

Don’t miss out on business opportunities in “Ultra-High Molecular Weight Polyethylene Market”. Speak to our analyst and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=257883188

The 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.

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.

Browse and in-depth TOC on “Ultra-High Molecular Weight Polyethylene Market”
102 - Tables
83 - Figures
177 - Pages

View more detailed TOC @ https://www.marketsandmarkets.com/Market-Reports/ultra-high-molecular-weight-polyethylene-market-257883188.html

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 UHMW PE 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.

Request for Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.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.