According to a new market report by Lucintel, the future of the ultra-high molecular weight polyethylene (UHMWPE) market looks promising with opportunities in the aerospace, defense, & shipping, healthcare & medical, and mechanical equipment industries. The ultra-high molecular weight polyethylene market is expected to grow with a CAGR of 10% from 2019 to 2024. The major drivers for this market are increasing usage of UHMWPE in orthopedics implants and growing use of sheets in the aerospace and defense for the manufacturing of aircraft interiors.
In this market, UHMWPE are majorly available in sheets, rods, and tubes forms. On the basis of comprehensive research, sheets will remain largest segment over the forecast period due to growth of aerospace & defense and machinery equipment.
Within the ultra-high molecular weight polyethylene market, healthcare & medical will remain the largest end use industry due to growing geriatric population and increasing demand for orthopedic implants from developed countries.
North America will remain the largest region over the forecast period due to growing aerospace, defense & shipping, and healthcare & medical industries. Asia Pacific is expected to witness the highest growth over the forecast period.
Braskem, Celanese Corporation, LyondellBasell, Koninklijke DSM, Asahi Kasei Corporation, Mitsui Chemicals Inc., Quadrant Engineering Plastic Products AG, Dupont, Honeywell , Toyobo Co. Limited, and Rochling Engineering Plastics SE & Co. KG are among the major manufacturers of ultra-high molecular weight polyethylene.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the ultra-high molecular weight polyethylene market by form, end use, and region. Lucintel has prepared a comprehensive research report titled "Ultra-High Molecular Weight Polyethylene Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the ultra-high molecular weight polyethylene market by form, end use, and region as follows:
By Form [$M shipment analysis for 2013 – 2024]:
• Sheets
• Rods & Tubes
• Others
By End Use Industry [$M shipment analysis for 2013 – 2024]:
• Aerospace and Defense
• Healthcare & Medical
• Mechanical Equipment
• Shipping
• Others
By Region [$M shipment analysis for 2013 – 2024]:
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o France
o U.K.
o Italy
o Spain
o Russia
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Indonesia
o Rest of Asia Pacific
• ROW
o Brazil
o Argentina
o Saudi Arabia
o Others
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link……… [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers the following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the Ultra-high molecular weight polyethylene market by form (sheets, rods & tubes, and others), end-use industry (aerospace, defense, & shipping, healthcare & medical, mechanical equipment, shipping, and others), and region (North America, Europe, Asia Pacific, and RoW)?
Q.2.Which segments will grow at a faster pace and why?
Q.3.Which regions will grow at a faster pace and why?
Q.4.What are the key factors affecting market dynamics? What are the drivers and challenges of the ultra-high molecular weight polyethylene market?
Q.5.What are the business risks and threats to the ultra-high molecular weight polyethylene market?
Q.6.What are the emerging trends in the ultra-high molecular weight polyethylene market and the reasons behind them?
Q.7.What are some changing demands of customers in the ultra-high molecular weight polyethylene market?
Q.8.What are the new developments in the ultra-high molecular weight polyethylene market? Which companies are leading these developments?
Q.9.Who are the major players in the ultra-high molecular weight polyethylene market? What strategic initiatives are being implemented by key players for business growth?
Q.10.What are some of the competitive products and processes in the ultra-high molecular weight polyethylene market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11.What M & A activities did take place in the last five years in the ultra-high molecular weight polyethylene market?