Ultra-High Molecular Weight Polyethylene Market Set to Register at a CAGR of 9.1% During 2022-2027| Korea Petrochemicals Ind. Co.Ltd, DuPont De Nemours Inc, Mitsui Chemicals, Inc, and others | prmitteilung.de

The global ultra-high molecular weight polyethylene (UHMW PE) market size is estimated to be USD 1.8 billion in 2022 and is projected to reach USD 2.8 billion by 2027 at a CAGR of 9.1% during the forecast period. The major drivers for the market include increased demand for orthopedic implants, growth in the mechanical equipment industry, and sports & lifestyle industry. On the basis of form, the UHMW PE market has been segmented into sheets, rods & tubes, fibers, films, tapes and others. The sheets segment is the fastest-growing by form and its growth is attributed to the increasing demand from the healthcare & medical end-use industry. To Remain ‘ahead’ of Your Competitors, Request a Sample@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=257883188 The healthcare & medical segment is the largest end-use industry segment in the UHMW PE market. The growth is mainly attributed to the increasing use of UHMW PE for the manufacture of prosthetic implants. The increase in joint replacement surgeries due to changing lifestyles and geriatric population is expected to drive the UHMW PE market.
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