Ultra-High Molecular Polyethylene Market to offer a healthy CAGR of 11.2% during 2020-25
February 17, 2020
Ultra-High Molecular Polyethylene Market Overview:
Ultra-high molecular polyethylene market is likely to witness an impressive CAGR of 11.2% during the forecast period. The growth in healthcare & medical industry is the prime factor that is driving the ultra-high molecular polyethylene market globally.
Report Overview:
This new report from Stratview Research analyses the Ultra-High Molecular Polyethylene Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
Get a free sample of the report here:
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Ultra-High Molecular Polyethylene Market Segment Insights:
Form Type: sheets, rods & tubes, and others
Based on the form type, the market is segmented as sheets, rods & tubes, and others. The sheets segment held the largest share of the market in 2018, and is expected to continue its dominance during the forecast period. The growth is attributed to the extensive use of ultra-high molecular polyethylene sheets in mechanical equipment industry. Owing to the growing demand from healthcare & medical industry, this segment is also estimated to grow at a higher rate in the coming five years.
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https://www.stratviewresearch.com/toc/615/ultra-high-molecular-polyethylene-market.html
End-Use Industry Type: healthcare & medical, aerospace & defense and others
Based on the end-user type, the market is segmented as healthcare & medical, aerospace, defense, and shipping, medical equipment, and others. The healthcare industry segment is expected to depict the highest growth in the coming five years. The growth is attributed to the growing use of ultra-high molecular polyethylene in orthopedic implants.
A highly/moderately/fragment consolidated Market
Some of the ultra-high molecular polyethylene manufacturers are Braskem S.A., Celanese Corporation, Lyondellbasell Industries N.V., Koninklijke DSM N.V., Asahi Kasei Corporation, Mitsui Chemicals, Inc., Saudi Basic Industries Corporation, E. I. Du Pont De Nemours and Company, Honeywell International Inc., Toyobo Co., Limited, Teijin Limited, and Rochling Engineering Plastics Pvt. Ltd.
Region: Asia-Pacific is expected to depict the highest growth
In terms of regions, Asia-Pacific is expected to depict the highest growth in the coming five years for the ultra-high molecular polyethylene market. China and India are the growth engines of the region. The market is sustained by the rising demand for ultra-high molecular polyethylene by various end-use industries. North America and Europe are also estimated to offer substantial growth opportunities during the forecast period.
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