Ultra-High Molecular Weight Polyethylene industry, Size Industry Trends, Global Competitors Strategy, Segments, Statistics and Growth to 2027
Market Synopsis of Ultra-High-Molecular-Weight Polyethylene Market: According to MRFR’s analysis, it is estimated that global ultra-high -molecular -weight polyethylene market size will be USD 1.90 billion in 2018 and its drivers are various industries such as, medical grade & prosthetics, filtration, batteries, fibers, additives, membranes and others. Medical grade & prosthetics was one of the largest application accounting to 25% in 2015 and is expected to grow at the CAGR of 11.5% which had started from 2016 and is expected to continue till 2022. Demand in fiber application is anticipated to increase at the CAGR of 11.3% till 2022 presently it is growing at this rate since 2016. Product Description Ultra high molecular weight polyethylene (UHMWP) industry is also known as high-modulus polyethylene or high-performance polyethylene. It is a linear polyethylene with extensively large molecular weight ranging from 4 billion to 6 billion. Due to its high molecular weigh