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RSS FeedsUltra-High Molecular Weight Polyethylene Market worth $2.2 billion by 2025
(WorldNews China)

 
 

13 august 2020 05:49:15

 
Ultra-High Molecular Weight Polyethylene Market worth $2.2 billion by 2025
(WorldNews China)
 


The report `Ultra-High Molecular Weight Polyethylene Market by Form (Sheets, Rods & Tubes, Fibers, Films, Tapes), End-Use Industry (Aerospace, Defense & Shipping, Healthcare & Medical, Mechanical Equipment, Food & Beverages), Region - Global Forecast to 2025` in 2020 is estimated at USD 1.4 billion and is projected to reach USD 2.2 billion by 2025, at a CAGR of 9.4% from 2020 to 2025. The growth of this market can be attributed to the increasing demand for UHMW PE from the aerospace & defense industry and increased demand for orthopedic implants. In addition Increasing R&D and mass production of ballistic fibers and compliance with various legal and administrative bodies is expected to...


 
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