Global Ultra-High Molecular Weight Polyethylene Market 2017-2021

Overview of the global ultra-high molecular weight polyethylene market

Technavio's market research report identifies that the increasing use of ultra-high molecular weight polyethylene (UHMWPE)-based protection gear will be one of the primary growth drivers for the global UHMWPE market till 2021. Manufacturers are focusing on hard ballistic fibers made from UHMWPE to offer protective gear such as helmets, and body armor. Also, a soft ballistic fiber made from UHMW polyethylene is used in vests to protect soldiers from the impact of knives and handgun ammunitions. UHMWPE can absorb little water and is a hard, stiff, strong, and dimensionally stable material. It is also used for defense and military applications such as protective clothing and gear and facilitate self-extinguishing properties. Technavio's market research analysts predict that this market will grow at a CAGR of more than 9% by 2021.

One of the key trends that will gain traction in the ultra-high molecular weight polyethylene market in the forthcoming years is the rising demand for UHMWPE in 3D bone grafting. For instance, New York-based company EpiBone uses 3D technology to create artificial bones. A sample of fatty tissues along with the scanned images is used in this process. These cells are put into a bovine scaffold bone. This bone is later used to create a 3D printed bone model by placing it into a specially designed bioreactor. UHMWPE is used in the manufacturing of such artificial bones.

Competitive landscape and key vendors