North America Ultra-high Molecular Weight Polyethylene Market Size & Outlook
North America ultra-high molecular weight polyethylene market, 2018-2030 (US$M)
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North America ultra-high molecular weight polyethylene market highlights
- The North America ultra-high molecular weight polyethylene market generated a revenue of USD 724.4 million in 2022.
- The market is expected to grow at a CAGR of 9.9% from 2023 to 2030.
- In terms of segment, medical application & prosthetics was the largest revenue generating product in 2022.
- Medical Application & Prosthetics is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 724.4 million |
| Market revenue in 2030 | USD 1,539.2 million |
| Growth rate | 9.9% (CAGR from 2022 to 2030) |
| Largest segment | Medical application & prosthetics |
| Fastest growing segment | Medical Application & Prosthetics |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Medical Application & Prosthetics, Fibers, Sheets, Rods, Other Products |
| Key market players worldwide | Celanese Corp Class A, LyondellBasell Industries NV Class A, Koninklijke DSM NV, China Petroleum & Chemical Corp Class H, Mitsubishi Corp, Lee's Pharmaceutical Holdings Ltd, Crown Holdings Inc, Braskem SA ADR, Asahi Kasei Corp, Honeywell International Inc, Mitsui Chemicals Inc, Trinseo PLC |
Other key industry trends
- In terms of revenue, North America region accounted for 41.0% of the global ultra-high molecular weight polyethylene market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 921.4 million by 2030.
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Ultra-high Molecular Weight Polyethylene Market Scope
Ultra-high Molecular Weight Polyethylene Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America ultra-high molecular weight polyethylene market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ultra-high molecular weight polyethylene market will help companies and investors design strategic landscapes.
Medical application & prosthetics was the largest segment with a revenue share of 33.52% in 2022. Horizon Databook has segmented the North America ultra-high molecular weight polyethylene market based on medical application & prosthetics, fibers, sheets, rods, other products covering the revenue growth of each sub-segment from 2018 to 2030.
Growing reported cases of joint surgeries such as that of hips and knees is expected to drive the UHMWPE market demand in North America. The U.S. is one of the top five countries where there is higher percent of geriatric population.
This is hence expected to benefit the overall market growth from 2021 to 2028. There are large number of automotive manufacturing facilities across U.S. and Canada resulting in an increase in demand for battery separators and is expected to have positive impact on the overall market.
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Our clientele includes a mix of ultra-high molecular weight polyethylene market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America ultra-high molecular weight polyethylene market , including forecasts for subscribers. This continent databook contains high-level insights into North America ultra-high molecular weight polyethylene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America ultra-high molecular weight polyethylene market size, by country, 2018-2030 (US$M)
North America Ultra-high Molecular Weight Polyethylene Market Outlook Share, 2022 & 2030 (US$M)
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