Ultra-high Molecular Weight Polyethylene Market Size Poised To Reach USD 5.59 Billion By 2030
San Francisco, 11 Sep 2023: The Report Ultra-high Molecular Weight Polyethylene Market Size, Share & Trends Analysis, By Product (Medical Grade & Prosthetics, Fibers, Sheets, Rods), By Application, By Region, And Segment Forecasts, 2023 - 2030 The global ultra-high molecular weight polyethylene market is anticipated to reach USD 5.59 billion by 2030, growing at a CAGR of 12.8% from 2023 to 2030, according to a new report by Grand View Research, Inc. Increasing demand from medical & prosthetics application is expected to significantly drive the market growth during the forecast period. Ultra-high Molecular Weight Polyethylene ( UHMWPE) has been witnessing increasing acceptance as prosthetics in the medical industry for the past few years. This rising acceptance can be attributed to its favorable physical and chemical properties such as higher flexibility as compared to metals and superior strength. Technological advancements have resulted in prosthetics having a longer