The global ultra-high molecular weight polyethylene (UHMWPE) market is expected to grow at a CAGR of around 9.5% from 2020 to 2027 and expected to reach the market value of around US$ 2,656.5 Mn by 2027.
Ultrahigh-weight polyethylene (UHMWPE) has been the material of choice for the polymeric component in total joint replacements primarily because of the excellent combination of wear resistance, structural strength, and biocompatibility and remains the gold standard so far. Furthermore, the UHMWPE prostheses generate billions of submicron particles each year, which may cause a foreign-body response, resulting in extensive bone resorption and gross loosening of the implants. Wearing UHMWPE is especially important for young or active patients who may face one or more revisions with accumulative bone loss during their lifetime. Thus, improving UHMWPE wear resistance and, as a result, reducing the volume of wear particles released into periarticular tissues could perhaps reduce adverse biological responses and significantly extend the clinical lifespan of total joint replacements.
Rising number of joint replacement for knees drive the global UHMWPE market
Total knee arthroplasty (TKA) or total knee replacement is considered the definitive treatment for symptomatic end-stage osteoarthritis of the knee. According to the American Roentgen Ray Society (ARRS), 4 million of the 11 million adults in the United States with the diagnosis have undergone knee replacement surgery. Growth, ageing, and increasing longevity of the population, obesity, expanding indications for the procedure, and younger age at implantation are all factors contributing to the increasing use and prevalence of knee replacement. Polyethylene bearings are currently made of ultra-high molecular weight polyethylene. Polyethylene is a long-lasting, high-performance plastic resin. Its strength, wear resistance, low coefficient of friction, and ability to mould or machine into desired shapes have all contributed to its success. After 4–5 years of use in hip arthroplasty, this material has shown decreased wear rates. As a result, due to its unique combination of superior mechanical properties and wear resistance over other polymers, ultra-high molecular weight polyethylene (UHMWPE) is the most commonly used bearing material in total joint arthroplasty.
Rising use of UHMWPE from medical & defense industry bolster the growth of global market
Due to their high modulus and strength, ultra-high molecular weight polyethylene (UHMWPE) yarns are widely used in military applications for protection, according to data revealed by the US Department of ENERGY. Plasma enhanced chemical vapour deposition is being used to increase the friction between UHMWPE yarns (PCVD). The tensile strength and modulus of yarns, which are important for ballistic performance, remain stable and are unaffected by the treatments, indicating that PCVD treatment is an effective way to improve inter-yarn friction without compromising mechanical properties. Furthermore, UHMWPE is a synthetic polymer designed for biomedical applications due to its high impact resistance, ductility, and contact stability when exposed to physiological fluids. As a result, the material is frequently used in human orthopedic implants, such as joint replacements. But apart from that, rapid prototyping is a relatively new technology that, while prevalent in the engineering industry, has a positive impact on the medical field. According to research data released by the US Department of ENERGY, the use of a simplified selective laser sintering apparatus made of ultra-high weight polyethylene (UHMWPE) is on the rise. It has been determined that applying this technology to the fabrication of UHMWPE devices necessitates the development of improved starting powders, specifically to increase density.
The global ultra-high molecular weight polyethylene market is segmented based on product and end-user industry. Based on product, the market is segmented as medical-grade & prosthetics, fibers, sheets, rods, and others. By end-user industry, the market is segmented as aerospace, defense & shipping, healthcare & medical, mechanical equipment, food & beverages, and others (chemicals, sports & lifestyle, and electronics).
Medical-grade and prosthetics will account for the largest market share in the global ultra-high molecular weight polyethylene market. UHMWPE has gained significant attention in the global market as one of the most preferred materials used in the production of medical implants. Furthermore, it is a material with long chains that is extremely pliable and has a high impact strength. Furthermore, when compared to other metal materials, these materials are lighter. These are the factors that have contributed to rising product demand in medical applications over the last few years, and it is expected that this trend will continue through the forecast period.
The healthcare & medical segment is expected to grow at the fastest CAGR in the global ultra-high molecular weight polyethylene market. The growing use of UHMWPE in the healthcare and medical industries is propelling the segment's growth. Furthermore, a decrease in the age group of people undergoing knee and hip surgeries has increased demand for UHMWPE in the healthcare and medical industry. UHMWPE meets the fundamental requirements for any medical implant material, including biological stability, biocompatibility, toughness, high creep resistance, low friction, and low wear. These factors, in turn, contribute to the expansion of the global ultra-high molecular weight polyethylene market.
The global ultra-high molecular weight polyethylene market was dominated by North America. The United States leads the market for the North America region and is expected to maintain its dominance throughout the forecast period. The regional market for UHMWPE in protective armor applications is expanding rapidly. Rising military and defense budgets in the United States, as well as the threat of terrorist activities, drives UHMWPE product demand in the North America regional market, ultimately contributing to the global ultra-high molecular weight polyethylene market's growth. Also, reported cases of joint surgeries, involving hips and knees highly support the market in the US. Government military program, such as the Soldier Protection System, which consists of lighter weight ballistic plates, lighter weight combat helmets, bulletproof vests, and other protective armor to aid soldier mobility, are expected to create a massive opportunity for UHMWPE during the forecast period. In addition, growth in reported cases of joint surgeries, such as that of hips and knees, will support the market in the U.S.
The prominent players involved in the global ultra-high molecular weight polyethylene market are Celanese Corporation, LyondellBasell Industries Holdings B.V., Koninklijke DSM N.V., China Petrochemical Corporation (Sinopec Group), the Mitsubishi Chemical Advanced Materials group of companies, LianLe Chemical Corporation, Crown Plastics, Inc., Braskem, Asahi Kasei Corporation, Dotmar Engineering Plastics, Mitsui Chemicals, TSE Industries, Inc., and others
Market By Product
Medical-grade & Prosthetics
Market By Type
Defense & Shipping
Healthcare & Medical
Food & Beverages
Others (Chemicals, Sports & Lifestyle, And Electronics)
Market By Geography
• Rest of Europe
• South Korea
• Rest of Asia-Pacific
• Rest of Latin America
Middle East & Africa
• South Africa
• Rest of Middle East & Africa
Ultra-high molecular weight polyethylene market is expected to reach a market value of around US$ 2,656.5 Mn by 2027.
The ultra-high molecular weight polyethylene market is expected to grow at a CAGR of around 9.5% from 2020 to 2027.
Based on product, medical-grade & prosthetics segment is the leading segment in the overall market.
Rising adoption of ultra-high molecular weight polyethylene in aerospace and medical is one of the prominent factors that drive the demand for ultra-high molecular weight polyethylene market.
Celanese Corporation, LyondellBasell Industries Holdings B.V., Koninklijke DSM N.V., China Petrochemical Corporation (Sinopec Group), the Mitsubishi Chemical Advanced Materials group of companies, LianLe Chemical Corporation, Crown Plastics, Inc., Braskem, Asahi Kasei Corporation, Dotmar Engineering Plastics, Mitsui Chemicals, TSE Industries, Inc., and others.
North America is anticipated to grab the highest market share in the regional market
Asia Pacific is expected to be the fastest growing market in the forthcoming years