Ultra-High Molecular Weight Polyethylene Market – New Product Launches, Expansions & Partnerships

Ultra-High Molecular Weight Polyethylene (UHMW PE) is a simple linear background polyethylene possessing unique properties. Due to its ultra-high molecular density, it provides high abrasion resistance and impact strength in comparison to other engineering polymers. Apart from this, the material can also be optimized for more application specific requirements such as noise resistance, low coefficient of friction, excellent chemical resistance, self-lubrication, bio-compatibility, wear resistance, and electric insulation resistance.

Major companies operating in the Ultra-High Molecular Weight Polyethylene Market are Celanese Corporation (U.S.), LyondellBasell Industries N.V. (Netherlands), Koninklijke DSM N.V. (Netherlands), Braskem S.A. (Brazil), Asahi Kasei Corporation (Japan), Mitsui Chemicals, Inc. (Japan), Quadrant Engineering Plastic Products AG (Switzerland), E. I. Du Pont De Nemours and Company (U.S.), Honeywell International, Inc. (U.S.), Toyobo Co., Limited (Japan), and Rochling Engineering Plastics SE & Co. KG (Germany).

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Some of the growth strategies adopted by the key companies include new product launches, expansions and partnerships, and agreements & collaborations. These companies also invest in R&D activities to enhance their product portfolios and strengthen their positions in the UHMW PE market.

Celanese Corporation is one of the major manufacturers of UHMW PE and has a strong presence across the globe. In January 2016, the company expanded the production capacity of its GUR UHMW-PE facility at Bishop’s City, Texas, which has increased the total capacity to 30 KT per year. This expansion has helped the company launch new grades of GUR UHMW-PE for pharmaceutical applications such as filtering, purification of liquid drug formulations, and mechanically operated devices used in drug contact and delivery.

Koninklijke DSM N.V. is an important market player in the European region. The company has a wide portfolio of UHMW PE products which are used in a variety of applications. In February 2016, the company entered into an agreement with Toyobo Co. Ltd. (Japan) to expand its UHMW PE fiber manufacturing facility in Japan. The agreement involves investment refurbishment and upgradation of their shared manufacturing facility located in Tsuruga City. Earlier, in September 2014, the company launched the Dyneema Purity Radiopaque Fiber, designed to aid medical applications such as orthopedic trauma.

LyondellBasell Industries N.V. is another major player operating in the UHMW PE market. The company has a strong presence in the North American and European regions, and offers UHMW PE under its brand, Lupolen.

Read More: https://www.marketsandmarkets.com/PressReleases/ultra-high-molecular-weight-polyethylene.asp

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