Ultra High Molecular Weight Polyethylene (UHMWPE) Market 2023-2029 | Global report forecast (2023)

FAQs

Ultra High Molecular Weight Polyethylene (UHMWPE) Market 2023-2029 | Global report forecast? ›

What is the ultra-high molecular weight polyethylene market growth? b. The global ultra-high molecular weight polyethylene market is expected to grow at a compound annual growth rate of 12.8% from 2023 to 2030 to reach USD 5.59 billion by 2030.

The global polyethylene market size was valued at USD 102.49 billion in 2021. The market is projected to grow from USD 106.14 billion in 2022 to USD 140.21 billion by 2029, exhibiting a CAGR of 4.1% during the forecast period.

The key difference between UHMW and HDPE is that UHMW contains long polymer chains with very high molecular weights whereas HDPE has a high strength-to-density ratio. UHMW stands for Ultra High Molecular Weight polyethylene. It is also denoted by UHMWPE.

UHMWPE fibers branded as Dyneema, commercialized in the late 1970s by the Dutch chemical company DSM, and Spectra, commercialized by Honeywell (then AlliedSignal) are widely used in ballistic protection, defense applications, and increasingly in medical devices, sailing, hiking equipment, climbing, and many other ...

As things stand today, I expect PE exports in 2023 to reach a total of 11.5m tonnes compared with around 10.8m tonnes in 2022.

KEY MARKET INSIGHTS

The global plastic market size was valued at USD 439.28 billion in 2021 and is projected to grow from USD 457.73 billion in 2022 to USD 643.37 billion by 2029, exhibiting a CAGR of 5.0% during the forecast period.

HDPE is easy to fabricate and weld, whilst UHMW is easy to machine, used for countless industrial applications that require durability, low friction, and chemical resistance.

Also, the coefficient of friction of HDPE (0.20) is much higher than that of UHMW (0.08). UHMW will therefore be a more suitable choice for applications that require a reduction of friction and wear.

But UHMW tends to be better suited for industrial or manufacturing applications where friction or wear may be a concern. However, HDPE is often performed for items that need to be shaped using techniques like welding or 3D printing, especially in tanks or vessels that need to hold chemicals or other fluids.

What is the disadvantage of UHMWPE? ›

UHMWPE has a lower melting point (297° to 305° F) than many common polymers, therefore it's not suitable for high temperature applications. It also has a low coefficient of friction which can be a drawback depending on the application.

Shelf Life

To obtain best performance, use this product within 18 months from date of manufacture.

In terms of overall durability, both UHMWPE and Kevlar rank high above other industrial fibers. However, UHMWPE fibers like Spectra and Dyneema exhibit resistance five times higher than Kevlar—even using just half the number of synthetic materials.

As the name suggests, UHMWPE has a very high molecular weight between 3.1 and 100 million grams per mole. Some of UHMW's mechanical properties include: Tensile strength, yield: 18.9 – 5800 psi.

Dyneema is a brand name for a chemical fiber. Chemical names for the same thing are UHMWPE, HMPE, UHMW.

The baseline forecast is for growth to fall from 3.4 percent in 2022 to 2.8 percent in 2023, before settling at 3.0 percent in 2024. Advanced economies are expected to see an especially pronounced growth slowdown, from 2.7 percent in 2022 to 1.3 percent in 2023.

This outlook is associated with persistent inflation and Federal Reserve hawkishness. We forecast that real GDP growth will slow to 0.7 percent in 2023, and then rise to 0.8 percent in 2024.

As a result, we now anticipate real GDP growth will be closer to 0.8% in 2023 and around 1.5% in 2024.

Polyethylene is expected to trade at 7955.36 CNY/T by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 7570.37 in 12 months time.

What is the polymer market forecast? ›

The global conductive polymer market was valued at $3.9 billion in 2018, and is projected to reach $7.4 billion by 2026, growing at a CAGR of 8.1%from 2019 to 2026.

Contributors to the plastics shortage include: Pandemic conditions – Early in the COVID-19 pandemic, plummeting oil prices and low demand led oil companies to cut production. During lockdowns, demand for plastic products and products containing plastic increased sharply.

Ultra-high molecular weight polyethylene, also known as UHMW or UHMWPE, belongs to the thermoplastic polymer family. UHMW's ultra-high molecular weight (5-9 million AMU) is derived from its extraordinarily long polymer chains, all aligned in the same direction.

UHMW provided by Interstate Plastics is also known by brand names including IPX®, Polystone®, Tecafine®, Dyneema®, Tivar®, Polysteel®, GUR®, Utec®, and Mipelon®.

This means that UHMWPE fibres has an incredibly high tensile strength compared to many other thermoplastics, and this also means that the material is much stronger than steel in the fibre direction.

UHMW Grades– Several grades of UHMW are available, including reprocessed, enhanced bearing and wear, and FDA compliant.

1. You can use chop saws to cut UHMW. 2. As with table saws, use a coarse blade.

-Medical industry: ULTREX® UHMW/PE is non-toxic and non-allergenic, so it is used in medical devices and implants. -Food industry: ULTREX® UHMW/PE is safe to use in contact with food, so it is often used as a coating for food processing equipment.

Disadvantages of HDPE: Susceptible to stress cracking. Has lower stiffness compared to Polypropylene. High mould shrinkage and poor UV resistance.

One of the industry's strongest, most durable, and most chemically resistant plastic sheet is high-density polyethylene (HDPE). This material also features excellent UV resistance—withstanding prolonged exposure to the sun without the need for UV additives.

What material is similar to UHMW? ›

UHMW (Ultra High Molecular Weight Polyethylene) and PTFE Sheet (PolyTetraFlouroEthylene) are very similar materials, and yet very different at the same time. They both possess certain characteristics that make them similar to each other.

Yes, UHMW-PE is both FDA and USDA approved for use in food processing and medical applications.

UHMW (Ultra-High Molecular Weight Polyethylene) is a machinable thermoplastic that makes a sensible and environmentally friendly option for multiple applications.

Ultra High Molecular Weight Polyethylene, or UHMW, is a thermoplastic with a high abrasion resistance and excellent waterproof capabilities that make it a favorite material in several industries.

Stress–strain curves of UHMWPE at temperatures of 20–100 °C and a strain rate of 1300 s⁻¹.

Like all polyethylenes, UHMW has a low melting point (270°) and a high COF (120 x10” In/In/°F). It gives one of the lowest wear rates (even better than steel, nylon or fluoroplastics) to resist most forms of abrasive media. These qualities give the material good impact resistance.

UHMWPE has low friction, high wear resistance, good toughness, high impact strength, high resistance to corrosive chemicals, excellent biocompatibility, and low cost.

Identify by buoyancy

Putting a piece of material into water. If the material floats on the water, it is not UHMW-PE. If the material sinks too fast, it is also not UHMW-PE. If the material sinks slowly, it is.

UHMW expands and contracts considerably with temperature change. Other materials are available if you need a lower coefficient of linear thermal expansion. Call our experts at (888) 768-5759 for more information or questions about what materials to use for your application.

Polypropylene is expected to trade at 7709.83 CNY/T by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 7420.11 in 12 months time.

What is the price outlook for polypropylene? ›

In 2021, the global average price of polypropylene (PP) was 1,285 U.S. dollars per ton – an increase of 340 U.S. dollars, or 36 percent, compared with the previous years. As of February 2022, the average price of PP stood at 1,208 U.S. dollars per ton.

Report Overview

The global polypropylene market size was estimated to be USD 123.46 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 4.7% from 2023 to 2030.

The global polypropylene market is projected to grow from USD 76.00 billion in 2021 to USD 108.57 billion in 2028 at a CAGR of 5.2% in forecast period, 2021-2028.

At mid-year in 2021, supplies of raw materials, plastic resins such as polyethylene (PE), polypropylene (PP) and compounded plastics remained very tight.

The cost of propylene, the primary raw material used in the production of PP, can fluctuate based on supply and demand and other market factors.

But to ensure the interest of the buyers and or processors, it is affirmed that Polypropylene shelf life is minimum 12 months from the date of manufacturing, subject to proper Handling & Storage conditions such as protection from direct or indirect sunlight exposure, temperature, dust and chemical fumes or similar ...

The top 3 exporters of Polypropylene resin are Thailand with 19,865 shipments followed by South Korea with 16,152 and Saudi Arabia at the 3rd spot with 11,406 shipments.

"There is a continued supply constraint issue with delayed downtime experienced by PDH [propane dehydrogenation] production." Blue Clover officials also described current PP demand as "stagnant."

Nylon, as noted by its higher melt viscosity, is more heat-resistant than polypropylene. Nylon is also a low-friction plastic, which makes it ideal for creating parts used in high-friction industrial applications.

What are the challenges of polypropylene? ›

Polypropylene has poor resistance to chlorinated solvents and aromatics. Polypropylene is known to be difficult to paint as it has poor bonding properties. Polypropylene is highly flammable. Polypropylene is susceptible to oxidation.

Polypropylene (PP)

This plastic material is a thermoplastic polymer and the world's second-most widely produced synthetic plastic. Its widespread use and popularity are undoubted because polypropylene is one of the most flexible thermoplastics on the planet.