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The global ultra-high molecular weight polyethylene fibers market size is expected to reach USD 1.41 billion by 2027, expanding at a CAGR of 8.6% from 2020 to 2027. Rising demand from various applications, such as protective armor, medical devices, nets, wear and gear, ropes, and sports equipment is a key factor driving the market. Growing geriatric population, majorly in North America and Europe, is presumed to play a critical role in shaping the demand for ultra-high molecular weight polyethylene (UHMWPE) fibers in the medical devices application segment over the forecast period.
Ultra-high molecular weight polyethylene fibers contribute to strong orthopedic implants, which find use in long-term applications, such as joint replacement and repair, requiring excellent mechanical performance. UHMWPE fibers are soft and they help to reduce the invasive nature of implantable devices, along with tissue irritation and inflammation. This increases patient compliance, comfort, and accelerates recovery. In trauma cases, UHMWPE fiber cable helps prevent bone damage and provides excellent strength, along with low elongation.