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World Carbon Dioxide Markets 2021-2028 with Linde plc, Air Liquide and Air Products, Inc Dominating
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World Carbon Dioxide Markets 2021-2028 with Linde plc, Air Liquide and Air Products, Inc Dominating
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The global plastic market size is expected to reach USD 750.1 billion by 2028 and is expected to expand at a CAGR of 3.4% from 2021 to 2028.
Increasing automotive production and a subsequent rise in plastic consumption in automotive component fabrication because of regulatory policies pertaining to vehicular weight reduction and fuel efficiency are expected to drive the market over the forecast period. Plastics facilitate fuel saving in automotive applications on account of reduced car weight and density as compared to conventional materials, such as metals or rubber.
Since the last decade, there has been a substantial demand for the products as a replacement for metals and ferrous alloys across various industries, such as consumer goods, automotive, and industrial machinery. The growth of the market criticality lies in various factors, such as the ever-increasing requirement of end users in terms of produ
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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 irritatio
Worldwide Ultra-high Molecular Weight Polyethylene Fibers Industry to 2027 - Featuring Koninklijke DSM, Honeywell International and Dongyang MFG Among Others
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