The Latin America ultrahigh molecular weight polyethylene market estimated to be valued US$ XX Mn in 2021 and poised to grow at significant CAGR over 2022-2028.Â This report gives comprehensive outlook on ultrahigh molecular weight polyethylene market across the region with special emphasis on key countries of Latin America such as Brazil, Argentina, Mexico, Chile and Rest of Latin America. This report gives historical, current, and future market sizes (US$ Mn) on the basis of form, application type, end user type and countries. This report studies market dynamics elaborately to identify the current market trends and drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, this report includes competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed Latin America ultrahigh molecular weight polyethylene market to better equip clients with possible investment opportunities across the countries and market unmet needs (Product Opportunities). Key stakeholders of the market report include suppliers, manufacturers, marketers, policy makers, and agronomists engaged in market activities. Development and launch of innovative ultrahigh molecular weight polyethylene by the market players enables surge in the ultrahigh molecular weight polyethylene market demand over the forecast years. For instance. In 2018, Celanese Corporation Group launched the new ultrahigh molecular weight polyethylene which has a wide range of application. Moreover, Launch of newer products in various countries enables the growth of ultrahigh molecular weight polyethylene market over the forecast years. This market report analyses the market in different countries of Latin America. Brazil accounted for major revenue share in Latin America ultrahigh molecular weight polyethylene due to large number of automotive manufacturing facilities. This market is consolidating as large players complementing each otherâ€™s businesses by means of collaborations and acquisitions and launching of new products. For instance, in February 2016, Koninklijke DSM 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 up gradation of their shared manufacturing facility located in Tsuruga City. After this agreement comes into effect, Toyobo will use its own trademark to sell Dyneema.
Based on form type, the market is segmented into sheets, rods and tubes. Sheets segment is estimated to account for the largest share of the ultrahigh molecular weight polyethylene market attributing to the extensive use of UHMW PE sheets in the mechanical equipment industry. The segment is also anticipated to grow at a higher CAGR between 2019 and 2025, owing to the increasing demand from the healthcare & medical end-use industry.
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.