DSM introduced an environmentally friendly effort for its Dyneema Purity UHMWPE Medical-Grade Fibre. This includes the launch of Bio-based Dyneema Purity fibre, which is now ISCC-certified. The aim of the initiative is to minimize the Scope 3 emissions from the medical industry.
Honeywell International, Inc. announced the launch of a new ultra-fine denier fiber, Spectra Ultra Fine (UF) BIO, to their Spectra Medical Grade (MG) BIO fiber collection in India. It has excellent strength and is designed for its application in cardiovascular and orthopaedic medical equipment.
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 3081
Published Date: Sep 26, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Increasing demand for medical equipment, and rising manufacturing of electric vehicles are the major factors driving the market growth.
The market size of ultra-high molecular polyethylene is anticipated to attain a CAGR of 11.7% over the forecast period, i.e., 2023 â€“ 2035.
The major players in the market are Celanese Corporation, RÃ¶chling SE & Co. KG, LyondellBasell Industries Holdings B.V., DuPont, Dotmar Engineering Plastics, Honeywell International Inc., TSE Industries, Inc., Korea Petrochemical Ind. Co., LTD, Mitsui Chemicals Inc., Asahi Kasei Corporation, TEIJIN LIMITED, Nitto Denko Corporation, and DSM.
The flat material segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.