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Showing posts from August, 2020

Increased demand for orthopedic implants driving the market of Ultra-High Molecular Weight Polyethylene

  The ultra-high molecular weight polyethylene (UHMW PE) marke t is estimated at USD 1.4 billion in 2020 and is projected to reach USD 2.2 billion by 2025, at a CAGR of 9.4%. Ultra-High Molecular Weight Polyethylene (UHMW PE) is a simple linear background polyethylene possessing unique properties. Due to its ultra-high molecular density, it provides high abrasion resistance and impact strength in comparison to other engineering polymers. Apart from this, the material can also be optimized for more application specific requirements such as noise resistance, low coefficient of friction, excellent chemical resistance, self-lubrication, bio-compatibility, wear resistance, and electric insulation resistance. Download PDF Brochure to Know More: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=257883188 In the healthcare & medical industry, there is a high demand for UHMW PE for the manufacture of orthopedic implants and parts for medical devices due to properties such as high str

Increase in demand of pipeline monitoring systems for crude & refined oil is driving the growth of the pipeline monitoring system market

  The  pipeline monitoring system market  is projected to grow from USD 4.6 billion in 2019 to USD 6.5 billion by 2024, at a CAGR of 7.1% from 2019 to 2024. The demand for pipeline monitoring system can be attributed to high growth as a result of the increasing number of oil & gas leakages in production, pipelines, and storage tanks due to natural disasters and high pressure along with stringent government regulations for pipeline safety and security and expansion and upgradation of pipelines. The growing trend of the development of new devices and solutions to monitor pipeline performance, optimize resources, automate the functions, and safeguard the operations are resulting in the growth of pipeline monitoring system. The next-generation technologies, which are the future of the pipeline monitoring market, comprise integrated, multi-layered systems using disruptive technologies, Internet of Things (IoT), digital acoustic sensing, and connected pipelines. Downoad PDF Brochure:  ht