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Share this article Share this article ResearchAndMarkets.com s offering. Manufacturing Slump Impacts demand for High Strength Engineering Plastics. UHMWPE Revenues Dip by -6.3% The global market for Ultra-High Molecular Weight Polyethylene (UHMWPE) is expected to decline by -6.3% in response to the slumping manufacturing activity and thereafter recover and reach US$1.9 billion by the year 2027, trailing a post COVID-19 CAGR of 7.3% over the analysis period 2020 through 2027. Due to the COVID-19 pandemic, governments across the globe have ordered stay-at-home orders for people and shut-down businesses engaged in the production of non-essential goods. Social distancing is considered to be a potent measure for keeping a check on spread of this pandemic. The economic impact of such restrictions on business activities is expected to be huge. Due to the outbreak, the sentiment across the industrial manufacturing sector has declined drastically during the past few months and indicates

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