The Global PEEK Market accounted for USD 470.6 million in 2016 and is projected to grow at a CAGR of 6.8% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast by 2024.
This comprehensive Global PEEK Market Research report includes a brief on these trends that can help the organizations operating in the industry to understand the market and strategize for their business expansion accordingly. The research report analyzes the market CAGR, Volume, industry share And size, demand and trend growth, key segments, and key drivers and restrains.
Global PEEK Market By Type (Unfilled, Carbon Filled, Glass Filled); By Application (Electrical & Electronics, Aerospace, Automotive, Oil & Gas, Medical, Others) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
This material is tough, strong, and rigid and has superior creep resistance. It also resists radiation and a wide range of solvents. With its resistance to hydrolysis, PEEK can withstand boiling water and superheated steam used with autoclave and sterilization equipment at temperatures higher
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PEEK Industry Report refers to a semi-crystalline organic polymer thermoplastic exhibiting a highly stable chemical structure, which gives it an edge over other materials. It is a member of the PAEK polymer group. There are exclusive PEEK properties which make this material find numerous applications in various industries .
PEEK Report Market is a semi crystalline thermoplastic with excellent mechanical and chemical resistance properties that are retained to high temperatures. The processing conditions used to mold PEEK can influence the crystallinity, and hence the mechanical properties
Regardless of whether you are a specialist, expert, administrator, or having some other work profile, the information given by this complete Global PEEK Market report will enable you to lead your association towards prosperity by understanding the market intently. You will likewise be profited through this report by observing the procedures of your rivals in a similar industry. The report contains an assortment of scientific and measurable information empowering the pursuer to have in-depth learning, which can be connected in the basic leadership process concerning the center and urgent business territories.
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Major Market Competitors: Global PEEK Market
Some of the major players in PEEK market include
- Victrex PLC,
- Solvay S.A.,
- Evonik Industries AG,
- Saudi Basic Industries Corporation (SABIC),
- Panjin Zhongrun High Performance Polymers Co. Ltd,
- Celanese Corporation, Zyex Ltd,
- Quadrant Epp Surlon India Ltd,
- Prototype & Plastic Mold Co. Inc.,
- Jrlon Inc.,
- K. Overseas,
- Darter Plastics Inc.,
- Caledonian Ferguson Timpson Ltd,
- Tri-Mack Plastics Manufacturing Corp.,
- Schulman AG
- many more.
This report consists of below pages: Global PEEK Market
No of pages : 350 No of Figures: 60 No of Tables: 220
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Market Definition: Global PEEK Market
Polyetherether ketone (PEEK) is a semi-crystalline thermoplastic, which is inert and a thermally stable polymer, it has specific properties such as high temperature resistance, hydrolysis resistance, self-lubrication, easy processing, and high mechanical strength. The latest trend in this market is high demand for PEEK in aerospace and automotive industries and demand for PEEK instead of conventional materials. There is growing demand of PEEK for applications such as electrical & electronics, aerospace, automotive, oil & gas, medical, others are the driving for the PEEK market in the forecasted years.
Competitive Analysis: Global PEEK Market
The global PEEK market is consolidated due to the presence of a limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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Major Market Drivers: Global PEEK Market
- Increasing demand for PEEK in aerospace and automotive industries
- Replacement of conventional materials by PEEK
- Rapid growth in emerging economies coupled with improving economic conditions in developed economies
Market Restraint: Global PEEK Market
- High Price as compared to conventional materials
- Increasing competition from hybrid polymers and composites
Market Segmentation: Global PEEK Market
Global PEEK Market, By Type (Unfilled, Carbon Filled, Glass Filled); By Application (Electrical & Electronics, Aerospace, Automotive, Oil & Gas, Medical, Others) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
Table Of Contents : Global PEEK Market
2 Market Segmentation
3 Market Overview
4 Executive Summary
5 Premium Insights
6 Global PEEK Market, By Type
7 Global PEEK Market, By Tumor Type
8 Global PEEK Market, By Application
9 Global PEEK Market, By End User
10 Global PEEK Market, By Geography
11 Global PEEK Market, Company Landscape
12 Company Profiles
13 Related Reports
Focus of the report: Global PEEK Market
- The study provides an in-depth analysis of the global xyz market and current & future trends to elucidate imminent investment pockets.
- Changing market dynamics of the industry
- Strategies of key players and product offerings
- In-depth market segmentation
- Recent industry trends and developments
- Analyze and forecast Global PEEK Market on the basis of type, function and application.