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Polyether Ether Ketone (PEEK) Market Share, Size, Industry Profile, Market Prize, Forecast and Overview
Global polyether ether ketone (PEEK) market is expected to reach USD 765.7 million by 2020. Shift towards reducing overall weight of automobiles by substituting metals with high performance plastics is expected to drive the global PEEK market over the forecast period. Stringent regulations particularly in the U.S. and Europe to minimize fuel consumption by improving fuel efficiency have prompted PEEK adoption across the automotive industry. Superior performance features have also contributed towards its increasing penetration across medical, food, semiconductors, aerospace and industrial sectors. For overview analysis, the report introduces Automotive Battery basic information including definition, classification, application, industry chain structure, industry overview, policy analysis, and news analysis, etc. Browse Detail Report With TOC http://www.hexareports.com/report/polyether-ether-ketone-peekmarket-analysis-by-product-unfilled-carbon-filled-glass-filled-by-application-medical-automotiveaerospace-industrial-electrical-amp-electronics-and-segment-forecasts-to-2020/details
Global PEEK market demand was 4,320 tons in 2013 and is expected to reach 7,562.7 tons by 2020, growing at a CAGR of 8.4% from 2014 to 2020. PEEK is majorly used for industrial applications which accounted for 27.6% of total market volume 2013. Stringent environment regulations for packaging are expected to drive PEEK demand for industrial