Polyether Ether Ketone (PEEK) Market Analysis, Size, Growth, Share & Forecast to 2026 | Grand View Research Inc.
“PEEK Market To Reach $1.18 Billion By 2026 | CAGR: 7.2%�
The global polyether ether ketone market size is anticipated to reach USD 1.18 billion by 2026. It is anticipated to expand at a CAGR of 7.2% over the forecast period. Increasing demand for high-performance plastics as a substitute to metals in automobiles on account of growing need for high efficiency and low weight materials is expected to drive the PEEK market. Stringent environmental regulatory framework in developed markets of U.S. and Europe has forced the automobile industry participants to use alternatives which help decrease fuel consumption by enhancing overall fuel efficiency. Such regional trends are anticipated to positively impact global volumes over the forecast period. Excellent performance features of PEEK including superior strength and heat resistance are expected to propel product preference in end-use industries such as food, medical, aerospace, semiconductors, and packaging. Carbon filled was the major product segment and accounted for approximately 45.43% of total market share in terms of revenue in 2018. The product finds application in industrial, electric, and electronics applications. Carbon filled polyether ether ketone is anticipated to witness the highest CAGR from 2019 to 2026.
Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/polyether-ether-ketonepeek-industry Further key findings from the report suggest:
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Automotive emerged as the leading consumer of PEEK in 2018. Increasing need for a highly efficient material to reduce fuel consumption and to lower emission levels is expected to drive this segment
Europe was the leading regional market in 2018, owing to stringent environmental regulatory framework to curb overall weight of automobiles
Asia Pacific is expected to witness the highest CAGR on account of industrialization in China and India coupled with growing environmental concerns including noxious VOC emission levels
Key companies operating in the Polyether Ether Ketone (PEEK) market include Tri-Mack Plastics Manufacturing Corp.; Caledonian Ferguson Timpson Ltd; Prototype & Plastic Mold Co. Inc.; Victrex Plc; Darter Plastics Inc.; J.K. Overseas; A. Schulman AG; Jida Evonik High-Performance Polymers (Changchun) Co. Ltd; and Stern Industries Inc.
Grand View Research has segmented the global Polyether Ether Ketone (PEEK) market on the basis of product, application, and region: Polyether Ether Ketone (PEEK) Product Outlook (Volume, Tons; Revenue, USD Million, 2014 2026) Unfilled
Carbon Filled
Glass Filled
Polyether Ether Ketone (PEEK) Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2026) Medical
Automotive
Aerospace
Industrial & General Engineering
Electricals & Electronics
Polyether Ether Ketone (PEEK) Region Outlook (Volume, Tons; Revenue, USD Million, 2014 2026) North America
o
U.S
o
Canada
Europe
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o
Germany
o
U.K.
o
France
o
Italy
Asia Pacific o
China
o
India
o
Japan
o
South Korea
o
Taiwan
Central & South America o
Brazil
Middle East and Africa o
Saudi Arabia
Table of Contents Chapter 1 Methodology and Scope 1.1 Research Methodology 1.2 Research Scope and Assumptions 1.3 List of Abbreviations 1.4 List of Data Sources Chapter 2 Executive Summary 2.1 Market snapshot Chapter 3 PEEK Market Variables, Trends, and Scope 3.1 Market Segmentation & Scope 3.2 Years considered for the study 3.3 Penetration & Growth Prospect Mapping 3.4 PEEK Market - Value chain analysis 3.5 Regulatory Framework Analysis 3.5.1 US. EPA EPCRA SARA Title III 3.5.2 Regulation (EC) No 1272/2008 of The European Parliament And Of The Council 3.6 PEEK - Market dynamics 3.6.1 Market Driver Analysis 3.6.1.1 Surge in replacement of metals with lightweight elements 3.6.1.2 Environmental Viability Of Peek 3.6.2 Market Restraint Analysis
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3.6.2.1 Costlier Than Other Substitutes 3.7 PEEK Market- Porter’s analysis 3.8 PEEK market - PESTEL analysis Continue………….. About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market y provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and factbased research across a range of industries including technology, chemicals, materials, healthcare and energy. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519 Email:sales@grandviewresearch.com For More Information:http://www.grandviewresearch.com
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