According to Stratistics MRC, the Polyetheretherketone (PEEK) market is expected to grow from $538.04 million in 2016 to reach $917.22 million by 2023 with a CAGR of 7.9%. The market for PEEK is on rise due to growing demand for telecommunications, semiconductors, displays, and electronic components, from both, developed and emerging economies, is projected to fuel the growth of the electrical & electronics. The pricing constraint is the major restraint for the market growth.
Glass filled segment amongst product is estimated to dominate the market on account of applications in electrical & electronics and industrial application industry verticals. Automotive applications are leading the market application segment, due to heavy demand for vehicles because of growing population. Europe market is estimated to dominate the regional segment attributed to the strict government regulations, which increased demand for public transportation.
Some of the key players in the Polyetheretherketone (PEEK) market include Caledonian Ferguson Timpson Ltd, Celanese Corporation, Darter Plastics Inc., Evonik Industries AG, J. K. Overseas, Jrlon Inc., Panjin Zhongrun High Performance Polymers Co. Ltd, Prototype & Plastic Mold Co. Inc., Quadrant Epp Surlon India Ltd, Saudi Basic Industries Corporation (SABIC), Solvay S.A., Victrex PLC and Zyex Ltd.
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• Carbon Filled
• Glass Filled
• Electrical & Electronics
• Oil & Gas
• Other Applications
- North America
- Rest of Europe
- Asia Pacific
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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