Polyether ether ketone (PEEK) is an organic thermoplastic polymer in the polyaryletherketone family. PEEK is a colorless semi-crystalline thermoplastic with various chemical and mechanical properties that can sustain high temperatures. It is rigid, strong, tough, and has superior creep-resistant properties. PEEK is highly resistant to the organic and aqueous environment, as well as to thermal degradation. Owing to its properties, it is extensively used in fabricating items such as piston parts, electrical cable insulations, pumps, and High Pressure Liquid Chromatography columns.
Market Dynamics
PEEK is emerging as an environment-friendly solution for various applications like automobile industry. Its usage leads to low carbon emissions compared to other polymers including anti-lock braking system , polyester laminate, polyvinyl chloride, polystyrene, and polysulphone. PEEK increases the life of the products in which it is used by providing excellent corrosion resistance. It can also perform under high temperatures for a more extended period than other polymers. It is one of the most versatile products, in terms of providing manufacturing design freedom and thus results in less dependence on labor.
PEEK's mechanical properties over a wide temperature range make it useful in manufacturing car components, ranging from internal decoration parts and functional materials to exterior parts, structural parts, and others. The good resistance, friction, and mechanical properties of PEEK promote its usage in the manufacturing of inner engine covers, manufacturing of ABS valves, gaskets, and others in automobile bearing transmission, braking, and air-conditioning systems, clutch gear ring, and various other parts. Therefore, it is estimated to drive the polyether ether ketone market growth over the forecast period.
Key Features of the Study:
- This report provides an in-depth analysis of the global polyether ether ketone market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year.
- It elucidates potential revenue opportunities across different segments and explains an attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global polyether ether ketone market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and plans
- Key companies covered as a part of this study include Zyex Ltd., Solvay S.A., Victrex plc, Panjin Zhongrun High Performance Polymers Co. Ltd., Caledonian Industries Ltd., Quadrant EPP Surlon India Ltd., Evonik Industries AG, and Jrlon Inc.
- Insights from this report would allow marketers and management authorities of companies to make an informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
- The global polyether ether ketone market report caters to various stakeholders in this industry including investors, suppliers, polyether ether ketone manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global polyether ether ketone market
Detailed Segmentation:
- Global Polyether Ether Ketone Market, By Product Type:
- Glass-filled (PEEK)
- Carbon-filled (PEEK)
- Unfilled (PEEK)
- Global Polyether Ether Ketone Market, By Application:
- Automotive
- Aerospace
- Electrical & Electronics
- Medical
- Oil & Gas
- Others
- Global Polyether Ether Ketone Market, By Region:
- North America
- Europe
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Asia Pacific
- China
- India
- Japan
- ASEAN
- South Korea
- Australia
- Rest of Asia Pacific
- Middle East & Africa
- Company Profile
- Zyex Ltd.*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Solvay S.A.
- Victrex plc
- Panjin Zhongrun High Performance Polymers Co. Ltd.
- Caledonian Industries Ltd.
- Quadrant EPP Surlon India Ltd.
- Evonik Industries AG
- Jrlon Inc.
"*" marked represents similar segmentation in other categories in the respective section