PUBLISHER: Lucintel | PRODUCT CODE: 1266739
PUBLISHER: Lucintel | PRODUCT CODE: 1266739
The future of the global PEEK market looks promising with opportunities in the aerospace, automotive, electronics, oil & gas, and medical end use. The global PEEK market is expected to reach an estimated $1.3 billion by 2028 with a CAGR of 5.3% 2022 to 2028. The major drivers for this market are growing demand for light weight, high heat resistance, and high strength materials in different end use.
Emerging trends, which have a direct impact on the dynamics of the industry, include includes development of new applications, such as car gears, dental disc, and knee implants.
A total of 95 figures / charts and 77 tables are provided in this 157-page report to help in your business decisions.
The study includes a forecast for the global PEEK market by end use, material and region as follows:
PEEK Market by End Use [Value ($B) and Volume (kilotons) shipment analysis for 2017 - 2028]:
PEEK Market by Material [Value ($B) and Volume (kilotons) shipment analysis for 2017 - 2028]:
PEEK Market by Region [Value ($B) and Volume (kilotons) shipment analysis for 2017 - 2028]:
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies PEEK companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the PEEK companies profiled in this report includes.
Q1. What is the PEEK market size?
Answer:The global PEEK market is expected to reach an estimated $1.3 billion by 2028.
Q2. What is the growth forecast for PEEK market?
Answer:The PEEK market is expected to grow at a CAGR of 5.3% from 2022 to 2028.
Q3. What are the major drivers influencing the growth of the PEEK market?
Answer: The major drivers for this market are growing demand for light weight, high heat resistance, and high strength materials in different end use.
Q4. What are the major applications or end use industries for PEEK?
Answer:Electronics and oil & gas use are the major end use for PEEK.
Q5. What are the emerging trends in PEEK market?
Answer:Emerging trends, which have a direct impact on the dynamics of the industry, development of new applications, such as car gears, dental disc, and knee implants.
Q6. Who are the key PEEK companies?
Answer:Some of the key PEEK companies are as follows:
Q7.Which PEEK product segment will be the largest in future?
Answer: Lucintel forecasts carbon filled PEEK will remain the largest segment and it is expected to witness the highest growth over the forecast period due to its excellent mechanical properties and its growing demand in end use.
Q8: In PEEK market, which region is expected to be the largest in next 5 years?
Answer:Europe is expected to remain the largest region over next 5 years
Q9. Do we receive customization in this report?
Answer:Yes, Lucintel provides 10% Customization Without any Additional Cost.