PUBLISHER: Lucintel | PRODUCT CODE: 1153956
PUBLISHER: Lucintel | PRODUCT CODE: 1153956
PEEK Market Trends and Forecast
The future of the 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 $1.1 billion by 2027 with a CAGR of 6.4% from 2021 to 2027. The major drivers for this market are growing demand for light weight, high heat resistance, and high strength materials in different end use.
Evolution of PEEK Opportunities
PEEK opportunities are evolving from PEEK in industrial applications to PEEK in 3D printing as presented in figure below.
Emerging Trends in the PEEK Market
Emerging trends, which have a direct impact on the dynamics of the industry, include includes development of new applications, such as car gears, dental disc, and knee implants.
A total of 95 figures / charts and 77 tables are provided in this 157-page report to help in your business decisions. Learn the scope of benefits, companies researched, and other details of the PEEK market report.
PEEK Market by Segment
PEEK Market by End Use [Value ($B) and Volume (kilotons) shipment analysis for 2016 - 2027]:
Semiconductor
Mobile Film
Others Application
Pipe
Others Application
Brackets
Fasteners
Other Applications
Spine
Arthroscopy
Other Applications
Transmission System
Braking System
Gears
PEEK Market by Material [Value ($B) and Volume (kilotons) shipment analysis for 2016 - 2027]:
Unfilled
Carbon Filled
Glass Filled
PEEK Market by Region [Value ($B) and Volume (kilotons) shipment analysis for 2016 - 2027]:
North America
Europe
Asia Pacific
The Rest of the World
List of PEEK Companies
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.
PEEK Market Insight
Features of PEEK Market
FAQ
Q1. What is the PEEK market size?
Answer: The global PEEK market is expected to reach an estimated $1.1 billion by 2027.
Q2. What is the growth forecast for PEEK market?
Answer: The PEEK market is expected to grow at a CAGR of 6.4% from 2021 to 2027.
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.