PEEK Market Size, Share, Forecast, Overview and Key Companies...

PEEK Market Size, Share, Forecast, Overview and Key Companies Analysis by 2028

Posted 2021-08-16 09:16:33

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The global PEEK market is projected to be worth USD 1,225.7 Million by 2027, according to a current analysis by Emergen Research. The PEEK (Polyether Ether Ketone) market is observing a high demand attributed to its increasing demand from the automotive industry. A growing emphasis on safety standards and eco-friendliness is a critical factor driving the demand for PEEK in the automotive industry, which consistently focuses on reducing manufacturing costs and improving efficiency and durability to provide prolonged warranties. The growing necessity for automotive weight reduction, fueled by the need to have better mileage and lower carbon dioxide emissions, are causative of the miniaturization of the automotive component and modules and functional incorporation.

The report provides detailed insights into PEEK market size, market trends, industry trends, consumer trends, market forecast, revenue share growth, along with ranging impacts of each driver on market size. It also provides analysis of various factors expected to restrain or limit potential growth in PEEK market size over the forecast period, 2020–2028. The report includes profiles of major players in the PEEK market, strategies being employed/deployed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.

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Global PEEK market size expansion is significantly supported by contribution from major segments and increasing deployment in a range of applications.While conducting primary research, the researchers observed that the rapid growth of the PEEK Market through the forecast duration is driven by the niche and emerging opportunities for the producers engaged in the worldwide PEEK market. The worldwide PEEK market has been categorized as product, end-user, and major geographic regions.

Consequently, OEMs are focusing on advanced and innovative materials such as PEEK, possessing lightweight and high specific strength to manufacture cost-effective parts with enhanced performance. Moreover, PEEK, with its exceptional ductility and high fatigue strength, is beneficial in lowering maintenance resulting in uptime and increased productivity. Superior combination of high fatigue strength and ductility.

In addition, rapidly rising demand and deployment in respective sectors/industries in major and developing countries is supporting growth in terms of PEEK market share contribution of these countries. In addition, PEEK market share contribution is expected to continue to incline steadily over the forecast period due to favorable government policies, advancements in technology, and steady economic growth across various regions and countries.

Top key vendors in PEEK Market include are:

Key participants include Celanese Corporation, Solvay SA, Darter Plastics Inc., Evonik Industries, Prototype & Plastic Mold Co. Inc., SABIC, Victrex PLC, Panjin Zhongrun High Performance Polymers Co. Ltd., Jrlon Inc., and Quadrant Epp Surlon India Ltd., among others.

Emergen Research has segmented the global PEEK market on the basis of product type, distribution channel, industry vertical, and region:

Product Type Outlook (Revenue, USD Billion; 2017-2027)
- Glass Filled
- Carbon Filled
- Unfilled
- Others

Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
- Online
- Offline

Industry Vertical Outlook (Revenue, USD Billion; 2017-2027)
- Electrical & Electronics
- Aerospace
- Automotive
- Medical
- Oil & Gas
- Others

Access the Entire Report packed with TOC, Tables and Figures and Outline of Prominent Companies@ https://www.emergenresearch.com/industry-report/polyether-ether-ketone-market

In terms of PEEK market share and revenue contribution to the global PEEK market, North America is expected to maintain its dominance over other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting rapid increase in PEEK market share.

The market intelligence report on the PEEK Industry also includes an extensive investigation of the competitive landscape. It assesses the business and marketing strategies expected to be present in the market through the forecast years. It also includes an investigation of the recent advancements and other factors driving the growth of the overall market to help comprehend the progress of the companies in the coming years.

Region wise performance of the PEEK industry

In terms of PEEK market size, North America is expected to remain dominant among the other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting PEEK market size growth.

Asia Pacific PEEK market size is expected to remain steady, and register fastest revenue growth rate between 2020 and 2028. Rapid revenue growth rate in countries such as China and India is attributable to rapid growth in PEEK market size in Asia Pacific, and the trend is expected to continue going ahead.

Continuous developments in countries in Europe is expected to support growth in regional market size over the forecast period.

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

United States
Europe
China
Japan
Southeast Asia
India

We can also provide the customized separate regional or country-level reports, for the following regions:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

We can customize our reports for our customers, for instance, we can add or remove manufacturers, applications or product types, whatever you need in the report. Ask for it by contacting us@ https://www.emergenresearch.com/request-for-customization/297

The research provides answers to the following key questions:

What will be the growth rate and the market size of the PEEK industry for the forecast period 2020-2027?
What are the major driving forces expected to impact the development of the PEEK market across different regions?
Who are the major driving forces expected to decide the fate of the PEEK industry worldwide?
Who are the prominent market players making a mark in the PEEK market with their winning strategies?
Which PEEK industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
What are the key barriers and threats believed to hinder the development of the industry?
What are the future opportunities in the PEEK market?

Table of Content

Chapter 1. Methodology & Sources

1.1. PEEK Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. PEEK Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2021-2028