Polyether Ether Ketone (PEEK) Market (By Product: Unfilled, Carbon Filled, Glass Filled; By Application: Medical, Automotive, Aerospace, Industrial & General Engineering, Electricals & Electronics) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Category : Chemicals and Materials | Delivery Format : PDF | Status: Published | Pages : 160


Global Polyether Ether Ketone (PEEK) Market size is examined and is expected to value around USD 1.9 billion by the end of 2026. The industry is expected to grow with a CAGR of 7.4% during the coming years.

Market Dynamics

Expanding need for superior plastics as a substitute to metals in cars by virtue of developing requirement for high productivity and low weight materials is relied upon to drive the PEEK market.

Stringent environmental regulatory system in created markets of U.S. furthermore, Europe has constrained the automobiles market vendors to utilize choices which help reducing the fuel utilization by improving overall fuel efficiency. Such regional patterns are foreseen to decidedly affect worldwide volumes over the coming years. However, the mind-boggling expense is foreseen to contrarily affect worldwide market over the forecast period. Outstanding performance features of PEEK including unrivalled quality and warmth opposition are relied upon to move product inclination in end-use ventures, for example, medical, food, aerospace, packaging, and semiconductors.

Market Insights

Automotive and industrial and general building application regions drove the market in 2018. Developing packaging concerns combined with stringent condition controls is relied upon to drive product need from modern application fragment over the forecast period.

On other hand, automobile manufacturers are concentrating on expanding eco-friendliness by diminishing automobile weight. For doing this, PEEK has developed as the best and condition well-disposed arrangement by supplanting metals. Aerospace developed as a critical application region and is relied upon to drive generally need by virtue of its expanding need in new generation passenger aircraft. These passenger aircraft primarily use carbon filled PEEK. Developing need for clinical application is additionally expected to rise as the main market driver.

Polyether ether ketone has been rising as an effective product for implantable gadgets for the most part for spinal surgery and is supplanting titanium which was basically utilized for such purposes. Carbon filled PEEK is favoured more for such medical uses.

Market Segmentation

Market By Product

  • Unfilled
  • Carbon Filled
  • Glass Filled

Market By Application

  • Medical
  • Automotive
  • Aerospace
  • Industrial & General Engineering
  • Electricals & Electronics

Market By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Chile
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Rest of MEA

Regional Insights

Europe was trailed by North America and Asia Pacific. Rising economies of India, China, and South Korea are likewise expected to fundamentally add to the regional growth by virtue of emerging industrial and customer packaging businesses. Europe drove the worldwide market by virtue of the stringent regulatory framework. These strict rules for the most part relating to condition and fuel consumption expanded the need in transportation division which thus brought about regional strength.

Asia Pacific is anticipated to observer the utmost CAGR by virtue of industrialization in India and China paired with rising environmental concerns counting harmful VOC emission levels.

Also, developing GDPs combined with government activities to advance FDI in rising economies is foreseen to additionally help the territorial need in not so distant future. Middle East and Africa is likewise expected to develop at noteworthy rate by virtue of its rising application in industrial and automotive purposes.

Market Participants

Major companies contributing the global Polyether Ether Ketone (PEEK) market are Stern Industries Inc.; Tri-Mack Plastics Manufacturing Corp.; JidaEvonik High-Performance Polymers (Changchun) Co. Ltd; Caledonian Ferguson Timpson Ltd; A. Schulman AG; Prototype & Plastic Mold Co. Inc.; J.K. Overseas; Victrex Plc; and Darter Plastics Inc.


Chemical Tanker Shipping Market (By Types: Inland Chemical Tankers (1,000-4,999 DWT), Coastal Chemical Tankers (5,000-9,999 DWT), Deep-Sea Chemical Tankers (10,000-50,000 DWT); By Application: Organic Chemicals, Inorganic Chemical, Vegetables Oils & Fats, Others (Additives, Lube Oils, and Molasses)) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

The global chemical tanker shipping market is expected to grow at a CAGR of around 5.7% from 2019 to 2026 and expected to reach the market value of around US$ 250,562.6 Mn by 2026. Chemical tanker shipping refers to the constructed ships for carrying liquid chemicals in bulk. These chemical tankers are required to fulfill safety aspects because many chemicals are flammable and toxic. Additionally, these tankers are required mandatory comp

Specialty Chemicals Market (By Type: Specialty Oilfield Chemicals, Pesticides, Construction Chemicals, Specialty Polymer, Food Additives, Others; By FunctionL: Biocides, Surfactants, Antioxidants, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

The global specialty chemicals market is expected to reach value of around US$ 301 Bn by 2026 and is anticipated to grow at a CAGR of around 4.8% in terms of revenue during the forecast period 2019 to 2026. Specialty chemicals are special type of chemicals which are produce as per the requirement of diverse industry sectors such as cosmetic, food, textile, construction chemical etc. A complex, interlinked indu

Nitrile Butadiene Rubber (NBR) Latex Market (By Product: Medical Grade, Industrial Grade; By End-User: Medical, Industrial) –Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

The global nitrile butadiene rubber (NBR) latex market value is expected to reach around US$ 2860.1 Mn by 2026, growing at a CAGR of 15.4% over the forecast period 2019 to 2026. Nitrile butadiene rubber (NBR) latex is a type of synthetic latex in liquid form with milky color. It’s a part of unsaturated acrylonitrile and butadiene copolymers family. NBR latex properties include excellent tensile strength

Peptide Synthesis Market By Product (Reagents & Consumables, Equipment, Others), By Technology (Solid Phase, Liquid Phase, Hybrid Phase), By End-User (Therapeutics, Diagnosis, Research) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 – 2026

The global peptide synthesis market is expected to grow at significant CAGR of 6.6% over the forecast period 2019 to 2026 and reach around more than USD 400 million by 2026. Peptides are organic molecules of a peptide (amide) bound amino acids. Peptide synthesis is the mechanism by which a carboxylic acid from one amino acid is compressed into the amino group of another, forming sh

Recycled Glass Market By Sources (Deposit, Buy Back/Drop-Off, Curbside), By Product (Cullet, Crushed Glass, Glass Powder), By Application (Glass Bottle & Containers, Flat Glass, Fiber Glass, Highway Beads, Abrasives, Fillers, Others) – Global Industry Analysis, Market Size, Opportunities And Forecast, 2019 - 2026

The global recycled glass market value is expected to reach around 5,723.6 million by 2026 and will grow at a CAGR of 6.0% over forecast period 2019 to 2026. Recycled glass refers to the reusing glass objects, which are preferably used for making virgin glass. The recycling of glass is a cost-effective process of virgin glass production, because it conserves natural resources, saves energy and simple to recycl

Electric Vehicle Polymers Market By Type (Engineering Plastics, Elastomers, Others), By Component (Powertrain System, Exterior, Interior, Others), By Application (Passenger Electric Vehicles, Commercial Electric Vehicles) – Global Industry Analysis, Market Size, Opportunities And Forecast, 2019-2026

The global electric vehicle polymers market size is expected to reach around 159 billion by 2026 growing at a CAGR of around 64.9% over forecast period 2019 to 2026. Electric Vehicle Polymers refers to the polymers used in electric cars for the increasing the efficiency of the vehicle by reducing the weight of the vehicle. Polymers resemble the characteristics of metals such as better flame retardancy, toughne

Cart Summary