Polyether Ether Ketone Market 2022 Analysis, Drivers, Opportunities, Trends, Applications, And Growth Forecast To 2030

 

Polyether Ether Ketone Market- Segmentation

Polyether ether ketones are widely used in the electrical industry owing to its ability to maintain mechanical properties in high temperature. PEEK is classified as unfilled, carbon filled, and glass field. Glass filled PEEK is majorly used as a result of strong chemical & creep resistance, biocompatibility, FDA compliance and excellent electrical properties. It is increasingly used in the manufacturing of cable insulator, high-temperature connector, and other electronic equipment such as telecommunications, home appliances, and vehicles. The demand for carbon filled PEEK is rising from automotive, marine, and aerospace industry due to less energy consumption and enhanced compressive strength and stiffness. Due to its biocompatibility, the product is increasingly appealing in the healthcare industry. Moreover, its mechanical property similar to that of bone makes it suitable to use in dental implants and spinal fusion. R&D investment by the market players has also found suitability of PEEK in 3D printing.

The global Polyether Ether Ketone market is segmented into type, applications, and region.

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Competitive Analysis

Some of the prominent players in the global polyether ether ketone market are Solvay (Belgium), Victrex plc (U.K), Evonik Industries AG (Germany), Darter Plastics, Inc. (U.S.), Jrlon, Inc. (New York), Caledonian Ferguson Timpson Ltd (U.K), Zyex (U.K), SABIC, Saudi basic Industries Corporation (Saudi Arabia), Celanese Corporation (U.S.), Quadrant Epp Surlon India Limited (India), Stern Companies (U.S.).

On the basis of the type, the polyether ether ketone market is divided into unfilled, carbon filled, and glass field.

Based on the application, the global polyether ether ketone market is segmented into electrical, medical, automotive, aerospace, marine, and others.

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Geographically, the market is divided into five key regions, including Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

Polyether Ether Ketone Market Regional Analysis

Asia Pacific is leading the global market owing to the growing electrical, automotive, and aerospace industries. Increasing demand for the telecommunications, displays, and other electronic gadgets are driving the market growth in this region. Furthermore, rising mandate for the electric vehicles for reducing the carbon emission in the environment is augmenting the PEEK market growth. Rapidly expanding automotive and aerospace industry due to the economic development of the country is stimulating the product demand further.

North America and Europe are the growing regions in the polyether ether market as a result of the booming aerospace industry due to rising number of air traffic in the developing countries such as India, China, and Thailand coupled with rising purchasing power.

TABLE OF CONTENTS

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat Of New Entrants

4.1.2 Bargaining Power Of Buyers

4.1.3 Bargaining Power Of Suppliers

4.1.4 Threat Of Substitutes

4.1.5 Segment Rivalry

4.2 Value Chain/Supply Chain Of Global Polyether Ether Ketone Market

5 Industry Overview Of Global Polyether Ether Ketone Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact Analysis

5.4 Market Challenges

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