Polyetherketoneketone (PEKK) Market Trends | Arkema (France), Rallis (India), RTP Company (US), Shandong Kaisheng New Materials Co., Ltd (China), Polymics, Ltd (US)

Polyetherketoneketone (PEKK) Market Trends Overview:

Polyetherketoneketone (PEKK) is reinforced with carbon fiber to manufacture aircraft and automobile components. It is majorly used in the manufacturing of transportation and structural engineering components. In the automotive industry, it is used in brake fluid tank and interior components of the vehicles. The increasing adoption of PEKK in the automotive industry is expected to accelerate the global market growth. The America Automotive Policy Council reported that the US automobile production is expected to exceed to 11 million in 2021 and estimated to reach 12 million in 2025.

Market Segmentation:

The polyetherketoneketone (PEKK) market has been segmented on the basis of type, application, and region. By type, the global polyetherketoneketone (PEKK) market has been divided into nucleophilic substitution and electrophilic substitution. The electrophilic substitution segment held significant market share in 2017 and is projected to dominate in the coming years owing to the rise in the application of PEKK in oil & gas extraction. The global market has been segmented based on application into aerospace, automotive, medical, oil & gas, and others. The high demand for lightweight components in the automotive industry to manufacture lightweight vehicles and curb CO2 emissions is expected to boost the growth of the segment in the coming years.

Competitive Outlook: Arkema (France) Rallis (India) RTP Company (US) Shandong Kaisheng New Materials Co. Polymics, Ltd (US) Solvay (Belgium) Oxford Performance Materials (US)

Get a Free Sample PDF Brochure — https://www.marketresearchfuture.com/sample_request/7783

Regional Analysis:

The Asia-Pacific market is expected to register a healthy CAGR during the forecast period owing to the expanding electric vehicles industry. The increasing demand for electric vehicles has surged the application of PEKK in the region in the manufacturing of lightweight components. Furthermore, the rise in disposable income, cheap airfares, and growth in the tourism sector are factors expected to fuel the growth of the aerospace industry, which consequently is expected to boost the demand for PEKK in the manufacturing of aircraft.

Polyetherketoneketone (PEKK) offers anti-bacterial benefits to medical devices, which is increasing its application in medical devices. The North American market is estimated to witness substantial growth in terms of CAGR due to the growing healthcare industry.

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 Primary Research

3.3 Secondary Research

3.4 Forecast Model

Get Complete Report for Better Understanding —  https://www.marketresearchfuture.com/reports/polyetherketoneketone-market/toc

4 Market Landscape

4.1 Supply Chain Analysis

4.1.1 Raw Material Suppliers

4.1.2 Manufacturers/Producers

4.1.3 Distributors/Retailers/Wholesalers/E-Commerce Merchants

4.1.4 End-Use Industry

4.2 Porter’s Five Forces Analysis

4.2.1 Threat Of New Entrants

4.2.2 Bargaining Power Of Buyers

4.2.3 Bargaining Power Of Suppliers

4.2.4 Threat Of Substitutes

4.2.5 Intensity Of Competitive Rivalry

About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end-users, and market players for global, regional, and country-level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

Contact:

Market Research Future®

99 Hudson Street,5Th Floor

New York, New York 10013

United States of America

Phone:

+1 628 258 0071(US)

+44 2035 002 764(UK)

Email: sales@marketresearchfuture.com

Comments

Post a Comment

Popular posts from this blog

Carbon Black Market: Anticipated Expansion and Key Developments (2023-2033)

  The carbon black market has experienced significant growth in recent years, driven by its wide range of applications across various industries. Carbon black is a fine powder produced by the incomplete combustion of hydrocarbons. It is primarily composed of carbon and possesses unique properties such as high tensile strength, conductivity, and ultraviolet (UV) resistance. The market for carbon black is influenced by factors such as the expanding automotive industry, the growing demand for specialty carbon black, and increasing applications in the construction sector. One of the key drivers for the carbon black market is the automotive industry. Carbon black is extensively used in the manufacturing of tires and rubber products. It improves the strength, durability, and abrasion resistance of tires, enhancing their performance and safety. With the rising demand for vehicles worldwide, especially in emerging economies, the demand for carbon black in the automotive sector has witnessed s
Read more

Recovered Carbon Black Market 2023, Size, Global Trends, Industry Share, Growth Rate, Top Players, Business Opportunities, Demand, Forecast 2032

 The  recovered carbon black (rCB) market  has experienced significant growth in recent years, driven by factors such as the increasing demand for sustainable products, stringent environmental regulations, and the growing emphasis on circular economy practices. Recovered carbon black refers to the recycled form of carbon black, which is a fine powder derived from the incomplete combustion of hydrocarbons. One of the key drivers for the growth of the PCB market is the rising demand for sustainable alternatives to conventional carbon black. Carbon black is widely used in various industries, including rubber manufacturing, plastics, and coatings, due to its excellent reinforcing properties and UV resistance. However, the production of virgin carbon black involves the emission of greenhouse gases and other pollutants. As a result, there is a growing need to adopt more environmentally friendly solutions, leading to the increased utilization of recovered carbon black. The market for recove
Read more

Active Calcium Silicate Market: Growth Prospects and Technological Advancements (2023-2033)

  Active Calcium Silicate Market The Active calcium silicate market has been witnessing significant growth due to the increasing demand for thermoplastic polyurethane (TPU), biocomposites, and synthetic rubber across various industries. Active calcium silicate, also known as calcium metasilicate, is a versatile material that finds applications in diverse sectors such as construction, automotive, healthcare, and food processing. One of the key drivers of the active calcium silicate market is the growing demand for thermoplastic polyurethane. TPU is a type of elastomer that offers excellent mechanical properties, including high elasticity, durability, and resistance to abrasion, chemicals, and UV radiation. TPU is widely used in the manufacturing of footwear, automotive parts, industrial belts, and sports equipment. Active calcium silicate is used as a reinforcing filler in TPU formulations, enhancing its mechanical strength, dimensional stability, and flame retardancy. Biocomposites ,
Read more