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 projecte