Sunday, February 28, 2021

PEEK Market - Global Industry Analysis, Size, Share, Growth and Forecast 2020 - 2027

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.

You Can Download Free Sample PDF Copy of PEEK Market at https://www.emergenresearch.com/request-sample/297

Key Highlights From The Report

In October 2019, Solvay launched KetaSpire® PEEK XT, which provides the benefits of standard PEEK’s chemical resistance and improved strength and rigidity at higher temperatures.

PEEK plastic gives a maximum weight saving of 80.0% than metals. The lightweight characteristic, along with low friction and wear rate and exceptional resistance to corrosion, can enhance the total transmission efficiency.

Peek Polymers maintains its physical form and physical characteristics under tremendously high temperatures up to 480 degrees Centigrade. It is approved by the FDA for use in the food & beverage industry. Also, it is resistant to harsh chemicals and emits significantly less amount of toxic-gases.

Europe contributed to significant market share in 2019 attributed to stringent regulatory policies and technological innovations in the aerospace and automotive industries.

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.

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

The global PEEK market can geographically segmented into the following significant regions:

North America (U.S. and Canada)

Latin America (Brazil)

Asia Pacific (Australia, China, Japan, India)

Europe (U.K., Germany, France)

Middle East & Africa (Egypt, South Africa, Israel, Turkey, GCC Countries)

Read more@ https://www.emergenresearch.com/industry-report/polyether-ether-ketone-market

Table of Content

Chapter 1. Methodology & Sources

    1.1. 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. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. PEEK (QCL) Market Segmentation & Impact Analysis

    4.1. PEEK (QCL) Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. Growing Demand for PEEKs in Healthcare Applications

                    4.2.2.2. Increasing Use of PEEKs in Gas Sensing

          4.2.3. Market restraints analysis

                    4.2.3.1. High Cost

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. PEEK (QCL) Market By Fabrication Technology Insights & Trends, Revenue (USD Million)

Chapter 6. PEEK (QCL) Market By Packaging Type Insights & Trends Revenue (USD Million)

Chapter 7. PEEK (QCL) Market By Mode of Operation Insights & Trends Revenue (USD Million)

Chapter 8. PEEK (QCL) Market By End Use Insights & Trends Revenue (USD Million)

Chapter 9. PEEK (QCL) Market Regional Outlook

Continued…

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