LONDON--(BUSINESS WIRE)--Nov 10, 2020--

The global polyether ether ketone (PEEK) market size is expected to grow by USD 236.29 million during 2020-2024, progressing at a CAGR of over 6% during the forecast period.

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Technavio has announced its latest market research report titled Global Polyether Ether Ketone (PEEK) Market 2020-2024 (Graphic: Business Wire)

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The recyclable nature of PEEK is one of the major factors propelling market growth. However, factors such as high cost associated with PEEK will hamper market growth.

PEEK can be easily recycled either mechanically or as a feedstock. Based on the suitability, and depending on the design, availability, and choice of sorting facilities and the regional logistics, local legislation, and recycling costs, PEEK can be recycled using various treatments such as incineration, thermolysis, mechanical recycling, and solvolysis. With the high costs involved with its consumption, this recyclable nature of PEEK will be one of the primary factors that will have a positive impact on the growth of this global market.

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Global Polyether Ether Ketone (PEEK) Market: Application Landscape

The electrical and electronics sector is the largest consumer of PEEK. In the electrical and electronics sector, protection for electrostatic and shielding is preferred, and PEEK ideally solves the challenges faced by this sector. Some of the challenges that will be potentially avoided with the use of PEEK are EMI/RFI shielding, weight reduction from metals to plastics, and flame retardancy.

Global Polyether Ether Ketone (PEEK) Market: Geographic Landscape

Europe was the largest polyether ether ketone market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The increasing demand for high-performance automotive components in Europe will significantly drive polyether ether ketone market growth in this region over the forecast period. 36% of the market’s growth will originate from Europe during the forecast period. Germany and the Russian Federation are the key markets for polyether ether ketone in Europe.

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Companies Covered

• BIEGLO GmbH
• Caledonian Industries Ltd.
• Ensinger GmbH
• Evonik Industries AG
• LyondellBasell Industries NV
• Mitsubishi Chemical Holdings Corp.
• PolyOne Corp.
• RTP Co.
• Solvay SA
• Victrex Plc

   

What our reports offer:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers market data for 2019, 2020, till 2024
• Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

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Polyether Ether Ketone (PEEK) Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist in polyether ether ketone (PEEK) market growth during the next five years
• Estimation of the polyether ether ketone (PEEK) market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the polyether ether ketone (PEEK) market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of polyether ether ketone (PEEK) market, vendors

Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Market characteristics
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five forces summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Application

• Market segments
• Comparison by Application
• Electrical and electronics - Market size and forecast 2019-2024
• Automotive - Market size and forecast 2019-2024
• Aerospace - Market size and forecast 2019-2024
• Oil and gas - Market size and forecast 2019-2024
• Others - Market size and forecast 2019-2024
• Market opportunity by Application

Market Segmentation by Type

• Market segments
• Comparison by Type
• Glass-filled PEEK - Market size and forecast 2019-2024
• Carbon-filled PEEK - Market size and forecast 2019-2024
• Unfilled PEEK - Market size and forecast 2019-2024
• Market opportunity by Type

Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• Europe - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• BIEGLO GmbH
• Caledonian Industries Ltd.
• Ensinger GmbH
• Evonik Industries AG
• LyondellBasell Industries NV
• Mitsubishi Chemical Holdings Corp.
• PolyOne Corp.
• RTP Co.
• Solvay SA
• Victrex Plc

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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INDUSTRY KEYWORD: CHEMICALS/PLASTICS MANUFACTURING

SOURCE: Technavio Research

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PUB: 11/10/2020 12:35 PM/DISC: 11/10/2020 12:35 PM

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