PEEK Market size was valued at US$ 678.62 Mn. in 2021 and the total revenue is expected to grow at a CAGR of 6.3% through 2022 to 2029, reaching nearly US$ 1106.36 Mn.
PEEK Market Overview
Maximize Market Research provides a brief description of PEEK Market It includes a detailed overview of the PEEK market that highlights standard topics and customizes the data as needed. This overview help clients decide how to approach the market and also helps investors to understand the situation in the PEEK industry.
PEEK Market Report Scope and Research Methodology
The research provides a comprehensive analysis of the global PEEK market size, growth, supply, demand, share, innovations, and recent developments. The key stakeholders in the PEEK industry can use the statistics, tables, and figures in the report for strategic planning that leads to the organization’s success. The PEEK market report covers the PEEK key players in the industry, including Company Profile, Revenue, Product Specifications, Production Capacity/Sales, Price, and Gross Margin Sales, as well as an in-depth analysis of the market’s competitive landscape. The bottom-up approach was used to estimate the PEEK market size. SWOT analysis and Porter’s Five Force Analysis are used to define, characterize and analyze the PEEK market competition landscape, with a focus on global key players.
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PEEK Market Regional Insights
A clear understanding of local energy, economic, political and geographic variables in each region is provided in the PEEK market report in detail. The report helps clients to understand regional insights, ensuring PEEK market effects and local growth opportunities as well as constraints at the country level.
PEEK Market Segmentation
Based on the End-User, the market is segmented into Electrical & Electronics, Aerospace, Automotive, Oil & Gas, Medical, and Others. Electrical & Electronics segment is expected to grow rapidly at a CAGR of % during the forecast period. An increasing demand from end applications of electrical & electronics industry, such as electrical connectors, transformers, cable sheaths, and others are driving this sector’s growth. This is the key factor that drives the growth of the electrical & electronics industry segment in the global market during the forecast period 2021-2029.
Based on the Type, the market is segmented into Glass Filled, Carbon Filled, and Unfilled. Glass Filled type segment is expected to hold the largest market shares of % by 2029. An increasing demand for PEEK products with larger strength and stiffness from major end-use industries and PEEK products are used in an extensive range of industrial applications, due to the ability to provide enhanced mechanical and thermal properties. These are the key factor that drives the growth of the Glass Filled type segment in the global market during the forecast period 2021-2029.
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PEEK Market Key Players
• Victrex PLC
• Solvay S.A.
• Evonik Industries AG
• Saudi Basic Industries Corporation (SABIC)
• Panjin Zhongrun High Performance Polymers Co. Ltd
• Celanese Corporation
• Zyex Ltd
• Quadrant Epp Surlon India Ltd
• Prototype & Plastic Mold Co. Inc.
• Jrlon Inc.
• J. K. Overseas
• Darter Plastics Inc.
• Caledonian Ferguson Timpson Ltd
• Stern Industries Inc.
• A. Schulman Inc.
• Mitsubishi Chemical Corporation
• PolyOne Corporation
• LATI Industria Termoplastici S.p.A.
• Saudi Basic Industries Corporation (SABIC)
Key questions answered in the PEEK Market are:
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