Press release
PEKK Market Segmented By application Cable, Coating, Circuit boards, Composites, Fibers, Gaskets, Machine Components, Flanges, Seals; By end use industry Automotive & Transportation, Aerospace, Electronics & Electrical, Other Industries
Rising demand for plastics from the aerospace, automotive and electronics industries will create ample opportunities for the PEKK (Polyetherketoneketone) manufacturers during the forecast period. PEKK offers high strength, toughness, stiffness and heat resistance and thus, PEKK is considered to be an important industrial plastic. PEKK is a thermoplastic polymer whose shape can be changed with the application of heat.
These polymers find a wide range of applications in aerospace and automotive industries. PEKK is used in aircraft structural parts, automotive structural parts and parts of industrial machinery and equipment. PEKK is also used in various electronics and electrical parts. Toughness and heat resistance are some of its important characteristics which are favored in the aerospace and automotive industries. The major industrial applications of PEKK include cable, coating, circuit boards, composites, fibers, gaskets, machine components, flanges and seals.
Report For Sample @ https://www.factmr.com/connectus/sample?flag=B&rep_id=1815
Global PEKK Market Dynamics
PEKK Market Drivers
The rapid growth of the automotive industry has been creating upsurge in demand for PEKK. These are used for the manufacturing of automotive coatings, composites and other parts as well as electronic products, such as high voltage equipment, semiconductors, wire and cables. High growth in aircraft demand due to increasing population and rising spending power of the population is projected to support the demand for PEKK over the forecast period. There has been significant increase in demand of high performance materials, which have been driving the business growth of PEKK. Increasing disposable income in the developing countries is pushing the automotive market.
PEKK Market Restraints
One of the major challenges faced by the global PEKK market is its high cost. Large players in the market are continuously focusing on bringing innovations and developing processes to produce low-cost PEKK products. The large players can rip out the benefits of economies of scale and thus, sustainable growth for small players in the PEKK market is one of the big challenges in this market.
Additionally, presence of various alternative materials, including light weight metals and other polymers and plastics, is another restraining factor for this market. Environmental regulations to recycle plastics is another restraining factor for the PEKK market.
PEKK Market Trends
Automotive manufacturers are focusing on creating lightweight materials for component manufacturing. PEKK is a material of choice in various automotive and automotive electronic component manufacturing processes. Growth in automotive industry in emerging economies is therefore pushing the demand for PEKK.
As per the Boeing outlook, some of the new aircrafts use a considerable amount of advanced composites. PEKK is also used in the manufacturing of various composites. High demand for these composites is expected to further push the demand for PEKK from the aerospace industry.
Request For Brochure @ https://www.factmr.com/connectus/sample?flag=B&rep_id=1815
Global PEKK Market: Regional Outlook
Automotive manufacturers are shifting from mature regions to emerging countries, such as India and China. The global PEKK market is anticipated to be dominated by the Asia Pacific region, with China leading the market, both in terms of production and consumption. India is also anticipated to witness sound growth in demand for PEKK owing to the rapid growth in the automotive industry in the country.
North America and Europe are collectively anticipated to hold significant share in the PEKK market and the growth in aerospace industry in the region is anticipated to further drive the demand for PEKK in the coming years. Significant investments and recovering economy in Brazil and Argentina are projected to drive the Latin America PEKK market. Middle East and Africa is projected to witness moderate growth in demand for PEKK over the forecast period, due to initiatives being taken by various Middle East countries towards making of a diversified economy.
Global PEKK Market Participants
Some of the market participants identified across the value chain of global PEKK market are:
Arkema Group
Gharda Plastics
TenCate Advanced Materials
Solvay
Hexcel Corporation
APEXCO-PPSi
miniFactory Oy LTD
EVONIK
Zyex Ltd
RTP Company
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application and industry.
Report Analysis @ https://www.factmr.com/report/1815/pekk-market
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: www.factmr.com/
Follow Us on Linkedin: www.linkedin.com/company/factmr/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release PEKK Market Segmented By application Cable, Coating, Circuit boards, Composites, Fibers, Gaskets, Machine Components, Flanges, Seals; By end use industry Automotive & Transportation, Aerospace, Electronics & Electrical, Other Industries here
News-ID: 1342930 • Views: …
More Releases from Fact.MR
Bioinformatics Market is Growing at a CAGR of 13.4% by 2034 | Fact.MR Report
The latest report on the Bioinformatics Market, projecting robust growth driven by the increasing demand for genomic research, advancements in artificial intelligence (AI), and the rising adoption of precision medicine. Valued at USD 14.29 billion in 2024, the global market is forecast to expand at a compound annual growth rate (CAGR) of 13.4%, reaching USD 50.25 billion by 2034. This significant growth underscores the critical role of bioinformatics in decoding…
Residential Robotic Vacuum Cleaner Market to Reach USD 11.6 Billion by 2033 | Ke …
Fact.MR today released its latest report on the Residential Robotic Vacuum Cleaner Market, projecting robust growth driven by increasing demand for automation, busy lifestyles, and advancements in smart home technologies. Valued at USD 3.0 billion in 2023, the global market is forecast to expand at a compound annual growth rate (CAGR) of 14.4%, reaching USD 11.6 billion by 2033. This significant growth highlights the rising adoption of robotic vacuum cleaners…
Brain-Computer Interface Market is Estimated to Reach USD 6.5 Billion by 2033
The global brain-computer interface (BCI) market was valued at USD 1.6 billion in 2022 and is projected to reach USD 6.5 billion by 2033, growing at a compound annual growth rate (CAGR) of 13.6% from 2023 to 2033. This expansion reflects the increasing adoption of BCI technologies in medical applications, driven by advancements in neuroscience, AI, and sensor technologies. BCIs enable direct communication between the brain and external devices, offering…
Orally Disintegrating Tablet Market is Projected to Reach USD 72.68 Billion by 2 …
The global orally disintegrating tablet (ODT) market is valued at USD 24.45 billion in 2024 and is forecasted to expand at a compound annual growth rate (CAGR) of 11.5%, reaching USD 72.68 billion by 2034. This robust growth is driven by the increasing demand for patient-friendly dosage forms, particularly among the elderly, pediatric, and dysphagic populations, who benefit from ODTs' ease of administration without water and rapid dissolution. ODTs enhance…
More Releases for PEKK
PEKK Market: Comprehensive study explores Huge Growth in Future | Rallis, Arkema …
A study published on Global PEKK Market, includes exploratory survey, qualitative commentary on changing market dynamics with market sizing and estimates for 18+ Global Countries, business segments and applications. The identification of hot and emerging players is completed by profiling 50+ Industry players; some of the profiled players are Arkema, Rallis, Kaisheng, OPM & Polymics
Get Inside Scoop of the report, request for sample @: https://www.htfmarketreport.com/sample-report/2967081-global-pekk-market-17
Latest analysis highlights high growth emerging…
PEKK Market Pegged for Robust Expansion During 2018 – 2028
Global PEKK Market Introduction
Rising demand for plastics from the aerospace, automotive and electronics industries will create ample opportunities for the PEKK (Polyetherketoneketone) manufacturers during the forecast period. PEKK offers high strength, toughness, stiffness and heat resistance and thus, PEKK is considered to be an important industrial plastic. PEKK is a thermoplastic polymer whose shape can be changed with the application of heat. These polymers find a wide range of applications…
Global PEKK Market 2019 - Arkema, Rallis, Kaisheng, OPM
This new report by Eon Market Research, titled “Global PEKK Market 2019 Research Report, 2015 – 2025” offers a comprehensive analysis of PEKK industry at a global as well as regional and country level. Key facts analyzed in this report include the PEKK market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025. This report primarily focuses on the study of the competitive…
PEKK Market Expected to Expand at a Steady CAGR through 2028
Global PEKK Market Introduction
Rising demand for plastics from the aerospace, automotive and electronics industries will create ample opportunities for the PEKK (Polyetherketoneketone) manufacturers during the forecast period. PEKK offers high strength, toughness, stiffness and heat resistance and thus, PEKK is considered to be an important industrial plastic. PEKK is a thermoplastic polymer whose shape can be changed with the application of heat. These polymers find a wide range of applications in…
Poly (Ether-Ketone-Ketone) (PEKK) Industry Worldwide Market Research Report 2017
Orbis Research has announced the addition of the “2017 Market Research Report on Global Poly (Ether-Ketone-Ketone) (PEKK) Industry” to store by company, by country, and by application/type for the competitive landscape analysis.
In our aim to provide our erudite clients with the best research material with absolute in-depth information of the market, our new report on Global Poly (Ether-Ketone-Ketone) (PEKK) Market is confident in meeting their needs and expectations. The 2017…
Global PEKK Market 2017 - Arkema, Rallis, Kaisheng, OPM, Polymics
"Poly (ether-ketone-ketone) (PEKK) is a semi-crystalline thermoplastic in the PAEK (Poly Aryl Ether Ketone) family, with high heat resistance, chemical resistance and the ability to withstand high mechanical loads.
PEKK is a part of the high Performance of Poly Aryl Ether Ketone (PAEK) polymer family.
The other PAEK polymers are PEEEK, PEK and PEEK."
Scope of the Report:
This report focuses on the PEKK in Global market, especially in North America, Europe and Asia-Pacific,…
