Press release
PEKK Market Expected to Expand at a Steady CAGR through 2028
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.
Click here to subscribe Sample @ https://www.factmr.com/connectus/sample?flag=S&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/View TOC@ https://www.factmr.com/connectus/sample?flag=T&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
Report Analysis@ https://www.factmr.com/report/1815/pekk-market
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
Market Dynamics
Market Size
Market Segments
Demand & Supply Trends
Current Issues and Challenges
Companies and Competitor Landscape
Value Chain
Technology
Regional Segments Analyzed Include
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
Highlights from the Report
Elaborated scenario of the parent market
Transformations in the market dynamics
Detailed segmentation of the target market
Historical, current and forecast market size based on value and volume
Latest industry developments and trends
Competition landscape
Strategies adopted by the market players and product developments made
Potential and niche segments, along with their regional analysis
Unbiased analysis on performance of the market
Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness
Buy Now This Market Report @ https://www.factmr.com/checkout/1815/S
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 Expected to Expand at a Steady CAGR through 2028 here
News-ID: 1479781 • Views: …
More Releases from Fact.MR
Agricultural Film Market is forecasted to reach US$ 21 billion with 5.9% CAGR by …
Fact.MR, a market research and competitive intelligence service, states that historically, the use of Agricultural Films grew at a 3.5% CAGR from 2016 to 2020, with the United States, China, India, and Japan holding a sizable portion of the global market. by 2021, the greenhouse film industry is expected to have grown to a valuation of over US$ 10 billion, largely due to price increases in agricultural films.
For More Insights…
Medical Equipment Rental Market is projected to expand at a CAGR of 5.5% to reac …
The latest industry analysis from Fact.MR, a company that offers competitive intelligence and market research, projects that the global Medical Equipment Rental Market will grow at a 5.5% CAGR and reach US$ 98 billion in size by the end of 2033.
The industry that deals with the short-term rental or lease of medical equipment to healthcare facilities, organizations, and individuals is known as the "medical equipment rental market." The goal of…
Craft Beer Market is forecasted to reach a value of US$ 174.68 Billion by 2032
The worldwide craft beer market was expected to be worth $76.3 billion in 2020 and $81.64 billion in 2021. The market will grow at a steady CAGR of 6.9% between 2022 and 2032. By the end of 2032, this market is predicted to have a global valuation of US$174.68 billion.
The surge in demand for more beer styles coupled with increase in per capita income among the target customers has triggered…
Window Blinds Market Forecasted to Achieve US$ 4.69 Billion by 2034
The global window blinds market is expected to reach $2.99 billion in 2024, growing at a 5.8% CAGR to $4.69 billion by the end of 2034.
Window blinds are adjustable window coverings made of slats or vanes, allowing for versatile control over light and privacy. They come in various materials, including wood, metal, or plastic, and can be easily adjusted to regulate sunlight and maintain privacy. Unlike heavy curtains, blinds are…
More Releases for PEKK
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…
Global Poly (ether-ketone-ketone) (PEKK) Market Research Report 2017
This report studies Poly (ether-ketone-ketone) (PEKK) in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering
Arkema
Rallis
Kaisheng New Materials
OPM
Polymics
To Get Sample Copy of Report visit @ https://www.qyresearchreports.com/sample/sample.php?rep_id=906860&type=E
Market Segment by Regions, this report splits Global into several key Regions, with production, consumption, revenue, market share and growth rate of…
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,…
PEKK Market by Global Manufacturers, Countries, Type and Application, Forecast t …
HTF Market Intelligence released a new research report of 118 pages on title 'Global PEKK Market by Manufacturers, Countries, Type and Application, Forecast to 2022' with detailed analysis, forecast and strategies. The study covers key regions that includes North America, Europe, Asia-Pacific, South America, Africa and important players such as Arkema, Rallis , Kaisheng ..................
Summary
""Poly (ether-ketone-ketone) (PEKK) is a semi-crystalline thermoplastic in the PAEK (Poly Aryl Ether Ketone)…
