Press release
PAEK Market Study 2020 Splendid Growth By Leading Players Are Caledonian Industries Ltd., Toray Advanced Composites, Jrlon, Inc., Tri-Mack Plastics Manufacturing Corporation, RTP Company, Arkema, AKRO-PLASTIC, Nanoshel LLC
PAEK Market
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Market Analysis and Insights: Global PAEK Market
PAEK market will reach an estimated valuation of USD 1395.76 million by 2027, while registering this growth at a rate of 6.30% for the forecast period of 2020 to 2027. PAEK market report analyses the growth, which is currently maintain a significant growth due to high properties and excellent performance at higher temperature and friction resistance.
The major players covered in the PAEK market report are Victrex plc., Solvay, Evonik Industries AG, Celanese Corporation, Gharda Chemicals Ltd., Ensinger, Lehmann&Voss&Co., Prototype & Plastic Mold Company, Inc., Caledonian Industries Ltd., Toray Advanced Composites, Jrlon, Inc., Tri-Mack Plastics Manufacturing Corporation, RTP Company, the Mitsubishi Chemical Advanced Materials group of companies, Arkema, AKRO-PLASTIC, Nanoshel LLC, Panjin Zhongrun High performance polymer co.,Ltd., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Polyaryletherketone (PAEK) is belongs from the family of thermoplastics having high temperature stability, mechanical strength and chemical resistance which is used in interior aviation. PAEK is widely used in various applications such as electrical and electronics, oil and gas, aerospace, medical, automotive and others.
Increasing demand from medical, aerospace and automotive industry, easy availability of metal and other conventional material replacement and surging demand for efficient and environment friendly solution are some of the factors that will enhance the growth of the PAEK market in the forecast period of 2020-2027. On the other hand, increasing application from emerging markets will further create new opportunities for the growth of PAEK market in the above mentioned forecast period.
Increasing prices of product and prevalence of product substitutes will acting as a restraint factor for the growth of PAEK market in the above mentioned forecast period.
This PAEK market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on Data Bridge Market Research PAEK market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global PAEK Market Scope and Market Size :
PAEK market is segmented on the basis of type, filler and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
On the basis of type, PAEK market is segmented into PEEK (Polyether ether ketone), PEK and PEKK (Polyetherketoneketone).
Based on filler, PAEK market is segmented into glass filled, carbon filled, unfilled and others.
PAEK market is segmented in terms of market value, volume, market opportunities and niches into multiple applications. The application segment for PAEK market include electrical and electronics, oil and gas, aerospace, medical, automotive, others.
PAEK Market Country Level Analysis:
PAEK market is analysed and market size, volume information is provided by country type, filler and application as referenced above.
The countries covered in the PAEK market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the PAEK market due to the prevalence of vast manufacturing hub and increasing growth in automotive industry. Asia-Pacific region is expected to hold the largest growth rate due to the rising demand from automotive, electronics and medical equipment sector along with new construction project will promote demand.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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