Polyether Ether Ketone (PEEK) Market : Facts, Figures and Analytical Insights 2020-2023

The report provides a valuable source of insightful data for business strategists and competitive analysis of Polyether Ether Ketone (PEEK) Market. It provides the Polyether Ether Ketone (PEEK) industry overview with growth analysis and futuristic cost, revenue and many other aspects. The research analysts provide an elaborate description of the value chain and its distributor analysis. This Tire Polyether Ether Ketone (PEEK) study provides comprehensive data which enhances the understanding, scope and application of this report.

Global Polyether Ether Ketone (PEEK) Market is projected to display a positive growth represented by a CAGR of 8.66% during 2018 - 2023.

A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Polyether Ether Ketone (PEEK) Market. The Global Polyether Ether Ketone (PEEK) Market has been analyzed By Applications (Electrical & Electronics, Automotive, Oil & Gas, Medical, Aerospace, Others) and By Type (Glass Unfilled, Carbon Unfilled, Unfilled). The Global Polyether Ether Ketone (PEEK) Market has been analyzed By Region (North America, Europe, Asia-Pacific and Rest of the World) and By Country (U.S, U.K, France, China, India, Germany, Canada) for the historical period of 2013-2017 and the forecast period of 2018-2023.

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Prominent Players in the global Polyether Ether Ketone (PEEK) market are –
Victrex, Solvay, Evonik, Panjin Zhongrun High Performance Polymers, Caledonian Industries, Quadrant, Ensinger Plastics.

Industry News:

Bollate, ITALY, October. 16, 2019 --- Solvay introduces KetaSpire® PEEK XT, the industry’s first true high-temperature PEEK, at K 2019. This innovative material offers the chemical resistance of standard PEEK plus significantly higher strength and stiffness at elevated temperatures.
Solvay’s KetaSpire® polyetheretherketone (PEEK) XT delivers the exceptional chemical resistance of PEEK along with a 20°C (36°F) higher glass transition temperature and a 45°C (81°F) higher melting temperature than standard PEEK. Although other high-temperature polyketones exhibit thermal properties on par with KetaSpire® PEEK XT, their chemical resistance is significantly inferior to PEEK and KetaSpire® PEEK XT.

10 April 2017: Polymer and composite supplier Solvay has introduced two new lubricated grades of Zeniva polyetheretherketone (PEEK) to its range of biocompatible polymers for use in implantable devices. New Zeniva ZA-500L and ZA-600L PEEK are suitable for injection molding.

Solvay’s implantable Zeniva PEEK has a modulus of elasticity similar to that of cortical bone, minimizing reduction in bone density by maintaining normal stress on surrounding bone tissue. It also eliminates the risk of allergic reactions to heavy metals, and its radiolucent properties will not interfere with X-ray and computed tomography scanning procedures.

May 4, 2020: Evonik launches implant-grade PEEK filament for medical applications in 3D printing

In so doing, the specialty chemicals company is setting new standards for developing and manufacturing custom-made plastic implants, which can now be created using additive manufacturing processes that meet the requirements of ASTM F2026 (the standard specification for PEEK polymers for surgical implant applications).

Sold under the brand name VESTAKEEP® i4 3DF, this PEEK filament is an implant-grade material based on VESTAKEEP® i4 G, a highly viscous, high-performance polymer from Evonik. Customers will be impressed by the product’s biocompatibility, biostability, x-ray transparency, and easy handling. The filament is produced under cleanroom conditions and then subjected to stringent quality management standards for medical materials.

Over the recent years, global PEEK market has been witnessing growth, on account of several driving factors including rising demand for automotive, surging investment in aerospace & defence industry, rising demand of aircrafts, electronic products and medical devices, growing government initiatives for reducing carbon-dioxide level. Industrial applications of PEEK include its use in pumps and compressors, sealing rings, and transport systems. This material is used to replace metal in applications that require substantial quantities of metal, such as offshore and aviation. Furthermore, rising demand for electric cars & light weight automotive has been driving the revenue of PEEK companies. Besides, the growing global consumer awareness regarding environment-protection and the resultant demand for fuel-efficient, lightweight vehicles have forced the manufacturers in the automotive sector to reduce the overall weight of the vehicles.

Scope of the Report

-Polyether Ether Ketone (PEEK) Market Size, Share & Forecast
-Segmental Analysis Standalone and Chained
- Chained/Organized Polyether Ether Ketone (PEEK) Sizing, Growth, Forecast
-Market Entry Strategies for Domestic/Foreign Players
-Policy & Regulatory Landscape
-Changing Market Trends & Emerging Opportunities
-Competitive Landscape & Strategic Recommendations

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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What are the market factors that are explained in the report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Global Polyether Ether Ketone (PEEK) Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

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