PEEK Market Overview Highlighting Major Drivers, Demand, Growth and Demand Report 2020- 2027

The global PEEK market is projected to be worth USD 1,225.7 Million by 2027, according to a current analysis by Emergen Research. The PEEK (Polyether Ether Ketone) market is observing a high demand attributed to its increasing demand from the automotive industry. A growing emphasis on safety standards and eco-friendliness is a critical factor driving the demand for PEEK in the automotive industry, which consistently focuses on reducing manufacturing costs and improving efficiency and durability to provide prolonged warranties.

The Global PEEK Market study includes a profound analysis of this business sphere focusing on the overall remuneration over the projected period, as well as scrutinizing every single industry segment at length. It is further inclusive of significant information related to the industry size and the current market scenario. The report presents an overview of the key drivers, opportunities, and restraints of the market, which clearly define its position on a global level. Furthermore, detailed insights into the geographical spectrum of the market and a concise study of the key market contenders are among the most prominent components of the global PEEK market report.

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The prominent players of the global PEEK market are expected to contribute significantly to the revenue generation owing to increasing demand for the PEEK products in the industry.

Prominent Players Profiled in the PEEK Market:

Celanese Corporation, Solvay SA, Darter Plastics Inc., Prototype & Plastic Mold Co. Inc., SABIC, Victrex PLC, Panjin Zhongrun High Performance Polymers Co. Ltd., Jrlon Inc., and Quadrant Epp Surlon India Ltd., among others.

Key Highlights From The Report

• PEEK plastic gives a maximum weight saving of 80.0% than metals. The lightweight characteristic, along with low friction and wear rate and exceptional resistance to corrosion, can enhance the total transmission efficiency.
• Peek Polymers maintains its physical form and physical characteristics under tremendously high temperatures up to 480 degrees Centigrade. It is approved by the FDA for use in the food & beverage industry. Also, it is resistant to harsh chemicals and emits significantly less amount of toxic-gases.
• Europe contributed to significant market share in 2019 attributed to stringent regulatory policies and technological innovations in the aerospace and automotive industries.

Market Segmentation:

The report categorizes the market into different key segments based on types and applications, along with key regional segmentation. The report offers insights into the segment expected to garner traction during the forecast period, and the region expected to dominate the market in the coming years.

• Product Type Outlook (Revenue, USD Billion; 2017-2027)
o Glass Filled
o Carbon Filled
o Unfilled
o Others
• Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
o Online
o Offline
• Industry Vertical Outlook (Revenue, USD Billion; 2017-2027)
o Electrical & Electronics
o Aerospace
o Automotive
o Medical
o Oil & Gas
o Others

Regional landscape of the Global PEEK Market:

• The latest report analyzes the growth trajectory of the global PEEK market, emphasizing the global dominance of the market across numerous developed and developing regions, including North America, Europe, and Asia Pacific (Japan, China, and India).
• The study elaborates on the crucial information pertaining to the regional market share, and at the same time, zeroes in on the significant details about the growth patterns of each regional market over the forecast timeline.

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Elucidating the competitive scenario of the Global PEEK Market:

• The comprehensive global PEEK market analysis includes meaningful insights into the competitive spectrum of this business sphere. It goes on to enlist the detailed profiles of each market competitor.
• The latest report includes the industry share, production facilities, development prospects,and geographies served by each market player.
• The study also showcases the extensive product portfolios of the prominent market contenders and offers critical data and information about the application scope, as well as specifications of these products.
• In addition, the study presents the fundamental market insights, pricing range of products offered by these companies, and the gross profits and losses experienced by these players throughout their market tenures.

Table of Content

Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. PEEK Market Segmentation & Impact Analysis
4.1. PEEK Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing demand for lightweight materials
4.2.2.2. Increasing demand from the aerospace industry
4.2.2.3. Increasing demand from the automotive industry
4.2.2.4. Surging demand from emerging markets
4.2.2.5. Surging demand for additive manufactured molds
4.2.3. Market restraints analysis
4.2.3.1. Cost-prohibitive product
4.2.3.2. Availability of substitutes
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis

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