Press release
Polyarylether (PAEK) Market to reach USD 1.42 Bn by 2029, emerging at a CAGR of 6.2 percent and forecast 2023-2029
Polyarylethere (PAEK) Market
The report's findings are based on a rigorous research methodology, involving a mix of qualitative and quantitative analysis. The study employs industry-standard tools such as PORTER, SVOR, and PESTEL analysis to assess macroeconomic factors impacting the market. Both internal and external influences on the business have been scrutinized to provide decision-makers with valuable insights.
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What are Polyarylether (PAEK) Market Dynamics:
Polyarylether (PAEK)'s superior properties such as high strength, lightweight, and durability are increasing its applications in various industrial applications. Increasing demand for Polyarylether (PAEK) in wind energy, automotive & & transportation, aerospace & defense, and construction industries is expected to drive the market in the forecast period. However, high volatility in the raw material prices and issues related to recyclability can restrain the development of the global Polyarylether(PAEK) market.
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Polyarylether (PAEK) Market Regional Insights:
North America: Dominates the demand for PAEK, with significant growth projected at a CAGR of 7.6% during 2020-2026. The region's robust automotive manufacturing base, exemplified by companies like Jrlon, Inc., Tri-Mack Plastics Manufacturing Corporation, and RTP Company, fuels the demand.
Asia Pacific: Set to be the dominant region in the PAEK market, Asia Pacific held over 16.7% of the market share in 2019, with strong growth anticipated. Booming automotive, electronics, and medical equipment sectors in China, along with a surge in construction projects, contribute to this growth.
Europe: With a focus on substituting metals with high-performance polymers for weight reduction and enhanced fuel efficiency in vehicles, Europe led the PAEK market in 2019.
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What is Polyarylether (PAEK) Market Segmentation:
by Fabric Type
• Glass Fiber
• Carbon Fiber
• Other Fibers
by Manufacturing Process
• Layup Process
• Compression Molding Process
• Resin Injection Molding Process
• Resin Transfer Molding Process
• Filament Winding Process
• Pultrusion Process
by End-Use Industry
• Wind Energy
• Aerospace & Defense
• Automotive & Transportation
• Sporting Goods
• Electrical & Electronics
• Pipe & Tank
• Marine
• Others
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Who are Polyarylether (PAEK) Market Key Players:
• VICTREX PLC
• SOLVAY S.A.
• ARKEMA GROUP
• JK OVERSEAS
• QUADRANT AG
• GHARDA CHEMICALS LTD.
• EVONIK INDUSTRIES AG.
• CALEDONIAN INDUSTRIES LTD.
• CELANESE CORPORATION
• PANJIN ZHONGRUN HIGH-PERFORMANCE POLYMERS CO. LTD.
• Others
Table of content for the Polyarylether(PAEK) Market includes:
1. Polyarylether (PAEK) Market: Research Methodology
2. Polyarylether (PAEK) Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3.Polyarylether (PAEK) Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4 . Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2022 to 2029)
• Past Pricing and price curve by region (2022 to 2029)
• Market Size, Share, Size and Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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