Press release
PEEK Special Engineering Plastics Market 2025 Growth Opportunities, Trends, and Forecast 2031 | At a CAGR of 10.5%
PEEK Special Engineering Plastics Market
The global market for PEEK Special Engineering Plastics was estimated to be worth US$ 570 million in 2024 and is forecast to a readjusted size of US$ 1163 million by 2031 with a CAGR of 10.5% during the forecast period 2025-2031.
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Market Overview -
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on PEEK Special Engineering Plastics cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Polyetheretherkettone (PEEK) is a high-performance special engineering plastic known for its excellent combination of mechanical strength, chemical resistance, and thermal stability. It belongs to the family of polyaryletherkettones (PAEK) and is semi-crystalline in nature, with a melting point around 343°C and continuous service temperature up to 260°C. PEEK exhibits outstanding resistance to wear, creep, and fatigue, while maintaining dimensional stability in harsh environments. Its chemical inertness makes it resistant to almost all solvents, acids, and alkalis. Additionally, it possesses inherent flame retardancy, low smoke emission, and biocompatibility, making it widely used in aerospace, automotive, oil & gas, medical implants, and electronic components. Although PEEK is more expensive than conventional plastics, its durability and performance often reduce lifecycle costs, justifying its use in demanding applications.
In 2024, the global production of PEEK special engineering plastics was approximately 10364 tons, with an ex-factory average price of around 55 USD per kilogram.
Key Growth Drivers -
In North America, the PEEK special engineering plastics market is driven by aerospace, automotive, and healthcare industries. The region's strong presence of aircraft manufacturers and medical device companies contributes significantly to demand. Increasing adoption of lightweight and high-strength materials in vehicles, coupled with FDA approval for PEEK in medical implants, ensures stable market growth in the United States and Canada.
In Europe, the market benefits from stringent environmental regulations and the region's leadership in sustainable engineering solutions. Automotive OEMs in Germany, France, and Italy are utilizing PEEK for fuel efficiency improvements, while the medical sector is expanding applications in dental, orthopedic, and spinal implants. Additionally, the oil & gas industry in the North Sea region increasingly relies on PEEK components for its resistance to high pressure and corrosive conditions.
In the Asia-Pacific region, particularly in China, Japan, South Korea, and India, the PEEK market is expanding rapidly due to industrialization and the growth of automotive and electronics sectors. China is becoming both a major consumer and a growing producer of PEEK materials, supported by local manufacturers aiming to reduce reliance on imports. Japan and South Korea are key in electronics applications, using PEEK for semiconductor manufacturing equipment and precision components. India's growth is driven by automotive and oilfield applications, reflecting rising domestic demand.
In Latin America and the Middle East & Africa (MEA), the market is smaller but growing steadily. Brazil and Mexico show increasing demand in automotive and oilfield industries, while the Middle East benefits from oil & gas exploration, where PEEK's high resistance to chemicals and extreme temperatures is essential. Africa remains an emerging market, with limited but increasing adoption in energy and infrastructure projects.
Major Company Included: -
Victrex
Syensqo
Evonik
Jilin Joinature Polymer
JUSEP
Zhejiang PFLUON
Shandong Haoran
Shandong Junhao
Jilin Juke High-tech
The competitive section of the report provides essential insights needed for companies to strengthen their market positioning. It highlights the strategies adopted by leading players-covering innovation, pricing models, marketing channels, distribution networks, and regional expansion. This evaluation enables market participants to identify competitive advantages and understand challenges that may affect their long-term performance.
Market Segmentation -
The report presents a granular breakdown of the global PEEK Special Engineering Plastics market, emphasizing CAGR, market share, future potential, and emerging trends across each segment.
By Type
PEEK Powder
PEEK Particle
By Application
Electrical and Electronics
Automotive and Transportation
Machinery and Energy
Medical and Healthcare
Aerospace
This segmentation helps identify high-growth niches and valuable investment opportunities across product types and applications.
Regional Analysis -
The report offers a detailed geographic assessment covering four major regions and key contributing countries. Insights include consumption patterns, production levels, market share distribution, and long-term growth prospects.
North America
United States
Canada
Mexico
Latin America
Brazil
Other key regional markets
Asia-Pacific
China
Japan
India
South Korea
ASEAN Countries
Europe, Middle East & Africa (EMEA)
Germany
France
United Kingdom
GCC Countries
African Nations
The analysis spans from 2024 (base year) to 2031 (forecast period).
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Why This Report Is Essential -
✔ Complete Historical & Forecast Analysis (2020-2031)
✔ Detailed Segmentation by Type, Application & Region
✔ In-Depth Competitive Landscape & Company Profiling
✔ Drivers, Restraints & Market Dynamics Explained
✔ Expert Insights to Support Strategic Planning
Report Objectives -
✔ Measure the global PEEK Special Engineering Plastics market size (value & volume).
✔ Accurately analyze market shares, consumption trends, and segment performance.
✔ Examine major market dynamics and industry-shaping forces.
✔ Identify and discuss key production, revenue, and sales trends.
✔ Profile top market players and evaluate their competitive strategies.
✔ Review manufacturing practices, pricing structures, and cost trends.
✔ Compare regional and national market performance across key geographies.
✔ Forecast segment-wise and region-wise growth opportunities through 2031.
Key Questions Answered in the Report -
✔ What is the size and estimated growth rate of the global and regional PEEK Special Engineering Plastics market?
✔ Which countries are expected to display the strongest growth?
✔ Which region will dominate the market throughout the forecast period?
✔ What are the main factors driving or restraining market expansion?
✔ What technological advancements are shaping future demand?
✔ Where are the key opportunities for new entrants and established players?
✔ Which companies currently hold the highest market share?
✔ How will market dynamics evolve from 2025 to 2031?
Table of Contents - Major Key Points:
1 Market Overview
1.1 PEEK Special Engineering Plastics Product Introduction
1.2 Global PEEK Special Engineering Plastics Market Size Forecast
1.2.1 Global PEEK Special Engineering Plastics Sales Value (2020-2031)
1.2.2 Global PEEK Special Engineering Plastics Sales Volume (2020-2031)
1.2.3 Global PEEK Special Engineering Plastics Sales Price (2020-2031)
1.3 PEEK Special Engineering Plastics Market Trends & Drivers
1.3.1 PEEK Special Engineering Plastics Industry Trends
1.3.2 PEEK Special Engineering Plastics Market Drivers & Opportunity
1.3.3 PEEK Special Engineering Plastics Market Challenges
1.3.4 PEEK Special Engineering Plastics Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global PEEK Special Engineering Plastics Players Revenue Ranking (2024)
2.2 Global PEEK Special Engineering Plastics Revenue by Company (2020-2025)
2.3 Global PEEK Special Engineering Plastics Players Sales Volume Ranking (2024)
2.4 Global PEEK Special Engineering Plastics Sales Volume by Company Players (2020-2025)
2.5 Global PEEK Special Engineering Plastics Average Price by Company (2020-2025)
2.6 Key Manufacturers PEEK Special Engineering Plastics Manufacturing Base and Headquarters
2.7 Key Manufacturers PEEK Special Engineering Plastics Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of PEEK Special Engineering Plastics
2.9 PEEK Special Engineering Plastics Market Competitive Analysis
2.9.1 PEEK Special Engineering Plastics Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by PEEK Special Engineering Plastics Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in PEEK Special Engineering Plastics as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 PEEK Powder
3.1.2 PEEK Particle
3.2 Global PEEK Special Engineering Plastics Sales Value by Type
3.2.1 Global PEEK Special Engineering Plastics Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global PEEK Special Engineering Plastics Sales Value, by Type (2020-2031)
3.2.3 Global PEEK Special Engineering Plastics Sales Value, by Type (%) (2020-2031)
3.3 Global PEEK Special Engineering Plastics Sales Volume by Type
3.3.1 Global PEEK Special Engineering Plastics Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global PEEK Special Engineering Plastics Sales Volume, by Type (2020-2031)
3.3.3 Global PEEK Special Engineering Plastics Sales Volume, by Type (%) (2020-2031)
3.4 Global PEEK Special Engineering Plastics Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Electrical and Electronics
4.1.2 Automotive and Transportation
4.1.3 Machinery and Energy
4.1.4 Medical and Healthcare
4.1.5 Aerospace
4.2 Global PEEK Special Engineering Plastics Sales Value by Application
4.2.1 Global PEEK Special Engineering Plastics Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global PEEK Special Engineering Plastics Sales Value, by Application (2020-2031)
4.2.3 Global PEEK Special Engineering Plastics Sales Value, by Application (%) (2020-2031)
4.3 Global PEEK Special Engineering Plastics Sales Volume by Application
4.3.1 Global PEEK Special Engineering Plastics Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global PEEK Special Engineering Plastics Sales Volume, by Application (2020-2031)
4.3.3 Global PEEK Special Engineering Plastics Sales Volume, by Application (%) (2020-2031)
4.4 Global PEEK Special Engineering Plastics Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global PEEK Special Engineering Plastics Sales Value by Region
5.1.1 Global PEEK Special Engineering Plastics Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global PEEK Special Engineering Plastics Sales Value by Region (2020-2025)
5.1.3 Global PEEK Special Engineering Plastics Sales Value by Region (2026-2031)
5.1.4 Global PEEK Special Engineering Plastics Sales Value by Region (%), (2020-2031)
5.2 Global PEEK Special Engineering Plastics Sales Volume by Region
5.2.1 Global PEEK Special Engineering Plastics Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global PEEK Special Engineering Plastics Sales Volume by Region (2020-2025)
5.2.3 Global PEEK Special Engineering Plastics Sales Volume by Region (2026-2031)
5.2.4 Global PEEK Special Engineering Plastics Sales Volume by Region (%), (2020-2031)
5.3 Global PEEK Special Engineering Plastics Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America PEEK Special Engineering Plastics Sales Value, 2020-2031
5.4.2 North America PEEK Special Engineering Plastics Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe PEEK Special Engineering Plastics Sales Value, 2020-2031
5.5.2 Europe PEEK Special Engineering Plastics Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific PEEK Special Engineering Plastics Sales Value, 2020-2031
5.6.2 Asia Pacific PEEK Special Engineering Plastics Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America PEEK Special Engineering Plastics Sales Value, 2020-2031
5.7.2 South America PEEK Special Engineering Plastics Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa PEEK Special Engineering Plastics Sales Value, 2020-2031
5.8.2 Middle East & Africa PEEK Special Engineering Plastics Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions PEEK Special Engineering Plastics Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions PEEK Special Engineering Plastics Sales Value and Sales Volume
6.2.1 Key Countries/Regions PEEK Special Engineering Plastics Sales Value, 2020-2031
6.2.2 Key Countries/Regions PEEK Special Engineering Plastics Sales Volume, 2020-2031
6.3 United States
6.3.1 United States PEEK Special Engineering Plastics Sales Value, 2020-2031
6.3.2 United States PEEK Special Engineering Plastics Sales Value by Type (%), 2024 VS 2031
6.3.3 United States PEEK Special Engineering Plastics Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe PEEK Special Engineering Plastics Sales Value, 2020-2031
6.4.2 Europe PEEK Special Engineering Plastics Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe PEEK Special Engineering Plastics Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China PEEK Special Engineering Plastics Sales Value, 2020-2031
6.5.2 China PEEK Special Engineering Plastics Sales Value by Type (%), 2024 VS 2031
6.5.3 China PEEK Special Engineering Plastics Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan PEEK Special Engineering Plastics Sales Value, 2020-2031
6.6.2 Japan PEEK Special Engineering Plastics Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan PEEK Special Engineering Plastics Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea PEEK Special Engineering Plastics Sales Value, 2020-2031
6.7.2 South Korea PEEK Special Engineering Plastics Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea PEEK Special Engineering Plastics Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia PEEK Special Engineering Plastics Sales Value, 2020-2031
6.8.2 Southeast Asia PEEK Special Engineering Plastics Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia PEEK Special Engineering Plastics Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India PEEK Special Engineering Plastics Sales Value, 2020-2031
6.9.2 India PEEK Special Engineering Plastics Sales Value by Type (%), 2024 VS 2031
6.9.3 India PEEK Special Engineering Plastics Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Victrex
7.1.1 Victrex Company Information
7.1.2 Victrex Introduction and Business Overview
7.1.3 Victrex PEEK Special Engineering Plastics Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Victrex PEEK Special Engineering Plastics Product Offerings
7.1.5 Victrex Recent Development
7.2 Syensqo
7.2.1 Syensqo Company Information
7.2.2 Syensqo Introduction and Business Overview
7.2.3 Syensqo PEEK Special Engineering Plastics Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Syensqo PEEK Special Engineering Plastics Product Offerings
7.2.5 Syensqo Recent Development
7.3 Evonik
7.3.1 Evonik Company Information
7.3.2 Evonik Introduction and Business Overview
7.3.3 Evonik PEEK Special Engineering Plastics Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Evonik PEEK Special Engineering Plastics Product Offerings
7.3.5 Evonik Recent Development
7.4 Jilin Joinature Polymer
7.4.1 Jilin Joinature Polymer Company Information
7.4.2 Jilin Joinature Polymer Introduction and Business Overview
7.4.3 Jilin Joinature Polymer PEEK Special Engineering Plastics Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Jilin Joinature Polymer PEEK Special Engineering Plastics Product Offerings
7.4.5 Jilin Joinature Polymer Recent Development
7.5 JUSEP
7.5.1 JUSEP Company Information
7.5.2 JUSEP Introduction and Business Overview
7.5.3 JUSEP PEEK Special Engineering Plastics Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 JUSEP PEEK Special Engineering Plastics Product Offerings
7.5.5 JUSEP Recent Development
7.6 Zhejiang PFLUON
7.6.1 Zhejiang PFLUON Company Information
7.6.2 Zhejiang PFLUON Introduction and Business Overview
7.6.3 Zhejiang PFLUON PEEK Special Engineering Plastics Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Zhejiang PFLUON PEEK Special Engineering Plastics Product Offerings
7.6.5 Zhejiang PFLUON Recent Development
7.7 Shandong Haoran
7.7.1 Shandong Haoran Company Information
7.7.2 Shandong Haoran Introduction and Business Overview
7.7.3 Shandong Haoran PEEK Special Engineering Plastics Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Shandong Haoran PEEK Special Engineering Plastics Product Offerings
7.7.5 Shandong Haoran Recent Development
7.8 Shandong Junhao
7.8.1 Shandong Junhao Company Information
7.8.2 Shandong Junhao Introduction and Business Overview
7.8.3 Shandong Junhao PEEK Special Engineering Plastics Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Shandong Junhao PEEK Special Engineering Plastics Product Offerings
7.8.5 Shandong Junhao Recent Development
7.9 Jilin Juke High-tech
7.9.1 Jilin Juke High-tech Company Information
7.9.2 Jilin Juke High-tech Introduction and Business Overview
7.9.3 Jilin Juke High-tech PEEK Special Engineering Plastics Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Jilin Juke High-tech PEEK Special Engineering Plastics Product Offerings
7.9.5 Jilin Juke High-tech Recent Development
8 Industry Chain Analysis
8.1 PEEK Special Engineering Plastics Industrial Chain
8.2 PEEK Special Engineering Plastics Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 PEEK Special Engineering Plastics Sales Model
8.5.2 Sales Channel
8.5.3 PEEK Special Engineering Plastics Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
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