Industrial, Manufacturing & Heavy Industry Market News

Report explores the Global PEEK market forecast to 2024

Report explores the Global PEEK market forecast to 2024

Top Key Companies Victrex PLC, Solvay S.A., Evonik Industries AG, Saudi Basic Industries Corporation (SABIC)

- Advertising -

The Global PEEK Market accounted for USD 470.6 million in 2016 and is projected to grow at a CAGR of 6.8% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Customize Report of “Global PEEK Market” Also Available On Request (As per Requirement)

Ask for Free Sample Report @ http://databridgemarketresearch.com/request-a-sample/?dbmr=global-peek-market

This report consists of below pages:

No of pages : 350

No of Figures: 60

No of Tables: 220

Market Definition: 

Polyether ether ketone (PEEK) is a semi-crystalline thermoplastic, which is inert and a thermally stable polymer, it has specific properties such as high temperature resistance, hydrolysis resistance, self-lubrication, easy processing, and high mechanical strength. The latest trend in this market is high demand for PEEK in aerospace and automotive industries and demand for PEEK instead of conventional materials.

- Advertising -

There is growing demand of PEEK for applications such as electrical & electronics, aerospace, automotive, oil & gas, medical, others are the driving for the PEEK market in the forecasted years.

Competitive Analysis: 

The global PEEK market is consolidated due to the presence of a limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Questions? We’ll Put You On The Right Path Request Analyst Call @ databridgemarketresearch.com/speak…lobal-peek-market

Major Market Drivers:

  • Increasing demand for PEEK in aerospace and automotive industries
  • Replacement of conventional materials by PEEK
  • Rapid growth in emerging economies coupled with improving economic conditions in developed economies

Market Restraint:

  • High Price as compared to conventional materials
  • Increasing competition from hybrid polymers and composites

Request for Detail [email protected] databridgemarketresearch.com/toc/?…al-peek-market%20

Market Segmentation:

The PEEK market is segmented on the basis of type into unfilled, carbon filled and glass filled.

On the basis of application, the market is segmented into electrical & electronics, aerospace, automotive, oil & gas, medical and others.

On the basis of geography, the PEEK market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

In 2017, Asia-Pacific is expected to dominate the market.

Major Market Competitors: 

Some of the major players in PEEK market include

  • Victrex PLC,
  • Solvay S.A.,
  • Evonik Industries AG,
  • Saudi Basic Industries Corporation (SABIC),
  • Panjin Zhongrun High Performance Polymers Co. Ltd,
  • Celanese Corporation, Zyex Ltd,
  • Quadrant Epp Surlon India Ltd,
  • Prototype & Plastic Mold Co. Inc.,
  • Jrlon Inc.,
  • K. Overseas,
  • Darter Plastics Inc.,
  • Caledonian Ferguson Timpson Ltd,
  • Tri-Mack Plastics Manufacturing Corp.,
  • Schulman AG
  • many more.

Read more about This Report @ databridgemarketresearch.com/repor…obal-peek-market/

News From

Data Bridge Market ResearchData Bridge Market Research
Category: Market Research Publishers and RetailersCompany profile: Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data bridge is an aftermath of sheer wi ...