Polyether Ether Ketone (PEEK) Market Projected to Show Strong Growth by 2026


Posted September 30, 2019 by jwwarner

Global polyether ether ketone (PEEK) market is expected to rise to an estimated value of USD 1.15 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026.

 
PEEK or polyether ether ketone is a semi-crystalline thermoplastic that possesses excellent chemical and mechanical resistance properties. It provides melting processability in conventional moulding techniques such as, injection moulding, compression moulding and extrusion, due to the presence of ether linkage. Global polyether ether ketone (PEEK) market is expected to rise to an estimated value of USD 1.15 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026. Top Competitors of Market are Victrex plc, Solvay, Evonik Industries AG, Panjin Zhongrun High Performance Polymers Co. Ltd, Jrlon, Inc., Parkway Products, LLC., Stern Companies, A. Schulman, Inc., Caledonian Industries Ltd., Darter Plastics, J. K. Overseas, Prototype & Plastic Mold Company

A sample of this report is available upon request @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-polyether-ether-ketone-peek-market

Table of Content-
01: Executive Summary
02: Scope of The Report
03: Market Landscape
04: Market Sizing
05: Market Segmentation by Product
06: Five Forces Analysis
07: Customer Landscape
08: Geographic Landscape
09: Decision Framework
10: Drivers and Challenges
11: Market Trends
12: Vendor Landscape
13: Vendor Analysis
Get Detailed TOC: @ https://www.databridgemarketresearch.com/toc/?dbmr=global-polyether-ether-ketone-peek-market

Market Drivers:

• The improving economic conditions in developed economies is expected to drive the market in the forecast period
• Replacement of metals and other conventional materials by PEEK; this factor will also propel the market growth in near future
• Rising demand for PEEK in aerospace and automotive industries; this factor will also drive the market
• Increased demand for high efficiency and low weight materials will also drive the market

Market Restraints:

• Increasing competition from hybrid polymers and composites; this factor is expected to restrain the market in the forecast period
• High price of PEEK compared to conventional materials, will also restrain the market growth
• Deficient osteogenic properties and the bio-inertness of PEEK; this factor will also restrain the market in near future

Competitive Analysis:

Global polyether ether ketone (PEEK) market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Polyether Ether Ketone (PEEK) market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Browse Full Report at https://www.databridgemarketresearch.com/reports/global-polyether-ether-ketone-peek-market

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Issued By Data Bridge Market Research
Country India
Categories Business
Tags polyether ether ketone peek market , polyether ether ketone peek market overview , polyether ether ketone peek market share , polyether ether ketone peek market size , polyether ether ketone peek market trends
Last Updated September 30, 2019