The PEEK Market was around USD 502.38 million in revenue, at the end of 2022. It is anticipated to grow at a CAGR of 8.72 % to reach USD 757.74 million by 2028.

Market drivers and restraints:

The rising demand from the end-use industries like the electrical and electronic market and aerospace market is the key driver to the global PEEK market. The employment of PEEK is numerous fast-growing industries creates a high potential to the PEEK market in the coming market that could make the market enter the billion markets list in no time. Also, the vast application of Glass-filled PEEK is another key factor boosting the growth of the world market.

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Report segmented as:

By type:

unfilled PEEK
carbon filled PEEK
glass filled PEEK
By application:

industrial
electrical & electronics
automotive
medical
aerospace
others
Geographical analysis:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Important market players:

Key market players operating in the global PEEK market are Victrex PLC, Solvay, Jida Evonik High Performance Polymers (Changchun) Co. Ltd., Parkway Products Inc., Stern Industries Inc., A. Schulman AG, Caledonian Ferguson Timpson Ltd, Darter Plastics Inc., J K Overseas, Jrlon Inc., Panjin Zhongrun High Performance Polymers Co. Ltd, and Prototype & Plastic Mold Co. Inc.

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The Scope of the report:

This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.

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