Global Polyetheretherketone (PEEK) Market to Become Worth US$ 833.6 mn by 2024 | at a CAGR of 9.1%
ResearchMoz incorporate new survey report “Polyetheretherketone (PEEK) Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024” to its immense accumulation of research reports.
Polyetheretherketone (PEEK) is used in several challenging applications that require outstanding physical and chemical material properties. The polymer has properties similar to other high-performance plastics but with a continuous use temperature range that is significantly larger than the other plastics. PEEK is used in a wide range of application segments including automotive, industrial, aerospace, electrical & electronics, medical and other applications. Europe dominates the global PEEK market in terms of production and demand. Emerging regions are anticipated to grow at a fast pace during the forecast period. Countries such as China, India and Brazil are likely to provide lucrative opportunities to PEEK producers during the next decade.
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Global Polyetheretherketone Market – Scope of the Report
This report analyzes and forecasts the market for PEEK at the global and regional level. The market has been forecast based on volume (Tons) and revenue (US$ Mn) from 2016 to 2024, considering 2015 as the base year. The study includes drivers and restraints of the global PEEK market. It also covers impact of these drivers and restraints on demand for PEEK during the forecast period. The report also highlights opportunities in the PEEK market at the global and regional level.
The report includes detailed value chain analysis, which provides a comprehensive view of the global PEEK market. Porter’s Five Forces model for the PEEK market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein end-users are benchmarked based on their market size, growth rate, and general attractiveness.
Global Polyetheretherketone Market – Key Segments
The study provides a decisive view of the global PEEK market by segmenting it in terms of end-users such as automotive, industrial, aerospace, electrical & electronics, medical and other applications. These segments have been analyzed based on present and future trends. Regional segmentation includes current and forecast demand for PEEK in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The report provides the actual market size of PEEK for 2015 and estimated market size for 2016 with forecast for the next eight years. The global market size of PEEK has been provided in terms of revenue. Market revenue is given in US$ Mn. Market numbers have been estimated based on key end-users of PEEK. Market size and forecast for numerous end-users have been provided in terms of global, regional, and country level markets.
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Global Polyetheretherketone Market – Information Covered
In order to compile the research report, we conducted in-depth interviews and discussions with a number of key industry participants and opinion leaders. Primary research represented the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research includes a search of recent trade, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.
Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, SEC filings, Plastemart magazine, TPE magazine, internal and external proprietary databases, and relevant patent and regulatory databases such as ICIS, Hoover’s, OneSource, Factiva and Bloomberg, national government documents, statistical databases, trade journals, market reports, news articles, press releases, and webcasts specific to companies operating in the market.
We conduct primary interviews on an ongoing basis with industry participants and commentators to validate data and analysis. These help validate and strengthen secondary research findings. These also help develop the analysis team’s expertise and market understanding.
Companies Mentioned in the Report
The report comprises profiles of major companies operating in the global PEEK market. Key players in the PEEK market are Victrex plc, Solvay SA, Evonik Industries, Panjin Zhongrun High Performance Polymers Co. Ltd. and Jilin Zhongyan High Performance Engineering Plastic Co., Ltd. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments.
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