Polyether Ether Ketone (PEEK) MARKET

The report "PEEK Market by Type (Glass Filled, Carbon Filled, Unfilled), End User (Electrical & Electronics, Aerospace, Automotive, Oil & Gas, Medical), Region (Europe, North America, Asia-Pacific, Middle East, South America, Africa) - Global Forecast to 2021", The global Polyether Ether Ketone (PEEK) market is projected to reach USD 664.3 Million by 2021, at a CAGR of 6.3% from 2016 to 2021. https://www.marketsandmarkets.com/Market-Reports/polyether-ether-ketone-market928.html Early buyers will receive 10% customization on this report.

The global PEEK market is driven by the strong growth in the demand for light weight high performance materials across various end-use sectors, especially electrical & electronics, aerospace, automotive, oil & gas, and medical. Advancements in terms of product innovations and technologies in the market are also expected to create strong investment opportunities for global players.

Electrical & electronics is the largest end user segment of the global PEEK market Based on end users, the PEEK market has been segmented into electrical & electronics, aerospace, automotive, oil & gas, medical, and others. The electrical & electronics segment accounted for the largest share of the PEEK market in 2015; and is projected to be the fastest-growing segment from 2016 to 2021. PEEK has various applications in the electrical

& electronics industry, including electrical connectors, cable sheaths, computer machinery, transformers, and so on.

Glass filled was the largest type segment of the PEEK market Based on type, the PEEK market has been segmented into glass filled, carbon filled, and unfilled. Glass filled is the most common PEEK type and is projected to grow at the highest CAGR during the forecast period. It is widely used in the electrical & electronics, and transportation (aerospace and automotive) industries.

The Asia-Pacific is the fastest growing market for PEEK from 2016 to 2021 The Asia-Pacific region is emerging as the leading consumer of PEEK due to the increasing demand from domestic markets. Increasing applications of PEEK in the electrical & electronics, aerospace, and automotive applications are expected to bring new opportunities to the market. In addition, countries such as China and South Korea are known as the major hubs for the production of electronic components. Moreover, the high economic growth rate, growing manufacturing industries, cheap labor, the growing electronics market, and the global shift of consumption and production capacities from the developed markets to emerging markets are a few factors leading to the growth in demand for PEEK in the Asia-Pacific region.

For more information, download PDF brochure at https://www.marketsandmarkets.com/pdfdownload.asp?id=928 The key players operational in the PEEK market include Victrex plc (U.K.), Solvay S.A. (Belgium), Evonik Industries AG (Germany), and Panjin Zhongrun High Performance Polymers Co. Ltd., (China), among others.

The objectives of this study are:  



To define, describe, and forecast the global PEEK market based on end user, type, and region To provide detailed information regarding the key factors influencing the growth of the market, such as drivers, restraints, opportunities, and industry-specific challenges To strategically analyze micromarkets with respect to individual growth trends, future prospects, and contribution to the entire market

 



To analyze the opportunities in the market for stakeholders and draw a competitive landscape for market leaders To forecast the market size in terms of volume and value with respect to the main regions (along with countries), namely, Asia-Pacific, North America, Europe, the Middle East, South America, and Africa To strategically profile key players and comprehensively analyze their core competencies and market shares

The years considered for the study are:    

Base Year – 2015 Estimated Year – 2016 Projected Year – 2021 Forecast Period – 2016 to 2021

About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.

Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments.

MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com