Dublin, Feb. 26, 2019 (GLOBE NEWSWIRE) -- The "Polyether Ether Ketone (PEEK) Market Size, Share & Trends Analysis Report By Product (Unfilled, Carbon Filled, Glass Filled), By Application (Medical, Automotive, Industrial), And Segment Forecasts, 2019 - 2026" report has been added to ResearchAndMarkets.com's offering.
The global polyether ether ketone market size is anticipated to reach USD 1.18 billion by 2026
It is anticipated to expand at a CAGR of 7.2% over the forecast period. Increasing demand for high-performance plastics as a substitute to metals in automobiles on account of growing need for high efficiency and low weight materials is expected to drive the PEEK market.
Stringent environmental regulatory framework in developed markets of U.S. and Europe has forced the automobile industry participants to use alternatives which help decrease fuel consumption by enhancing overall fuel efficiency. Such regional trends are anticipated to positively impact global volumes over the forecast period.
Excellent performance features of PEEK including superior strength and heat resistance are expected to propel product preference in end-use industries such as food, medical, aerospace, semiconductors, and packaging.
Carbon filled was the major product segment and accounted for approximately 45.43% of total market share in terms of revenue in 2018. The product finds application in industrial, electric, and electronics applications. Carbon filled polyether ether ketone is anticipated to witness the highest CAGR from 2019 to 2026.
Further key findings from the report suggest:
- Automotive emerged as the leading consumer of PEEK in 2018. Increasing need for a highly efficient material to reduce fuel consumption and to lower emission levels is expected to drive this segment
- Europe was the leading regional market in 2018, owing to stringent environmental regulatory framework to curb overall weight of automobiles
- Asia Pacific is expected to witness the highest CAGR on account of industrialization in China and India coupled with growing environmental concerns including noxious VOC emission levels
Key Topics Covered:
Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope and Assumptions
1.3 List of Abbreviations
1.4 List of Data Sources
Chapter 2 Executive Summary
2.1 Market snapshot
Chapter 3 PEEK Market Variables, Trends, and Scope
3.1 Market Segmentation & Scope
3.2 Years considered for the study
3.3 Penetration & Growth Prospect Mapping
3.4 PEEK Market - Value chain analysis
3.5 Regulatory Framework Analysis
3.5.1 US. EPA EPCRA SARA Title III
3.5.2 Regulation (EC) No 1272/2008 of The European Parliament And Of The Council
3.6 PEEK - Market dynamics
3.6.1 Market Driver Analysis
3.6.1.1 Surge in replacement of metals with lightweight elements
3.6.1.2 Environmental Viability Of Peek
3.6.2 Market Restraint Analysis
3.6.2.1 Costlier Than Other Substitutes
3.7 PEEK Market- Porter's analysis
3.8 PEEK market - PESTEL analysis
Chapter 4 PEEK Market: Product Estimates & Trend Analysis
4.1 PEEK Market: Product Movement Analysis, 2018 & 2026
4.1.1 Unfilled
4.1.2 Carbon filled
4.1.3 Glass filled
Chapter 5 PEEK Market: Application Estimates & Trend Analysis
5.1 PEEK Market: Application Movement Analysis, 2018 & 2026
5.1.1 Medical
5.1.2 Automotive
5.1.3 Aerospace
5.1.4 Industrial and general engineering
5.1.5 Electric & electronics
Chapter 6 PEEK Market: Regional Estimates & Trend Analysis
6.1 PEEK market: Regional movement analysis, 2018 & 2026
Chapter 7 Competitive Landscape
7.1 Vendor landscape
7.1.1 List of raw materials
7.1.2 List of manufacturers
7.1.3 List of suppliers/distributors
7.1.4 List of end users
7.2 Competitive Environment
7.3 Company market positioning
Chapter 8 Company Profiles
- Victrex plc
- Caledonian Industries Ltd.
- Celanese Corporation
- Saudi Basic Industries Corporation (SABIC)
- Parkway Products, LLC
- A. Shulman, Inc.
- J.K. Overseas
- Cytec Solvay Group
- Evonik Industries AG
- Ensinger GmbH
For more information about this report visit https://www.researchandmarkets.com/research/wz7wn3/global_polyether?w=12
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