Polyether Ether Ketone Market Research Report - Forecast to 2027

Polyether Ether Ketone Market Information: By Type (Unfilled, Carbon Filled, And Glass Filled), Application (Electrical, Medical, Automotive, Aerospace, Marine, And Others), And Region: Forecast Till 2027

ID: MRFR/CnM/4397-HCR | February 2021 | Region: Global | 100 pages

Polyether Ether Ketone Market- Segmentation


The global polyether ether ketone market is segmented into type, applications, and region.


 On the basis of type, the polyether ether ketone market is divided into unfilled, carbon filled, and glass field.


Based on the application, the global polyether ether ketone market is segmented into electrical, medical, automotive, aerospace, marine, and others.


Geographically, the market is divided into five key regions, including Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.


Key Players


Some of the key players in the global polyether ether ketone market are Victrex plc (UK), Solvay (Belgium), Evonik Industries AG (Germany), Darter Plastics, Inc. (U.S.), Jrlon, Inc. (New York), Caledonian Ferguson Timpson Ltd (UK), SABIC, Saudi Basic Industries Corporation (Saudi Arabia), Celanese Corporation (U.S.), Zyex (UK), Quadrant Epp Surlon India Limited (India), and Stern Companies (U.S.).

Market
Synopsis: 


Polyether ether ketone (PPEK) is a partially crystalline polyaromatic liner thermoplastic with high chemical and mechanical resistance properties. It finds application in various end-use industries such as electronics, medical, automotive, aerospace, and others. It is widely used in the manufacturing of electronic components due to enhanced durability, strong wear, and abrasion resistance properties.


Polyether ether ketone utilization in the electrical industry is rising due to its strong mechanical properties and extreme temperature resistance. Rising demand for miniaturization in the electronic devices is propelling the market growth globally. Growing digitalization coupled with increasing purchasing power among consumers is fuelling the product demand. Initiatives such as the Internet of things (IoT) and automation are major driving factors for polyether ether ketone market. The product demand from healthcare sector is booming as a result of biocompatibility. PEEK is widely used in dental implants in place of titanium metal owing to less stress shielding and similar mechanical properties of PEEK and bone. Solvay S.A., a key player in the PEEK market, introduced two products under the brand name Zeniva ZA- 500L and ZA- 600L for use in implantable devices. Flourishing automotive and aerospace industries across the regions are augmenting the market growth. For instance, in 2016, Victrex PLC introduced new product under the brand name VICTREX AE 250 composites for the aerospace industry to increase the efficiency of aircraft. The company also entered into a joint venture with Tri-Mack plastics in 2017 to accelerate adoption of polyketone composite for the aerospace industry. The steps taken by the company are in tune with the increasing demand for the aircraft worldwide.


Global Polyether Ether Ketone Market Share, by the application (%)


 Polyether Ether Ketone Market Share


Source: MRFR analysis


Regional Analysis


Asia Pacific was the largest market in the global polyether ether ketone market in 2016 due to the rising demand for the electronic gadgets such as smartphones, home appliances, and telecommunication. Initiatives taken by the Indian government in 2015 such as Faster Adoption and Manufacturing of Electric and Hybrid (FAME) vehicles in India are driving the polyether ether market. Increasing penetration of digitalization among the young generation is propelling the market for PEEK in this region. China is the largest consumer of PEEK as a result of growing electrical industry along with the significant rise in per capita disposable income. Increasing production of automobiles in the developing countries such as India, China, and Thailand owing to rising disposable income of the consumers. Shifting manufacturing base from developed countries to the developing countries due to low production cost is another factor driving the market growth in this region.


North America is another prominent market for PEEK due to increasing consumption of the product in various industries such as electrical, aerospace, marine, and healthcare. Surging demand for consumer electronics coupled with high purchasing power is driving the market growth in this region. Increasing use in the healthcare industry owing to rising investment in spinal fusion is fuelling the product demand.


European market is expected to witness a considerable growth owing to rising investment in healthcare by the consumers. Growing automotive industry in Germany, Spain, and Russia is expected to drive the product demand in this region.


The growing demand for the automotive industry in the Latin America and the Middle East & Africa is expected to augment the polyether ether ketone market further.


Intended Audience



  • Polyether ether ketone manufacturers

  • Traders and distributors of polyether ether ketone

  • Research and development institutes

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratory



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: Significant Value
  CAGR   Substantial Value
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, Applications
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Victrex plc (UK), Solvay (Belgium), Evonik Industries AG (Germany), Darter Plastics, Inc. (U.S.), Jrlon, Inc. (New York), Caledonian Ferguson Timpson Ltd (UK), SABIC, Saudi Basic Industries Corporation (Saudi Arabia), Celanese Corporation (U.S.), Zyex (UK), Quadrant Epp Surlon India Limited (India), and Stern Companies (U.S.)
  Key Market Opportunities   
  Key Market Drivers   


Frequently Asked Questions (FAQ) :


Polyether ether ketone (PPEK) is a partially crystalline polyaromatic liner thermoplastic with high chemical and mechanical resistance properties.

Major end users of PEEK include electrical and electronics, medical devices, automotive, aerospace, and marine.

Growing demand for electrical components and electronics is the major driver for the PEEK market.

Asia Pacific is the largest regional market for PEEK due to the growing electronics industry in the region.

Leading players in the PEEK market include Solvay, Victrex, and SABIC, among others.

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Bargaining power of suppliers

4.1.4 Threat of substitutes

4.1.5 Segment rivalry

4.2 Value Chain/Supply Chain of Global Polyether Ether ketone Market

5 Industry Overview of Global Polyether Ether ketone Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Polyether Ether ketone Market by Type

7.1 Introduction

7.2 Unfilled

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 Carbon Filled

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Region, 2020-2027

7.4 Glass Filled

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast by Region, 2020-2027

8. Global Polyether Ether ketone Market by Application

8.1 Introduction

8.2 Electrical

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast by Region, 2020-2027

8.3 Medical

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast by Region, 2020-2027

8.4 Automotive

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast by Region, 2020-2027

8.5 Aerospace

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast by Region, 2020-2027

8.6 Marine

8.6.1 Market Estimates & Forecast, 2020-2027

8.6.2 Market Estimates & Forecast by Region, 2020-2027

8.7 Others

8.7.1 Market Estimates & Forecast, 2020-2027

8.7.2 Market Estimates & Forecast by Region, 2020-2027

9. Global Polyether Ether ketone Market by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2020-2027

9.2.2 Market Estimates & Forecast by Type, 2020-2027

9.2.3 Market Estimates & Forecast by Application, 2020-2027

9.2.4 U.S.

9.2.4.1 Market Estimates & Forecast, 2020-2027

9.2.4.2 Market Estimates & Forecast by Type, 2020-2027

9.2.4.3 Market Estimates & Forecast by Application, 2020-2027

9.2.5 Canada

9.2.5.1 Market Estimates & Forecast, 2020-2027

9.2.5.2 Market Estimates & Forecast by Type, 2020-2027

9.2.5.3 Market Estimates & Forecast by Application, 2020-2027

9.3 Europe

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast by Type, 2020-2027

9.3.3 Market Estimates & Forecast by Application, 2020-2027

9.3.4 Germany

9.3.4.1 Market Estimates & Forecast, 2020-2027

9.3.4.2 Market Estimates & Forecast by Type, 2020-2027

9.3.4.3 Market Estimates & Forecast by Application, 2020-2027

9.3.5 France

9.3.5.1 Market Estimates & Forecast, 2020-2027

9.3.5.2 Market Estimates & Forecast by Type, 2020-2027

9.3.5.3 Market Estimates & Forecast by Application, 2020-2027

9.3.6 Italy

9.3.6.1 Market Estimates & Forecast, 2020-2027

9.3.6.2 Market Estimates & Forecast by Type, 2020-2027

9.3.6.3 Market Estimates & Forecast by Application, 2020-2027

9.3.7 Spain

9.3.7.1 Market Estimates & Forecast, 2020-2027

9.3.7.2 Market Estimates & Forecast by Type, 2020-2027

9.3.7.3 Market Estimates & Forecast by Application, 2020-2027

9.3.8 U.K

9.3.8.1 Market Estimates & Forecast, 2020-2027

9.3.8.2 Market Estimates & Forecast by Type, 2020-2027

9.3.8.3 Market Estimates & Forecast by Application, 2020-2027

9.3.9 Russia

9.3.9.1 Market Estimates & Forecast, 2020-2027

9.3.9.2 Market Estimates & Forecast by Type, 2020-2027

9.3.9.3 Market Estimates & Forecast by Application, 2020-2027

9.3.10 Poland

9.3.10.1 Market Estimates & Forecast, 2020-2027

9.3.10.2 Market Estimates & Forecast by Type, 2020-2027

9.3.10.3 Market Estimates & Forecast by Application, 2020-2027

9.4 Asia Pacific

9.4.1 Market Estimates & Forecast, 2020-2027

9.4.2 Market Estimates & Forecast by Type, 2020-2027

9.4.3 Market Estimates & Forecast by Application, 2020-2027

9.4.4 China

9.4.4.1 Market Estimates & Forecast, 2020-2027

9.4.4.2 Market Estimates & Forecast by Type, 2020-2027

9.4.4.3 Market Estimates & Forecast by Application, 2020-2027

9.4.5 India

9.4.5.1 Market Estimates & Forecast, 2020-2027

9.4.5.2 Market Estimates & Forecast by Type, 2020-2027

9.4.5.3 Market Estimates & Forecast by Application, 2020-2027

9.4.6 Japan

9.4.6.1 Market Estimates & Forecast, 2020-2027

9.4.6.2 Market Estimates & Forecast by Type, 2020-2027

9.4.6.3 Market Estimates & Forecast by Application, 2020-2027

9.4.7 Australia

9.4.7.1 Market Estimates & Forecast, 2020-2027

9.4.7.2 Market Estimates & Forecast by Type, 2020-2027

9.4.7.3 Market Estimates & Forecast by Application, 2020-2027

9.4.8 New Zealand

9.4.8.1 Market Estimates & Forecast, 2020-2027

9.4.8.2 Market Estimates & Forecast by Type, 2020-2027

9.4.8.3 Market Estimates & Forecast by Application, 2020-2027

9.4.9 Rest of Asia Pacific

9.4.9.1 Market Estimates & Forecast, 2020-2027

9.4.9.2 Market Estimates & Forecast by Type, 2020-2027

9.4.9.3 Market Estimates & Forecast by Application, 2020-2027

9.5 The Middle East & Africa

9.5.1 Market Estimates & Forecast, 2020-2027

9.5.2 Market Estimates & Forecast by Type, 2020-2027

9.5.3 Market Estimates & Forecast by Application, 2020-2027

9.5.4 Turkey

9.5.4.1 Market Estimates & Forecast, 2020-2027

9.5.4.2 Market Estimates & Forecast by Type, 2020-2027

9.5.4.3 Market Estimates & Forecast by Application, 2020-2027

9.5.5 Israel

9.5.5.1 Market Estimates & Forecast, 2020-2027

9.5.5.2 Market Estimates & Forecast by Type, 2020-2027

9.5.5.3 Market Estimates & Forecast by Application, 2020-2027

9.5.6 North Africa

9.5.6.1 Market Estimates & Forecast, 2020-2027

9.5.6.2 Market Estimates & Forecast by Type, 2020-2027

9.5.6.3 Market Estimates & Forecast by Application, 2020-2027

9.5.7 GCC

9.5.7.1 Market Estimates & Forecast, 2020-2027

9.5.7.2 Market Estimates & Forecast by Type, 2020-2027

9.5.7.3 Market Estimates & Forecast by Application, 2020-2027

9.5.8 Rest of Middle East & Africa

9.5.8.1 Market Estimates & Forecast, 2020-2027

9.5.8.2 Market Estimates & Forecast by Type, 2020-2027

9.5.8.3 Market Estimates & Forecast by Application, 2020-2027

9.6 Latin America

9.6.1 Market Estimates & Forecast, 2020-2027

9.6.2 Market Estimates & Forecast by Type, 2020-2027

9.6.3 Market Estimates & Forecast by Application, 2020-2027

9.6.4 Brazil

9.6.4.1 Market Estimates & Forecast, 2020-2027

9.6.4.2 Market Estimates & Forecast by Type, 2020-2027

9.6.4.3 Market Estimates & Forecast by Application, 2020-2027

9.6.5 Argentina

9.6.5.1 Market Estimates & Forecast, 2020-2027

9.6.5.2 Market Estimates & Forecast by Type, 2020-2027

9.6.5.3 Market Estimates & Forecast by Application, 2020-2027

9.6.6 Mexico

9.6.6.1 Market Estimates & Forecast, 2020-2027

9.6.6.2 Market Estimates & Forecast by Type, 2020-2027

9.6.6.3 Market Estimates & Forecast by Application, 2020-2027

9.6.7 Rest of Latin America

9.6.7.1 Market Estimates & Forecast, 2020-2027

9.6.7.2 Market Estimates & Forecast by Type, 2020-2027

9.6.7.3 Market Estimates & Forecast by Application, 2020-2027

10. Company Landscape

11. Company Profiles

11.1 Victrex plc

11.1.1 Company Overview

11.1.2 Type/Business Segment Overview

11.1.3 Financial Updates

11.1.4 Key Developments

11.2 Solvay

11.2.1 Company Overview

11.2.2 Type/Business Segment Overview

11.2.3 Financial Updates

11.2.4 Key Developments

11.3 Evonik Industries AG

11.3.1 Company Overview

11.3.2 Type/Business Segment Overview

11.3.3 Financial Updates

11.3.4 Key Developments

11.4 Darter Plastics, Inc.

11.4.1 Company Overview

11.4.2 Type/Business Segment Overview

11.4.3 Financial Updates

11.4.4 Key Developments

11.5 Jrlon, Inc.

11.5.1 Company Overview

11.5.2 Type/Business Segment Overview

11.5.3 Financial Updates

11.5.4 Key Developments

11.6 Caledonian Ferguson Timpson Ltd

11.6.1 Company Overview

11.6.2 Type/Business Segment Overview

11.6.3 Financial Updates

11.6.4 Key Developments

11.7 SABIC, Saudi Basic Industries Corporation

11.7.1 Company Overview

11.7.2 Type/Business Segment Overview

11.7.3 Financial Updates

11.7.4 Key Developments

11.8 Celanese Corporation

11.8.1 Company Overview

11.8.2 Type/Business Segment Overview

11.8.3 Financial Updates

11.8.4 Key Developments

11.9 Zyex

11.9.1 Company Overview

11.9.2 Type/Business Segment Overview

11.9.3 Financial Updates

11.9.4 Key Developments

11.10 Quadrant Epp Surlon India Limited

11.10.1 Company Overview

11.10.2 Type/Business Segment Overview

11.10.3 Financial Updates

11.10.4 Key Developments

11.11 Stern Companies

11.11.1 Company Overview

11.11.2 Type/Business Segment Overview

11.11.3 Financial Updates

11.11.4 Key Developments

12. Conclusion

LIST OF TABLES

Table 1 World Population by Major Regions (2020 To 2027)

Table 2 Global Polyether Ether ketone Market: By Region, 2020-2027

Table 3 North America Global Polyether Ether ketone Market: By Country, 2020-2027

Table 4 Europe Global Polyether Ether ketone Market: By Country, 2020-2027

Table 5 Asia Pacific Global Polyether Ether ketone Market: By Country, 2020-2027

Table 7 The Middle East & Africa Global Polyether Ether ketone Market: By Country, 2020-2027

Table 6 Latin America Global Polyether Ether ketone Market: By Country, 2020-2027

Table 8 Global Polyether Ether ketone by Types Market: By Regions, 2020-2027

Table 9 North America Global Polyether Ether ketone Market by Types Market: By Country, 2020-2027

Table 10 Europe Global Polyether Ether ketone Market by Types Market: By Country, 2020-2027

Table11 Asia Pacific Global Polyether Ether ketone Market by Types Market: By Country, 2020-2027

Table13 The Middle East & Africa Global Polyether Ether ketone Market by Types Market: By Country, 2020-2027

Table12 Latin America Global Polyether Ether ketone Market by Types Market: By Country, 2020-2027

Table14 North America Global Polyether Ether ketone Market for Application Market: By Country, 2020-2027

Table13 Europe Global Polyether Ether ketone Market for Application Market: By Country, 2020-2027

Table14 Asia Pacific Global Polyether Ether ketone Market for Application Market: By Country, 2020-2027

Table16 The Middle East & Africa Global Polyether Ether ketone Market for Application Market: By Country, 2020-2027

Table15 Latin America Global Polyether Ether ketone Market for Application Market: By Country, 2020-2027

Table23 Global Types Market: By Region, 2020-2027

Table24 Global Application Market: By Region, 2020-2027

Table25 North America Global Polyether Ether ketone Market, By Country

Table26 North America Global Polyether Ether ketone Market, By Types

Table27 North America Global Polyether Ether ketone Market, By Application

Table28 Europe: Global Polyether Ether ketone Market, By Country

Table29 Europe: Global Polyether Ether ketone Market, By Types

Table30 Europe: Global Polyether Ether ketone Market, By Application

Table31 Asia Pacific: Global Polyether Ether ketone Market, By Country

Table32 Asia Pacific: Global Polyether Ether ketone Market, By Types

Table33 Asia Pacific: Global Polyether Ether ketone Market, By Application

Table36 The Middle East & Africa: Global Polyether Ether ketone Market, By Country

Table37 The Middle East & Africa Global Polyether Ether ketone Market, By Types

Table33 The Middle East & Africa: Global Polyether Ether ketone Market, By Application

Table34 Latin America: Global Polyether Ether ketone Market, By Country

Table35 Latin America Global Polyether Ether ketone Market, By Types

Table33 Latin America: Global Polyether Ether ketone Market, By Application

LIST OF FIGURES

FIGURE 1 Global Polyether Ether ketone Market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Polyether Ether ketone Market

FIGURE 4 Value Chain of Global Polyether Ether ketone Market

FIGURE 5 Share of Global Polyether Ether ketone Market in 2020, by country (in %)

FIGURE 6 Global Polyether Ether ketone Market, 2020-2027,

FIGURE 7 Sub-segments of Type

FIGURE 8 Global Polyether Ether ketone Market size by Type, 2020

FIGURE 9 Share of Global Polyether Ether ketone Market by Type, 2020-2027

FIGURE 10 Sub-segments of Application

FIGURE 11 Global Polyether Ether ketone Market size by Application, 2020

FIGURE 12 Share of Global Polyether Ether ketone Market by Application, 2020-2027