Worldwide PEEK Industry to 2027 |Major Players & Market Overview - Emergen Research

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Market Size – USD 721.4 Million in 2019, Market Growth - CAGR of 6.8%, Market Trends –Increasing demand from the automotive industry

The global PEEK market is projected to be worth USD 1,225.7 Million by 2027, according to a current analysis by Emergen Research. The growing necessity for automotive weight reduction, fueled by the need to have better mileage and lower carbon dioxide emissions, are causative of the miniaturization of the automotive component and modules and functional incorporation. Consequently, OEMs are focusing on advanced and innovative materials such as PEEK, possessing lightweight and high specific strength to manufacture cost-effective parts with enhanced performance. 

The PEEK report also offers details about market size, market share, revenue growth, and CAGR during the forecast period of 2021-2027. The global PEEK market has been categorized based on the product type, application, and region. Our expert analysts undertake a thorough assessment of all of the segments included in the report and analyze them based on their market share, revenue, market growth rate, and other vital factors. The segmentation allows the interested parties to determine sectors in the global PEEK market with high growth prospects and understand the growth strategies adopted by leading segments during the forecast period.

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Top Companies Operating in the PEEK Market and Profiled in the Report are:

Celanese Corporation, Solvay SA, Darter Plastics Inc., Evonik Industries, Prototype Plastic Mold Co. Inc., SABIC, Victrex PLC, Panjin Zhongrun High Performance Polymers Co. Ltd., Jrlon Inc., and Quadrant Epp Surlon India Ltd., among others.

The latest report on the global PEEK market offers strategic insights into the market landscape to stakeholders, investors, and business owners to help them make efficient and lucrative business decisions based on key statistical data and facts. The report aims to offers a thorough outlook of the PEEK market based on various key elements, such as market drivers, limitations, threats, restraining factors, and growth prospects. The report aims to deliver a comprehensive understanding of the PEEK market growth and expansion in each key region of the world. It offers accurate estimations about the expected market size and growth over the projected timeline of 2020-2027.

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Emergen Research has segmented the global PEEK market on the basis of product type, distribution channel, industry vertical, and region:

Product Type Outlook (Revenue, USD Billion; 2017-2027)

  • Glass Filled
  • Carbon Filled
  • Unfilled
  • Others

Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)

  • Online
  • Offline

Industry Vertical Outlook (Revenue, USD Billion; 2017-2027)

  • Electrical Electronics
  • Aerospace
  • Automotive
  • Medical
  • Oil Gas
  • Others

PEEK Market Segmentation by Regions:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Objectives of the Report:

  • Study of the global PEEK market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
  • Industrial structure analysis of the PEEK market by identification of various sub-segments
  • Extensive analysis of key market players along with their SWOT analysis
  • Competitive landscape benchmarking
  • Analysis of PEEK market based on growth trends, futuristic outlook, and contribution to the total growth of the market
  • Analysis of drivers, constraints, opportunities, challenges, and risks in the global PEEK market
  • Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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