Global PEEK Market research report utilizes a SWOT analysis as well as Porter’s Five Forces analysis to reveal the strengths, weaknesses, opportunities, and threats. This report is a valuable source of guidance for companies and individuals offering Industry Chain Structure, Business Strategies and Proposals for New Project Investments. The report provides with CAGR value fluctuation during the forecast period of 2018-2025 for the market. Analysis and discussion of important industry trends, market size, market share estimates are mentioned in the report. The report also studies the various inhibitors as well as motivators of the Global PEEK Market in both quantitative and qualitative manners in order to provide accurate information to the readers.
Market Analysis: Global PEEK Market
Global PEEK market is expected to rise to an estimated value of USD 928.34 million by 2026, registering a substantial CAGR in the forecast period of 2019-2026.This rise in market value can be attributed to replacement of conventional materials by PEEK.
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Key Market Competitors:
Few of the major competitors currently working in PEEK market are Victrex PLC, Solvay S.A., Evonik, SABIC, Panjin Zhongrun High Performance Polymers Co. Ltd, Celanese Corporation, Zyex Ltd, Quadrant Epp Surlon India Ltd, Prototype & Plastic Mold Co. Inc., Jrlon Inc., J. K. Overseas, Darter Plastics Inc., Caledonian Ferguson Timpson Ltd, Tri-Mack Plastics Manufacturing Corp., A. Schulman
This report studies Global PEEK Market in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2025.
Conducts Overall Global PEEK Market Segmentation: This knowledgeable market research report offers lucrative opportunities by breaking down complex market data into segments on the basis of Global PEEK Market By Type (Unfilled, Carbon Filled, Glass Filled), By Application (Electrical & Electronics, Aerospace, Automotive, Oil & Gas, Medical, Others), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa)– Industry Trends and Forecast to 2026.
Table Of Contents: Global PEEK Market
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers And Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
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Market Definition: Global PEEK Market
Polyether ether ketone (PEEK) is a thermally stable polymer that is semi-crystalline in nature. It has properties such as high temperature resistance, hydrolysis resistance, self-lubrication, easy processing, and high mechanical strength, due to which it has applications in several industries such as electrical & electronics, aerospace, automotive, oil & gas, medical and others.
- Increasing demand for PEEK in aerospace and automotive industries drives the market growth
- Growing demand for high temperature resistance materials act as a driver in the growth of the market
- High Price as compared to conventional materials
- Increasing competition from hybrid polymers and composites
Key Developments in the Market:
- In June 2019, Evonik and Vland signed a Joint Development Agreement (JDA). The agreement is built to bring benefits to both the companies with new product developments. Due to this partnership, innovation as well as R&D activities of both the companies will be enhanced.
- In April 2017, Victrex plc announced the acquisition of global manufacturer of PEEK based fibres. The acquisition took place between both the companies so as to increase the sales of aerospace, automotive and industrial markets
Global PEEK market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of PEEK market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Questions Answered in This Report
- What will the Global PEEK Market size be in 2025 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
Key reason to Purchase the report
- To describe and forecast the Global PEEK Market, in terms of value, by process, product type, and industry.
- To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders
- To describe and forecast the market, in terms of value, for various segments, by region North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
- To provide detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the Global PEEK Market growth
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various trocars across geographies.
- To strategically analyze micro markets with respect to individual growth trends, prospects, and contribution to the overall market
Customization of the Report
- The report includes the complete segmentation displayed above across all above mentioned countries
- All products covered in the Global PEEK Market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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Key focus of the report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward-looking perspective on different factors driving or restraining market growth
- It provides five-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
Opportunities in the Global PEEK Market report
1.Comprehensive quantitative analysis of the industry is provided for the period of 2016-2023 to assist stakeholders to capitalize on the prevailing market opportunities.
2.Comprehensive analysis of the factors that drive and restrict the market growth is provided in the report.
3.Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across regional.
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