Polyether Ether Ketone Market Size, Share, Growth, Analysis, Opportunity, Outlook, and Forecast, 2035 | ChemAnalyst

0
0

According to ChemAnalyst report, “Polyether ether ketone (PEEK) Market Analysis: Plant Capacity, Production, Operating Efficiency, Process, Grade, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, 2015-2035”, Global polyether ether ketone demand stood at around 12 thousand tonnes in 2021, with the market expected to witness significant growth, growing at a CAGR of 3.4% by 2035.

Read Full Report Here @ https://www.chemanalyst.com/industry-report/polyether-ether-ketone-peek-market-678

PEEK is a high-performance engineering thermoplastic and a polyaromatic semi-crystalline that belongs to polyaryletherketone family. PEEK polymer is derived from step-growth polymerization by the dialkylation of bisphenolate salts. It can be integrated by using nucleophilic substitution of 4,4’-difluorobenzophenone or 1,4-bis(4-fluorobenzoyl) benzene with hydroquinone in the presence of alkali carbonate under microwave irradiation to obtain high yield. Injection moulding, extrusion and compression monofilament are most of the conventional method that are used for processing PEEK but now this polymer is being processed by using advance 3D printing technology that extends possible applications such as from patient-specific hearing aids to surgical aids or instruments.

Read Free Request Sample Online @ https://www.chemanalyst.com/ChemAnalyst/RequestForm

In comparison to other polymers, PEEK exhibits outstanding properties for instance it is resistant to chemicals and high temperature, chemically inert and insoluble in all solvents, lightweight, creep-resistant, biocompatible, bioresorbable, etc. Since, PEEK molecule is very stable in nature, therefore it can be reprocessed and re-melted again and again without losing its properties. This reduces the environmental impact and ensures that waste material from manufacturing processes can be re-used economically. PEEK polymers are well suited for harsh and demanding environments. This light thermoplastic polymer can support numerous requirements at once to address material limitations in applications, frequently replacing metals, as well as to meet cost-efficiency and sustainability needs.

Based on end-use, PEEK is widely used in medical, aerospace, automotive, electricals and electronics, etc. Recently, Evonik has launched a plastic gear molded of Vestakeep PEEK which is being used in automobile transmissions. This PEEK molding compound is developed with the tribological properties, enabling noise reduction, vibration damping and durability in the harsh environment of internal combustion engines. Polyether ether ketone is the material of choice for implants in medical sector. Almost everywhere in the body, it provides optimum flexibility of movement for patients over an extended period. Evonik and Samplast are developing a VESTAPEEK Fusion, an osteoconductive PEEK biomaterial, achieved by using a functional additive called biphasic calcium phosphate that allow attachment of bone cells to implants more efficiently, thus, accelerating bone fusion and convalescence. Companies like Victrex and Solvay are leading companies for manufacturing PEEK biomaterials in medical grade that are well suited for medical devices application such as dental abutments, blood management, surgical instruments, spinal fusion, trauma facture fixation, etc. With this increased use of non-implantable and implantable devices, the PEEK demand is anticipated to increase in the market.

Region wise, Europe holds the maximum global demand of PEEK, and the market is anticipated to grow at a steady rate. A few companies have begun to invest in new plants such as Victrex and are planning to expand PEEK capacity in UK debottlenecking and China joint-venture in future.

“Polyether ether Ketone (PEEK) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Process, Grade, End Use, Distribution Channel, Region, Competition, Trade, 2015-2035”

Key Players:

  • Solvay S.A.
  • Oxford Polymers
  • Victrex plc.
  • Jilin Joinature Polymer Co., Ltd.
  • Panjin Zhongrun High Performance Polymers Co. Ltd.
  • Jida Evonik High Performance Polymers
  • Daicel-Evonik Ltd. and others.

“Polyether ether ketone or PEEK, a high-heat engineering thermoplastic regarded as widely used polymer which is employed in demanding end-user industries such as Aerospace, Automotive, Electrical and Electronics, Medical, etc. PEEK possess biocompatibility, bioresorbable, light weight, high-heat resistivity and other exceptional properties. Due to all these properties of Polyether ether ketone, a rise in its demand is projected to drive its market growth over the forecast period, gaining popularity in the market and offer various opportunities for manufacturers to expand their existing capacities and fill the demand – supply gap in future.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.

Report Scope:

In this report, Polyether Ether Ketone (PEEK) market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

 

Attribute

Details

Market size volume by 2021

12 thousand tonnes

Growth Rate

CAGR of 3.4% from 2022 to 2035

Base year for estimation

2021

Historic Data

2015 – 2020

Forecast period

2023 – 2035

Quantitative units

Demand in Thousand Tonnes and CAGR from 2022 to 2035

Report coverage

Revenue forecast, demand & supply, competitive analysis, competitive landscape, growth factors, and trends

Segments covered

Grade (Unfilled Grade, Glass Fiber, Carbon Fiber, Bearing Grade, etc)

End-Use (Aerospace, Automotive, Electronics and Electricals, Medical Implants and Others (Semi-conductor, Energy, etc.))

Sales Channel (Direct Company Sale, Indirect Sale)

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States; Mexico; Canada; China; India; Japan; South Korea; Taiwan; Singapore; Germany; Belgium; France; United Kingdom; Spain; Italy; Sweden; Austria; Saudi Arabia; Iran; South Africa; Brazil; Argentina

Key companies profiled

Solvay S.A., Oxford Polymers, Victrex plc., Jilin Joinature Polymer Co., Ltd., Panjin Zhongrun High Performance Polymers Co. Ltd., Jida Evonik High Performance Polymers, Daicel-Evonik Ltd. and others.

Customization scope

Free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

 

Browse Related Reports

Polylactic Acid (PLA) Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Regional Demand, 2015-2035

https://www.chemanalyst.com/industry-report/polylactic-acid-pla-market-673

Metallocene Linear Low Density Polyethene (mLLDPE) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Grade, End Use, Application, Sales Channel, Region, Competition, Trade, Market Analysis, 2015-2030

https://www.chemanalyst.com/industry-report/mlldpe-market-64

About ChemAnalyst

ChemAnalyst is a leading provider of chemical commodity prices in more than 12 countries from last 4 Years. The company has emerged as a preferred pricing supplier amongst Procurement Managers and Strategy Professionals globally who wants to track near real time prices of chemicals on its interactive dashboard. Unlike most of its competitors such as ICIS, IHS & S&P Platts the company doesn’t believe in delivering prices in PDF reports. The company has developed proprietary algorithm based online subscription platform in which users can track years of historical prices of more than 250 chemical commodities. In addition, since it’s all online, the users cannot just compare prices across multiple countries but also with other commodities and play with the data by generating multiple graphs to find out amazing insights. The users get access to grade wise CIF, CFR & Ex Works prices at multiple ports in each country.

ChemAnalyst also provides market analysis for more than 1000+ chemical commodities such as Production, Demand, Supply, Plant Operating Rate, Imports, Exports, Suppliers, Customers and much more. The company has created online interactive dashboard in which customers can access all this data instantly with a click of a button. The users will not only be able to analyze historical data for past years but will also get to analyze short term and long-term forecasts for coming years. With the access to local field teams, the company can provide high quality reliable market analysis data for more than 20 countries.

ChemAnalyst is a one stop solution for all the data related needs. We at ChemAnalyst are committed to assist customers worldwide with their data and insights needs using our comprehensive online platform.

Contact Us:

Nilesh Vishwakarma

B-44 Sector-57 Noida,

National Capital Region

Tel: 0120-4523948

Mob: +91-8882336899

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com/

Showing 0 results
Your Answer

Please first to submit.

Get involved

Register

As a member of this site you will be able to receive aggregates news relating only to those categories that are most relevant to you, submit job listings for FREE, post questions in the Q&A, and more.

Register Now

Feature your company

The Feature Your Company listing is your custom-made (by us) profile page that allows you to add any of the following content: text, videos, links, images. The page will also be listed on the Featured Company landing page. Over 560 unique aggregates users visit the site per day! Complete the enquiry form now to contact us.

Contact us

Jobs

Are you looking for an aggregate related job? Click here to see our jobs listing supplied by industry experts United Employment.

See Jobs

Advertise

Reach thousands of budget holders and decision makers by promoting your company on the longest established aggregate website in the US & Canada. Or advertise in our emails which are sent to opted-in subscribers according to their chosen categories. All advertising will display correctly on tablets and mobiles as this site is responsive.