Global Polyetheretherketone (PEEK) Market Will Grow at a CAGR 15.0% and Reach USD 1300 Million by 2023, from USD 560 Million in 2017

   2018-11-08 00:11

Lewes, DE — (SBWIRE) — 11/07/2018 — Global Polyetheretherketone (PEEK) market will register a 15.0% CAGR in terms of revenue, reach US$ 1300 million by 2023, from US$ 560 million in 2017.

Polyether ether ketone (PEEK) is a semi-crystalline high temperature thermoplastic that offers a unique combination of exceptional performance characteristics. PEEK has excellent long term chemical resistance and also offers thermal and mechanical properties. PEEK is used to make some specialized components, which are used in their various applications. PEEK has excellent strength, rigidity and toughness at elevated temperatures, chemically resistant to most common solvents, has low moisture absorption, superior electric properties, with FDA compliant, and relatively low smoke and gas emissions.

In consumption market, the global consumption value of polyetheretherketone (PEEK) increases with the 11.52% average growth rate. Europe and North America are the mainly consumption regions due to the bigger demand of downstream applications. In 2015, these two regions occupied 55.88% of the global consumption volume in total.

Polyetheretherketone (PEEK) has two forms, which include powder and particle. And each type has application industries relatively. With wear-resisting and corrosion resistance of polyetheretherketone (PEEK), the downstream application industries will need more polyetheretherketone (PEEK) products. So, polyetheretherketone (PEEK) has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce good performance polyetheretherketone (PEEK) through improving technology.

The major raw materials for polyetheretherketone (PEEK) are 4,4 Difluorobenzophenone, Hydroquinone and Diphenyl sulfone. Fluctuations in the price of the upstream product will impact on the production cost of polyetheretherketone (PEEK). The production cost of polyetheretherketone (PEEK) is also an important factor which could impact the price of polyetheretherketone (PEEK).

Over the next five years, Study projects that Polyetheretherketone (PEEK) will register a 15.0% CAGR in terms of revenue, reach US$ 1300 million by 2023, from US$ 560 million in 2017.

This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:

Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)

Split by Product Types, with sales, revenue, price, market share of each type, can be divided into

Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Energy / Industrial

Spanning over 125 pages “Forecast of Global Polyetheretherketone (PEEK) Market 2023” report covers Polyetheretherketone (PEEK) Market Overview, Global Polyetheretherketone (PEEK) Sales, Revenue (Value) and Market Share by Players, Global Polyetheretherketone (PEEK) Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players Polyetheretherketone (PEEK) Sales, Revenue and Price, Europe Top 5 Players Polyetheretherketone (PEEK) Sales, Revenue and Price, Asia-Pacific Top 5 Players Polyetheretherketone (PEEK) Sales, Revenue and Price, South America Top 5 Players Polyetheretherketone (PEEK) Sales, Revenue and Price, Middle East & Africa Top 5 Players Polyetheretherketone (PEEK) Sales, Revenue and Price, Global Polyetheretherketone (PEEK) Players Profiles/Analysis, Global Polyetheretherketone (PEEK) Market Forecast (2018-2023), Polyetheretherketone (PEEK) Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Research Findings and Conclusion, Appendix.

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