This market study describes the global polyetheretherketone (PEEK) market, with focus on major countries and their subsequent demand for different applications. —
The study covers demand analysis for regions like, North America, Western Europe, Central & Eastern Europe, Central & South America, Asia-Pacific and Middle East & Africa and major countries like the U.S., Canada, Mexico, Germany, France, Italy, Spain, U.K., Russia, Poland, Turkey, China, Japan, India, South Korea and Brazil.
The market is segmented on the basis of end-use which includes: Automotive (Rotor Arms, Thrust Washers & Seals, Bearings and Others), Electrical & Electronics, Medical (Spinal Fusion & non-Fusion, Dental and Medical Devices), Aerospace (Critical Engine Parts, Exterior Parts, and Tubing), Oil & Gas (Seals & Compressors, Electrical Applications and Pipes & Tubing) and others.
The major players in the POM market are: Victrex Plc., Solvay SA, Jilin Zhongyan High Performance Plastic Co., Ltd., and Panjin Zhongrun High Performance Polymer. Victrex Plc.
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Executive Summary –
PEEK belongs to the polyarylether ketones family. The polymer is semi-crystalline high performance thermoplastic and is the highest priced in this category. PEEK is currently being used in specialized applications where polymers like PPS, PAI or other engineering plastics are not suitable for operations. The polymer has wide temperature operability and can have similar characteristics and performance at high temperatures of 250°C and harsh environments without losing any physical properties.
Along with excellent mechanical properties including impact resistance, low wear rate, and a low coefficient of friction, PEEK has a special property of emitting lower smoke and toxic gas when exposed to fire and has attained a V-O flammability rating. Injection molding, extrusion, compression molding and powder coating processes can be used for the processing of PEEK to be used in different applications. Electrical & Electronics, transport and industrial applications are so far the largest consumers of PEEK and will continue being the major consumers in the long term forecast.
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The report provides answers to the following key questions:
• How big is the PEEK market?
• How is the market evolving by demand, segment and region (from 2005-2025)?
• What will the market size be in 2025 and at what rate will it grow?
• What trends, challenges and barriers are influencing its growth?
• Who are the key manufacturers and what are their production capacities in different regions?
The report covers the following topics:
- LCP Market data in term of volume and value for each end-use at regional and country level
- LCP Market analysis for production capacity, demand, at regional and country level
- Business opportunity assessment
- Macro-economic factors like GDP, population and world economic integration
- Strategic issues and recommendations
- Supplier profiles
- Market analysis and forecasts from 2005 till 2025
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