Research and Markets: Global Polyether Ether Ketone (PEEK) Market Forecast to Reach a Value of $1022 Million by 2020, at a CAGR of 12.2% from 2015 to 2020
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/q539gt/polyether_ether) has announced the addition of the “Polyether Ether Ketone (PEEK) Market, By Application (Automotive, Aerospace, Electrical & Electronics, Medical, Industrial, and Others), By Product Types (Unfilled, Carbon filled, Glass filled, and Others), and by Geography – Global Forecast to 2020” report to their offering.
The global polyether ether ketone market witnessed significant growth in recent years, and this growth is expected to persist in the coming years.
The global PEEK market is a relatively nascent, fast-growing, and technologically evolving market as demand from various new application markets continues to increase. New applications in the major end-user industries, such as aerospace, automotive, and medical, are expected to drive the growth of this sector in the next few years. Hence, the PEEK market is expected to grow at a high rate. With the growing interest in PEEK market, major companies such as Victrex, Jida Evonik, and Solvay Specialty Polymers are keen on expanding their existing business by introducing new products in the market.
Europe is the biggest market of polyether ether ketone (PEEK). It accounted for more than 35% of the total market size in terms of value in 2015. Among all the countries in Europe, Germany dominates the PEEK market with the maximum market share in 2015. Germany is closely followed by France. Industrial application is the largest consumer of polyether ether ketone, followed by the medical application. The European market is comparatively mature with a consumption growth rate well below the average market growth.
Currently, there are a large number of suppliers in the polyether ether ketone (PEEK) market. Leading companies are working towards enhancing their market presence by strengthening their distribution channels. Also, major companies are focused on acquiring smaller players in the market to avoid competition in the future. These acquisitions also help the companies to enhance their product portfolio.
Key Topics Covered
- Research Methodology
- Executive Summary
- Premium Insights
- Market Overview
- Industry Trends
- Polyether Ether Ketone (Peek) Market, By Type
- Polyether Ether Ketone (Peek) Market, By Application
- Regional Analysis
- Competitive Landscape
- Company Profiles
- A. Schulman
- Caledonian Ferguson Timpson
- Darter Plastics
- J K Overseas
- Jida Evonik High Performance Polymers (Changchun)
- Panjin Zhongrun High Performance Polymers
- Parkway Products
- Prototype & Plastic Mold
- Quadrant Epp Surlon India
- Solvay Specialty Polymers Usa
- Stern Industries
- Tri-Mack Plastics Manufacturing
For more information visithttp://www.researchandmarkets.com/research/q539gt/polyether_ether
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