Polyether Ether Ketone (PEEK) Market Size, Segmentation To 2020: Grand View Research, Inc.

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Global Polyether Ether Ketone (PEEK) Market
Expected To Reach USD 765.7 Million By 2020
Grand View Research, Inc.

• Grand View Research has announced the addition of
  "Global Polyether Ether Ketone (PEEK) Market
  Analysis And Segment Forecasts To 2020" Market
  Research report to their Database

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• Global polyether ether ketone (PEEK) market(
  http//www.grandviewresearch.com/industry-analysis
  /polyether-ether-ketone-peek-industry ) is
  expected to reach USD 765.7 million by 2020
  according to a new study by Grand View Research,
  Inc. Shift towards reducing overall weight of
  automobiles by substituting metals with high
  performance plastics is expected to drive the
  global PEEK market over the forecast period.
  Stringent regulations particularly in the U.S.
  and Europe to minimize fuel consumption by
  improving fuel efficiency have prompted PEEK
  adoption across the automotive industry. Superior
  performance features have also contributed
  towards its increasing penetration across
  medical, food, semiconductors, aerospace and
  industrial sectors. High price of PEEK compared
  to other plastics is expected to remain a key
  challenge for market participants. 
• Glass filled emerged as the leading PEEK product
  and accounted for 47.6 of total market volume in
  2013. Glass filled PEEK is widely used across
  electrical electronics and industrial
  applications. Growth of electrical electronics
  industry in Asia Pacific is expected to fuel this
  segment over the forecast period. Carbon filled
  PEEK is expected to witness the highest growth of
  8.8 from 2014 to 2020 on account of its
  increasing application base across clinical and
  aerospace industries.

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• Further key findings from the study suggest
• Global PEEK market demand was 4,320 tons in 2013
  and is expected to reach 7,562.7 tons by 2020,
  growing at a CAGR of 8.4 from 2014 to 2020.
• PEEK is majorly used for industrial applications
  which accounted for 27.6 of total market volume
  2013. Stringent environment regulations for
  packaging are expected to drive PEEK demand for
  industrial applications. In additon, rapid
  industrialization rates in Asian and Latin
  American countries are also expected to have a
  positive impact on the market growth over the
  forecast period.
• Automotive is expected to witness the highest
  growth of 8.9 from 2014 to 2020. Strong shift in
  trend towards replacing metals with high
  performance plastics in the U.S. and Europe is
  expected to drive the segment growth over the
  forecast period. Medical and aerospace
  application segments are also expected to witness
  significant growth. Currently, PEEK is majorly
  used as an efficient product for spinal surgeries
  in medical industry. In aerospace industry, PEEK
  is used as a raw material for new generation
  passenger aircrafts.
• Europe emerged as a leading regional market and
  accounted for 55.6 in 2013. Favorable regulatory
  scenario coupled with presence of major PEEK
  manufacturers is expected to drive the regional
  market over the forecast period. Asia Pacific is
  expected to witness the highest growth of 15.0
  from 2014 to 2020. Positive outlook on regional
  automotive industry is expected to drive the
  regional market over the forecast period.
• Global PEEK market is highly consolidated and is
  dominated by leading MNCs. Major industry
  participants include Victrex Plc., Solvay
  Specialty Polymers, LIC and Panjin Zhongrun High
  Performance Polymers Co. Ltd. Other companies
  operating in the global PEEK market include Jida
  Evonik High Performance Polymers (Changchun) Co.
  Ltd, Zyex Ltd, A. Schulman AG, Caledonian
  Ferguson Timpson Ltd, Quadrant EPP Surlon India
  Ltd and J.K. Overseas.
• For More http//www.grandviewresearch.com/industr
  y-analysis/polyether-ether-ketone-peek-industry

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• Request free sample of this Report
  http//www.grandviewresearch.com/industry-analysis
  /polyether-ether-ketone-peek-industry/request
• For the purpose of this study, Grand View
  Research has segmented the PEEK market on the
  basis of product, application and region
• Global Polyether Ether Ketone (PEEK) Product
  Outlook (Volume, Tons Revenue, USD Million, 2012
  2020)
• Unfilled
• Carbon filled
• Glass filled
• Global Polyether Ether Ketone (PEEK) Application
  Outlook (Volume, Tons Revenue, USD Million, 2012
  2020)
• Medical
• Automotive
• Aerospace
• Industrial
• Electrical Electronics

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• Global Polyether Ether Ketone (PEEK) Regional
  Outlook (Volume, Tons Revenue, USD Million, 2012
  2020)
• North America
• U.S.
• Canada
• Europe
• Germany
• Italy
• Asia Pacific
• China
• Japan
• India
• Middle East Africa
• Central South America

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• Browse all reports at http//www.grandviewresearch
  .com/industry/specialty-bio-based-and-water-solubl
  e-polymers
• About Grand View Research
• Grand View Research, Inc. is a market research
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  Research provides strategic objective insights.
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