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Global polyether ether ketone (PEEK) market is expected to reach USD 765.7 million by 2020. 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.
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Hexa Reports Market Research Reports and Insightful Company Profiles Polyether Ether Ketone (PEEK) Market Share, Size, Industry Profile, Market Prize, Forecast and Overview Global polyether ether ketone (PEEK) market is expected to reach USD 765.7 million by 2020. 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. For overview analysis, the report introduces Automotive Battery basic information including definition, classification, application, industry chain structure, industry overview, policy analysis, and news analysis, etc. Browse Detail Report With TOC http://www.hexareports.com/report/polyether-ether-ketone-peek- market-analysis-by-product-unfilled-carbon-filled-glass-filled-by-application-medical-automotive- aerospace-industrial-electrical-amp-electronics-and-segment-forecasts-to-2020/details 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
Hexa Reports Market Research Reports and Insightful Company Profiles 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 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 Industria l Electrical & Electronics Global Polyether Ether Ketone (PEEK) Regional Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2020) North America U.S. Canada Europe Germany Italy Asia Pacific
Hexa Reports Market Research Reports and Insightful Company Profiles China Japan India Middle East & Africa Central & South America Table Of Content Chapter 1. Methodology and Scope 1.1. Research Methodology 1.2. Research Scope & Assumptions 1.3. List of Data Sources Chapter 2. Executive Summary 2.1. Polyether Ether Ketone (PEEK)- Industry Summary and Critical Success Factors (CSFs) Chapter 3. Polyether Ether Ketone (PEEK) Industry Outlook 3.1. Market Segmentation 3.2. Market Size and Growth Prospects 3.3. Polyether Ether Ketone (PEEK) Value Chain Analysis 3.4. Raw Material Analysis 3.5. Regulatory/Legislative Framework 3.6. Polyether Ether Ketone (PEEK) Market Dynamics Request A Sample copy of This Report @http://www.hexareports.com/sample/42622 3.6.1. Market driver analysis 3.6.1.1. Replacing metals with light weight elements 3.6.1.2. Efficient and environment friendly 3.6.2. Market restraint analysis 3.6.2.1. Costlier than other substitutes 3.7. Key Opportunities Prioritized 3.8. Polyether Ether Ketone (PEEK) - Company market share analysis, 2014 3.9. Industry Analysis - Porter's 3.10. Polyether Ether Ketone (PEEK) Market PESTEL Analysis, 2014 Chapter 4. Polyether Ether Ketone (PEEK)Product Outlook 4.1. Global Polyether Ether Ketone (PEEK) Market Share by Product, 2013 & 2020 4.2. Unfilled 4.2.1. Market estimates and forecast, 2012 - 2020, (Tons) (USD Million) 4.2.2. Market estimates and forecast by region, 2012 - 2020 (Tons) (USD Million) 4.3. Carbon filled 4.3.1. Market estimates and forecast, 2012 - 2020, (Tons) (USD Million) 4.3.2. Market estimates and forecast by region, 2012 - 2020 (Tons) (USD Million) 4.4. Glass filled 4.4.1. Market estimates and forecast, 2012 - 2020, (Tons) (USD Million)
Hexa Reports Market Research Reports and Insightful Company Profiles Browse Full Report http://www.hexareports.com/report/polyether-ether-ketone-peek-market- analysis-by-product-unfilled-carbon-filled-glass-filled-by-application-medical-automotive-aerospace- industrial-electrical-amp-electronics-and-segment-forecasts-to-2020/details About Us: Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Information: Ryan Shaw Felton Office Plaza, 6265 Highway 9, Felton, California, 95018, United States Phone Number 1-800-489-3075 Email Us: sales@hexareports.com Our Website: http://www.hexareports.com/