Global PEEK Market: Industry Analysis and Forecast (2021-2027) by End-User, Type, and Region

Global PEEK Market size was valued at US$ 638.41 Mn. in 2020 and the total revenue is expected to grow at a CAGR of 6.3% through 2021 to 2027, reaching nearly US$ 979.11 Mn.

Global PEEK Market Overview:

The Global PEEK market was valued at US $638.41 Mn. in 2020, and it is expected to reach US $979.11 Mn. by 2027 with a CAGR of 6.3% during the forecast period. PEEK is used to construct objects required in demanding applications, such as bearings, piston components, pumps, HPLC columns, compressor plate valves, and cable insulation, due to its durability. It’s one of the few plastics that can withstand ultra-high vacuum. Global PEEK Market To know about the Research Methodology :- Request Free Sample Report Though market forecasting through 2027 is based on real output, demand and supply of 2020, 2020 numbers are also estimated on real numbers published by key players as well all important players across the world. Market forecasting till 2027 is done based on past data from 2016 to 2019 with the impact of global lock down on the market in 2020 and 2021.

Global PEEK Market Dynamics:

The major driver of the market is the increasing demand from end-user industries like the electrical and electronic industry and aerospace industry. The use of PEEK in numerous fast-growing industries creates a high potential growth to the market, which could make the market enter the billion markets list in number of times. Also, the vast application of glass-filled PEEK is another major factor fuelling the growth of the global market. PEEK polymers are becoming the material of choice to replace traditional materials such as steel, aluminium, and wood, among others, due to their qualities. They have higher chemical and impact resistance, as well as higher strength-to-weight ratios, than other standard materials. They also provide you more design options. As a result, for the next five years and beyond, the market for high-performance polymers is expected to be highly robust and increase at a rapid rate. These are the key factor that drives the growth of the global market during the forecast period 2021-2027. However, strict regulations imposed on the leading polyether other ketone producers may negatively affect the global market growth. Also, undergoing research and developments for better suitable alternatives for various end-use industries are restraining the global PEEK market growth.

Global PEEK Market Segment Analysis:

The Global PEEK Market is segmented by End-User, and Type. Based on the End-User, the market is segmented into Electrical & Electronics, Aerospace, Automotive, Oil & Gas, Medical, and Others. Electrical & Electronics segment is expected to grow rapidly at a CAGR of xx% during the forecast period. An increasing demand from end applications of electrical & electronics industry, such as electrical connectors, transformers, cable sheaths, and others are driving this sector’s growth. This is the key factor that drives the growth of the electrical & electronics industry segment in the global market during the forecast period 2021-2027. Global PEEK Market 1 Based on the Type, the market is segmented into Glass Filled, Carbon Filled, and Unfilled. Glass Filled type segment is expected to hold the largest market shares of xx% by 2027. An increasing demand for PEEK products with larger strength and stiffness from major end-use industries and PEEK products are used in an extensive range of industrial applications, due to the ability to provide enhanced mechanical and thermal properties. These are the key factor that drives the growth of the Glass Filled type segment in the global market during the forecast period 2021-2027. Global PEEK Market 2

Global PEEK Market Regional Insights:

Asia Pacific dominates the global PEEK market during the forecast period 2021-2027. Asia Pacific is expected to hold the largest market shares of xx% by 2027. Increasing demand for PEEK from both developed and emerging countries like Japan, Australia, China, India, and others in this region. Growing demand from electrical & electronics industry is expected to drive the growth of the global PEEK market in China and South Korea. Growing urbanization, population, and investments in end-use industries are driving the growth of the global PEEK market in the Asia-Pacific region. Also, increasing components manufacturing, electrical & electronic, coupled with the growing automotive industry. These are the key factor that drives the growth of Asia Pacific region in the global market during the forecast period 2021-2027. The objective of the report is to present a comprehensive analysis of the Global PEEK Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also helps in understanding the Global PEEK Market dynamic, structure by analyzing the market segments and project the Global PEEK Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global PEEK Market make the report investor’s guide.

Global PEEK Market Scope: Inquire before buying

Global PEEK Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $ 638.41 Mn.
Forecast Period 2021 to 2027 CAGR: 6.3% Market Size in 2027: US $ 979.11 Mn.
Segments Covered: by Type • Glass Filled • Carbon Filled • Unfilled
by End Use • Electrical & Electronics • Aerospace • Automotive • Oil & Gas • Medical • Other

Global PEEK Market, by Region

• North America • Europe • Asia Pacific • South America • Middle East and Africa

Global PEEK Market Key Players

Victrex PLC • Solvay S.A. • Evonik Industries AG • Saudi Basic Industries Corporation (SABIC) • Panjin Zhongrun High Performance Polymers Co. Ltd • Celanese Corporation • Zyex Ltd • Quadrant Epp Surlon India Ltd • Prototype & Plastic Mold Co. Inc. • Jrlon Inc. • J. K. Overseas • Darter Plastics Inc. • Caledonian Ferguson Timpson Ltd • Stern Industries Inc. • A. Schulman Inc. • Mitsubishi Chemical Corporation • PolyOne Corporation • LATI Industria Termoplastici S.p.A. • Saudi Basic Industries Corporation (SABIC)

Frequently Asked Questions:

1] What segments are covered in PEEK Market report? Ans. The segments covered in PEEK Market report are based on End-User, and Type. 2] Which region is expected to hold the highest share in the Global PEEK Market? Ans. Asia Pacific is expected to hold the highest share in the Global PEEK Market. 3] Who are the top key players in the Global PEEK Market? Ans. Victrex PLC, Solvay S.A., Evonik Industries AG, Saudi Basic Industries Corporation (SABIC), and Panjin Zhongrun High Performance Polymers Co. Ltd are the top key players in the Global PEEK Market. 4] Which segment holds the largest market share in the Global PEEK market by 2027? Ans. Glass Filled type segment hold the largest market share in the Global PEEK market by 2027. 5] What is the market size of the Global PEEK market by 2027? Ans. The market size of the Global PEEK market is US $ 979.11 Mn. by 2027. 6] What was the market size of the Global PEEK market in 2020? Ans. The market size of the Global PEEK market was worth US $638.41 Mn. in 2020.

Global PEEK Market

1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global PEEK Market, by Market Value (US$ Mn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends in Global PEEK Market 4.8. Global PEEK Market Competitive Landscape 5. Supply Side and Demand Side Indicators 6. Global PEEK Market Analysis and Forecast 6.1. Global PEEK Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global PEEK Market Analysis and Forecast, By Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global PEEK Market Value Share Analysis, By Type 7.4. Global PEEK Market Size (US$ Mn) Forecast, By Type 7.5. Global PEEK Market Analysis, By Type 7.6. Global PEEK Market Attractiveness Analysis, By Type 8. Global PEEK Market Analysis and Forecast, By End Use 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global PEEK Market Value Share Analysis, By End Use 8.4. Global PEEK Market Size (US$ Mn) Forecast, By End Use 8.5. Global PEEK Market Analysis, By End Use 8.6. Global PEEK Market Attractiveness Analysis, By End Use 9. Global PEEK Market Analysis, by Region 9.1. Global PEEK Market Value Share Analysis, by Region 9.2. Global PEEK Market Size (US$ Mn) Forecast, by Region 9.3. Global PEEK Market Attractiveness Analysis, by Region 10. North America PEEK Market Analysis 10.1. Key Findings 10.2. North America PEEK Market Overview 10.3. North America PEEK Market Value Share Analysis, By Type 10.4. North America PEEK Market Forecast, By Type 10.4.1. Glass Filled 10.4.2. Carbon Filled 10.4.3. Unfilled 10.5. North America PEEK Market Value Share Analysis, By End Use 10.6. North America PEEK Market Forecast, By End Use 10.6.1. Electrical & Electronics 10.6.2. Aerospace 10.6.3. Automotive 10.6.4. Oil & Gas 10.6.5. Medical 10.6.6. Other 10.7. North America PEEK Market Value Share Analysis, by Country 10.8. North America PEEK Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America PEEK Market Analysis, by Country 10.10. U.S. PEEK Market Forecast, By Type 10.10.1. Glass Filled 10.10.2. Carbon Filled 10.10.3. Unfilled 10.11. U.S. PEEK Market Forecast, By End Use 10.11.1. Electrical & Electronics 10.11.2. Aerospace 10.11.3. Automotive 10.11.4. Oil & Gas 10.11.5. Medical 10.11.6. Other 10.12. Canada PEEK Market Forecast, By Type 10.12.1. Glass Filled 10.12.2. Carbon Filled 10.12.3. Unfilled 10.13. Canada PEEK Market Forecast, By End Use 10.13.1. Electrical & Electronics 10.13.2. Aerospace 10.13.3. Automotive 10.13.4. Oil & Gas 10.13.5. Medical 10.13.6. Other 10.14. North America PEEK Market Attractiveness Analysis 10.14.1. By Type 10.14.2. By End Use 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Development 11. Europe PEEK Market Analysis 11.1. Key Findings 11.2. Europe PEEK Market Overview 11.3. Europe PEEK Market Value Share Analysis, By Type 11.4. Europe PEEK Market Forecast, By Type 11.4.1. Glass Filled 11.4.2. Carbon Filled 11.4.3. Unfilled 11.5. Europe PEEK Market Value Share Analysis, By End Use 11.6. Europe PEEK Market Forecast, By End Use 11.6.1. Electrical & Electronics 11.6.2. Aerospace 11.6.3. Automotive 11.6.4. Oil & Gas 11.6.5. Medical 11.6.6. Other 11.7. Europe PEEK Market Value Share Analysis, by Country 11.8. Europe PEEK Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe PEEK Market Analysis, by Country 11.10. Germany PEEK Market Forecast, By Type 11.10.1. Glass Filled 11.10.2. Carbon Filled 11.10.3. Unfilled 11.11. Germany PEEK Market Forecast, By End Use 11.11.1. Electrical & Electronics 11.11.2. Aerospace 11.11.3. Automotive 11.11.4. Oil & Gas 11.11.5. Medical 11.11.6. Other 11.12. U.K. PEEK Market Forecast, By Type 11.12.1. Glass Filled 11.12.2. Carbon Filled 11.12.3. Unfilled 11.13. U.K. PEEK Market Forecast, By End Use 11.13.1. Electrical & Electronics 11.13.2. Aerospace 11.13.3. Automotive 11.13.4. Oil & Gas 11.13.5. Medical 11.13.6. Other 11.14. France PEEK Market Forecast, By Type 11.14.1. Glass Filled 11.14.2. Carbon Filled 11.14.3. Unfilled 11.15. France PEEK Market Forecast, By End Use 11.15.1. Electrical & Electronics 11.15.2. Aerospace 11.15.3. Automotive 11.15.4. Oil & Gas 11.15.5. Medical 11.15.6. Other 11.16. Italy PEEK Market Forecast, By Type 11.16.1. Glass Filled 11.16.2. Carbon Filled 11.16.3. Unfilled 11.17. Italy PEEK Market Forecast, By End Use 11.17.1. Electrical & Electronics 11.17.2. Aerospace 11.17.3. Automotive 11.17.4. Oil & Gas 11.17.5. Medical 11.17.6. Other 11.18. Spain PEEK Market Forecast, By Type 11.18.1. Glass Filled 11.18.2. Carbon Filled 11.18.3. Unfilled 11.19. Spain PEEK Market Forecast, By End Use 11.19.1. Electrical & Electronics 11.19.2. Aerospace 11.19.3. Automotive 11.19.4. Oil & Gas 11.19.5. Medical 11.19.6. Other 11.20. Rest of Europe PEEK Market Forecast, By Type 11.20.1. Glass Filled 11.20.2. Carbon Filled 11.20.3. Unfilled 11.21. Rest of Europe PEEK Market Forecast, By End Use 11.21.1. Electrical & Electronics 11.21.2. Aerospace 11.21.3. Automotive 11.21.4. Oil & Gas 11.21.5. Medical 11.21.6. Other 11.22. Europe PEEK Market Attractiveness Analysis 11.22.1. By Type 11.22.2. By End Use 11.23. PEST Analysis 11.24. Key Trends 11.25. Key Development 12. Asia Pacific PEEK Market Analysis 12.1. Key Findings 12.2. Asia Pacific PEEK Market Overview 12.3. Asia Pacific PEEK Market Value Share Analysis, By Type 12.4. Asia Pacific PEEK Market Forecast, By Type 12.4.1. Glass Filled 12.4.2. Carbon Filled 12.4.3. Unfilled 12.5. Asia Pacific PEEK Market Value Share Analysis, By End Use 12.6. Asia Pacific PEEK Market Forecast, By End Use 12.6.1. Electrical & Electronics 12.6.2. Aerospace 12.6.3. Automotive 12.6.4. Oil & Gas 12.6.5. Medical 12.6.6. Other 12.7. Asia Pacific PEEK Market Value Share Analysis, by Country 12.8. Asia Pacific PEEK Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific PEEK Market Analysis, by Country 12.10. China PEEK Market Forecast, By Type 12.10.1. Glass Filled 12.10.2. Carbon Filled 12.10.3. Unfilled 12.11. China PEEK Market Forecast, By End Use 12.11.1. Electrical & Electronics 12.11.2. Aerospace 12.11.3. Automotive 12.11.4. Oil & Gas 12.11.5. Medical 12.11.6. Other 12.12. India PEEK Market Forecast, By Type 12.12.1. Glass Filled 12.12.2. Carbon Filled 12.12.3. Unfilled 12.13. India PEEK Market Forecast, By End Use 12.13.1. Electrical & Electronics 12.13.2. Aerospace 12.13.3. Automotive 12.13.4. Oil & Gas 12.13.5. Medical 12.13.6. Other 12.14. Japan PEEK Market Forecast, By Type 12.14.1. Glass Filled 12.14.2. Carbon Filled 12.14.3. Unfilled 12.15. Japan PEEK Market Forecast, By End Use 12.15.1. Electrical & Electronics 12.15.2. Aerospace 12.15.3. Automotive 12.15.4. Oil & Gas 12.15.5. Medical 12.15.6. Other 12.16. ASEAN PEEK Market Forecast, By Type 12.16.1. Glass Filled 12.16.2. Carbon Filled 12.16.3. Unfilled 12.17. ASEAN PEEK Market Forecast, By End Use 12.17.1. Electrical & Electronics 12.17.2. Aerospace 12.17.3. Automotive 12.17.4. Oil & Gas 12.17.5. Medical 12.17.6. Other 12.18. Rest of Asia Pacific PEEK Market Forecast, By Type 12.18.1. Glass Filled 12.18.2. Carbon Filled 12.18.3. Unfilled 12.19. Rest of Asia Pacific PEEK Market Forecast, By End Use 12.19.1. Electrical & Electronics 12.19.2. Aerospace 12.19.3. Automotive 12.19.4. Oil & Gas 12.19.5. Medical 12.19.6. Other 12.20. Asia Pacific PEEK Market Attractiveness Analysis 12.20.1. By Type 12.20.2. By End Use 12.21. PEST Analysis 12.22. Key Trends 12.23. Key Development 13. Middle East & Africa PEEK Market Analysis 13.1. Key Findings 13.2. Middle East & Africa PEEK Market Overview 13.3. Middle East & Africa PEEK Market Value Share Analysis, By Type 13.4. Middle East & Africa PEEK Market Forecast, By Type 13.4.1. Glass Filled 13.4.2. Carbon Filled 13.4.3. Unfilled 13.5. Middle East & Africa PEEK Market Value Share Analysis, By End Use 13.6. Middle East & Africa PEEK Market Forecast, By End Use 13.6.1. Electrical & Electronics 13.6.2. Aerospace 13.6.3. Automotive 13.6.4. Oil & Gas 13.6.5. Medical 13.6.6. Other 13.7. Middle East & Africa PEEK Market Value Share Analysis, by Country 13.8. Middle East & Africa PEEK Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa PEEK Market Analysis, by Country 13.10. GCC PEEK Market Forecast, By Type 13.10.1. Glass Filled 13.10.2. Carbon Filled 13.10.3. Unfilled 13.11. GCC PEEK Market Forecast, By End Use 13.11.1. Electrical & Electronics 13.11.2. Aerospace 13.11.3. Automotive 13.11.4. Oil & Gas 13.11.5. Medical 13.11.6. Other 13.12. South Africa PEEK Market Forecast, By Type 13.12.1. Glass Filled 13.12.2. Carbon Filled 13.12.3. Unfilled 13.13. South Africa PEEK Market Forecast, By End Use 13.13.1. Electrical & Electronics 13.13.2. Aerospace 13.13.3. Automotive 13.13.4. Oil & Gas 13.13.5. Medical 13.13.6. Other 13.14. Rest of Middle East & Africa PEEK Market Forecast, By Type 13.14.1. Glass Filled 13.14.2. Carbon Filled 13.14.3. Unfilled 13.15. Rest of Middle East & Africa PEEK Market Forecast, By End Use 13.15.1. Electrical & Electronics 13.15.2. Aerospace 13.15.3. Automotive 13.15.4. Oil & Gas 13.15.5. Medical 13.15.6. Other 13.16. Middle East & Africa PEEK Market Attractiveness Analysis 13.16.1. By Type 13.16.2. By End Use 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Development 14. South America PEEK Market Analysis 14.1. Key Findings 14.2. South America PEEK Market Overview 14.3. South America PEEK Market Value Share Analysis, By Type 14.4. South America PEEK Market Forecast, By Type 14.4.1. Glass Filled 14.4.2. Carbon Filled 14.4.3. Unfilled 14.5. South America PEEK Market Value Share Analysis, By End Use 14.6. South America PEEK Market Forecast, By End Use 14.6.1. Electrical & Electronics 14.6.2. Aerospace 14.6.3. Automotive 14.6.4. Oil & Gas 14.6.5. Medical 14.6.6. Other 14.7. South America PEEK Market Value Share Analysis, by Country 14.8. South America PEEK Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America PEEK Market Analysis, by Country 14.10. Brazil PEEK Market Forecast, By Type 14.10.1. Glass Filled 14.10.2. Carbon Filled 14.10.3. Unfilled 14.11. Brazil PEEK Market Forecast, By End Use 14.11.1. Electrical & Electronics 14.11.2. Aerospace 14.11.3. Automotive 14.11.4. Oil & Gas 14.11.5. Medical 14.11.6. Other 14.12. Mexico PEEK Market Forecast, By Type 14.12.1. Glass Filled 14.12.2. Carbon Filled 14.12.3. Unfilled 14.13. Mexico PEEK Market Forecast, By End Use 14.13.1. Electrical & Electronics 14.13.2. Aerospace 14.13.3. Automotive 14.13.4. Oil & Gas 14.13.5. Medical 14.13.6. Other 14.14. Rest of South America PEEK Market Forecast, By Type 14.14.1. Glass Filled 14.14.2. Carbon Filled 14.14.3. Unfilled 14.15. Rest of South America PEEK Market Forecast, By End Use 14.15.1. Electrical & Electronics 14.15.2. Aerospace 14.15.3. Automotive 14.15.4. Oil & Gas 14.15.5. Medical 14.15.6. Other 14.16. South America PEEK Market Attractiveness Analysis 14.16.1. By Type 14.16.2. By End Use 14.17. PEST Analysis 14.18. Key Trends 14.19. Key Development 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Type Launches and Type Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Victrex PLC. 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Type Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Company Footprint 15.3.2. Solvay S.A. 15.3.3. Evonik Industries AG 15.3.4. Saudi Basic Industries Corporation (SABIC) 15.3.5. Panjin Zhongrun High Performance Polymers Co. Ltd 15.3.6. Celanese Corporation 15.3.7. Zyex Ltd 15.3.8. Quadrant Epp Surlon India Ltd 15.3.9. Prototype & Plastic Mold Co. Inc. 15.3.10. Jrlon Inc. 15.3.11. J. K. Overseas 15.3.12. Darter Plastics Inc. 15.3.13. Caledonian Ferguson Timpson Ltd 15.3.14. Stern Industries Inc. 15.3.15. A. Schulman Inc. 15.3.16. Mitsubishi Chemical Corporation 15.3.17. PolyOne Corporation 15.3.18. LATI Industria Termoplastici S.p.A. 15.3.19. Saudi Basic Industries Corporation (SABIC) 16 Primary Key Insights

About This Report

Report ID 32172
Category Material & Chemical
Published Date July 2019
Updated Date Oct 2021
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