Polyetheretherketone (PEEK) Market Report: Trends, Forecast and Competitive Analysis
According to a new market report published by Lucintel, the future of the global PEEK market looks promising with opportunities in electronics, oil & gas, aerospace, medical, automotive, and other industries. The global PEEK market is expected to reach an estimated $957 million by 2024 with a CAGR of 5.4% from 2019 to 2024. The major drivers for this market are growing demand for high temperature resistance materials in different end use industries.
Emerging trend, which has a direct impact on the dynamics of the PEEK industry, includes development of new applications, such as car gears, dental disc, and knee implants.
A total of 95 figures / charts and 77 tables are provided in this 157 -page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this PEEK market report download the report brochure.
PEEK market by end use
PEEK market
PPEK manufacturers
The study includes the PEEK market size and forecast for the global PEEK market through 2024, segmented by end use industry, use, and region as follows:
PEEK Market by End Use Industry [Volume (kilotons) and $M shipment analysis from 2013 to 2024]:
Electronics Semiconductor Mobile Film Others Application Oli & gas Pipe Others Application Aerospace Brackets Fasteners Other Applications Medical Spine Arthroscopy Other Applications Automotive Transmission System Braking System Gears Other Application Other End Use Industries
PEEK Market by Use [Volume (kilotons) and $M shipment analysis from 2013 to 2024]:
Unfilled Caron Composites Glass Composites
PEEK Market by Region [Volume (kilotons) and $M shipment analysis from 2013 to 2024]:
North America Europe Asia Pacific Rest of the World
Some of the PEEK companies profiled in this report include Victrex, Solvay, Evonik, Panjin Zhongrun, and Zypeek Jilin and others.
Lucintel forecasts that electronics will remain the largest end use industry by value and volume due to its wide use in mobile and semiconductor applications. Aerospace is expected to witness the highest growth over the forecast period due to the increasing usage of PEEK in aircraft components such as brackets, fasteners, and others.
Europe is expected to remain the largest market for PEEK due to the increasing consumption of PEEK in all the major applications in this region. North America is expected to witness the highest growth rate during the forecast period due to the anticipated growth in the aerospace, oil and gas, and electronics industries.
Some of the features of “Polyetheretherketone (PEEK) Market Report: Trends, Forecast and Competitive Analysis” include:
Market size estimates: Global PEEK market size estimation in terms of value ($M) and volume (Kilotons) and shipment.Trend and forecast analysis: Market trend (2013-2018) and forecast (2019-2024) by end use and use industry.Segmentation analysis: Global PEEK market size by various application and resin in terms of value and volume shipment.Regional analysis: Global PEEK market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.Growth opportunities: Analysis on growth opportunities in different applications and regions of PEEK in the global PEEK market.Strategic analysis: This includes M&A, new product development, and competitive landscape of PEEK in the global PEEK market. Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report addresses the following key questions:
Q.1. What are some of the most promising, high-growth opportunities for the global PEEK market by end use industry (electronics, oil & gas, aerospace, medical, automotive, and others), usage (unfilled, carbon composites and glass composites), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which products segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in this PEEK market?
Q.5. What are the business risks and competitive threats in this PEEK market?
Q.6. What are the emerging trends in this PEEK market and reasons behind them?
Q.7. What are some of the changing demands of customers in the PEEK market?
Q.8. What are the new developments in the PEEK market and which companies are leading these developments?
Q.9. Who are the major players in this PEEK market? What strategic initiatives are being taken by key companies for business growth?
Q.10. What are some of the competing products in this PEEK market and how big of a threat do they pose for loss of market share by product substitution?
Q.11. What M&A activity has occurred in the last 5 years in this PEEK market?
- 1. Executive Summary
- 2. Market Background and Classification
- 2.1: Introduction, Background, and Classification
- 2.2: Supply Chain
- 2.3: Industry Drivers and Challenges
- 3. Market Trends and Forecast Analysis from 2013 to 2024
- 3.1 Macroeconomic Trends and Forecast
- 3.2 Global PEEK Market Trends and Forecast Analysis
- 3.3 Global PEEK Market by End Use
- 3.3.1 Electronics
- 3.3.1.1 Semiconductor
- 3.3.1.2 Mobile Film
- 3.3.1.3 Other Applications
- 3.3.2 Oil & Gas
- 3.3.2.1 Pipe
- 3.3.2.2 Other Applications
- 3.3.3 Aerospace
- 3.3.3.1 Brackets
- 3.3.3.2 Fasteners
- 3.3.3.3 Other Applications
- 3.3.4 Medical
- 3.3.4.1 Spine
- 3.3.4.2 Arthroscopy
- 3.3.4.3 Other Applications
- 3.3.5 Automotive
- 3.3.5.1 Transmission System
- 3.3.5.2 Braking System
- 3.3.5.3 Gears
- 3.3.5.4 Other Applications
- 3.3.6 Others
- 3.4 Global PEEK Market by Use
- 3.4.1 Unfilled
- 3.4.2 Carbon Composite
- 3.4.3 Glass Composite
- 4. Market Trends and Forecast Analysis by Region
- 4.1: Global PEEK Market by Region
- 4.2: North American PEEK Market
- 4.3: European PEEK Market
- 4.4: APAC PEEK Market
- 4.5: ROW PEEK Market
- 5. Competitor Analysis
- 5.1: Product Portfolio Analysis
- 5.2: Market Share Analysis
- 5.3: Operational Integration
- 5.4: Geographical Reach
- 5.5: Porter’s Five Forces Analysis
- 6. Growth Opportunities and Strategic Analysis
- 6.1: Growth Opportunity Analysis
- 6.1.1: Growth Opportunity Analysis of Global PEEK Market by End-Use
- 6.1.2: Growth Opportunities Analysis of Global PEEK Market by Material
- 6.1.3: Growth Opportunities Analysis of Global PEEK Market by Region
- 6.2: Emerging Trends in the Global PEEK Market
- 6.3: Strategic Analysis
- 6.3.1: New Product Development
- 6.3.2: Capacity Expansion of the Global PEEK Market
- 6.3.3: Mergers, Acquisitions and Joint Ventures in the Global PEEK Market
- 6.3.4: Certification and Licensing
- 6.3.5: Technology Development
- 7. Value Chain Analysis
- 7.1: Value Chain Analysis
- 8. Company Profiles of Leading Players
- 8.1: Victrex
- 8.2: Solvay S.A
- 8.3: Evonik
- 8.4: Panjin Zhongrun
- 8.5: Zypeek Jilin
- List of Figures
- Chapter 2. Market Background and Classification
- Figure 2.1: Classification of the PEEK Market by End Use Industry and Material Type
- Figure 2.2: Classification of the PEEK Market by Application
- Figure 2.3: Balance Shaft Gear (Source: AZO Materials)
- Figure 2.4: Usage of PEEK in Medical Applications
- Figure 2.5: Classification of PEEK by Material Type
- Figure 2.6: Unreinforced PEEK (Source: AIP Precision Machining)
- Figure 2.3: Supply Chain of the Global PEEK Market
- Figure 2.8: Major Drivers and Challenges for the Global PEEK Market
- Chapter 3. Market Trends and Forecast Analysis from 2013 to 2024
- Figure 3.1: Trends of the Global GDP Growth Rate (2013-2018)
- Figure 3.2: Trends of the Regional GDP Growth Rate (2013-2018)
- Figure 3.3: Forecast for the Global GDP Growth Rate (2019-2024)
- Figure 3.4: Forecast for the Regional GDP Growth Rate (2019-2024)
- Figure 3.5: Trends and Forecast for the Global PEEK Market ($M) (2013-2024)
- Figure 3.6: Trends and Forecast for the Global PEEK Market (Kt) (2013-2024)
- Figure 3.7: Trends of the Global PEEK Market ($M) by End Use (2013-2018)
- Figure 3.8: Forecast for the Global PEEK Market ($M) by End Use (2019-2024)
- Figure 3.9: Trends of the Global PEEK Market (Kt) by End Use (2013-2018)
- Figure 3.10: Forecast for the Global PEEK Market (Kt) by End Use (2019-2024)
- Figure 3.11: Trends and Forecast for Electronics in the Global PEEK Market ($M) (2013-2024)
- Figure 3.12: Trends and Forecast for Electronics in the Global PEEK Market (Kt) (2013-2024)
- Figure 3.13: Trends and Forecast for Semiconductor in Electronics PEEK Market ($M) (2013-2024)
- Figure 3.14: Trends and Forecast for Semiconductor in Electronics PEEK Market (Kt) (2013-2024)
- Figure 3.15: Trends and Forecast for Mobile Film in Electronics PEEK Market ($M) (2013-2024)
- Figure 3.16: Trends and Forecast for Mobile Film in Electronics PEEK Market (Kt) (2013-2024)
- Figure 3.17: Trends and Forecast for Other Applications in the Electronics PEEK Market ($M) (2013-2024)
- Figure 3.18: Trends and Forecast for Other Applications in Electronics PEEK Market (Kt) (2013-2024)
- Figure 3.19: Trends and Forecast for Oil and Gas in the Global PEEK Market ($M) (2013-2024)
- Figure 3.20: Trends and Forecast for Oil and Gas in the Global PEEK Market (Kt) (2013-2024)
- Figure 3.21: Trends and Forecast for Pipe in Oil & Gas PEEK Market ($M) (2013-2024)
- Figure 3.22: Trends and Forecast for Pipe in Oil & Gas PEEK Market (Kt) (2013-2024)
- Figure 3.23: Trends and Forecast for Tape in the Oil & Gas PEEK Market ($M) (2013-2024)
- Figure 3.24: Trends and Forecast for Other Applications in the Oil & Gas PEEK Market (Kt) (2013-2024)
- Figure 3.25: Trends and Forecast for Aerospace in the Global PEEK Market ($M) (2013-2024)
- Figure 3.26: Trends and Forecast for Aerospace in the Global PEEK Market (Kt) (2013-2024)
- Figure 3.27: Trends and Forecast for Brackets in Aerospace PEEK Market ($M) (2013-2024)
- Figure 3.28: Trends and Forecast for Brackets in the Aerospace PEEK Market (Kt) (2013-2024)
- Figure 3.29: Trends and Forecast for Fasteners in the Aerospace PEEK Market ($M) (2013-2024)
- Figure 3.30: Trends and Forecast for Fasteners in the Aerospace PEEK Market (Kt) (2013-2024)
- Figure 3.31: Trends and Forecast for Other Applications in the Aerospace PEEK Market ($M) (2013-2024)
- Figure 3.32: Trends and Forecast for Other Applications in the Aerospace PEEK Market (Kt) (2013-2024)
- Figure 3.33: Trends and Forecast for Medical in the Global PEEK Market ($M) (2013-2024)
- Figure 3.34: Trends and Forecast for Medical in the Global PEEK Market (Kt) (2013-2024)
- Figure 3.35: Trends and Forecast for Spine in the Medical PEEK Market ($M) (2013-2024)
- Figure 3.36: Trends and Forecast for Spine in Medical PEEK Market (Kt) (2013-2024)
- Figure 3.37: Trends and Forecast for Arthroscopy in Medical PEEK Market ($M) (2013-2024)
- Figure 3.38: Trends and Forecast for Arthroscopy in Medical PEEK Market (Kt) (2013-2024)
- Figure 3.39: Trends and Forecast for Other Applications in the Medical PEEK Market ($M) (2013-2024)
- Figure 3.40: Trends and Forecast for Other Applications in the Medical PEEK Market (Kt) (2013-2024)
- Figure 3.41: Trends and Forecast for Automotive in the Global PEEK Market ($M) (2013-2024)
- Figure 3.42: Trends and Forecast for Automotive in the Global PEEK Market (Kt) (2013-2024)
- Figure 3.43: Trends and Forecast for Chassis in the Automotive PEEK Market ($M) (2013-2024)
- Figure 3.44: Trends and Forecast for Transmission System in the Automotive PEEK Market (Kt) (2013-2024)
- Figure 3.45: Trends and Forecast for Transmission System in the Automotive PEEK Market ($M) (2013-2024)
- Figure 3.46: Trends and Forecast for Braking System in the Automotive PEEK Market (Kt) (2013-2024)
- Figure 3.47: Trends and Forecast for Gears in Automotive PEEK Market ($M) (2013-2024)
- Figure 3.48: Trends and Forecast for Gears in the Automotive PEEK Market (Kt) (2013-2024)
- Figure 3.49: Trends and Forecast for Gears in the Automotive PEEK Market ($M) (2013-2024)
- Figure 3.50: Trends and Forecast for Other Applications in the Automotive PEEK Market (Kt) (2013-2024)
- Figure 3.51: Trends and Forecast for Other End Uses Industries in the Global PEEK Market ($M) (2013-2024)
- Figure 3.52: Trends and Forecast for Other End Uses in the Global PEEK Market (Kt) (2013-2024)
- Figure 3.53: Trends of the Global PEEK Market ($M) by Use (2013-2024)
- Figure 3.54: Forecast for the Global PEEK Market ($M) by Use (2019-2024)
- Figure 3.55: Trends of the Global PEEK Market (Kt) by Use (2013-2024)
- Figure 3.56: Forecast for the Global PEEK Market (Kt) by Material (2019-2024)
- Figure 3.57: Trend and Forecast for Unfilled PEEK in the Global PEEK Market ($M) (2013-2024)
- Figure 3.58: Trends and Forecast for Unfilled PEEK in the Global PEEK Market (Kt) (2013-2024)
- Figure 3.59: Trend and Forecast for the Global PEEK Market ($M) Used in Carbon Composite (2013-2024)
- Figure 3.60: Trends and Forecast for the Global PEEK Market (Kt) Used in Carbon Composite (2013-2024)
- Figure 3.61: Trends and Forecast for the Global PEEK Market ($M) Used in Glass Composite (2013-2024)
- Figure 3.62: Trends and Forecast for the Global PEEK Market (Kt) Used in Glass Composite (2013-2024)
- Chapter 4. Market Trends and Forecast Analysis by Region
- Figure 4.1: Trends of the Global PEEK Market ($M) by Region (2013-2018)
- Figure 4.2: Forecast for the Global PEEK Market ($M) by Region (2019-2024)
- Figure 4.3: Trends of the Global PEEK Market (Kt) by Region (2013-2018)
- Figure 4.4: Forecast for the Global PEEK Market (Kt) by Region (2019-2024)
- Figure 4.5: Trends and Forecast for the North American PEEK Market ($M) (2013-2024)
- Figure 4.6: Trends and Forecast for the North American PEEK Market (Kt) (2013-2024)
- Figure 4.7: Trends and Forecast for the European PEEK Market ($M) (2013-2024)
- Figure 4.8: Trends and Forecast for the Global PEEK Market (Kt) by Region (2013-2024)
- Figure 4.9: Trends and Forecast for the APAC PEEK Market ($M) by Region (2013-2024)
- Figure 4.10: Trends and Forecast for the APAC PEEK Market (Kt) (2013-2024)
- Figure 4.11: Trends and Forecast for the ROW PEEK Market ($M) (2013-2024)
- Figure 4.12: Trends and Forecast for the Global PEEK Market (Kt) (2013-2024)
- Chapter 5. Competitor Analysis
- Figure 5.1: Market Share (%) of Top Players in the Global PEEK Market (2018)
- Figure 5.2: Plant Locations of Major PEEK Manufacturers
- Figure 5.3: Porter’s Five Forces Analysis for the Global PEEK Market
- Chapter 6. Growth Opportunities and Strategic Analysis
- Figure 6.1: Growth Opportunities for the Global PEEK Market ($M) by End Use
- Figure 6.2: Growth Opportunities for the Global PEEK Market ($M) by Use
- Figure 6.3: Growth Opportunities for the Global PEEK Market ($M) by Region
- Figure 6.4: Emerging Trends in Global PEEK Market
- Chapter 7. Value Chain Analysis
- Figure 7.1: Value Chain Analysis of Global PEEK Market
- Chapter 8. Company Profiles of Leading Players
- Figure 8.1: Major Plant Location of Victrex
- Figure 8.2: Major Plant Location of Solvay
- Figure 8.3: Major Plant Location of Evonik
- Figure 8.4: Major Plant Location of Panjin Zhongrun
- Figure 8.5: Major Plant Location of Zypeek Jilin
- List of Tables
- Chapter 1. Executive Summary
- Table 1.1: Global Polyether ether ketone Market Parameters and Attributes
- Chapter 2. Market Background and Classification
- Table 2.1: Relevant Properties of PEEK in Different End Use Industries
- Chapter 3. Market Trends and Forecast Analysis from 2013 to 2024
- Table 3.1: Market Trends of Global PEEK Market (2013-2018)
- Table 3.2: Market Forecast for Global PEEK Market (2019-2024)
- Table 3.3: Market Size and CAGR of Various End Uses in the Global PEEK Market by Value (2013-2018)
- Table 3.4: Market Size and CAGR of Various End Uses in the Global PEEK Market by Value (2019-2024)
- Table 3.5: Market Size and CAGR of Various End Uses in the Global PEEK Market by Volume (2013-2018)
- Table 3.6: Market Size and CAGR of Various End Uses in the Global PEEK Market by Volume (2019-2024)
- Table 3.7: Trends of Electronics in the Global PEEK Market (2013-2018)
- Table 3.8: Forecast for Electronics in the Global PEEK Market (2019-2024)
- Table 3.9: Trends of Semiconductor in the Electronics PEEK Market (2013-2018)
- Table 3.10: Forecast for Semiconductor in the Electronics PEEK Market (2019-2024)
- Table 3.11: Trends of Mobile Film in the Electronics PEEK Market (2013-2018)
- Table 3.12: Forecast for Mobile Film in the Electronics PEEK Market (2019-2024)
- Table 3.13: Trends of Other Applications in the Electronics PEEK Market (2013-2018)
- Table 3.14: Forecast for Other Applications in the Electronics PEEK Market (2019-2024)
- Table 3.15: Trends of Oil and Gas in the Global PEEK Market (2013-2018)
- Table 3.16: Forecast for Oil and Gas in the Global PEEK Market (2019-2024)
- Table 3.17: Trends of Pipe in the Oil & Gas PEEK Market (2013-2018)
- Table 3.18: Forecast for Pipe in the Oil & Gas PEEK Market (2019-2024)
- Table 3.19: Trends of Other Applications in the Oil & Gas PEEK Market (2013-2018)
- Table 3.20: Forecast for Other Applications in the Oil & Gas PEEK Market (2019-2024)
- Table 3.21: Trends of Aerospace in the Global PEEK Market (2013-2018)
- Table 3.22: Forecast for Aerospace in the Global PEEK Market (2019-2024)
- Table 3.23: Trends of Brackets in the Aerospace PEEK Market (2013-2018)
- Table 3.24: Forecast for Brackets in the Aerospace PEEK Market (2019-2024)
- Table 3.25: Trends of Fasteners in the Aerospace PEEK Market (2013-2018)
- Table 3.26: Forecast for Fasteners in the Aerospace PEEK Market (2019-2024)
- Table 3.27: Trends of Other Applications in the Aerospace PEEK Market (2013-2018)
- Table 3.28: Forecast for Other Applications in the Aerospace PEEK Market (2019-2024)
- Table 3.29: Trends of Medical in the Global PEEK Market (2013-2018)
- Table 3.30: Forecast for Medical in the Global PEEK Market (2019-2024)
- Table 3.31: Trends of Spine in the Medical PEEK Market (2013-2018)
- Table 3.32: Forecast for Spine in the Medical PEEK Market (2019-2024)
- Table 3.33: Trends of Arthroscopy in the Medical PEEK Market (2013-2018)
- Table 3.34: Forecast for Arthroscopy in the Medical PEEK Market (2019-2024)
- Table 3.33: Trends of Other Applications in the Medical PEEK Market (2013-2018)
- Table 3.34: Forecast for Other Applications in the Medical PEEK Market (2019-2024)
- Table 3.37: Forecast for Automotive in the Global PEEK Market (2013-2018)
- Table 3.38: Forecast for Automotive in the Global PEEK Market (2019-2024)
- Table 3.39: Trends of Transmission System in the Automotive PEEK Market (2013-2018)
- Table 3.40: Forecast for Transmission System in the Automotive PEEK Market (2019-2024)
- Table 3.41: Trends of Braking System in the Automotive PEEK Market (2013-2018)
- Table 3.42: Forecast for Braking System in the Automotive PEEK Market (2019-2024)
- Table 3.43: Trends of Gears in the Automotive PEEK Market (2013-2018)
- Table 3.44: Forecast for Gears in the Automotive PEEK Market (2019-2024)
- Table 3.45: Trends of Other Applications in the Automotive PEEK Market (2013-2018)
- Table 3.46: Forecast for Other Applications in the Automotive PEEK Market (2019-2024)
- Table 3.47: Trends of Other End Uses in the Global PEEK Market (2013-2018)
- Table 3.48: Forecast for Other End Uses in the Global PEEK Market (2019-2024)
- Table 3.49: Trends of the Global PEEK Market by Use (2013-2018)
- Table 3.50: Forecast for the Global PEEK Market by Use (2019-2024)
- Table 3.51: Trends of the Global PEEK Market by Use (Kt) (2013-2018)
- Table 3.52: Forecast for the Global PEEK Market by Use (Kt) (2019-2024)
- Table 3.53: Trends of the Unfilled PEEK in the Global PEEK Market (2013-2018)
- Table 3.54: Forecast for Unfilled PEEK in the Global PEEK Market (2019-2024)
- Table 3.55: Trends of the Global PEEK Market Used in Carbon Composite (2013-2018)
- Table 3.56: Forecast for Global PEEK Market Used in Carbon Composite (2019-2024)
- Table 3.57: Trends of the Global PEEK Market Used in Glass Composite (2013-2018)
- Table 3.58: Forecast for the Global PEEK Market Used in Glass Composite (2019-2024)
- Chapter 4. Market Trends and Forecast Analysis by Region
- Table 4.1 Trends of the Global PEEK Market ($M) by Region (2013-2018)
- Table 4.2: Forecast for the Global PEEK Market ($M) by Region (2019-2024)
- Table 4.3: Trends of Global PEEK Market (Kt) by Region (2013-2018)
- Table 4.4: Forecast for the Global PEEK Market (Kt) by Region (2019-2024)
- Table 4.5: Trends of North American Global PEEK Market (2013-2018)
- Table 4.6: Forecast for the North American Global PEEK Market (2019-2024)
- Table 4.7: Trends of the European Global PEEK Market (2013-2018)
- Table 4.8: Forecast for the European Global PEEK Market (2019-2024)
- Table 4.9: Trends of the APAC PEEK Market (2013-2018)
- Table 4.10: Forecast for the APAC PEEK Market (2019-2024)
- Table 4.11: Trends of the ROW in PEEK Market (2013-2018)
- Table 4.12: Forecast for the ROW PEEK Market (2019-2024)
- Chapter 5. Competitor Analysis
- Table 5.1: Product Mapping of PEEK Suppliers Based on Application Type
- Table 5.2: Presence of PEEK Suppliers across the Value Chain
- Chapter 6. Growth Opportunities and Strategic Analysis
- Table 6.1: New Product Launches by Major PEEK Producers (2013-2018) (Source: Lucintel)
- Table 6.2: Certification and Licenses Acquired by Major Competitors in the Global PEEK Market
- Table 6.3: Technological Advancements in the Global PEEK Industry
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