Trends and Forecast for the Global Polyetheretherketone MarketTrends, opportunities and forecast in polyetheretherketone (PEEK) market to 2025 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)Lucintel's latest market report analyzed that polyetheretherketone (PEEK) provides attractive opportunities in the aerospace, automotive, electronics, oil & gas, and medical end use. The polyetheretherketone (PEEK) market is expected to reach $1.1 billion by 2027 with a CAGR of 6.4%. In this market, carbon filled PEEK is the largest segment by material, whereas electronics is largest by end use. Development of new applications, such as car gears, dental disc, and knee implants provides strategic growth path in this market.
Download Brochure of this report by clicking on https://www.lucintel.com/polyetheretherketone-market.aspx Based on material, the polyetheretherketone (PEEK) market is segmented into unfilled, carbon composites and glass composites. The carbon filled PEEK segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to its wide use in mobile and semiconductor materials.
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The Polyetheretherketone (PEEK) Market is marked by the presence of several big and small players. Some of the prominent players offering polyetheretherketone (PEEK) include Victrex, Solvay S.A, Evonik, Panjin Zhongrun, and Zypeek Jilin.
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