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Global Polyether Ether Ketone Market Size, Share & Trends Analysis Report by Product (Unfilled, Carbon Filled, Glass Filled), Application (Medical, Automotive, Aerospace, Electric & Electronic), Region, and Segment Forecasts, 2024-2030

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    Report

  • 120 Pages
  • June 2024
  • Region: Global
  • Grand View Research
  • ID: 5982962
Description Jump to:
The global polyether ether ketone market size is expected to reach USD 1.33 billion by 2030, registering a CAGR of 8.0% from 2024 to 2030. Increasing demand for high-performance plastics as a substitute to metals in automobiles on account of growing need for high efficiency and low weight materials is expected to drive the polyether ether ketone (PEEK) market.

Stringent environmental regulatory framework in developed markets of U.S. and Europe has forced the automobile industry participants to use alternatives which help decrease fuel consumption by enhancing overall fuel efficiency. Such regional trends are anticipated to positively impact global volumes over the forecast period.

Excellent performance features of PEEK including superior strength and heat resistance are expected to propel product preference in end-use industries such as food, medical, aerospace, semiconductors, and packaging.

Carbon filled was the major product segment and accounted for approximately 45.43% of total market share in terms of revenue in 2018. The product finds application in industrial, electric, and electronics applications. Carbon filled polyether ether ketone is anticipated to witness the highest CAGR from 2019 to 2026.

Polyether Ether Ketone Market Report Highlights

  • Automotive emerged as the leading consumer of PEEK in 2023. Increasing need for a highly efficient material to reduce fuel consumption and to lower emission levels is expected to drive this segment
  • Europe was the leading regional market in 2023, owing to stringent environmental regulatory framework to curb overall weight of automobiles
  • Asia Pacific is expected to witness the highest CAGR on account of industrialization in China and India coupled with growing environmental concerns including noxious VOC emission levels

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players worldwide.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listing for you to stay ahead of the curve
  • COVID-19's impact and how to sustain in these fast-evolving markets


This product will be delivered within 1-3 business days.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Insights
2.2. Segmental Outlook
2.3. Competitive Outlook
Chapter 3. Polyether Ether Ketone (PEEK) Market Variables, Trends & Scope
3.1. Global Polyether Ether Ketone (PEEK) Market Outlook
3.2. Industry Value Chain Analysis
3.2.1. Raw Grade Outlook
3.3. Technology Overview
3.4. Regulatory Framework
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Industry Challenges
3.6. Porter’s Five Forces Analysis
3.6.1. Supplier Power
3.6.2. Buyer Power
3.6.3. Substitution Threat
3.6.4. Threat from New Entrant
3.6.5. Competitive Rivalry
3.7. PESTEL Analysis
3.7.1. Political Landscape
3.7.2. Economic Landscape
3.7.3. Social Landscape
3.7.4. Technological Landscape
3.7.5. Environmental Landscape
3.7.6. Legal Landscape
Chapter 4. Polyether Ether Ketone (PEEK) Market: Product Outlook Estimates & Forecasts
4.1. Polyether Ether Ketone (PEEK) Market: Product Movement Analysis, 2023 & 2030
4.2. Unfilled
4.2.1. Market estimates and forecast, 2018-2030 (Tons) (USD Million)
4.3. Carbon filled
4.3.1. Market estimates and forecast, 2018-2030 (Tons) (USD Million)
4.4. Glass filled
4.4.1. Market estimates and forecast, 2018-2030 (Tons) (USD Million)
Chapter 5. Polyether Ether Ketone (PEEK) Market: Application Outlook Estimates & Forecasts
5.1. Polyether Ether Ketone (PEEK) Market: Processing Method Analysis, 2023 & 2030
5.2. Medical
5.2.1. Market estimates and forecast, 2018-2030 (Tons) (USD Million)
5.3. Automotive
5.3.1. Market estimates and forecast, 2018-2030 (Tons) (USD Million)
5.4. Aerospace
5.4.1. Market estimates and forecast, 2018-2030 (Tons) (USD Million)
5.5. Industrial and General Engineering
5.5.1. Market estimates and forecast, 2018-2030 (Tons) (USD Million)
5.6. Electric & Electronic
5.6.1. Market estimates and forecast, 2018-2030 (Tons) (USD Million)
Chapter 6. Polyether Ether Ketone (PEEK) Market Regional Outlook Estimates & Forecasts
6.1. Regional Snapshot
6.2. Polyether Ether Ketone (PEEK) Market: Regional Movement Analysis, 2023 & 2030
6.3. North America
6.3.1. Market estimates and forecast, by Product, 2018-2030 (Tons) (USD Million)
6.3.2. Market estimates and forecast, by Application, 2018-2030 (Tons) (USD Million)
6.3.3. U.S.
6.3.3.1. Market estimates and forecast, by Product, 2018-2030 (Tons) (USD Million)
6.3.3.2. Market estimates and forecast, by Application, 2018-2030 (Tons) (USD Million)
6.3.4. Canada
6.3.4.1. Market estimates and forecast, by Product, 2018-2030 (Tons) (USD Million)
6.3.4.2. Market estimates and forecast, by Application, 2018-2030 (Tons) (USD Million)
6.3.5. Mexico
6.3.5.1. Market estimates and forecast, by Product, 2018-2030 (Tons) (USD Million)
6.3.5.2. Market estimates and forecast, by Application, 2018-2030 (Tons) (USD Million)
6.4. Europe
6.4.1. Market estimates and forecast, by Product, 2018-2030 (Tons) (USD Million)
6.4.2. Market estimates and forecast, by Application, 2018-2030 (Tons) (USD Million)
6.4.3. Germany
6.4.3.1. Market estimates and forecast, by Product, 2018-2030 (Tons) (USD Million)
6.4.3.2. Market estimates and forecast, by Application, 2018-2030 (Tons) (USD Million)
6.4.4. UK
6.4.4.1. Market estimates and forecast, by Product, 2018-2030 (Tons) (USD Million)
6.4.4.2. Market estimates and forecast, by Application, 2018-2030 (Tons) (USD Million)
6.4.5. France
6.4.5.1. Market estimates and forecast, by Product, 2018-2030 (Tons) (USD Million)
6.4.5.2. Market estimates and forecast, by Application, 2018-2030 (Tons) (USD Million)
6.4.6. Italy
6.4.6.1. Market estimates and forecast, by Product, 2018-2030 (Tons) (USD Million)
6.4.6.2. Market estimates and forecast, by Application, 2018-2030 (Tons) (USD Million)
6.5. Asia Pacific
6.5.1. Market estimates and forecast, by Product, 2018-2030 (Tons) (USD Million)
6.5.2. Market estimates and forecast, by Application, 2018-2030 (Tons) (USD Million)
6.5.3. Japan
6.5.3.1. Market estimates and forecast, by Product, 2018-2030 (Tons) (USD Million)
6.5.3.2. Market estimates and forecast, by Application, 2018-2030 (Tons) (USD Million)
6.5.4. China
6.5.4.1. Market estimates and forecast, by Product, 2018-2030 (Tons) (USD Million)
6.5.4.2. Market estimates and forecast, by Application, 2018-2030 (Tons) (USD Million)
6.5.5. India
6.5.5.1. Market estimates and forecast, by Product, 2018-2030 (Tons) (USD Million)
6.5.5.2. Market estimates and forecast, by Application, 2018-2030 (Tons) (USD Million)
6.5.6. South Korea
6.5.6.1. Market estimates and forecast, by Product, 2018-2030 (Tons) (USD Million)
6.5.6.2. Market estimates and forecast, by Application, 2018-2030 (Tons) (USD Million)
6.5.7. Taiwan
6.5.7.1. Market estimates and forecast, by Product, 2018-2030 (Tons) (USD Million)
6.5.7.2. Market estimates and forecast, by Application, 2018-2030 (Tons) (USD Million)
6.6. Central & South America
6.6.1. Market estimates and forecast, by Product, 2018-2030 (Tons) (USD Million)
6.6.2. Market estimates and forecast, by Application, 2018-2030 (Tons) (USD Million)
6.6.3. Brazil
6.6.3.1. Market estimates and forecast, by Product, 2018-2030 (Tons) (USD Million)
6.6.3.2. Market estimates and forecast, by Application, 2018-2030 (Tons) (USD Million)
6.7. Middle East & Africa
6.7.1. Market estimates and forecast, by Product, 2018-2030 (Tons) (USD Million)
6.7.2. Market estimates and forecast, by Application, 2018-2030 (Tons) (USD Million)
6.7.3. Saudi Arabia
6.7.3.1. Market estimates and forecast, by Product, 2018-2030 (Tons) (USD Million)
6.7.3.2. Market estimates and forecast, by Application, 2018-2030 (Tons) (USD Million)
Chapter 7. Competitive Landscape
7.1. Recent Developments & Impact Analysis, By Key Market Participants
7.2. Company Categorization
7.3. Company Ranking
7.4. Heat Map Analysis
7.5. Market Strategies
7.6. Vendor Landscape
7.6.1. List of raw material supplier, key manufacturers, and distributors
7.6.2. List of prospective applications
7.7. Strategy Mapping
7.8. Company Profiles/Listing
7.8.1. Victrex plc
7.8.1.1. Company Overview
7.8.1.2. Financial Performance
7.8.1.3. Product Benchmarking
7.8.2. Caledonian Industries Ltd.
7.8.2.1. Company Overview
7.8.2.2. Financial Performance
7.8.2.3. Product Benchmarking
7.8.3. Celanese Corporation
7.8.3.1. Company Overview
7.8.3.2. Financial Performance
7.8.3.3. Product Benchmarking
7.8.4. Saudi Basic Industries Corporation (SABIC)
7.8.4.1. Company Overview
7.8.4.2. Financial Performance
7.8.4.3. Product Benchmarking
7.8.5. Parkway Products, LLC
7.8.5.1. Company Overview
7.8.5.2. Financial Performance
7.8.5.3. Product Benchmarking
7.8.6. A. Schulman, Inc. (LyondellBasell Industries Holdings B.V.)
7.8.6.1. Company Overview
7.8.6.2. Financial Performance
7.8.6.3. Product Benchmarking
7.8.7. J.K. Overseas
7.8.7.1. Company Overview
7.8.7.2. Financial Performance
7.8.7.3. Product Benchmarking
7.8.8. Cytec Solvay Group
7.8.8.1. Company Overview
7.8.8.2. Financial Performance
7.8.8.3. Product Benchmarking
7.8.9. Evonik Industries AG
7.8.9.1. Company Overview
7.8.9.2. Financial Performance
7.8.9.3. Product Benchmarking
7.8.10. Ensinger GmbH
7.8.10.1. Company Overview
7.8.10.2. Financial Performance
7.8.10.3. Product Benchmarking
List of Tables
Table 1 Polyether Ether Ketone (PEEK) Market estimates and forecasts, 2018-2030 (Tons) (USD Million)
Table 2 Polyether Ether Ketone (PEEK) Market estimates and forecasts by Product, 2018-2030 (Tons) (USD Million)
Table 3 Polyether Ether Ketone (PEEK) Market estimates and forecasts by Unfilled, 2018-2030 (Tons) (USD Million)
Table 4 Polyether Ether Ketone (PEEK) Market estimates and forecasts by Carbon filled, 2018-2030 (Tons) (USD Million)
Table 5 Polyether Ether Ketone (PEEK) Market estimates and forecasts by Glass filled, 2018-2030 (Tons) (USD Million)
Table 6 Polyether Ether Ketone (PEEK) Market estimates and forecasts in Application, 2018-2030 (Tons) (USD Million)
Table 7 Polyether Ether Ketone (PEEK) Market estimates and forecasts in Medical, 2018-2030 (Tons) (USD Million)
Table 8 Polyether Ether Ketone (PEEK) Market estimates and forecasts in Automotive, 2018-2030 (Tons) (USD Million)
Table 9 Polyether Ether Ketone (PEEK) Market estimates and forecasts in Aerospace, 2018-2030 (Tons) (USD Million)
Table 10 Polyether Ether Ketone (PEEK) Market estimates and forecasts in Industrial and General Engineering, 2018-2030 (Tons) (USD Million)
Table 11 Polyether Ether Ketone (PEEK) Market estimates and forecasts in Electric & Electronic, 2018-2030 (Tons) (USD Million)
Table 12 Polyether Ether Ketone (PEEK) Market estimates and forecasts in others applications, 2018-2030 (Tons) (USD Million)
Table 13 North America Polyether Ether Ketone (PEEK) Market estimates and forecasts, 2018-2030 (Tons) (USD Million)
Table 14 North America Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Product, 2018-2030 (Tons) (USD Million)
Table 15 North America Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Application, 2018-2030 (Tons) (USD Million)
Table 16 U.S Polyether Ether Ketone (PEEK) Market estimates and forecasts, 2018-2030 (Tons) (USD Million)
Table 17 U.S Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Product, 2018-2030 (Tons) (USD Million)
Table 18 U.S Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Application, 2018-2030 (Tons) (USD Million)
Table 19 Canada Polyether Ether Ketone (PEEK) Market estimates and forecasts, 2018-2030 (Tons) (USD Million)
Table 20 Canada Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Product, 2018-2030 (Tons) (USD Million)
Table 21 Canada Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Application, 2018-2030 (Tons) (USD Million)
Table 22 Mexico Polyether Ether Ketone (PEEK) Market estimates and forecasts, 2018-2030 (Tons) (USD Million)
Table 23 Mexico Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Product, 2018-2030 (Tons) (USD Million)
Table 24 Mexico Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Application, 2018-2030 (Tons) (USD Million)
Table 25 Europe Polyether Ether Ketone (PEEK) Market estimates and forecasts, 2018-2030 (Tons) (USD Million)
Table 26 Europe Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Product, 2018-2030 (Tons) (USD Million)
Table 27 Europe Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Application, 2018-2030 (Tons) (USD Million)
Table 28 U.K Polyether Ether Ketone (PEEK) Market estimates and forecasts, 2018-2030 (Tons) (USD Million)
Table 29 UK Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Product, 2018-2030 (Tons) (USD Million)
Table 30 UK Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Application, 2018-2030 (Tons) (USD Million)
Table 31 France Polyether Ether Ketone (PEEK) Market estimates and forecasts, 2018-2030 (Tons) (USD Million)
Table 32 France Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Product, 2018-2030 (Tons) (USD Million)
Table 33 France Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Application, 2018-2030 (Tons) (USD Million)
Table 34 Italy Polyether Ether Ketone (PEEK) Market estimates and forecasts, 2018-2030 (Tons) (USD Million)
Table 35 Italy Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Product, 2018-2030 (Tons) (USD Million)
Table 36 Italy Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Application, 2018-2030 (Tons) (USD Million)
Table 37 Asia Pacific Polyether Ether Ketone (PEEK) Market estimates and forecasts, 2018-2030 (Tons) (USD Million)
Table 38 Asia Pacific Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Product, 2018-2030 (Tons) (USD Million)
Table 39 Asia Pacific Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Application, 2018-2030 (Tons) (USD Million)
Table 40 Japan Polyether Ether Ketone (PEEK) Market estimates and forecasts, 2018-2030 (Tons) (USD Million)
Table 41 Japan Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Product, 2018-2030 (Tons) (USD Million)
Table 42 Japan Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Application, 2018-2030 (Tons) (USD Million)
Table 43 China Polyether Ether Ketone (PEEK) Market estimates and forecasts, 2018-2030 (Tons) (USD Million)
Table 44 China Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Product, 2018-2030 (Tons) (USD Million)
Table 45 China Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Application, 2018-2030 (Tons) (USD Million)
Table 46 India Polyether Ether Ketone (PEEK) Market estimates and forecasts, 2018-2030 (Tons) (USD Million)
Table 47 India Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Product, 2018-2030 (Tons) (USD Million)
Table 48 India Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Application, 2018-2030 (Tons) (USD Million)
Table 49 South Korea Polyether Ether Ketone (PEEK) Market estimates and forecasts, 2018-2030 (Tons) (USD Million)
Table 50 South Korea Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Product, 2018-2030 (Tons) (USD Million)
Table 51 South Korea Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Application, 2018-2030 (Tons) (USD Million)
Table 52 Taiwan Polyether Ether Ketone (PEEK) Market estimates and forecasts, 2018-2030 (Tons) (USD Million)
Table 53 Taiwan Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Product, 2018-2030 (Tons) (USD Million)
Table 54 Taiwan Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Application, 2018-2030 (Tons) (USD Million)
Table 55 Central & South America Polyether Ether Ketone (PEEK) Market estimates and forecasts, 2018-2030 (Tons) (USD Million)
Table 56 CSA Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Product, 2018-2030 (Tons) (USD Million)
Table 57 CSA Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Application, 2018-2030 (Tons) (USD Million)
Table 58 Brazil Polyether Ether Ketone (PEEK) Market estimates and forecasts, 2018-2030 (Tons) (USD Million)
Table 59 Brazil Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Product, 2018-2030 (Tons) (USD Million)
Table 60 Brazil Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Application, 2018-2030 (Tons) (USD Million)
Table 61 Middle East & Africa Polyether Ether Ketone (PEEK) Market estimates and forecasts, 2018-2030 (Tons) (USD Million)
Table 62 MEA Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Product, 2018-2030 (Tons) (USD Million)
Table 63 MEA Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Application, 2018-2030 (Tons) (USD Million)
Table 64 Saudi Arabia Polyether Ether Ketone (PEEK) Market estimates and forecasts, 2018-2030 (Tons) (USD Million)
Table 65 Saudi Arabia Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Product, 2018-2030 (Tons) (USD Million)
Table 66 Saudi Arabia Polyether Ether Ketone (PEEK) Market estimates and forecasts, by Application, 2018-2030 (Tons) (USD Million)
List of Figures
Figure 1 Information procurement
Figure 2 Primary research pattern
Figure 3 Primary Research Process
Figure 4 Market research approaches - Bottom-Up Approach
Figure 5 Market research approaches - Top-Down Approach
Figure 6 Market research approaches - Combined Approach
Figure 7 Global Polyether Ether Ketone (PEEK) Market Snapshot, 2022 (USD Million)
Figure 8 Polyether Ether Ketone (PEEK) Market Segmentation
Figure 9 Polyether Ether Ketone (PEEK) Market- Penetration & Growth Prospect Mapping, 2022
Figure 10 Polyether Ether Ketone (PEEK) Market-Value Chain Analysis
Figure 11 Porter’s Five Forces Analysis: Polyether Ether Ketone (PEEK) Market
Figure 12 PESTEL Analysis: Polyether Ether Ketone (PEEK) Market
Figure 13 Polyether Ether Ketone (PEEK) Market: Product movement analysis, 2022 & 2030
Figure 14 Polyether Ether Ketone (PEEK) Market: Application movement analysis, 2022 & 2030
Figure 15 Polyether Ether Ketone (PEEK) Market: Region movement analysis, 2022 & 2030

Companies Mentioned

  • Victrex plc
  • Caledonian Industries Ltd.
  • Celanese Corporation
  • Saudi Basic Industries Corporation (SABIC)
  • Parkway Products, LLC
  • A. Schulman, Inc. (LyondellBasell Industries Holdings B.V.)
  • J.K. Overseas
  • Cytec Solvay Group
  • Evonik Industries AG
  • Ensinger GmbH

Methodology

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Table Information

Report AttributeDetails
No. of Pages120
PublishedJune 2024
Forecast Period2023 - 2030
Estimated Market Value ( USD ) in 2023 $ 799 Million
Forecasted Market Value ( USD ) by 2030 $ 1330 Million
Compound Annual Growth Rate8.0%
Regions CoveredGlobal
No. of Companies Mentioned10

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About the Polyether Ether Ketone Market

Polyether Ether Ketone (PEEK) is a type of engineering plastic that is widely used in a variety of industries due to its excellent mechanical, thermal, and chemical properties. It is a semi-crystalline thermoplastic with a high melting point, making it suitable for high temperature applications. PEEK is also highly resistant to wear and abrasion, making it an ideal material for components that require long-term durability. Additionally, PEEK is non-toxic and biocompatible, making it suitable for medical applications. PEEK is used in a variety of industries, including automotive, aerospace, medical, and electronics. It is used to manufacture components such as bearings, seals, and valves, as well as medical implants and prosthetics. Companies in the PEEK market include Solvay, Victrex, Quadrant, Ensinger, and PolyOne. Show Less Read more

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