Polyether Ether Ketone Market Emerging Trend, Top Companies, Industry Demand, Business Review and Regional Analysis by 2027
Polyether Ether Ketone Market was valued at USD 722.4 billion in 2020 and is expected to grow at a CAGR of 7% between 2021 and 2027.
Growing environmental concerns including huge carbon emissions have prompted the need for minimal fuel consumption. This burning issue has forced automobile manufacturers to focus on increasing fuel efficiency by reducing overall automobile weights. One way to reduce automobile weight is to replace metals being used in vehicles, by efficient and environment-friendly alternative. Therefore, PEEK has emerged as a potential alternative to metals in the automobile industry.
Excellent characteristics are widening the application scope of PEEK and increasing product lines in transportation, semiconductors, industrial, food, and clinical areas. Over the forecast period, PEEK is anticipated to enter into the diverse market and explore opportunities in untapped markets on account of its environment-friendly characteristics including lower harmful emissions.
Top Major Key Players industries:
Victrex Plc;
Panjin Zhongrun High-Performance Polymers Co. Ltd;
Jrlon Inc.;
Quadrant EPP Surlon India Ltd.
By Type:
- Glass Filled
- Carbon Filled
- Unfilled
- Others
By End-Use:
- Electrical & Electronics
- Aerospace
- Automotive
- Oil & Gas
- Medical
- Others
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Warehousing Logistics Robots Market Report
- What was the Warehousing Logistics Robots Market size in 2018 and 2021; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Warehousing Logistics Robots Market during the forecast period (2021-2027)?
- Which segments (product type or applications or end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
- Which manufacturer vendor or players in the Warehousing Logistics Robots Market was the market leader in 2018?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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