• Blog
  • PAEK Market Report

    PAEK Market Report

    PAEK Market Report
    Report code - SRAM536 Delivery - 2 Weeks
    Get Free Sample |
    Play Audio
    Listen
    PAEK Market Size, Share, Trend, Forecast, & Industry Analysis – 2021-2026
    See more...

    Impact of COVID-19 on PAEK Market

    Covid-19 has impacted the market dynamics, competition, and global...

    See more...

    Impact of COVID-19 on PAEK Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    PAEK Market Insights

    PAEK market is likely to witness an impressive CAGR of 5.8% during the forecast period. The growth drivers bolstering the demand for PAEK is mainly the increasing usage of PAEK in oil and gas, electrical and electronics, aerospace, medical and automotive applications, which in turn, is propelling the growth of the market.

    PAEK Market - Snapshots

    Growth

    5.8% for the next five years

    Major Type

    PEEK

    Dominant Application Type

    Oil & Gas

    Region with the highest demand

    Asia-Pacific

    Key Players

    Victrex PLC, Solvay, Evonik Industries AG, Arkema SA, Celanese Corporation, Gharda Chemicals Limited, SABIC, Mitsubishi Chemical Advanced Materials, Akro-Plastic GmbH, RTP Company,  and Panjin Zhongrun High-Performance Polymers Co. Ltd.

     

    Market Share Analysis

    PAEK-Market-Dominant-Segments

    Wish to Get a Free Sample? Register Here

    PAEK Market Share: By Type

    Based on the type, the market is segmented as PEK, PEEK, and PEKK. The PEEK segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. The wide use of PEEK in oil and gas, electrical and electronics, medical, automotive and aerospace applications is propelling the growth of the segment during the forecast period.

    PAEK Market Share: By Application Type

    Based on the application type, the PAEK market is segmented as oil & gas, electricals & electronics, automotive, medical, aerospace, and others. The oil & gas industry segment dominates the market, as PAEK has exceptional properties such as superior creep resistance, wear, and chemical resistance under high pressure and high-temperature conditions. Owing to this property, it increases the consistency of the oilfield equipment and thus, extends the life of the equipment in the challenging oilfield environment.

    PAEK Market Share: By Region

    In terms of regions, Europe is estimated to be the largest market during the forecast period. The growth of the market is driven by the increasing usage of PAEK in the automotive industry to manufacture various interior, exterior, and under-the-hood components for automobiles. North America is also expected to offer substantial growth opportunities during the forecast period. And the high demand for advanced medical devices is also expected to lead to an increase in the market for PEEK in this region.

    PAEK-Market-By-Region

    Know which region offers best growth opportunities. Register Here

    Some of the major PAEK manufacturers are-

    • Victrex PLC
    • Solvay
    • Evonik Industries AG
    • Arkema SA
    • Celanese Corporation
    • Gharda Chemicals Limited
    • SABIC
    • Mitsubishi Chemical Advanced Materials
    • Akro-Plastic GmbH
    • RTP Company
    • Panjin Zhongrun High-Performance Polymers Co. Ltd.

     

    Market Scope & Segmentation

    PAEK stands for polyaryletherketone. It is a family of high-performance polyketones fabricated to fill cost and performance gaps between PEEK and other high-performance polymers.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    PAEK Market Research Report - Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The PAEK market is segmented into the following categories. 

    PAEK Market Size, Share, & Forecast, by Type:

    • PEEK (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • PEK (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • PEKK (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    PAEK Market Size, Share, & Forecast, by Filler Type:

    • Glass filled (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Carbon filled (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Unfilled (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    PAEK Market Size, Share, & Forecast, by Application Type:

    • Oil and Gas (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Electricals and Electronics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Medical (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Aerospace (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    PAEK Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    PAEK-Market-Segmentation

    Want to know the most attractive market segments? Register Here

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the filler types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]

    Frequently Asked Questions (FAQs)

    The PAEK market is expected to witness an impressive growth of 5.8% CAGR in the foreseeable future.

    Victrex PLC, Solvay, Evonik Industries AG, Arkema SA, Celanese Corporation, Gharda Chemicals Limited, SABIC, Mitsubishi Chemical Advanced Materials, Akro-Plastic GmbH, RTP Company, and Panjin Zhongrun High-Performance Polymers Co. Ltd are among the key players in the PAEK market.

    Europe is expected to be the largest PAEK market during the next five years.

    The major factor driving the growth of PAEK market is increasing usage of PAEK in oil and gas, electrical and electronics, aerospace, medical and automotive applications.

    •   

      Why are We Class Apart?

      Advanced Materials Offer Next Growth Wave

      We Specialize in Composites & other Materials Market Research

      >60% of the First Buyers Come Back to Us

      >95% Client Satisfaction Ratio, the Industry's Highest

      Clients Across the Value Chain

      Track the Latest Trends in Advanced Materials

      Know High Growth Opportunities