Global Polyaryletherketone (PAEK) Market 2024-2028
The polyaryletherketone (PAEK) market is forecasted to grow by USD 432.94 mn during 2023-2028, accelerating at a CAGR of 7.19% during the forecast period. The report on the polyaryletherketone (PAEK) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand in various end-user industries, ability of PAEK to produce less toxic and corrosive fumes when burnt, and increased demand from the construction industry in China.
Technavio's polyaryletherketone (PAEK) market is segmented as below:
By Application
- Oil and gas
- Automotive
- Aerospace
- Electrical and electronics
- Others
By Product
By Geographical Landscape
- Europe
- APAC
- North America
- South America
- Middle East and Africa
This study identifies the PAEK replacing metals in key applications as one of the prime reasons driving the polyaryletherketone (PAEK) market growth during the next few years. Also, increasing applications of PAEK in medical industry and recycling ability of PAEK will lead to sizable demand in the market.
The report on the polyaryletherketone (PAEK) market covers the following areas:
- Polyaryletherketone (PAEK) market sizing
- Polyaryletherketone (PAEK) market forecast
- Polyaryletherketone (PAEK) market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading polyaryletherketone (PAEK) market vendors that include AKRO PLASTIC GmbH, Arkema Group, BARplast LLC, Caledonian Industries Ltd., Ensinger GmbH, EOS GmbH, Evonik Industries AG, Gharda Chemicals Ltd., JIANGSU JUNHUA HPP CO. LTD., Jilin Joinature Polymer Co. Ltd., Lehmann and Voss and Co. KG, Nanoshel LLC, Otto Chemie Pvt. Ltd., Roncelli Plastics, RTP Co., Saudi Basic Industries Corp., Syensqo SA, The Jet Pulverizer Company Inc., Toray Industries Inc., and Victrex Plc. Also, the polyaryletherketone (PAEK) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.