Global Polyketone Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Polyketone Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Polyketones are a range of high-performance thermoplastic polymers.

Market Overview:

The latest research study on the global Polyketone market finds that the global Polyketone market reached a value of USD 262.84 million in 2022. It’s expected that the market will achieve USD 392.8 million by 2028, exhibiting a CAGR of 6.93% during the forecast period.

Limitations

In the process of raw material synthesis and processing, carbon monoxide as a toxic gas has strict emission standards in the production process, high standard environmental protection policies, fluctuations in raw material prices may limit its processing, and on the other hand, research and development of Polyketone High cost, technical difficulty, few companies have patents for production, which may limit the innovation of Polyketone products.

Region Overview:

From 2023-2028, China is estimated to witness robust growth prospects.

Company Overview:

Hyosung is one of the major players operating in the Polyketone market, holding a share of 100% in 2019.

Hyosung Corporation operates in power and industrial system, industrial material, textile, chemical, construction, trading, and information and communication sectors worldwide. It offers transformers, shunt reactors, switchgears, and STATCOM and high voltage direct current transmission products; turnkey solutions; condition monitoring systems; asset health management solutions; power system maintenance and automation, and process automation solutions; commercial motors and generators; energy storage systems, solar inverters and EPC products, and wind turbines; chemical equipment, filling stations, industrial gas supplying systems, gear boxes, special gear units, pumps, desalination systems, and welding machines. The company also engages in civil engineering, construction, and residential development activities; providing hot and cold rolled coils, wire rods, galvanized steel coils, steel plates, electrical steel and PPGI products, tin plates, steel raw and subsidiary material, steel processing machinery/equipment, etc.; chemical trading; providing LED lighting and application products for household, industrial, and commercial purposes; and warehousing and storage, and logistics. In addition, it manufactures spandex, polyester and nylon yarns, and dyed products; fabrics for general apparel, workwear, and industrial purposes, as well as yarns, textiles, and cord materials for use in automobiles, civil engineering and construction, agriculture, military, etc.; and purified terephthalic acid, nylon and polyester films and fluorine gas, polypropylene under the TOPILENE brand, Polyketone under the POKEK TONE brand, Nitrogen trifluoride, F2/N2 mixture, Optical Films. Further, it provides hardware and software ICT services; and business solutiond from IT services to contact center, as well as operates a financial platform and a floating cultural space.

Segmentation Overview:

Among different product types, Injection-molding Grade segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Automotives segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Polyketone market covered in Chapter 3:

Hyosung

In Chapter 4 and Chapter 14.2, on the basis of types, the Polyketone market from 2018 to 2029 is primarily split into:

Injection-molding Grade
Extrusion Grade

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Polyketone market from 2018 to 2029 covers:

Automotives
Electronic
Industrial
Textiles
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)