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Polyether Ether Ketone

Europe is expected to hold dominant position in the global polyether ether ketone (PEEK) market, with 38.8% market share, and exhibiting a CAGR of 8.1% over the forecast period (2018-2025)

Europe is expected to hold dominant position in the global polyether ether ketone (PEEK) market, with 38.8% market share, and exhibiting a CAGR of 8.1% over the forecast period (2018-2025)

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sector in these countries. According to Automotive Component Manufacturers<br />

Association of India (ACMA), the Indian automobile industry accounts for 7.1% of the<br />

country’s GDP in 2017. Two wheelers automobile segment accounts for 80% share<br />

in the Indian automobile market and this is attributed to increasing middle-class and<br />

young population. Owing to growth of the automotive industry, there is an increasing<br />

use of polyether ether ketone in automotive parts, such as engine, gaskets,<br />

transmission rings, friction rings, and thrust washers, which is in turn driving growth<br />

of the market.<br />

Among product type, glass-filled polyether ether ketone (PEEK) segment holds<br />

dominant position in the polyether ether ketone (PEEK) market, with a market share<br />

of 80.6% and was valued at US$ 364.4 million in 2016.<br />

Major Players in the <strong>Polyether</strong> <strong>Ether</strong> <strong>Ketone</strong> (PEEK) Market:<br />

Some of the major players operating in the global polyether ether ketone (PEEK)<br />

market are Zyex Ltd., Solvay S.A., Victrex plc, Panjin Zhongrun High Performance<br />

Polymers Co. Ltd., Caledonian Industries Ltd., Quadrant EPP Surlon India Ltd.,<br />

Evonik Industries AG, and Jrlon Inc.<br />

For More Information:<br />

https://tinyurl.com/ydelmo7e<br />

About Coherent Market Insights:<br />

Coherent Market Insights is a prominent market research and consulting firm offering<br />

action-ready syndicated research reports, custom market analysis, consulting<br />

services, and competitive analysis through various recommendations related to<br />

emerging market trends, technologies, and potential absolute dollar opportunity.<br />

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Coherent Market Insights<br />

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Seattle, WA 98154<br />

Tel: +1-206-701-6702<br />

Email​: sales@coherentmarketinsights.com

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