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Polyaryletherketone (PAEK) - Market Research Report | Growth Forecast 2025

Latest updates on Polyaryletherketone (PAEK) market, a comprehensive study enumerating the latest price trends and pivotal drivers rendering a positive impact on the industry landscape. Further, the report is inclusive of the competitive terrain of this vertical in addition to the market share analysis and the contribution of the prominent contenders toward the overall industry.

Polyaryletherketone (PAEK) Market will be driven by rising demand from medical industry as it is widely used as a biomaterial in medical implants. Additionally, they are used in manufacturing of surgical instruments and medical equipment. Increasing ageing population, rising number of chronic diseases, technological advancements and government expenditures in the field of medical industry will positively influence the medical sector in near future. Such trends will propel the demand of polyaryletherketone in future.

Polyaryletherketone (PAEK) Market is likely to reach 1.5 billion by 2025, with a CAGR of 6.0%.

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Polyaryletherketone (PAEK) market is bifurcated on the basis of product type and end-use sectors. Based on product type, the market is classified into PEK, PEKK, PEEK and others. The others segment includes PEEKK and PEKEKK. PEEK segment capture over 50% market share due to extensive applications in automotive, medical, aerospace, oil & gas, etc.

Polyaryletherketone (PAEK) - Market Research Report | Growth Forecast 2025
Polyaryletherketone (PAEK) - Market Research Report | Growth Forecast 2025

Request Sample Copy of this Report @ https://www.cuereport.com/request-sample/12417

Polyaryletherketone (PAEK) is used in oil & gas industry for compressor rings and plates, compressor poppets, labyrinth seals, bearings, motor end plats, bushings, back-up seal rings, electrical connectors, etc. owing to their high strength and stiffness, excellent wear and chemical resistance, inherent flame resistance, high retention of mechanical properties in sour environment and good resistance to rapid gas decompression. Rapid technological progressions, huge investments and increasing oil & gas drilling activities all over the world will boost the oil & gas industry. This in turn will spur the market growth during the forecast time span.

Based on end-use, the market is divided into aerospace & automotive, electrical & electronics, oil & gas, medical, marine, and others. The other segment contains 3D printing, textile, protective coatings, etc. Electrical & electronics segment is expected to cross over USD 220 million and it will grow at a CAGR more than 5.4% by 2025. The product is used for insulators, coaxial connector jacks, printed circuit boards and many other applications.

Favorable trends associated with aerospace and automotive industry will facilitate the polyaryletherketone (PAEK) market growth. These materials offer significant weight reduction and improve fuel efficiency feature to aircrafts and automobiles. Hence, increasing demand for automobiles and aircrafts will bolster the market growth in future. However, the market growth may be affected by high costs of polyaryletherketone (PAEK) materials and availability of substitutes.

North America will capture over 25% volume share in 2025 and displays promising future trends due to increasing product demand from aerospace and medical industry. Rising air travel demand and technological innovations will boost the aerospace industry, thereby bolstering the market growth in future. Additionally, increasing the U.S. government expenditures in medical industry will facilitate the market growth.

The prominent players in Polyaryletherketone (PAEK) market are Victrex, plc, Mitsubishi Chemical Advanced Materials, Akro Plastic GmbH, Evonik Industries, SABIC, etc.

Polyaryletherketone (PAEK) market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in tons and revenue in USD million from 2014 to 2025, for the following segments:

Polyaryletherketone (PAEK) Market, Product By End-Use Sector
PEK

o Oil & gas

o Medical

o Aerospace & automotive

o Marine

o Electrical & electronics

o Others
PEEK

o Oil & gas

o Medical

o Aerospace & automotive

o Marine

o Electrical & electronics

o Others
PEKK

o Oil & gas

o Medical

o Aerospace & automotive

o Marine

o Electrical & electronics

o Others
PEKK

o Oil & gas

o Medical

o Aerospace & automotive

o Marine

o Electrical & electronics

o Others

Polyaryletherketone (PAEK) Market, By End-Use Sector
Oil & gas
Medical

o Dental

o Orthopedic

o Medical devices
Aerospace & automotive
Marine
Electrical & electronics
Others

Major Highlights from Table of contents are listed below for quick lookup into Polyaryletherketone (PAEK) Market report

Chapter 1. Competitive Landscape

  • Company market share
  • Polyaryletherketone (PAEK) Market Competitive analysis of key market players
  • Competitive analysis of other prominent vendors

Chapter 2. Company Profiles

  • Business Overview
  • Financial Data
  • Product portfolio
  • Strategic Outlook
  • SWOT Analysis

Chapter 3. Methodology & Scope

  • Methodology
  • Initial data exploration
  • Polyaryletherketone (PAEK) Market Statistical model and forecast
  • Industry insights and validation
  • Polyaryletherketone (PAEK) Market Scope
  • Definition
  • Methodology and forecast parameters
  • Data Sources

Chapter 4. Executive Summary

  • Polyaryletherketone (PAEK) industry 360º synopsis - 2025
  • Polyaryletherketone (PAEK) Business trends
  • Region trends

Chapter 5. Polyaryletherketone (PAEK) industry Insights

  • Polyaryletherketone (PAEK) Industry segmentation
  • Industry landscape 2025
  • Industry Pitfalls and Challenges
  • Threat of new entrants
  • Threat of substitutes
  • Polyaryletherketone (PAEK) Market Growth potential analysis

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