Polyaryletherketone (PAEK) Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 to 2027

Published on : Jan-2020 | List of Tables : 95 | List of Figures : 75 | No. of Pages : 170 | Report Code : FACT4462MR |

Polyaryletherketone (PAEK) Demand to Soar with New Potential Applications

The global market for polyaryletherketone (PAEK) is estimated to grow at an impressive CAGR of over 6% during the forecast period (2019-2027) to reach a valuation of over US$ 1.4 Bn. The utilization of polyaryletherketone (PAEK) is proliferating in several applications and oil drilling components such as compressor rings, seals, bearings, gears, wire coatings, and valve parts. Due to its high glass transition temperature property, increased use of polyetheretherketone (PEEK) in the aerospace industry is projected to heighten demand worldwide.

Manufacturing additives using polyaryletherketone (PAEK) is a relatively new industry that has been gathering momentum over the last few years. Due to its high glass transition temperature property, increased use of polyetheretherketone (PEEK) in the aerospace industry is projected to develop market demand worldwide. In addition, this market is witnessing a bullish run due to the use of polyaryletherketone (PAEK) in shoulder labrum repair, maxillofacial defects and spinal abnormalities in the medical sector. For various dental technology applications like dental implant systems including healing caps and temporary abutments, polyaryletherketone (PAEK) is being utilized as an alternative to metal.

paek market 01

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 PEEK Segment Witnessing Accentuated Growth on Back of High Thermal and Chemical Stability

Advances in the metallurgical sector have produced several polymers with relatively better or comparable properties. Over 80% of materials in the polyaryletherketone (PAEK) family polymers are polyetheretherketone (PEEK) with other members being PEKK and PEKEKK. Importantly, PEEK are ideally suitable for extreme and demanding environments. Due to the relatively superior chemical properties facilitating durability, Polyether ether ketone (PEEK) is witnessing an increase in adoption in various applications. Polyetheretherketone (PEEK) is widely being used for applications with high temperatures that requires an amalgamation of superior chemical, thermal and combustion properties.

A Robust Automotive Industry Boosting Market in Europe

Collectively, Europe and North America hold a controlling share in the global polyetheretherketone (PEEK) market. Europe is the global leader in polyaryletherketone (PAEK) with a market share of more than 35%. Besides being a private investor in research and development (R&D), the automotive industry acts as a force multiplier in the widespread use of polyaryletherketone (PAEK) Technological advances in the manufacturing of automobiles and aerospace is expected to increase demand for polyaryletherketone (PAEK). Steady growth in the industrial sector in Europe and increased awareness of the benefits associated with the use of polyaryletherketone (PAEK) is heralding an era of robust growth in some applications during the forecast period.

paek market 02

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Moderately Fragmented Market Structure and Extensive Capital Investments will Keep Manufacturers Piqued

The market for Polyaryletherketone (PAEK) is moderately fragmented, with top competitors including Victrex PLC, Solvay S.A. And Zyex Ltd as the top shareholders. Because of the strict registration processes and extensive capital investment requirements, moderate to high entry barriers are likely to trigger extensive competition between manufacturers of polyaryletherketone (PAEK). Some of the key developments in the market are:

  • In 2019 Solvay began operating its latest “Veradel PESU” line of polyaryletherketone (PAEK) at its Indian factory. The company is increasing capacity primarily for the healthcare and water treatment industries to meet significant end use demand
  • In 2018, Victrex and Exeter University successfully collaborated for making the polyaryletherketone (PAEK) additive manufacturing opportunities a reality. The aim is to introduce polyaryletherketone (PAEK) polymers and composites of the next generation, while improving the performance of the underlying processes.

Emerging players in the polyaryletherketone (PAEK) market are forming strategic agreements with regional distributors and providing technological expertise for the automotive and electronic sectors.

Global Polyaryletherketone (PAEK) Market – Scope of the Report

The following report provides forecast and analysis of the global polyaryletherketone (PAEK) market along with the historical data of 2013, estimated data of 2019 and forecast data up to 2027 in terms of revenue (US$ Mn) and volume (Tons), according to a Fact.MR study. The research propounds critical trends that are currently influencing growth within the global polyaryletherketone (PAEK) market along with several macro-economic indicators. This newly published and insightful report on polyaryletherketone (PAEK) sheds light on key dynamics, and their impact on the overall value chain from suppliers to end-users, which are expected to transform the future of the global polyaryletherketone (PAEK) market.

The report also comprises the study of current issues with end users and opportunities for polyaryletherketone (PAEK). It also contains value chain analysis, including the key market participants. To provide users of this report with a comprehensive view of the market, we have included a detailed competitive analysis about the key players involved in the market and strategic overviews. The dashboard included in the report provides a detailed comparison of polyaryletherketone (PAEK) manufacturers on parameters such as total revenue, product offerings, and key strategies. A list of key companies operating in the polyaryletherketone (PAEK) market provided in the report adds to the credibility of this exhaustive research study.

Global Polyaryletherketone (PAEK) Market: In-Depth Assessment on Key Segments

The global polyaryletherketone (PAEK) market is segmented on the basis of type, end-use industry and region.

Type

End Use Industry

Region

PEK (Polyetherketone)

Aerospace

North America

PEEK (polyetheretherketone)

Automotive

Latin America

PEKK (Poly-Ether-Ketone-Ketone)

Electronics

Europe

Others (PEEKK, PEKEKK)

Energy

APAC

 

Manufacturing

MEA

 

Medical Devices

 

Note: This taxonomy is confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than addressee(s) is unauthorized and prohibited.  

Country-specific assessment on demand for polyaryletherketone (PAEK) has been provided for each regional market, along with the market size valuation and forecast price point assessment, price index and impact analysis of key regional and country-wise dynamics, which were obtained through quotes from numerous polyaryletherketone (PAEK) manufacturers, experts, and suppliers. Y-o-Y growth projections have also been offered on all regional markets incorporated in the report. Moreover, future trends, growth prospects, and other possibilities related to the market have been answered in the report.

The report provides company-level market share analysis, which has been derived on the basis of the company’s annual sales and segmental revenue in all the target end-use industries. The market has been forecasted based on constant currency rates. The report provides detailed competitive and company profiles of key participants operating in the global market. Some of the prominent competitors operating in the polyaryletherketone (PAEK) market are Victrex Plc, Solvay S.A., Quadrant AG, Caledonian Industries Ltd. Evonik Industries AG, Arkema SA and others.

Global Polyaryletherketone (PAEK) Market: Research Methodology

A number of primary and secondary sources were consulted during the course of the study. Secondary sources include Factiva, Morningstar and Hoovers, and company annual reports and publications. Comprehensive interviews have been conducted by our analysts, and the intelligence and insights obtained have been used for validating the information gained through secondary research. The report also includes a description of assumptions and acronyms utilized for research purposes. Data gathered has been validated using the triangulation method to offer useful quantitative and qualitative insights into the polyaryletherketone (PAEK) market.

A short market viewpoint offered in the report elucidates the macro-economic aspects that influence the growth of the polyaryletherketone (PAEK) market, which includes global GDP growth rate, various industries growth rate, such as the automotive, manufacturing, and medical sector. This report serves as an authentic resource of intelligence on the polyaryletherketone (PAEK) market, enabling the readers to take fact-based decisions on the future direction of their businesses.

1. Global Polyaryletherketone (PAEK) Market - Executive Summary

    1.1. Summary of Key Findings

    1.2. Summary of Key Statistics

    1.3. Key Market Characteristics & Attributes

    1.4. Opportunity Assessment

    1.5. Fact.MR Analysis and Recommendations

2. Global Polyaryletherketone (PAEK) Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Key Market Trends

    3.1. Key Trends Impacting the Market 

        3.1.1. Burgeoning Utilization in the Aerospace Industry 

        3.1.2. Growing Number of OEM’s Facilitating Growth

        3.1.3. Automotive Industry Replacing metals with PAEK 

        3.1.4. Increasing Number of Private Investment 

    3.2. Mega Trends

        3.2.1. Development of Non-metal Dental disc and Sterilizing Hardware

        3.2.2. Increasing Product Demand in BioMedical Devices Industry

4. Market Background

    4.1. Global Polyaryletherketone (PAEK) Market - Production Scenario

        4.1.1. By Regions

        4.1.2. By Manufacturers

    4.2. Global Additive Manufacturing Market Outlook, 2018

        4.2.1. By Type

        4.2.2. By Region

    4.3. Global Additive Manufacturing Competition Outlook

        4.3.1. Hardware Manufacturers 

        4.3.2. Software Vendors

        4.3.3. Material Suppliers

        4.3.4. Post Processing System Manufacturers 

        4.3.5. Quality Assurance & Inspection

    4.4. Policy and Regulatory Landscape, by Region / Countries

    4.5. Manufacturing Cost Structure Analysis 

    4.6. Investment Feasibility Matrix 

    4.7. Market White Space Assessment and Opportunity Analysis

    4.8. Recent Industry Developments 

    4.9. Macro-Economic Factors – Relevance & Impact 

        4.9.1. Global GDP Growth Outlook 

        4.9.2. Automotive Sector Growth Outlook

        4.9.3. Global Industrialization Growth Outlook

        4.9.4. Top Players Historical Growth Rate

        4.9.5. Building & Construction Sector Growth Outlook

        4.9.6. Electrical & Electronics Sector Growth Outlook

        4.9.7. Medical Devices Sector Growth Outlook

        4.9.8. Transportation Sector Growth Outlook

    4.10. Value Chain Analysis

        4.10.1. List of Key Manufacturers 

        4.10.2. List of Key Channel Partners 

        4.10.3. Profitability Margins 

    4.11. Market Dynamics 

        4.11.1. Drivers 

        4.11.2. Industry Challenges

        4.11.3. Opportunities

5. Global Polyaryletherketone (PAEK) Market Size (US$ Mn) & Volume (Tons) and Forecast, 2013-2027

    5.1. Historical Market Value (US$ Mn) & Volume (Tons) Analysis, 2013-2018

    5.2. Current and Future Market Value (US$ Mn) & Volume (Tons) Forecast, 2019-2027

    5.3. Y-o-Y Growth Trend Analysis

6. Global Polyaryletherketone (PAEK) Pricing Point Analysis

    6.1. Global Polyaryletherketone (PAEK) Market Pricing Analysis, by Region

    6.2. Global Polyaryletherketone (PAEK) Market Pricing Analysis, by Type

    6.3. Pricing Evolution Till 2027

    6.4. Factors Influencing Pricing

7. Global Polyaryletherketone (PAEK) Market Value (US$ Mn) & Volume Analysis (Tons) and Forecast 2013-2027

    7.1. Global Polyaryletherketone (PAEK) Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 and Forecast 2019-2027, by Type

        7.1.1. Polyetherketone (PEK)

        7.1.2. Polyetheretherketone (PEEK)

        7.1.3. Polyetherketoneketone (PEKK)

        7.1.4. Others (PEEKK, PEKEKK)

    7.2. Global Polyaryletherketone (PAEK) Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 and Forecast 2019-2027, by End Use Industry

        7.2.1. Aerospace 

        7.2.2. Automotive 

        7.2.3. Electronics 

        7.2.4. Energy 

        7.2.5. Manufacturing 

        7.2.6. Medical Devices

    7.3. Global Polyaryletherketone (PAEK) Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 and Forecast 2019-2027, by Region

        7.3.1. North America

        7.3.2. Latin America

        7.3.3. Europe

        7.3.4. APAC

        7.3.5. MEA

8. North America Polyaryletherketone (PAEK) Market Value (US$ Mn) & Volume Analysis (Tons) and Forecast 2013-2027

    8.1. North America Polyaryletherketone (PAEK) Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 and Forecast 2019-2027, by Country

        8.1.1. US

        8.1.2. Canada

    8.2. North America Polyaryletherketone (PAEK) Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 and Forecast 2019-2027, by Type

        8.2.1. Polyetherketone (PEK)

        8.2.2. Polyetheretherketone (PEEK) 

        8.2.3. Polyetherketoneketone (PEKK)

        8.2.4. Others (PEEKK, PEKEKK)

    8.3. North America Polyaryletherketone (PAEK) Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 and Forecast 2019-2027, by End Use Industry

        8.3.1. Aerospace 

        8.3.2. Automotive 

        8.3.3. Electronics 

        8.3.4. Energy 

        8.3.5. Manufacturing 

        8.3.6. Medical Devices

9. Latin America Polyaryletherketone (PAEK) Market Value (US$ Mn) & Volume Analysis (Tons) and Forecast 2013-2027

    9.1. Latin America Polyaryletherketone (PAEK) Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 and Forecast 2019-2027, by Country

        9.1.1. Brazil

        9.1.2. Mexico

        9.1.3. Rest of Latin America

    9.2. Latin America Polyaryletherketone (PAEK) Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 and Forecast 2019-2027, by Type

        9.2.1. Polyetherketone (PEK)

        9.2.2. Polyetheretherketone (PEEK) 

        9.2.3. Polyetherketoneketone (PEKK)

        9.2.4. Others (PEEKK, PEKEKK)

    9.3. Latin America Polyaryletherketone (PAEK) Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 and Forecast 2019-2027, by End Use Industry

        9.3.1. Aerospace 

        9.3.2. Automotive 

        9.3.3. Electronics 

        9.3.4. Energy 

        9.3.5. Manufacturing 

        9.3.6. Medical Devices

10. Europe Polyaryletherketone (PAEK) Market Value (US$ Mn) & Volume Analysis (Tons) and Forecast 2013-2027

    10.1. Europe Polyaryletherketone (PAEK) Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 and Forecast 2019-2027, by Country

        10.1.1. EU-5

        10.1.2. BENELUX

        10.1.3. Nordics

        10.1.4. Eastern Europe

        10.1.5. Rest of Europe

    10.2. Europe Polyaryletherketone (PAEK) Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 and Forecast 2019-2027, by Type

        10.2.1. Polyetherketone (PEK)

        10.2.2. Polyetheretherketone (PEEK) 

        10.2.3. Polyetherketoneketone (PEKK)

        10.2.4. Others (PEEKK, PEKEKK)

    10.3. Europe Polyaryletherketone (PAEK) Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 and Forecast 2019-2027, by End Use Industry

        10.3.1. Aerospace 

        10.3.2. Automotive 

        10.3.3. Electronics 

        10.3.4. Energy 

        10.3.5. Manufacturing 

        10.3.6. Medical Devices

11. APAC Polyaryletherketone (PAEK) Market Value (US$ Mn) & Volume Analysis (Tons) and Forecast 2013-2027

    11.1. APAC Polyaryletherketone (PAEK) Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 and Forecast 2019-2027, by Country

        11.1.1. Greater China 

        11.1.2. India

        11.1.3. Japan

        11.1.4. ASEAN Countries

        11.1.5. Australia & New Zealand

        11.1.6. Rest of APAC

    11.2. APAC Polyaryletherketone (PAEK) Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 and Forecast 2019-2027, by Type

        11.2.1. Polyetherketone (PEK)

        11.2.2. Polyetheretherketone (PEEK) 

        11.2.3. Polyetherketoneketone (PEKK)

        11.2.4. Others (PEEKK, PEKEKK)

    11.3. APAC Polyaryletherketone (PAEK) Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 and Forecast 2019-2027, by End Use Industry

        11.3.1. Aerospace 

        11.3.2. Automotive 

        11.3.3. Electronics 

        11.3.4. Energy 

        11.3.5. Manufacturing 

        11.3.6. Medical Devices

12. MEA Polyaryletherketone (PAEK) Market Value (US$ Mn) & Volume Analysis (Tons) and Forecast 2013-2027

    12.1. MEA Polyaryletherketone (PAEK) Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 and Forecast 2019-2027, by Country

        12.1.1. GCC Countries

        12.1.2. Turkey

        12.1.3. South Africa

        12.1.4. Northern Africa

        12.1.5. Rest of MEA

    12.2. MEA Polyaryletherketone (PAEK) Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 and Forecast 2019-2027, by Type

        12.2.1. Polyetherketone (PEK)

        12.2.2. Polyetheretherketone (PEEK) 

        12.2.3. Polyetherketoneketone (PEKK)

        12.2.4. Others (PEEKK, PEKEKK)

    12.3. MEA Polyaryletherketone (PAEK) Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 and Forecast 2019-2027, by End Use Industry

        12.3.1. Aerospace 

        12.3.2. Automotive 

        12.3.3. Electronics 

        12.3.4. Energy 

        12.3.5. Manufacturing 

        12.3.6. Medical Devices

13. Global Polyaryletherketone (PAEK) Market –Prominent Countries Analysis

    13.1. Market Proportion Analysis, By Key Countries

    13.2. Global Vs. Country Growth Comparison

    13.3. China Market Value (US$ Mn) & Volume Analysis (Tons) and Forecast

        13.3.1. China Polyaryletherketone (PAEK) Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 and Forecast 2019-2027, by Type

            13.3.1.1. Polyetherketone (PEK)

            13.3.1.2. Polyetheretherketone (PEEK) 

            13.3.1.3. Polyetherketoneketone (PEKK)

            13.3.1.4. Others (PEEKK, PEKEKK)

        13.3.2. China Polyaryletherketone (PAEK) Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 and Forecast 2019-2027, by End Use Industry

            13.3.2.1. Aerospace 

            13.3.2.2. Automotive 

            13.3.2.3. Electronics 

            13.3.2.4. Energy 

            13.3.2.5. Manufacturing 

            13.3.2.6. Medical Devices

    13.4. India Market Value (US$ Mn) & Volume Analysis (Tons) and Forecast

        13.4.1. India Polyaryletherketone (PAEK) Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 and Forecast 2019-2027, by Type

            13.4.1.1. Polyetherketone (PEK)

            13.4.1.2. Polyetheretherketone (PEEK) 

            13.4.1.3. Polyetherketoneketone (PEKK)

            13.4.1.4. Others (PEEKK, PEKEKK)

        13.4.2. India Polyaryletherketone (PAEK) Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 and Forecast 2019-2027, by End Use Industry

            13.4.2.1. Aerospace 

            13.4.2.2. Automotive 

            13.4.2.3. Electronics 

            13.4.2.4. Energy 

            13.4.2.5. Manufacturing 

            13.4.2.6. Medical Devices

    13.5. Mexico Market Value (US$ Mn) & Volume Analysis (Tons) and Forecast

        13.5.1. Mexico Polyaryletherketone (PAEK) Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 and Forecast 2019-2027, by Type

            13.5.1.1. Polyetherketone (PEK)

            13.5.1.2. Polyetheretherketone (PEEK) 

            13.5.1.3. Polyetherketoneketone (PEKK)

            13.5.1.4. Others (PEEKK, PEKEKK)

        13.5.2. Mexico Polyaryletherketone (PAEK) Market Value (US$ Mn) & Volume Analysis (Tons) 2013-2018 and Forecast 2019-2027, by End Use Industry

            13.5.2.1. Aerospace 

            13.5.2.2. Automotive 

            13.5.2.3. Electronics 

            13.5.2.4. Energy 

            13.5.2.5. Manufacturing 

            13.5.2.6. Medical Devices

14. Competitive Assessment

    14.1. Global Polyaryletherketone (PAEK) Market Structure

    14.2. Global Polyaryletherketone (PAEK) Market Competition - A Dashboard View

    14.3. Global Polyaryletherketone (PAEK) Market Company Share Analysis

    14.4. Global Polyaryletherketone (PAEK) Competitor Market Footprint Matrix

    14.5. Key Participants Market Presence (Intensity Mapping) by Region

15. Company Profiles

    15.1. Victrex Plc

        15.1.1. Company Overview

        15.1.2. Competition Standpoint

        15.1.3. Product Overview

        15.1.4. Key Financials

        15.1.5. Analyst Comments 

    15.2. Evonik Industries AG

        15.2.1. Company Overview

        15.2.2. Competition Standpoint

        15.2.3. Product Overview

        15.2.4. Key Financials

        15.2.5. Analyst Comments 

    15.3. Arkema SA

        15.3.1. Company Overview

        15.3.2. Competition Standpoint

        15.3.3. Product Overview

        15.3.4. Key Financials

        15.3.5. Analyst Comments 

    15.4. Celanese Corporation

        15.4.1. Company Overview

        15.4.2. Competition Standpoint

        15.4.3. Product Overview

        15.4.4. Key Financials

        15.4.5. Analyst Comments 

    15.5. Solvay S.A.

        15.5.1. Company Overview

        15.5.2. Competition Standpoint

        15.5.3. Product Overview

        15.5.4. Key Financials

        15.5.5. Analyst Comments 

    15.6. Mitsubishi Chemical Advanced Materials

        15.6.1. Company Overview

        15.6.2. Competition Standpoint

        15.6.3. Product Overview

        15.6.4. Key Financials

        15.6.5. Analyst Comments 

    15.7. Akro Plastic GmbH

        15.7.1. Company Overview

        15.7.2. Competition Standpoint

        15.7.3. Product Overview

        15.7.4. Key Financials

        15.7.5. Analyst Comments 

    15.8. Triveni Chemicals Limited

        15.8.1. Company Overview

        15.8.2. Competition Standpoint

        15.8.3. Product Overview

        15.8.4. Key Financials

        15.8.5. Analyst Comments 

    15.9. Panjin Zhongrun Chemical Co. Ltd.

        15.9.1. Company Overview

        15.9.2. Competition Standpoint

        15.9.3. Product Overview

        15.9.4. Key Financials

        15.9.5. Analyst Comments 

    15.10. Lehvoss Group

        15.10.1. Company Overview

        15.10.2. Competition Standpoint

        15.10.3. Product Overview

        15.10.4. Key Financials

        15.10.5. Analyst Comments 

16. Fact.MR Research Methodology

17. Disclaimer & Contact Information

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Polyaryletherketone (PAEK) Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 to 2027