The polyaryletherketone is widely used in the electrical and electronics and the automobile industry owing to its enhanced durability and heat and corrosion resistance among others. Polyaryletherketone are extensively used in the energy sector in the drilling components such as compressor rings, seals, and valve parts among others.
Polyaryletherketone are used in a wide range of end-use industry application owing to their excellent properties such as chemical & heat resistance and mechanical strength among others. It is extensively used in applications such as medical devices, automobile parts, seals, gears, armor material, drilling components and others. The growth of pharmaceutical and automotive industry across the globe is vitally affecting the growth of the polyaryletherketone market.
Global Polyaryletherketone Market is being driven by a range of application in various end-use industries such as automotive, oil & gas, pharmaceuticals, military & defense, electrical & electronics among others. Moreover, it is estimated that the automobile industry is set to witness the highest growth due to the growing consumption in applications such as rotor arms, alternator covers, shock absorbers, seals & thrust washers in the forecast period, 2017-2023.
Global Key Players:
Victrex Plc (U.K), Solvay (Belgium), Arkema Group (France), JK Overseas (India), Quadrant AG (Switzerland), Gharda Chemicals Ltd (India), Evonik Industries AG (Germany), Caledonian Industries Ltd (U.K), Zyex Ltd (U.K), and Panjin Zhongrun High Performance Polymers Co Ltd (China)
Get Sample Report @ https://www.marketresearchfuture.com/sample_request/5368
The global Polyaryletherketone market is segmented into product type, and application. On the basis of the product type, the market is segregated into polyether ether ketone (PEEK), polyetherketone (PEK), polyetherketoneketone (PEKK) and others. The market by application is segmented into automotive, general engineering, aerospace, electrical & electronics, medical, military weapons and others
The North American polyaryletherketone market is mainly driven by the U.S. and Canada. The presence of the developed end-user industries such as automotive and electronics coupled with the increasing adoption rate is contributing significantly to the growth of the market. Moreover, the growing investment in energy and defense sector is further expected to add fuel to the growth of the market. In addition to this, the shale gas boom in the region has augmented the use of polyaryletherketone in the drilling components thereby adding to the market growth.
The global polyaryletherketone market is spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major share of the market and is expected to be the fastest growing region at a considerably higher CAGR. The presence of the most populated countries of the world such as India and China has augmented the demand for various sectors such as the electronics and automotive among others, which, in turn, is anticipated to fuel the demand for polyaryletherketone in the region. Moreover, the growing demand for energy has augmented the oil and gas related activities, mainly in India and China which in turn is expected to positively affect the growth of the market owing to its extensive use in the drilling components.
The European region is estimated to witness a significant growth in the countries owing to the burgeoning pharmaceutical and automobile industry. The increasing use of polyaryletherketone owing to its enhanced strength, chemical and heat stability among others has increased the adoption rate in the region. Moreover, the growing application in the electronic and electrical sector coupled with the increase government investment in the defense budget is further propelling the usage of the product in this region.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/polyaryletherketone-market-5368
The report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.
- Polyaryletherketone market manufacturers
- Traders and Distributors of Polyaryletherketone market
- Production process industries
- Potential investors
- Raw material suppliers
- Nationalized laboratory
LIST OF TABLES
Table 1 World Population By Major Regions (2017 To 2030)
Table 2 Global Polyaryletherketone Market: By Region, 2017-2023
Table 3 North America Polyaryletherketone Market: By Country, 2017-2023
Table 4 Europe Polyaryletherketone Market: By Country, 2017-2023
Table 5 Asia Pacific Polyaryletherketone Market: By Country, 2017-2023
Table 6 The Middle East & Africa Polyaryletherketone Market: By Country, 2017-2023
Table 7 Latin America Polyaryletherketone Market: By Country, 2017-2023
Table 8 Global Polyaryletherketone By Product Type Market: By Regions, 2017-2023
Table 9 North America Polyaryletherketone By Product Type Market: By Country, 2017-2023
Table10 Europe Polyaryletherketone By Product Type Market: By Country, 2017-2023
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar