The global Polyether Ether Ketone (PEEK) market is projected to reach USD 664.3 Million by 2021, at a CAGR of 6.3% from 2016 to 2021. In the global PEEK market, newer applications and product grades are expected to be developed in industries such as aerospace and defence. Key manufacturers are working on newer applications, and sample trials are being undertaken to test PEEK performance across verticals. Apart from this, rapid growth in the use of PEEK in the aerospace and medical industries in North America is expected to lead to the high growth of the PEEK market during the next five years. Recent Developments In March 2014, Celanese Corporation (U.S.) and Southwire Company LLC (U.S.), North America’s largest wire and cable producer, introduced utility transmission lines – C7 Overhead Conductor with a multi-stranded composite core. The C7 Overhead Conductor uses the Celstran CFR-TPR composite technology that involves a combination of carbon-fiber ...
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