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Showing posts with the label PEEK market trends

Victrex plc (U.K.) is projected to continue its dominance in the PEEK market

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.. Electrical & electronics is the fastest-growing end-user segment of the PEEK market. Based on end-user, the PEEK market has been segmented into electrical & electronics, aerospace, automotive, oil & gas, medical, and others. Electrical & electronics was the largest segment of the PEEK market, by end-user, in 2015. It is also projected to be the fastest-growing segment durin...