06-Feb-2020 | Facts and Factors
Facts and Factors have authored “Polyetherketoneketone (PEKK) Market by Type (Electrophilic Substitution, and Nucleophilic Substitution), and By Application (Aerospace, Automotive Industry, Electronics, Medical Industry, Oil & Gas, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2026”. Based on our analysis, the global Polyetherketoneketone (PEKK) market in 2019 is approximately USD 800.00 million and is anticipated to reach around USD 1,600.00 million by 2026. The anticipated CAGR for the Polyetherketoneketone (PEKK) market is around 11% from 2020 to 2026.
Polyetherketoneketone (PEKK) is a semi-crystalline polymer. PEKK is the multi-use polymer. It belongs to Polyaryletherketone (PAEK) polymer family. The unique properties of the polyetherketoneketone are high strength and toughness, chemical resistance, easy processing, lower molded-in stresses, greater dimensional strength, rests transparently even at higher operative temperatures, and enhanced flow characteristics. Moreover, polyetherketoneketone has good structural performance at high temperatures. The glass transition temperature of polyetherketoneketone is 162°C, melting temperature for the polyetherketoneketone homo-polymer is around 400°C, and polyetherketoneketone has a slow crystallization rate.
Browse the full “Polyetherketoneketone (PEKK) Market by Type (Electrophilic Substitution, and Nucleophilic Substitution), and By Application (Aerospace, Automotive Industry, Electronics, Medical Industry, Oil & Gas, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2019 – 2026” report at https://www.fnfresearch.com/polyetherketoneketone-pekk-market-by-type-electrophilic-substitution-and
The increasing investments in polyetherketoneketone for offshore oil & gas production, gas lift lines, gas, and water injection lines across the world are one of the most key factors fueling the growth of the global polyetherketoneketone market. The global polyetherketoneketone market is anticipated to grow owing to the rising demand by growing customer awareness and widespread focus on research and development by key manufacturers.
Rising aerospace, oil & gas exploration industries are expected to witness significant growth in global polyetherketoneketone market within the forecast period. The increasing demand polyetherketoneketone substitutes like polyethylenimine (PEI) and polyphenylene sulfide (PPS) in the automotive and construction sectors may hamper the market’s growth. Research and development, innovations activities in the technology of the polyetherketoneketone and rising demand for plastics from the aerospace, automotive and electronics industries are expected to open new avenues for the global polyetherketoneketone market in the near future.
On the basis of type, the polyetherketoneketone market is segmented as electrophilic substitution, and nucleophilic substitution. Among which nucleophilic substitution segment is expected to account for the major revenue share in the polyetherketoneketone market over the forecast period. The electrophilic substitution segment is followed by the nucleophilic substitution segment in terms of revenue share. Nucleophilic substitution type segment is anticipated to account for around 70% of the global polyetherketoneketone market within the forecast period.
On the basis of application, the global polyetherketoneketone market is categorized into aerospace, automotive industry, electronics, medical industry, oil & gas, and others. Among the aforementioned segment, the aerospace segment accounted for the relative revenue share in the polyetherketoneketone market. Among the application, the aerospace segment was the most attractive segment of the market in 2019.
The aerospace industry comprises all in-country activities relating to the development, production, maintenance, and support of aircraft and spacecraft. Polyetherketoneketone is suitable for airplane components that are exposed to oil, jet fuel, and hydraulic fluids owing to its high chemical resistance. Moreover, polyetherketoneketone is used to produce spacecraft parts that require low outgassing and chemical-resistant industrial parts. The growing aerospace industry is expected to fuel the utilization of polyetherketoneketone in the upcoming years.
On the basis of region the Polyetherketoneketone market is segmented into, Asia Pacific, Europe, Middle East & Africa, North America, and Latin America. In 2019, the European region dominates the polyetherketoneketone market among all the regions followed by North America in terms of value.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 800.00 Million |
Projected Market Size in 2026 |
USD 1,600.00 Million |
CAGR Growth Rate |
11% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Arkema SA, Polymics, Ltd., Shandong Kaisheng New Materials Co., Ltd., RTP Company, Inc., Solvay SA, Jeco Plastic Products, Victrex plc., Caledonian Industries Ltd., J.K. Overseas, Panjin Zhongrun High Performance Polymer Co., Ltd., Mitsubishi Chemical Advanced Materials AG, Gharda Chemicals Ltd., and Evonik Industries AG., and Others |
Key Segment |
By Type, Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Some of the key players operating in the market include
Arkema SA, Polymics, Ltd., Shandong Kaisheng New Materials Co., Ltd., RTP Company, Inc., Solvay SA, Jeco Plastic Products, Victrex plc., Caledonian Industries Ltd., J.K. Overseas, Panjin Zhongrun High Performance Polymer Co., Ltd., Mitsubishi Chemical Advanced Materials AG, Gharda Chemicals Ltd., and Evonik Industries AG., among others.
This report segments the global polyetherketoneketone (PEKK) market as follows:
By Type Analysis
- Electrophilic Substitution
- Nucleophilic Substitution
By Application Analysis
- Aerospace
- Automotive Industry
- Electronics
- Medical Industry
- Oil & Gas
- Others
By Regional Analysis
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- South-East Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- The Middle-East and Africa
- GCC Countries
- South Africa
- Rest of Middle-East Africa
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