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Polyetherketoneketone (PEKK) Market Size, Share Global Analysis Report, 2019 – 2026
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
Industry Insights
[110+ Pages Report] According to the report published by Facts Factors, the global polyetherketoneketone (PEKK) market size was worth around USD 800.00 million in 2019 and is predicted to grow to around USD 1,600.00 million by 2026 with a compound annual growth rate (CAGR) of roughly 11% between 2020 and 2026. The report analyzes the global polyetherketoneketone (PEKK) market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the polyetherketoneketone (PEKK) market.
The report encompasses the forecast as well as an analysis of the polyetherketoneketone (PEKK) market on the global and regional levels. The study displays historical data from 2016 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Million) and volume (Tons). Additionally, the market growth drivers, opportunities, limitations, and trends are also included in the global polyetherketoneketone (PEKK) market report.
We have included industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the polyetherketoneketone (PEKK) market in our study.
Key Insights from Primary Research
- As per our primary respondents, the China Polyetherketoneketone (PEKK) market is set to grow annually at a rate of around 11%
- It was established through primary research that the China Polyetherketoneketone (PEKK) market was valued at more than USD 800.00 million in 2019
- In terms of volume, the China Polyetherketoneketone (PEKK) market stood at around 90.0 Tons, in 2019.
- The “nucleophilic substitution” category, on the basis of type segmentation, was the leading revenue-generating category accounting for more than 70.0% share, in 2019.
- On the basis of application segmentation, the “aerospace” category held the leading share at around 30.0%, in 2019
Key Recommendations from Analysts
- The growing popularity of natural gas in various countries across the globe is increasing the demand of polyetherketoneketone for the oil & gas segment. There is a huge demand for oil & gas in developing regions such as Asia Pacific, which is driving the oil & gas industry in the regions.
- Growing at a CAGR of around 12%, China Polyetherketoneketone (PEKK) market provides numerous opportunities for all of the involved stakeholders across the entire value chain
- Our analysts have identified the “Nucleophilic Substitution” and “Aerospace” categories as the leading investment pockets for China Polyetherketoneketone (PEKK) market in terms of type and application segmentations respectively
Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies used by market competitors. It also encompasses PESTLE analysis and SWOT analysis.
The report also offers an in-depth analysis of the market share of each industry player and gives an outline of the market position of key players in the Polyetherketoneketone (PEKK) market. Moreover, the study offers wide coverage of key strategic improvements witnessed in the market such as acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, R&D activities, and geographical expansion of key players of the Polyetherketoneketone (PEKK) market.
The study provides a decisive view of the Polyetherketoneketone (PEKK) market by segmenting the Polyetherketoneketone (PEKK) market based on type, application, distribution channel, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2020 to 2026. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
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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The global polyetherketoneketone (PEKK) market is experiencing significant growth that is expected to continue over the upcoming years. A massive rise in the demand for oil and gas exploration, aerospace, and automotive industries is likely to act as a key driver of the global polyetherketoneketone (PEKK) market.
The polyetherketoneketone (PEKK) market is segmented based on type, application, and region. Type-wise, the market is classified into electrophilic substitution and nucleophilic substitution. In terms of application, the market segment is sectored into aerospace, automotive industry, electronics, medical industry, oil & gas, and others.
Key players operating in the polyetherketoneketone (PEKK) industry are
- 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.
- Evonik Industries AG.
This report segments the Global Polyetherketoneketone (PEKK) market as follows:
Type Analysis
- Electrophilic Substitution
- Nucleophilic Substitution
Application Analysis
- Aerospace
- Automotive Industry
- Electronics
- Medical Industry
- Oil & Gas
- Others
Regional Analysis
- North America
- U.S
- Canada
- Europe
- Germany
- France
- The U.K.
- 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
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of the Middle East & Africa
Key Pointers Addressed by the Report
- Historical data and forecast analysis of the market
- Drivers and Restraints affecting market dynamics
- Exhaustive analysis of the future market trends
- Comprehensive information about the leading market segments and region
- Strategic developments made by the competitive players and in-depth analysis of its impact on market growth
Table of Content
Industry Major 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.
- Evonik Industries AG.
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