APAC Polyether Ether Ketone (PEEK) Market - Industry Trends and Forecast to 2029

Asia-Pacific Polyether Ether Ketone (PEEK) Market, By Type (Glass Filled, Carbon Filled, Unfilled, and Others), Application (Bearings, Piston Parts, Pumps, HPLC Columns, Compressor Plate Valves, Cable Insulation, Biomedical, and Others), End Use (Aerospace, Automotive, Food & Beverage Processing, Oil & Gas, Electrical Industry, Energy, Medical, and Others), Country (Japan, China, South Korea, India, Singapore, Thailand, Indonesia, Malaysia, Philippines, Australia, New Zealand, Rest of Asia-Pacific) Industry Trends and Forecast to 2029

Market Definition:
PEEK is a colorless organic thermoplastic polymer, a member of the poly aryl ether ketone (PAEK) family. It is a homopolymer having a single monomer. It is a semi-crystalline thermoplastic with exceptional chemical and mechanical properties that are retained even at higher temperatures. It shows resistance to deterioration during various sterilization procedures. Hence it can be sterilized with heat sterilization methods without affecting its properties. Its chemical structure makes it highly resistant to chemical and radiation damage, compatible with reinforcing agents such as glass and carbon fibers, and has greater strength than metals. These properties make it highly suitable for industrial applications.

Market Segmentation :
The Asia-Pacific polyether ether ketone (PEEK) market is segmented into three notable segments based on type, application, and end use.
• On the basis of type, the Asia-Pacific polyether ether ketone (PEEK) market is classified into glass filled, carbon filled, unfilled, and others
• On the basis of application, the Asia-Pacific polyether ether ketone (PEEK) market is classified into bearings, piston parts, pumps, HPLC columns, compressor plate valves, cable insulation, biomedical, and others
• On the basis of end use, the Asia-Pacific polyether ether ketone (PEEK) market is classified into aerospace, automotive, food & beverage processing, oil & gas, electrical industry, energy, medical, and others

Market Players 
Some key players operating in the Asia-Pacific polyether ether ketone (PEEK) market are: 
• Victrex Plc
• Evonik Industries AG
• Solvay
• Freudenberg
• Arkema
• Ensinger
• the Mitsubishi Chemical Group of Companies (A Subsidiary of Mitsubishi Chemical Group Corporation)
• Avient
• BARLOG Plastics GmbH
• SABIC
• SAINT-GOBAIN
• Westlake Plastics