Market Overview:
The global PEEK fiber market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for PEEK fibers in various applications such as aerospace, weaponry, and other applications. North America is expected to dominate the global PEEK fiber market during the forecast period owing to the presence of key players in this region and growing demand for high-performance materials in various end-use industries. Asia Pacific is projected to be the fastest-growing region during the forecast period due to rising demand for high performance materials from end-use industries such as automotive and electrical & electronics.
Product Definition:
PEEK fiber is manufactured by drawing continuous filaments of PEEK polymer from a spinnerette. The filaments are then chopped into short lengths and heated to form small fibers.
PEEK Multifilament:
PEEK (Polyether Ether Ketone) is a polymer, which has been developed as an alternative to silicone in the fiber industry. It possesses superior properties such as low thermal expansion, high stiffness at low weight and excellent chemical resistance. These properties have made PEEK a popular material for use in applications where silicone would be preferred not to be used.
PEEK Monofilament:
PEEK monofilament is a polymer comprising of repeat units of amino acid-based chains. It has been developed as an alternative to polyethylene and other conventional plastics such as nylon, due to its excellent mechanical properties, including high tensile strength and low elongation at break. PEEK monofilaments have also been used in the manufacturing of composites for automotive parts owing to their superior chemical resistance along with good thermal stability.
Application Insights:
Aerospace was the largest application segment in 2016 and is expected to maintain its lead over the forecast period. PEEK fibers are used for manufacturing aircraft interiors, including armrests, seat tracks, bulkheads and walls. They are also employed in making components that require high strength at a low weight such as window frames and panels. In addition, these products find applications in aerospace components such as fairings for turbines and air ducts owing to their excellent mechanical properties along with superior resistance towards corrosion caused by exposure to moisture or oxygen at high temperatures.
Regional Analysis:
Asia Pacific dominated the global PEEK fiber market in terms of revenue with a share of over 60% in 2017. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing defense spending by countries such as India and China, which is likely to boost product demand across the Asia Pacific region. In addition, rising industrialization coupled with growing infrastructure development activities are also expected to drive demand for high strength fibers from various applications such as aerospace and wind energy generation that require lightweight components for structural support.
The North America market was valued at USD X million in 2017 and is anticipated to witness significant growth over the forecast period owing to increased military expenditure by countries including U.S., Canada, and Mexico among others that will drive product demand across this region.
Growth Factors:
- Increasing demand from the aerospace and defense industry for high-performance materials that can withstand extreme conditions
- Growing popularity of PEEK fiber in medical implants and prosthetics due to its superior mechanical properties
- Rising demand for lightweight, corrosion-resistant materials in the automotive industry
- Rapid growth of the 3D printing market, as PEEK fiber is increasingly used in 3D printing filaments and powders
- Growing awareness of the benefits of PEEK fiber among engineers and designers
Scope Of The Report
Report Attributes
Report Details
Report Title
PEEK Fiber Market Research Report
By Type
PEEK Multifilament, PEEK Monofilament
By Application
Aerospace, Weaponry, Other
By Companies
Solvay, Polyfluor Plastics BV, Victrex, Changzhou Co-win New Material Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global PEEK Fiber Market Report Segments:
The global PEEK Fiber market is segmented on the basis of:
Types
PEEK Multifilament, PEEK Monofilament
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace, Weaponry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Solvay
- Polyfluor Plastics BV
- Victrex
- Changzhou Co-win New Material Technology
Highlights of The PEEK Fiber Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- PEEK Multifilament
- PEEK Monofilament
- By Application:
- Aerospace
- Weaponry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the PEEK Fiber Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
PEEK Fiber is a type of fiber that is made from the polymer polyethylene oxide. PEEK fibers are often used in applications where high strength and stiffness are required, such as aircraft parts and medical implants.
Some of the key players operating in the peek fiber market are Solvay, Polyfluor Plastics BV, Victrex, Changzhou Co-win New Material Technology.
The peek fiber market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PEEK Fiber Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 PEEK Fiber Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PEEK Fiber Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the PEEK Fiber Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global PEEK Fiber Market Size & Forecast, 2020-2028
4.5.1 PEEK Fiber Market Size and Y-o-Y Growth
4.5.2 PEEK Fiber Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 PEEK Multifilament
5.2.2 PEEK Monofilament
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Aerospace
6.2.2 Weaponry
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PEEK Fiber Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 PEEK Fiber Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 PEEK Multifilament
9.6.2 PEEK Monofilament
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Aerospace
9.10.2 Weaponry
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 PEEK Multifilament
10.6.2 PEEK Monofilament
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Aerospace
10.10.2 Weaponry
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 PEEK Multifilament
11.6.2 PEEK Monofilament
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Aerospace
11.10.2 Weaponry
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 PEEK Multifilament
12.6.2 PEEK Monofilament
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Aerospace
12.10.2 Weaponry
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 PEEK Multifilament
13.6.2 PEEK Monofilament
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Aerospace
13.10.2 Weaponry
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 PEEK Fiber Market: Competitive Dashboard
14.2 Global PEEK Fiber Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Solvay
14.3.2 Polyfluor Plastics BV
14.3.3 Victrex
14.3.4 Changzhou Co-win New Material Technology
