Market Overview:
The global PEEK rod market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for PEEK rods from various end-use industries, such as mechanical, energy and chemical, aerospace, auto industry and medical hygiene. In terms of type, the PEEK-1000 (brown gray) segment is expected to lead the global market during the forecast period owing to its superior properties compared with other types of PEEK rods. In terms of application, the mechanical segment is projected to lead the global market during 2018–2030 due to its high demand from various end-use industries across different regions.
Product Definition:
PEEK is an engineering thermoplastic with excellent chemical resistance and thermal stability. It has a high melting point of 343°C (649°F) and a low coefficient of friction. PEEK rod is used in applications where these properties are important, such as chemical processing, aerospace engineering, and medical implants.
PEEK-1000(Brown Gray):
PEEK-1000 is a kind of polymer, which contains carbon and hydrogen in the same molecule. It has properties such as high thermal stability, low density, and high tensile strength. PEEK-1000 has applications in aerospace & defense industry for manufacturing composite materials that are used for making heat shields on space vehicles to protect them from temperatures as high as 700°C. The demand from aerospace & defense industry is expected to be a key driver for market growth over the forecast period.
PEEK-HPV(Black):
PEEK-HPV (High Purity Vacuum Insulated Elastomer) is a new material developed by SABIC for use in its polyimide and polyurethane elastomers. The material has been designed to offer the performance of high-purity silicone along with the economic advantages of PEEK.
The key properties exhibited by this product include excellent thermal stability, resistance to oxidation,.
Application Insights:
The mechanical application segment led the global PEEK rod market in 2017 and is projected to maintain its dominance over the forecast period. The product has excellent properties such as high strength, stiffness, and impact resistance which are likely to drive its demand in this application segment. In addition, it also has good thermal shock resistance which makes it a suitable material for use in automotive engine components.
PEEK-based products have been witnessing growing adoption across various end-use industries owing to their superior characteristics compared with other engineering plastics like nylon or polycarbonate. In recent years, there has been an increasing need for developing lightweight materials that can withstand extreme conditions without getting damaged or worn out easily.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from end-use industries such as aerospace, automotive, energy and chemical. China is one of the largest producers as well as consumers of PEEK products globally. It has been observed that around 80%of all PEEK produced worldwide emanates from China owing to easy availability at a low cost coupled with high productivity levels in this country.
The presence of major aircraft manufacturers including Boeing Co., Airbus S.A., Lockheed Martin Corporation has led to increased demand for these rods across Asia Pacific region thereby driving its consumption level significantly higher than other regions globally over past few years (see figure below).
North America accounted for a significant share due to growing use in medical hygiene applications along with rising awareness regarding biocompatibility offered by these materials among end-users within this region (see figure below).
Growth Factors:
- Increasing demand from the automotive and aerospace industries for high-performance materials that can withstand high temperatures and corrosive environments
- Growing popularity of 3D printing technology, which is helping to drive demand for PEEK rods as feedstock material for producing customized parts and products
- Rising awareness among consumers about the benefits of PEEK rods over traditional metal alloys, plastics, and other engineering materials
- Proliferation of new applications for PEEK rods in a variety of industries, including medical devices, energy production, and construction
- Technological advancements that are making it easier to produce PEEK rods with improved mechanical properties
Scope Of The Report
Report Attributes
Report Details
Report Title
PEEK Rod Market Research Report
By Type
PEEK-1000(Brown Gray), PEEK-HPV(Black), PEEK-GF30(Brown Gray), PEEK-CA30(Black)
By Application
Mechanical, Energy And Chemical, Aerospace, Auto Industry, Medical Hygiene
By Companies
PAR Group, Drake Plastics, Solvay S.A., Direct Plastics, Victrex, Evonik Industries, PlastiComp, RTP Company, Ensinger, ICI, McNeal Enterprises, Quadrant Engineering Plastics Products, Yongbang Plastics Industry
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
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global PEEK Rod Market Report Segments:
The global PEEK Rod market is segmented on the basis of:
Types
PEEK-1000(Brown Gray), PEEK-HPV(Black), PEEK-GF30(Brown Gray), PEEK-CA30(Black)
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
Mechanical, Energy And Chemical, Aerospace, Auto Industry, Medical Hygiene
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:
- PAR Group
- Drake Plastics
- Solvay S.A.
- Direct Plastics
- Victrex
- Evonik Industries
- PlastiComp
- RTP Company
- Ensinger
- ICI
- McNeal Enterprises
- Quadrant Engineering Plastics Products
- Yongbang Plastics Industry
Highlights of The PEEK Rod 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-1000(Brown Gray)
- PEEK-HPV(Black)
- PEEK-GF30(Brown Gray)
- PEEK-CA30(Black)
- By Application:
- Mechanical
- Energy And Chemical
- Aerospace
- Auto Industry
- Medical Hygiene
- 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 Rod 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
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- Product & Brand Management
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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 Rod is a type of rod that is made from polyethylene-coated ethylene oxide. It is often used in chemical and pharmaceutical manufacturing, as well as food processing.
Some of the key players operating in the peek rod market are PAR Group, Drake Plastics, Solvay S.A., Direct Plastics, Victrex, Evonik Industries, PlastiComp, RTP Company, Ensinger, ICI, McNeal Enterprises, Quadrant Engineering Plastics Products, Yongbang Plastics Industry.
The peek rod market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PEEK Rod 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 Rod Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PEEK Rod 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 Rod 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 Rod Market Size & Forecast, 2018-2028
4.5.1 PEEK Rod Market Size and Y-o-Y Growth
4.5.2 PEEK Rod Market Absolute $ Opportunity
Chapter 5 Global PEEK Rod 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 PEEK Rod Market Size Forecast by Type
5.2.1 PEEK-1000(Brown Gray)
5.2.2 PEEK-HPV(Black)
5.2.3 PEEK-GF30(Brown Gray)
5.2.4 PEEK-CA30(Black)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global PEEK Rod 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 PEEK Rod Market Size Forecast by Applications
6.2.1 Mechanical
6.2.2 Energy And Chemical
6.2.3 Aerospace
6.2.4 Auto Industry
6.2.5 Medical Hygiene
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PEEK Rod 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 Rod 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 PEEK Rod Analysis and Forecast
9.1 Introduction
9.2 North America PEEK Rod 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 PEEK Rod Market Size Forecast by Type
9.6.1 PEEK-1000(Brown Gray)
9.6.2 PEEK-HPV(Black)
9.6.3 PEEK-GF30(Brown Gray)
9.6.4 PEEK-CA30(Black)
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 PEEK Rod Market Size Forecast by Applications
9.10.1 Mechanical
9.10.2 Energy And Chemical
9.10.3 Aerospace
9.10.4 Auto Industry
9.10.5 Medical Hygiene
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 PEEK Rod Analysis and Forecast
10.1 Introduction
10.2 Europe PEEK Rod 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 PEEK Rod Market Size Forecast by Type
10.6.1 PEEK-1000(Brown Gray)
10.6.2 PEEK-HPV(Black)
10.6.3 PEEK-GF30(Brown Gray)
10.6.4 PEEK-CA30(Black)
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 PEEK Rod Market Size Forecast by Applications
10.10.1 Mechanical
10.10.2 Energy And Chemical
10.10.3 Aerospace
10.10.4 Auto Industry
10.10.5 Medical Hygiene
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 PEEK Rod Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific PEEK Rod 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 PEEK Rod Market Size Forecast by Type
11.6.1 PEEK-1000(Brown Gray)
11.6.2 PEEK-HPV(Black)
11.6.3 PEEK-GF30(Brown Gray)
11.6.4 PEEK-CA30(Black)
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 PEEK Rod Market Size Forecast by Applications
11.10.1 Mechanical
11.10.2 Energy And Chemical
11.10.3 Aerospace
11.10.4 Auto Industry
11.10.5 Medical Hygiene
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 PEEK Rod Analysis and Forecast
12.1 Introduction
12.2 Latin America PEEK Rod 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 PEEK Rod Market Size Forecast by Type
12.6.1 PEEK-1000(Brown Gray)
12.6.2 PEEK-HPV(Black)
12.6.3 PEEK-GF30(Brown Gray)
12.6.4 PEEK-CA30(Black)
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 PEEK Rod Market Size Forecast by Applications
12.10.1 Mechanical
12.10.2 Energy And Chemical
12.10.3 Aerospace
12.10.4 Auto Industry
12.10.5 Medical Hygiene
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) PEEK Rod Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) PEEK Rod 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) PEEK Rod Market Size Forecast by Type
13.6.1 PEEK-1000(Brown Gray)
13.6.2 PEEK-HPV(Black)
13.6.3 PEEK-GF30(Brown Gray)
13.6.4 PEEK-CA30(Black)
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) PEEK Rod Market Size Forecast by Applications
13.10.1 Mechanical
13.10.2 Energy And Chemical
13.10.3 Aerospace
13.10.4 Auto Industry
13.10.5 Medical Hygiene
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 Rod Market: Competitive Dashboard
14.2 Global PEEK Rod Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PAR Group
14.3.2 Drake Plastics
14.3.3 Solvay S.A.
14.3.4 Direct Plastics
14.3.5 Victrex
14.3.6 Evonik Industries
14.3.7 PlastiComp
14.3.8 RTP Company
14.3.9 Ensinger
14.3.10 ICI
14.3.11 McNeal Enterprises
14.3.12 Quadrant Engineering Plastics Products
14.3.13 Yongbang Plastics Industry
