Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global PEEK Taper Plugs Market by Type (R 1/8, R 1/4, R 3/8), By Application (Chemical, Electronics, Semiconductor, Material Processing, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global PEEK Taper Plugs Market by Type (R 1/8, R 1/4, R 3/8), By Application (Chemical, Electronics, Semiconductor, Material Processing, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 357196 4200 Machinery & Equipment 377 129 Pages 5 (31)
                                          

Market Overview:


The global PEEK taper plugs market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for PEEK taper plugs in various applications such as chemical, electronics, semiconductor, material processing and others. In terms of type, the R 1/8 segment is expected to hold the largest share of the global PEEK taper plugs market during the forecast period. This can be attributed to its low cost and easy availability compared with other types of PEEK taper plugs.


Global PEEK Taper Plugs Industry Outlook


Product Definition:


PEEK Taper Plugs are used to prevent the flow of material through a pipe or tube. They are inserted into the open end of a pipe or tube and then tapered so that they form a tight seal. This prevents material from flowing through the pipe or tube and allows for controlled flow rates.


R 1/8:


R 1/8 is a type of polyether ether ketone (PEEK) taper plug. It has the highest usage in the PEEK tapering plugs market and accounts for more than 50% of total R&D expenditure by volume.


R 1/4:


R 1/4 is a type of polymer resin that is used to manufacture PEEK taper plugs. It has the highest melting point among all thermoset plastics and therefore, it can be used in applications where other plastics would melt.


Application Insights:


The chemical application segment accounted for the largest revenue share of over 30% in 2017. PEEK is used as a material for manufacturing various chemicals and engineering plastics due to its excellent properties including high temperature stability, low thermal expansion, high tensile strength and good electrical & optical properties. The growing importance of plastic materials in the chemical industry on account of their ability to provide superior performance at a lower cost is expected to drive product demand over the forecast period.


PEEK taper plugs are used as an interface between two pipes having different inside diameters where clearance constraints exist or where pipe ends need additional protection against corrosion or impact damage such as from dropped tools. They are also used extensively in semiconductor applications owing to their excellent thermal shock resistance, low maintenance requirements and durability which has led them being considered an ideal solution for harsh industrial environments across several industries such as oil & gas, power generation etcetera.


Regional Analysis:


Asia Pacific was the dominant regional segment occupying over 54.0% of the total market share in 2017. The region is expected to continue its dominance over the forecast period as well, owing to rapid industrialization and increasing foreign investments coupled with rising GDPs of various countries such as China, India, Indonesia and Thailand.


The demand for PEEK taper plugs in Europe is anticipated to witness a CAGR of XX% from 2018 to 2030 due to growing chemical processing industry along with stringent government regulations regarding energy efficiency in power generation plants and other industries pertaining heat transfer fluids & media used for manufacturing semiconductors & microelectronics devices which are driving innovation & development activities across this region since past few years that has resulted into increased product usage across several applications including oil & gas industry, petrochemical processing plant cooling water treatment facilities among others).


Growth Factors:


  • Increasing demand from the medical industry for PEEK taper plugs as they are biocompatible and have low wear and tear.
  • Growing popularity of PEEK taper plugs in the aerospace and defense industries due to their high strength-to-weight ratio.
  • Rising demand for PEEK taper plugs from the automotive industry as they are resistant to heat, chemicals, and other environmental factors.
  • Increasing use of 3D printing technology in manufacturing PEEK taper plugs which helps reduce production time and costs.
  • Growing awareness about the benefits of using PEEK taper plugs among end users which is helping boost sales growth

Scope Of The Report

Report Attributes

Report Details

Report Title

PEEK Taper Plugs Market Research Report

By Type

R 1/8, R 1/4, R 3/8

By Application

Chemical, Electronics, Semiconductor, Material Processing, Others

By Companies

IDEX Health & Science, Nabeya Bi-Tech, Nippon Chemical Screw, Polymerscrew, Valco Instruments

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

129

Number of Tables & Figures

91

Customization Available

Yes, the report can be customized as per your need.


Global PEEK Taper Plugs Market Report Segments:

The global PEEK Taper Plugs market is segmented on the basis of:

Types

R 1/8, R 1/4, R 3/8

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

Chemical, Electronics, Semiconductor, Material Processing, Others

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:

  1. IDEX Health & Science
  2. Nabeya Bi-Tech
  3. Nippon Chemical Screw
  4. Polymerscrew
  5. Valco Instruments

Global PEEK Taper Plugs Market Overview


Highlights of The PEEK Taper Plugs Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. R 1/8
    2. R 1/4
    3. R 3/8
  1. By Application:

    1. Chemical
    2. Electronics
    3. Semiconductor
    4. Material Processing
    5. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the PEEK Taper Plugs 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

Global PEEK Taper Plugs Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


PEEK Taper Plugs are a type of electrical connector that has a tapered design. This design makes it easier for the plug to fit into tight spaces, and it also helps prevent the plug from becoming loose over time.

Some of the major players in the peek taper plugs market are IDEX Health & Science, Nabeya Bi-Tech, Nippon Chemical Screw, Polymerscrew, Valco Instruments.

The peek taper plugs market is expected to grow at a compound annual growth rate of 5.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PEEK Taper Plugs 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 Taper Plugs Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 PEEK Taper Plugs 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 Taper Plugs 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 Taper Plugs Market Size & Forecast, 2020-2028       4.5.1 PEEK Taper Plugs Market Size and Y-o-Y Growth       4.5.2 PEEK Taper Plugs 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 R 1/8
      5.2.2 R 1/4
      5.2.3 R 3/8
   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 Chemical
      6.2.2 Electronics
      6.2.3 Semiconductor
      6.2.4 Material Processing
      6.2.5 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global PEEK Taper Plugs 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 Taper Plugs 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 R 1/8
      9.6.2 R 1/4
      9.6.3 R 3/8
   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 Chemical
      9.10.2 Electronics
      9.10.3 Semiconductor
      9.10.4 Material Processing
      9.10.5 Others
   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 R 1/8
      10.6.2 R 1/4
      10.6.3 R 3/8
   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 Chemical
      10.10.2 Electronics
      10.10.3 Semiconductor
      10.10.4 Material Processing
      10.10.5 Others
   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 R 1/8
      11.6.2 R 1/4
      11.6.3 R 3/8
   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 Chemical
      11.10.2 Electronics
      11.10.3 Semiconductor
      11.10.4 Material Processing
      11.10.5 Others
   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 R 1/8
      12.6.2 R 1/4
      12.6.3 R 3/8
   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 Chemical
      12.10.2 Electronics
      12.10.3 Semiconductor
      12.10.4 Material Processing
      12.10.5 Others
   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 R 1/8
      13.6.2 R 1/4
      13.6.3 R 3/8
   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 Chemical
      13.10.2 Electronics
      13.10.3 Semiconductor
      13.10.4 Material Processing
      13.10.5 Others
   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 Taper Plugs Market: Competitive Dashboard
   14.2 Global PEEK Taper Plugs Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 IDEX Health & Science
      14.3.2 Nabeya Bi-Tech
      14.3.3 Nippon Chemical Screw
      14.3.4 Polymerscrew
      14.3.5 Valco Instruments

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