Research Analysis on Polyether Ether Ketone (Peek) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

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Date Submitted: 06/26/2014 05:39 AM

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Transparency Market Research Reports incorporated a definite business overview and investigation inclines on "Polyether Ether Ketone (PEEK) Market ". This report likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and worldwide business sector industry structure.

Polyether ether ketone, a thermoplastic polymer possessing high strength and chemical resistance compared to other traditional substitutes such as polyethylene. Polyether ether ketone belongs to the family of polyaryletherketone and is obtained by polymerization of bisphinolate salts. Polyether ether ketone is often mixed with carbon, glass or is supplied as unfilled polyether ether ketone as per the end user applications. Several physical characteristics such as light weight, low moisture absorption, superior mechanical & electrical properties and ability to retain its properties at high temperatures have been driving demand for polyether ether ketone. Major end user applications of polyether ether ketone include automotives, aerospace and insulation among others.

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Polyether ether ketone is semi crystalline and a bio compatible material hence the material has been gaining acceptance as implants in the medical field. MRI compatibility, sterilization resistance and lack of toxicity are among other major characteristics that make polyether ether ketone suitable for various medical implants applications such as spine devices. Research and development activities to increase the medical application scope of polyether ether ketone are expected to offer huge growth opportunity during the forecast period.

Automotive is among the major application segment for polyether ether ketone. With depleting renewable fuel resources and increasing fuel prices, fuel efficiency has become a major driver for the demand for automobiles. Weight of...