Brazil Polyether Ether Ketone (peek) Market Size & Outlook
Brazil polyether ether ketone (peek) market, 2018-2030 (US$M)
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Brazil polyether ether ketone (peek) market highlights
- The Brazil polyether ether ketone (peek) market generated a revenue of USD 19.0 million in 2022 and is expected to reach USD 27.9 million by 2030.
- The Brazil market is expected to grow at a CAGR of 4.9% from 2023 to 2030.
- In terms of segment, automotive was the largest revenue generating end use in 2022.
- ELECTRICAL & ELECTRONICS is the most lucrative end use segment registering the fastest growth during the forecast period.
Polyether ether ketone (peek) market data book summary
| Market revenue in 2022 | USD 19.0 million |
| Market revenue in 2030 | USD 27.9 million |
| Growth rate | 4.9% (CAGR from 2022 to 2030) |
| Largest segment | Automotive |
| Fastest growing segment | ELECTRICAL & ELECTRONICS |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PACKAGING, CONSTRUCTION, ELECTRICAL & ELECTRONICS, AUTOMOTIVE, MEDICAL, OTHER END USES |
| Key market players worldwide | Victrex PLC, Ferguson PLC, Celanese Corp Class A, LyondellBasell Industries NV Class A, Solvay SA, Evonik Industries AG, SABIC, Parkway Products, Ensinger |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.9% of the global polyether ether ketone (peek) market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil polyether ether ketone (peek) market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 27.9 million by 2030.
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Polyether Ether Ketone (PEEK) Market Scope
Polyether Ether Ketone (PEEK) Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil polyether ether ketone (peek) market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to polyether ether ketone (peek) market will help companies and investors design strategic landscapes.
Automotive was the largest segment with a revenue share of 50% in 2022. Horizon Databook has segmented the Brazil polyether ether ketone (peek) market based on packaging, construction, electrical & electronics, automotive, medical, other end uses covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil accounted for the largest share in CSA automotive market. The revival of the economy and the growing interest of investors in manufacturing industries are expected to propel the demand for PEEK in the country.
Moreover, the Brazilian healthcare industry is heavily investing in technical development activities, as well as acquiring modern machines, indicating that the industry has undergone tremendous growth in recent years on account of the inflow of foreign direct investments.
For instance, in August 2024, the Japan International Cooperation Agency (JICA) signed an investment agreement with a Brazilian health tech company dr. consulta, The company plans to use this investment to expand its business and contribute to universal health care by investing in medical equipment and facilities.
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Target buyers of Brazil polyether ether ketone (peek) market databook
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil polyether ether ketone (peek) market , including forecasts for subscribers. This country databook contains high-level insights into Brazil polyether ether ketone (peek) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil polyether ether ketone (peek) market size, by end use, 2018-2030 (US$M)
Brazil Polyether Ether Ketone (PEEK) Market Outlook Share, 2022 & 2030 (US$M)
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