Market revenue in 2022 | USD 250.6 million |
Market revenue in 2030 | USD 391.5 million |
Growth rate | 5.7% (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 |
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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 50.12% in 2022. Horizon Databook has segmented the U.S. 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.
The U.S. enjoys several advantages in the evolving flexible electronics technology field. The country has the best and largest research universities across the globe, most of which are engaged in research & development projects related to the development of flexible electronics in the U.S.
The U.S. defense has fostered high-technology flexible electronics industry for military use and set up research centers for flexible electronics. Exports of electronic products have been on the rise, owing to the technological developments in the country.
The U.S. government is encouraging the use of innovative state-of-the-art materials in the defense, automotive, and electrical & electronic sectors. The growing focus on developing new innovative technologies in the electronics field is a current trend in the country.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. polyether ether ketone (peek) market , including forecasts for subscribers. This country databook contains high-level insights into U.S. polyether ether ketone (peek) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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