PEEK Market by Reinforcement Type (Glass Filled, Carbon Filled, Unfilled), Processing Method (Extrusion, Injection Molding), End User (Electrical & Electronics, Aerospace, Automotive, Oil & Gas, Medical), and Region - Global Forecast to 2030

May 2025 | 232 pages | ID: P5E60F2607E2EN
MarketsandMarkets

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The global polyether ether ketone market is projected to grow from USD 1.50 billion in 2025 to USD 2.14 billion by 2030, at a CAGR of 7.5% during the forecast period. Polyether ether ketone (PEEK) is a high-performance, semi-crystalline thermoplastic polymer renowned for its exceptional combination of mechanical strength, thermal stability, chemical resistance, and biocompatibility. These properties make it a sought-after material in demanding applications across diverse industries. The PEEK market is primarily driven by the increasing demand for lightweight, high-strength materials in the aerospace and automotive sectors, the rising adoption of PEEK in medical implants due to its biocompatibility, and the expanding use of PEEK in the electronics industry for its excellent electrical insulation properties.

“The carbon-filled PEEK segment, by reinforcement type, is estimated to account for the second- largest share during the forecast period.”

Carbon-filled PEEK (Polyether Ether Ketone) is expected to account for the second-largest share of the market in terms of volume during the forecast period due to its unique combination of enhanced mechanical properties and high-performance capabilities. Carbon-filled PEEK offers superior strength, stiffness, and wear resistance, making it ideal for applications that require components to withstand high stress and mechanical loads. This reinforced material is particularly beneficial in industries such as aerospace, automotive, and electronics, where lightweight and durable materials are essential for improving performance and efficiency. The addition of carbon fibers also enhances its thermal conductivity and dimensional stability, which are critical for applications in harsh environments. Moreover, carbon-filled PEEK exhibits reduced friction and lower thermal expansion, making it suitable for components such as bearings, seals, and structural parts. As industries continue to focus on advanced materials that offer better performance while reducing weight and improving efficiency, the demand for carbon-filled PEEK is expected to grow significantly. This growing demand, combined with its versatility across various high-end applications, positions carbon-filled PEEK to maintain a strong market presence and a substantial share during the forecast period.

“By end user, the automotive segment accounted for the second-largest share during the forecast period.”

The automotive segment is expected to account for the second-largest share of the polyether ether ketone (PEEK) market in terms of volume during the forecast period, primarily due to its growing demand for lightweight, durable materials that can enhance vehicle performance while meeting stricter environmental regulations. PEEK’s remarkable properties, such as high strength, heat resistance, and dimensional stability, make it an ideal choice for automotive components that require high performance under extreme conditions. Components such as fuel system parts, bearings, seals, and connectors in both conventional and electric vehicles benefit from PEEK’s ability to withstand high temperatures, pressures, and aggressive chemicals. As the automotive industry continues to prioritize fuel efficiency and reduce emissions, the need for lightweight materials like PEEK to replace heavier metals is expected to rise. Moreover, the increasing adoption of electric and hybrid vehicles, which demand advanced materials for optimal battery efficiency and overall vehicle performance, further strengthens the market for PEEK in automotive applications. While the segment is not expected to be the largest, its significant demand for high-performance, lightweight components ensures that it will continue to hold a strong position in the market, contributing to overall growth in the PEEK industry.

“North America region is estimated to account for the second largest share during the forecast period.”

The North American region is expected to account for the second-largest share of the polyether ether ketone (PEEK) market in terms of volume during the forecast period, driven by the growing demand for high-performance materials across several key industries, particularly aerospace, automotive, and healthcare. The region’s strong manufacturing capabilities and technological advancements have led to an increased adoption of PEEK in critical applications that require superior strength, heat resistance, and chemical stability. In the aerospace sector, PEEK’s ability to withstand high temperatures and provide lightweight solutions is driving its demand for components such as structural parts, bearings, and seals. Additionally, the automotive industry in North America is increasingly relying on PEEK to meet the demand for lightweight components that improve fuel efficiency and comply with stringent emission regulations. The healthcare industry, particularly in the U.S., is another significant contributor to the market, with PEEK being used in surgical implants, medical devices, and diagnostic equipment due to its biocompatibility. Furthermore, North America benefits from a well-established PEEK supply chain and favorable government policies supporting high-tech manufacturing, further solidifying the region’s position in the global PEEK market.

Profile break-up of primary participants for the report:
  • By Company Type: Tier 1 – 65%, Tier 2 – 20%, and Tier 3 – 15%
  • By Designation: Directors– 25%, Managers– 30%, and Others – 45%
  • By Region: North America – 30%, Asia Pacific – 40%, Europe – 20%, Middle East & Africa – 7%, and South America – 3%
Victrex Plc. (UK), Syensqo (Belgium), Evonik Industries AG (Germany), Jilin Joinature Polymer Co., Ltd. (China), and Junhua (China) are some of the major players operating in the polyether ether ketone market. These players have adopted partnerships, agreements, and product launches to increase their market share business revenue.

Research Coverage:

The report defines, segments, and projects the polyether ether ketone market based on reinforcement type, end user, processing method, and region. It provides detailed information regarding the major factors influencing the market's growth, such as drivers, restraints, opportunities, and challenges. It strategically profiles polyether ether ketone manufacturers, comprehensively analyzing their market shares and core competencies, and tracks and analyzes competitive developments, such as partnerships, , agreements, product launches, and joint ventures.

Reasons to Buy the Report:

The report is expected to help the market leaders/new entrants by providing them with the closest approximations of revenue numbers of the polyether ether ketone market and its segments. This report is also expected to help stakeholders obtain an improved understanding of the market's competitive landscape, gain insights to improve the position of their businesses and make suitable go-to-market strategies. It also enables stakeholders to understand the market's pulse and provides information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:
  • Analysis of critical drivers (growing demand for lightweight and high-performance materials, and rising demand across various end-use industries), restraints (availability of substitute polymers), opportunities (expanding applications in healthcare industry, and the ability of peek to act as a substitute to metal), and challenges (manufacturing and processing complexities) influencing the growth of the polyether ether ketone market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities in the polyether ether ketone market.
  • Market Development: Comprehensive information about lucrative markets – the report analyses the polyether ether ketone market across varied regions.
  • Market Diversification: Exhaustive information about new products, various types, untapped geographies, recent developments, and investments in the polyether ether ketone market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players such as Victrex Plc. (UK), Syensqo (Belgium), Evonik Industries AG (Germany), Jilin Joinature Polymer Co., Ltd. (China), and Junhua (China), and others in the polyether ether ketone market.
1 INTRODUCTION

1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
  1.3.1 MARKETS COVERED AND REGIONAL SCOPE
  1.3.2 INCLUSIONS AND EXCLUSIONS
  1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNIT CONSIDERED
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY

2.1 RESEARCH DATA
  2.1.1 SECONDARY DATA
    2.1.1.1 Key data from secondary sources
  2.1.2 PRIMARY DATA
    2.1.2.1 Primary insights
    2.1.2.2 Breakdown of primary interviews
2.2 MATRIX FOR DEMAND-SIDE ANALYSIS
2.3 MARKET SIZE ESTIMATION
  2.3.1 BOTTOM-UP APPROACH
  2.3.2 TOP-DOWN APPROACH
    2.3.2.1 Calculations for supply-side analysis
2.4 GROWTH FORECAST
2.5 DATA TRIANGULATION
2.6 RESEARCH ASSUMPTIONS
2.7 RESEARCH LIMITATIONS
2.8 RISK ASSESSMENT

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PEEK MARKET
4.2 PEEK MARKET, BY REGION
4.3 PEEK MARKET, BY REINFORCEMENT TYPE
4.4 PEEK MARKET, BY END-USER
4.5 PEEK MARKET, BY COUNTRY

5 MARKET OVERVIEW

5.1 INTRODUCTION
5.2 MARKET DYNAMICS
  5.2.1 DRIVERS
    5.2.1.1 Elevated demand from diverse end-use industries
  5.2.2 RESTRAINTS
    5.2.2.1 Availability of substitute polymers
  5.2.3 OPPORTUNITIES
    5.2.3.1 Expanding applications in healthcare
    5.2.3.2 Potential substitute for metals
  5.2.4 CHALLENGES
    5.2.4.1 Manufacturing and processing complexities

6 INDUSTRY TRENDS

6.1 MACROECONOMIC OUTLOOK
  6.1.1 GDP
  6.1.2 R&D EXPENDITURE
6.2 SUPPLY CHAIN ANALYSIS
6.3 ECOSYSTEM ANALYSIS
6.4 PORTER’S FIVE FORCES ANALYSIS
  6.4.1 BARGAINING POWER OF SUPPLIERS
  6.4.2 BARGAINING POWER OF BUYERS
  6.4.3 THREAT OF NEW ENTRANTS
  6.4.4 THREAT OF SUBSTITUTES
  6.4.5 INTENSITY OF COMPETITIVE RIVALRY
6.5 KEY STAKEHOLDERS AND BUYING CRITERIA
  6.5.1 KEY STAKEHOLDERS IN BUYING PROCESS
  6.5.2 BUYING CRITERIA
6.6 PRICING ANALYSIS
  6.6.1 AVERAGE SELLING PRICE TREND, BY REGION
  6.6.2 AVERAGE SELLING PRICE OF UNFILLED PEEK OFFERED BY KEY PLAYERS
6.7 TARIFF AND REGULATORY LANDSCAPE
  6.7.1 TARIFF ANALYSIS
  6.7.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
6.8 KEY CONFERENCES AND EVENTS, 2025–2026
6.9 PATENT ANALYSIS
6.10 TECHNOLOGY ANALYSIS
  6.10.1 KEY TECHNOLOGIES
    6.10.1.1 Biocompatible PEEK
  6.10.2 ADJACENT TECHNOLOGIES
    6.10.2.1 Polyetherketoneketone (PEKK)
6.11 CASE STUDY ANALYSIS
  6.11.1 REDUCING COSTS AND ENHANCING EFFICIENCY WITH VICTREX
PEEK IN AEROSPACE COMPONENTS
  6.11.2 INNOVATING PACKING TECHNOLOGY WITH NEXRING MADE
FROM VICTREX PEEK
6.12 TRADE ANALYSIS
  6.12.1 IMPORT SCENARIO (HS CODE 290722)
  6.12.2 EXPORT SCENARIO (HS CODE 290722)
6.13 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
6.14 INVESTMENT AND FUNDING SCENARIO
6.15 IMPACT OF GENERATIVE AI
  6.15.1 INTRODUCTION
  6.15.2 MATERIAL INNOVATION AND CUSTOMIZATION
  6.15.3 PROCESS OPTIMIZATION
  6.15.4 DEMAND FORECASTING
6.16 US 2025 TARIFF
  6.16.1 KEY TARIFF RATES
  6.16.2 PRICE IMPACT ANALYSIS
  6.16.3 IMPACT ON VARIOUS REGIONS
    6.16.3.1 US
    6.16.3.2 Europe
    6.16.3.3 Asia Pacific
  6.16.4 IMPACT ON END-USE INDUSTRIES
    6.16.4.1 Electrical & Electronics
    6.16.4.2 Aerospace
    6.16.4.3 Automotive
    6.16.4.4 Medical
    6.16.4.5 Oil & Gas

7 PEEK MARKET, BY REINFORCEMENT TYPE

7.1 INTRODUCTION
7.2 GLASS-FILLED
  7.2.1 EXTENSIVE USE IN AEROSPACE, AUTOMOTIVE, AND ELECTRICAL INDUSTRIES DUE TO HIGH STRENGTH AND THERMAL STABILITY
7.3 CARBON-FILLED
  7.3.1 FLEXURAL AND TENSILE STRENGTH SPUR ADOPTION IN HIGH-PERFORMANCE APPLICATIONS
7.4 UNFILLED
  7.4.1 OPTIMAL MECHANICAL, THERMAL, AND CHEMICAL PROPERTIES
BOOST USAGE
7.5 OTHER REINFORCEMENT TYPES

8 PEEK MARKET, BY END-USER

8.1 INTRODUCTION
8.2 ELECTRICAL & ELECTRONICS
  8.2.1 SURGE IN DEMAND FOR MINIATURIZED, HIGH-EFFICIENCY, AND
HIGH-RELIABILITY ELECTRIC COMPONENTS
8.3 AEROSPACE
  8.3.1 NEED TO COMPLY WITH STRINGENT FLAMMABILITY STANDARDS IN AVIATION
8.4 AUTOMOTIVE
  8.4.1 TREND OF SUSTAINABILITY AND ADVANCED MOBILITY
8.5 OIL & GAS
  8.5.1 INCREASED PREFERENCE DUE TO NON-CORROSIVE NATURE, LIGHT
WEIGHT, AND LONG SERVICE LIFE
8.6 MEDICAL
  8.6.1 HIGH DEMAND FOR BIOCOMPATIBLE, DURABLE, AND
STERILIZABLE MATERIALS
8.7 OTHER END-USERS

9 PEEK MARKET, BY PROCESSING METHOD

9.1 INTRODUCTION
9.2 EXTRUSION
9.3 INJECTION MOLDING
9.4 OTHER PROCESSING METHODS

10 PEEK MARKET, BY REGION

10.1 INTRODUCTION
10.2 NORTH AMERICA
  10.2.1 US
    10.2.1.1 Strong demand from multiple industries to drive market
  10.2.2 CANADA
    10.2.2.1 Robust automotive and aerospace industries to drive market
  10.2.3 MEXICO
    10.2.3.1 Concentration of OEMs and auto parts suppliers to drive market
10.3 ASIA PACIFIC
  10.3.1 CHINA
    10.3.1.1 Growing automotive industry to drive market
  10.3.2 JAPAN
    10.3.2.1 Advanced manufacturing capabilities and robust industrial
base to drive market
  10.3.3 INDIA
    10.3.3.1 Favorable government policies to drive market
  10.3.4 SOUTH KOREA
    10.3.4.1 Surplus demand across high-growth industries to drive market
  10.3.5 AUSTRALIA & NEW ZEALAND
    10.3.5.1 Focus on sustainable manufacturing practices to drive market
  10.3.6 REST OF ASIA PACIFIC
10.4 EUROPE
  10.4.1 GERMANY
    10.4.1.1 Strong automotive manufacturing and assembly capabilities
to drive market
  10.4.2 FRANCE
    10.4.2.1 Substantial investments in healthcare innovation to drive market
  10.4.3 UK
    10.4.3.1 Heightened vehicle production to drive market
  10.4.4 ITALY
    10.4.4.1 Need for high-performance materials in oil & gas industry
to drive market
  10.4.5 SPAIN
    10.4.5.1 Rise in defense modernization and oil exports to drive market
  10.4.6 REST OF EUROPE
10.5 MIDDLE EAST & AFRICA
  10.5.1 GCC
    10.5.1.1 Saudi Arabia
      10.5.1.1.1 Emerging mobility platforms to drive market
    10.5.1.2 UAE
      10.5.1.2.1 Expansion of oil production infrastructure to drive market
    10.5.1.3 Rest of GCC
  10.5.2 SOUTH AFRICA
    10.5.2.1 Advancements in automotive, aerospace, and defense
industries to drive market
  10.5.3 REST OF MIDDLE EAST & AFRICA
10.6 SOUTH AMERICA
  10.6.1 BRAZIL
    10.6.1.1 Booming automotive industry to drive market
  10.6.2 CHILE
    10.6.2.1 Shift toward electric vehicles to drive market
  10.6.3 ARGENTINA
    10.6.3.1 Government’s push for innovation and technology transfer
to drive market
  10.6.4 REST OF SOUTH AMERICA

11 COMPETITIVE LANDSCAPE

11.1 INTRODUCTION
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024
11.3 REVENUE ANALYSIS, 2020–2024
11.4 MARKET SHARE ANALYSIS, 2024
11.5 BRAND/PRODUCT COMPARISON
11.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
  11.6.1 STARS
  11.6.2 EMERGING LEADERS
  11.6.3 PERVASIVE PLAYERS
  11.6.4 PARTICIPANTS
    11.6.4.1 Company footprint
    11.6.4.2 Region footprint
    11.6.4.3 Reinforcement type footprint
    11.6.4.4 End-user footprint
    11.6.4.5 Processing method footprint
11.7 COMPANY EVALUATION MATRIX: START-UPS/SMES, 2024
  11.7.1 PROGRESSIVE COMPANIES
  11.7.2 RESPONSIVE COMPANIES
  11.7.3 DYNAMIC COMPANIES
  11.7.4 STARTING BLOCKS
  11.7.5 COMPETITIVE BENCHMARKING
    11.7.5.1 List of start-ups/SMEs
    11.7.5.2 Competitive benchmarking of start-ups/SMEs
11.8 COMPANY VALUATION AND FINANCIAL METRICS
11.9 COMPETITIVE SCENARIO
  11.9.1 PRODUCT LAUNCHES
  11.9.2 DEALS

12 COMPANY PROFILES

12.1 KEY PLAYERS
  12.1.1 VICTREX PLC.
    12.1.1.1 Business overview
    12.1.1.2 Products offered
    12.1.1.3 Recent developments
      12.1.1.3.1 Product launches
      12.1.1.3.2 Deals
    12.1.1.4 MnM view
      12.1.1.4.1 Right to win
      12.1.1.4.2 Strategic choices
      12.1.1.4.3 Weaknesses and competitive threats
  12.1.2 SYENSQO
    12.1.2.1 Business overview
    12.1.2.2 Products offered
    12.1.2.3 Recent developments
      12.1.2.3.1 Deals
    12.1.2.4 MnM view
      12.1.2.4.1 Right to win
      12.1.2.4.2 Strategic choices
      12.1.2.4.3 Weaknesses and competitive threats
  12.1.3 EVONIK INDUSTRIES AG
    12.1.3.1 Business overview
    12.1.3.2 Products offered
    12.1.3.3 Recent developments
      12.1.3.3.1 Product launches
      12.1.3.3.2 Deals
    12.1.3.4 MnM view
      12.1.3.4.1 Right to win
      12.1.3.4.2 Strategic choices
      12.1.3.4.3 Weaknesses and competitive threats
  12.1.4 JILIN JOINATURE POLYMER CO., LTD.
    12.1.4.1 Business overview
    12.1.4.2 Products offered
    12.1.4.3 MnM view
      12.1.4.3.1 Right to win
      12.1.4.3.2 Strategic choices
      12.1.4.3.3 Weaknesses and competitive threats
  12.1.5 JUNHUA
    12.1.5.1 Business overview
    12.1.5.2 Products offered
    12.1.5.3 MnM view
      12.1.5.3.1 Right to win
      12.1.5.3.2 Strategic choices
      12.1.5.3.3 Weaknesses and competitive threats
  12.1.6 MITSUBISHI CHEMICAL GROUP
    12.1.6.1 Business overview
    12.1.6.2 Products offered
  12.1.7 AVIENT CORPORATION
    12.1.7.1 Business overview
    12.1.7.2 Products offered
  12.1.8 SURLOINDIA
    12.1.8.1 Business overview
    12.1.8.2 Products offered
  12.1.9 J.K. OVERSEAS
    12.1.9.1 Business overview
    12.1.9.2 Products offered
  12.1.10 CALEDONIAN INDUSTRIES LIMITED
    12.1.10.1 Business overview
    12.1.10.2 Products offered
  12.1.11 RTP COMPANY
    12.1.11.1 Business overview
    12.1.11.2 Products offered
  12.1.12 WESTLAKE PLASTICS
    12.1.12.1 Business overview
    12.1.12.2 Products offered
  12.1.13 DRAKE PLASTICS
    12.1.13.1 Business overview
    12.1.13.2 Products offered
    12.1.13.3 Recent developments
      12.1.13.3.1 Deals
  12.1.14 AMERICHEM
    12.1.14.1 Business overview
    12.1.14.2 Products offered
  12.1.15 LATI INDUSTRIA TERMOPLASTICI S.P.A.
    12.1.15.1 Business overview
    12.1.15.2 Products offered
  12.1.16 LEHMANN&VOSS&CO.
    12.1.16.1 Business overview
    12.1.16.2 Products offered
  12.1.17 POLYMER INDUSTRIES
    12.1.17.1 Business overview
    12.1.17.2 Products offered
  12.1.18 TORAY PLASTICS PRECISION CO., LTD.
    12.1.18.1 Business overview
    12.1.18.2 Products offered
  12.1.19 TRIDENT PLASTICS INC.
    12.1.19.1 Business overview
    12.1.19.2 Products offered
12.2 OTHER PLAYERS
  12.2.1 BIEGLO GMBH
  12.2.2 ZIBO BAINAISI CHEMICAL CO., LTD
  12.2.3 PEEKCHINA
  12.2.4 ZHEJIANG PFLUON TECHNOLOGY CO., LTD.
  12.2.5 PERFECT POLYMERS

13 ADJACENT AND RELATED MARKETS

13.1 INTRODUCTION
13.2 LIMITATIONS
13.3 INTERCONNECTED MARKETS
13.4 POLYARYLETHERKETONE (PAEK) MARKET
  13.4.1 MARKET DEFINITION
  13.4.2 MARKET OVERVIEW
  13.4.3 POLYARYLETHERKETONE (PAEK) MARKET, BY TYPE

14 APPENDIX

14.1 DISCUSSION GUIDE
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.3 CUSTOMIZATION OPTIONS
14.4 RELATED REPORTS
14.5 AUTHOR DETAILS


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