This Global Aromatic Ketone Polymers Market market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Global Aromatic Ketone Polymers Market market.
Aromatic ketone polymers belong to the family of aromatic hydrocarbons and are also known as Poly Aryl Ether Ketones; abbreviated as PAEKs. PAEKs are thermoplastics that are crystalline in nature and are characterized by good mechanical properties, thermal stability, chemical and solvent resistance, temperature and fire resistance and excellent electrical performance. PAEKsare a group of three aromatic polymers that include – Poly Ether Ether Ketone (PEEK), Poly Ether Ketone (PEK) and Poly Ether Ketone Ketone (PEKK). Aromatic ketone polymers are one of the highest valued high-performance polymers used across several industries. Their high cost is due to their exceptional characteristics, which justify theirhigher prices.
The key driver of the aromatic ketone polymersmarket is fuel efficiency and affordable manufacturing. Aromatic ketone polymers are compatible with the oils and chemicals with which they are used. They also resist the severe chemical environments of their application areas. PEEK is used engineering applications such as in the fabricationof pistons, pumps, high-performance liquid chromatography (HPLC) columns, valves, compressors and insulators,owing to its sturdiness. PEEK is fully recyclable, melts at 343°C and is one of the few plastics compatible with ultra-high vacuum applications. PEEK is finding use in the medical sector for relatively small, yet remarkable applications. It is used as a biomaterial in medical implants such as spinal fusion devices and reinforcing rods. Another major application is in thermal insulation due to its capacity to withstand elevated temperatures. Presently, conventional metal material is being replaced by plastics and with a material such as aromatic ketone polymers, the shift to plastics is bound to happen. In the engineering industry, the demand for high performance polymers, the need for miniaturization as well as innovation is increasing exponentially. For example, cellphone customers currently want a slim mobile phone that is extremely tough, durable and comes installed with excellent software and numerous applications. While plastic delivers a light, supple and cost-effective and easily adaptable material to the cell phone industry, the software and applications are entirely a different market.
Market Growth Analysis
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
Carbon fibre-reinforced (CFR-PEEK) composites are used in the manufacture of components used in hip replacement and joint replacement procedures. The scope of application areas for CFR-PEEK is anticipated to widen in thefuture. Aromatic ketone polymers are creating newer opportunities and will grow in popularity due to the ability of the materials to solve numerous challenging engineering-related problems.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, typesand applications.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors, along with market attractiveness within the segments. The report also maps the qualitative impact of various market factors on market segments and various geographies.
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