Poly (ether-ketone-ketone) (PEKK) is a semi-crystalline thermoplastic in the PAEK (Poly Aryl Ether Ketone) family, with high heat resistance, chemical resistance and the ability to withstand high mechanical loads.
The global production of PEKK increased from 329 MT in 2013 to 511 MT in 2017 at an average annual growth rate of more than 11.72%. Europe is the biggest manufacturing base with the production market share of 63.8 % in 2017 followed by India. Arkema is the global leader. In the next five years, the global production of PEKK will maintain 7.25% average annual growth rate.
The PEKK is mainly used in aerospace, automotive industry and medical industry. Using 3D printing techniques such as selective laser sintering (SLS), PEKK components with complex geometries and unique shapes can be manufactured rapidly without molds or dies. With the development of 3D printing technology, there will be an increasing demand of PEKK in the next few years. EU and North America are the main consumption markets.
This industry is monopolized by a few companies such as Arkema and Rallis, while Rallis supply PEKK mainly for Cytec Solvay Group. In China, Kaisheng New Materials is the only manufacturer and the first one to break the technology monopoly. OPM is a recognized leader in high performance additive manufacturing.
Although sales of PEKK brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not enter into the PEKK field abruptly.
According to this study, over the next five years the Poly (Ether-ketone-ketone) (PEKK) market will register a 11.9% CAGR in terms of revenue, the global market size will reach US$ 72 million by 2024, from US$ 37 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Poly (Ether-ketone-ketone) (PEKK) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Poly (Ether-ketone-ketone) (PEKK) market by product type, application, key manufacturers and key regions and countries.
This study considers the Poly (Ether-ketone-ketone) (PEKK) value and volume generated from the sales of the following segments:
Global Poly (Ether-ketone-ketone) (PEKK) Market report features the major aspect of the market in terms of historic data, current market situations, market demand along with detailed analysis of the key players involved in the market.Poly (Ether-ketone-ketone) (PEKK) Industry report also provides essential attributes associated with Poly (Ether-ketone-ketone) (PEKK) market and act an essential tool to companies active across the value chain and to the newcomer by enabling them to capitalize the opportunities and develop business strategies.
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Global Poly (Ether-ketone-ketone) (PEKK) Market focuses on the, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa.Poly (Ether-ketone-ketone) (PEKK) business report categorizes the market based on manufacturers, regions, type and application. From a global perspective, this report represents Poly (Ether-ketone-ketone) (PEKK) market in-depth outlook by analyzing historical statistics and future prospect.
TOP MOST PLAYERS:
Kaisheng New Materials
Market Segment by Type, covers:
Market Segment by Applications, can be divided into:
The prospective of this Poly (Ether-ketone-ketone) (PEKK) industry study delivers the key industry dynamic with respect to driving & limiting factors with their current and expected impact on market growth. Moreover, Poly (Ether-ketone-ketone) (PEKK) present market share and future prospects of the segment in terms of has also been explored in this report.
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Conclusively, the Poly (Ether-ketone-ketone) (PEKK) Market report provides major statistics on the state of the industry also it is considered as an essential source of guidance and direction for businesses and individuals involved in the market.