Short Description
Middle East and Africa Polyether Ether Ketone (PEEK) Market, By Type (Glass Filled, Carbon Filled, Unfilled, and Others), Application (Bearings, Piston Parts, Pumps, HPLC Columns, Compressor Plate Valves, Cable Insulation, Biomedical, and Others), End Use (Aerospace, Automotive, Food & Beverage Processing, Oil & Gas, Electrical Industry, Energy, Medical, and Others), Country (South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel, Rest of the Middle East and Africa) Industry Trends and Forecast to 2029
Market Definition
PEEK is a colorless organic thermoplastic polymer, a member of the poly aryl ether ketone (PAEK) family. It is a homopolymer having a single monomer. It is a semi-crystalline thermoplastic with exceptional chemical and mechanical properties that are retained even at higher temperatures. It shows resistance to deterioration during various sterilization procedures. Hence it can be sterilized with heat sterilization methods without affecting its properties. Its chemical structure makes it highly resistant to chemical and radiation damage, compatible with reinforcing agents such as glass and carbon fibers, and has greater strength than metals. These properties make it highly suitable for industrial applications.
Market Segmentation
The Middle East and Africa polyether ether ketone (PEEK) market is segmented into three notable segments based on type, application, and end use.
On the basis of type, the Middle East and Africa polyether ether ketone (PEEK) market is classified into glass filled, carbon filled, unfilled, and others
On the basis of application, the Middle East and Africa polyether ether ketone (PEEK) market is classified into bearings, piston parts, pumps, HPLC columns, compressor plate valves, cable insulation, biomedical, and others
On the basis of end use, the Middle East and Africa polyether ether ketone (PEEK) market is classified into aerospace, automotive, food & beverage processing, oil & gas, electrical industry, energy, medical, and others
Market Players
Some key players operating in the Middle East and Africa polyether ether ketone (PEEK) market are:
Evonik Industries AG
Solvay
Freudenberg
Arkema
Avient
SABIC
SAINT-GOBAIN
the Mitsubishi Chemical Group of Companies (A Subsidiary of Mitsubishi Chemical Group Corporation)
TABLE OF CONTENTS
1 INTRODUCTION 21
1.1 OBJECTIVES OF THE STUDY 21
1.2 MARKET DEFINITION 21
1.3 OVERVIEW OF MIDDLE EAST & AFRICA POLYETHER ETHER KETONE (PEEK) MARKET 21
1.4 LIMITATION 22
1.5 MARKETS COVERED 22
2 MARKET SEGMENTATION 26
2.1 MARKETS COVERED 26
2.2 GEOGRAPHICAL SCOPE 27
2.3 YEARS CONSIDERED FOR THE STUDY 28
2.4 CURRENCY AND PRICING 28
2.5 DBMR TRIPOD DATA VALIDATION MODEL 29
2.6 TYPE LIFE LINE CURVE 32
2.7 MULTIVARIATE MODELING 33
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 34
2.9 DBMR MARKET POSITION GRID 35
2.10 MARKET APPLICATION COVERAGE GRID 36
2.11 DBMR MARKET CHALLENGE MATRIX 37
2.12 DBMR VENDOR SHARE ANALYSIS 38
2.13 IMPORT-EXPORT DATA 39
2.14 SECONDARY SOURCES 40
2.15 ASSUMPTIONS 41
3 EXECUTIVE SUMMARY 42
4 PREMIUM INSIGHTS 44
4.1 PESTLE ANALYSIS 45
4.1.1 POLITICAL FACTORS 45
4.1.2 ECONOMIC FACTORS 45
4.1.3 SOCIAL FACTORS 45
4.1.4 TECHNOLOGICAL FACTORS 46
4.1.5 LEGAL FACTORS 46
4.1.6 ENVIRONMENTAL FACTORS 46
4.2 PORTERS FIVE FORCES: 47
4.3 VENDOR SELECTION CRITERIA 49
5 MARKET OVERVIEW 50
5.1 DRIVERS 52
5.1.1 RISING APPLICATIONS OF POLYETHER ETHER KETONE (PEEK) IN VARIOUS INDUSTRIES 52
5.1.2 EXCELLENT CHARACTERISTICS AND PROPERTIES OF PEEK 53
5.1.3 PEEK AS A POTENTIAL ALTERNATIVE TO METALS IN THE AUTOMOTIVE INDUSTRY 53
5.2 RESTRAINTS 54
5.2.1 HIGH COSTS OF POLYETHER ETHER KETONE (PEEK) PRODUCTS 54
5.2.2 EASY AVAILABILITY OF SUBSTITUTES 55
5.3 OPPORTUNITIES 55
5.3.1 RAPID ADVANCEMENT IN MEDICAL AND HEALTHCARE APPLICATION 55
5.3.2 STRINGENT REGULATIONS TO REDUCE CO2 EMISSIONS 56
5.4 CHALLENGES 57
5.4.1 CHALLENGING PROCESSING CONDITIONS FOR POLYETHER ETHER KETONES 57
5.4.2 AN INCREASE IN COMPETITION FROM COMPOSITES AND HYBRID POLYMERS 57
6 MIDDLE EAST & AFRICA POLYETHER ETHER KETONE (PEEK) MARKET, BY TYPE 59
6.1 OVERVIEW 60
6.2 CARBON FILLED 61
6.3 GLASS FILLED 62
6.4 UNFILLED 63
6.5 OTHERS 64
7 MIDDLE EAST & AFRICA POLYETHER ETHER KETONE (PEEK) MARKET, BY APPLICATION 66
7.1 OVERVIEW 67
7.2 BEARINGS 68
7.3 PISTON PARTS 69
7.4 COMPRESSOR PLATE VALVES 69
7.5 HPLC COLUMNS 70
7.6 PUMPS 70
7.7 BIOMEDICAL 71
7.8 CABLE INSULATION 72
7.9 OTHERS 72
8 MIDDLE EAST & AFRICA POLYETHER ETHER KETONE (PEEK) MARKET, BY END-USE 74
8.1 OVERVIEW 75
8.2 AUTOMOTIVE 76
8.3 ELECTRICAL INDUSTRY 77
8.4 AEROSPACE 77
8.5 ENERGY 78
8.6 OIL & GAS 78
8.7 MEDICAL 79
8.8 FOOD & BEVERAGE PROCESSING 80
8.9 OTHERS 80
9 MIDDLE EAST & AFRICA POLYETHER ETHER KETONE (PEEK) MARKET, BY REGION 82
9.1 MIDDLE EAST AND AFRICA 83
9.1.1 SAUDI ARABIA 89
9.1.2 U.A.E. 91
9.1.3 SOUTH AFRICA 93
9.1.4 EGYPT 95
9.1.5 ISRAEL 97
9.1.6 REST OF MIDDLE EAST AND AFRICA 99
10 MIDDLE EAST & AFRICA POLYETHER ETHER KETONE (PEEK) MARKET: COMPANY LANDSCAPE 100
10.1 COMPANY SHARE ANALYSIS: MIDDLE EAST & AFRICA 100
10.2 REGULATORY APPROVAL 101
10.3 PRODUCT LAUNCH 101
10.4 AWARD 101
10.5 MERGER 102
11 SWOT ANALYSIS 103
12 COMPANY PROFILES 104
12.1 VICTREX PLC 104
12.1.1 COMPANY SNAPSHOT 104
12.1.2 REVENUE ANALYSIS 105
12.1.3 COMPANY SHARE ANALYSIS 105
12.1.4 PRODUCT PORTFOLIO 106
12.1.5 RECENT UPDATES 106
12.2 SOLVAY 107
12.2.1 COMPANY SNAPSHOT 107
12.2.2 REVENUE ANALYSIS 107
12.2.3 COMPANY SHARE ANALYSIS 108
12.2.4 PRODUCT PORTFOLIO 108
12.2.5 RECENT UPDATES 109
12.3 SABIC 110
12.3.1 COMPANY SNAPSHOT 110
12.3.2 REVENUE ANALYSIS 110
12.3.3 COMPANY SHARE ANALYSIS 111
12.3.4 PRODUCT PORTFOLIO 111
12.3.5 RECENT UPDATES 112
12.4 THE MITSUBISHI CHEMICAL GROUP OF COMPANIES (A SUBSIDIARY OF MITSUBISHI CHEMICAL GROUP CORPORATION) 113
12.4.1 COMPANY SNAPSHOT 113
12.4.2 REVENUE ANALYSIS 113
12.4.3 COMPANY SHARE ANALYSIS 114
12.4.4 PRODUCT PORTFOLIO 114
12.4.5 RECENT UPDATES 114
12.5 EVONIK INDUSTRIES AG 115
12.5.1 COMPANY SNAPSHOT 115
12.5.2 REVENUE ANALYSIS 115
12.5.3 COMPANY SHARE ANALYSIS 116
12.5.4 PRODUCT PORTFOLIO 116
12.5.5 RECENT UPDATES 117
12.6 ARKEMA 118
12.6.1 COMPANY SNAPSHOT 118
12.6.2 REVENUE ANALYSIS 118
12.6.3 PRODUCT PORTFOLIO 119
12.6.4 RECENT UPDATES 119
12.7 AVIENT 120
12.7.1 COMPANY SNAPSHOT 120
12.7.2 REVENUE ANALYSIS 120
12.7.3 PRODUCT PORTFOLIO 121
12.7.4 RECENT UPDATES 121
12.8 BARLOG PLASTICS GMBH 122
12.8.1 COMPANY SNAPSHOT 122
12.8.2 PRODUCT PORTFOLIO 122
12.8.3 RECENT UPDATES 122
12.9 DAIKIN COMPOUNDING ITALY S.P.A 123
12.9.1 COMPANY SNAPSHOT 123
12.9.2 PRODUCT PORTFOLIO 123
12.9.3 RECENT UPDATES 124
12.10 ENSINGER 125
12.10.1 COMPANY SNAPSHOT 125
12.10.2 PRODUCT PORTFOLIO 125
12.10.3 RECENT UPDATES 126
12.11 FREUDENBERG 127
12.11.1 COMPANY SNAPSHOT 127
12.11.2 PRODUCT PORTFOLIO 127
12.11.3 RECENT UPDATES 127
12.12 FLUOROCARBON GROUP 128
12.12.1 COMPANY SNAPSHOT 128
12.12.2 PRODUCT PORTFOLIO 128
12.12.3 RECENT UPDATES 128
12.13 SAINT-GOBAIN 129
12.13.1 COMPANY SNAPSHOT 129
12.13.2 REVENUE ANALYSIS 129
12.13.3 PRODUCT PORTFOLIO 130
12.13.4 RECENT UPDATES 130
12.14 WESTLAKE PLASTICS 131
12.14.1 COMPANY SNAPSHOT 131
12.14.2 PRODUCT PORTFOLIO 131
12.14.3 RECENT UPDATES 131
13 QUESTIONNAIRE 132
14 RELATED REPORTS 135