Polyether ether ketone (PEEK) is a semi-crystalline thermoplastic, which is inert and a thermally stable polymer. It has applications in nuclear, aerospace, temperature resistance interface, medical implants, etc.
Portland, OR -- (SBWIRE) -- 08/05/2017 -- It has specific properties such as high temperature resistance, hydrolysis resistance, self-lubrication, easy processing, and high mechanical strength. PEEK produces small amount of smoke or toxic gas emissions when exposed to flame. It melts at a relatively high temperature compared to other thermoplastics and the range of its melting temperature can be processed using injection molding, extrusion methods, spray forming, or pressing methods.
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Europe and North America together held the major share of the global PEEK market. The market is expected to register substantial growth in the near future, attributed its rapid growth and the increased technological innovations to develop new applications. Strong customer base in Europe also drives the growth of the PEEK market. However, factors such as high price of PEEK contradicts its cost based competitiveness, which is expected to restrain growth.
The report segments the PEEK market on the basis of type, application, and geography. On the basis of type, the market is segmented into unfilled PEEK, carbon filled PEEK, and glass filled PEEK. According to the application, the market is classified into the industrial, electrical & electronics, automotive, medical, aerospace, and others. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.
Recently, Indmatec a German company has succeeded in 3D printing of PEEK parts for vacuum tech applications in July, 2016. Meanwhile, Impossible Objects, an Illinois-based 3D printing materials sciences company, announced development of PEEK that can be 3D printed to make durable, lightweight, and geometrically complex carbon fiber composite parts.
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