PEEK Market worth $2.14 billion by 2030 - Exclusive Report by MarketsandMarkets™

DELRAY BEACH, Fla., May 8, 2025 /PRNewswire/ -- The report "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", PEEK 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.

Browse in-depth TOC on "PEEK Market"

45 – Tables
150 – Figures
180 – Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=928

PEEK is a highly versatile and durable thermoplastic polymer recognized for its outstanding resistance to high temperatures, chemicals, and mechanical stress. Its unique combination of properties makes it an ideal material for critical applications across sectors like aerospace, automotive, medical, oil and gas, and electrical and electronics. PEEK can be processed through injection molding and extrusion methods, and is available in various reinforcement forms, including unfilled, glass-filled, and carbon-filled types, allowing customization based on end-use requirements. The market for polyether ether ketone is witnessing strong growth, driven by the rising demand for lightweight, high-performance materials that can enhance fuel efficiency, reduce emissions, and extend the lifespan of components.

The glass-filled PEEK segment is expected to account for the largest share of the polyether ether ketone market by reinforcement type during the forecast period in terms of volume.

By reinforcement type, the glass-filled PEEK segment is estimated to have the largest market share by volume. Glass-filled PEEK is expected to account for the largest share of the polyether ether ketone (PEEK) market in terms of volume during the forecast period due to its enhanced mechanical properties and a wide applicability across various industries. By incorporating glass fibers into the PEEK matrix, the material gains improved strength, stiffness, and dimensional stability compared to unfilled PEEK, making it highly suitable for demanding applications. Industries such as automotive, aerospace, electrical and electronics, and oil and gas prefer glass-filled PEEK components because they can withstand high mechanical loads, resist wear, and maintain performance in harsh operating conditions. Moreover, glass-filled PEEK offers an excellent balance of cost and performance, making it a more economical choice for structural and semi-structural applications than carbon-filled grades. Its growing use in producing connectors, insulators, bearing cages, and structural parts further supports its rising demand. As industries increasingly prioritize lightweight, durable, and high-strength materials to meet regulatory standards and improve operational efficiency, the preference for glass-filled PEEK is expected to grow steadily, driving its dominant share in the market during the forecast period.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=928

By end user, the electrical & electronics segment is expected to account for the largest market share in terms of volume during the forecast period.

Based on end user, the electrical & electronics segment is estimated to account for the largest share of the market during the forecast period. The electrical & electronics segment is expected to account for the largest share of the polyether ether ketone (PEEK) market during the forecast period due to the material's exceptional properties that meet the high-performance demands of this industry. PEEK's excellent electrical insulating properties, heat resistance, and durability under extreme conditions make it an ideal choice for electrical connectors, cables, sensors, and other electronic components. As electronic devices become more compact, powerful, and energy-efficient, the demand for materials that can withstand high temperatures, resist chemical exposure, and provide consistent performance over time has surged. With its ability to retain structural integrity at elevated temperatures, PEEK is increasingly used in high-temperature connectors, microchip components, and insulators, which are essential for the functionality and longevity of electrical and electronic devices. Moreover, the growing trend of miniaturization and the need for lightweight materials in electronics is further driving PEEK adoption. With continued technological advancements in consumer electronics, telecommunications, and industrial automation, the electrical & electronics sector is poised to lead the PEEK market in terms of growth, significantly contributing to its overall expansion during the forecast period.

Asia Pacific is projected to register the largest market share during the forecast period.

Asia Pacific is estimated to lead the market during the forecast period. It is expected to account for the largest share of the polyether ether ketone (PEEK) market during the forecast period due to several key factors. The region has witnessed rapid industrialization, particularly in countries such as China, Japan, India, and South Korea, driving the demand for high-performance materials in various sectors like automotive, aerospace, electrical & electronics, and medical. The growth of manufacturing and export activities in these countries, combined with an increasing focus on advanced technologies, is fueling the demand for PEEK, especially in applications that require durability, high heat resistance, and chemical stability. Moreover, the expanding automotive industry in the region, particularly with the rise of electric vehicles (EVs), is significantly boosting the demand for PEEK-based components in thermal management and fuel systems. The healthcare sector in Asia Pacific is also increasingly adopting PEEK due to its biocompatibility for medical implants and devices. The availability of a robust manufacturing base, cost advantages, and increasing investment in R&D by companies in the region further enhance the growth potential of PEEK. As a result, Asia Pacific is expected to dominate the PEEK market, accounting for a significant share during the forecast period.

Request Customization: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=928

Some of the leading players in this market include Victrex Plc. (UK), Syensqo (Belgium), Evonik Industries AG (Germany), Jilin Joinature Polymer Co., Ltd. (China), and Junhua (China).

Get access to the latest updates on PEEK Companies and PEEK Market Size

Browse Adjacent Market: Specialty Chemicals Market Research Reports & Consulting

Related Reports:

Long Fiber Thermoplastics Market - Global Forecast to 2027

Polyaryletherketone (PAEK) Market - Global Forecast to 2027

TPU Companies

Aerospace Composites Companies

Personal Protective Equipment Companies

About MarketsandMarkets™ 

MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter , LinkedIn and Facebook .

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: [email protected]
Visit Our Website: https://www.marketsandmarkets.com/ 

Logo: https://mma.prnewswire.com/media/1868219/MarketsandMarkets_Logo.jpg

SOURCE MarketsandMarkets