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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
PEEK is a real workhorse that can handle harsh situations with ease. At room temperature, its carbon and glass reinforced grades are among of the strongest polymers known to man. PEEK is renowned for its superb processing and workability since it can be precisely machined or injection molded.
PEEK is not as widely employed in the automotive industry as Torlon, despite being widely used in the semiconductor, oil and gas, aerospace, medical, and food industries due to its chemical inertness.
The Global Automotive PEEK Plastics market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
The biocompatible high-performance polymers developed by Evonik under the VESTAKEEP® PEEK trademark are being expanded for use in medical technologies.
A new radiopaque plastic material with implant-quality has been created by the specialty chemical firm using polyether ether ketone as a base. PEEK is a high-performance polymer made by Evonik that has long been used successfully in medical equipment.
The product is simple to produce, displays outstanding biocompatibility and biostability, and has a long history of use in medical technology applications including spinal implants, sports medicine, cardiovascular devices, maxillofacial surgery, and others as a high-performance material.
The i-Grade PEEK material is provided by Evonik as granulate or semi-finished goods like plastic plates or rods.
Different compound fill rates for VESTAKEEP® i-Grade PEEK with Barium Sulfate are available to meet the needs of various applications. In the creation and production of high-performance plastics, Evonik has more than 50 years of experience.
Nearly all industrial applications are covered by the wide variety of products. The core of Evonik's corporate strategy consists of a concentration on more niche companies, innovative strength that is customer-oriented, and a corporate culture that is based on trust and performance. They are the key to sustainable value growth that is profitable for the business.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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