Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 3.2 Billion | USD 6.1 Billion | 8.5% | 2022 |
FrequentlyAsked Questions
PEEK Fasteners are a type of fastener constructed from PEEK, a form of plastic. PEEK fasteners are employed in situations where high temperatures or corrosive conditions are present because they can tolerate both. These fasteners are often utilized in aerospace, automotive, and medical applications. PEEK fasteners are commonly used to hold components or assemblies that require a high degree of strength and chemical resistance, such as fuel system components, electrical connectors, and medical implants.
The market growth of the PEEK Fasteners industry is driven by various factors including the increasing automotive and aerospace industry and favorable properties of PEEK fasteners.
According to the report, the global PEEK fasteners market size was worth around USD 3.2 billion in 2022 and is predicted to grow to around USD 6.1 billion by 2030.
The global PEEK Fasteners market is expected to grow at a CAGR of 8.5% during the forecast period.
The global PEEK Fasteners market growth is expected to be driven by the Asia Pacific. It is currently the world’s highest revenue-generating market due to the growing investment in the aerospace industry.
The global PEEK Fasteners market is dominated by players like Arthrex, Bohlender, Craftech Industries, Dongguan Yulong Sealing Technology, E & T Fasteners, Essentra, Extreme Bolt & Fastener, Guangzhou Engineering Plastics Industries, Hirosugi-Keiki, Hitech Fluoro Products, Junhua ChinaPeek, Medacta International, Metrohm, Misumi, Nabeya Bi-Tech, Nippon Chemical Screw, Orthopromed, Peek Fits, Polymerscrew, Premix, Sinco-CNC, Smith+Nephew, SNC Plastic, Spectris (Malvern Instruments), Supreme Plastics, TEI Fasteners, Tulpar Medical Solutions, UVS Plastics, Vital Parts and Zimmer Biomet among others.
The PEEK Fasteners market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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