CHICAGO, Dec. 9, 2022 /PRNewswire/ -- The global "Polyaryletherketone (PAEK) Market by Type (PEEK, PEK, PEKK), Fillers (Glass-filled, Carbon-filled, Unfilled), Form, Application (Oil & Gas, Electrical & Electronics, Automotive, Medical, Aerospace), and Region - Global Forecast to 2027", is expected to grow from USD 985 million in 2022 to USD 1,362 million by 2027, at a CAGR of 6.7% during the forecast period. The major factors driving the PAEK market include increasing demand in the oil & gas, aerospace, and automotive industries along with the ability of PAEK to replace metals and conventional plastics in various applications, especially at high temperatures.
Read more at prnewswire.comPolyaryletherketone (PAEK) Market Worth $1,362 Million by 2027- Exclusive Report by MarketsandMarkets™
PR Newswire -
Fri Dec 9, 2022
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