The Role of Research and Development in the PAEK Market

December 8, 2023 ⚊ 1 Min read ⚊ Views 57 ⚊ NEWS

Global Polyaryletherketone (PAEK) Market was valued at US $ 1110.1 Million in 2022 and is expected to reach US $ 2085.2 Million by 2030 growing at a CAGR of 8.2% during the forecast period 2023 – 2030.
PAEK, a high-performance polymer, finds its stronghold in industries such as aerospace, automotive, electronics, medical devices, and more. One of the pivotal factors propelling the PAEK market is its exceptional thermal and chemical resistance, making it an ideal choice for applications demanding durability and reliability. As industries continue to evolve, the demand for lightweight yet robust materials intensifies, positioning PAEK as a frontrunner in material innovation.

Read details: https://factviewresearch.com/report/global-polyaryletherketone-paek-market

Tags: market analysis, market insights, market research

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