Polyetheretherketone Market: Rising Trend of Miniaturizing Electrical Components Creating Lucrative Opportunities : TMR
In 2015, Victrex plc held the dominant share of 66.3% in the global polyetheretherketone (PEEK) market . This defined the highly consolidated vendor landscape of the market. Solvay S.A., which emerged as the second lead in the same here was far behind occupying a little over 14% of the overall market. Among other companies making their presence felt in the overall polyetheretherketone market, Evonik Industries and Panjin Zhongrun High Performance Engineering Plastic Co., Ltd have a stronger foothold, finds Transparency Market Research (TMR) in a new report. “On account of being technologically sensitive, the PEEK market caters to niche applications,” observed the TMR report’s author. This is one of the key reasons why the prime focus of producers is on constantly upgrading their product portfolios. Besides this, increasing production capacities and the development of novel products are a few strategies sought by the market players. Obtain Report Details @ ...