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Global PEEK Tubing Market Demand & Forecast Analysis, 2016 - 2032

Introduction to PEEK Tubing Market

PEEK tubes and pipes are a part of high-performance engineering polymer material solutions in the Tubing industry. PEEK tubes are used as an alternate light weight, high temperature resistance and high-pressure tolerance tubes to other materials like steel, aluminium, glass, and polymer materials (PTFE, PVDF, PPS, PFA, THV, PAI etc). Almost 14 to 18% of global PEEK produced is converted into tubes / pipes. Tubing made from PEEK find application in end-use industries like oil & gas, chemicals, energy, aerospace, defence, medical, electrical & electronics, analytical equipment, automotive, pharmaceutical, and nuclear. While oil & gas makes up for the largest share in the PEEK Tubing market, significant volumes are also consumed in aerospace, medical and laboratory sectors.

PEEK Tubing Market, By End Use

Major PEEK Tubing end-use includes: Oil & Gas, Aerospace & Defence, Medical, Laboratory, and various others miscellaneous applications. Oil & gas accounts for the largest market share followed by aerospace & defence. Around 80% of PEEK Tubing demand is from oil & gas and transportation (Automotive, Aerospace & Defence) industry. Oil & gas and aerospace industries use PEEK based tubes & pipes that are larger in diameter, leading to larger volume consumption of PEEK resins. PEEK tubes used in medical and laboratory industry on the other hand, are smaller in diameter, leading to less volume consumption of PEEK resins. However, tubes in laboratory and medical applications are comparatively costlier, giving it a competitive edge over other applications. The high-value markets of laboratory and medical are encouraging PEEK Tubing manufacturers to provide PEEK tubes for these industries. Both laboratory and medical industries are anticipated to witness the fastest growth compared to other sectors, with a CAGR of 11.5% and 11.6% respectively.

Global PEEK Tubing Demand, By End-Use, 2016-2032 (Tons)

PEEK Tubing Market By End-Use
Source: Secondary & Primary Research and Prismane Consulting estimates
During the forecast period, growth in the PEEK Tubing market will strongly depend on the economic growth as well as developments in end-use industries like laboratory and medical. Countries like USA, Germany, France, China, South Korea, and India represent high potential for its market growth. The consumption growth rate will be dramatically different in major regions of the world. USA and Western Europe collective accounts for over 60% of global PEEK Tubing production and are anticipated to continue dominating the PEEK Tubing market until the end of the forecast period, although their market share is estimated to decrease slowly & steadily, with the growing PEEK Tubing market in Asia-Pacific. Technological advancements in the fields of Oil & Gas, Aerospace, Life Sciences and Healthcare in countries like USA, Germany and France are anticipated to drive the global PEEK Tubing market.

Global PEEK Tubing Demand, By Region, 2022 (Tons)

PEEK Tubing Market By Region
Source: Secondary & Primary Research and Prismane Consulting estimates

PEEK Tubing Market, By Region 

North America dominates the global PEEK Tubing market, accounting for 1/3rd of the global market, followed by Western Europe. Oil & gas constituted for the largest end use, accounting for a 40% global PEEK Tubing demand. It is followed by aerospace & defence, medical, laboratory, with a combined share of 55%. USA accounted for 96% of the North America PEEK Tubing market, followed by Mexico at and Canada together accounting for the remaining share in region PEEK Tubing market

In 2022, Asia-Pacific accounted for 1/4th of the global PEEK Tubing demand. The region is a major consumer, on the back of strong demand from Japan. The country represented around 35% of the regional PEEK Tubing market, followed by China and South Korea at 30% and 18% respectively.

PEEK Tubing Market Dynamics

PEEK is a high-quality polymer with unique properties and is the preferred material for most of the high-end applications of segments like aerospace, medical, and oil & gas. Medical grade PEEK costs much higher in comparison to other grades on account of high cost of research & development, manufacturing process and technology. Since no other equivalent alternatives are available, PEEK producers often keep the prices as high as 5-20 times than that of other engineering plastics like PTFE. High performance engineering plastics compete with each other, and the relatively cheaper options are gaining more market share compared to costlier engineering plastics like PEEK. The market of polysulfones penetrated the very high-end applications as blending option with PEEK and this market saw very high supply tightness at least till 2016.

Key Players in PEEK Tubing Market

Saint Gobain, Zeus Industrial Products, Inc, Shanghai Eco Polymer Sci. & Tech. Co., Ltd., Camitec, Optinova, Nirei Industry Co., Ltd, Putnam Plastics, Teleflex Medical OEM, AP Technologies, Lubrizol, and Spectrum Plastics Group are some of the key players in the PEEK Tubing Market.

Scope of Report

The Polyether Ether Ketone (PEEK) report describes the global PEEK market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand Analysis
•  Demand Composition, by End Use
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Demand Balance 
•  PEEK Tubing Market data in terms of volume and value for each end-use 
   at regional and country level
•  PEEK Tubing Market analysis for capacity and demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment

1.  Introduction
      •  Scope
      •  Market Coverage
          -  End Use
          -  Regions
          -  Countries
      •  Years Considered
          -  Historical - 2016 – 2021
          -  Base - 2022
          -  Forecast Period - 2023 – 2032
      •  Research Methodology
          -  Approach
          -  Research Methodology
          -  Prismane Consulting Market Models
          -  Assumptions & Limitations
          -  Abbreviations & Definitions
          -  Conversion Factors
          -  Data Sources
2.  Market Synopsis 
      •  Market Evolution
      •  Demand Overview
      •  Industry Structure
      •  Strategic Issues
      •  End-use Trends
      •  Growth Forecast
3.  Economic & Energy Outlook
      •  GDP and Demographics
      •  Monetary & Fiscal Policies
      •  Crude Oil Production and prices
      •  Natural Gas
      •  Electricity Prices
4.  End-use Sector Performance
      • Automotive
      • Electrical & Electronics
      • Aerospace
      • Oil & Gas
      • Medical
      • Others 
5.  Introduction to PEEK Tubing and Market Overview 
      •  Product Description
      •  Grades & Properties
      •  Raw Material
      •  Manufacturing Process
      •  Environmental Issues
      •  Value Chain
      •  Applications
6.  Market Dynamics and Industry Trends 
      •  Market Dynamics and COVID-19 Impact
          -  Drivers
          -  Restraints
          -  Opportunities
          -  Challenges
7.  Global PEEK Tubing Demand Analysis, By End Use, (Volume, Value) (2016–2032)
      •  Strategic Issues and COVID-19 Impact
      •  Demand Analysis and Forecast (2016 – 2032)
          -  Demand
          -  Demand Growth Rate (%)
          -  Driving Force Analysis
      •  Global PEEK Tubing Market, By End Use
          - Automotive
          - Aerospace & Defence
          - Laboratory
          - Oil & Gas
          - Medical
                -  Catheters
                -  Medical Devices
                -  Others
          - Electrical & Electronics
          - Others
8.  Demand Analysis and Market Review, By Region, By Country (Volume, Value), (2016– 2032)
      •  Strategic Issues and COVID-19 Impact
      •  Demand Analysis and Forecast (2016-2032)
      •  Demand Growth Rate (%)
      •  PEEK Tubing Market, By Application
Note: Demand Analysis has been provided for all major Regions / Countries as mentioned below. The demand(consumption) split by flash point and end-use has been provided for each of the countries/regions in Volume (tons) and Value (USD Million).
      •  North America
         -  USA
         -  Canada
         -  Mexico
      •  Western Europe
         -  Germany
         -  France
         -  Italy
         -  United Kingdom
         -  Spain
         -  Rest of Western Europe
      •  Central & Eastern Europe
         -  Russia
         -  Poland
         -  Rest of Central & Eastern Europe
      •  Asia-Pacific
         -  China
         -  Japan
         -  India
         -  South Korea
         -  Taiwan
         -  ASEAN
         -  Rest of Asia-Pacific
      •  Central & South America
      •  Middle East & Africa
Note: CAGR will be calculated for all the flash point and end-use to arrive at the regional/global demand growth for the forecast period (2023 – 2032)
9.  Pricing Analysis
10.  Key Strategic Issues and Business Opportunity Assessment 
      •  Market Attractiveness Assessment
      •  Prospective & Target Market Study
11.  Strategic Recommendation & Suggestions
12.  Company Analysis and Market Share Analysis
      •  PEEK Tubing Manufacturers Profiles/ Company Analysis
         -  Basic Details
         -  Headquarter, Key Markets
         -  Ownership
         -  Company Financial
         -  Manufacturing Bases
         -  Global Turnover
         -  Total Employee
         -  Product Portfolio / Services / Solutions
         -  Recent Developments
         -  Companies Covered
             - Saint Gobain
             - Zeus Industrial Products, Inc
             - Shanghai Eco Polymer Sci. & Tech. Co., Ltd.
             - Camitec
             - Optinova
             - Nirei Industry Co., Ltd
             - Putnam Plastics
             - Teleflex Medical OEM
             - AP Technologies
             - Lubrizol
             - Spectrum Plastics Group
             - Other Manufacturers
Note: This section includes company information, company financials, manufacturing bases, and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports, or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.
13.  Appendices
      •  Demand- Regions
      •  Demand– Countries

Scope of Report

The Polyether Ether Ketone (PEEK) report describes the global PEEK market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand Analysis
•  Demand Composition, by End Use
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Demand Balance 
•  PEEK Tubing Market data in terms of volume and value for each end-use 
   at regional and country level
•  PEEK Tubing Market analysis for capacity and demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment


Frequently Asked Questions

Who are some of the major PEEK Tubing producers?
Saint Gobain, Zeus Industrial Products, Inc, Shanghai Eco Polymer Sci. & Tech. Co., Ltd., Camitec, Optinova, Nirei Industry Co., Ltd, Putnam Plastics, Teleflex Medical OEM, AP Technologies, Lubrizol, and Spectrum Plastics Group are some of the key players in the PEEK Tubing Market.
Which region dominates the global PEEK Tubing Market?
North America dominates the global PEEK Tubing market, accounting for 1/3rd of the global market, followed by Western Europe.
What are the major end use of PEEK Tubing?
Major PEEK Tubing end-use includes: Oil & Gas, Aerospace & Defence, Medical, Laboratory, and various others miscellaneous applications.