Market Dynamics
• Drivers
✓ Rising demand for PEEK in aerospace and automotive industries
✓ Replacement of metals and other conventional materials by PEEK
✓ Rapid growth in emerging economies coupled with improving economic conditions in developed
economies
• Restraints
✓ High price of PEEK compared to conventional materials
✓ Increasing competition from hybrid polymers and composites
• Opportunities
✓ Emerging applications for PEEK
• Challenges
✓ Challenging processing conditions
✓ Global economic slowdown
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