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According to the relevant forecast of Sullivan Consulting, assuming that the main end-use products of PEEK materials in China remain unchanged, the market demand of PEEK materials in China will increase from 2334 tons to 5079 tons from 2022 to 2027, with a compound annual growth rate of about 16.8%. The market scale will increase from 1.496 billion yuan to 2.838 billion yuan, corresponding to a compound annual growth rate of about 13.7%.Everbright Securities Research Report shows that compared with general metal, PEEK material can obviously reduce the self-weight of the material and achieve lightweight while meeting the required strength.

PEEK material is the abbreviation of polyether ether ketone, which is a special engineering plastic. Under the background of strong application demand of humanoid robots and new energy vehicles, the market of PEEK material is expected to grow rapidly because of its advantages in lightweight and physical properties.Everbright Securities Research Report shows that compared with general metal, PEEK material can obviously reduce the self-weight of the material and achieve lightweight while meeting the required strength.

Guojin Securities said that PEEK material belongs to special engineering plastics and has the advantages of heat resistance, flame retardancy, wear resistance, corrosion resistance and self-lubrication. Compared with engineering plastics, PEEK has both rigidity and toughness. Compared with metal materials, PEEK material has high strength and light weight, so it is suitable for medical care, automobiles and robots.According to the relevant forecast of Sullivan Consulting, assuming that the main end-use products of PEEK materials in China remain unchanged, the market demand of PEEK materials in China will increase from 2334 tons to 5079 tons from 2022 to 2027, with a compound annual growth rate of about 16.8%. The market scale will increase from 1.496 billion yuan to 2.838 billion yuan, corresponding to a compound annual growth rate of about 13.7%.