Industry News
Technological progress enables the application of polyaryletherketone in emerging fields
Market Analysis of Polyaryletherketone
At present, the market size of the domestic polyaryletherketone industry has not been fully opened, and only Sichuan Feiya New Materials Company is producing polyaryletherketone in the market. From the product structure of Sichuan Feiya New Materials Company, the company's main products are still materials such as PA, ABS, PPS, etc. The proportion of the company's revenue from polyaryletherketone still needs to be improved.
In recent years, the market size of polyaryletherketone has shown a steady growth trend. Polyaryletherketone has received widespread attention due to its excellent physical properties and wide range of applications. The textile industry, automotive manufacturing industry, and aerospace industry around the world are the main application areas of polyaryletherketone. According to the analysis of market demand for polyaryletherketone, the annual compound growth rate of the polyaryletherketone market is expected to exceed 5%. The annual demand for polyaryletherketones in China is huge, and in 2020, the potential demand for polyaryletherketones in China reached 12000 tons.
Under the increasing demand in the electronics and aerospace industries, as well as the promotion of advanced technology, the market size of polyaryletherketones is also showing a steady growth trend. Especially in the context of the rapid development of electric vehicles and the growing global demand for low emission transportation, polyaryletherketone, as a lightweight and high-strength material, has become a new favorite adopted by automobile manufacturers, further promoting the expansion of market size.
Market demand for polyaryletherketone
Industry demand: The demand for high-performance materials in industries such as aerospace, automotive, and medical devices continues to grow, and these industries have a high demand for polyaryletherketones. Especially in areas that require high temperature resistance, corrosion resistance, and excellent mechanical properties, the market demand for polyaryletherketones will continue to increase.
Alternative demand: Analysis of market demand for polyaryletherketone shows that due to its excellent performance, it is sometimes used as a substitute for other materials. With the increasing demand for high-performance materials, the demand for alternatives to polyaryletherketones will also increase.
Emerging applications: With the continuous advancement of technology, polyaryletherketone may be applied in emerging fields, such as 3D printing, new energy technology, etc. These new application areas will also bring new market demand for polyaryletherketones.
Overall, with the increasing demand for high-performance materials and the expansion of emerging application fields, the market demand for polyaryletherketones is expected to continue to grow. However, market competition will also intensify, and manufacturers need to continuously improve product quality and develop new application areas to meet the diverse needs of the market.
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