Aromatic ketone polymers continue to gain robust demand growth from end-user industries driven by superior properties including mechanical stability, and resistance to chemicals and temperature. The semicrystalline high-performance thermoplastics manufacturers market high purity, insulation, and fire protection properties to gain market shares. Growing electric vehicle sales drive the sales of Aromatic ketone polymers owing to ease of complex component fabrication, lightweight, long lifetime, vibration and noise reduction properties. Further, diversification of the AKPs across engineered applications, preference for lightweight composites, 3D printing, and others fuels the long-term market prospects.
AKPs involve high costs, in particular, PEEK and PAEK, due to their excellent thermal stability, mechanical strength, and chemical resistance. Different types of AKPs including PEEK, PAEK, PEK, PEKK, PEKEKK, and Alloys are marketed by healthcare, automotive, oil and gas, and other applications. Prices vary based on the material grade, level of reinforcements, and end-user demand. Accordingly, companies are opting recycling initiatives. For instance, EOS VirtuCycle program is designed for polymer materials to be recycled into high-performance granules, reducing CO2 emissions by 7 kg per kilogram of polymer reused.
Companies offering polymers at low costs for both small and large-scale applications tend to gain significant costs. Despite high costs of the AKPs, the polymers have low to moderate substitutes with comparable toxic emissions, fire-resistance, and performance metrics. For instance, Factory Price PEEK Resin 450g 150 g Peek Polymer price varied from US$ 45-55 / kg exported from China (Jiangsu Aimi Tech Co., Limited).
Lightweight polymer solutions are increasingly marketed for automotive, aerospace, and medical applications. Superior properties including mechanical stability at high temperatures, flame resistance, and chemical durability encourage the sales of APKs. In particular, aerospace applications are increasingly emphasizing weight reduction through design optimization and material engineering. PEKK is widely used in interior parts, air conditioning systems, and structural components to adhere to stringent regulations with superior performance. For instance, EOS GmbH is increasingly focusing high-performance polymers for industrial 3D printing, enabling precise, strong, and lightweight parts.
Aromatic Ketone Polymers continue to gain robust penetration across medical applications driven by physicochemical properties, processability and biocompatibility. High hydrophilicity of the polymers improves the compatibility with inorganic fillers. Poly aryl-ether-ether-ketone (PEEK) is increasingly used as an alternative to metal alloys in orthopedic applications (such as Solvay's Zeniva® PEEK). Also, APKs exhibit modulus values closer to human bone compared to metals like titanium. 3D Printing of Patient-Specific Devices is also a key market driver with EOS and others launching new products. Further, PAEK is used in medical devices like endoscopic tools, orthopedic screws, and trauma plates due to their ability to withstand repeated sterilization without degrading (such as Evonik's VESTAKEEP).
PEEK (Polyetheretherketone) accounts for approximately 84.2% of the aromatic ketone polymers (AKPs) market share, largely driven by its widespread use across various high-performance industries such as aerospace, automotive, medical, and electronics. The drive towards lightweight materials for fuel efficiency in aerospace and automotive sectors, PEEK’s biocompatibility (PEEK-OPTIMA and Zeniva® PEEK), dielectric strength and chemical resistance (E&E industry), emergence of 3D printing technologies, and others strengthen the long-term market potential.
The automotive sector is projected to be the largest revenue generator in the aromatic ketone polymers (AKPs) market, accounting for a 38.9% revenue share. Regulations on carbon emissions and the increasing production of electric vehicles (EVs) supports the sales of AKPs worldwide. AKPs are increasingly deployed for high-temperature automotive components including engine components, powertrain parts, and transmission systems. With EV sales increasing rapidly worldwide, AKPs are increasingly being used in battery housing, insulation, and powertrain systems. Accordingly, Victrex and Solvay launched new high-performance PEEK grades for automotive applications. Similarly, Arkema’s Kepstan® PEKK is also gaining significant business growth.
In 2024, Western Europe continues to dominate the aromatic ketone polymers (AKPs) market, accounting for 34.6% of the global market share, while the Rest of Europe accounted for an additional 3.8% share. Germany, France, and the UK lead in adopting AKPs for lightweight materials, medical implants, and electronic components, due to the stringent regulatory standards for sustainability and energy efficiency. Among regions, Asia Pacific is the fastest growing market with a forecast of 8.5% CAGR between 2024 and 2032. The rapid industrialization in China, India, and Japan, combined with rising investments in sectors such as automotive, electronics, and medical devices, is accelerating the demand for AKPs.
Low capital expenditure involved in plant set-up marks the global Aromatic Ketone Polymers to be fragmented with the presence of both local and global players. Leading companies included in the study are A. Schulman, Inc., Caledonian Ferguson Timpson Ltd, Ensinger GmbH, Evonik Industries AG, GEHR Plastics, Inc., Goodfellow Cambridge Ltd., Greene, Tweed & Co., Inc., J. K. Overseas, PlastiComp, Inc., PolyOne Corporation, Quadrant Group Limited, RTP Company, SABIC Corp, Solvay SA, Tri-Mack Plastics Manufacturing Corporation, Victrex PLC, and others.
Parameter |
Details |
Market Size (2024) |
$1.06 Billion |
Market Size (2032) |
$1.97 Billion |
Market Growth Rate |
8.1% |
Largest Segment- Type |
PEEK (Polyetheretherketone) (84.2% market share) |
Fastest Growing Market- Region |
Asia Pacific (8.5% CAGR) |
Largest Segment- Application |
Automotive (38.9% Revenue Share) |
Segments |
Types, Grades, Technology, Manufacturing Process, Applications |
Study Period |
2018- 2023 and 2024-2032 |
Units |
Revenue (USD) |
Qualitative Analysis |
Porter’s Five Forces, SWOT Profile, Market Share, Scenario Forecasts, Market Ecosystem, Company Ranking, Market Dynamics, Industry Benchmarking |
Companies |
A. Schulman, Inc., Caledonian Ferguson Timpson Ltd, Ensinger GmbH, Evonik Industries AG, GEHR Plastics, Inc., Goodfellow Cambridge Ltd., Greene, Tweed & Co., Inc., J. K. Overseas, PlastiComp, Inc., PolyOne Corporation, Quadrant Group Limited, RTP Company, SABIC Corp, Solvay SA, Tri-Mack Plastics Manufacturing Corporation, Victrex PLC |
Countries |
US, Canada, Mexico, Germany, France, Spain, Italy, UK, Russia, China, India, Japan, South Korea, Australia, South East Asia, Brazil, Argentina, Middle East, Africa |
Type
Application
Countries Analyzed
Aromatic Ketone Polymers Companies Profiled in the Study
*- List Not Exhaustive
About USD Analytics
Table of Contents
1. Executive Summary
What’s New in 2024?
Top 10 Takeaways from the industry
Potential Opportunities for Industry Stakeholders
Strategic Imperatives
Company Market Positioning
Industry Benchmarking Matrix
2. Research Scope and Methodology
Market Definition
Market Segments
Companies Profiled
Research Methodology
Data Sources
Conversion Rates for USD
Abbreviations
3. Strategic Landscape: Key Insights and Implications
Spotlight: Key Strategies opted by Business Leaders
Competitive Landscape
SWOT Analysis
Porter’s Five Force Analysis
Macro-Environmental Analysis
5. Growth Opportunity Analysis
Trends at a Glance
Market Dynamics
Key Industry Stakeholders
Regulatory Landscape
6. Market Size Outlook to 2032
Global Aromatic Ketone Polymers Market Size Forecast, USD Million, 2018- 2032
Scenario Analysis
Pricing Analysis and Outlook
7. Historical Aromatic Ketone Polymers Market Size by Segments, 2018- 2023
Key Statistics, 2024
Aromatic Ketone Polymers Market Size Outlook by Type, USD Million, 2018-2023
Growth Comparison (y-o-y) across Aromatic Ketone Polymers Types, 2018-2023
Aromatic Ketone Polymers Market Size Outlook by Application, USD Million, 2018-2023
Growth Comparison (y-o-y) across Aromatic Ketone Polymers Applications, 2018-2023
8. Aromatic Ketone Polymers Market Size Outlook by Segments, 2024- 2032
Aromatic Ketone Polymers Market Size Outlook by Type, USD Million, 2024-2032
Growth Comparison (y-o-y) across Aromatic Ketone Polymers Types, 2024-2032
Aromatic Ketone Polymers Market Size Outlook by End-Users, USD Million, 2024-2032
Growth Comparison (y-o-y) across Aromatic Ketone Polymers End-Users, 2024-2032
9. Aromatic Ketone Polymers Market Size Outlook by Region
North America
Europe
Asia Pacific
South America
Middle East and Africa
10. United States Aromatic Ketone Polymers Market Analysis and Outlook, 2021- 2032
Key Statistics
United States Aromatic Ketone Polymers Market Size Outlook by Type, 2021- 2032
United States Aromatic Ketone Polymers Market Size Outlook by Application, 2021- 2032
United States Aromatic Ketone Polymers Market Size Outlook by End-User, 2021- 2032
11. Canada Aromatic Ketone Polymers Market Analysis and Outlook, 2021- 2032
Key Statistics
Canada Aromatic Ketone Polymers Market Size Outlook by Type, 2021- 2032
Canada Aromatic Ketone Polymers Market Size Outlook by Application, 2021- 2032
Canada Aromatic Ketone Polymers Market Size Outlook by End-User, 2021- 2032
12. Mexico Aromatic Ketone Polymers Market Analysis and Outlook, 2021- 2032
Key Statistics
Mexico Aromatic Ketone Polymers Market Size Outlook by Type, 2021- 2032
Mexico Aromatic Ketone Polymers Market Size Outlook by Application, 2021- 2032
Mexico Aromatic Ketone Polymers Market Size Outlook by End-User, 2021- 2032
13. Germany Aromatic Ketone Polymers Market Analysis and Outlook, 2021- 2032
Key Statistics
Germany Aromatic Ketone Polymers Market Size Outlook by Type, 2021- 2032
Germany Aromatic Ketone Polymers Market Size Outlook by Application, 2021- 2032
Germany Aromatic Ketone Polymers Market Size Outlook by End-User, 2021- 2032
14. France Aromatic Ketone Polymers Market Analysis and Outlook, 2021- 2032
Key Statistics
France Aromatic Ketone Polymers Market Size Outlook by Type, 2021- 2032
France Aromatic Ketone Polymers Market Size Outlook by Application, 2021- 2032
France Aromatic Ketone Polymers Market Size Outlook by End-User, 2021- 2032
15. United Kingdom Aromatic Ketone Polymers Market Analysis and Outlook, 2021- 2032
Key Statistics
United Kingdom Aromatic Ketone Polymers Market Size Outlook by Type, 2021- 2032
United Kingdom Aromatic Ketone Polymers Market Size Outlook by Application, 2021- 2032
United Kingdom Aromatic Ketone Polymers Market Size Outlook by End-User, 2021- 2032
10. Spain Aromatic Ketone Polymers Market Analysis and Outlook, 2021- 2032
Key Statistics
Spain Aromatic Ketone Polymers Market Size Outlook by Type, 2021- 2032
Spain Aromatic Ketone Polymers Market Size Outlook by Application, 2021- 2032
Spain Aromatic Ketone Polymers Market Size Outlook by End-User, 2021- 2032
16. Italy Aromatic Ketone Polymers Market Analysis and Outlook, 2021- 2032
Key Statistics
Italy Aromatic Ketone Polymers Market Size Outlook by Type, 2021- 2032
Italy Aromatic Ketone Polymers Market Size Outlook by Application, 2021- 2032
Italy Aromatic Ketone Polymers Market Size Outlook by End-User, 2021- 2032
17. Benelux Aromatic Ketone Polymers Market Analysis and Outlook, 2021- 2032
Key Statistics
Benelux Aromatic Ketone Polymers Market Size Outlook by Type, 2021- 2032
Benelux Aromatic Ketone Polymers Market Size Outlook by Application, 2021- 2032
Benelux Aromatic Ketone Polymers Market Size Outlook by End-User, 2021- 2032
18. Nordic Aromatic Ketone Polymers Market Analysis and Outlook, 2021- 2032
Key Statistics
Nordic Aromatic Ketone Polymers Market Size Outlook by Type, 2021- 2032
Nordic Aromatic Ketone Polymers Market Size Outlook by Application, 2021- 2032
Nordic Aromatic Ketone Polymers Market Size Outlook by End-User, 2021- 2032
19. Rest of Europe Aromatic Ketone Polymers Market Analysis and Outlook, 2021- 2032
Key Statistics
Rest of Europe Aromatic Ketone Polymers Market Size Outlook by Type, 2021- 2032
Rest of Europe Aromatic Ketone Polymers Market Size Outlook by Application, 2021- 2032
Rest of Europe Aromatic Ketone Polymers Market Size Outlook by End-User, 2021- 2032
20. China Aromatic Ketone Polymers Market Analysis and Outlook, 2021- 2032
Key Statistics
China Aromatic Ketone Polymers Market Size Outlook by Type, 2021- 2032
China Aromatic Ketone Polymers Market Size Outlook by Application, 2021- 2032
China Aromatic Ketone Polymers Market Size Outlook by End-User, 2021- 2032
21. India Aromatic Ketone Polymers Market Analysis and Outlook, 2021- 2032
Key Statistics
India Aromatic Ketone Polymers Market Size Outlook by Type, 2021- 2032
India Aromatic Ketone Polymers Market Size Outlook by Application, 2021- 2032
India Aromatic Ketone Polymers Market Size Outlook by End-User, 2021- 2032
22. Japan Aromatic Ketone Polymers Market Analysis and Outlook, 2021- 2032
Key Statistics
Japan Aromatic Ketone Polymers Market Size Outlook by Type, 2021- 2032
Japan Aromatic Ketone Polymers Market Size Outlook by Application, 2021- 2032
Japan Aromatic Ketone Polymers Market Size Outlook by End-User, 2021- 2032
23. South Korea Aromatic Ketone Polymers Market Analysis and Outlook, 2021- 2032
Key Statistics
South Korea Aromatic Ketone Polymers Market Size Outlook by Type, 2021- 2032
South Korea Aromatic Ketone Polymers Market Size Outlook by Application, 2021- 2032
South Korea Aromatic Ketone Polymers Market Size Outlook by End-User, 2021- 2032
24. Australia Aromatic Ketone Polymers Market Analysis and Outlook, 2021- 2032
Key Statistics
Australia Aromatic Ketone Polymers Market Size Outlook by Type, 2021- 2032
Australia Aromatic Ketone Polymers Market Size Outlook by Application, 2021- 2032
Australia Aromatic Ketone Polymers Market Size Outlook by End-User, 2021- 2032
25. South East Asia Aromatic Ketone Polymers Market Analysis and Outlook, 2021- 2032
Key Statistics
South East Asia Aromatic Ketone Polymers Market Size Outlook by Type, 2021- 2032
South East Asia Aromatic Ketone Polymers Market Size Outlook by Application, 2021- 2032
South East Asia Aromatic Ketone Polymers Market Size Outlook by End-User, 2021- 2032
26. Rest of Asia Pacific Aromatic Ketone Polymers Market Analysis and Outlook, 2021- 2032
Key Statistics
Rest of Asia Pacific Aromatic Ketone Polymers Market Size Outlook by Type, 2021- 2032
Rest of Asia Pacific Aromatic Ketone Polymers Market Size Outlook by Application, 2021- 2032
Rest of Asia Pacific Aromatic Ketone Polymers Market Size Outlook by End-User, 2021- 2032
27. Brazil Aromatic Ketone Polymers Market Analysis and Outlook, 2021- 2032
Key Statistics
Brazil Aromatic Ketone Polymers Market Size Outlook by Type, 2021- 2032
Brazil Aromatic Ketone Polymers Market Size Outlook by Application, 2021- 2032
Brazil Aromatic Ketone Polymers Market Size Outlook by End-User, 2021- 2032
28. Argentina Aromatic Ketone Polymers Market Analysis and Outlook, 2021- 2032
Key Statistics
Argentina Aromatic Ketone Polymers Market Size Outlook by Type, 2021- 2032
Argentina Aromatic Ketone Polymers Market Size Outlook by Application, 2021- 2032
Argentina Aromatic Ketone Polymers Market Size Outlook by End-User, 2021- 2032
29. Rest of South America Aromatic Ketone Polymers Market Analysis and Outlook, 2021- 2032
Key Statistics
Rest of South America Aromatic Ketone Polymers Market Size Outlook by Type, 2021- 2032
Rest of South America Aromatic Ketone Polymers Market Size Outlook by Application, 2021- 2032
Rest of South America Aromatic Ketone Polymers Market Size Outlook by End-User, 2021- 2032
30. United Arab Emirates Aromatic Ketone Polymers Market Analysis and Outlook, 2021- 2032
Key Statistics
United Arab Emirates Aromatic Ketone Polymers Market Size Outlook by Type, 2021- 2032
United Arab Emirates Aromatic Ketone Polymers Market Size Outlook by Application, 2021- 2032
United Arab Emirates Aromatic Ketone Polymers Market Size Outlook by End-User, 2021- 2032
31. Saudi Arabia Aromatic Ketone Polymers Market Analysis and Outlook, 2021- 2032
Key Statistics
Saudi Arabia Aromatic Ketone Polymers Market Size Outlook by Type, 2021- 2032
Saudi Arabia Aromatic Ketone Polymers Market Size Outlook by Application, 2021- 2032
Saudi Arabia Aromatic Ketone Polymers Market Size Outlook by End-User, 2021- 2032
32. Rest of Middle East Aromatic Ketone Polymers Market Analysis and Outlook, 2021- 2032
Key Statistics
Rest of Middle East Aromatic Ketone Polymers Market Size Outlook by Type, 2021- 2032
Rest of Middle East Aromatic Ketone Polymers Market Size Outlook by Application, 2021- 2032
Rest of Middle East Aromatic Ketone Polymers Market Size Outlook by End-User, 2021- 2032
33. South Africa Aromatic Ketone Polymers Market Analysis and Outlook, 2021- 2032
Key Statistics
South Africa Aromatic Ketone Polymers Market Size Outlook by Type, 2021- 2032
South Africa Aromatic Ketone Polymers Market Size Outlook by Application, 2021- 2032
South Africa Aromatic Ketone Polymers Market Size Outlook by End-User, 2021- 2032
34. Rest of Africa Aromatic Ketone Polymers Market Analysis and Outlook, 2021- 2032
Key Statistics
Rest of Africa Aromatic Ketone Polymers Market Size Outlook by Type, 2021- 2032
Rest of Africa Aromatic Ketone Polymers Market Size Outlook by Application, 2021- 2032
Rest of Africa Aromatic Ketone Polymers Market Size Outlook by End-User, 2021- 2032
35. Key Companies
Market Share Analysis
Company Benchmarking
Financial Analysis
36. Recent Market Developments
37. Appendix
Looking Ahead
Research Methodology
Legal Disclaimer
Types
PEEK (polyether ether ketone)
PEKK (polyetherketoneketone)
PEK (polyetherketone)
Applications
Aerospace
Automotive
Electrical & electronics
Energy & Utility
Manufacturing
Medical
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
The global Aromatic Ketone Polymers market size to increase from $1.06 Billion in 2024 to $1.97 Billion in 2032, registering a CAGR of 8.1% during the forecast period
PEEK (Polyetheretherketone) (84.2% market share), Automotive (38.9% Revenue Share)
Americhem Polymers, ChemSrc, DIC Corp, Drake Plastics Ltd Co., Evonik Industries AG, Fengchen Group Co. Ltd, Kalpsutra Chemicals Pvt. Ltd, LyondellBasell Industries Holdings B.V., Merck KGaA, Royal Dutch Shell plc, Solvay S.A., Victrex plc.
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2030; Currency: Revenue (USD); Volume
Aromatic Ketone Polymers