Pro
Healthcare & Pharma
Africa Corporate Wellness Market, by End User, 2018-2027
| Label | USD Million |
|---|---|
| 2018 | 0.9901815277431736 USD Million |
| 2019 | 1.0141647707661638 USD Million |
| 2020 | 1.0450448923250613 USD Million |
| 2021 | 1.0540271556151957 USD Million |
| 2022 | 1.0492860834151956 USD Million |
| 2023 | 1.057792291222021 USD Million |
| 2024 | 1.0737909151315053 USD Million |
| 2025 | 1.095576208126027 USD Million |
| 2026 | 1.124814132831239 USD Million |
| 2027 | 1.1754303788713618 USD Million |
| 2028 | 1.235481434775284 USD Million |
| 2029 | 1.3061225733426864 USD Million |
| 2030 | 1.3887543921642738 USD Million |
| 2031 | 1.4850679293927136 USD Million |
| 2032 | 1.5971006431160122 USD Million |
Data Source: Wantstats Repository
Market Dynamics
Europe Polyaryletherketone Market Outlook for 2018 to 2032 The demand for polyaryletherketone (PAEK) in the European market is expected to witness a steady growth over the forecast period of 2018-2032. This can be attributed to the increasing demand for high performance plastics in various end-use sectors such as electrical & electronics, automotive, and aerospace within the region. Owing to its superior properties such as strength, heat resistance, chemical resistance, dimensional stability, and toughness, PAEK is increasingly finding applications in rising end-use sectors, driving the demand for PAEK in the European market. The automotive industry is one of the major end-use sectors driving the demand for PAEK in Europe. Owing to its superior properties such as dimensional stability and minimum deformation even at temperatures of around 170⁰C, PAEK finds an increasing number of applications in the automotive sector. As such, the presence of Europe’s large automotive industry, with major automobile players such as Volkswagen and Fiat Chrysler located in the region is expected to increase the demand for PAEK. The rising demand for 3D printing in Europe is another factor driving the demand for PAEK in the region.
Owing to its superior thermal stability as well as its ability to withstand extreme temperatures during the 3D printing cycle, PAEK is increasingly being used as a printing material in the 3D printing industry. As such, the rising trend of 3D printing in Europe is expected to propel the demand for PAEK materials over the coming years. The development of bio-based PAEK is another major factor driving the demand for PAEK in Europe. Bio-based materials are of growing interest for uses in materials engineering due to their sustainable nature, as well as their beneficial properties. As such, the increasing development of bio-based PAEK materials is expected to boost the demand for PAEK in the European market over the forecast period. Furthermore, the increasing presence of major PAEK manufacturers in the European region is also expected to serve as a major driver for the PAEK market in Europe over the forecast period. Prominent PAEK manufacturers such as Lanxess AG, Solvay, and BASF SE are present in the European market, with their PAEK products targeting numerous end-use industries.
As such, these company’s increasing demand for PAEK in Europe is expected to serve as a major driver for the PAEK market in the region.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.