Pro
Healthcare & Pharma
Africa Corporate Wellness Market, by End User, 2018-2027
| Label | USD Million |
|---|---|
| 2018 | 0.13763523235630115 USD Million |
| 2019 | 0.1429972326780291 USD Million |
| 2020 | 0.14944141960248378 USD Million |
| 2021 | 0.15283393756420338 USD Million |
| 2022 | 0.15424505426203378 USD Million |
| 2023 | 0.15463180669242985 USD Million |
| 2024 | 0.1560929801815541 USD Million |
| 2025 | 0.15836360402376343 USD Million |
| 2026 | 0.16166887293471444 USD Million |
| 2027 | 0.16798052785738163 USD Million |
| 2028 | 0.17554883693907755 USD Million |
| 2029 | 0.1845136405764347 USD Million |
| 2030 | 0.1950453911181463 USD Million |
| 2031 | 0.20735043372641437 USD Million |
| 2032 | 0.2216775692645045 USD Million |
Data Source: Wantstats Repository
Market Dynamics
Germany accounts for one of the major segments of the European Polyaryletherketone (PEEK) market, mainly because of its widespread medical and automotive industries, as well as competitiveness in the chemical industry. PEEK is a thermoplastic material that combines superior thermal and chemical resistance, along with high rigidity and strength for functional parts. PEEK can be processed by various methods such as injection molding, extrusion processing and lamination molding. In the automotive industry, PEEK is becoming increasingly demanded as the ideal material for fuel systems, heating systems, brake systems, engine components and turbochargers due to its exceptional properties. Medical uses of PEEK include artificial joint components, implants, stents, artificial heart valves and others for its high thermal and fatigue resistance. In terms of upcoming trends, PEEK is expected to be at the forefront of advanced plastic developments due to its popular and novel properties that allow it to resist temperatures up to 300 °C, hot water and many chemicals. Moreover, the development of new grades of PEEK that offer enhanced properties such as flame retardancy, processability, adhesion and strength are expected to create new market segments for the material.
On the regulatory front, German regulations have become stricter over the past few years with the introduction of regulations like Packaging Law, Ecodesign and RoHS 2.0, which focus on production process and end-product quality. Additionally, the European Union also puts efforts to reduce the amount of chemicals used in production and it may act as an impediment to the growth of the PEEK market. Overall, the Polyaryletherketone market in Germany is expected to witness steady growth in the foreseeable future owing to increasing demand from the automotive, medical and aerospace sectors. Moreover, key players in the market are investing in research and development activities to introduce new grades and products to meet the ever-changing customer demands. The well-established infrastructure and increasing investment in R&D activities is expected to sustain the PEEK market in Germany.
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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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.