U.K. Polyaryletherketone Market Outlook (2018 to 2032)
Synopsis
The above chart is U.K. Polyaryletherketone Market Outlook (2018 to 2032)
Market Dynamics
the united kingdom polyaryletherketone market is expected to be one of the most important industries for the u.k. in the coming years, thanks to its high thermal resistance, corrosion resistance, hardness, and good fatigue resistance. its growing popularity for use in a variety of industries from aerospace and automotive to the medical and electronic sectors means it is projected to remain a leading product worldwide.
polyaryletherketone, or paek, is a semi-crystalline thermoplastic with a wide variety of applications. it is typically used as a replacement of metal components, due to its superior mechanical and chemical resistance. its strength and stiffness is higher than most other engineering plastics, meaning decreased weight and improved performance. its low coefficient of friction and superior wear resistance also make it ideal for bearings, gears, and other components in the automotive industry. it is also used for medical implants and devices due to its superior heat and chemical resistance.
the market outlook for polyaryletherketone in the uk is expected to remain positive in 2018 to 2032, thanks to increased demand from its current industrial uses and new applications, such as flexible medical implants. the uk is at the forefront of the shift towards paek for automotive and aerospace applications, and is also expected to be a major player in the medical industry.
an increase in the use of bio-absorbable materials, such as paek, is expected to be prevalent in medical devices, which is likely to generate further growth in the market. new technologies, such as 3d printing, are also likely to drive further demand for these materials, due to their superior thermal and chemical resistance.
the uk is likely to remain a major player in the paek market, thanks to its expertise in the engineering and manufacturing sectors. future growth is expected to be driven by increased demand for medical devices and aerospace and automotive components. the uk government is likely to continue to invest in innovative technologies to ensure continued growth in the industry.