Polyaryletherketone Market Is Likely To Up Demand At A USD 1.42 Billion By 2026
San Francisco, 19 Dec 2023: The Report Polyaryletherketone (PAEK) Market Size, Share & Trends Analysis Report By Type (PEK, PEEK, PEKK), By Application (Automotive, Aerospace, Electricals & Electronics), By Region, And Segment Forecasts, 2020 - 2026 The global polytetrafluoroethylene market size is expected to reach USD 1.42 billion by 2026, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 7.1% over the forecast period. Rising demand for polytetrafluoroethylene (PAEK) can be attributed to its superior properties including low permeability, outstanding chemical resistance, good energy radiation resistance, and high electrical strength. Consumption of polyether ketone ketone (PEKK) has been on a rise owing to its various properties such as inherent flame retardancy, compressive strength, and wear and creep resistance. This is expected to increase its demand in dental tools, body implants, and drug delivery components in medical applications. The m