The electrical & electronics PEEK market is projected to grow from USD 0.47 billion in 2025 to USD 0.70 billion by 2030, at a CAGR of 8.1% during the forecast period. The market is gaining strong momentum, supported by the rising demand for high-performance engineering polymers, and the growing use of PEEK in critical applications across aerospace, medical, electrical & electronics, and industrial sectors. Germany and China are home to a large concentration of aerospace OEMs, medical implant developers, semiconductor manufacturers, and high-tech industries. Increasing requirements for lightweight materials, high thermal stability, chemical resistance, and long-term durability are accelerating the shift from metals and lower-performance polymers to PEEK-based solutions. Additionally, the rapid expansion of minimally invasive medical devices, electrification of the automotive sector, and growth in semiconductor equipment manufacturing are further driving adoption, positioning Asia Pacific as a key innovation hub and one of the most attractive markets for advanced PEEK materials.
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Based on reinforcement type, the glass-filled segment is projected to register the highest growth in the electrical & electronics PEEK market, driven by the rising need for high-performance electrical components and advanced electronic systems. The outstanding electrical insulation properties, high thermal stability, flame resistance, and durability of PEEK are factors that make it particularly suitable for manufacturing connectors, cable insulations, and electronic housing components that are required to operate accurately under high temperatures and varying operational conditions. The miniaturization of electronic components, the gradual switching to smart devices, the expansion of telecom networks, and the rising fusion of electronics in automotive and industrial applications fuel the demand for high-performance materials.
Based on region, Asia Pacific is projected to register the highest growth rate in the electrical & electronics PEEK market, mainly because of the region’s strong industrial foundation and technological development. The already established automotive and manufacturing sectors in China are making use of high-performance materials like PEEK in applications that need heat resistance, mechanical strength, and long-term reliability. Examples of such applications are engine components, sensors, and high-precision parts. The electrical & electronics industry, which includes advanced automation, renewable energy systems, and industrial controls, is a major contributor to the manufacturers’ demand for PEEK materials with excellent electrical insulation and thermal stability. On the other hand, Asia Pacific has been the center of innovation and the main place where the development of advanced materials has been taking place. This has made the use of PEEK in aerospace, medical devices, and industrial engineering possible, where high-performance polymers can seamlessly substitute metals and cut down the weight while maintaining strength. China’s comprehensive industrial infrastructure, along with strong investment in engineering and high-tech manufacturing, has created a very favorable environment for PEEK suppliers, further ensuring the country’s dominance and rapid growth in the electrical & electronics PEEK market.
Leading players operating in the electrical & electronics PEEK market include Victrex Plc (UK), Syensqo (Belgium), Evonik Industries AG (Germany), Jilin Joinature Polymer Co., Ltd. (China), and JUNHUA (China). These companies have widespread facilities, an established portfolio of PEEK, a robust market presence, and strong business strategies.
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Victrex Plc (UK)
Victrex plc is one of the leading companies providing polyether ether ketone (PEEK) and polyaryle ether ketone (PAEK)-based polymer solutions. Specializing in high-performance polymers, PEEK films, lightweight metal replacement solutions, and gear solutions, the company serves six core markets, including aerospace, automotive, energy, electronics, industrial, and medical. It operates through two segments: Sustainable Solutions and Medical. The Sustainable Solutions segment caters to energy & industrial, transport, and electronics markets, whereas the medical segment focuses on providing specialized solutions for medical device manufacturers. The company has a presence in nearly 40 countries across Europe, the Americas, Asia Pacific, the Middle East, and Africa.
Syensqo (Belgium)
Syensqo became an independent specialty chemicals company following its spin-off from Solvay in 2023. Operating across both upstream and downstream segments of the value chain, the company produces intermediate products and tailored formulations, with expertise spanning multiple industries, including surfactants, solvents, and composite materials. It operates through three segments: Materials, Consumer & Resources, and Corporate & Business Services. The Materials segment provides high-performance polymers and composites for automotive, aerospace, healthcare, and electronics industries. The Consumer & Resources segment delivers specialty formulations for surface chemistry and liquid behavior, serving coatings, oil & gas, resource extraction, consumer goods, and healthcare industries. Syensqo marks its global presence through 62 industrial sites and 12 research and innovation centers in 30 countries across the Americas, Europe, the Middle East, Africa, and Asia Pacific.
Evonik Industries AG (Germany)
Evonik Industries AG is one of the world’s leading specialty chemicals companies. The company operates through five segments: Specialty Additives, Nutrition & Care, Smart Materials, Performance Materials, and Technology & Infrastructure. The Specialty Additives segment focuses on high-performance additives and crosslinkers that enhance product durability, energy efficiency, and performance. The Nutrition & Care segment develops functional active ingredients for human and animal health, prioritizing well-being and quality of life. The Smart Materials segment supplies high-performance materials for energy-efficient applications in various industries. The Performance Materials segment produces intermediates for the mobility, plastic, and rubber industries. The Technology & Infrastructure segment supports chemical production with expertise in innovation and digitization. Evonik provides PEEK in various grades, including implant-grade, dental-grade, and care-grade, under the VESTAKEEP brand. With a presence in 100 countries and production facilities at 104 locations across 27 countries, it serves diverse industries, such as automotive, pharmaceutical, renewable energy, consumer goods, food, and animal feed.
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Jilin Joinature Polymer Co., Ltd. (China)
Jilin Joinature Polymer Co., Ltd. was listed on the New OTC Market in 2015. It is a modern enterprise engaged in R&D, manufacturing, and marketing of PEEK products. Its current annual capacity is 1,500 tons of PEEK. The company holds two international invention patents, 22 domestic invention patents, and nine utility model patents. It produces a wide variety of products that can be summarized as Grade G PEEK Pure Resin Pellets, Grade PF PEEK Pure Resin Fine Powder, Grade P PEEK Pure Resin Coarse Powder, Grade GL Glass Filled Fiber Reinforced PEEK, Grade CA Carbon Fiber Reinforcement PEEK, Grade FC Super Wear Resistant PEEK, and Grade R&D PEEK. These PEEK products find application in the manufacture of tube materials, medical materials, wire insulation materials, bearing materials, and seal materials.
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