Aliphatic Polyketone Industry Research:the market size is projected to reach USD 0.3 billion by 2030

Aliphatic polyketone, often referred to as just polyketone or PK, is a semi-crystalline engineering resin that is an alternating copolymer of carbon monoxide and ethylene with some propylene (1–10%). It has good tensile, thermal, flex, and impact properties like nylon (PA), while maintaining the excellent wear, chemical resistance, and dimensional stability of acetal (POM).

Although polyketone is a relatively new class of polymer, it is growing in popularity as application engineers seek high-performing alternatives to nylons and POM amid supply constraints and sustainability goals.

Aliphatic polyketones are a relatively new class of polymers with many attractive and unique properties. The two most common aliphatic ketones are poly(ethylene ketone) and copolymers of ethylene and propylene ketone. Both polymers have high tensile and impact strength, exceptionally high abrasion resistance and excellent tribological properties. Other interesting properties include excellent hydrolysis resistance, very low water absorption, high barrier properties against fuel and oxygen, and outstanding chemical resistance.

The classification of Aliphatic Polyketone includes Pure Resin and Compound Modification Resin. Pure Aliphatic Polyketone Resin accounted for a share of 80% in the global Aliphatic Polyketone market.

Aliphatic Polyketone is widely used in Industrial, Automotive, Electronics, Packaging, etc. In Aliphatic Polyketone market, the Industrial holds an important share in terms of Application.

Asia-Pacific is the largest consumption place, with a revenue market share nearly 69%. Following is Europe, which is the second largest consumption place with the revenue market share of 15%.

At present, the main manufacturer of aliphatic polyketone in the world is the South Korean Hyosung Group, which has been developing and commercializing aliphatic polyketone since 2004 and has successfully obtained patents related to raw material technology. As of now, the production of aliphatic polyketone in the world is still mainly dominated by the South Korean Hyosung Group. The revenue share of the Hyosung Group exceeded 83%. Although aliphatic polyketones have excellent properties such as high strength, wear resistance, and chemical corrosion resistance, their current market demand is relatively small due to their high production threshold, high technical difficulty, and relatively low market awareness. However, with the rapid development of the engineering plastics industry and the growing demand for new materials, the market potential of aliphatic polyketones has gradually emerged.

Aliphatic polyketones consume a large amount of carbon monoxide during the synthesis process, and vigorously developing the production and application of aliphatic polyketones is in line with the green sustainable development strategy. The environmentally friendly materials market is booming, and the fundamental reason for the leapfrog development of its application scenarios lies in materials, safety, and diverse innovation. The explosive growth of industry user demand has greatly enriched the application scenarios of aliphatic polyketone materials. In the future, with the rapid development of industries such as automobiles, chemicals, and electronics, the demand for high-performance materials will continue to increase. With its unique properties, aliphatic polyketones have broad application prospects in these fields.

Aliphatic Polyketone Market Summary

According to the new market research report “Global Aliphatic Polyketone Market Report 2024-2030”, published by QYResearch, the global Aliphatic Polyketone market size is projected to reach USD 0.3 billion by 2030, at a CAGR of 13.6% during the forecast period.

Figure00001. Global Aliphatic Polyketone Market Size (US$ Million), 2020-2031

Source: QYResearch, Global Aliphatic Polyketone Market Report 2024-2030”

Figure00002. Global Aliphatic Polyketone Top 7 Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updated)

Source: QYResearch, Global Aliphatic Polyketone Market Report 2024-2030”

According to QYResearch Top Players Research Center, the global key manufacturers of Aliphatic Polyketone include Hyosung Polyketone, Akro-Plastic, Ensinger, Avient, etc. In 2023, the global top four players had a share approximately 95.0% in terms of revenue.

In terms of product application, currently Industrial is the largest segment, hold a share of 44.2%.

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