France PAEK Market

Synopsis
The above chart is France PAEK Market Outlook (2018 to 2032)

Market Dynamics

the french paek market is predicted to experience continuous growth over the 2018 to 2032 period. this is preferred by a number of factors such as the growing demand for lighter composite materials, accreditation from regulators, along with rising prevalence of 3d printing and improved technology in production. the growing demand for paek is driven primarily by major industry’s such as automotive, aerospace and construction sectors due to its excellent properties like light weight, heat resistance and high strength. especially, automotive industry is becoming the largest consumer of advanced composites such as paek due to their growing need for fuel efficient and lighter cars. the european legislation to reduce greenhouse gas from the automotive industry is also a key driving factor of the paek market in france. the implementation of lighter composite materials such as paek in automotive sector will help manufacturers to reduce the weight of the car which will eventually result in improved fuel economy and low emissions. furthermore, the approval/certificates of paek material from certifying authorities such as ul, astm, and iso could foster the adoption and upsurge in the demand of paek in france. 3d printing technology has further boosted the usage of advanced composite materials like paek. the adoption of 3d printing is expected to reduce material wastage and production costs. also the higher production rate, increase in production flexibility and improved surface finish are some of the major factors that are increasing the demand of 3d printing technology and consequently driving the paek market in france. in short, france is expected to experience a significant growth in the paek market during the forecast period of 2018 to 2032. it is expected that customers and producers would be able benefit from new technologies and regulations to meet the demand of automotive and aerospace markets.