ALIPHATIC POLYKETONE MARKET ANALYSIS

Market Challenges And Opportunities

Global Aliphatic Polyketone Market- Restraints

Availability of alternatives

Availability of other engineering thermoplastics such as polyamides, polyacetals, polyesters, polycarbonates, and others are more economical compared to aliphatic polyketones and this is expected to hamper the market growth of aliphatic polyketone over the forecast period. Moreover, aliphatic polyketone resins are new in engineering plastics, and there is a limited supply of these resins, owing to which end users and processors are reluctant to use aliphatic polyketones over other engineering thermoplastics.

 Global Aliphatic Polyketone Market- Opportunities

Manufacturers are focusing on gradually expanding application

Manufacturers are focusing on gradually expanding application of aliphatic polyketone in everyday commodities such as food trays, golf tees, and other leisure products. For instance, in 2019, Hyosung Chemical, in partnership with EGS (a start-up company based in South Korea), launched eco-friendly food trays made with aliphatic polyketone. The food tray has excellent solidity and wears resistance compared to existing plastic products.

• Polyketone is used for technical components in mechanical engineering and in the automotive industry

Polyketone is used for technical components in mechanical engineering and in the automotive industry, e.g. as a fuel line. The material is also used in the electronic/electrical industry, for example in housings or switches. In the mechanical engineering and automotive industries, polyketone is used for technical components like fuel lines. The substance is also utilized in the electrical and electronic industries, such as in housings and switches. In contrast to other semi-crystalline polymers, polyketone exhibits very minimal moisture absorption and has very good flexibility.

• Owing to their excellent mechanical properties, thermoplastic polyketones

Owing to their excellent mechanical properties, thermoplastic polyketones have found diverse industrial applications ranging from fibers, fire-retardant materials, and film coatings to membranes, packaging materials, and adhesives. Synergists like SIL and ZB were employed to achieve the same and improved flame retardancy qualities while minimizing the degradation in mechanical and impact capabilities. The cone calorimeter test, measurement, and limiting oxygen index (LOI) test were used to assess the flame retardancy of  Pakistan-Occupied-Kashmir-based composites.

 Global Aliphatic Polyketone Market- Drivers