Global Aliphatic Polyketone Market was valued at US$ 131.4Mn in 2022, exhibiting a CAGR of 9.0% in terms of revenue, over the forecast period (2023 to 2030) to reach US$ 262.5 Mn by 2030. Aliphatic polyketones are a new class of engineering thermoplastics, which can be used for various applications such as automotive, consumer electronics etc. The polymers have perfectly alternating structures made of carbon monoxides and alpha olefins such as ethylene.
Figure 1. Global Aliphatic Polyketone Market, By Application, 2022
Figure 2. Global Aliphatic Polyketone Market, By Region, 2022
Global Aliphatic Polyketone Market- Trends
Rising demand for eco-friendly products from end users and consumers
There is a rising demand for eco-friendly products from end users and consumers, in order to reduce their carbon footprint. Hyosung Corporation is focusing on developing eco-friendly applications of aliphatic polyketone, in order to strengthen its position in the market. Moreover, the company gained an eco-friendly green certificate from the Ministry of Environment, South Korea, in 2016, in recognition of eco-friendliness of aliphatic polyketone.
Aliphatic Polyketone Market Report Snapshots
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