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Yuwei only makes quality PEEK and creates miracles with new materials
Development of new PEEK material
PEEK is developed in the late 1970s, the study of a new type of semi-crystalline aromatic thermoplastic engineering plastic, is recognized as one of the high performance thermoplastic materials in the world. Due to the excellent comprehensive performance, PEEK as been widely used in national defense, aerospace, electronic information, energy, automotive, home appliances, health care and other fields of high and new technology.
  • Development status of PEEK industry
    Industrial development status 1: The demand for PEEK products in China is increasing

    From 2011 to 2018, the demand for PEEK products in China keeps increasing. In 2011, the demand for PEEK products in China was 1,274 tons, and in 2018, the demand for PEEK products in China increased to 2,601 tons. From 2011 to 2018, the compound growth rate reached 9.33%.

    Industrial development status 2: PEEK material has been commercialized in China

    PEEK technology was developed in China in the 1980s, and put into small-batch commercial production in the early 1990s. After nearly 20 years of work, our country has developed with independent intellectual property rights of PEEK resin synthesis production line, the main performance reached the level of similar foreign PEEK resin, and all materials and equipment based on domestic, reduces the cost of production, domestic PEEK resin and the development of profiles and independent production, to break the Victrex company exclusive monopoly situation.

    Industrial development status 3: domestic PEEK material prices tend to decline

    In the international market, PEEK typically sells for $35 to $40 per pound for the standard grade, which limits its range of applications. Because the raw materials and equipment of domestic PEEK are all based on domestic, the production cost is reduced, so that the market price of domestic PEEK can be significantly lower than the international market price. After domestic PEEK was put into production, it soon replaced import and occupied the domestic market. It not only saves a lot of foreign exchange for the country, but also drives the development of PEEK resin products industry in China. As the research and production of polyether-ether-ketone itself was promoted by the environment of arms race at that time, the purpose of production was simply to meet the needs of the military industry. As time goes on, polyether-ether-ketone decreased from 1000 yuan per kilogram to 500 yuan per kilogram now. Moreover, the domestic production capacity and consumption level have achieved the effect of extensive application.

    Market prospects of PEEK industry