The global polyetheretherketone (PEEK) market is projected to grow at a CAGR of 7.4% from 2024 to 2034, reaching a value of US$ 1.7 billion. This growth is driven by the increasing demand for PEEK in automotive and electronics industries. PEEK’s exceptional mechanical, thermal, and chemical properties make it an ideal material for lightweight automotive components, high-performance electronics, and medical devices.