Global Polyetherimide (PEI) Market, By Grade (Reinforced, Unreinforced), By Process Type (Injection Molding, Extrusion, Thermoforming, Compression Molding), By Form (Film, Sheet, Granule, Tube, Rod), By End-use (Transportation, Electrical and Electronics, Medical, Consumer Goods, Industrial, Others), By Region (North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, Rest of the World) – Market Size & Forecasting(2016-2025)

Growing demand from end-use industry applications in developing regions and promotion of application specific grades by companies is expected to drive the Polyetherimide (PEI) Market during the forecast period. This market has witnessed number of key developments in terms of application specific grade developments and strategic investments in emerging regions by companies to strengthen their market position in the global market. Some of the other key factors governing the market dynamics include regulatory scenario, exchange rates, environmental constraints, and so on. All these factors are expected to have a significant impact on the dynamics of Polyetherimide (PEI) Market during the forecast period. 

Polyetherimide (PEI) is an amorphous thermoplastic material with high thermal resistance, high strength and modLilus, outstanding, stable electrical characteristics over a broad spectrum of temperatures and frequencies and outstanding processability.

Rapid development in the automotive industry has increased demand on the market for polyetherimide. The product is used to manufacture parts, handles, bumpers, bezels, electromechanical systems, thermostat housings and lamp sockets for automotive interior. Robust development in the electronics industry is expected to promote market growth with the growing use of high-performance plastics.

Increasing disposable income and altering consumer buying patterns will increase sections of electronics and aerospace. Because of its heat-resistant nature, PEI is commonly used in electronics and aerospace. Growing demand for heat-resistant plastics from sections of electronics and aerospace will further drive development in the PEI industry. Technological advances and prospective product integration in various applications including switches, semi-conductors and the development of aircraft antennas will add to the size of the sector.

In the near future, unreinforced size of the polyetherimide market may see important gains. Because of its wide chemical resistance and strong strength, it is commonly used in the automotive, construction & construction and packaging sectors. These variables will affect the size of the market positively.

Key Factors Impacting Market Growth:
    • Automotive electrification
    • Increased demand from the transport sector
    • Increasing Hybrid Polymer and Composite Competition
    • Price higher than conventional polymers

Regional Outlook 

By region, polyetherimide (PEI) market has been segmented in North America, Europe, Asia pacific, Middle East, and Rest of the World. The North America and Western Europe regions are estimated to register a stable demand during the forecast period with market recovery from recent slowdowns. North America region includes US, Canada, and Mexico. US is estimated to dominate this market with a sizeable share followed by Canada, and Mexico. Industrial sector is a major contributor US and Canada economies overall. Hence, the supply of advanced materials in production activities is critical to the overall growth of industries in this region. Western Europe region is dominated by Germany, UK, France, Italy, and Spain. These countries also have a strong influence of the industrial sector resulting in sizeable demand for polyetherimide (PEI) market.  

Asia Pacific is estimated to register highest CAGR by region during the forecast period. Presence of some of the high growth economies such as China and India is expected to propel the demand in this region. In addition, this region has witnessed strategic investments by major companies to increase their market presence. Middle East and Eastern Europe are estimated to be other key regions for polyetherimide (PEI) market with a strong market potential during the forecast period. Rest of the World consisting of South America and Africa are estimated to be emerging markets during the forecast period. 

Companies Covered: SABIC, Ensinger, Mitsui Chemicals, Inc., RTP Company and Quadrant Group…

Market Segmentation:

By Grade:
    • Reinforced
    • Unreinforced

By Process Type:
    • Injection Molding
    • Extrusion
    • Thermoforming
    • Compression Molding

By Form:
    • Film 
    • Sheet
    • Granule
    • Tube
    • Rod

By End-use:
    • Transportation
    • Automotive 
    • Aerospace
    • Electrical and Electronics
    • Medical
    • Consumer Goods
    • Industrial
    • Others

By Region:

    • North America
        ◦ By Country (US, Canada, Mexico)
        ◦ By Type
        ◦ By Application

    • Western Europe:
        ◦ By Country (Germany, UK, France, Spain, Rest of Western Europe)
        ◦ By Type
        ◦ By Application

    • Eastern Europe:
        ◦ By Country (Russia, Turkey, Rest of Eastern Europe)
        ◦ By Type
        ◦ By Application

    • Asia Pacific
        ◦ By Country (China, Japan, India, Rest of Asia Pacific)
        ◦ By Type
        ◦ By Application

    • Middle East:
        ◦ By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
        ◦ By Type
        ◦ By Application

    • Rest of the World
        ◦ By Region (Latin America, Brazil, Rest of the World)
        ◦ By Type
        ◦ By Application


Reasons To Buy This Report:

    • Market size estimation of the polyetherimide (PEI) market on a regional and global basis 
    • Unique research design for market size estimation and forecast 
    • Profiling of major companies operating in the market with key developments
    • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:
    • By Segment 
    • By Sub-segment 
    • By Region/Country
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