Polyetherimide (PEI) Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: SABIC, RTP, Ensinger, Mitsui Chemicals

The Polyetherimide (PEI) market will register a 4.5% CAGR in terms of revenue, the global market size will reach US$ 411.1 million by 2027.

Polyetherimide (PEI) Market Overview

Polyetherimide PEI is a high-performance polymer with both ether links and imide groups in its polymer chain. It is used in high-temperature applications where fast dissipation of heat is essential. Due to its creep resistance, low smoke emission, and flame resistance, the demand for Polyetherimide PEI as a thermally conductive plastic has increased significantly. Polyetherimide PEI, along with thermally conductive fillers, is a cost-effective solution to metals due to lesser manufacturing steps and joints. Polyetherimide PEI is widely used as an alternative to metals in compact electronic gadgets, as it increases the performance of compact electronics by heat dissipation. In addition to the electronics industry, Polyetherimide PEI is used in transportation, medical, consumer good, and industrial end-use industries.Polyetherimide market demand from oil & gas application is predicted to exceed USD 9.5 million by 2025. The product is mostly used in the oil & gas industry owing to its chemical, thermal and electrical resistance. High grade machined plastics have their applications in various offshore activities including exploration, development and delivery process. Increasing number of proven reserves in countries including U.S. will enhance industry growth.Polyetherimide market demand from aerospace application may observe significant gains over 5.5% in forecasted timeline.  It is utilized to manufacture air handling parts and specialty fluids owing to flame retardance and light weight. The product also meets latest industry regulations regarding smoke, flame and toxicity.

Industry News and Updates

SABIC (Saudi Arabia) launched polyetherimide (PEI) film - ULTEM film UTF120. This new product is designed to address the increasing need for high energy density capacitors that can store a large amount of electrical energy for a long period without the loss of charge. This product has application in the electrical & electronics end-use industry. Potential applications of the product include automotive components, electrical compressors, LED lighting, and LCD backlight in electronics and film capacitors in renewable energy.

04/11/2021:SABIC INTRODUCES NEW SUPERFLOW ULTEM™ RESINS TO ENABLE MINIATURIZATION FOR BURN IN TEST SOCKETS (BITS) AND CONNECTORS POWERING ELECTRONIC DEVICES-- 

SABIC, a global leader in the chemical industry, is introducing two new grades in its portfolio of Superflow ULTEM™ resins that address the trend of electronic component miniaturization to enable smaller, lighter and more-sophisticated devices. Glass fiber-reinforced Superflow ULTEM SF2250EPR and SF2270 resins feature exceptional flow properties for molding burn-in test sockets (BiTS) used to stress-test integrated circuit (IC) chips. 

What are the major Applications, Types and Regions for Polyetherimide (PEI) Market?

Polyetherimide (PEI) Market is segmented based on the type, applications, companies and regions.

By Type, Polyetherimide (PEI) Market has been segmented into 

• Unreinforced


• Reinforced

By Application, Polyetherimide (PEI) Market has been segmented into  

• Electronics


• Automotive


• Medical


• Tableware/Catering


• Aircraft


• Others

Polyetherimide (PEI) can be mainly divided into Unreinforced and Reinforced which Reinforced captures about 74.79% of Polyetherimide (PEI) market in 2019. According to our research and analysis, manufacturers from USA are the major leaders in the international market of Polyetherimide (PEI).

Polyetherimide (PEI) Market Regional Analysis

The report offers in-depth assessment of the growth and other aspects of the Polyetherimide (PEI) Market in important regions, including the 

North America

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• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The North American and European polyetherimide markets are likely to account for large portions of the worldwide market. During the projection period, rising investment in shale gas production in the United States is likely to boost polyetherimide demand. Because of the widespread usage of lightweight composite materials in Europe and North America, demand for polyetherimide is expected to rise dramatically in end-use industries such as automotive and aerospace. During the forecast period, the Middle East and African market is expected to grow at a modest pace. Because of the improving economic conditions in Brazil and Argentina, Latin America is predicted to be a promising regional market for polyetherimide. Increased investment in end-use industries such as automotive, aerospace, and electrical and electronics is also predicted to boost growth.

Polyetherimide (PEI) Market highlights the potential growth opportunities in upcoming years, while reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape and other key aspects in the global market. The Global Polyetherimide (PEI) Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry. This Research Study compares the markets of Pre COVID-19 and Post COVID-19 with the impact of COVID-19 on the regional economy.

What is our Polyetherimide (PEI) Market report scope?

Key Takeaways from this Polyetherimide (PEI) Report

• Evaluate Polyetherimide (PEI) market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.


• Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.


• Analyze the sales and distribution channels across key geographies to improve top-line revenues.


• Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Polyetherimide (PEI) market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.

Frequently Asked Questions

What is the study period of this market?

The Polyetherimide (PEI) Market is studied from 2017 - 2027.

 What is the growth rate of Polyetherimide (PEI) Market?

The Polyetherimide (PEI) Market is growing at a CAGR of 4.5% over the next 5 years.

What regions does this Polyetherimide (PEI) Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.