The polyetherimide (PEI) market is driven by its high strength, heat resistance, and chemical resistance properties, making it suitable for a wide range of industrial and electronic applications. Additionally, the growing demand for PEI in the aerospace and automotive industries is also driving the market growth.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=264439177

On the other hand, the high cost of raw materials and the limited availability of suppliers may act as a restraint for the market growth. Additionally, the difficulty in processing PEI and the lack of recycling options may also limit its adoption in certain industries.

Polyetherimide Market Key Players

• SABIC (Saudi Arabia)
• RTP Company (US)
• Ensinger Plastics (Germany)
• Röchling Group (Germany)
• Kuraray Europe (Germany)
• Mitsubishi Chemical Advanced Materials (Japan)
• Solvay SA (Belgium), (Denmark)
• Toray Industries (Japan)

Polyetherimide (PEI) is a thermoplastic polymer that is commonly used in a variety of industrial and commercial applications. It is known for its high strength, rigidity, and dimensional stability, as well as its resistance to heat, chemicals, and flame.

The PEI market can be segmented based on grade, form, process type, end-use industry, and region.

On the basis of form:

• Film
• Sheet
• Granule
• Tube
• Rod

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=264439177

The PEI sheet segment to witness the highest growth rate during the forecast period.

PEI sheet is made of amorphous PEI that is commonly used as high-performance plastic material. This sheet provides good thermal performance as well as high strength & stiffness. PEI sheet is flame retardant, resistant to acids, and can be operated in the presence of steam and hot water. PEI provides high heat resistance, high strength modulus, and good electrical & insulation properties. PEI sheet has low moisture absorption and excellent dimensional stability in a variety of environments.

On the basis of grade:

• Reinforced
• Unreinforced

The reinforced PEI segment is expected to have the highest CAGR during the forecast period.

Reinforced PEI is formulated to meet the various engineering demands. It can be categorized into two types, namely, glass reinforced and fiber reinforced. Glass reinforced PEI provides greater dimensional stability and improved electrical and mechanical properties while retaining excellent processability. Fiber reinforced PEI is known for its mechanical strength and hence preferred in corrosion protection applications.

On the basis of process type:

• Injection Molding
• Extrusion
• Thermoforming
• Compression Molding

The injection molding segment to boost the market during the forecast period.

Injection molding is a manufacturing process used for the fabrication of plastic parts. Different varieties of products, in terms of size, application, and complexity, are manufactured using the injection molding process. This process requires an injection molding machine, raw plastic material, and a mold. The process includes melting of the plastic in the injection molding machine and then injecting it into the mold where plastic solidifies into the final product. 

On the basis of end-use industry:

• Transportation
• Electrical & Electronics
• Consumer Goods
• Medical
• Industrial
• Others

View Detailed Table of Content Here: https://www.marketsandmarkets.com/Market-Reports/polyetherimide-market-264439177.html

The transportation end-use industry to witness the highest growth in the global PEI market during the forecast period.

In the transportation segment, automotive is one of the largest end-use industries of PEI. The use of PEI has been increasing due to its ability to replace metal and other thermosets and bulk molding compounds. PEI is apt for applications that require high heat resistance, strength, and chemical resistance. The largest application of PEI in this segment is in the electrical and lighting systems, followed by under-the-hood applications.

On the basis of region:

• North America
• Europe
• APAC
• RoW

Europe to account for the largest share in the PEI market during the forecast period.

The key countries contributing to the growth of the PEI market in Europe are Germany, France, the UK, Italy, and Spain. Favorable government policies are expected to provide growth opportunities for R&D in the electronics & semiconductor and automotive industries in these countries. The growth in R&D investment in the region is mainly driven by the automotive, information and communications technology (ICT), and healthcare industries, which is expected to boost the demand for PEI in the region.

Key Highlights of Polyetherimide (PEI) Market Report:

• The report offers a comprehensive and broad perspective on the global Polyetherimide (PEI)
• The market statistics represented in different Polyetherimide (PEI) segments offer a complete industry picture.
• Market growth drivers and challenges affecting the development of Polyetherimide (PEI) are analysed in detail.
• The report will help in the analysis of major competitive market scenarios, and market dynamics of Polyetherimide (PEI).
• Major stakeholders, key companies Polyetherimide (PEI), investment feasibility, and new market entrants’ study are offered.
• The development scope of Polyetherimide (PEI) in each market segment is covered in this report. The macro and micro-economic factors affecting the Polyetherimide (PEI) market.
• Advancement is elaborated on in this report; The upstream and downstream components of Polyetherimide (PEI) and a comprehensive value chain are explained.

*** Also Browse Trending Report of MNM ***

https://www.marketsandmarkets.com/Market-Reports/medical-adhesive-tape-market-228284700.html

https://www.marketsandmarkets.com/Market-Reports/hexamethylenediamine-market-109635705.html

https://www.marketsandmarkets.com/Market-Reports/fluoropolymer-tubing-market-165466482.html 

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]