Polyetherimide (PEI) Market (By Grade: Unreinforced, Reinforced [Glass Fiber, Carbon Fiber]; By Form: Film, Sheet, Granule, Rod; By Application: Automotive [Interiors, Under Hood Components, Bumper, Fuel Systems], Electronics [Switches, Coils & Fuses, Semiconductors], Aerospace [Antenna Construction, Interiors], Pharmaceuticals [Fixtures, Surgical Probes], Consumer Products [Kitchenware, Appliances], Industrial [Oil & Gas, Telecommunication, Fluid Handling, Marine Cleats], Food) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Category : Chemicals and Materials | Delivery Format : PDF | Status: Published | Pages : 160

Introduction

The global polyetherimide (PEI) Market is projected worth US$ 845.2 million by 2026 and the market is projected to showcase 5.3% CAGR during the forecast period. The polyetherimide (PEI)market is driven by a rise in demand for heat resistant plastics from aerospace and electronics industry.

Market Dynamics

Rising disposable income and shifting purchasing patterns of consumers are the major factors that are expected to boost the global polyetherimide (PEI) market. Polyetherimide (PEI) is extensively used in aerospace and electronics owing to their heat resistant properties. Rising demand for heat resistant plastics from electronics and aerospace sector will further propel the growth of polyetherimide (PEI) market. Moreover, the technological advancements and integration of polyetherimide in various applications such as semiconductors, switches, and aircraft antenna construction will contribute to the growth of the polyetherimide market.

Market Insights

Rapid expansion in the automotive industry is expected to boost the demand for polyetherimide. The product is used in manufacturing automotive interiors, bumpers, handles,thermostat housings, under hood components, and lamp sockets. The continuous development in the electronics industry with the growing application of heat resistant plastics is expected to support the growth of polyetherimide(PEI) market.

Market Classification

The global polyetherimide (PEI) market is segmented into grade, form, application, and region. On the basis of grade, the global polyetherimide (PEI) market is segmented into unreinforced and reinforced. The reinforced segment is further segmented into glass fiber and carbon fiber. On the basis of form, the global polyetherimide (PEI) market is segmented into films, rods, sheets, and granules. On the basis of application, the global polyetherimide (PEI) market is segmented into automotive, electronics, aerospace, pharmaceuticals, consumer products, industrial, and food. The automotive segment is further segmented into interiors, fuel systems, under hood components, and bumper. The electronics segment is further bifurcated into switches, coils & fuses, and semiconductors. Also, the aerospace segment is further divided into antenna construction and interiors. The pharmaceuticals segment is further segmented into fixtures and surgical probes. Moreover, the consumer products segment is further divided into kitchenware and appliances. Furthermore, the industrial segment is further divided into oil & gas, telecommunication, fluid handling, and marine cleats.On the basis of region, the global polyetherimide (PEI) market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Based on the grade, the global polyetherimide (PEI) market can majorly be segmented into two sub-segments, which are unreinforced and reinforced. Furthermore, the reinforced sub-segment is divided into glass fiber and carbon fiber. The glass fiber sub-segment is anticipated to dominate the global polyetherimide (PEI) market owing to the rising demand for glass fiber polyetherimide from electronics industry due to its enhanced electroplatability. This factor is expected to drive the growth for polyetherimide (PEI) market.

Regional Insights

The Asia Pacific region is expected to dominate the global polyetherimide (PEI) market followed by Europe and North America region. The dominance of polyetherimide (PEI) market in Asia Pacific region is due to its widespread adoption in the automotive sector in various applications such as under hood components, interiors, and bumpers due to its high strength features. Also, the growing population and rapid increase in urbanization will have an impact on the automotive industry. This factor will drive the demand for polyetherimide (PEI) market in the Asia Pacific region. The polyetherimide (PEI) market in the Europe region is mostly driven by the rising demand from the healthcare sector due to the increase in awareness for chronic diseases among people.

Market Participants

The major players associated with the polyetherimide (PEI) market are Ensinger, RTP Company,SABIC, Mitsui Chemicals, Inc., and Quadrant Group, etc.

The key players in the polyetherimide (PEI) market are focused on the development ofglass fiber polyetherimide due to its widespread application in the electronics industry. Also, the industry players are taking strategic initiatives that include collaborations, partnerships, and acquisitions that help them in expanding their market presence and strengthening their foothold in the global polyetherimide (PEI) market. For instance, In February 2018, SABIC declaredits projects to expand the production capacity of polyetherimide resin in the Netherlands and Asia Pacific region. This factor will positively impact the polyetherimide market profitability.

Market Segmentation

Market By Grade

  • Unreinforced
  • Reinforced
    • Glass Fiber
    • Carbon Fiber

Market By Form

  • Film
  • Sheet
  • Granule
  • Rod

Market By Application

  • Automotive
    • Interiors
    • Under Hood Components
    • Bumper
    • Fuel Systems
  • Electronics
    • Switches
    • Coils & Fuses
    • Semiconductors
  • Aerospace
    • Antenna Construction
    • Interiors
  • Pharmaceuticals
    • Fixtures
    • Surgical Probes
  • Consumer Products
    • Kitchenware
    • Appliances
  • Industrial
    • Oil & Gas
    • Telecommunication
    • Fluid Handling
    • Marine Cleats
  • Food

Market By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Chile
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Rest of MEA


Related Reports

Thermoplastic Polyamide Elastomers Market (By Technology: Ester-based, Ether-based; By Application: Automotive, Medical, Consumer Goods, Electrical & Electronics, Industrial, Others (Including Breathable Films and Anti-static Additives)) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction According to Acumen Research and Consulting, the global Thermoplastic Polyamide Elastomers market is expected to grow at noteworthy CAGR around 5.5 % throughout the forecast period and reach around US$ 2.2 billion by 2026. High performance thermoplastic block co-polyomersbased on nylon and polyethers are thermoplast

Intumescent Coatings Market (By Technology: Solvent-based, Water-based, Epoxy-based; By Application: Cellulosic, Hydrocarbons; By End-use: Oil & Gas, Automotive, Construction, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction According to Acumen Research and Consulting, the global Intumescent Coatings market is expected to grow at noteworthy CAGR around 4.9 % throughout the forecast period and reach around US$ 1.5 billion by 2026. Intumescent is a substance which swells if heat exposure is contacted. Thus the volume expands and the densi

Biopesticides Market (By Source: Microbial Pesticides [Non Bt Products, Bt Products], Plant-incorporated Protectants, Biochemical Pesticides; By Product: Bioinsecticides, Bioherbicides, Bionematicides, Biofungicides, Others (including Plant Growth Regulators)) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction According to Acumen Research and Consulting, the global Biopesticides market is expected to grow at noteworthy CAGR around 14.4 % throughout the forecast period and reach around US$ 6.5 billion by 2026. Biopesticides are a type of pesticides derived from fungal, bacterial and virus-like microorganisms or from natura

Gravure Printing Inks Market (By Resin: Acrylic, Nitrocellulose, Polyamide, Polyurethane, Others (including Polyester, Maleic, Ketonic, and Polyvinyl); By Technology: Solvent-based, Water-based, Others (including UV-curable); By Application: Furniture, Packaging, Publication, Others (including Wrapping Paper, Wallpaper, Textile, and Label)) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction: Gravure printing ink comprises of solid resins, pigments, volatile solvents, additives, and fillers. It contains no vegetable oil, and its drying strategies are generally volatile. Gravure printing includes etching and uses a turning printing press. Solvents are utilized to break down or scatter all the strong parts of the ink, wet the outside of the substrate, direct

Polymethyl Methacrylate (PMMA) Market (By Product Type: Extruded Sheets, Acrylic Beads, Pellets, Others; By End Use: Construction, Automotive, Signs & Displays, Electronics, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction According to Acumen Research and Consulting, the global Polymethyl Methacrylate market is expected to grow at noteworthy CAGR around 8 % throughout the forecast period and reach around US$ 8.4 billion by 2026. Polymethyl methacrylate (PMMA) is a synthetic resin that is made of methyl methacrylate polymerisation. It

Cart Summary