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

Recycled Elastomers Market By Raw Material: (Styrene butadiene rubber, Nitrile butadiene rubber, Propylene rubber, Chloroprene rubber, Natural rubber, Polyurethane rubber, Others) By Application: (Medical, Agriculture, Sports product, Playground surfaces, Infrastructure, Home & garden) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

The global recycled elastomers market size is expected to reach around US$ 6.8 billion by 2026 and growing at a CAGR of above 11.9% over forecast period 2019 to 2026. Elastomer materials are made of polymer materials that are joined by chemical bonds and have high elongation and flexibility properties that increase its applicability in various industries. Elastomers rubber compounds are made of five to ten ingredients each of them having

Recycled Thermoplastic Market By Type: (Biodegradable, Non-Biodegradable); By Form: (Flakes, Pallets, Granules); By Technology: ( Extrusion, Injection Molding, Blow Molding, Film Molding, Others); By Product: (Polyethylene (PE), Polyethylene Terephthalate (PET), Polypropylene (PP), Polystyrene (PS), Polyvinyl Chloride (PVC), Others); By Application: ( Packaging, Automotive & Transportation, Building & Construction, Electrical And Electronics, Agriculture & Horticulture, Furniture & House wares, Medical, Others) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

The global recycled thermoplastic market in 2018 was above US$ 50 Bn and is expected to grow more than US$ 103 Bn by 2026. The market is expected to register a CAGR of above 9% from 2019-2026. Thermoplastic polymer has properties such as high-impact strength and heat-resistance and when mixed with the compounded thermoplastic polymer matrix it gives more high performance such as improved flow-ability and processing performance. Thermoplas

Beverage Container Market By Material: (Plastic, Paperboard, Glass, Metal); By Container Type: (Jars & Bottles, Cans, Cartons, Pouches, Bag-In-Boxes); By Application: (Non-Alcoholic Beverages, Alcoholic Beverages) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

The global beverage container market size is expected to reach around US$ 251 billion by 2026 and growing at noteworthy CAGR around 4.2 % throughout the forecast period 2019 to 2026. Beverage container refers to the packaging of beverages with jars & bottles, cartons, pouches, bags-in-boxes or cans. These containers are manufactured from the paperboard, plastics, glass or metals, and also from the combination of the all with the application in non-alc

Cinnamaldehyde Market (By Type: Flavor Agent, Aroma Agent, Antimicrobial Agent, Other Types of Product; By Application: Food and Beverages, Household & Personal Care Industry, Agriculture, Healthcare, Others) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

The global cinnamaldehyde market is expected to grow at a CAGR of around 6.0% during the forecast period 2019 - 2026 and reach the market value of over US$ 330 Mn by 2026. Cinnamaldehyde is also known as 3-phenyl-2-propenal, cinnamic, phenylalacrolein, cinnamal, cinnamyl aldehyde, and trans-cinnamaldehyde. It is a yellowish oily liquid with a sweet taste and a cinnamon smell that is liable for the

Lignin Market (By Product: Ligno-sulphonates, Organosolv Lignin, Kraft Lignin, Others; By Application: Macromolecules, Aromatics) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

The global lignin market value is expected to reach around US$ 907.1 million by 2026 and forecasted to grow at a CAGR of 2% over the time frame 2019 to 2026. The report provides analysis of global lignin market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.  Market Insights The worldwide lignin industry is evolving at a good pace, with a favorable develop

Graphene Market (By Product: Graphene nanoplatelets, Graphene oxide, Others; By Application: Electronics, Composites, Energy, Others) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

The global graphene market is forecasted to grow at a CAGR around 38.2% over the forecast time frame 2019 to 2026 and reach around US$ 552.6 million by 2026. The report provides analysis of global Graphene market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.  Market Insights Increasing demand for lightweight and durable products for different parts, incl

Cart Summary