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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Polyetherimide (PEI) Market Outlook
The global polyetherimide (PEI) market attained a value of USD 633.45 million in 2023. The polyetherimide (PEI) market is further expected to grow in the forecast period of 2024-2032 at a CAGR of around 6.8% to reach around USD 1145.63 million by 2032. The rapidly rising automotive sector is primarily driving the polyetherimide (PEI) market.
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Market Segmentation
The polyetherimide (PEI) refers to a thermoplastic that is amorphous and has features similar to polyether ether ketone (PEEK).
-market-by-form.png)
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Based on the process type, the polyetherimide (PEI) market can be divided into:
- Injection Moulding
- Extrusion
- Thermoforming
- Compression Moulding
The forms can be segmented into the following:
- Film
- Sheet
- Granule
- Tube
- Rod
The polyetherimide (PEI) market can be broadly categorised based on its end-use into:
- Transportation
- Electrical and Electronics
- Medical
- Consumer Goods
- Industrial
Transportation is further divided into automotive and aerospace.
The EMR report looks into the regional markets of polyetherimide (PEI) like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
-market-by-region.png)
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Market Analysis
The rapid growth in the automotive industry has increased the market demand for polyetherimides. The commodity is used in the manufacture of automobile interior parts, handles, pistons, bezels, electromechanical devices, thermostat housings, along with light sockets. The rapid growth in the electronics sector is expected to aid the market growth with the growing application of high-performance plastics. The increasing disposable income has increased the purchasing power of the consumers and, thus, changed their purchasing patterns. It will in turn boost the electronics and aerospace segments. Because of its heat-resistant design, PEI is commonly used in electronics and aerospace. The rising demand from the electronic and aerospace industries for heat-resistant plastics will, therefore, fuel the PEI market growth. The technological advancements and the possible integration of the product in various applications such as the manufacturing of switches, semiconductors, as well as antenna aircraft, will make a positive contribution to the industry growth. The transportation sector is probably the most rapidly growing end-use sector in the market for polyetherimides (PEI).
Competitive Landscape
The report presents a detailed analysis of the following key players in the global polyetherimide (PEI) market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- SABIC
- RTP Company
- Solvay SA
- Röchling Group
- Toray Industries, Inc.
- Ensinger GmbH
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Process Type |
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| Breakup by Form |
|
| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global polyetherimide (PEI) market attained a value of nearly USD 633.45 million.
The market is projected to grow at a CAGR of 6.8% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 1145.63 million by 2032.
The major drivers of the market are rapid growth in the automotive industry and expansions of the electronics sector.
The key trends guiding the growth of the market include the growing technological advancements and increasing disposable income.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Injection moulding, extrusion, thermoforming, and compression moulding are the significant process types of polyetherimide (PEI) in the market.
Film, sheet, granule, tube, and rod are the leading forms of polyetherimide (PEI) in the market.
Transportation, electrical and electronics, medical, consumer goods, and industrial are the major end uses of polyetherimide (PEI).
The major players in the global polyetherimide (PEI) market are SABIC, RTP Company, Solvay SA, Röchling Group, Toray Industries, Inc., and Ensinger GmbH, among others.
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