Global Polyetherimide (PEI) Market Projected To Attain Around USD 1227.71 Million by 2032

As per forecasters from Zion Market Research, the global Polyetherimide (PEI) Market was valued at USD 679.13 Million in 2023 and is projected to hit USD 1227.71 Million by 2032, with a compound annual growth rate (CAGR) of 6.8% during the forecast period 2024-2032. PEI is a high-performance polymer having imide groups and ether links in its polymer chain. It is utilized in high-temperature applications where rapid diffusion of heat is necessary. Owing to its rogue resistance, flame resistance, and low smoke emission, the requirement for PEI as a thermally conductive plastic has surged considerably. PEI is extensively utilized as an option to metals in compacted electronic gadgets since it amplifies the performance of compact electronics by heat diffusion. Besides the electronics industry, PEI is utilized in medical, consumer goods, transportation, and industrial end-use industries.

Some of the global players in the market are Ensinger, RTP Company, SABIC, Quadrant Group, Mitsui Chemicals, Inc., Mitsubishi Chemical Holdings, Westlake Plastics Company, Nationwide Plastics, Inc., Röchling Group, Centroplast Engineering Plastics GmbH, PlastiComp, Inc., Zell-Metall Ges.m.b.H. Engineering Plastics, DXTech, GEHR Plastics, Inc., and Solvay.

Rising Development In Automotive Segment Has Advanced Polyetherimide Market Demand

The product is used in the production of the automotive interior components, bumpers, handles, electromechanical systems, bezels, lamp sockets, and thermostat housings. The strong advancement in the electronics market, with the surging application of high-performance plastics, is likely to prompt the market growth. The growing disposable proceeds and changing purchasing patterns by the client will enhance the aerospace and electronics sections. PEI is broadly utilized in the aerospace and electronics due to its heat resistant nature. The increasing demand for heat resistant plastics by aerospace and electronics segments will in the future drive the PEI market growth. The technological advancements and budding incorporation of the product in various applications counting semi-conductors, switches, and aircraft antenna construction will add up to the growing industry size.

The global polyetherimide (PEI) market is divided on the basis of grade, process type, form, end-user, and region. On the basis of form, the market is segmented into sheet, granule, film, tube, and rod. On the type of grade, the market is divided into reinforced and unreinforced. On the base of process type, the market is classified into injection molding, thermoforming, extrusion, and compression molding. Based on the end-use industry, the market is divided into electrical & electronics, transportation, consumer goods, industrial, medical, and others.

Asia-Pacific Estimated To Witness Growth By 5.7% During Forecasted Period

Based on geographical analysis, the global polyetherimide (PEI) market is divided into Europe, North America, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific—led by South Korea, India, and Japan—polyetherimide market is projected to accelerate by up to 5.7% by the end of 2025. PEI is used in automotive interiors, under hood components, and bumpers due to its higher strength. The rising population and urbanization across the region will have an upbeat impact on the automotive industry, therefore boosting the growth of the PEI market.

Browse the full “Polyetherimide (PEI) Market - By Form (Film, Sheet, Granule, Tube, and Rod), By Grade Type (Reinforced and Unreinforced), By Process Type (Injection Molding, Thermoforming, Extrusion, and Compression Molding), By End-User (Electrical & Electronics, Transportation, Consumer Goods, Industrial, Medical, and Others), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024-2032.” Report at https://www.zionmarketresearch.com/report/polyetherimide-market

The global polyetherimide (PEI) market is segmented as follows:

Based upon form:

• Film
• Sheet
• Granule
• Tube
• Rod

Based upon the type of grade:

• Reinforced
• Unreinforced

Based on process type:

• Injection Molding
• Extrusion
• Thermoforming
• Compression Molding

Based on end user industry:

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

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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