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The market for PEI is projected to grow at a CAGR 4.97% rate during the forecast period. PEI is a high-performance polymer used in high-temperature applications where fast dissipation of heat is required. Due to its creep resistance, low smoke emission, and flame resistance properties has led to increased demand for PEI as a thermally conductive plastic. PEI, along with thermally conductive fillers, is a cost-effective solution to metals due to its faster processing. PEI applications include compact electronic gadgets to increase its performance by heat dissipation, along with this, PEI is used in transportation, medical, consumer good, and industrial end-use industries.
The transportation end-use industry is estimated to be the fastest-growing segment. Ability to replace metal and other thermosets and bulk molding compounds, PEI has become a suitable alternative across a range of applications. The largest application of PEI is in the electrical and lighting systems, followed by under-the-hood applications.
On the basis of form, PEI sheet is estimated to be the leading segment used as a high-performance plastic material. This sheet provides good thermal performance, high strength & stiffness, flame retardancy, acids resistance and others. PEI sheet has low moisture absorption and excellent dimensional stability in a variety of environments, and hence meet the demands of a range of applications.
Injection molding is used to manufacture variety of products with complex structures. PEI using Injection molding is widely across many applications in medical and electronics sectors such as medical devices, instrument trays, and electrical enclosures due to its strength and rigidity. It also offers dimensional stability and chemical resistance and hence makes PEI ideal for environments that include hot air and water, as it is hydrolytically stable and has excellent electrical properties.
APAC is projected to lead the polyetherimide (PEI) market during the forecast period. Increase in the consumption of PEI in various applications due to continued industrialization and growth in the transportation, electronics, and medical sectors acts as the major drivers for the growth of the region. In addition, rising demand for specialty polymers in the industrial sector are driving the use of PEI.
Key market players include SABIC (Saudi Arabia), RTP Company (US), Ensinger Plastics (Germany), Röchling Group (Germany), Kuraray Europe (Germany), Mitsubishi Chemical Advanced Materials (Japan), Solvay SA (Belgium), and Toray Industries (Japan).
Key Questions Addressed by the Report
- What are the global demand trends for PEI? Will the market witness an increase or decline in demand in the coming years?
- What is the estimated demand for PEI? Which type is used the most in end-use industries?
- What were the revenue pockets for the PEI market in 2018?
- What are the upcoming technologies/product areas that will have a significant impact on the market in the future?
- Who are the major PEI manufacturers, globally?
2. Research Methodology
Limitation and Assumptions
3. Executive Overview
4. Market Overview
5. Polyetherimide Market, By End-Use Industry
Electrical & Electronics
6. Polyetherimide Market, By Grade
7. Polyetherimide Market, By Process
8. Polyetherimide Market, By Form
9. Polyaspartic Coating Market, By Region
Rest of Europe
Rest of APAC
Rest of Middle East
Rest of the World
10. Company Profiles
Mitsubishi Chemical Advanced Materials
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