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Polyetherimide (PEI) - Global Strategic Business Report

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    Report

  • 96 Pages
  • December 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5304022
The global market for Polyetherimide (PEI) was estimated at US$711.1 Million in 2023 and is projected to reach US$1.1 Billion by 2030, growing at a CAGR of 6.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Global Polyetherimide (PEI) Market - Key Trends & Drivers Summarized

What Is Polyetherimide (PEI) and Why Is It a Leading High-Performance Polymer?

Polyetherimide (PEI) is a high-performance thermoplastic known for its outstanding mechanical, thermal, and chemical properties, making it one of the most sought-after materials in demanding applications. PEI is highly resistant to heat, with a glass transition temperature of approximately 217°C, allowing it to maintain structural integrity in extreme temperatures. Additionally, it offers excellent dimensional stability, high strength, and rigidity, making it ideal for replacing metals and other materials in various industries. PEI also exhibits inherent flame resistance and is resistant to a broad range of chemicals, which makes it suitable for harsh industrial environments.

Due to its impressive electrical insulation properties, PEI is frequently used in electronics and electrical components. Its biocompatibility further enables applications in the healthcare and medical fields, where it is often used in sterilization-friendly devices. These attributes make PEI a versatile polymer capable of performing under demanding conditions across various sectors such as aerospace, automotive, medical devices, and industrial manufacturing.

How Is Polyetherimide (PEI) Gaining Traction in Key Industrial Sectors?

PEI's growing use in industries such as aerospace, automotive, and electronics is primarily driven by its ability to meet stringent performance requirements, especially where lightweight and high-strength materials are needed. In the aerospace industry, PEI is being increasingly adopted due to its flame resistance, lightweight properties, and durability. It is used to manufacture critical components such as interior panels, structural parts, and electrical connectors, where materials must perform under high stress and extreme temperatures while reducing overall aircraft weight for fuel efficiency. Similarly, the automotive industry is utilizing PEI in engine components, sensors, and under-the-hood parts, where exposure to high temperatures and chemicals is common. PEI helps in weight reduction and enhances fuel efficiency, which are top priorities for the automotive industry, particularly with the rise of electric vehicles.

In the electronics sector, PEI is valued for its exceptional electrical insulation and heat resistance, making it an ideal choice for connectors, insulators, and semiconductor components. As electronic devices become more compact and sophisticated, PEI's dimensional stability and strength allow manufacturers to create more durable and efficient components. The medical field is also leveraging PEI's biocompatibility and ability to withstand sterilization processes such as autoclaving. It is used to produce medical instruments, surgical tools, and implantable devices. In all these industries, PEI is increasingly replacing metals and other traditional materials, offering better performance while contributing to weight reduction, fuel efficiency, and improved durability.

What Technological Advancements Are Expanding the Applications of Polyetherimide (PEI)?

Recent technological advancements in the processing of PEI are broadening its application across a variety of high-performance fields. One significant development is the increased adoption of additive manufacturing (3D printing) techniques, which allow for the fabrication of complex and custom-designed PEI parts with high precision. This innovation has opened up new opportunities in the aerospace and automotive industries, where lightweight, strong, and geometrically intricate parts are essential.

The use of PEI in 3D printing enables manufacturers to produce durable components faster and with less material waste compared to traditional manufacturing methods. Moreover, advancements in PEI composites, where it is combined with reinforcing fibers like carbon or glass, have further enhanced the material's strength, stiffness, and thermal resistance, making it suitable for even more demanding applications.

Additionally, the development of new grades of PEI that offer improved flow properties and easier processing has made the material more adaptable to a wider range of applications, including injection molding for mass production of precision parts. The increasing use of PEI in electronic and semiconductor applications has been facilitated by its ability to be processed into ultra-thin films for use in insulating and protective coatings. These advancements in processing and product development are helping manufacturers push the limits of what PEI can achieve, making it an indispensable material in both traditional manufacturing and cutting-edge technologies.

What Factors Are Driving the Growth of the Polyetherimide (PEI) Market?

The growth of the global PEI market is driven by several factors, all related to its outstanding material properties and expanding range of applications. One of the key drivers is the increasing demand for lightweight, high-performance materials in industries such as aerospace and automotive, where PEI's ability to replace metals without compromising strength or durability is crucial. This push toward lightweight materials is also fueled by the need for improved fuel efficiency and reduced carbon emissions, particularly in the transportation sector. Additionally, the electronics industry's growing need for materials that can withstand higher temperatures and offer superior insulation is driving the adoption of PEI in connectors, circuit boards, and other electronic components.

The medical device industry is another significant growth driver for the PEI market. As the demand for biocompatible, sterilization-resistant materials increases, PEI's suitability for reusable medical instruments and implantable devices has propelled its use in this sector. The rise of additive manufacturing and 3D printing technologies has also expanded PEI's market reach, allowing for more custom and complex part designs while reducing material waste.

Furthermore, the ongoing development of PEI composites - which combine the polymer with reinforcing fibers like carbon or glass - offers enhanced mechanical properties and opens up new opportunities in fields requiring even higher performance materials, such as defense and high-end industrial applications. These combined factors, along with increasing investment in research and development, are expected to continue driving the growth of the PEI market globally.

Scope of the Study

The report analyzes the Polyetherimide (PEI) market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.

Segments

Grade (Reinforced, Unreinforced); Process Type (Injection Molding, Extrusion, Thermoforming, Compression Molding); End-Use (Transportation, Electrical & Electronics, Consumer Goods, Medical, Industrial, Other End-Uses)

Geographic Regions/Countries

World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Reinforced Grade Polyetherimide segment, which is expected to reach US$796.3 Million by 2030 with a CAGR of a 6.9%. The Unreinforced Grade Polyetherimide segment is also set to grow at 4.5% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $188.2 Million in 2023, and China, forecasted to grow at an impressive 9.2% CAGR to reach $247.9 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Polyetherimide (PEI) Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Polyetherimide (PEI) Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Polyetherimide (PEI) Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players in the Global Polyetherimide (PEI) Market such as Centroplast Engineering Plastics GmbH, DXTech, Ensinger Plastics, GEHR Plastics, Inc., Kuraray Europe and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 48 companies featured in this Global Polyetherimide (PEI) Market report include:

  • Centroplast Engineering Plastics GmbH
  • DXTech
  • Ensinger Plastics
  • GEHR Plastics, Inc.
  • Kuraray Europe
  • Mitsubishi Chemical Advanced Materials
  • Mitsubishi Chemical Holdings
  • Mitsui Chemicals, Inc.
  • Nationwide Plastics, Inc.
  • PlastiComp, Inc.
  • Quadrant Group
  • Röchling Group
  • RTP Company
  • SABIC
  • Solvay SA
  • Toray Industries
  • Westlake Plastics Company
  • Zell-Metall GesmbH Engineering Plastics

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Global Economic Update
  • Polyetherimide (PEI) - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Rising Demand for High-Performance Engineering Plastics Spurs Adoption of Polyetherimide (PEI) in Aerospace and Automotive Applications
  • Growing Focus on Lightweighting Solutions in Automotive and Aerospace Expands Market Opportunities for Polyetherimide in Structural Components
  • Increasing Use of PEI in Medical Devices and Healthcare Applications Due to Its High-Strength and Sterilization Capabilities
  • Advancements in Additive Manufacturing Propel Growth in the Use of Polyetherimide for 3D Printing High-Temperature Resistant Parts
  • Rising Demand for Flame-Retardant Materials Strengthens the Business Case for Polyetherimide in Electrical and Electronic Applications
  • Expansion of the Telecommunications Sector Drives Adoption of PEI in High-Performance Connectors and Insulation Components
  • Growing Emphasis on Sustainability and Recyclability Spurs Innovation in Bio-Based and Recyclable Polyetherimide Composites
  • Increasing Focus on High-Strength, Heat-Resistant Materials Propels PEI Adoption in Industrial Applications such as Fluid Handling and Chemical Processing
  • Technological Innovations in Injection Molding Enhance the Use of PEI in Complex, High-Precision Parts for the Automotive Industry
  • Growth of Electric Vehicles (EVs) Expands Demand for Polyetherimide in Battery Housings, Connectors, and High-Voltage Components
  • Rising Use of Polyetherimide in Semiconductor Manufacturing and Microelectronics Drives Demand for Heat-Resistant and Non-Conductive Materials
  • Surge in Demand for PEI in High-Performance Fiber Optics and Telecommunication Equipment Strengthens Its Market Position in Electronics
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Polyetherimide (PEI) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for Polyetherimide (PEI) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 3: World 16-Year Perspective for Polyetherimide (PEI) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Reinforced by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 5: World Historic Review for Reinforced by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 6: World 16-Year Perspective for Reinforced by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Unreinforced by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 8: World Historic Review for Unreinforced by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 9: World 16-Year Perspective for Unreinforced by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Medical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 11: World Historic Review for Medical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 12: World 16-Year Perspective for Medical by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 14: World Historic Review for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 15: World 16-Year Perspective for Industrial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 17: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 18: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 20: World Historic Review for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 21: World 16-Year Perspective for Transportation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Electrical & Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 23: World Historic Review for Electrical & Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 24: World 16-Year Perspective for Electrical & Electronics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 25: World Recent Past, Current & Future Analysis for Consumer Goods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 26: World Historic Review for Consumer Goods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 27: World 16-Year Perspective for Consumer Goods by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 28: World Recent Past, Current & Future Analysis for Injection Molding by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 29: World Historic Review for Injection Molding by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 30: World 16-Year Perspective for Injection Molding by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 31: World Recent Past, Current & Future Analysis for Extrusion by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 32: World Historic Review for Extrusion by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 33: World 16-Year Perspective for Extrusion by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 34: World Recent Past, Current & Future Analysis for Thermoforming by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 35: World Historic Review for Thermoforming by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 36: World 16-Year Perspective for Thermoforming by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 37: World Recent Past, Current & Future Analysis for Compression Molding by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 38: World Historic Review for Compression Molding by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 39: World 16-Year Perspective for Compression Molding by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 40: World Polyetherimide (PEI) Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Polyetherimide (PEI) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Polyetherimide (PEI) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Polyetherimide (PEI) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Polyetherimide (PEI) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCE
  • Polyetherimide (PEI) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Polyetherimide (PEI) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Polyetherimide (PEI) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Polyetherimide (PEI) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIA
  • Polyetherimide (PEI) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Polyetherimide (PEI) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Polyetherimide (PEI) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Polyetherimide (PEI) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Polyetherimide (PEI) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned

  • Centroplast Engineering Plastics GmbH
  • DXTech
  • Ensinger Plastics
  • GEHR Plastics, Inc.
  • Kuraray Europe
  • Mitsubishi Chemical Advanced Materials
  • Mitsubishi Chemical Holdings
  • Mitsui Chemicals, Inc.
  • Nationwide Plastics, Inc.
  • PlastiComp, Inc.
  • Quadrant Group
  • Röchling Group
  • RTP Company
  • SABIC
  • Solvay SA
  • Toray Industries
  • Westlake Plastics Company
  • Zell-Metall GesmbH Engineering Plastics

Table Information