Polyetherimide (PEI) market is anticipated to grow at a CAGR of 6.3% during the forecast period. The growth of the market is attributed to the increasing demand for PEI from the end-user industry and heat resistance and transparency of PEI in comparison to other conventional polymers. PEI offers high strength modulus, and good electrical & insulation properties. In the Medical sector, PEI resins are suitable for both disposable and reusable medical devices. The PEI resins are both chemical and lipid resistant and are available in both clear and opaque grades, also they can withstand dry heat sterilization at 180°C, ethylene oxide gas, and gamma radiation. The separation, permeance, blood, and tissue biocompatibility properties make them suitable for use in membrane applications. High cost, low color ability, and cracking of the PEI when attacked by polar chlorinated solvents are the key factors that may restrict the growth of the global PEI market.
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The polyetherimide market is analyzed based on the type, application, and end-user industry. Based on type the market is segmented into reinforced and unreinforced. Based on type reinforced PEI is anticipated to hold considerable market share owing to its characteristic to carry the heavy load, to offer strength and stiffness. Based on application the market is segmented into sheet, coatings, pipes, films, and others. PEI sheets are anticipated to hold considerable market share based on application. These sheets are often used as high-performance plastic material to offer good thermal performance with high strength & stiffness. Additionally, this sheet is used as a flame retardant that can be operated in the presence of steam or hot water. Low moisture absorption and good dimensional stability in different environments are the superior characteristics of PEI sheets that are driving its market growth. Based on the end-user industry the market is segmented into electrical & electronics, household goods, automotive & transportation, and others (medical).
Polyetherimide Market Segmentation
By Type
- Reinforced
- Unreinforced
By Application
- Sheet
- Coatings
- Pipes
- Films
- Others
By End-User Industry
- Electrical & Electronics
- Household Goods
- Automotive & Transportation
- Others (Medical)
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Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
Company Profiles
- 3M Co.
- DowDuPont, Inc.
- Ensinger Plastics Pvt. Ltd.
- HaloPolymer
- Honeywell International Inc.
- V.Corp.
- Kuraray Europe GmbH
- Mitsubishi Chemical Advanced Materials AG
- Plastena
- Röchling Group
- RTP Co.
- SABIC
- Shandong Dongyue Polymer Material Co.,Ltd.
- Solvay S.A.
- SuKo PTFE MACHINE TECH CO.,LTD.
- The Chemours Co.
- Toray Advanced Composites
- Tristar Plastics Corp.
- Zeus Industrial Products, Inc.
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