Showing posts with label Polyetherimide (PEI) Market. Show all posts
Showing posts with label Polyetherimide (PEI) Market. Show all posts

Friday, 12 March 2021

5 Latest Development in Polyetherimide (PEI) Market


The Polyetherimide (PEI) Market is projected to grow from USD 522 million in 2019 to USD 714 million by 2024, at a CAGR of 6.5% during the forecast period. PEI is a high-performance polymer with both ether links and imide groups in its polymer chain. It is used in high-temperature applications where fast dissipation of heat is essential. Due to its creep resistance, low smoke emission, and flame resistance, the demand for PEI as a thermally conductive plastic has increased significantly. PEI, along with thermally conductive fillers, is a cost-effective solution to metals due to lesser manufacturing steps and joints. PEI is widely used as an alternative to metals in compact electronic gadgets, as it increases the performance of compact electronics by heat dissipation. In addition to the electronics industry, PEI is used in transportation, medical, consumer good, and industrial end-use industries.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=264439177

The key countries contributing to the growth of the PEI market in Europe are Germany, France, the UK, Italy, and Spain. Favorable government policies are expected to provide growth opportunities for R&D in the electronics & semiconductor and automotive industries in these countries. The growth in R&D investment in the region is mainly driven by the automotive, information and communications technology (ICT), and healthcare industries, which is expected to boost the demand for PEI in the region.

Recent Developments
  • SABIC (Saudi Arabia) launched polyetherimide (PEI) film – ULTEM film UTF120. This new product is designed to address the increasing need for high energy density capacitors that can store a large amount of electrical energy for a long period without the loss of charge. This product has application in the electrical & electronics end-use industry. Potential applications of the product include automotive components, electrical compressors, LED lighting, and LCD backlight in electronics and film capacitors in renewable energy.
  • SABIC announced plans to expand capacity for ULTEM resin production in Singapore, aiming to increase global production by 50%. This has helped the company to localize its production for customers in Asia and meet increasing customer demands.
  • RTP Company started a new 86,000 square foot manufacturing facility in Wroclaw, Poland, and this will help the company to support the regional demand and will offer a consistent supply in Europe.
  • The Röchling Group inaugurated its second plant in Vadodara with an investment of around 200 million rupees. This expansion will help the company to grow its roots in the Indian subcontinent and meet the demand of the region.

Speak with analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=264439177

Wednesday, 5 August 2020

Increasing demand from the transportation sector and electrification of vehicles are expected to drive the market of Polyetherimide (PEI)



The market for Polyetherimide (PEI) is projected to grow from USD 522 million in 2019 to USD 714 million by 2024, at a CAGR of 6.5%. PEI is a high-performance polymer with both ether links and imide groups in its polymer chain. It is used in high-temperature applications where fast dissipation of heat is essential. Due to its creep resistance, low smoke emission, and flame resistance, the demand for PEI as a thermally conductive plastic has increased significantly. PEI, along with thermally conductive fillers, is a cost-effective solution to metals due to lesser manufacturing steps and joints.

Download PDF Brochure to know more: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=264439177

In the transportation segment, automotive is one of the largest end-use industries of PEI. The use of PEI has been increasing due to its ability to replace metal and other thermosets and bulk molding compounds. PEI is apt for applications that require high heat resistance, strength, and chemical resistance. The largest application of PEI in this segment is in the electrical and lighting systems, followed by under-the-hood applications.

With the rise of electric vehicles, reduction in weight, and increasing demand for fuel-efficient products, the automotive industry is undergoing a transition in terms of material substitution. Therefore the demand for specialty polymers is increasing. PEI is expected to play a key role in this transition of plastics replacing metals in the automotive industry, which is expected to drive the market during the forecast period.

The key countries contributing to the growth of the PEI market in Europe are Germany, France, the UK, Italy, and Spain. Favorable government policies are expected to provide growth opportunities for R&D in the electronics & semiconductor and automotive industries in these countries. The growth in R&D investment in the region is mainly driven by the automotive, information and communications technology (ICT), and healthcare industries, which is expected to boost the demand for PEI in the region.

The leading players in the PEI market are SABIC (Saudi Arabia), RTP Company (US), Ensinger Plastics (Germany), Röchling Group (Germany), Kuraray Europe (Germany) Mitsubishi Chemical Advanced Materials (Japan), Solvay SA (Belgium), (Denmark), and Toray Industries (Japan).

The leading players in the PEI market are SABIC (Saudi Arabia), RTP Company (US), Ensinger Plastics (Germany), Röchling Group (Germany), Kuraray Europe (Germany) Mitsubishi Chemical Advanced Materials (Japan), Solvay SA (Belgium), (Denmark), and Toray Industries (Japan).

Don’t miss out on business opportunities in Polyetherimide (PEI) Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

Friday, 27 March 2020

APAC is projected to be the largest market for Polyetherimide (PEI) Market


The PEI market size is estimated to grow from USD 522 million in 2019 to USD 714 million by 2024, at a CAGR of 6.5% between 2019 and 2024. The increasing demand from the transportation sector, electrification of vehicles, and replacement of metals and specialty polymers with PEI in heat resistance applications are expected to drive the market.

Download PDF Brochure for more insight: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=264439177

APAC is projected to be the largest polyetherimide (PEI) market during the forecast period. There is an increase in the consumption of PEI in various applications due to continued industrialization and growth in the transportation, electronics, and medical sectors of the region. In addition, growing innovation & development and the rising demand for specialty polymers in the industrial sector are driving the use of PEI. The increasing population and growing industrialization are also driving the polyetherimide (PEI) market in China, along with the growing export of different consumer electronics products by China to various European and North American countries.

Key Questions Addressed by the Study


  • 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 polyetherimide (PEI) market in 2018?


The use of PEI has been increasing due to its ability to replace metal and other thermosets and bulk molding compounds. PEI is apt for applications that require high heat resistance, strength, and chemical resistance. The largest application of PEI in this segment is in the electrical and lighting systems, followed by under-the-hood applications.

With the rise of electric vehicles, reduction in weight, and increasing demand for fuel-efficient products, the automotive industry is undergoing a transition in terms of material substitution. Therefore the demand for specialty polymers is increasing. PEI is expected to play a key role in this transition of plastics replacing metals in the automotive industry, which is expected to drive the market.

The leading players in the PEI market are SABIC (Saudi Arabia), RTP Company (US), Ensinger Plastics (Germany), Röchling Group (Germany), Kuraray Europe (Germany) Mitsubishi Chemical Advanced Materials (Japan), Solvay SA (Belgium), (Denmark), and Toray Industries (Japan).

Sunday, 6 October 2019

Polyetherimide (PEI) Market Trends & Technological Advancements by 2024

The Polyetherimide (PEI) Market size is estimated to grow from USD 522 million in 2019 to USD 714 million by 2024, at a CAGR of 6.5% between 2019 and 2024. The increasing demand from the transportation sector, electrification of vehicles, and replacement of metals and specialty polymers with PEI in heat resistance applications are expected to drive the market.
Injection molding is projected to be the fastest-growing process type segment of the PEI market. PEI is used in applications such as medical and electronics due to its strength and rigidity. This amber, high-performance polymer also provides properties such as dimensional stability and chemical resistance. PEI is ideal for environments that include hot air and water, as it is hydrolytically stable, can be resistant to heat for an extended period, and has excellent electrical properties. PEI processed through injection molding is used in applications such as medical devices, instrument trays, and electrical enclosures.
PEI sheet is projected to be the fastest-growing form. It is resistant to UV radiation even in unreinforced grade and offers properties such as high dielectric constant, making it an excellent electrical insulator. The general application of PEI sheet includes electrical switchgear, connectors, microwave cookware, under bonnet components, non-combustible plenum connectors, jet engine components, printed wiring boards, aircraft interiors, and electrical hardware components.
The transportation end-use industry is the fastest-growing segment of the polyetherimide (PEI) market. In terms of volume, the transportation end-use industry is estimated to lead the PEI market, while the electrical & electronics segment is estimated to account for the second-largest share of the global polyetherimide (PEI) market. The use of PEI has been increasing due to its ability to replace metal and other thermosets and bulk molding compounds. PEI is apt for applications that require high heat resistance, strength, and chemical resistance. The largest application of PEI is in the electrical and lighting systems, followed by under-the-hood applications.
“Europe to account for the largest share in the PEI market during the forecast period.”


The key countries contributing to the growth of the PEI market in Europe are Germany, France, the UK, Italy, and Spain. Favorable government policies are expected to provide growth opportunities for R&D in the electronics & semiconductor and automotive industries in these countries. The growth in R&D investment in the region is mainly driven by the automotive, information and communications technology (ICT), and healthcare industries, which is expected to boost the demand for PEI in the region.

Wednesday, 14 August 2019

Polyetherimide (PEI) Market- Market Analysis & Forecast 2024

Polyetherimide Market is a high-performance polymer with both ether links and imide groups in its polymer chain. It is used in high-temperature applications where fast dissipation of heat is essential. Due to its creep resistance, low smoke emission, and flame resistance, the demand for PEI as a thermally conductive plastic has increased significantly. PEI, along with thermally conductive fillers, is a cost-effective solution to metals due to lesser manufacturing steps and joints. PEI is widely used as an alternative to metals in compact electronic gadgets, as it increases the performance of compact electronics by heat dissipation. In addition to the electronics industry, PEI is used in transportation, medical, consumer good, and industrial end-use industries. The global PEI market is estimated to grow from USD 522 million in 2019 to USD 714 million by 2024, at a CAGR of 6.5% during the forecast period.
PEI is used in manufacturing various interior and exterior components in the automotive and aerospace industries. The important properties of PEI are its high heat resistance, lightweight, high dimensional stability, and high chemical resistance. In the aerospace industry, it is important to use materials that are fire retardant and emit less smoke and toxic gases in case of fire. PEI fulfills these requirements, resulting in its high demand in the aerospace industry.
Fiber reinforced PEI is a strong, lightweight material used in the manufacturing of numerous products. Although it does not absorb water, fiber reinforced PEI is resistant to several chemical solutions and can withstand extreme conditions without getting corroded. Fiber reinforced PEI has a lower expansion rate and higher compressive strength and stiffness as compared to glass reinforced PEI. Reinforced PEI also has higher thermal conductivity than unreinforced PEI, which improves the service life of a component. These properties of reinforced PEI is driving the market in different end-use industries.
APAC is projected to be the fastest-growing PEI market during the forecast period. According to the IMF, the growth in APAC will remain robust, with the GDP growth rate estimated at 5.1% in 2019. There is an increase in the consumption of PEI in various applications due to continued industrialization and growth in the transportation, electronics, and medical sectors of the region. In addition, growing innovation & development and the rising demand for specialty polymers in the industrial sector are driving the use of PEI.
The leading players in the PEI market are SABIC (Saudi Arabia), RTP Company (US), Ensinger Plastics (Germany), Röchling Group (Germany), Kuraray Europe (Germany) Mitsubishi Chemical Advanced Materials (Japan), Solvay SA (Belgium), (Denmark), and Toray Industries (Japan).

Tuesday, 2 July 2019

SABIC (Saudi Arabia) and RTP Company (US) are the Leading Players in the Polyetherimide (PEI) Market

The global market size of PEI is projected to grow from USD 522 million in 2019 to USD 714 million by 2024, at a compound annual growth rate (CAGR) of 6.5% during the forecast period. The major driving factors for the market are increased demand from the transportation sector, electrification of vehicles, and growth in the emerging economies. PEI is widely used to meet weight reduction requirements and increased compactness in under-the-hood components that requires high heat resistance
The leading players in the PEI market are 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). These players adopted expansions, acquisitions, and new product developments as their key growth strategies between 2017 and 2018, which helped them increase their capacities and cater to the widening customer base.
To know about the assumptions considered for the study download the pdf brochure
SABIC (Saudi Arabia) announced plans to expand capacity for ULTEM resin production in Singapore, aiming to increase global production by 50%. This has helped the company to localize its production for customers in Asia and meet increasing customer demands. SABIC launched polyetherimide (PEI) film – ULTEM film UTF120. This new product is designed to address the increasing need for high energy density capacitors that can store a large amount of electrical energy for an extended period without the loss of charge. This product has application in the electrical & electronics end-use industry. Potential applications of the product include automotive components, electrical compressors, LED lighting, and LCD backlight in electronics and film capacitors in renewable energy.
In March 2018, RTP Company started a new 86,000 square foot manufacturing facility in Wroclaw, Poland; and this will help the company to support the regional demand and will offer a consistent supply in Europe. In March, 2017, The Röchling Group inaugurated its second plant in Vadodara with an investment of around USD 2.87 million. This expansion will help the company to grow its roots in the Indian subcontinent and meet the demand of the region.
Related Reports:
Polyetherimide (PEI) Market by Form (Film, Sheet, Granule, Tube, Rod), Grade (Reinforced, Unreinforced), Process Type (Injection Molding, Extrusion, Thermoforming, Compression Molding), End-use Industry, and Region – Global Forecast to 2024

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