Global Polyetherimide Market is valued at approximately USD 0.59 Billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.5 % over the forecast period 2022-2029. Polyetherimide is an amorphous thermoplastic polymer with applications in a variety of industries including automotive, electrical and electronics, aircraft, and many others. Polyetherimide is a key component in the production of various automotive components such as handles, bumpers, and so on. The rising expansion of auto component industry and growing electrification of vehicles are key factors driving the market growth.
Due to its application in automotive industry, the demand for polyetherimide has significantly increased in recent times. As it is being used for development of lightweight automotive components such as under-the-hood components. Therefore, the growing expansion of auto component industry would create lucrative growth prospectus for the market over the forecast period. For instance- as per Automobile Component Manufacturers Association (ACMA) of India forecast, in 2021, auto component exports from India were estimated at USD 19.00 billion. Furthermore, auto component exports from India is expected to grow to USD 30 billion by 2026. . Also, growing adoption in structural applications and growing investment in aerospace and EV industry would create lucrative growth prospectus for the market over the forecast period. However, competition from hybrid polymers and composites and high cost of polyetherimide hinder the market growth throughout the forecast period of 2022-2029.
The regional analysis of Global Polyetherimide market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is estimated as the dominant and the fastest growing region over the forecast period due to presence of major automobile manufacturers as well as increase in the consumption of PEI in industrial applications owing to growing industrialization and growth in the transportation, electronics, and medical sectors.
Major market players included in this report are:
- SABIC (Saudi Arabia)
- RTP Company (US)
- Ensinger Plastics (Germany)
- Rochling Group (Germany)
- Kuraray Europe (Germany)
- Mitsubishi Chemical Advanced Materials (Japan)
- Solvay SA (Belgium)
- Toray Industries (Japan)
- Ensinger (India)
- Aetna Plastics (US)
Recent Developments in the Market:
- In June 2021, Sweden based Diab Group entered into an agreement to acquire the ULTEM foam-production line from Jubail, Saudi Arabia based SABIC. Furthermore, Diab would incorporate the ULTEM resin-based foam into its current portfolio under the name Divinycell U would initiate the development of ULTEM resin-based foam with support from SABIC.
Global Polyetherimide Market Report Scope:
- Historical Data: 2019-2020-2021
- Base Year for Estimation: 2021
- Forecast period: 2022-2029
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Grade, End-Use Industry, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Material offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Grade:
By End-Use Industry
- Transportation
- Electrical and Electronics
- Consumer Goods
- Healthcare
- Household and Industrial Appliances
- Others
By Region:
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Polyetherimide Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Polyetherimide Market, by Grade, 2019-2029 (USD Billion)
- 1.2.3. Polyetherimide Market, by End-Use Industry, 2019-2029 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Polyetherimide Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Polyetherimide Market Dynamics
- 3.1. Polyetherimide Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Growing expansion of automotive component industry
- 3.1.1.2. Rising electrification of vehicles
- 3.1.2. Market Challenges
- 3.1.2.1. Increased competition from Hybrid Polymers Composites
- 3.1.2.2. High cost of polyetherimide
- 3.1.3. Market Opportunities
- 3.1.3.1. Rapid adoption in structural applications
- 3.1.3.2. Growing investment in aerospace and EV industry
Chapter 4. Global Polyetherimide Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. Industry Experts Prospective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Polyetherimide Market, by Grade
- 6.1. Market Snapshot
- 6.2. Global Polyetherimide Market by Grade, Performance - Potential Analysis
- 6.3. Global Polyetherimide Market Estimates & Forecasts by Grade 2019-2029 (USD Billion)
- 6.4. Polyetherimide Market, Sub Segment Analysis
- 6.4.1. Reinforced
- 6.4.2. Unreinforced
Chapter 7. Global Polyetherimide Market, by End-Use Industry
- 7.1. Market Snapshot
- 7.2. Global Polyetherimide Market by End-Use Industry, Performance - Potential Analysis
- 7.3. Global Polyetherimide Market Estimates & Forecasts by End-Use Industry 2019-2029 (USD Billion)
- 7.4. Polyetherimide Market, Sub Segment Analysis
- 7.4.1. Transportation
- 7.4.2. Electrical and Electronics
- 7.4.3. Consumer Goods
- 7.4.4. Healthcare
- 7.4.5. Household and Industrial Appliances
- 7.4.6. Others
Chapter 8. Global Polyetherimide Market, Regional Analysis
- 8.1. Polyetherimide Market, Regional Market Snapshot
- 8.2. North America Polyetherimide Market
- 8.2.1. U.S. Polyetherimide Market
- 8.2.1.1. Grade breakdown estimates & forecasts, 2019-2029
- 8.2.1.2. End-Use Industry breakdown estimates & forecasts, 2019-2029
- 8.2.2. Canada Polyetherimide Market
- 8.3. Europe Polyetherimide Market Snapshot
- 8.3.1. U.K. Polyetherimide Market
- 8.3.2. Germany Polyetherimide Market
- 8.3.3. France Polyetherimide Market
- 8.3.4. Spain Polyetherimide Market
- 8.3.5. Italy Polyetherimide Market
- 8.3.6. Rest of Europe Polyetherimide Market
- 8.4. Asia-Pacific Polyetherimide Market Snapshot
- 8.4.1. China Polyetherimide Market
- 8.4.2. India Polyetherimide Market
- 8.4.3. Japan Polyetherimide Market
- 8.4.4. Australia Polyetherimide Market
- 8.4.5. South Korea Polyetherimide Market
- 8.4.6. Rest of Asia Pacific Polyetherimide Market
- 8.5. Latin America Polyetherimide Market Snapshot
- 8.5.1. Brazil Polyetherimide Market
- 8.5.2. Mexico Polyetherimide Market
- 8.5.3. Rest of Latin America Polyetherimide Market
- 8.6. Rest of The World Polyetherimide Market
Chapter 9. Competitive Intelligence
- 9.1. Top Market Strategies
- 9.2. Company Profiles
- 9.2.1. SABIC (Saudi Arabia)
- 9.2.1.1. Key Information
- 9.2.1.2. Overview
- 9.2.1.3. Financial (Subject to Data Availability)
- 9.2.1.4. Product Summary
- 9.2.1.5. Recent Developments
- 9.2.2. RTP Company (US)
- 9.2.3. Ensinger Plastics (Germany)
- 9.2.4. Rochling Group (Germany)
- 9.2.5. Kuraray Europe (Germany)
- 9.2.6. Mitsubishi Chemical Advanced Materials (Japan)
- 9.2.7. Solvay SA (Belgium)
- 9.2.8. Toray Industries (Japan)
- 9.2.9. Ensinger (India)
- 9.2.10. Aetna Plastics (US)
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- 10.3. Research Assumption