Market Snapshot:
Polyetherimide (PEI) is a polymer containing cyclic imide, especially a five-membered ring, and ether units in the backbone. Polyetherimide is an amorphous polymer that ranges from amber to transparent in color. Unlike other polymers, the surface of polyetherimide PEI can be modified to either hydrophilic or hydrophobic characteristics, enabling its extensive use in membrane applications due to its separation, permeance, blood, and tissue biocompatibility properties. Typical applications include membranes for biohybrid applications. Other medical applications of PEI are surgical instrument handles and enclosures, non-implant prostheses, etc.
Highlights from Polyetherimide Market Study
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 15.1% |
The key Vendors profiled in the report are Aikolon Oy (Finland), Eagle Performance Plastics Inc. (United States), Emco Industrial Plastics (United States), Ensinger (Germany), GEHR (India), Kuraray Europe GmbH (Germany), Mitsubishi Chemical Advanced Materials (Switzerland), PlastiComp Inc. (United States), RoechlingRTP Company (China), SABIC (Saudi Arabia) and Solvay SA (Belgium). Additionally, other players that are part of this comprehensive study are SABIC (Saudi Arabia), Ensinger (Germany), GE Engineering Thermoplastics (Netherlands.), Kuraray Europe (Texas) and Mitsui Chemicals, Inc (Japan).
Geographic Breakdown and Segment Analysis
The Global Polyetherimide market presents a comprehensive analysis of the Polyetherimide market by end-user/application (Medical and Health Care, Electrical and Electronics, Automotive, Aerospace, Pharmaceutical and Others), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Polyetherimide industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Polyetherimide market
Analyst at AMA have segmented the market study of Global Polyetherimide market by Type, Application and Region.
Influencing Trend:
Increasing demand from electrical & electronics industry and Growing focus on sustainability
Market Growth Drivers:
Increasing demand from the transportation industry and Rising Demand from the Electronics Industry
Challenges:
High manufacturing cost of polyetherimide and Volatility in prices of raw materials
Restraints:
High price when compared to the conventional polymers and Unfavorable conditions arising due to COVID-19
Opportunities:
High demand in industries
In October 2023, Sabic announced the launch of a new portfolio of bio-based polyetherimide resins offering the same high performance and processability as their conventional counterparts and marketed under the same Ultem brand name.
Key Target Audience
Manufacturing, Suppliers, Providers and Others