Global polyetherimide (PEI) market is expected to grow stronger as compared to its historical period on the back of continuous developments in manufacturing processes of polyetherimide to increase global production capacities.
The global polyetherimide industry has witnessed several technological advancements related to weight reduction, 3D printing and carbon fiber technologies of polyetherimide products as compared to aluminum for manufacturing aircraft interior components.
For more insights into the Market, Request a Sample of this Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=1816?SP
Polyetherimide Market Statistics
- Global polyetherimide market revenue was worth USD 655 Million in 2021, with a 5.7% CAGR from 2022 to 2030
- Asia-Pacific region was accounted 34.2% of polyetherimide market share in 2021
- North America polyetherimide market growth is expected to expand at a CAGR of 6.3% from 2022 to 2030
- By form, sheet segment capture over 27.9% of total market share in 2021
- Growing usage in the aviation industry, drives the polyetherimide market value
Polyetherimide Market Segmentation
- The global polyetherimide market has been segmented by Acumen Research and Consulting based on grade, form, and application. By grade, the segment is separated into unreinforced and reinforced (glass fiber and carbon fiber). According to the polyetherimide market forecast, the reinforced category is predicted to develop significantly in the next years.
- In terms of form, the market is categorized into integral film, sheet, tube, granule, and rod. Moreover, the market is split into automotive (interiors, under hood components, bumper and fuel systems), electronics (switches, coils & fuses and semiconductors), aerospace (antenna construction and interiors), pharmaceuticals (fixtures and surgical probes), consumer products (kitchenware and appliances), industrial (oil & gas, telecommunication, fluid handling and marine cleats), and food, based on the application.
Polyetherimide Market Regional Overview
- Based on the region, the worldwide polyetherimide market segmentation is into Asia Pacific, Europe, North America, Middle East and Africa, and Latin America. According to the current polyetherimide industry analysis, the Asia-Pacific region is anticipated to hold a significant share of the global market followed by Europe and North America territory. Its predominance in the Asia-Pacific region originates from its widespread use in the automobile sector for a wide range of applications such as dashboards and fenders due to its strength. Furthermore, population growth and fast urbanization are important factors that will benefit the car sector. This aspect will promote growth for the Asia-Pacific polyetherimide (PEI) industry. Besides that, the increase in consumption from the medical industry brought on by consumers’ increased awareness of infectious conditions is the key factor driving the polyetherimide (PEI) industry in the Europe region. Latin America and the Middle East and Africa are expected to increase significantly during the projection period.
For In-Depth Competitive Analysis, Buy Now:
https://www.factmr.com/checkout/1816
Questions Answered By This Report
- What was the market size of Polyetherimide Market in 2021?
- What will be the CAGR of Polyetherimide Market during the forecast period from 2022 to 2030?
- Who are the major players in Global Polyetherimide Market?
- Which region held the largest share Polyetherimide Market in 2021?
- What are the key market drivers Polyetherimide Market?
- Who is the largest end user Polyetherimide Market?
- What will be the Polyetherimide Market value in 2030?
Contact:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: [email protected]