Polyetherimide Market Research Report Information by Process (Injection Molding, Blow Molding, Foam Molding and Extrusion), Type (Unreinforced and Reinforced), Form (Sheets, Rods, Granules and Films), End-Use Industry (Automotive, Medical, Food & Beverage, Aerospace, Marine, Telecommunication, Electrical & Electronics and others) and Region (North America, Europe, Latin America, Asia-Pacific and the Middle East & Africa) - Forecast till 2032

Polyetherimide Market Summary

As per MRFR Analysis, the global polyetherimide market is projected to exceed USD 870 million by 2030, with a CAGR of 7%. The growth is primarily driven by increasing demand in the electronics and electrical sectors, attributed to polyetherimide's mechanical strength, temperature resistance, and thermo-oxidative properties. Technological advancements have facilitated its application in connectors, motor parts, and printed circuit boards, enhancing accessibility in the electronics industry. Key developments include SABIC's launch of FDA-compliant PEI materials for food contact applications and the expansion of ULTEM resin optical materials for fiber optics. The market is segmented by process, type, form, and end-use industry, with significant growth expected in automotive, aerospace, and medical applications.

Key Market Trends & Highlights

The polyetherimide market is witnessing robust growth driven by technological advancements and increasing applications across various industries.

• Market Size in 2030: USD 870 million; CAGR: 7%
• Asia-Pacific dominated the market in 2018, driven by manufacturing output from China, India, and ASEAN countries.
• North America and Europe are expected to account for significant market shares due to investments in automotive and aerospace sectors.
• SABIC's new FDA-compliant PEI materials enhance market opportunities in food processing and medical fields.

Market Size & Forecast

Market Size in 2021: USD 870 million

Expected CAGR: 7%

Largest Regional Market: Asia-Pacific

Major Players

Key players include SABIC (Saudi Arabia), Ensinger (India), Aetna Plastics (US), Westlake Plastics Company (US), Mitsubishi Chemical Advanced Materials (Japan), RTP Company (US), Centroplast Engineering Plastics GmbH (Germany), Röchling SE & Co. KG (Germany), PolyOne Corporation (US), Lehmann&Voss&Co. (Germany), Aikolon Oy (Finland), and others.

2021: In March last year, SABIC launched PEI materials specifically formulated for food contact applications. These new types, which are FDA compliant, expanded acceptance of ULTEM™ into food processing industries and medical fields​ (Polymershapes).

ULTEM™ polyetherimide resin was introduced by GE Plastics, now SABIC. It was the first commercialization wave for PEI that mainly aimed at applications requiring high performance in harsh environments​.

List of Key Players in the Polyetherimide Market are

Some of the key players operating in the polyetherimide market are SABIC (Saudi Arabia), Ensinger (India), Aetna Plastics (US), Westlake Plastics Company (US), Mitsubishi Chemical Advanced Materials (Japan), RTP Company (US), Centroplast Engineering Plastics GmbH (Germany), Röchling SE & Co. KG (Germany), PolyOne Corporation (US), Lehmann&Voss&Co. (Germany), Aikolon Oy (Finland), and others

Global Polyetherimide Market Share, By End-Use Industry, 2018 (%)  

Source: MRFR Analysis

Regional Analysis

The global polyetherimide market has been studied across five key regions, namely Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa. Asia-Pacific dominated the global polyetherimide market in 2018, on account of robust manufacturing output in the region, particularly from China, India, and ASEAN countries. India is expected to witness healthy growth in terms of demand for polyetherimide, owing to rapid industrialization and growth of the automotive industry in the country. The North American and European markets are expected to account for significant shares of the global polyetherimide market. Increasing investment in shale gas production in the US is expected to foster the demand for polyetherimide during the forecast period. The demand for polyetherimide is projected to increase significantly in the end-use industries in Europe and North America such as automotive and aerospace, owing to high adoption of lightweight composite materials. The Middle East & African market is projected to witness relatively moderate growth during the forecast period. Latin America is expected to be an opportunistic regional market for polyetherimide owing to recovering economic conditions in Brazil and Argentina. Furthermore, increasing investments in end-use industries such as automotive, aerospace, and electrical & electronics industry is expected to further propel the growth of the regional market during the forecast period.

Segmentation Analysis

The global polyetherimide market has been segmented based on process, type, form end-use industry, and region.

On the basis of process, the global polyetherimide market has been categorized into injection molding, blow molding, foam molding, and extrusion.

On the basis of type, the global polyetherimide market has been categorized into unreinforced and reinforced. The reinforced segment is further segregated into carbon fiber and fiberglass.

On the basis of form, the global polyetherimide market has been categorized into sheets, rods, granules, and films.

By end-use industry, the global polyetherimide market has been divided into automotive, medical, food & beverage, aerospace, marine, telecommunication, electrical & electronics, and others.

The global polyetherimide market, by region, has been segregated into North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa.

Recent Development

August 2022: SABIC broadens its range of ULTEM resin optical materials to facilitate the fast adoption of single-mode fiber optics. This new polyetherimide (PEI) resin has a much lower coefficient of thermal expansion (CTE) than standard ULTEM grades. The ability of ULTEM 3310TD resin to be efficiently produced using high-volume molding eliminates the need for expensive secondary operations, enhances design flexibility, and reduces part weight.

In March 2022, Airbus Atlantic consolidated resources and expertise from Airbus’s facilities in Nantes and Montoir-de-Bretagne, France, with STELIA Aerospace sites worldwide. Airbus Atlantic is going to be a key member within the group’s value chain as it plays a major role in the aerostructure supply chain with more than 500 direct suppliers (flying products) and more than 2,000 indirect suppliers (general procurement products)

Target Audience

• Manufactures of polyetherimide


• Traders and distributors of polyetherimide


• Research institute/education institute


• Potential investors

Report Attribute/Metric	Details
Market Size	2030: USD 870 million
CAGR	7%(2022-2030)
Base Year	2023
Forecast Period	2022 to 2030
Historical Data	2019 & 2020
Forecast Units	Value (USD Million)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	process, type, form end-use industry, and region
Geographies Covered	Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa
Key Vendors	SABIC (Saudi Arabia), Ensinger (India), Aetna Plastics (US), Westlake Plastics Company (US), Mitsubishi Chemical Advanced Materials (Japan), RTP Company (US), Centroplast Engineering Plastics GmbH (Germany), Röchling SE & Co. KG (Germany), PolyOne Corporation (US), Lehmann&Voss&Co. (Germany), Aikolon Oy (Finland)
Key Market Opportunities	The electrical & electronics industry is expected to be the second-largest consumer of polyetherimide.
Key Market Drivers	Its growing adoption as an alternative to polyimides to overcome the challenge associated with it, i.e., difficulty in melt processing.