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    Polyetherimide (PEI) Market | Covid-19 Impact Analysis

    Polyetherimide (PEI) Market | Covid-19 Impact Analysis

    Polyetherimide (PEI) Market | Covid-19 Impact Analysis
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    Polyetherimide (PEI) Market Size, Share, Trend, Forecast, & Industry Analysis – See more...
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    Impact of COVID-19 on Polyetherimide (PEI) Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Polyetherimide (PEI) Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Polyetherimide (PEI) Market Insights

    Polyetherimide (PEI) market is likely to witness an impressive CAGR of 6.8% during the forecast period. The prime factor that is contributing to the demand for polyetherimide (PEI) is mainly the increasing usage of high-performance polymer in various heat resistant applications, such as transportation and industrial. Further, owing to its lesser manufacturing steps and joints, PEI, along with thermally conductive fillers, remains a cost-effective solution to metals. It is extensively used as an alternative to metals in compact electronic gadgets, as it enhances the performance of compact electronics by dissipating heat. Besides the electronics industry, PEI is employed in various end-use industries, such as transportation, medical, consumer good, and industrial. All these factors are expected to underpin the growth of the market during the forecast period. 

    Polyetherimide (PEI) Market - Snapshot

    Growth

    6.8% for the next five years

    Major Grade Type

    Reinforced

    Major Form Type

    Sheet

    Major Process Type

    Injection Molding

    Dominant End-Use Industry Type

    Transportation

    Region with the highest demand

    APAC

    Key Players

    SABIC, RTP Company, Ensinger Plastics, Solvay SA, Rochling Group, Kuraray Europe, Toray Industries, Mitsubishi Chemical Advanced Materials, and Polymer Industries

     

    Market Share Analysis

    Polyetherimide-Market-Dominant-Segments

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    Polyetherimide (PEI) Market Share: By End-Use Industry Type

    Based on the end-use industry type, the market is segmented as transportation, electrical & electronics, medical, consumer goods, industrial, and others. The automotive subsegment under the segment of transportation held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. The wide use of PEI in this application is increasing due to surge in demand for electric vehicles, reduction in weight, and fuel-efficient products, which is contributing to the growth of the segment.

    Polyetherimide (PEI) Market Share: By Grade Type

    Based on the grade type, the polyetherimide (PEI) market is segmented as reinforced and unreinforced. The reinforced PEI segment dominates the market as it is considered to fulfill various engineering demands. Further, it is classified into two types, as glass-reinforced and fibre- reinforced PEIs; which provide greater dimensional stability and higher mechanical strength. Fibre-reinforced PEI is preferred in various applications to prevent products from corrosion, assist in carrying load, and also, provide strength and stiffness.

    Polyetherimide (PEI) Market Share: By Form Type

    Based on the form type, the market is segmented as film, sheet, granule, tube, and rod. The PEI sheet segment dominates the market, as it is made up of amorphous PEI, which is used as a high-performance plastic material. The growth of the segment can be attributed to the properties, by virtue of which, sheets provide good thermal performance and high strength and stiffness. In addition, its other attributes such as flame retardancy, acid resistance, and easy operational capability in the presence of steam and hot water drives its demand.

    Polyetherimide (PEI) Market Share: By Process Type

    Based on the process type, the market is segmented as injection molding, extrusion, thermoforming, and compression molding. The injection molding process segment commands the market as it is used for fabrication of plastic products, in terms of size, application, and complexity. It is used in various other applications also, such as medical devices, instrument trays, and electrical enclosures.

    Polyetherimide (PEI) Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the largest market for polyetherimide (PEI) during the forecast period, with China, Japan, and India, being the major countries with lucrative growth opportunities. The growth of the market is driven by the growth of various end-use industries, such as industrial, transportation, electronics, and medical, which is generating enormous demand for polyetherimide (PEI). Further, the growing demand for specialty polymers in industrial sector and the presence of a large number of polyetherimide (PEI) manufacturers in the Asia-Pacific region are propelling the growth of the market. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

    Polyetherimide-(PEI)-Market-By-Region

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    Some of the major polyetherimide (PEI) manufacturers are-

    • SABIC
    • RTP Company
    • Ensinger Plastics
    • Röchling Group
    • Solvay SA 
    • Toray Industries.

     

    Market Scope & Segmentation

    Polyetherimide (PEI) is a type of high-performance polymer that consists of ether links and imide groups in its polymer chain. It possesses various properties, such as flame resistance, low smoke emission, high elastic strength, and hydrolytic steadiness.

    Polyetherimide (PEI) is mainly used as a substitute to metals in compact electronic gadgets to increase their performance, due to its heat dissipation properties.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Polyetherimide (PEI) Market Research Report - Features

    Market Segmentation

    5

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    9

     

    The polyetherimide (PEI) market is segmented into the following categories. 

    Polyetherimide (PEI) Market Size, Share, & Forecast, by Grade Type:

    • Reinforced (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Unreinforced (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Polyetherimide (PEI) Market Size, Share, & Forecast, by Process Type:

    • Injection Molding (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Extrusion (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Thermoforming (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Compression Molding (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Polyetherimide (PEI) Market Size, Share, & Forecast, by Form Type:

    • Film (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Sheet (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Granule (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Tube (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Rod (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Polyetherimide (PEI) Market Size, Share, & Forecast, by End-Use Industry Type:

    • Transportation
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (End-Use Industry Type Analysis: Automotive and Aerospace)
    • Electrical & Electronics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Medical (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Consumer Goods (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Industrial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Polyetherimide (PEI) Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Polyetherimide-(PEI)-Market-Segmentation

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    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the form types by end-use industry type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of Polyetherimide Market in the foreseeable future?

    The polyetherimide market is expected to witness an impressive growth of 6.8% CAGR in the foreseeable future.

    Who are the key players in the Polyetherimide Market?

    SABIC, RTP Company, Ensinger Plastics, Rchling Group, Solvay SA and Toray Industries are among the key players in the polyetherimide market.

    Which region is expected to be the largest Polyetherimide Market?

    Asia-Pacific is expected to be the largest polyetherimide market during the next five years.

    Which end-use industry type is expected to remain dominant in the Polyetherimide Market?

    The automotive subsegment under the segment of transportation is expected to remain dominant in the polyetherimide market in the coming years.

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