Report
Description
A recent market intelligence report that is published by Data
Insights Partner on Polyetherimide (PEI) Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international. The research study also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and world Polyetherimide (PEI) Market over the short as well as long period of time. A
detailed presentation of forecast, trends, and dollar values of international Polyetherimide
(PEI) Market is offered.
Market
Insights:
In accordance with the report, the Polyetherimide (PEI)
Market is projected to expand at a CAGR of X.X% over the period
of forecast. The global Polyetherimide
(PEI) Market was valued at USD XX.X Mn in 2019 and is expected to reach USD
XX.X Mn in 2031, growing with a significant CAGR rate during the forecast
period. The market's expansion has been fueled by an increased requirement for
environmental control and smoke emission reduction. Smoke emissions have risen
dramatically as a result of industrialization. As a result, governments have
enacted strict pollution control legislation, encouraging the use of PEI. The need for high-performance polymers has
increased dramatically as the automobile industry has grown rapidly. This has
had a positive impact on polyetherimide production, resulting in the worldwide
polyetherimide market expanding. The market's growth has also been fueled by
PEI's uses in the oil and gas industry. PEI's market expansion may be hampered
by price variations. However, a big opportunity for market growth is the
growing need from the end-user industry to satisfy the unmet PEI demand. Technological
advancements and potential integration of the product in different applications
including switches, semi-conductors, and aircraft antenna construction will
contribute to mounting industry size. PEI comes in a variety of diameters and
lengths, depending on the use. It is used in the pharmaceutical business for
medical reusable products that need to be sterilised on a regular basis. This
factor is expected to boost the market demand during the forecast period.
The Asia-Pacific region dominated the global
polyetherimide market in 2021, thanks to strong industrial output from China,
India, and ASEAN countries. The polyetherimide market in North America and
Europe is predicted to account for a sizable portion of the global market.
During the projection period, rising investment in shale gas production in the
United States is likely to boost polyetherimide demand. Owing to the widespread
usage of lightweight composite materials in Europe and North America, demand
for polyetherimide is expected to rise dramatically in end-use industries such
as automotive and aerospace.
Research
Methodology:
To compile
the detailed study of the global Polyetherimide
(PEI) Market,
a robust research methodology has been adopted that aids in determining the key
insights and also evaluates the growth prospects of the Polyetherimide (PEI) Market. Comprehensive and iterative research
methodology focused on minimizing deviance in order to provide the most
accurate estimates and forecast possible. The company utilizes a combination of
bottom-up and top-down approaches for segmenting and estimating quantitative
aspects of the market. Our research methodology implements a mix of primary as
well as secondary research. Our projects are initiated with secondary research,
where we refer to a variety of sources including trade databases; government
published documents, investor presentations, company annual reports, Industrial
papers, and paid databases. To carry out secondary research, the analysts have
collected the information through company annual reports, journals, company
press releases, and paid databases that were referred to gain and identify
better opportunities in the Polyetherimide
(PEI) Market.
COVID-19
Scenario Analysis:
The COVID-19
outbreak has shaken the whole economy in the world. In this scenario some
industries are doing quite well while others have been crushed. This section of
the report has explored the overall status of the COVID-19 scenario. The
industry witnessed a huge decline in terms of sales. Likewise, the Polyetherimide (PEI) Market was affected negatively due to the
shutdown of manufacturing/processing facilities for some time. The analysts
have also focused on the key measures that the companies are opting to
withstand the harsh scenario.
Segment
Covered:
Polyetherimide (PEI) Market report has been segmented By Form, By Grade Type, By
Process Type, By End-User also includes the market size and forecast for all
these segments. Compounded annual growth rates for all segments have also been
provided for 2019 to 2031. This report is a compilation of first-hand
information, qualitative and quantitative assessment by industry analysts,
inputs from industry experts and industry participants across the value chain.
Key Segments:
Polyetherimide (PEI) Market research report
includes an in-depth coverage of the industry with estimates & forecast
from 2022 to 2031, for the following segments:
Polyetherimide
(PEI) Market, By Form, 2022-2031 (USD Million)
·
Film
·
Sheet
·
Granule
·
Tube
·
Rod
·
Others
Polyetherimide
(PEI) Market, By Grade Type, 2022-2031 (USD Million)
·
Reinforced
·
Unreinforced
Polyetherimide
(PEI) Market, By Process Type, 2022-2031 (USD Million)
·
Injection
Molding
·
Extrusion
·
Thermoforming
·
Compression Molding
Polyetherimide
(PEI) Market, By End-User, 2022-2031 (USD Million)
·
Transportation
·
Electrical
& Electronics
·
Consumer
Goods
·
Medical
·
Industrial
·
Others
Report
Highlights:
The prime objective of the Polyetherimide
(PEI) Market report is to
help the user understand the market in terms of its definition, segmentation,
market potential, influential trends, and the challenges that the market is
facing with different major regions and more than 30 major countries across the
globe. During the report's production, extensive research and analysis were
conducted. This research will assist readers in gaining a thorough
understanding of the market.
Polyetherimide
(PEI) Market, By Region, 2022-2031 (USD Million)
·
North America (
United States, Canada, Mexico)
·
Europe
(Germany, UK, France, Italy, Russia, Spain, and Rest of Europe)
·
South Asia (
India, Pakistan and Bangladesh)
·
East Asia
(China, Japan and South Korea)
·
South East Asia
(Indonesia, Thailand, Singapore, Malaysia, Rest of SE Asia)
·
Middle East
(Turkey, Saudi Arabia, Iran, UAE, Israel, Iraq, Qatar, Rest of MEA)
·
Africa
(Nigeria, South Africa, Egypt, Algeria, Rest of Africa)
·
South America
(Brazil, Argentina, Colombia, Chile, and Rest of SA)
·
Oceania
(Australia and New Zealand)
Companies
Profiled:
To enhance their position in the global
market, key suppliers/manufacturers are concentrating on business expansion and
product innovation. Manufacturers/producers are also working on boosting their
manufacturing capacity and product quality to gain a competitive advantage. The
following are some of the prominent manufacturers in the worldwide Polyetherimide
(PEI) Market:
·
Centroplast
Engineering Plastics GmbH
·
DXTech
·
Ensinger
·
GEHR
Plastics, Inc.
·
Mitsubishi
Chemical Holdings
·
Mitsui
Chemicals, Inc.
·
Nationwide
Plastics, Inc.
·
PlastiComp,
Inc.
·
Quadrant
Group
·
Röchling
Group
·
RTP Company
·
SABIC
·
Solvay
·
Westlake
Plastics Company
·
Zell-Metall
GesmbH Engineering Plastics
·
Others
Polyetherimide
(PEI) Market Report Highlights:
·
Detailed
analysis of the parent market
·
Key players'
strategies and products supplied in the competitive landscape
·
Market
segmentation in depth analysis
·
Market size
in terms of volume and value, past, present, and future scenario
·
Potential and
specialty areas, as well as geographical regions with promising growth
prospects
·
Market
players use this information to maintain and expand their market presence, thus
it's important to have an unbiased perspective on market performance.