Polyetherimide (PEI) Market Polyetherimide Market Trends Report & Forecast, 20

Polyetherimide Market Trends Report & Forecast, 2019 –
2025; Global Market Insights, Inc.
Polyetherimide Market size is set to surpass USD 800 million by 2025; according to a new
research report by Global Market Insights, Inc. Growing awareness for manufacturing safe
products and changing environmental regulations would propel polyetherimide Market
growth. PEI emits less smoke when it is exposed to open flame owing to which its demand
has increased in several industries including automotive, electrical & electronics, and
aerospace.
Global polyetherimide industry size from electronics application is anticipated to exceed USD
165 million in the forecast timeline. Its properties including high deformation resistance, self-
extinguishing, low flammability & outgassing finds its applications to manufacture electronic
and electrical insulators. Rapid developments including Internet of Things and artificial
intelligence will foster product demand.
Polyetherimide Market due to its high strength and dimensional stability is used in building
applications. Global construction industry is estimated to grow at 4.5% by 2023 due to
escalating economic growth in India and China. This will enhance polyetherimide industry
growth. Ultem resins by SABIC meets the standards set by FDA, ISO, and USP Class VI making
it suitable for its utilization in healthcare industry. Global healthcare industry is estimated to
grow at 6% by 2022, hence propelling PEI demand.
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