Press release
Polyetherimide Pei Market Growth with Trends, Analysis by Regions, Type, Application, Restraints, and Top 10 Key Players Profile and Forecast to 2031 | SABIC, RTP Company, Ensinger Plastics.
DataM Intelligence has released a new research report on the Polyetherimide Pei market. The report provides a detailed analysis of current and emerging trends, offering insights into the market dynamics. It utilizes Porter's Five Forces model to assess key factors such as supplier and customer relationships, risks from various agents, competitive intensity, and opportunities for new entrants. The study also includes research data from various companies, analyzing factors like benefits, gross margins, and strategic decisions in the global market. The report is enriched with tables, charts, and infographics for a clear presentation of the findings.Global Polyetherimide (PEI) Market reached US$ 605.8 million in 2023 and is expected to reach US$ 979.9 million by 2031, growing with a CAGR of 6.2% during the forecast period 2024-2031.
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The polyetherimide (PEI) market revolves around a high-performance thermoplastic known for its exceptional thermal stability, mechanical strength, and chemical resistance. PEI is used in various applications across industries such as aerospace, automotive, electronics, and medical devices. The demand for lightweight, durable materials that can withstand extreme conditions is driving the growth of the PEI market.
List of the Key Players in the Polyetherimide Pei Market:
SABIC, RTP Company, Ensinger Plastics, Rochling Group, Kuraray Europe GmbH, Mitsubishi Chemical Advanced Materials, Solvay SA, Toray Industries, Quadrant Engineering Plastics and PlastiComp, Inc.
Key Developments:
In April 2023, Beijing LLVision Technology incorporated SABIC's Ultem 1000 in the temples of their Leion Hey augmented reality (AR) eyeglasses. These innovative glasses are designed to assist individuals with hearing loss by providing real-time voice translations displayed as text on the lenses. The choice of Ultem 1000, known for its durability, lightweight nature, and inherent halogen-free flame resistance, ensures the temples are both functional and comfortable.
Prior to this, in September 2022, SABIC appointed Conventus Polymers, LLC as its authorized distributor in North America for its high-performance engineering thermoplastics, including Ultem PEI and LNP compounds. This partnership aims to enhance application development and customer support for these advanced materials.
In December 2021, SABIC launched a new line of biobased ULTEM resins, providing environmental advantages while maintaining the same high performance and processability as traditional ULTEM materials. These Polyetherimide (PEI) materials are notable for being the industry's first certified renewable high-performance amorphous polymers. By employing a mass balancing technique, SABIC is able to replace 25.5 kg of fossil-based feedstocks with biobased resources sourced from waste or residue for every 100 kg of ULTEM resin produced.
Research Process:
Both primary and secondary data sources have been used in the global Polyetherimide Pei Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
Segment Covered in the Polyetherimide Pei Market:
By Form: Film, Sheet, Granule, Tube, Rod.
By Grade: Reinforced, Unreinforced.
By Process: Injection Molding, Extrusion, Thermoforming, Compression Molding.
By End-User: Transportation, Electrical and Electronics, Consumer Goods, Medical, Industrial, Others.
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Regional Analysis:
➣ North America (US, Canada, Mexico)
➣ Europe (Germany, Russia, UK, France, Italy, Spain, Rest of Europe)
➣ Asia-Pacific (China, India, Japan, Australia, Rest of Asia Pacific)
➣ South America (Brazil, Argentina, Rest of South America)
➣ Middle East and Africa
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Chapter Outline:
⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Polyetherimide Pei market segments, study objectives, and years considered.
⏩ Market Landscape: The competition in the Global Polyetherimide Pei Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.
⏩ Companies Profiles: The global Polyetherimide Pei market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.
⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.
⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Polyetherimide Pei Market.
⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.
⏩ Research Findings: This section of the report showcases the findings and analysis of the report.
⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.
Have any Query? Talk to our Expert @ https://www.datamintelligence.com/enquiry/polyetherimide-pei-market
The Research Report Offers Answers To The Following Questions:
☛ What is the expected growth rate of the global market for the forecast period?
☛ What are the key driving factors that are responsible to shape the fate of the Polyetherimide Pei market during the forecast period?
☛ What will be the overall size of the market during the analysis period?
☛ What are the prominent market trends which influence the development of the Polyetherimide Pei market across various regions?
☛ Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?
☛ What are the challenges and threats that are likely to act as a barrier to the growth of the Polyetherimide Pei market?
☛ What are the major opportunities that the companies can get to attain success in the world?
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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