Polyetherimide market has significant opportunities in the automotive sector as polyetherimide has high heat resistance, high strength and modulus and broad chemical resistance. Polyetherimide is an amorphous thermoplastic polymer and finds its application in various industry verticals such as electrical & electronics, aircraft along with automotive industry. Polyetherimide is used in the manufacturing of various automobile components especially transmission components, handles, and bumpers. Increasing technological advancement in automotive industries owing to its high strength is creating a significant demand in automotive industry. Moreover, polyetherimide serves as a replacement of metal in various applications due to its strength-to-weight ratio resulting in the increasing demand for polyetherimide.

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The polyetherimide industry is segmented on the basis of grade, form, and applications. On the basis of grade, the market is segmented into reinforced and unreinforced. The reinforced segment is further divided into glass fiber and carbon fiber. The reinforced segment is expected to show significant growth during the forecast period as glass fiber is widely used in electronic industry due to its enhanced electro palatability and internal mold release property. On the basis of form, the market is segmented into film, sheet, and granule. Sheet segment is expected to register significant CAGR over the forecast period owing to its wide application in aerospace and industrial application owing to its high durability, chemical resistance, heat resistance resulting in the rise in demand for polyetherimide.

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On the basis of application, the market is segmented into automotive, electronics, aerospace, pharmaceuticals and others. Electronics segment may register a significant growth rate over the forecast period owing to its chemical, electrical and thermal resistance. Geographically, the market is further segmented on the basis of the major regions, including North America, Europe, Asia-Pacific and Rest of the world (RoW). Europe is expected to show significant growth over the forecast period attributed to the presence of major automobile manufacturers and increasing the demand of polyetherimide.

The market players contributing to the polyetherimide market include SABIC, Ensinger GmbH, RTP Company, Roechling Group, Solvay SA, GEHR Plastics, Inc., and Kuraray Europe GmbH. These companies are adopting several strategies, such as merger and acquisitions, product launches, geographical expansion and collaboration, and partnership to expand market share across the globe. For instance, in February 2018, SABIC announced the launch of two production capacity in Asia and Netherland to increase the production of thermoplastic materials, ULTEM and NORYL.

Market Segmentation
Global Polyetherimide Market by Grade
Reinforced
Unreinforced
Global Polyetherimide Market by Form
Film
Sheet
Granule
Global Polyetherimide Market by Applications
Automotive
Electronics
Aerospace
Pharmaceuticals
Others

REGIONAL ANALYSIS
North America
US
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Rest of the World

COMPANY PROFILES
3DXTech
Aetna Plastics Corp.
Centroplast Engineering Plastics GmbH
Cope Plastics, Inc.
Curbell Plastics, Inc.
Emco Industrial Plastics, Inc.
Ensinger GmbH
GEHR Plastics, Inc.
Kuraray Europe GmbH
Mitsubishi Chemical Holdings Corp.
Nationwide Plastics, Inc.
PlastiComp, Inc.
Plastics International
Polymer Industries
Roechling Group
RT Co.
SABIC
Solvay SA

Westlake Plastics Company
Zell-Metall Ges.m.b.H. Engineering Plastics



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