Polyetherimide Industry Sees Robust Growth Driven by Aerospace and High-Performance Plastics Demand

The polyetherimide (PEI) sector is experiencing steady expansion driven by its excellent thermal stability, flame-retardant properties, and mechanical strength. These attributes are fueling increased adoption across aerospace, automotive, healthcare devices, and electronics sectors, especially as demand for lightweight, high-performance plastics rises. In 2022, the global PEI market was valued at approximately $606 million and is projected to reach nearly $980 million by 2031, growing at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031. Market dynamics are shifting, prompting a reshaping of the competitive landscape. New industry reports from DataM Intelligence offer comprehensive insights, SWOT analyses, and strategic intelligence to help businesses enhance market penetration and return on investment. Recent significant developments include SABIC's launch of an advanced PEI grade under its ULTEM series designed for aerospace interiors, providing better processability and weight savings. Additionally, Ensinger has expanded its high-temperature plastics production capacity in Germany to meet increasing demands from electric vehicle connectors and power modules. Key ...