Polyetherimide Market Analysis By Industry Size, And Share, Manufacturers, Demand Forecast 2025
Global polyetherimide market size was valued at around USD520 million in 2019 and is projected to grow at a CAGR of close to 7% during the forecast period. Polyetherimide (PEI) is used in applications that require high temperature and fast dissipation of heat. Because of its peculiar properties such as low smoke emission, creep resistance and flame resistance, the demand for the product as a thermally conductive plastic is increasing significantly, which in turn is boosting the growth of global polyetherimide market. Moreover, increasing government initiatives along with growing research and development activities around the globe has encouraged utilization of the product, which is estimated to drive the global polyetherimide market until 2025. Furthermore, due to rising contamination and quality issues, PEI is utilized in kitchenware, tableware and catering, which is anticipated to have a positive influence on the market growth. However, one of the major factors that can act as a maj...