Polyetherimide (PEI) Market size was over USD 560 million in 2018 and industry expects demand of above 30 kilo tons by 2025.

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Polyetherimide Market Growth, Application
Analysis from 2019 to 2025
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Global Market Scenario of Polyetherimide Market

• According to a new research report by Global
  Market Insights, Inc. Polyetherimide Market size
  is set to surpass USD 800 million by 2025
• 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.
• The product 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.

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Continue-

• 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.
• High raw material processing costs and limited
  color ability of PEI as compared to its
  substitutes might impact the market
  profitability. Strict government regulations
  regarding plastics usage might also hamper
  industry growth.

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U.S. Glass Fiber Reinforced Polyetherimide Market
Size, By Application, 2018 2025, (Kilo Tons)
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360 Industry Analysis

• Global carbon fiber reinforced polyetherimide
  industry size may witness significant gains over
  5 up to 2025. The product is utilized to
  manufacture aircraft components including aileron
  ribs due to its increased strength and stiffness.
  Global commercial aircraft industry is estimated
  to grow at 2.5 by 2025 owing to rising air
  travel affluence hence, fostering PEI demand.

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• Regional Analysis
• U.S. polyetherimide market size may register
  significant gains over 5 by 2025. PEI is
  utilized in petroleum operations as it is thermal
  and chemical resistant. Rising shale gas
  production in the country will foster PEI demand.
• Competitive Analysis
• Polyetherimide market is moderately consolidated
  with key industry participants including RTP
  Company, Mitsubishi Chemical, Nationwide
  Plastics, Centroplast Engineering, and Röchling
  Group, SABIC. Manufacturers are making heavy
  investments in RD, product innovation and
  capacity expansion in order to cater increasing
  market growth.

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Latest Research Report On Polyetherimide
(PEI) Market_at_ https//bit.ly/2uf4J6r Request
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