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Polyetherimide materials finds a wide range of applications in aerospace and automotive industries, which include aircraft structural parts, automotive structural parts and industrial machinery and equipment parts. They are also used in various electronics and electrical parts. These materials are largely preferred in aerospace and automotive industries, owing to their toughness, cleanness and transparency.

Global Polyetherimide Materials Market Dynamics

Polyetherimide Materials Market Drivers

The rapid growth of the automotive industry has created an upsurge in demand for polyetherimide materials used in the manufacturing of automotive transmission components, bezels, ignition components, lamp sockets, throttle bodies, electromechanical systems and thermostat housings. Strong growth in the electrical and electronics market, with the increasing use of high performance plastics in the industry, is projected to support the demand for polyetherimide materials over the forecast period. The increasing demand for heat-resistant plastics from electrical and electronics applications and the increasing disposable income in developing countries are propelling the growth of the market.

The rise in aircraft deliveries highlights the growth of the aerospace industry, which is also driving the demand for matrix composite materials. This expected to boost the demand for polyetherimide materials from structural applications in the aerospace and automotive industry.

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