Polyetherimide (PEI) Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
Polyetherimide (PEI) Prices December 2023
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Product
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Category | Region | Price |
|---|---|---|---|
| Polyetherimide (PEI) | Chemical | China | 479 USD/MT |
In the fourth quarter of 2023, the price of polyetherimide (PEI) in China reached 479 USD/MT by December.
Polyetherimide (PEI) Price Trend, Market Analysis, and News
IMARC’s newly published report, titled “Polyetherimide (PEI) Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of polyetherimide (PEI) pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
It encompasses an in-depth review of spot price of polyetherimide (PEI) at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of polyetherimide (PEI) price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing polyetherimide (PEI) price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.
Polyetherimide (PEI) Market Analysis
The global polyetherimide (PEI) market size reached US$ 654 Million in 2023. By 2032, IMARC Group expects the market to reach US$ 1123.9 Million, at a projected CAGR of 6.20% during 2023-2032.
- The increasing demand for high-performance materials in industries including aerospace, automotive, and electronics is driving the need for PEI. This is primarily attributed to its chemical resistance, excellent mechanical properties, and thermal stability which is influencing the market growth. For instance, domestic airlines such as Indigo, Air India, Akasa Air have nearly 1700 aircraft on order from Airbus and Boeing, with this number expected to rise to around 2000 by March 2025, according to aviation consultancy firm CAPA. According to the All India Association of Industries, the Indian aerospace & defence (A&D) market is projected to reach US$ 70 billion by 2030, driven by the burgeoning demand for advanced infrastructure and government thrust.
- Continuous innovations and improvements in PEI manufacturing processes enhance the material's properties and reduce production costs, thereby boosting market adoption. For instance, in August 2022, SABIC expanded its optical materials portfolio with the launch of ULTEM 3310TD resin, which is well-suited for optical transceiver collimator lenses used in single-mode fiber optic systems. This new polyetherimide (PEI) resin delivers a significantly lower coefficient of thermal expansion than both standard UL TEM grades. A low CTE is essential to optimize the dimensional stability of the collimator lenses and ensure alignment with single-mode fibers. Furthermore, the new rate provides near-infrared (IR) transmission without degrading signal quality. As a potential replacement for glass, ULTEM 3310TD resin offers the efficiency of high-volume micro molding, avoids the need for costly secondary operations, expands design freedom, and lowers part weight.
- The steadily expanding automotive industry along with the growing shift toward lightweight and high-strength materials in the automotive sector to improve fuel efficiency and reduce emissions is promoting the use of PEI in different components. For instance, the Indian automobile industry, which employs 1.9 crore people, generated a significant revenue of rupees 8.7 lakh crore with total vehicle production at 2.7 crore units in FY23, according to the management consulting services firm Primus Partners ‘India Automobile Sector Value Report’.
Polyetherimide (PEI) News
The report covers the latest developments, updates, and trends impacting the global polyetherimide (PEI) market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in polyetherimide (PEI) production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the polyetherimide (PEI) price trend.
Latest developments in the polyetherimide (PEI) industry:
- In May 2023, SABIC, a global leader in the chemical industry announced the expansion of its high-heat ULTEM resin portfolio with new glass fiber-reinforced grades that deliver high flow, custom colorability, and high strength, and are well-suited for thin-wall components like fiber optic and electrical connectors.
- In February 2022, Ensinger and INEOS Styrolution announced the joint agreement that Ensinger acquired StyLight thermoplastic composite materials business of INEOS Styrolution. The acquisition adds an exclusive SAN based product range to Ensinger’s comprehensive thermoplastic composite portfolio. SAN based products bring many new thermoplastic composite possibilities to the market such as carbon, glass and natural (flax) based fibre products for aesthetic materials, semi structural, and over moulding applications to name a few.
Product Description
Polyetherimide (PEI) refers to a high-performance thermoplastic polymer known for its chemical resistance, excellent mechanical properties, and thermal stability. It is an amorphous polymer with a higher melting point, typically around 340°C, and can withstand continuous use at temperatures up to 170°C. Its rigidity and strength make it suitable for applications requiring high durability and dimensional stability comma even under harsh environmental conditions. It demonstrates excellent resistance to hydrolysis, making it ideal for use in medical and food processing applications where repeated sterilization is required. It also maintains its properties over a wide temperature range and has good electrical insulating characteristics which are valuable in electronics and aerospace industries. It can be processed using conventional methods including injection molding and extrusion, facilitating its use in manufacturing complex parts.
Regional Coverage
The report provides a detailed analysis of the polyetherimide (PEI) market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the polyetherimide (PEI) price trend.
Global Polyetherimide (PEI) Price
The report offers a holistic view of the global polyetherimide (PEI) pricing trends in the form of polyetherimide (PEI) price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price of polyetherimide (PEI) but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.
The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed polyetherimide (PEI) demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.
Europe Polyetherimide (PEI) Price
European polyetherimide (PEI) prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.
This analysis can be extended to include detailed polyetherimide (PEI) price information for a comprehensive list of countries.
| Region | Countries Covered |
|---|---|
| Europe | Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Polyetherimide (PEI) Price
The analysis of polyetherimide (PEI) prices in North America delves into the regional industry dynamics, encompassing the impact of local production capacities and the trade flows between North America and other significant global markets.
Specific polyetherimide (PEI) historical data within the United States and Canada can also be provided.
| Region | Countries Covered |
|---|---|
| North America | United States and Canada |
Middle East and Africa Polyetherimide (PEI) Price
The report explores the polyetherimide (PEI) pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
In addition to region-wise data, information on polyetherimide (PEI) prices for countries can also be provided.
| Region | Countries Covered |
|---|---|
| Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Polyetherimide (PEI) Price
The polyetherimide (PEI) pricing trends in Asia Pacific are examined, reflecting the role of the region as a major global production hub and consumer market, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.
This polyetherimide (PEI) price analysis can be expanded to include a comprehensive list of countries within the region.
| Region | Countries Covered |
|---|---|
| Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Polyetherimide (PEI) Price
The analysis of polyetherimide (PEI) prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.
This comprehensive review can be extended to include specific countries within the region.
| Region | Countries Covered |
|---|---|
| Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Report Coverage
| Key Attributes | Details |
|---|---|
| Product Name | Polyetherimide (PEI) |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Polyetherimide (PEI) Price Analysis, and Segment-Wise Assessment. |
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
| Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
| Information Covered for Key Suppliers |
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| Customization Scope | The report can be customized as per the requirements of the customer |
| Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
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| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
| Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of polyetherimide (PEI) pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
- The study examines factors affecting polyetherimide (PEI) price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The polyetherimide (PEI) price charts ensure our clients remain at the forefront of the industry.
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