Ultem Polyetherimide Market
The market for Ultem Polyetherimide was estimated at $478 million in 2024; it is anticipated to increase to $776 million by 2030, with projections indicating growth to around $1.16 billion by 2035.
Global Ultem Polyetherimide Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Ultem Polyetherimide (Ultem PEI) industry revenue is expected to be around $518.2 million in 2025 and expected to showcase growth with 8.4% CAGR between 2025 and 2034. The significant growth of the Ultem polyetherimide sector can be attributed to key factors driving its expansion forward successfully. Known for its heat resistance and flame retardant properties in the realm of plastics industry Ultem has become increasingly popular across industries like aerospace, electronics and automotive maintaining its relevance, in the market. Its exceptional features including strength, wide chemical resistance and remarkable dimensional stability have fueled the continuous growth of this market segment. The increasing demand for materials is supported by the growing global focus, on safety and longevity.
Ultem polyetherimide is known for its thermal characteristics and outstanding electrical insulation and radiation resistance properties that make it a top tier polymer choice in various sectors, like healthcare equipment manufacturing and automotive component production industries alike.
Market Key Insights
- The Ultem Polyetherimide market is projected to grow from $478.0 million in 2024 to $1.07 billion in 2034. This represents a CAGR of 8.4%, reflecting rising demand across Aerospace Industry, Automotive and Medical Devices Manufacturing.
- SABIC Innovative Plastics, RTP Company, Honeywell International are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Ultem Polyetherimide market and are expected to observe the growth CAGR of 6.1% to 8.8% between 2024 and 2030.
- Emerging markets including Brazil, India and South Africa are expected to observe highest growth with CAGR ranging between 8.1% to 10.5%.
- Transition like Accelerated Shift Towards Lightweight Materials is expected to add $29 million to the Ultem Polyetherimide market growth by 2030.
- The Ultem Polyetherimide market is set to add $593 million between 2024 and 2034, with manufacturer targeting Aviation & Electrical Equipment Industrial Use projected to gain a larger market share.
- With Increased demand in the aerospace industry, and Adoption in the healthcare industry, Ultem Polyetherimide market to expand 124% between 2024 and 2034.