Polyetherimide Market Size

Polyetherimide Market size was valued at USD 578.49 million in 2024 and is poised to reach USD 1.45 billion by the end of 2037, expanding at around 7.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of polyetherimide is assessed at USD 612.74 million.

The growth of the market can be attributed to the escalating demand for polyetherimide in the aerospace industry backed by the higher manufacturing process of aircraft owing to growing air traffic across the globe. As of 2021, the number of passengers boarded by the global airline industry was anticipated to reach around 2 billion. Polyetherimide is used in the manufacturing of aerospace components since it is lightweight and reduces the utilization of metal parts.

In addition to these, global polyetherimide market trends such as rising demand for polyetherimide in the pharmaceutical industry are expected to influence the growth of the market positively over the forecast period. In the pharmaceutical industry, polyetherimide is used highly in making containers, manifolds, and others owing to its excellent properties. For instance, in 2021, the total revenue generated by the global pharmaceutical industry was anticipated to be around USD 1.5 trillion. Furthermore, the spiking utilization of polyetherimide in metal replacement is also estimated to expand the market size across the globe during the forecast period.