Polyamide-imide Resin Market - Global Industry Analysis

Polyamide-imide Resin Market

Polyamide-imide Resin Market by Type & End-Use Industry - Global Forecast to 2028

Category: Chemical & Materials Report Format : PDF Pages: 110 Report Code: ZMR-4391 Published Date: Jul-2019 Status : Published

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Free Analysis

The global polyamide-imide resin market is expected to witness substantial growth over the forecast time period, owing to the development of various end-user industries, such as automotive, oil and gas, aerospace, and electrical and electronics. Polyamide-imides are amorphous polymers with exceptional chemical-, mechanical- and thermal-resistant properties. Polyamide-imides are prepared by the condensation of an anhydride, such as trimellitic acid chloride, and an aromatic diamine, such as methylenediamine. Polyimides are used broadly in printed circuit boards due to their excellent thermal stabilities, chemical resistance, and low dielectric constant. Polyamide-imides are also used as wire coatings in making magnet wires. The high demand for polyamide-imide resins is attributed to its superior properties, as it performs exceptionally under intensely stressful conditions at continuous different temperatures based on the material type. The increasing demand for polyamide-imide resin in various end-user industries is expected to drive the global polyamide-imide resin market growth over the forecast period. However, the high cost of polyamide-imide resin may limit the polyamide-imide resin market globally. Conversely, the growing demand for polyamide-imide resin, particularly in the developing economies of Asia Pacific, is expected to provide ample growth opportunities in the global polyamide-imide resin market in the upcoming years.

The global polyamide-imide resin market is fragmented based on type and end-use industry. Based on type, the polyamide-imide resin market includes unfilled, carbon-filled, glass-filled, and others. Glass-filled polyamide-imide resins are expected to grow at the highest rate, owing to their high strength and stiffness, outstanding bearing, superior gamma radiation and weather resistance, and good chemical-resistance. Glass fibers when added to polyamide resins expand the flexural modulus of polyamide-imide resins along with decreasing the expansion rate.

Based on end-use industry, the polyamide-imide resin market includes automotive, electrical and electronics, aerospace, oil and gas, and others. Electrical and electronics is expected to grow at the highest rate in the future, owing to the diverse resin applications, such as wafer carrier, chemical washing, and chip nest and sockets.

The Asia Pacific region is expected to register the highest growth rate on account of the growing number of regional automotive manufacturers. The region is now focusing on manufacturing energy-efficient vehicle that requires lightweight parts. Polyamide-imide resins are widely used in producing lightweight automotive components, which, in turn, is expected to propel the polyamide-imide resin market in the Asia Pacific region. In addition, increased investments in the region’s electrical and electronics industry are also fuelling the polyamide-imide resin market.

Some major players of the global polyamide-imide resin market are Solvay, Quadrant, Toyobo, Ensinger, Innotek Technology, and Kermel.

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