Global polyamide-imide resin market expected to generate around USD 889 million by 2026, growing at a CAGR of around 6.5% between 2019 and 2026. 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 report covers a forecast and an analysis of the polyamide-imide resin market on a global and regional level. The study provides historical data from 2016 to 2018 and a forecast from 2019 to 2025 based on volume (Kilotons) and revenue (USD Million). The study includes drivers and restraints of the market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the polyamide-imide resin market on a global level.
In order to give the users of this report a comprehensive view of the polyamide-imide resin market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market. Moreover, the study covers price trend analysis, the product portfolio of various companies according to the region.
The study provides a decisive view of the polyamide-imide resin market by segmenting it based on type, end-use industry, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2026. The regional segment includes the historic and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Some key players operating in the global polyamide-imide resin market are Solvay, Quadrant, Toyobo, Ensinger, Innotek Technology, and Kermel.
This report segments the global polyamide-imide resin market into:
Global Polyamide-imide Resin Market: Type Analysis
Global Polyamide-imide Resin Market: End-Use Industry Analysis
Global Polyamide-imide Resin Market: Regional 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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