Global Polyamide-Imide Resin Market Is Expected To Reach Around USD 889 Million By 2026

12-Jul-2019 | Zion Market Research

Zion Market Research has published a new report titled “Polyamide-imide Resin Market by Type (Unfilled, Glass-Filled, Carbon-Filled, and Others) and by End-Use Industry (Automotive, Aerospace, Electrical & Electronics, Oil & Gas, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2026”. According to the report, the global polyamide-imide resin market was USD 473 million in 2018 and is expected to generate around USD 889 million by 2026, growing at a CAGR of around 6.5% between 2019 and 2026.

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. 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. 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 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.

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The global polyamide-imide resin market is fragmented based on the 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. Excellent properties of glass-filled resins combined with its increasing applications across various end-user industries are expected to drive this segment’s growth.

Based on end-use industry, the polyamide-imide resin market includes automotive, electrical and electronics, aerospace, oil and gas, and others. Electrical and electronics are 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 properties of polyamide-imide resins, such as high dielectric strength, increased flame retardant, dimensional stability, and chemical washing makes it ideal for the diverse applications in the electrical and electronics industry.

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.

This report segments the global polyamide-imide resin market into:

Global Polyamide-imide Resin Market: Type Analysis

  • Unfilled
  • Glass-Filled
  • Carbon-Filled
  • Others

Global Polyamide-imide Resin Market: End-Use Industry Analysis

  • Automotive
  • Aerospace
  • Electrical and Electronics
  • Oil and Gas
  • Others

Global Polyamide-imide Resin Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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