Global polyamide-imide resin market is expected to reach USD 918.39 Million by 2026, at a CAGR of 6.86% from 2019 to 2026. Growing demand from the end user industries such as automotive, aerospace, electrical & electronics as well as oil & gas is driving the global polyamide-imide resin market.
Polyamide-imides (PAIs) are thermoplastic amorphous polymers obtained by the condensation of an aromatic diamine, such as methylene diamine, and an anhydride, such as trimellitic acid chloride. These resins exhibit outstanding thermal, mechanical, and chemical properties and are often the best choice for demanding applications where very high mechanical strength, stiffness and low friction in combination with high temperature, corrosion, and wear resistance is required. Polyamide-imides are widely used as wire coatings in making magnet wire. On account of these superior properties, polyamide-imides are extensively utilized in different end user industries such as aerospace, automotive, electrical & electronics, and oil & gas. Thus, superior properties of polyamide-imide resins along with the rising replacement of conventional materials by polyamide-imide resins are expected to drive the market over the forecast period.
Global Polyamide-imide Resin Market Key Findings:
All the segments have been analyzed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment.
The global polyamide-imide resin market has been segmented on the basis of type, and end user industry.
Regional Segmentation Analysis:
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. The Asia Pacific region emerged as the largest market for the polyamide-imide resin with a 39.94% share of market revenue in 2018.
Global Polyamide-imide Resin Market Competitive Analysis:
Key players in the global polyamide-imide resin market are Innotek Technology Ltd., Axalta Coating Systems, LLC, Toyobo Co., Ltd., Nuplex Resins, LLC, Fujifilm, Hitachi Resins, LLC, Drake Plastics Ltd. Co., Mitsubishi Shoji, Solvay SA, Kermel, Elantas, Shanghai Songhan Plastics Technology Co., Ltd., Ensinger GmbH, Quadrant, Saint-Gobain and Kermel among others. Due to their superior mechanical and thermal properties, polyamide-imide resins have emerged as the material of choice in the aerospace industry. For instance in 2017, Solvay announced that its high-performance Torlon® polyamide-imide (PAI) enabled Performance Plastics Ltd., an advanced injection molder of precision engineered components, to innovate its new line of EnduroSharp™ Scraper Blades for aerospace maintenance applications. Torlon® PAI enabled these unique new tools to be tough enough to maintain their edge longer than blades molded from competitive polymers, but safe enough to remove challenging materials from delicate surfaces.
*All our reports are customizable as per customer requirements
This study forecasts revenue and volume growth at global, regional, and country levels from 2016 to 2026. Fior Markets has segmented the global polyamide-imide resin market on the basis of below mentioned segments:
Global Polyamide-imide Resin Market by Type:
Global Polyamide-imide Resin Market by End User Industry:
Global Polyamide-imide Resin Market by Region:
LIST OF TABLE
LIST OF FIGURES
Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.
Market research is valuable because of the following reasons:
Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.
Our market research process involves with the four specific stages.
Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:
Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:
Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.
This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.
Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.
Countries can be added on demand
Free yearly update on purchase of Multi/Corporate User License
Companies served till date
We serve our customers 24x7 for 365 days through calls, emails and live chat options.
Huge database of exceptional market reports bringing market intelligence to your fingertips.
SSL enabled, we offer you various secured payment options for risk free purchase.