Polyamide-Imide Resin Market Revenue, Major Players, Consumer Trends, Analysis & Forecast Till 2028
Reports and Data estimates the global Polyamide-Imide Resin competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2028 as the forecast period. The report offers CAGR and market size for the global Polyamide-Imide Resin during the forecast period.
The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include Solvoy, Quadrant, Toyobo, Ensinger, Innotek Tech, Kermel, Axalta Coating Systems, Nuplex Resins, Fujifilm, Hitachi Resins, Drake Plastics, and Songhan Plastics technology Co.
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Polyamide-Imide Resin Overview :-
The global polyamide-imide resin market was valued at USD 559.1 Million in 2020 and is expected to reach USD 964.9 Million by 2028, growing at a CAGR of 7.1% through the forecast period. The key factors driving the growth of the polyamide-imide resin market include the increasing demand for high-performance plastics and the growing adoption of lightweight materials in automotive and aircraft industries. Polyamide-imides are high-performance polymers that offer excellent impact strength, resistance to extremely high & low temperatures as well as exceptional chemical resistance from a wide range of chemical while offering minimum expansion rate. These are thermoplastic that can be melt-processed and recycled but has exceptional stiffness, strength, and wear resistance. Due to excellent physical and mechanical properties offered by polyamide-imide resin, the product is witnessing heavy demand from various industries, including electrical, automotive, aerospace, oil & gas industry, and others. A paradigm shift towards lightweight vehicles to increase fuel efficiency and reduce environmental impact has expanded the scope for polyamide-imide resin applications in the automotive industry. The global automotive lightweight material industry is expected to exceed USD 69.7 billion in terms of revenue by 2020, growing at a CAGR of around 7.3%.
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For the purpose of this report Reports and Data has segmented global Polyamide-Imide Resin market on the basis of type, application, and region:
Product Type Outlook (Revenue, USD Million; 2020–2028)
- Unfilled
- Glass-filled
- Carbon-filled
Application Outlook (Revenue, USD Million; 2020–2028)
- Food packaging
- Paper and pulp
- Architectural
- Marine
- Other
End-Use Outlook (Revenue, USD Million; 2020–2028)
- Automotive
- Aerospace
- Electrical and electronics
- Oil and gas
- Other
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
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Key Questions answered by the Report:
- What is the expected year-on-year growth of the Polyamide-Imide Resin during the forecast period?
- What key trends are expected influence revenue growth of the market going ahead?
- Which region is expected to account for largest revenue share over the forecast period?
- Which key companies are profiled in the report?
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