Press release
Polyamide-imide Resin Market By 2025 With Global Players Like Axalta, Solvay, Quadrant, Hitachi, Kermel, allnex (formerly Nuplex Resins), Ensinger Inc. , FUJIFILM Corporation, İNNOTEK A.Ş. , TOYOBO Chemicals Europe GmbH
Polyamide-imide Resin Market In 2018
The global market is expected to reach USD 709.6 million by 2025, from USD 503.2 million in 2017 growing at a CAGR of 6.8% during the forecast period of 2018 to 2025. The polyamide-imide resin market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Report Forecasting Regional and Global Analysis on Polyamide-Imide Resin Market By Type (Unfilled, Glass Filled, Carbon Filled, Others), End-User (Automotive, Aerospace, Electrical & Electronics, Oil & Gas, Others) and Geography.
Polyamide-imides are undefined polymers that are either thermoplastic or thermosetting, with astounding mechanical, substance and warm safe properties. One of the essential employments of polyamide-imides is the assembling of magnet wire. They are utilized as wire coatings. Two unique materials go into readiness of polyamide imides trimellitic corrosive anhydride in n-methyl-2-pyrrolidone, and isocyanates. Polyamide-imides show an amalgamation of properties from both polyimides and polyamides, for example, dissolve processibility, high quality, substance obstruction, and uncommon high warmth fitness. The key players operating in the global polyamide-imide resin market are
· Solvay
· Quadrant
· Toyobo
· Ensinger
· Innotek Technology
· Kermel,
· Axalta Coating Systems, LLC,
· Toyobo Co., Ltd.,
· Nuplex Resins, LLC,
· Fujifilm,
· Hitachi Resins, LLC,
The other players in the market are Drake Plastics Ltd. Co., Mitsubishi Shoji, Kermel, Elantas, Shanghai Songhan Plastics Technology Co., Ltd., and Ensinger GmbH., Nanoshel LLC among others. The global polyamide-imide resin market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of spray adhesives market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Polyamide imide polymers can be utilized for an assortment of utilizations, for example, coatings, films, filaments, glues, and instillation or pressure of precast parts and ingots. The growing demands for automotive and electronics industry is creating the demand for polyamide-imides resins.
· According to International Trade Association, U.S. light vehicle production reached almost 12.0 million passenger vehicles in 2016 and light vehicle sales reached 17.5 million units in 2016.
· In March 2017, Solvay lunched its new line of EnduroSharp scrapper blades for aerospace applications. These blades have high strength and stiffness, sharp edges, and high resistance to heat, wear and chemicals.
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By Type
· Unfilled
· Glass Filled
· Carbon Filled
· Others
By End-User
· Automotive
· Aerospace
· Electrical & Electronics
· Oil & Gas
· Others
By Geography
· Asia Pacific
o China
o South Korea
o Japan
o India
o Australia
o Singapore
o Thailand
o Indonesia
o Malaysia
o Philippines
o Rest of Asia-Pacific
· North America
o US
o Canada
o Mexico
· Europe
o Russia
o Turkey
o Belgium
o Netherlands
o Switzerland
o Spain
o France
o Germany
o Italy
o U.K.
o Rest of Europe
· South America
o Brazil
o Argentina
o Rest of South America
· Middle East & Africa
o South Africa
o Egypt
o United Arab Emirates
o Israel
o Rest of Middle East & Africa
Market Drivers:
· Superior properties of polyamide-imide resins
· Replacement of conventional materials by polyamide-imide
· Demand from end-use industries
Market Restraints:
· Competition from hybrid polymers and composites
· High cost
Key Insights in the report:
· Historical and current market size and projection up to 2025
· Market trends impacting the growth of the global polyamide-imide resin market
· Analyze and forecast the polyamide-imide resin market on the basis of type and end-user.
· Trends of key regional and country-level markets for type and end-user.
· Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis
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