Polyamide-imide resin market is expected to reach USD 709.6 million by 2025 A Detailed Report by Top Competitors Like Solvay, Quadrant, Toyobo, Ensinger, Innotek Technology and more

The global polyamide-imide resin 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 upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Polyamideimides (PAIs) are high performance amorphous engineering thermoplastics of yellow to brown color. They have 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.1 Compared to typical polyimides, PAIs have a lower continuous service temperature but a higher fracture toughness. For example, some grades maintain their strength and stiffness up to 500°F (260°C) whereas some poly (ether)imides can be operated up to 700°F (370°C). Like PIs, PAIs resist most chemicals and can be operated in harsh thermal and chemical environments even under severe stress with little to no creep, wear, and chemical degradation. They are virtually unaffected by aliphatic and aromatic hydrocarbons as well as chlorinated and fluorinated solvents. Some grades also resist concentrated acids (30%) including hydrochloric, phosphoric, and sulfuric acid but are attacked by hydrofluoric acid and strong bases such as sodium hydroxide. In many cases, they can replace metals and other high performance materials in structural applications.

Key Benefits Of 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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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. 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.

Key Market Competitors: Global Polyamide-Imide Resin Market
The key players operating in the global polyamide-imide resin market are –
• Solvay
• Quadrant
• Toyobo
• Ensinger
• Innotek Technology

The other players in the market are Kermel, 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., and Ensinger GmbH., Nanoshel LLC among others.

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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

Segmentation: Global Polyamide-Imide Resin Market
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
…And More GET DETAILED TOC AT: https://databridgemarketresearch.com/toc/?dbmr=global-polyamide-imide-resin-market

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. 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. According to Statista, the European electronics consumer market is expected to account to USD 59,456 million in 2018 and it is estimated to grow by 78,903 million by 2020. 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. The growing demands for automotive and electronics industry is creating the demand for polyamide-imides resins.

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This release was published on openPR.