openPR Logo
Press release

Polyamide-imide Resin Market Size to Hit USD 0.91 billion Share, Demands, Top Key Players - Solvay SA, Toyobo Co. Ltd., Elantas, Mitsubishi Shoji

03-10-2023 11:32 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Exactitude Consultancy

The global market for Polyamide-imide Resin estimated at USD 0.53 billion in 2022, is projected to reach a revised size of USD 0.91 billion by 2029 registering a compounded annual growth rate (CAGR) of 6.2% over the period 2023-2029.

The latest report titled Polyamide-imide Resin Market contains wide-broadening quantifiable facts of the market and studies current industry circumstances on a large scale to offer the market consequences, market value, and growth valuation. The report includes skilful examination, data on the overall market, as well as constraints and headway purposes of the future along with a noteworthy perception of the improvement of the global Polyamide-imide Resin market.

The report describes the profile of the top manufacturers of the global Polyamide-imide Resin market. It also covers segments such as competitor segment, product type segment, end use/application segment, and geography segment. The authors of the report have examined market demand, turnover, production and growth potential, geographic analysis, as well as current market developments in various regions and countries.

Sample PDF Showcases the Content Structure and Qualitative and Quantitative Analysis @

https://exactitudeconsultancy.com/reports/10506/polyamide-imide-resin-market/#request-a-sample

Polyamide-Imide Resins Market Drivers

An increase in automobile production

Polyamide-Imide Resins are thermoplastic amorphous polymers composed of aromatic diamine such as methylene diamine along with trimellitic acid chloride. They are primarily used in automobile components which include gears, bearings, seals, engine pistons and more. According to the International Organization of Motor Vehicle Manufacturers (OICA), the total automobile production in 2022 in Europe, America, Asia and Africa increased by 25%, 17%, 28% and 37% respectively in comparison to 2022.

Growth in the electrical & electronics industry

Polyamide-Imide Resins are commonly used in the electrical & electronics industry as a material for insulation, semiconductors and other electronic components. The properties of polyamide-imide resins such as excellent thermal and chemical resistance and electrical properties make them ideal for use in the electrical & electronics industry. According to recent insights published on Growth from Knowledge (GRK) in September 2022, the global consumer electronics industry was valued at US$42.8 billion during the first quarter of 2022, an increase of 18% in comparison to 2022, due to an increase in electronic production. Such a surging rise of the global electrical & electronics industry is anticipated to drive market growth in the upcoming years.

Polyamide-Imide Resins Market Challenge

Fluctuating prices of raw materials

Some of the raw materials used in the production of Polyamide-Imide resins are obtained from crude oil. As a result, fluctuations in the prices of crude oil may hinder the growth of the market. In 2022, the international benchmark for petroleum prices across the world, also known as Brent crude prices, decreased to US$9.12 per barrel, which was the lowest record since December 10, 1998. Moreover, as per revised estimates for 2021-22, the COB has increased by around 35% from its initial budget estimate. In this way, such uncertainty regarding the price of crude oil may affect the prices of raw materials that are used in the production of polyamide-imide resins. Thus, such instability and fluctuating prices of raw materials may limit the growth of the Polyamide-Imide Resins industry during the forecast period.

Competitive Assessment:

The main research methodology applied here by the research team is data triangulation, which includes data mining, analysis of the impact of data variables on the market, and primary (industry experts) validation. This report helps to gather information about all the above factors by providing actionable market insights and comprehensive analysis. The Polyamide-imide Resin market report mainly focuses on important aspects of the market which include historical data, current market trends, environment, technological innovations, upcoming technologies, and technological advancement in the industry among others.

Leading market players in the Polyamide-imide Resin market is focusing on strategies such as expansion, new product launches, and acquisitions to gain large market share and enhance their global presence in the target market. Some Key Competitors of the Polyamide-imide Resin market is Solvay SA, Toyobo Co. Ltd., Elantas, Mitsubishi Shoji, Axalta Coating Systems, LLC, Shanghai Songhan Plastics Technology Co., Ltd, Fujifilm Holdings Corporation, Ensinger GmbH, Innotek Technology, Kermel S.A., etc. and others.

BASF announced the acquisition of Solvay's polyamide division for USD 1.4 billion. With the addition of breakthrough goods such as Technyl, the purchase increased BASF's polyamide capabilities
Federal-Mogul Powertrain has introduced a new high-performance Irox 2, polymeric coating for heavy-duty applications, which provides improved performance, particularly with steel crankshafts.

Polyamide-imide Resin Market Segmentation:

Polyamide-Imide Resin Market by Type, 2023-2029, (USD Million), (Thousand Units)

Unfilled

Glass Filled

Carbon Filled

Others

Polyamide-Imide Resin Market by Product, 2023-2029, (USD Million), (Thousand Units)

Acid Chloride Route

Diisocyanate Route

Others

Polyamide-Imide Resin Market by End User Industry, 2023-2029, (USD Million), (Thousand Units)

Automotive

Aerospace

Electrical and Electronics

Oil and Gas

Others

Access full Report Description, TOC, Table of Figure, Chart, etc. @

https://exactitudeconsultancy.com/reports/10506/polyamide-imide-resin-market/ 

Regional Framework

The Polyamide-imide Resin Market report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the market based on various segments. It also provides market size and forecast estimates from the years 2023-2029 with respect to five major regions. The market by each region is later sub-segmented by respective countries and segments. The Polyamide-imide Resin market report covers the analysis and forecast globally along with the current trend and opportunities prevailing in the region.

⇨ North America (United States, Canada, and Mexico)

⇨ Europe (Germany, France, UK, Russia, and Italy)

⇨ Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

⇨ South America (Brazil, Argentina, Colombia, etc.)

⇨ The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

This Report Also Includes:

» Polyamide-imide Resin Market Insights methodology

» Tactics and suggestions for new entrants

» Segmentation analysis

» Economic indices

» Companies' strategic developments

» Polyamide-imide Resin Market growth drivers and restraints

» Selected illustrations of the market penetrations and trends

Crucial insights in Polyamide-imide Resin research report:

Underlying macro- and microeconomic factors impacting the Sales of Polyamide-imide Resin.
Basic overview of the Polyamide-imide Resin, including market definition, classification, and applications.
Scrutinization of each market player based on mergers & acquisitions, R&D projects, and product launches.
Adoption trend and supply side analysis of Polyamide-imide Resin across various industries.
Important regions and countries offering lucrative opportunities to market stakeholders.

Get Sample PR Link @

https://exactitudeconsultancy.com/reports/10506/polyamide-imide-resin-market/

The Study Objectives are:

✔ An in-depth look at the key players in the Polyamide-imide Resin market, as well as the data that goes with them.

✔ It includes a product portfolio, annual revenue, research and development spending, geographic presence, recent key developments, and growth strategies.

✔ Regional analysis, which includes information on the dominant Polyamide-imide Resin market and its share of the market.

✔ It also includes various socioeconomic factors that influence the market's evolution in the region.

✔ The report provides a detailed look at various members of the value chain, including raw material suppliers, distributors, and stockholders.

Key questions answered in the report:
✦ What is the Polyamide-imide Resin market's growth potential?
✦ Which product category will be the most profitable?
✦ In the coming years, which regional market will emerge as a leader?
✦ Which application segment will continue to expand at a steady rate?
✦ What are the potential growth opportunities in the Polyamide-imide Resin Market in the coming years?
✦ What are the most significant challenges that the global Polyamide-imide Resin Markets may face in the future?
✦ What are the top companies in the global Polyamide-imide Resin market?
✦ What are the main trends that are positively impacting the market's growth?

More Reports
http://xherald.com/market-news/ceramic-tiles-market-size-to-surpass-usd-366-08-billion-by-2029-at-a-6-5-cagr-exactitude-consultancy/ 

http://xherald.com/market-news/cerium-oxide-nanoparticles-market-to-rise-at-a-cagr-of-19-size-growth-statistics-top-leading-players-lasmachem-gmbh-american-elements-nyacol-nano-technologies-inc/ 

About Us
Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.

Connect us on:
Contact: Irfan Tamboli
PHONE NUMBER +1 (704) 266-3234
EMAIL ADDRESS: sales@exactitudeconsultancy.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Polyamide-imide Resin Market Size to Hit USD 0.91 billion Share, Demands, Top Key Players - Solvay SA, Toyobo Co. Ltd., Elantas, Mitsubishi Shoji here

News-ID: 2970063 • Views:

More Releases from Exactitude Consultancy

Vacuum Insulated Pipe Market Projected to Reach USD 2.36 Billion by 2034
Vacuum Insulated Pipe Market Projected to Reach USD 2.36 Billion by 2034
Introduction: A Market Built on Cryogenic Efficiency and Innovation The global Vacuum Insulated Pipe (VIP) market is witnessing a steady surge driven by the expanding cryogenic industry, increased liquefied natural gas (LNG) trade, and rising demand for efficient liquid gas transportation systems. These specialized double-wall pipes, engineered with high vacuum insulation between inner and outer layers, have become indispensable in industries handling cryogenic fluids such as liquid nitrogen, oxygen, argon, and
Solar PV Mounting Systems Market is Expected to Reach USD 31.7 Billion by 2034
Solar PV Mounting Systems Market is Expected to Reach USD 31.7 Billion by 2034
Introduction: Powering the Next Decade of Solar Expansion The Solar PV Mounting Systems Market is emerging as a crucial pillar in the clean energy revolution, enabling efficient, cost-effective, and durable installations of photovoltaic (PV) modules across rooftops, open fields, and floating structures. As the world accelerates toward carbon neutrality, the demand for robust, modular, and adaptable mounting systems has intensified across residential, commercial, and utility-scale solar projects. Download Full PDF Sample Copy
Tall Oil Fatty Acid Market projected to reach USD 2.21 billion by 2034
Tall Oil Fatty Acid Market projected to reach USD 2.21 billion by 2034
Introduction: A Sustainable Feedstock Powering the Future of Bio-based Chemicals The Tall Oil Fatty Acid (TOFA) Market is gaining strong traction as industries increasingly shift toward renewable, sustainable, and bio-based chemical alternatives. Derived as a byproduct from the kraft pulping process of pine wood, TOFA has become a vital raw material in the production of alkyd resins, dimer acids, lubricants, coatings, and adhesives. Its unique composition-rich in oleic and linoleic acids-makes
Lithium-Ion Battery Recycling Market Projected to Reach USD 27.3 Billion by 2034
Lithium-Ion Battery Recycling Market Projected to Reach USD 27.3 Billion by 2034
Introduction: Powering the Circular Energy Transition As the world accelerates toward electrification and clean energy, the demand for lithium-ion batteries has skyrocketed-fueling everything from electric vehicles (EVs) to smartphones and grid storage systems. However, this exponential growth brings with it an urgent environmental challenge: how to sustainably manage end-of-life batteries. Download Full PDF Sample Copy of Market Report @ https://exactitudeconsultancy.com/request-sample/25354 The Lithium-Ion Battery Recycling Market has emerged as a cornerstone of the global

All 5 Releases


More Releases for Resin

Alkyd Resin Market
The "Alkyd Resin Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031.  The market was valued at USD xx.x billion In 2023. Growing Demand and Growth Potential in the Global Alkyd Resin Market, 2024-2031 Verified Market Research's most recent report, "Alkyd Resin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides an in-depth examination
Water Based Amino Resin Market Size, Share and Forecast By Key Players-BASF, Hex …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to the MRI Team's Market Research Intellect, the global Water Based Amino Resin market is anticipated to grow at a compound annual growth rate (CAGR) of 16.58% between 2024 and 2031. The market is expected to grow to USD 68 Billion by 2024. The valuation is expected to reach USD 199.02 Billion by 2031. The market for water-based amino resin is expanding rapidly due to the growing
Solvent Based Amino Resin Market Size, Share and Forecast By Key Players-BASF, A …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to the MRI Team's Market Research Intellect, the global Solvent Based Amino Resin market is anticipated to grow at a compound annual growth rate (CAGR) of 16.57% between 2024 and 2031. The market is expected to grow to USD 45.6 Billion by 2024. The valuation is expected to reach USD 133.38 Billion by 2031. The market for solvent-based amino resin is expanding significantly due to its extensive
Alkyd Resin Market
According to the latest research report published by Market Data Forecast, the global alkyd resin market is expected to grow at a CAGR of 3.32% during the forecast period 2024-2029. The market value was at USD 2.89 billion in 2023, and the value is expected to reach USD 3.52 billion by the end of 2029. Alkyd resin is the oil-modified complex polyester that acts as a film-forming agent in paints and
Composite Resin
According to a new market research report published by Global Insight Services "Composite Resin Market" is expected to grow by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market. Download Sample of Report : https://www.globalinsightservices.com/request-sample/GIS20852 Composite resin
Polyethylene Naphthalate Resin (PEN Resin) Market 2022 | Detailed Report
The research reports on "Polyethylene Naphthalate Resin (PEN Resin) Market" report gives detailed overview of factors that affect global business scope. Polyethylene Naphthalate Resin (PEN Resin) Market report shows the latest market insights with upcoming trends and breakdowns of products and services. This report provides statistics on the market situation, size, regions and growth factors. An exclusive data offered in this report is collected by research and industry experts team. Download