Polyamide-imide Resin Market by Type, End-Use Industry, and Region - Global Forecast to 2022
DUBLIN, Aug. 3, 2018 /PRNewswire/ --
The "Polyamide-imide Resin Market by Type (Unfilled, Glass-Filled, Carbon-Filled), End-Use Industry (Automotive, Aerospace, Electrical & Electronics, Oil & Gas), and Region (North America, Europe, APAC) - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The polyamide-imide resin market is estimated to be USD 501.7 million in 2017 and is projected to reach USD 687.1 million by 2022, at a CAGR of 6.5% between 2017 and 2022.
The high demand for polyamide-imide resins from various end-use industries and superior properties of polyamide-imide resins are key factors driving the growth of the polyamide-imide resin market. The expansion of end-use industries, such as automotive, aerospace, electrical & electronics, and oil & gas, is another significant factor projected to influence the growth of the polyamide-imide resin market.
Based on type, the glass-filled segment of the polyamide-imide resin market is projected to grow at the highest CAGR during the forecast period. The addition of glass fiber to polyamide-imide resins helps in expanding the flexural modulus of polyamide-imide resins while reducing their rate of expansion. This, in turn, is expected to drive the growth of the market for glass-filled polyamide-imide resins.
The electrical & electronics segment is projected to be the fastest-growing end-use industry segment of the polyamide-imide resin market. Increase in the production of electronic products is expected to drive the demand for polyamide-imide resins from the electrical & electronics industry.
APAC accounted for the largest share of the polyamide-imide resin market in 2017, followed by Europe. The growth of the polyamide-imide resin market in APAC can be attributed to the increasing demand for vehicles, rising innovations in the aerospace industry, and increasing demand for consumer electronics. In addition, increased investments in the electrical & electronics industry are also projected to influence the growth of the polyamide-imide resin market in APAC.
Competition from hybrid polymers and composites is expected to restrain the growth of the polyamide-imide market. Moreover, high cost of polyamide-imide resins is acting as a major challenge to the growth of the polyamide-imide resin market.
Major companies profiled in this market research report include Solvay (Belgium), Quadrant (US), Toyobo (Japan), Ensinger (Germany), Innotek Technology (China), and Kermel (France). These companies are engaged in R&D activities to innovate and develop products to enhance their presence in the polyamide-imide resin market.
For instance, in March 2017, Solvay innovated 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. This new product launch strategy helped the company expand its existing line of products and widen its customer base in the aerospace industry.
Key Topics Covered
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 By Region
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Units Considered
1.6 Limitations
1.7 Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Assumptions
3 Executive Summary
4 Premium Insights
4.1 Significant Opportunities in the Polyamide-imide Resin Market
4.2 APAC Polyamide-imide Resin Market, By End-Use Industry and Country
4.3 Polyamide-imide Resin Market, By Region
4.4 Polyamide-imide Resin Market, By Type
4.5 Polyamide-imide Resin Market, By End-Use Industry
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Superior Properties of Polyamide-imide
5.2.1.2 Replacement of Conventional Materials By Polyamide-imide
5.2.2 Restraints
5.2.2.1 Competition From Hybrid Polymers and Composites
5.2.3 Opportunities
5.2.3.1 Growing Demand in End-Use Industries
5.2.4 Challenges
5.2.4.1 High Cost of Polyamide-imides
5.3 Porter's Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
6 Polyamide-imide Resin Market, By Type
6.1 Introduction
6.2 Unfilled
6.3 Glass Filled
6.4 Carbon Filled
6.5 Others
7 Polyamide-imide Resin Market, By End-Use Industry
7.1 Introduction
7.2 Automotive
7.3 Aerospace
7.4 Electrical & Electronics
7.5 Oil & Gas
7.6 Others
8 Polyamide-imide Resin Market, By Region
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 APAC
8.3.1 China
8.3.2 India
8.3.3 Japan
8.3.4 Malaysia
8.3.5 Indonesia
8.3.6 South Korea
8.3.7 Rest of APAC
8.4 Europe
8.4.1 Germany
8.4.2 France
8.4.3 UK
8.4.4 Italy
8.4.5 Rest of Europe
8.5 Middle East & Africa
8.5.1 South Africa
8.5.2 UAE
8.5.3 Rest of the Middle East & Africa
8.6 South America
8.6.1 Brazil
8.6.2 Argentina
8.6.3 Rest of South America
9 Company Profiles
9.1 Solvay
9.2 Quadrant
9.3 Toyobo
9.4 Ensinger
9.5 Innotek Technology
9.6 Kermel
For more information about this report visit https://www.researchandmarkets.com/research/q76hm3/polyamideimide?w=5
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