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Polyamide imide Resins Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

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Polyamide-imides are amorphous polymers that are either thermoplastic or thermosetting, with remarkable mechanical, chemical, and thermal resistant properties. One of the primary use of polyamide-imides is the material’s use in the manufacturing of magnet wire. They are used as wire coatings. Two different materials go into preparation of polyamide imides -trimellitic acid-anhydride in n-methyl-2-pyrrolidone, and isocyanates. Polyamide-imides exhibit an amalgamation of properties from both polyimides and polyamides, such as melt processibility, high strength, chemical resistance, and exceptional high heat competence. Polyamide imide polymers can be used for a variety of applications such as coatings, films, fibers, adhesives, and instillation or compression of precast parts and ingots.

The market has been on a growth path and is poised to remain so in the near future. Factors such as improvements in the product field, for example, carbon reinforced resin, and increase in demand for constituents with superior chemical and physical properties will drive the market further.

Cost of procurement of raw material and lack of skilled labor are some of the factors which might inhibit the growth of the market during the forecast period. However, growth prospects for polyamide imide resins coating will continue due to their widespread use in the hybrid car industry owing to their better thermal properties. Furthermore, these resins have high resistive physiognomies; hence, they find usage in chemical plants where there is consistent leakage of explosive and hazardous chemicals. Growing demand for polyamide imide resin, primarily in the industrial sector is likely to push the overall polyamide imide resins market in the future.

The global polyamide imide resins market can be segmented by preparation, by coating application, by end-user industry, and geography. By preparation, the global market can be trifurcated into diisocyanate route, acid chloride route, and others. Most of the manufacturers of polyamide imide resins which are used as wire enamels use the diisocyanate route for production. By coating application, the global polyamide imide resins market can be classified into wire enamel coatings, high temperature coatings, non-stick coatings, corrosion resistant coatings, decorative coatings, and others. Wire enamel coatings held a significant market share in the global polyamide imide market. Food packaging, architectural, paper and pulp, automotive, marine, wood, industrial, and others are the segments under polyamide imide resins market by end user industry. The automotive industry was a major contributing industry for the polyamide imide resin market.

Geographically, the global polyamide imide resins market is divided into five regions. They are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The polyamide imide resins market fluctuates across geographies in terms of supply, demand, price, and trade, along with compositions of the ingredients as well as potential of the end-use industry. The North America market has the leading share of the global polyamide imide resins market. Increasing demand for high performance coatings in the region can be ascribed to the growing aerospace and automotive industry. Continuing investments by various automakers in the U.S. are likely to drive the market in this region over the forecast period. The Asia Pacific region is expected to grow at a maximum rate over the forecast period. Growing population and increase in the number of companies in emerging countries such as India and China will boost the demand growth in this region.

 Key vendors in the global polyamide imide resins market include Innotek Technology Ltd., 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. Companies such as Innotek and Fujifilm are focused on manufacturing PAI powders for coatings uses.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market      

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis. 


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