The Global Polyamide-imide Resin Market 2018-2022: A $687 Million Opportunity by 2022 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 3, 2018--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 in 2017, 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-user industries, superior properties of polyamide-imide resins, and replacement of conventional materials by polyamide-imide resins are key factors projected to drive the growth of the polyamide-imide resin market.
However, competition from hybrid polymers and composites is expected to restrain the market growth. The high cost of polyamide-imide resins is acting as a key challenge to 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 between 2017 and 2022. 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.
In addition, glass-filled polyamide-imide resins provide superior stiffness and dimensional stability to finished products. Superior properties of glass-filled polyamide-imide resins, coupled with their increasing applicability in end-use industries, have contributed to the growth of the glass-filled type segment.
Key Topics Covered
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Polyamide-imide Resin Market, By Type
7 Polyamide-imide Resin Market, By End-Use Industry
8 Polyamide-imide Resin Market, By Region
9 Company ProfilesSolvay Quadrant Toyobo Ensinger Innotek Technology Kermel
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Related Topics:Engineering Plastics ,Plastic Resins
INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS
SOURCE: Research and Markets
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PUB: 08/03/2018 03:23 PM/DISC: 08/03/2018 03:22 PM