PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1251605
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1251605
With the higher production of thermoplastics, the demand for high-temperature thermoplastics was driving the market for Polyamide-Imide (PAI). Around 400 million metric tons were produced in 2020. PAI provides excellent performance during severe thermal and chemical environments which makes it highly preferable over other thermoplastics.Polyamide-Imide is preferred for the manufacturing of resin and plastics. PAI is used as a stiff plastic material to manufacture and produce components withstanding heavy loads. For Instance, plastic and resin manufacturing in the United States was growing continuously, an increase of2% seen in 2022 compared to previous year. In 2022, the market size of resin amounted to USD 97.5 billion. Global plastic production amounted to nearly 367 million metric tons in 2020. Moreover, PAIsare available in various forms due to its Melt-process ability theirits demand in the automotive, aerospace, and electric industries arerising due to theirversatile nature. However, the high cost of Polyamide-Imide (PAI) stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Polyamide-Imide (PAI) Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia-Pacific dominated the market for Polyamide-Imide. The electronics and electrical industry demanded power efficient and reliable materials that boosted the demand for Polyamide-Imide (PAI). This region has a growing demand for high-performance thermoplastics which surges the market. North America is projected to be the fastest growing reason in the coming years. The emerging demand for stiff plastic in the aerospace and automotive industry is driving the market of PAIs. Several PAI resin and plastic market players boosted the growth of PAI Plastics and PAI Resin in this region.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporatespotential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable