Polyamide-imide Resin Market Size, Share, Trends, Growth 2032

Polyamide-imide Resin Industry Prospective:

The global polyamide-imide resin market size was worth around USD 737.47 million in 2023 and is predicted to grow to around USD 1,378.79 million by 2032 with a compound annual growth rate (CAGR) of roughly 7.20% between 2024 and 2032.

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The study includes drivers and restraints of the market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the polyamide-imide resin market on a global level.

Polyamide-imide Resin Market: Growth Drivers

The global polyamide-imide resin market is expected to witness substantial growth over the forecast time period, owing to the development of various end-user industries, such as automotive, oil and gas, aerospace, and electrical and electronics. Polyamide-imides are amorphous polymers with exceptional chemical-, mechanical- and thermal-resistant properties. Polyamide-imides are prepared by the condensation of an anhydride, such as trimellitic acid chloride, and an aromatic diamine, such as methylenediamine. Polyimides are used broadly in printed circuit boards due to their excellent thermal stabilities, chemical resistance, and low dielectric constant. Polyamide-imides are also used as wire coatings in making magnet wires. The high demand for polyamide-imide resins is attributed to its superior properties, as it performs exceptionally under intensely stressful conditions at continuous different temperatures based on the material type.

The increasing demand for polyamide-imide resin in various end-user industries is expected to drive the global polyamide-imide resin market growth over the forecast period. However, the high cost of polyamide-imide resin may limit the polyamide-imide resin market globally. Conversely, the growing demand for polyamide-imide resin, particularly in the developing economies of Asia Pacific, is expected to provide ample growth opportunities in the global polyamide-imide resin market in the upcoming years.

In order to give the users of this report a comprehensive view of the polyamide-imide resin market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market. Moreover, the study covers price trend analysis, the product portfolio of various companies according to the region.

Polyamide-imide Resin Market : Report Scope

Polyamide-imide Resin Market: Segmentation

The global polyamide-imide resin market is fragmented based on type and end-use industry.

Based on type, the polyamide-imide resin market includes unfilled, carbon-filled, glass-filled, and others. Glass-filled polyamide-imide resins are expected to grow at the highest rate, owing to their high strength and stiffness, outstanding bearing, superior gamma radiation and weather resistance, and good chemical-resistance. Glass fibers when added to polyamide resins expand the flexural modulus of polyamide-imide resins along with decreasing the expansion rate.

Based on end-use industry, the polyamide-imide resin market includes automotive, electrical and electronics, aerospace, oil and gas, and others. Electrical and electronics is expected to grow at the highest rate in the future, owing to the diverse resin applications, such as wafer carrier, chemical washing, and chip nest and sockets.

Polyamide-imide Resin Market: Regional Analysis

The Asia Pacific region is expected to register the highest growth rate on account of the growing number of regional automotive manufacturers. The region is now focusing on manufacturing energy-efficient vehicle that requires lightweight parts. Polyamide-imide resins are widely used in producing lightweight automotive components, which, in turn, is expected to propel the polyamide-imide resin market in the Asia Pacific region. In addition, increased investments in the region’s electrical and electronics industry are also fuelling the polyamide-imide resin market.

Polyamide-imide Resin Market: Competitive Analysis

The global polyamide-imide resin market is led by players like:

• Solvay
• Quadrant
• Toyobo
• Ensinger
• Innotek Technology
• Kermel

This report segments the global polyamide-imide resin market into:

Global Polyamide-imide Resin Market: Type Analysis

• Unfilled
• Glass-Filled
• Carbon-Filled
• Others

Global Polyamide-imide Resin Market: End-Use Industry Analysis

• Automotive
• Aerospace
• Electrical and Electronics
• Oil and Gas
• Others

Global Polyamide-imide Resin Market: Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa