Global Polyamide-Imide (PAI) Market is valued at approximately USD 559.2 Million in 2021and is anticipated to grow with a healthy growth rate of more than 6.3% over the forecast period 2022-2029.Polyamide-Imide (PAI) is a strong and high-performing thermoplastic that possesses excellent chemical, thermal and mechanical properties. It is used in a wider range of applications due to its lightweight features. It is preferred over all other thermoplastics due to its high strength and extensive properties. Various industries are adopting PAIs due to their long-term stability, durability, and strength. Additionally, rising demand for high-temperature thermoplastics and growing demand for Polyamide-Imide in resin and plastic manufacturingare driving the market over the forecast period.
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.
Major market players included in this report are:
- Toyobo Co., Ltd.
- Mitsubishi Motors Corporation
- FUJIFILM Holdings Corporation
- Shanghai Songhan Plastic Technology Co., Ltd
- Kermel
- Solvay S.A.
- InnoTek Limited.
- Ensinger GmbH
- Huntsman Corporation
- Toray Industries, Inc.
Recent Developments in the Market:
- In March 2022, Toyobo Co. Ltd, collaborated with Mitsubishi Motors Corporation to specialize in the manufacturing and sales of materials of Polyamide-Imide.
- In March 2017, EnduroSharp scrapper blades were launched by Solvay for the aerospace industry. These blades had high stiffness and strength due to Polyamide-Imide used in its manufacturing.
Global Polyamide-Imide (PAI) Market Report Scope:
- Historical Data 2019-2020-2021
- Base Year for Estimation 2021
- Forecast period 2022-2029
- Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered Application, Region
- Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
- Customization Scope Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
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:
By Application:
- Molding resins
- Wire enamels
- Coatings
- Fibers
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of the World
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
- 1.2.1. Polyamide-Imide (PAI) Market, by Region, 2019-2029 (USD Million)
- 1.2.2. Polyamide-Imide (PAI) Market, by Application,2019-2029 (USD Million)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Polyamide-Imide (PAI) Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Polyamide-Imide (PAI) Market Dynamics
- 3.1. Polyamide-Imide (PAI) Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Rising demand forhigh temperature Thermoplastics
- 3.1.1.2. Growing PAI Resin and PAI Plastic market
- 3.1.2. Market Challenges
- 3.1.2.1. High Cost of Polyamide-Imide (PAI)
- 3.1.3. Market Opportunities
- 3.1.3.1. Melt-process ability of Polyamide-Imide
- 3.1.3.2. Growing Automotive and Aerospace Industries
Chapter 4. Global Polyamide-Imide (PAI) MarketIndustry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Investment Adoption Model
- 4.5. Analyst Recommendation & Conclusion
- 4.6. Top investment opportunity
- 4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Polyamide-Imide (PAI) Market, by Application
- 6.1. Market Snapshot
- 6.2. Global Polyamide-Imide (PAI) Market by Application, Performance - Potential Analysis
- 6.3. Global Polyamide-Imide (PAI) Market Estimates & Forecasts by Application2019-2029 (USD Million)
- 6.4. Polyamide-Imide (PAI) Market, Sub Segment Analysis
- 6.4.1. Molding resins
- 6.4.2. Wire enamels
- 6.4.3. Coatings
- 6.4.4. Fibers
Chapter 7. Global Polyamide-Imide (PAI) Market, Regional Analysis
- 7.1. Polyamide-Imide (PAI) Market, Regional Market Snapshot
- 7.2. North America Polyamide-Imide (PAI) Market
- 7.2.1. U.S.Polyamide-Imide (PAI) Market
- 7.2.1.1. Application breakdown estimates & forecasts, 2019-2029
- 7.2.2. CanadaPolyamide-Imide (PAI) Market
- 7.3. Europe Polyamide-Imide (PAI) Market Snapshot
- 7.3.1. U.K. Polyamide-Imide (PAI) Market
- 7.3.2. Germany Polyamide-Imide (PAI) Market
- 7.3.3. France Polyamide-Imide (PAI) Market
- 7.3.4. Spain Polyamide-Imide (PAI) Market
- 7.3.5. Italy Polyamide-Imide (PAI) Market
- 7.3.6. Rest of EuropePolyamide-Imide (PAI) Market
- 7.4. Asia-PacificPolyamide-Imide (PAI) Market Snapshot
- 7.4.1. China Polyamide-Imide (PAI) Market
- 7.4.2. India Polyamide-Imide (PAI) Market
- 7.4.3. JapanPolyamide-Imide (PAI) Market
- 7.4.4. Australia Polyamide-Imide (PAI) Market
- 7.4.5. South Korea Polyamide-Imide (PAI) Market
- 7.4.6. Rest of Asia PacificPolyamide-Imide (PAI) Market
- 7.5. Latin America Polyamide-Imide (PAI) Market Snapshot
- 7.5.1. Brazil Polyamide-Imide (PAI) Market
- 7.5.2. MexicoPolyamide-Imide (PAI) Market
- 7.6. Rest of The World Polyamide-Imide (PAI) Market
Chapter 8. Competitive Intelligence
- 8.1. Top Market Strategies
- 8.2. Company Profiles
- 8.2.1. Toyobo Co., Ltd.
- 8.2.1.1. Key Information
- 8.2.1.2. Overview
- 8.2.1.3. Financial (Subject to Data Availability)
- 8.2.1.4. ProductSummary
- 8.2.1.5. Recent Developments
- 8.2.2. Mitsubishi Motors Corporation
- 8.2.3. FUJIFILM Holdings Corporation
- 8.2.4. Shanghai Songhan Plastic Technology Co., Ltd
- 8.2.5. Kermel
- 8.2.6. Solvay S.A.
- 8.2.7. InnoTek Limited.
- 8.2.8. Ensinger GmbH,
- 8.2.9. Huntsman Corporation
- 8.2.10. Toray Industries, Inc.
Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes
- 9.3. Research Assumption