Global Polyamide imide Resin market is anticipated to reach USD 750 Million by 2024, growing at a CAGR of over 7% during the forecast period, due to excellent wear resistance, high thermal stability, and exceptional mechanical strength. However, low cost of the conventional plastics and competition from hybrid polymers and plastics are acting as challenges for the growth of the market.

Based on the type, the market has been bifurcated into Unfilled, Glass Filled, Carbon Filled, and Others. Owing to the features, such as remarkable weather and gamma rays’ radiation resistant and superb bearing capacity, glass filled segment is anticipated to grow at the highest CAGR during the forecast period.

Electrical & Electronics segment to grow at the highest CAGR during the forecast period

Global Polyamide imide Resin market : Based on the end user industry, the market has been segmented into Automotive, Aerospace, Electrical & Electronics, Oil & Gas, and Others. The electrical and electronics segment is projected to acquire the major share during the forecast period owing to the rising demand to produce electronic products.

Geographically, the market has been segmented into Asia Pacific, North America, South America, Middle East & Africa and Europe. Asia Pacific, followed by Europe, is anticipated to grow at the highest CAGR during the forecast period due to the increased investment in the electrical and electronics industry and growing demand in end user industries.

Some of the leading players in the Global Polyamide-imide Resin Market are Solvay SA, Toyobo Co. Ltd., Elantas, Mitsubishi Shoji, Axalta Coating Systems, LLC, Shanghai Songhan Plastics Technology Co., Ltd, Fujifilm Holdings Corporation, Ensinger GmbH, Innotek Technology, Kermel S.A., etc.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration solution providers across the globe.

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TechSci Research calculated the market size of Global Polyamide-imide Resin Market using a bottom-up approach, where data for various application across various technology were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

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