About Polyamideimide
Polyamideimide is considered as a high-performance polymer that provides high-temperature strength with low-temperature toughness along with the chemical resistance as amorphous polymer. It is related to the high-temperature aromatic imide polymers, polyetherimides, and polyimides. It has low flammability with smoke emission and reinforced thermoplastic. It is used in automotive, energy & power, oil & gas, aerospace, and other industry.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 7.35% |
As with all technology, Polyamideimide will evolve time. Competition among existing players is due to the stiff market share occupied by leading players. The companies are implementing strategic activities such as acquisition and mergers along with collaboration with companies in other industries to help them in improving sustenance and maintaining their competitive advantages. Analyst at AMA Research estimates that Japanese Manufacturers will contribute the maximum growth to Global Polyamideimide market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Solvay (Belgium), Toyobo Co., Ltd. (Japan), Mitsubishi Motors Corporation (Japan), Fujifilm Holdings Corporation (Japan), Innotek Technology Ltd (Indonesia), The Ensinger Group (Germany), KERMEL (France) and Shanghai Songhan Plastics Technology Co., Ltd. (China) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Ensinger (Germany) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Polyamideimide market by Type (Polyether Ketone and Polyphenylene Sulfide), Application (Aircraft Fasteners, Automotive Transmission, Powertrain Components and Others) and Region.
On the basis of geography, the market of Polyamideimide has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Use Industry, the sub-segment i.e. Automotive will boost the Polyamideimide market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Product, the sub-segment i.e. Wear-resistant Grades will boost the Polyamideimide market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Use of Polyamideimide in Electrical Connectors and in General Mechanical Components Used in Various Industry
Market Growth Drivers:
Demand for High-Performance Polymers in Various Electrical Industrial Applications and Growing Aircraft Industry for Mechanical Operations
Challenges:
Stiff Competition in the Polyamideimide Market
Restraints:
Problems with the High Cost Associated with Polyamideimide and Risk of Attack of Alkalis on Polyamideimide
Opportunities:
Surging Demand for Polyamideimide Among Developing Nations Which are Highly Involved in Industrial Activities
Market Leaders and their expansionary development strategies
In July 2023, Arkema Inc. announced its proposed acquisition of PI Advanced Materials (PIAM), a South Korean business producing plastic films, primarily polyimide film, for USD 728 million enterprise value. Arkema has acquired Glenwood Private Equity’s 54% stake in the listed South Korean company and has be fully consolidated in Arkema’s accounts.
In January 2020, BASF closes the acquisition of the polyamide business from Solvay. The transaction broadens BASF’s polyamide capabilities with innovative and well-known products such as Technyl. This will allow BASF to support its customers with even better engineering plastics solutions, e.g., for autonomous driving and e-mobility. The transaction also enhances the company’s access to growth markets in Asia as well as in North and South America.
Key Target Audience
Polyamideimide Manufacturers, Polyamideimide International Traders, Polyamideimide Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.