Polyamide-Imide (PAI) Market Analysis by Application (Molding Resins, Wire Enamels, Coatings, Fibers) And Segment Forecasts To 2024

Published: Oct, 2015 | Pages: 75 | Publisher: Grand View Research
Industry: Chemicals | Report Format: Electronic (PDF)

The global polyamide-imide (PAI) market is expected to reach USD 668.9 million by 2024, according to a new report by Grand View Research, Inc. Significant growth can be attributed to surging PAI demand in molding resin and wire enameling applications.

The global automotive industry has been witnessing significant growth on account of low-cost manufacturing and government support in the form of tax benefits and financial incentives particularly in emerging Asian countries such as China, Indonesia, India, and Thailand. With an ongoing trend towards metal replacement in the automotive and aerospace industry, polyamide-imide molding resins have immense potential for components in engine parts and drive transmission parts that form 50% of the automotive component industry.

PAI polymers in fiber application also offer ample opportunity for the meta-aramid clothing industry. This material has heat and flame resistant characteristics and is one of the superior products used in the protective clothing industry. Growing demand for thermal protection clothing in the military, defense, chemical, and oil & gas industries is expected to steer polyamide-imide fiber demand over the next eight years.

Fiber application segment is expected to witness moderate growth rate over the next eight years. In terms of revenue, the segment is anticipated to grow at a CAGR of 6.3% from 2016 to 2024. Surging demand for heat and flame resistant clothing in firefighting services, defense, and industrial sectors is expected to drive PAI-based fiber demand over the next eight years.

Further key findings from the report suggest:

The global polyamide-imide (PAI) market demand was 9.96 kilo tons in 2015 and is expected to reach 16.32 kilo tons by 2024, growing at a CAGR of 5.7% from 2016 to 2024

Molding resins were the leading application segment and is anticipated to grow at a CAGR of 5.8% over the forecast period. Significant demand for high performance polymers with enhanced heat and flame resilience in automotive components is expected to steer PAI demand for compounded materials.

Wire enamel application is anticipated to emerge as the fastest growing application segment by 2024. Polyamide-imide demand in the segment was 617.4 tons in 2015. Surging demand for insulated magnet wires with excellent heat and shock resistance than conventional materials such as polyester and polyurethane is expected to steer polyamide-imide demand in this segment.

Asia Pacific is expected to emerge as fastest growing regional market and witness a growth rate of 6.8% over the next eight years. China polyamide-imide market is expected to reach a net volume of 2,457.1 tons by 2024.

Key industry participants in the market include Kermel, Solvay, Toyobo, and Ensinger that are integrated across the value chain from raw material procurement to product manufacturing and supplying. Other players operating in the global PAI industry include Shanghai Songhan Plastics Technology Co., Ltd., Fujifilm, and Innotek.

 Table of Contents


Chapter 1 Methodology and Scope
                     1.1 Research Methodology
                     1.2 Research scope and assumptions
                     1.3 List of data sources
Chapter 2 Executive Summary
Chapter 3 Market Variables, Trends & Scope
                     3.1 Market segmentation
                     3.2 Market size and growth prospects
                     3.3 Polyamide-imide value chain analysis
                         3.3.1 Vendor landscape
                     3.4 Polyamide-imide market dynamics
                     3.5 Regulatory scenario
                         3.5.1 Market driver analysis
                               3.5.1.1 Growing high performance materials demand in automobile and aerospace industries
                               3.5.1.2 Growing replacement of metals by thermoplastic and thermoset plastics
                         3.5.2 Market restraint analysis
                               3.5.2.1 Higher manufacturing cost of polyamide-imide polymer
                     3.6 Industry analysis - Porter's
                     3.7 Polyamide-imide PESTEL analysis
Chapter 4 Market Categorization 1: Application Estimates & Trend Analysis
                     4.1 Polyamide-imide market share by application, 2015 & 2024
                     4.2 Market estimates and forecast, by application 2014 - 2024
                         4.2.1 Molding resins
                               4.2.1.1 Market estimates and forecast in molding resins, by region, 2014 - 2024
                         4.2.2 Wire enamels
                               4.2.2.1 Market estimates and forecast in wire enamels, by region, 2014 - 2024
                         4.2.3 Coatings
                               4.2.3.1 Market estimates and forecast in coatings, by region, 2014 - 2024
                         4.2.4 Fibers
                               4.2.4.1 Market estimates and forecast in fibers, by region, 2014 - 2024
                         4.2.5 Others
                               4.2.5.1 Market estimates and forecast in other applications, by region, 2014 - 2024
Chapter 5 Market Categorization 2: Regional Estimates & Trend Analysis
                     5.1 Polyamide-imide market share by region, 2015 & 2024
                     5.2 Market estimates and forecast, by region 2014 - 2024
                     5.3 North America
                         5.3.1 Market estimates and forecast, 2014 - 2024
                               5.3.1.1 Market estimates and forecast, by application, 2014 - 2024
                         5.3.2 U.S.
                               5.3.2.1 Market estimates and forecast, by application, 2014 - 2024
                     5.4 Europe
                         5.4.1 Market estimates and forecast, 2014 - 2024
                         5.4.2 Germany
                               5.4.2.1 Market estimates and forecast, by application, 2014 - 2024
                         5.4.3 France
                               5.4.3.1 Market estimates and forecast, by application, 2014 - 2024
                         5.4.4 UK
                               5.4.4.1 Market estimates and forecast, by application, 2014 - 2024
                     5.5 Asia Pacific
                         5.5.1 Market estimates and forecast, 2014 - 2024
                               5.5.1.1 Market estimates and forecast, by application, 2014 - 2024
                         5.5.2 China
                               5.5.2.1 Market estimates and forecast, by application, 2014 - 2024
                         5.5.3 India
                               5.5.3.1 Market estimates and forecast, by application, 2014 - 2024
                         5.5.4 Japan
                               5.5.4.1 Market estimates and forecast, by application, 2014 - 2024
                     5.6 CSA
                         5.6.1 Market estimates and forecast, by application, 2014 - 2024
                     5.7 MEA
                         5.7.1 Market estimates and forecast, by application, 2014 - 2024
Chapter 6 Competitive Landscape
                     6.1 Solvay S.A.
                         6.1.1 Company Overview
                         6.1.2 Financial Performance
                         6.1.3 Product Benchmarking
                         6.1.4 Strategic Initiatives
                     6.2 Swicofil AG
                         6.2.1 Company Overview
                         6.2.2 Financial Performance
                         6.2.3 Product Benchmarking
                     6.3 Kermel
                         6.3.1 Company Overview
                         6.3.2 Financial Performance
                         6.3.3 Product Benchmarking
                         6.3.4 Strategic Initiatives
                     6.4 Toyobo Co. Ltd.
                         6.4.1 Company Overview
                         6.4.2 Financial Performance
                         6.4.3 Product Benchmarking
                         6.4.4 Strategic Initiatives
                     6.5 Innotek Technology
                         6.5.1 Company Overview
                         6.5.2 Financial Performance
                         6.5.3 Product Benchmarking
                     6.6 Fujifilm Holdings Corporation
                         6.6.1 Company Overview
                         6.6.2 Financial Performance
                         6.6.3 Product Benchmarking
                         6.6.4 Strategic Initiatives
                     6.7 Shanghai Songhan Plastics Technology Co., Ltd
                         6.7.1 Company Overview
                         6.7.2 Financial Performance
                         6.7.3 Product Benchmarking
                     6.8 Ensinger GmbH
                         6.8.1 Company Overview
                         6.8.2 Financial Performance
                         6.8.3 Product Benchmarking
                         6.8.4 Strategic Initiatives

List of Tables


TABLE 1 Polyamide-imide: Regulatory landscape
TABLE 2 Global polyamide-imide market volume by application, 2014 - 2024 (Tons)
TABLE 3 Global polyamide-imide market by application, 2014 - 2024 (USD Million)
TABLE 4 Global polyamide-imide market volume estimates and forecast in molding resins, by region, 2014 - 2024 (Tons)
TABLE 5 Global polyamide-imide revenue estimates and forecast in molding resins, by region, 2014 - 2024 (USD Million)
TABLE 6 Global polyamide-imide market volume estimates and forecast in wire enamels, by region, 2014 - 2024 (Tons)
TABLE 7 Global polyamide-imide revenue estimates and forecast in wire enamels, by region, 2014 - 2024 (USD Million)
TABLE 8 Global polyamide-imide market volume estimates and forecast in coatings, by region, 2014 - 2024 (Tons)
TABLE 9 Global polyamide-imide revenue estimates and forecast in coatings, by region, 2014 - 2024 (USD Million)
TABLE 10 Global polyamide-imide market volume estimates and forecast in coatings, by region, 2014 - 2024 (Tons)
TABLE 11 Global polyamide-imide revenue estimates and forecast in coatings, by region, 2014 - 2024 (USD Million)
TABLE 12 Global polyamide-imide market volume estimates and forecast in fibers, by region, 2014 - 2024 (Tons)
TABLE 13 Global polyamide-imide revenue estimates and forecast in fibers, by region, 2014 - 2024 (USD Million)
TABLE 14 Global polyamide-imide market volume estimates and forecast in other applications, by region, 2014 - 2024 (Tons)
TABLE 15 Global polyamide-imide revenue estimates and forecast in other applications, by region, 2014 - 2024 (USD Million)
TABLE 16 North America polyamide-imide market volume estimates and forecast, by application, 2014 - 2024 (Tons)
TABLE 17 North America polyamide-imide revenue estimates and forecast, by application, 2014 - 2024 (USD Million)
TABLE 18 U.S. polyamide-imide market volume estimates and forecast, by application, 2014 - 2024 (Tons)
TABLE 19 U.S. polyamide-imide revenue estimates and forecast, by application, 2014 - 2024 (USD Million)
TABLE 20 Europe polyamide-imide market volume estimates and forecast, by application, 2014 - 2024 (Tons)
TABLE 21 Europe polyamide-imide revenue estimates and forecast, by application, 2014 - 2024 (USD Million)
TABLE 22 Germany polyamide-imide market volume estimates and forecast, by application, 2014 - 2024 (Tons)
TABLE 23 Germany polyamide-imide revenue estimates and forecast, by application, 2014 - 2024 (USD Million)
TABLE 24 France polyamide-imide market volume estimates and forecast, by application, 2014 - 2024 (Tons)
TABLE 25 France polyamide-imide revenue estimates and forecast, by application, 2014 - 2024 (USD Million)
TABLE 26 UK polyamide-imide market volume estimates and forecast, by application, 2014 - 2024 (Tons)
TABLE 27 UK polyamide-imide revenue estimates and forecast, by application, 2014 - 2024 (USD Million)
TABLE 28 Asia Pacific polyamide-imide market volume estimates and forecast, by application, 2014 - 2024 (Tons)
TABLE 29 Asia Pacific polyamide-imide revenue estimates and forecast, by application, 2014 - 2024 (USD Million)
TABLE 30 China polyamide-imide market volume estimates and forecast, by application, 2014 - 2024 (Tons)
TABLE 31 China polyamide-imide revenue estimates and forecast, by application, 2014 - 2024 (USD Million)
TABLE 32 India polyamide-imide market volume estimates and forecast, by application, 2014 - 2024 (Tons)
TABLE 33 India polyamide-imide revenue estimates and forecast, by application, 2014 - 2024 (USD Million)
TABLE 34 Japan polyamide-imide market volume estimates and forecast, by application, 2014 - 2024 (Tons)
TABLE 35 Japan polyamide-imide revenue estimates and forecast, by application, 2014 - 2024 (USD Million)
TABLE 36 CSA polyamide-imide market volume estimates and forecast, by application, 2014 - 2024 (Tons)
TABLE 37 CSA polyamide-imide revenue estimates and forecast, by application, 2014 - 2024 (USD Million)
TABLE 38 MEA polyamide-imide market volume estimates and forecast, by application, 2014 - 2024 (Tons)
TABLE 39 MEA polyamide-imide revenue estimates and forecast, by application, 2014 - 2024 (USD Million)