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Polyamide imide are thermoplastics that have high mechanical and physical properties and also has high chemical resistance. These compounds are used mainly in industries that need extra strength for their end products. Carbon reinforced polyamide imide has replaced steel and aluminum based products and this has in turn acts as a major trend towards metal replacement. The growing demand for polymers with enhanced physical and chemical properties is set to drive the market for the resin. The market for polyamide imide resin is expected to grow at a CAGR of 4.32% during the period of 2016 2021.
Segments including by preparation, by coating application, by end user and geography, scrutinize the Polyamide imide resin market. By preparation the global polyamideimide resins market is further fragmented into Acid cyanide route, Diisocyanate route and others. By coating application, the market is divided into high temperature coatings, wire enamel coating, non stick coatings, decorative coatings, corrosion resistant coating and others. Architectural, automotive, food packaging, industrial and paper and pulp are some of the major end user industry for the polyamideimide resins market. Wire enamel coating is used extensively in the architectural industry. The report on polyamideimide resins also comprises of the region wise study of the global market including Americas, Europe, AsiaPacific and Rest of the World.
The Diisocyanate route of preparation is expected to hold the largest market share along with Acid Chloride route. The latter is expected to grow at a CAGR of 4.78% while the former expects a CAGR of 4.05% in between 2016 to 2021. On the geographic scale APAC is the leading producer accounting to about 16.0 kilo tons in 2015. APAC is closely followed by Americas and Europe is forecast to be the slowest growing region.
The major players of the market include:
Solvay SA Belgium
Toyobo Co. Ltd. Japan
Mitsubishi Shoji Japan
Axalta Coating System U.S.
Original Article: Polyamideimide Resins Market: By Preparation Acid Chloride Route, Diisocyanate Route and Others; By Application High temperature, Wire Enamels, Decorative and Others; By End User Industry Architectural, Automotive, Food Packaging, Industrial, Marine and ONEXT ARTICLE
Food is any substance consumed to provide nutritional support for the body. It is usually of plant or animal origin, and contains essential nutrients, such as carbohydrates, fats, proteins, vitamins, or minerals. The substance is ingested by an organism ...