Title: The Polyamide Imide Resins Market is expected to reach $489.46 million by 2023.
1Polyamide Imide resins is valued 364.0M in the
2017 and is anticipated to grow at a CAGR of 4.3
from the year 2018-2023.
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2Asia Pacific will dominate the Polyamide Imide
Resins Market during the forecast period. It is
expected to generate 167.71 million by 2023 at a
CAGR of 5.1. Asia Pacific has an economic
outlook which is favorable due to the economic
developments in China and other developing
countries. The region has more number of oil
importers and is expected to benefit from low oil
prices. Growth of the construction industry is
the main driver for the polyamide imide resins.
Growing number of construction contracts in
countries such as China, Vietnam, India,
Malaysia, and Indonesia are the other factors
responsible for the growth of the Polyamide Imide
Resins Market.
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3Selected Analysis Done in the Full Report
The architectural segment in 2016 earned revenue
of 13.68 million. It is expected to reach 17.06
million by 2023 at a CAGR of 2.74. Architectural
coatings include products such as interior and
exterior paints, primers, finishes, sealers, etc.
These coatings can prevent the deterioration
caused by the environmental factors. They can
also maintain durability and aesthetic
properties, and reduce the maintenance costs. The
demand for polyamide coating is growing due to
increasing construction activities across the
globe.
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4Excerpts on market growth factors
- Increasing demand for polymers with enhanced
insulating properties drive the growth of
polyamide imide polymers. - Increasing demand for chemical resistant coating
enhances the demand for the polyamide plastic
during the forecast period. - Increasing demand of polyamide-imide in
automotive and aviation segments spurs the demand
for the polyamide resin.
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5Key Players of the Polymide Imide Resins Market
- D2L Corporation
- Dream box Learning
- Knewton
- Smart Sparrow PTY LTD
- Pearson
- And 15 more
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