Polyamide-imide Resin Market - Predicted Growth, Trends, Opportunity & Analysis
The global Polyamide-imide Resin market is anticipated to reach USD 750 Million by 2027, 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 Based on the end-user industry, the market has been segmented into Automotive, Aerospace, Electrical & Electronics, Oil & Gas, and Others. The electrical and electronics segm...