Polyamide-Imide Size To Reach USD 668.9 Million By 2024:Key Participant Kermel, Solvay

San Francisco, 29 October 2018 , 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.

Full Research Report On Polyamide-Imide (PAI) Market Analysis: www.grandviewresearch.com/industry-analysis/polyamide-imide-pai-market

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.

Browse More Reports Of This Category By Grand View Research At:  www.grandviewresearch.com/industry/plastics-polymers-and-resins

Grand View Research has segmented the polyamide-imide (PAI) market on the basis of application and region:

Global Polyamide-Imide (PAI) Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2024)

·         Molding resins

·         Wire enamels

·         Coatings

·         Fibers

Global Polyamide-Imide (PAI) Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2024)

·         North America

o    U.S.

·         Europe

o    Germany

o    UK

o    France

·         Asia Pacific

o    China

o    India

o    Japan

·         Central & South America

·         Middle East & Africa

Access Full Press Release of this Report:
www.grandviewresearch.com/press-release/global-polyamide-imide-pai-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com/

Polytetrafluoroethylene Market Worth USD 6,440.0 Million By 2020 | Key Industry Players DuPont, Daikin

The global PTFE Market is expected to reach USD 6,440.0 million by 2020, growing at a CAGR of 8.1% from 2013 to 2020, according to new market research report recently published by Grand View Research, which also estimates global PTFE consumption to reach 524.1 kilo tons by 2020.

The growing market for non-stick cookware, which uses PTFE, widely in Dupont’s Teflon form is expected to continue to be a stable growth avenue for market participants. Additionally, a surge in coating demand for wires and cables and the global trend in automotive weight reduction is also expected to provide multiple growth avenues to the PTFE industry. Volatile fluorspar supply and environmental concerns regarding Perfluorooctanoic acid (PFOA) content are expected to be roadblocks for PTFE manufacturers over the next six years.

Full Research Report On PTFE Market Analysis:

www.grandviewresearch.com/industry-analysis/Polytetrafluoroethylene-Industry

Further Key findings from the study suggest:

·         Granular PTFE dominated the product market, accounting for over 32% of global volumes in 2012, sales were strongest in Asia Pacific, with consumption expected to reach 67.2 kilo tons in 2020, growing at a CAGR of over 10% from 2013 to 2020

·         Powdered PTFE, both in micro-powder and fine-powder form accounted for over 43% of global volumes in 2012. Powdered PTFE is commonly used in aerospace, automotive, wire coatings and textile membranes

·         Automotive applications, majorly in equipment manufacturing, dominated PTFE demand in 2012, accounting for close to 28% of global volumes in 2012. Asia Pacific PTFE sales for automotive equipments are expected to reach USD 614.4 million by 2020, growing at a CAGR of over 8% from 2013 to 2020

·         Industrial and electronic applications together accounted for over 48% of global PTFE volumes in 2012

·         Asia Pacific is expected to maintain market dominant position, and is expected to account for over 37% of global PTFE consumption by 2020. North America PTFE demand was estimated to be 76.8 kilo tons in 2012 and is expected to reach 155.7 kilo tons by 2020, growing at a CAGR of 9.3% from 2013 to 2020

·         The global market is highly concentrated, with top four participants accounting for over 65% of total sales in 2012. DuPont, Daikin, Solvay, 3M and Arkema are key participants in the PTFE industry, accounting for over 70% of the global production capacity in 2012

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The global PTFE market has been broken down in to the following segments:                                  

PTFE Application Outlook                    

·         Industrial Processing

·         Electronics    

·         Automotive & Transportation           

·         Others (Cookware, Construction, Textiles etc.)                       

PTFE Product Outlook              

·         Granular        

·         Micro-powder

·         Fine-powder  

·         Others (Dispersion, Liquid, etc.)             

PTFE Regional Outlook             

·         North America           

·         Europe           

·         Asia Pacific   

·         RoW  

Access Full Press Release of this Report:
www.grandviewresearch.com/press-release/ptfe-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Polyarylsulfone (PAS) Market Worth USD 2.36 Billion By 2022 | Key Industry Players Ensinger Inc., Solvay

The global polyarylsulfone market size is expected to reach USD 2.36 billion by 2022, according to a new report by Grand View Research, Inc., progressing at a CAGR of 7.9% during the forecast period. The growth is primarily attributed to strong demand for PPSU from the dental & medical sector.

Excellent properties such as high thermal and chemical resistance are encouraging widening of product application scope in various industries. Polyarylsulfone is projected to replace polycarbonate and polyamide owing to its properties that are highly desirable from some industries such as electrical/electronics, aerospace, and automotive.

Surging high temperature thermoplastics demand in developing countries including India, China and Taiwan will positively affect global polyarylsulfone market growth over the forecast period. Huge buyers from diversified industries such as automotive, aerospace, medical, food & beverages, healthcare, electric/electronics and construction will lower bargaining power of suppliers.

In terms of prices, PPSU are the most expensive polyarylsulfones in the global market, followed by PEI & PESU. PSU is considered as the cheapest polyarylsulfone globally and on account of its inexpensive nature among all polyarylsulfone, the product is finding applications in medical and aerospace industries. PPSU emerged as the fastest growing product over the forecast period owing to the suitability in various applications.

Full Research Report On Polyarylsulfone Market Analysis:
https://www.grandviewresearch.com/industry-analysis/polyarylsulfones-market

Further key findings from the report suggest:

·         The global polyarylsulfone market generated a demand for 63.2 Kilotons in 2014 and is projected to reach 100.1 Kilotons by 2022

·         PPSU emerged as the fastest growing product segment in the market with a market share of more than 17.0% by revenue in 2014

·         Majority of PPSU consumed for medical & dental instruments which accounted for 30.01% of global PAS market volume in 2014

·         Rising needs for enhanced filtration in medical, sanitary, and food & beverages are anticipated to bolster product demand over the coming years

·         Presence of sophisticated and well-developed thermoplastic infrastructure in the United States is also estimated to foster the PAS demand in U.S. as well as in the North American region

·         Some of the key companies present in the market are Sumitomo Corporation; BASF; Solvay; Ensinger Inc.; Solvay; and Quadrant Engineering Plastics Product Inc.

Browse More Reports Of This Category By Grand View Research At: www.grandviewresearch.com/industry/bulk-chemicals

Grand View Research has segmented the global polyarylsulfone market report on the basis of product, and region:

Polyarylsulfone Product Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)

·         Polyphenylsulfone (PPSU)

o    Medical & Dental Instruments

o    Pipe Fittings & Manifolds

o    Aircraft Interiors

o    Wire Insulation

o    Others

·         Polysulfone (PSU)

o    Electrical & Electronics

o    Membranes

o    Plumbing Fittings

o    Others

·         Polyetherimide (PEI) & Polyethersulfone (PESU)

o    Medical

o    Automotive

o    Electrical/Electronic

o    Aerospace

o    Others

Polyarylsulfone Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

·         North America

o    U.S.

·         Europe

o    Germany

o    France

o    U.K.

·         Asia Pacific

o    China

o    India

o    Japan

o    South Korea

o    Taiwan

·         Central & South America

·         Middle East & Africa

Access Full Press Release of this Report: www.grandviewresearch.com/press-release/global-polyarylsulfone-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com