Polyamide Market 2016 Share, Trend, Segmentation and Forecast to 2023 Polyamide imide Resins Market - Global Industry An | Page 2

decorative coatings, and others. Wire enamel coatings held a significant market
share in the global polyamide imide market. Food packaging, architectural, paper
and pulp, automotive, marine, wood, industrial, and others are the segments under
polyamide imide resins market by end user industry. The automotive industry was a
major contributing industry for the polyamide imide resin market.
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Geographically, the global polyamide imide resins market is divided into five
regions. They are North America, Europe, Asia Pacific, Latin America, and the Middle
East and Africa. The polyamide imide resins market fluctuates across geographies in
terms of supply, demand, price, and trade, along with compositions of the
ingredients as well as potential of the end-use industry. The North America market
has the leading share of the global polyamide imide resins market. Increasing
demand for high performance coatings in the region can be ascribed to the growing
aerospace and automotive industry. Continuing investments by various automakers
in the U.S. are likely to drive the market in this region over the forecast period. The
Asia Pacific region is expected to grow at a maximum rate over the forecast period.
Growing population and increase in the number of companies in emerging countries
such as India and China will boost the demand growth in this region.
Key vendors in the global polyamide imide resins market include Innotek Technology
Ltd., Axalta Coating Systems, LLC, Toyobo Co., Ltd., Nuplex Resins, LLC, Fujifilm,
Hitachi Resins, LLC, Drake Plastics Ltd. Co., Mitsubishi Shoji, Solvay SA, Kermel,
Elantas, Shanghai Songhan Plastics Technology Co., Ltd., and Ensinger GmbH.
Companies such as Innotek and Fujifilm are focused on manufacturing PAI powders
for coatings uses.
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