POLYAMIDEIMIDE FIBERS MARKET ANALYSIS

Polyamideimide Fibers MarketSize and Trends

Market Outlook

Global polyamideimide fibers market size is expected to increase significantly, owing to increasing demand for polyamideimide fibers in various industries during the forecast period (2019-2027). Growing use of polyamideimide fibers in the molding and coating industry is expected to increase the demand for polyamideimide fibers and subsequently drive the market growth. Polyamideimide fibers used in powdered form in coatings industry. Moreover, polyamideimide fibers is used in enamel paints such as magnetic enamels, wire enamels. Polyamideimide fibers enamels have thermal stability and offer chemical and heat resistance. Such high use of polyamideimide fibers in the coatings industry is expected to propel growth of the market. Furthermore, polyamideimide fibers are used in electronics industry in manufacturing of semiconductors and electric motor components. Increasing demand for electric motors and semiconductors around the world is expected to boost the market growth in the near future. Moreover, polyamideimide fibers find applications in gas separation industry, as they are used in membrane separation technology, owing to high resistance to temperature. This is expected to increase the demand for polyamideimide fibers and hence, support the market growth during the forecast period.

Market Trends

Global polyamideimide fibers market size is expected to witness significant growth during the forecast period, driven by increasing demand in coatings and molding industries. The market is expected to be further propelled due to growing application in electronics and gas separation industries.