There has been rising demand for thermoplastic polyimide from the aerospace, automotive and electronics industries. Because of its high strength, toughness, high stiffness, and high heat resistance, thermoplastic polyimides are considered as engineering plastics. Thermoplastic polyimide is polyimides whose shape can be changed with the application of heat.
These polymers find a wide range of applications in the aerospace and automotive industry, which includes aircraft structural parts, automotive structural parts, parts of industrial machinery and equipment. Thermoplastic Polyimide is also used in various electronics and electrical parts. Cleanness, toughness, and transparency are some of its important characteristics, which are favored in the aerospace and automotive industries.
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Market Players: –
- Mitsui Chemicals, Inc.
- Solvay
- Toray
- Saint-Gobain
- TenCate
- EVONIK
- Welch Fluorocarbon Inc.
- Taimide
- Shinmax Technology
- Stratasys
- RESINEX Group
- RTP Company
- Nexeo Solutions
Key partners in Market including industry players, policymakers, and financial backers in different nations have been persistently realigning their systems and ways to deal with carry out them to take advantage of new open doors. Numerous lately have updated their procedures to stay coordinated in the setting of overall disturbances brought about by the COVID-19 pandemic.
Global Thermoplastic Polyimide Market Segmentation
The global thermoplastic polyimide market can be segmented on the basis of application, end use industry, and region.
On the basis of application, the global thermoplastic polyimide market can be segmented as:
- Films & Tubes
- Insulated Bushes & Gears
- Sockets & Connectors
- Washers
- Other Equipment Parts
On the basis of end use industry, the global thermoplastic polyimide market can be segmented as:
- Automotive
- Aerospace
- Electronics & Electrical
- Other Industries
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Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
- CIS & Russia
- Japan
- Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
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The data provided in the Thermoplastic Polyimide Market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.
Thermoplastic Polyimide Market Trends
Automotive manufacturers are focusing on lightweight materials for its component manufacturing. Thermoplastic polyimide is a material of choice in various automotive and automotive electronic component manufacturing. Rise in automotive industry in emerging economies, is therefore pushing the demand for thermoplastic polyimide.
As per the Boeing outlook, some of the new aircraft constitute about 50% of advanced composites. Thermoplastic polyimide is also used in the manufacturing of various composites. High demand for these composites is expected to push the thermoplastic polyimide from the aerospace industry.