PI Special Engineering Plastics Market
PI Special Engineering Plastics Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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PI Special Engineering Plastics Market Size and Growth
The PI Special Engineering Plastics market is experiencing robust growth, driven by increasing demand in aerospace, automotive, and electronics sectors. The market size is projected to reach approximately $1.5 billion by 2027, reflecting a compound annual growth rate (CAGR) of around 6% due to advancements in material performance and technology.
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Companies Covered
(Covid 19 Impact Covered)
◍ DuPont
◍ Sabic
◍ Ube Industries
◍ Mitsubishi Chemical
◍ Kaneka
◍ BASF
◍ SKC Kolon PI
◍ Shenzhen Danbond Technology
◍ Evonik
◍ CRRC Zhuzhou Institute
The PI Special Engineering Plastics Market features key players like DuPont, SABIC, and Mitsubishi Chemical. These companies develop innovative products, enhance production capacities, and focus on sustainability, driving market growth. Sales revenues include:
- DuPont: ~$22 billion
- SABIC: ~$40 billion
- BASF: ~$87 billion
These strategies bolster market expansion.
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Market Segmentation
By Application
Aviation
Car ◍ Electrical and Electronic
Industrial Machinery
By Product
◍ Both Benzenoid PI
Soluble PI
Polyamide-imide
Polyetherimide
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Market Growth
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$ X Billion USD
