Polybenzimidazoles (PBI) Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030
Polybenzimidazoles (PBI, short for Poly-[2, 2\'-(m- phenylen)-5, 5\'-bisbenzimidazole]) is a kind polymer with benzo heterocyclic rigid chain. PBI is generally obtained from the condensation and cyclization of aromatic amine and diphenyl phthalate, reacting in molten state or in strong polar solvents. PBI is used in the military industry at its beginning, now the applications have covered semiconductor, membranes, petrochemical and many other fields.
Because PBI is always used after post-dealing followed the copolymerization process. When PBI is being used as the material base of parts of the planes, electric devices or other product, it is usually not bought PBI resin, but the PBI bulk mold. Thus, this work is focused on the PBI molding products.
PBI was developed by the United States military in the beginning. The industrial process to fabricate PBI is complicated requiring high technology. Hence, the PBI industry is a highly monopolized one that there is only a single company located in United States who can synthesize PBI polymer from monomers. The product of this company (PBI Performance Product) is the original material of the other three companies for further molding: QUADRNT, PBI Advanced Materials and Polymics.
Polybenzimidazoles (PBI) is high-performance engineering plastic for the unique properties such as: excellent thermal stability, broad chemical resistance and unique compatibility with certain other polymers. Therefore, it has a wide range of potential applications covering aerospace, industrial, petrochemical, semiconductor, membrane and coating areas. However, since the cost is not affordable for many products, PBI is mainly used in the irreplaceable fields or the industry of strict requirement regardless of cost.
Generally, the industrial production is still in charged by PBI Performance Product who obtained the technology from NASA and the military, while, the study is rather wide among the research commitment. Especially, the Chinese researchers frequently disclaim they are discovering the many PBI series products showing incredible properties. But, there\'s surely a long way for others except US to achieve bath production.
The Global Polybenzimidazoles (PBI) Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
In the global Polybenzimidazoles (PBI) Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Quadrant
PBI Advanced Materials
Polymics
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
U-Series
T-Series
In Market segmentation by applications :
Aerospace
Industrial
Petro/chemical
Semiconductor
Membrane
Other applications
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Polybenzimidazoles (PBI) Market for the forecast period 2023 - 2030?
• What are the driving forces in the Polybenzimidazoles (PBI) Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Polybenzimidazoles (PBI) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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