Global Polybenzimidazoles (PBI) Market Growth 2019-2024

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.

According to this study, over the next five years the Polybenzimidazoles (PBI) market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Polybenzimidazoles (PBI) business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Polybenzimidazoles (PBI) market by product type, application, key manufacturers and key regions and countries.

This study considers the Polybenzimidazoles (PBI) value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
U-Series
T-Series
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Aerospace
Industrial
Petro/chemical
Semiconductor
Membrane
Other applications

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Quadrant
PBI Advanced Materials
Polymics
...

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Polybenzimidazoles (PBI) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Polybenzimidazoles (PBI) market by identifying its various subsegments.
Focuses on the key global Polybenzimidazoles (PBI) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Polybenzimidazoles (PBI) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Polybenzimidazoles (PBI) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.