Significant growth can be attributed to surging PAI demand in molding resin and wire enameling applications. The Global Polyamide-Imide (PAI) Market is expected to reach USD 668.9 million by 2024, according to a new report by Grand View Research, Inc. The global automotive industry has been witnessing significant growth on account of low-cost manufacturing and government support in the form of tax benefits and financial incentives particularly in emerging Asian countries such as China, Indonesia, India, and Thailand. With an ongoing trend towards metal replacement in the automotive and aerospace industry, polyamide-imide molding resins have immense potential for components in engine parts and drive transmission parts that form 50% of the automotive component industry. PAI polymers in fiber application also offer ample opportunity for the meta-aramid clothing industry. This material has heat and flame resistant characteristics and is one of the superior products used in the p