Global Polybenzimidazoles (PBI) Market Size By Type(U-Series, T-Series), By Application(Aerospace, Industrial, Petrochemical, Semiconductors), By Geographic Scope And Forecast

Published Date: July - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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Polybenzimidazoles (PBI) Market Size And Forecast

Polybenzimidazoles (PBI) Market size was valued at USD 22.69 Million in 2024 and is projected to reach USD 36.05 Million by 2031, growing at a CAGR of 5.96% during the forecast period 2024-2031.

The demand for PBI fiber from manufacturing protective garments such as protective gloves, astronaut space suits, welders’ apparel, and firefighter suits is driving the polybenzimidazole market. The Global Polybenzimidazoles (PBI) Market report provide a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

What is Polybenzimidazoles (PBI)?

So, PBI, or polybenzimidazole, is basically a super-tough engineering plastic. It's got some really cool features, like being able to handle crazy high temperatures and resist nasty chemicals, and it gets along well with other plastics. Think of it as a special kind of thermoplastic that’s incredibly heat-resistant. To make it, you need an aromatic tetraamine and an aromatic dicarboxylic acid. Now, PBI and its relatives aren't cheap or easy to make, but they're worth it because of their amazing properties. Seriously, the PBI you see in the picture is one of the best out there when it comes to heat resistance – it can handle higher temperatures than pretty much any other thermoplastic that isn't filled. It's got a super high glass transition temperature of around 425°C (800°F) and doesn't even melt! Plus, it can withstand a heat deflection temperature of about 815°F (435°C) at 264 psi (1.8 MPa). On top of all that, it's incredibly stable when exposed to heat and can resist a bunch of different chemicals, like alcohols, hydrocarbons, chlorinated solvents, hydrogen sulfide, and even mild acids and bases. It doesn't even start to break down until you get it over 1300°F (> 500°C)!

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Global Polybenzimidazoles (PBI) Market Overview

The polybenzimidazole market is really taking off because of the need for PBI fiber in making crucial protective gear. Think protective gloves, astronaut space suits, welders' apparel, and of course, firefighter suits! What's so special about PBI? Well, it doesn't even have a melting point and stays strong even when things get super hot – up to 560C! And speaking of space suits, the demand for PBI fiber there is booming because it's not flammable, incredibly strong, and can stand up to mildew, abrasion, and harsh chemicals. Plus, there's a lot of exciting research happening and companies are merging and acquiring, which is fueling the growth in the aerospace and defense industries. Then there's CELAZOLE, another fantastic material. It's got amazing high-temperature mechanical properties, making it perfect for things like aviation engines that need to withstand serious heat. Get thiseven after being soaked in hydraulic fluid at 200°F for a whole month, this lightweight material still keeps 100 percent of its tensile strength!

PBI? Think of it as this super-tough plastic that you can melt and mold, but it stays incredibly stiff and strong even when things get scorching hot. This stuff can handle crazy temperatures, nasty chemicals, and being pulled in all directions. It's awesome for parts that need to withstand wear and tear. Like this PBI makes great spacers in the thrust reversers on airplanes because it doesn't change shape and can take the heat. But, hey, each plane only needs a few of these because they only have two reversers. Machining these parts from standard stock works perfectly. Now, while adding heavy fillers is one way to make plastics more heat resistant, nobody's really figured out how to do it without adding all that weight. Using plastics without those heavy metal additives offers some cool advantageseasier to make, uses less energy, weighs less, and requires fewer steps. You can learn more here!

Global Polybenzimidazoles (PBI) MarketSegmentation Analysis

The Global Polybenzimidazoles (PBI) Market is segmented by Type, Application and Geography.

Polybenzimidazoles (PBI) Market By Type

  • U-Series
  •  T-Series

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In 2021, T-Series really dominated the market, grabbing a whopping 61.14% share – that's like USD 48.01 Million! And get this, they're expected to keep growing at around 5.88% each year. So, what makes T-Series so special compared to regular PEEK? Well, it's got this awesome mix of properties thanks to being combined with PBI and other fillers. This gives it higher heat resistance (HDT), more strength, better wear resistance, and less creep. We're talking about heat deflection temperatures up to 330ºC, which is practically right below PEEK's melting point. T-Series strikes that perfect balance between being easy to work with and delivering killer performance, making it better than PEEK but not quite as extreme as PBI. You'll usually find T-Series products as pellets, perfect for injection molding and extrusion.

Polybenzimidazoles (PBI) Market By Application

  • Aerospace
  • Industrial
  • Petrochemical
  • Semiconductors
  • Membrane
  • Others

To Get Summarized Market Report By Application-

In 2021, the industrial sector grabbed the biggest piece of the pie, holding 27.26% of the market with a value of USD 21.41 Million. We're expecting it to keep growing at a healthy clip of 6.30% each year going forward. You know those polybenzimidazoles (PBI)? They're used in spinning wheels that create reflectors for LED lighting. And with LED lighting becoming more and more popular in homes and businesses, these reflectors need to be perfectly circular. That's why polymer spinning is becoming the preferred manufacturing method – it gives you better hardness and wear resistance, plus it helps keep the machines in shape for longer production runs and less downtime. Learn more about PBI. On top of that, PBI is also popping up in injection molding hot runner insulators because it can handle the heat and pressure while staying in shape better than other materials, thanks to its superior thermal properties.

Polybenzimidazoles (PBI) Market By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the world

To Get Summarized Market Report By Geography-

In the global market split, Asia Pacific is dominating region-wise while automated is leading according to type. Polybenzimidazoles (PBI)-based protective clothing. These developing nations are highly focused on strengthening their aerospace and defense sector to boost trade and security. Along with this, rising government efforts towards modernizing the infrastructure are largely paving the way for highly durable thermoplastics with high heat resistance capacity, such as PBI.

Furthermore, electronic industry growth in APAC has been apparent over the recent years owing to rapid industrialization and digitization. The presence of prominent consumer electronics market players such as Mitsubishi, Toshiba, Panasonic, Sony, Nikon, and Hitachi from Japan, Samsung Electronics and LG electronics from South Korea, Huawei and Xiaomi from China, HTC, Acer, Asus, and Foxconn from Taiwan are capturing maximum global consumers.

Key Players

The “Global Polybenzimidazoles (PBI) Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Pbi Performance Products, Inc., Mitsubishi Chemical Advanced Materials, Goodfellow, Bally Ribbon Mills, Polymics Ltd, Victrex Plc

The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

• Mitsubishi Chemical Advanced Materials AG (MCAM), a leading global manufacturer of high-performance materials acquired acquisition of c-m-p GmbH (c-m-p) through its German subsidiary Mitsubishi Chemical Advanced Materials GmbH

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

UNIT

Value (USD Million)

KEY COMPANIES PROFILED

Pbi Performance Products, Inc., Mitsubishi Chemical Advanced Materials, Goodfellow, Bally Ribbon Mills, Polymics Ltd, Victrex Plc

SEGMENTS COVERED

By Type, By Application and By Geography.

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