PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1279047
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1279047
Global PMI (Polymethacrylimide) Foam Market Size study & forecast, by Application (Aerospace and Defense, Wind Energy, Transportation, Sporting Goods) and Regional Analysis, 2022-2029
Global PMI Foam Market is valued approximately at USD XXX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2029. PMI foam stands for Polymethacrylimide foam, which is a type of closed-cell foam that is known for its high strength-to-weight ratio and excellent thermal insulation properties. PMI foam is made by polymerizing methacrylimide monomers, which results in a rigid, thermosetting foam with a fine, uniform cell structure. PMI foam is used in a wide range of applications, including aerospace, marine, and automotive industries, where its lightweight and high strength make it ideal for structural applications. One of the key advantages of PMI foam is its high temperature resistance, which makes it ideal for use in high-temperature environments, such as jet engines and spacecraft. Additionally, PMI foam is resistant to moisture, chemicals, and UV radiation, which makes it ideal for outdoor and marine applications. The key factor driving the market growth is rising demand in automotive & transportation sector and growing use of composite in aerospace & defense sector is anticipated to support the market growth during forecast period.
Moreover, the growth of the aerospace and defense sector is directly linked to the demand for PMI foam as the material offers several benefits, including high thermal stability, excellent mechanical properties, and low dielectric constant. With the increasing demand for advanced materials in the aerospace and defense industry, the PMI foam market is expected to witness significant growth during projected period. According to Statista, in 2018, the size of global military aircraft and aerospace manufacturing market was USD 242.28 billion and the market was growing significantly and reached USD 255.76 billion in 2021. Additionally, favorable government policies with wind energy are anticipated to create the lucrative opportunities for the market during the forecast period. However, the Epoxy compatibility issues stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global PMI Foam Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominates the market holding the market share, owing to the presence of key market players, growing wind energy generation capacity and rising demand in aerospace and defense sector in the region. Whereas, Asia Pacific is anticipated to exhibit fastest growing region over the forecast period, owing to factors such as rising demand of PMI foam in sports goods and in automotive & transportation sector.
Major market players included in this report are:
- ERG Aerospace Corporation (U.S.)
- CYMAT Technologies Ltd. (Canada)
- Alantum (South Korea)
- Mott Corporation (U.S.)
- Liaoning Rontec Advanced Material Technology Co., Ltd. (China)
Recent Developments in the Market:
Global PMI Foam Market Report Scope:
By Application:
By Region:
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. PMI Foam Market, by region, 2019-2029 (USD Billion)
- 1.2.2. PMI Foam Market, by Application, 2019-2029 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global PMI Foam Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
Chapter 3. Global PMI Foam Market Dynamics
Chapter 4. Global PMI Foam Market: Industry Analysis
Chapter 5. Risk Assessment: COVID-19 Impact
Chapter 6. Global PMI Foam Market, by Application
Chapter 7. Global PMI Foam Market, Regional Analysis
Chapter 8. Competitive Intelligence
Chapter 9. Research Process
LIST OF TABLES
- TABLE 1. Global PMI Foam Market, report scope
- TABLE 2. Global PMI Foam Market estimates & forecasts by region 2019-2029 (USD Billion)
- TABLE 3. Global PMI Foam Market estimates & forecasts by Application 2019-2029 (USD Billion)
- TABLE 4. Global PMI Foam Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 5. Global PMI Foam Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 6. Global PMI Foam Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 7. Global PMI Foam Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 8. Global PMI Foam Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 9. Global PMI Foam Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 10. Global PMI Foam Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 11. Global PMI Foam Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 12. Global PMI Foam Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 13. Global PMI Foam Market by region, estimates & forecasts, 2019-2029 (USD Billion)
LIST OF FIGURES
