North America PMI Foam Market Size, Share & Trends Analysis Report By Application (Aerospace & Defense, Automotive & Transportation, Wind Energy, Sports Goods, and Others), By Country and Growth Forecast, 2023

Description

List of Tables

The North America PMI Foam Market would witness market growth of 5.0% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 977.73 thousand square meter, showcasing a growth of 2.3% (2019-2022).

Nanotechnology is playing a significant role in enhancing the properties of PMI foam. Incorporating nano-sized particles into the foam matrix enhances mechanical properties, thermal conductivity, and flame resistance, opening avenues for innovation in diverse applications. The addition of nano-sized particles enhances the thermal conductivity of PMI foam. This improvement is particularly advantageous in applications requiring efficient heat transfer or insulation. In industries such as aerospace and electronics, where thermal management is crucial, nanotechnology-enhanced PMI foam offers a lightweight yet effective solution for maintaining optimal temperatures.

Furthermore, integrating digital technologies and smart manufacturing practices is making its mark in the market. From real-time monitoring of production processes to predictive maintenance, digitalization enhances overall efficiency, reduces waste, and ensures quality control. Digital technologies enable real-time monitoring of every PMI foam production process stage. Sensors and IoT devices are strategically placed to capture data on temperature, pressure, chemical reactions, and other critical parameters. This real-time monitoring allows instantaneous adjustments, ensuring the production remains within specified parameters and reducing the likelihood of defects or inconsistencies.

In addition, innovation is at the heart of the market, driving advancements that unlock new possibilities and applications. Several notable innovations are reshaping the landscape of PMI foam materials. The development of bio-based PMI foam addresses the growing demand for sustainable solutions. Researchers and manufacturers are exploring renewable feedstocks and bio-derived polymers to create PMI foam with reduced environmental impact, offering a compelling alternative to traditional petroleum-based foams.

Canada boasts a strong aerospace manufacturing sector, focusing on producing components for civil and military aircraft. The country is home to key aerospace companies and manufacturers that actively seek innovative materials like PMI foam to enhance the performance and efficiency of their products. As per the data from the Government of Canada, with a total budget of $250 million over three years (until March 31, 2024), the Aerospace Regional Recovery Initiative (ARRI) was delivered by Canada's regional development agencies (RDAs). Thus, the growing wind energy and aerospace sectors in North America will boost the demand for PMI foam in the region.

The US market dominated the North America PMI Foam Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $19,333 Thousands by 2030. The Canada market is registering a CAGR of 5.6% during (2023 - 2030). Additionally, The Mexico market would showcase a CAGR of 5.8% during (2023 - 2030).

Based on Application, the market is segmented into Aerospace & Defense, Automotive & Transportation, Wind Energy, Sports Goods, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

BASF SE
SABIC (Saudi Arabian Oil Company)
Evonik Industries AG (RAG-Stiftung)
Solvay SA
Zotefoams plc
DuPont de Nemours, Inc.
Diab Group
The Dow Chemical Company
Huntsman Corporation
Covestro AG

North America PMI Foam Market Report Segmentation

By Application (Volume, Thousand Square Meter, USD Million, 2019-2030)

Aerospace & Defense
Automotive & Transportation
Wind Energy
Sports Goods
Others

By Country (Volume, Thousand Square Meter, USD Million, 2019-2030)

US
Canada
Mexico
Rest of North America

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1North America PMI Foam Market, by Application
- 1.4.2North America PMI Foam Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Opportunities
- 3.2.3Market Restraints
- 3.2.4Market Challenges
3.3Porter Five Forces Analysis

Chapter 4.North America PMI Foam Market, By Application

4.1North America Aerospace & Defense Market, By Country
4.2North America Automotive & Transportation Market, By Country
4.3North America Wind Energy Market, By Country
4.4North America Sports Goods Market, By Country
4.5North America Others Market, By Country

Chapter 5.North America PMI Foam Market, By Country

5.1US PMI Foam Market
- 5.1.1US PMI Foam Market, By Application
5.2Canada PMI Foam Market
- 5.2.1Canada PMI Foam Market, By Application
5.3Mexico PMI Foam Market
- 5.3.1Mexico PMI Foam Market, By Application
5.4Rest of North America PMI Foam Market
- 5.4.1Rest of North America PMI Foam Market, By Application

Chapter 6.Company Profiles

6.1BASF SE
- 6.1.1Company Overview
- 6.1.2Financial Analysis
- 6.1.3Segmental and Regional Analysis
- 6.1.4Research & Development Expense
- 6.1.5SWOT Analysis
6.2SABIC (Saudi Arabian Oil Company)
- 6.2.1Company Overview
- 6.2.2Financial Analysis
- 6.2.3Segmental and Regional Analysis
- 6.2.4SWOT Analysis
6.3Evonik Industries AG (RAG-Stiftung)
- 6.3.1Company Overview
- 6.3.2Financial Analysis
- 6.3.3Segmental and Regional Analysis
- 6.3.4Research & Development Expenses
- 6.3.5SWOT Analysis
6.4Solvay SA
- 6.4.1Company Overview
- 6.4.2Financial Analysis
- 6.4.3Segmental and Regional Analysis
- 6.4.4Research & Development Expenses
- 6.4.5SWOT Analysis
6.5Zotefoams plc
- 6.5.1Company Overview
- 6.5.2Financial Analysis
- 6.5.3Segmental and Regional Analysis
- 6.5.4Research & Development Expenses
- 6.5.5SWOT Analysis
6.6DuPont de Nemours, Inc.
- 6.6.1Company Overview
- 6.6.2Financial Analysis
- 6.6.3Segmental and Regional Analysis
- 6.6.4Research & Development Expense
- 6.6.5SWOT Analysis
6.7Diab Group
- 6.7.1Company Overview
- 6.7.2SWOT Analysis
6.8The Dow Chemical Company
- 6.8.1Company Overview
- 6.8.2Financial Analysis
- 6.8.3Segmental and Regional Analysis
- 6.8.4Research & Development Expenses
- 6.8.5SWOT Analysis
6.9Huntsman Corporation
- 6.9.1Company Overview
- 6.9.2Financial Analysis
- 6.9.3Segment and Regional Analysis
- 6.9.4Research & Development Expense
- 6.9.5SWOT Analysis
6.10.Covestro AG
- 6.10.1Company Overview
- 6.10.2Financial Analysis
- 6.10.3Segmental and Regional Analysis
- 6.10.4Research & Development Expenses
- 6.10.5SWOT Analysis

LIST OF TABLES

TABLE 1North America PMI Foam Market, 2019 - 2022, USD Thousands
TABLE 2North America PMI Foam Market, 2023 - 2030, USD Thousands
TABLE 3North America PMI Foam Market, 2019 - 2022, Thousand Square Meter
TABLE 4North America PMI Foam Market, 2023 - 2030, Thousand Square Meter
TABLE 5North America PMI Foam Market, By Application, 2019 - 2022, USD Thousands
TABLE 6North America PMI Foam Market, By Application, 2023 - 2030, USD Thousands
TABLE 7North America PMI Foam Market, By Application, 2019 - 2022, Thousand Square Meter
TABLE 8North America PMI Foam Market, By Application, 2023 - 2030, Thousand Square Meter
TABLE 9North America Aerospace & Defense Market, By Country, 2019 - 2022, USD Thousands
TABLE 10North America Aerospace & Defense Market, By Country, 2023 - 2030, USD Thousands
TABLE 11North America Aerospace & Defense Market, By Country, 2019 - 2022, Thousand Square Meter
TABLE 12North America Aerospace & Defense Market, By Country, 2023 - 2030, Thousand Square Meter
TABLE 13North America Automotive & Transportation Market, By Country, 2019 - 2022, USD Thousands
TABLE 14North America Automotive & Transportation Market, By Country, 2023 - 2030, USD Thousands
TABLE 15North America Automotive & Transportation Market, By Country, 2019 - 2022, Thousand Square Meter
TABLE 16North America Automotive & Transportation Market, By Country, 2023 - 2030, Thousand Square Meter
TABLE 17North America Wind Energy Market, By Country, 2019 - 2022, USD Thousands
TABLE 18North America Wind Energy Market, By Country, 2023 - 2030, USD Thousands
TABLE 19North America Wind Energy Market, By Country, 2019 - 2022, Thousand Square Meter
TABLE 20North America Wind Energy Market, By Country, 2023 - 2030, Thousand Square Meter
TABLE 21North America Sports Goods Market, By Country, 2019 - 2022, USD Thousands
TABLE 22North America Sports Goods Market, By Country, 2023 - 2030, USD Thousands
TABLE 23North America Sports Goods Market, By Country, 2019 - 2022, Thousand Square Meter
TABLE 24North America Sports Goods Market, By Country, 2023 - 2030, Thousand Square Meter
TABLE 25North America Others Market, By Country, 2019 - 2022, USD Thousands
TABLE 26North America Others Market, By Country, 2023 - 2030, USD Thousands
TABLE 27North America Others Market, By Country, 2019 - 2022, Thousand Square Meter
TABLE 28North America Others Market, By Country, 2023 - 2030, Thousand Square Meter
TABLE 29North America PMI Foam Market, By Country, 2019 - 2022, USD Thousands
TABLE 30North America PMI Foam Market, By Country, 2023 - 2030, USD Thousands
TABLE 31North America PMI Foam Market, By Country, 2019 - 2022, Thousand Square Meter
TABLE 32North America PMI Foam Market, By Country, 2023 - 2030, Thousand Square Meter
TABLE 33US PMI Foam Market, 2019 - 2022, USD Thousands
TABLE 34US PMI Foam Market, 2023 - 2030, USD Thousands
TABLE 35US PMI Foam Market, 2019 - 2022, Thousand Square Meter
TABLE 36US PMI Foam Market, 2023 - 2030, Thousand Square Meter
TABLE 37US PMI Foam Market, By Application, 2019 - 2022, USD Thousands
TABLE 38US PMI Foam Market, By Application, 2023 - 2030, USD Thousands
TABLE 39US PMI Foam Market, By Application, 2019 - 2022, Thousand Square Meter
TABLE 40US PMI Foam Market, By Application, 2023 - 2030, Thousand Square Meter
TABLE 41Canada PMI Foam Market, 2019 - 2022, USD Thousands
TABLE 42Canada PMI Foam Market, 2023 - 2030, USD Thousands
TABLE 43Canada PMI Foam Market, 2019 - 2022, Thousand Square Meter
TABLE 44Canada PMI Foam Market, 2023 - 2030, Thousand Square Meter
TABLE 45Canada PMI Foam Market, By Application, 2019 - 2022, USD Thousands
TABLE 46Canada PMI Foam Market, By Application, 2023 - 2030, USD Thousands
TABLE 47Canada PMI Foam Market, By Application, 2019 - 2022, Thousand Square Meter
TABLE 48Canada PMI Foam Market, By Application, 2023 - 2030, Thousand Square Meter
TABLE 49Mexico PMI Foam Market, 2019 - 2022, USD Thousands
TABLE 50Mexico PMI Foam Market, 2023 - 2030, USD Thousands
TABLE 51Mexico PMI Foam Market, 2019 - 2022, Thousand Square Meter
TABLE 52Mexico PMI Foam Market, 2023 - 2030, Thousand Square Meter
TABLE 53Mexico PMI Foam Market, By Application, 2019 - 2022, USD Thousands
TABLE 54Mexico PMI Foam Market, By Application, 2023 - 2030, USD Thousands
TABLE 55Mexico PMI Foam Market, By Application, 2019 - 2022, Thousand Square Meter
TABLE 56Mexico PMI Foam Market, By Application, 2023 - 2030, Thousand Square Meter
TABLE 57Rest of North America PMI Foam Market, 2019 - 2022, USD Thousands
TABLE 58Rest of North America PMI Foam Market, 2023 - 2030, USD Thousands
TABLE 59Rest of North America PMI Foam Market, 2019 - 2022, Thousand Square Meter
TABLE 60Rest of North America PMI Foam Market, 2023 - 2030, Thousand Square Meter
TABLE 61Rest of North America PMI Foam Market, By Application, 2019 - 2022, USD Thousands
TABLE 62Rest of North America PMI Foam Market, By Application, 2023 - 2030, USD Thousands
TABLE 63Rest of North America PMI Foam Market, By Application, 2019 - 2022, Thousand Square Meter
TABLE 64Rest of North America PMI Foam Market, By Application, 2023 - 2030, Thousand Square Meter
TABLE 65Key Information - BASF SE
TABLE 66Key Information - SABIC
TABLE 67Key Information - Evonik Industries AG
TABLE 68Key Information - Solvay SA
TABLE 69Key Information - Zotefoams plc
TABLE 70Key Information -DuPont de Nemours, Inc.
TABLE 71Key Information - Diab Group
TABLE 72Key Information - The Dow Chemical Company
TABLE 73key Information - Huntsman Corporation
TABLE 74key information - Covestro AG

North America PMI Foam Market Size, Share & Trends Analysis Report By Application (Aerospace & Defense, Automotive & Transportation, Wind Energy, Sports Goods, and Others), By Country and Growth Forecast, 2023 - 2030