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New report shares details about the pmi foam market

A brief overview of PMI Foam Market is provided in the report based on product scope and market status & outlook. The market is segmented on the basis of type, end-users/application, and geography

Free radical copolymerization of methacrylamide (MAM) and butyl methacrylate (BMA) copolymer leads to the formation of polymethacrylimide polymethacrylimide (PMI) foam. Make an Inquiry about this news The demand for PMI foam in the aerospace & defense industry is continuously increasing, owing to properties such as high strength-to-weight ratio, thermal performance, high strength, fire retardance, dimensional stability, and creep resistance, which increase the product life cycle and efficiency.

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High requirement of PMI foam in the aerospace & defense sector drives the global market. Moreover, the superior properties, such as heat resistance and low thermal conductivity, offered by PMI boost its application in sporting goods, wind, and transportation sectors.

However, the market growth is restricted due to its high price.

Nevertheless, use of high performance foam core (HPFC) in new applications provides a major opportunity for the manufacturers.

The report segments the global PMI foam market based on application and geography. Based on application, the market is classified into aerospace & defense, wind, sporting goods, and transportation.

Geographically, it is divided into North America, Europe, Asia-Pacific, and LAMEA. Increase in establishment of aerospace, wind energy, sporting goods, medical, and transportation industries in Europe has made it dominant in the market, accounting for the maximum share.

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The major players profiled in this study are as follows:

  • Evonik industries AG
  • DIAB Group (Ratos)
  • 3A Composites
  • Solvay S.A.
  • Zotefoams PLC
  • Baoding Meiwo Science & Technology Development Co., Ltd.
  • Cashem Advanced Materials Hi-Tech Co., Ltd.
  • Jiaxing Sky Composites Co., Ltd.

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