The modern-day document posted via Report Ocean, titled “PMI Foam Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023 to 2031,” affords a complete evaluation of the industry, which includes insights on the market trends. The file additionally consists of competitor and regional analysis, and present-day developments in the market. This document can serve as a fantastic information for investors, researchers, consultants, advertising strategists and all these who are planning to foray into the market in any form.
Free radical copolymerization of methacrylamide (MAM) and butyl methacrylate (BMA) copolymer leads to the formation of polymethacrylimide (PMI) foam. 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.
COVID-19 Impact
In 2019, the COVID-19 epidemic swept the globe. It brought everything to a halt. It had an impact on the entire world economy. Moreover, a great number of people have also perished. In total, 5,091,465 fatalities and 252,297,094 cases of COVID-19 have been reported worldwide. A majority of the nations on earth were affected by the pandemic. The pandemic brought some kind of loss in the majority of industries. The epidemic caused a slowdown in the chemical industry as well. According to Statista, the business generated over US$ 3.94 trillion in worldwide sales in 2019. An all-time high of US$5.4 trillion in revenue was produced by the sector in 2014.
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The level of rivalry among well-known international corporations has been determined by studying a number of key industries, as well as market competition, market share, current developments in the sector, novel product launches, alliances, mergers, and acquisitions by key corporations.
KEY BENEFITS FOR STAKEHOLDERS
The report provides an in-depth analysis of the current trends, drivers, and dynamics of the PMI foam market to elucidate the prevailing opportunities.
It offers qualitative trends and quantitative analyses from 2016 to 2023 to assist stakeholders to understand the market scenario.
In-depth analysis of the PMI foam in locating the markets across various application
Competitive intelligence of the industry highlights the business practices followed by key players across geographies as well as the prevailing market opportunities.
The key players are profiled along with their strategies & developments to understand the competitive outlook of the industry.
The major players profiled in this study are as follows:
Evonik industries AG
DIAB Group (Ratos)
SABIC
BASF SE
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.
KEY PLAYERS
Composite Systems LLC
GMS Composites
Tubus Bauer GmbH
Havel Composites CZ sro
Barracuda Advanced Composites
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KEY MARKET SEGMENTS
By Application
Aerospace & Defense
Wind
Sporting Goods
Transportation
By Geography
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
LAMEA
Brazil
Turkey
Africa
Rest of LAMEA
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
In this report, the key questions answered:
- How has the adoption of Market impacted COVID-19?
- What are the key market tips in key areas?
- Which utilized sciences are most impacting the anticipated global enterprise?
- Who are the major global game enthusiasts in modern times dominating the Market?
- How do AI clients turn out to be conscious of technological knowledge in strolling theatres?
- What are the vital corporation fashions determined via way of the foremost market players?
- What are the key factors that will have an effect on the expand of Market globally?
- How foremost game enthusiasts in the Global corporation environment are incorporating key
- What is the present day income contribution of distinct product kinds in the market and what are the predicted changes?
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