• Blog
  • PMI Foam Market Report

    PMI Foam Market Report

    PMI Foam Market Report
    Report code - SRAM548 Delivery - 2 Weeks
    Get Free Sample |
    Play Audio
    Listen
    PMI Foam Market Size, Share, Trend, Forecast, & Industry Analysis – 2021-2026
    See more...

    Impact of COVID-19 on PMI Foam Market

    Covid-19 has impacted the market dynamics, competition, and global...

    See more...

    Impact of COVID-19 on PMI Foam Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    PMI Foam Market is likely to witness an impressive CAGR of 10.4% during the forecast period. The major growth drivers underpinning the market for PMI foams are its exceptional features and the increasing usage of composite in the aerospace & defense industry for various applications.

    PMI Foam Market - Snapshot

    Growth

    10.4% for the next five years

    Fastest-growing Application Type

    Aerospace & Defense

    Region with the highest demand

    Asia-Pacific

    Key Players

    3A Composites, BASF SE, Zhengzou Meiwo Science & Technology Development Co., Ltd, Cashem Advanced Materials Hi-Tech Co., Ltd., DIAB Group (Ratos), Evonik Industries AG, Jiaxing Sky Composites Co., Ltd., SABIC, Solvay S.A., and Zotefoams PLC.

    Segments' Analysis

    PMI-Foam-Market-Dominant-Segments

    Wish to Get a Free Sample? Register Here

    PMI Foam Market Share: By Application Type

    Based on the application type, the market is segmented as aerospace & defense, wind energy, sporting goods, transportation, and others. The aerospace & defense application is expected to remain the fastest-growing application in the PMI foam market during the forecast period.  PMI foam offers great features, such as high impact strength, excellent mechanical strength, and creep resistance, which fuels its usage in high-performance applications. It also offers properties such as smoke, superior fire, and toxicity retardancy and can be processed with all the resin systems that are commonly used. PMI foam core is mostly used in applications such as exterior structures of aircraft, space vehicles, and helicopters.

    PMI Foam Market Share: By Region

    In terms of regions, Europe is estimated to be the largest consumer and Asia-Pacific is estimated to witness the highest growth rate in the PMI foam market during the forecast period. The increasing demand for PMI foams in Asia-Pacific is due to the growth of wind energy, sporting goods, and the aerospace & defense industries. North America is also expected to offer substantial growth opportunities during the forecast period.

    PMI-Foam-Market-By-Region

    Know which region offers best growth opportunities. Register Here

     

    Market Scope & Segmentation

    Polymethacrylimide (PMI) foam is a closed-cell rigid foam material which offers attractive features such as excellent performance and superior quality. Also, for the structure of high-performance fibre, it can be used as a core material to make general foam core materials. Sometimes, it may underperform due to its low specific modulus, low specific strength, and low heat resistant properties.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    PMI Foam Market Research Report - Features

    Market Segmentation

    3

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The PMI foam market is segmented into the following categories. 

    PMI Foam Market Size, Share, & Forecast, by Type:

    • PMI Foam (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • PES Foam (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Other HPFC Foams (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    PMI Foam Market Size, Share, & Forecast, by Application Type:

    • Aerospace & Defense
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Application Type Analysis: Exterior and Interior)
    • Wind Energy (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Sporting Goods (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Transportation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    PMI Foam Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    PMI-Foam-Market-Segmentation

    Want to know the most attractive market segments? Register Here

    Key Players

    Some of the major players in the PMI foam market are-

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

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the types by application type.   

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]

    Frequently Asked Questions (FAQs)

    The PMI foam market is expected to witness an impressive growth of 10.4% CAGR in the foreseeable future.

    3A Composites, BASF SE, Zhengzou Meiwo Science & Technology Development Co., Ltd, Cashem Advanced Materials Hi-Tech Co., Ltd., DIAB Group (Ratos), Evonik Industries AG, Jiaxing Sky Composites Co., Ltd., SABIC, Solvay S.A., and Zotefoams PLC are among the key players in the PMI foam market.

    Asia-Pacific is expected to witness the highest growth in the PMI foam market during the next five years.

    The aerospace & defense segment is expected to remain the fastest growing application type in the PMI foam market in the coming years.

    Its exceptional features and the increasing usage of composite in the aerospace & defense industry for various applications is the major factor driving the growth of PMI foam market.

    •