Global Polymethacrylimide (PMI) Foam Market Trends, Applications, Analysis, Growth, and Forecast to 2028

“Global PMI Foam Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global PMI foam market report has been segmented on the basis of application and region.

PMI Foam Market: Introduction

Free radical copolymerization of butyl methacrylate and methacrylamide copolymer leads to formation of PMI foam. PMI foam in majorly used in the aerospace and defense industry due to various properties including high strength-to-weight ratio, high strength, thermal performance, fire retardancy, creep resistance, and dimensional stability, which increase product life cycle and its efficiency.

PMI foam are used for manufacturing blades used for the large wind turbines are made from different low weight composites. These blades are manufacture by combining glass-reinforced epoxy/polyester and core materials. PMI foam is effectively used in onshore and offshore turbine blades. Closed cell and low density properties of PMI foam reduces the scales down resin absorption and resin uptake in comparison with balsa and various other foam cores.

PMI foam offer various properties including creep resistance and good thermoforming capacity, which makes it suitable for utilize in manufacturing various sporting goods including skis, snowboards, hockey sticks, racing bicycle wheels, and surfboards. Adoption of PMI foam in manufacturing sports products make them durable and lightweight with better mechanical properties. PMI foam has high weight-reduction potential thus utilized in rail and automotive applications.

PMI Foam Market: Dynamics

Increasing adoption for PMI foam across end-use industry including aerospace & defense is a factor expected to drive the global PMI foam market growth. Growing demand of PMI foam from wind energy and sporting goods industries is among additional factor projected to drive the global PMI foam market growth.

Increasing adoption of these composites to gain improved performance that includes low weight requirement and high mechanical properties. Rising demand for high performance foam core owing to various benefits offered by high performance foam core such as reduced emissions, weight, and low maintenance costs. These are additional factors projected to drive the global market growth.

However, high cost of PMI foam and high performance foam core are factors expected to restraint the global PMI foam market growth.

PMI Foam Market: Segment Analysis

Among the application segments, the aerospace & defense segment is projected to register highest revenue share in the global PMI foam market. This is attributed to increasing applications of PMI foam core in components of missiles, helicopters, and space vehicles. In addition, PEI, PES, and other HPFC materials are gradually being used in various interior of aerospace and defense applications. The revenue of the aerospace & defense segment is projected to register highest CAGR, owing to increasing use of these foam in aircraft such as Airbus A380, Airbus A340, Comac’s C919 and ARJ21, and Gulfstream Aerospace G150.

PMI Foam Market: Region Analysis

The Europe market is projected to account for moderate revenue share in the global PMI foam market. Moreover, the Europe market is anticipated to register fastest revenue growth, due to high growth in the aerospace, sporting goods, wind energy, transportation, and medical industries.

Global PMI foam market segmentation:

Segmentation by Application:

• Aerospace & Defense
• Wind Energy
• Sporting Goods
• Transportation
• Other Applications

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

• Evonik Industries AG
• DIAB International AB
• SABIC
• BASF SE
• 3A Composites GmbH
• Solvay SA
• Zotefoams plc
• Cashem Advanced Materials Hi-tech Co., ltd.
• Jiaxing Sky Composites Co., Ltd.