Polyimide Foam Market Report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry, by summing up the previous growth patterns, the growth drivers and the current and future trends.
Los Angeles, CA -- (SBWIRE) -- 04/20/2019 -- Polyimide foam is a foam originally designed for NASA by Inspec Foams Inc. under the brand name Solimide. Its primary purposes are as an insulator (such as for rocket fuels) and acoustic damper. Polyimide foam is defined as a foam that is ideal and effective for sound, heat, and cold insulation. Its properties include light weight and resistance to fire. Moreover, it can be formed into diverse shapes.
Currently, the industry has high technical barriers and policy barriers. The product is mainly used in sensitive military or aerospace applications, and manufacturers in the US and Europe rarely export to China or Russia. In particular, it seems that the Chinese market has great potential. Due to policy restrictions, the driving force of the Chinese market is limited.
In the past few years, many research institutions or companies in China have invested in researching this product. However, the current commercialization process seems to be very slow. In the foreseeable future, Asia Pacific will be the world's largest aircraft consumer market. As China researches and develops its own large aircraft program, China will increasingly need polyimide foam. Once Chinese companies have made breakthroughs, the price of global polyimide foam may drop significantly.
The global Polyimide Foam market was 540 million US$ in 2018 and is expected to 660 million US$ by the end of 2025, growing at a CAGR of 2.6% between 2019 and 2025. This report studies the Polyimide Foam market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Polyimide Foam in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
By the product type, the market is primarily split into
Flexible Polyimide Foam
Rigid Polyimide Foam
By the end users/application, this report covers the following segments
Aircraft and Aerospace
Marine and Submarine
Commercial and Industrial Market
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