Bismaleimide Market Growing at 0.8% CAGR Will Hit 260 Million US$ in 2025
Los Angeles, CA -- (SBWire) -- 04/13/2019 --Bismaleimide (BMI) is yellow to brownish fine crystalline powder, which is a new class of thermosetting polymers that have gained huge acceptance in recent years due to their excellent thermal and electrical properties over a wide range of temperature.
Bismaleimide resins are a relatively young class of thermosetting polymers that are gaining acceptance by industry because they combine a number of unique features including excellent physical property retention at elevated temperatures and in wet environments, almost constant electronica properties over a wide range of temperatures and no flammability properties. Bismaleimide resin has become a leading class of thermosetting polyimides, though its share in PI is not as large as PEI, etc.
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The largest consumption area of bismaleimide is composites, which accounted for 55.11% of world bismaleimide consumption in 2015. Adhesive and moldings are also in fast increase, but the share of composites would develop more quickly. The price of bismaleimide resin is low compared with other polyimide, but higher than epoxy resin. In the future, the price of bismaleimide would decrease, making it more competitive in advanced polymer market.
The global Bismaleimide market was 240 million US$ in 2018 and is expected to 260 million US$ by the end of 2025, growing at a CAGR of 0.8% between 2019 and 2025.
This report studies the Bismaleimide 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.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Bismaleimide 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
Evonik
Huntsman
Hexcel
Cytec Solvay
Renegade Materials
HOS-Technik
ABROL
Honghu Shuangma Advanced Materials Tech
By the product type, the market is primarily split into
Acetic anhydride dehydration method
Closed-loop thermal dehydration method
Azeotropic distillation dehydration method
By the end users/application, this report covers the following segments
Electrical insulation materials and high temperature resistance paints
Advanced compound material resin, aviation and space flight materials
Project plastic PMMA strength enhanced modifier agent.
Wear resistant material
Other
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