Bismaleimide (BMI) Resins Market – Industry Trends, Growth Rate, Market Opportunities, Trajectory & Analytics Report, Industry challenges
Data Bridge Market Research analyses that the bismaleimide (BMI) resins market was valued at USD 99.75 million in 2021 and is expected to reach USD 147.38 million by 2029, registering a CAGR of 5.0 % during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Market Definition
A BMI resin is also known as Bismaleimide resins (BMI). It is a yellow to brownish fine crystalline powder, which is a new class of thermosetting polymers that are used mainly by industry because they combine several unique features, including excellent physical property, preservation at elevated temperatures and in wet environments, almost constant electrical properties over a wide range of temperatures and no flammability properties. Bismaleimide resin has become a leading type of thermosetting polyimides.
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Global Bismaleimide (BMI) Resins Market Scope
The
bismaleimide (BMI) resins market
is segmented on the basis of types, application and end-user. The growth
amongst these segments will help you analyze meagre growth segments in the
industries and provide the users with a valuable market overview and market
insights to help them make strategic decisions for identifying core market
applications.
Type
·
Bismaleimide Resin Powder
·
Bismaleimide Resin Solution
Application
·
Composites
·
Adhesive
·
Moldings
·
Others
End-User
·
Aerospace
·
Automotive
·
Military
·
Electronics
·
Others
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Full Report@ https://www.databridgemarketresearch.com/reports/global-bismaleimide-bmi-resins-market
Competitive Landscape
and Bismaleimide (BMI) Resins Market Share Analysis
The bismaleimide (BMI) resins market competitive landscape provides details by
competitor. Details included are company overview, company financials, revenue
generated, market potential, investment in research and development, new market
initiatives, global presence, production sites and facilities, production
capacities, company strengths and weaknesses, product launch, product width and
breadth, application dominance. The above data points provided are only related
to the companies focus related to bismaleimide (BMI) resins market.
Some of the major players operating in the bismaleimide (BMI)
resins market are:
·
Evonik Industries AG (Germany)
·
Hexcel Corporation (U.S)
·
HOS-Technik Vertriebs- und Produktions-GmbH (Austria)
·
Huntsman International LLC (U.S)
·
Solvay (Belgium)
·
Mitsubishi Chemical Carbon Fiber and Composites, Inc. (U.S)
·
Renegade Materials corporation (U.S)
·
ABR Organics Limited (India)
·
Xianyang Qin Yang Chemical Co., Ltd. (China)
·
Toray Advanced Composites (U.S)
·
3M (U.S)
·
Northern Composites (U.S)
·
Teijin Armid B.V. (Japan)
·
CAPLINQ Corporation (Canada)
·
Others
Bismaleimide (BMI) Resins
Market Regional Analysis/Insights
The bismaleimide (BMI) resins market is analysed and market size
insights and trends are provided by country, types, application and end-user as
referenced above.
The countries covered in the bismaleimide (BMI) resins market report are
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany,
France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland,
Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand,
Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific,
United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle
East and Africa.
Asia-Pacific dominates the bismaleimide (BMI) resins market share and
revenue and will continue to flourish its dominance during the forecast period.
This is due to expanding aerospace and
defense industry in the Asia-Pacific region which increases the demand of BMI
resins in this region. The Asia-Pacific region's BMI resins market is growing
as Asian countries like China, India, and South Korea become more
industrialized.
North America is likely to be the fastest-growing market
throughout the forecast period, resulting in increased demand for BMI resins in
this region due to the use of liquid-based bismaleimide (BMI) resins in adhesives
applications,
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