A new report published by Transparency Market Research anticipates that the exceptional insulation and fire-resistant properties are projected to increase the demand of polyimide foam market from the military & defense sector. Polyimide foam exhibits a high degree of chemical stability and is resistant to hydrocarbons, non-concentrated acids, and alcohols, which are further boosting the growth of the global polyimide foam market.
Polyimide foams are cured by microwave, which offers faster production and lower cost than other manufacturing methods for polyimide foams. The foams can be manufactured to be either flexible or rigid, depending upon their applications. The report has segmented the polyimide foam market into thermoplastic polyimide foam and thermosetting polyimide foam. On the basis of applications, the polyimide foam market is divided into ducting, structural components, and others. In terms of end-use industry, the polyimide foam market is split into aerospace industry, military industry, air transportation industry, residential & commercial construction, naval & marine industry, and others.
In terms of regional perspective, the polyimide foam market is segmented into Europe, Asia pacific, North America, Latin America and Middle East & Africa. Among these, Asia Pacific accounts for a majority share of the global polyimide foam market due to presence of huge military and aerospace manufacturing facilities in the region. Asia Pacific is then followed by Middle East & Africa regions.
Major players operating in the global polyimide foam market are included in this report to give a better competitive landscape and these are 3M, FlexconIndustrial Polymer Technologies, Inc., Suzuko, Ube Industries Limited, BOYD Corporation, Trelleborg AB, I.S.T Corporation, and Soundown Corporate Limited.
To know more about each segment of the polyimide foam market and the overall market outlook, click here.
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