Global Polyimide Foam Market will reach 650 million US$ in 2023

New report published by Global Info Research which offers insights on the global Polyimide Foam market.

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.

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Global Polyimide Foam Market: Forecast by Type / Application / Region

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 worldwide market for Polyimide Foam is expected to grow at a CAGR of roughly 3.1% over the next five years, will reach 650 million US$ in 2023, from 540 million US$ in 2017, according to a new GIR (Global Info Research) study.

This report focuses on the Polyimide Foam in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

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Related Information:
United States Polyimide Foam Market 2018 Forecast to 2023
Europe Polyimide Foam Market 2018 Forecast to 2023
North America Polyimide Foam Market 2018 Forecast to 2023
Asia-Pacific Polyimide Foam Market 2018 Forecast to 2023
China Polyimide Foam Market 2018 Forecast to 2023
EMEA Polyimide Foam Market 2018 Forecast to 2023
Global Polyimide Foam Market 2018 Forecast to 2023

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