Business Network New York
Companies:51,220
Products and Services:2,875
Articles and publications:31,148 (+4)
Tenders & Vacancies:17

BMI resins market to reach valuation of US$ 189.8 mn by 2031
Information may not be reliable

9/1/2021
The global BMI resins market is broadly affected by several factors including increase in usage of BMI resins in various end-use industries including aerospace, electronics, and defense.

BMI Resins Market: Introduction

Transparency Market Research delivers key insights on the global BMI resins market. In terms of revenue, the global BMI resins market is estimated to expand at a CAGR of 2.3% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global BMI resins market.

The global BMI resins market is broadly affected by several factors including increase in usage of BMI resins in various end-use industries including aerospace, electronics, and defense. Rise in global demand for composites and molding has led to significant growth in usage of BMI resins. Increase in production and demand for electronics is expected to be the primary driver for the expansion of the global BMI resins market. BMI resins are used as matrix for advanced composites. Rise in demand for BMI resins in composites and various other applications is propelling the demand for BMI resins in the aerospace & defense industry.

Request a Sample-

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=82709

BMI Resins Market: Dynamics

BMI resins are thermosetting addition-type polyimides with outstanding performance. They have qualities similar to polyimides, such as strong strength and rigidity at high temperatures, long-term thermal and oxidative stability, outstanding electrical properties, and a low moisture absorption proclivity. They have excellent dimensional stability and one of the best high temperature properties, similar to polyamides. They are also resistant to various chemicals, including hydrocarbons, alcohols, and halogenated solvents. They can replace metal and other materials in numerous structural applications due to their high strength and outstanding long-term creep resistance.

BMI resins are utilized in aerospace, astronautics, and defense industries in the form of composite sheets and adhesives. BMI resins are employed in structural adhesives for assembly and structural composite applications. These resins impact resistance and multi-substrate joining in airplanes and fighter planes applications.

The global aerospace & astronautics sector is expected to expand considerably during the forecast period due to significant increase in defense and space activities by governments across the globe. Thus, rise in production in aerospace, astronautics, and defense industries is projected to boost the demand for BMI resins during the forecast period.

Manufacturers are focusing on the aerospace industry, as the share held by this segment in the BMI resins market is likely to increase during the forecast period.

Request for covid19 impact analysis –

https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=82709

BMI Resins Market: Prominent Regions

North America holds the major share of the global BMI resins market. The market in the region is anticipated to expand at a CAGR of more than 1.3% during the forecast period. Increase in demand for advanced composites in the aerospace industry is driving the BMI resins market in North America. The U.S. is a key country of the BMI resins market in North America. It held significant share of the BMI resins market in North America in 2020. The country is estimated to maintain its dominant position in the region during the forecast period.

Europe is also a key region of the global BMI resins market. The U.K. led the BMI resins market in Europe in 2020. Increase in demand for BMI resins in the aerospace and electronics sectors is driving the market in the U.K.

Pre-book now-

https://www.transparencymarketresearch.com/checkout.php?rep_id=82709&ltype=S

BMI Resins Market: Prominent Players

The global BMI resins market is consolidated, with the presence of key players. Prominent players operating in the global BMI resins market include Evonik Industries AG, Hexcel Corporation, HOS-Technik GmbH, Huntsman International LLC, Solvay, Mitsubishi Chemical Corporation, Honghu Shuangma Advanced Materials Tech Co., Ltd, Renegade Materials, ABR Organics Limited, and Qin yang Tianyi Chemical Co., LTD.

Global BMI Resins Market: Segmentation

BMI Resins Market, by Type

  • Powder
  • Solution

BMI Resins Market, by Application

  • Composites
  • Adhesives
  • Molding
  • Others (including Bonding)

BMI Resins Market, by End Use

  • Aerospace
  • Defense
  • Electronics
  • Others (including Automotive)

BMI Resins Market, by Region

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • France
    • UK.
    • Norway
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Oceania
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • North Africa
    • South Africa
    • Rest of Middle East & Africa

Companies in the BMI Resins market have increasingly shifted gears with wide application of digital technology across the continuum, from raw material sourcing to manufacturing to generation of final output, to warehousing to final distribution operations. Among the various affects, the market is witnessing new growth economics due to thinning of line between specialty and commodity businesses that are associated with the larger ecosystem. At the same time, new growth parameters are being vigorously being debated as industry stakeholders put greater emphasis on the circular economy processes.

More Trending Report-

https://www.prnewswire.com/news-releases/strides-in-ion-implanter-market-broaden-canvas-for-producers-of-advanced-materials-using-nanoscience-technology-attract-attention-among-power-electronics-manufacturers-tmr-301316296.html

view all (1037)

Other articles and publications:

Transparency Market Research delivers key insights on the global hydrocarbon resins market.
5/18/2021
The global bismaleimide monomer market was valued at US$ 59.3 Mn in 2020 and is expected to reach US$ 80.7 Mn by 2031, expanding at a CAGR of 2.7% during the forecast period of 2021 to 2031
9/7/2021
Smart polymers market to reach valuation of us$ 27 bn by 2030 - TRANSPARENCY MARKET RESEARCH
4/23/2021
In terms of value, the global biostimulants market is anticipated to expand at a CAGR of ~12% from 2019 to 2027.
6/9/2021
A recent research report published by Transparency Market Research projects the global glass fibers market to expand at a CAGR of 7.8% during the period between 2019 and 2027.
4/16/2021
In terms of value, the global perfluorocarbons market is anticipated to expand at a CAGR of ~4% during the forecast period and reach US$ 1.4 Bn by 2031
5/18/2021

Articles and publications of other companies:

To help the marketers open the mobile publishing market and reach the mobile readers, now PubHTML5 developed a new features for user that they can now publish the interactive magazine as Android App.
4/2/2017
The growth in the HVAC market is gathering pace rapidly and shows no signs of slowing down anytime soon.
11/2/2017
Global IoT Solutions Market for Energy Industry stood at US$9,300.9 mn in 2016 and is likely to rise to a valuation of US$94,011.8 mn by 2025.
3/30/2020
IMPORTANCE OF INVESTING IN VIRAL MARKETING IMPORTANCE OF INVESTING IN VIRAL MARKETING
Information may not be reliable
Do you think that investing in viral marketing can profit you? If you are still skeptical about the benefits of viral marketing, know its importance here.
4/13/2017
Marketers can now create digital flipbooks easily with the help of FlipHTML5’s software and reach out to the potential customers on a global platform.
4/19/2017
People who want to crack the internet marketing code can now take advantage of this online marketing achievement shortcut available on the website http://e-business-e-marketing. com/
8/21/2017
Business details
  • +1 (518618) 103-0
  • Office No. 501-A, 5th Floor, VANTAGE 9 S. No. 36/1/1, Baner, Pune, Maharashtra 411045
Market Research Company
×