Asia Pacific PMI Foam Market Size, Share & Trends Analysis Report By Application (Aerospace & Defense, Automotive & Transportation, Wind Energy, Sports Goods, and Others), By Country and Growth Forecast, 2023

Description

List of Tables

The Asia Pacific PMI Foam Market would witness market growth of 6.0% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 781.61 thousand square meter, showcasing a growth of 3.2% (2019-2022).

The automotive industry, perpetually driven by the pursuit of fuel efficiency and emission reduction, has embraced PMI foam for lightweight purposes. With applications ranging from interior components to structural elements, it contributes to achieving stringent emission standards while improving vehicle safety and performance. The automotive industry utilizes PMI foam in various components, including interior panels, headliners, and structural elements. The material's weight reduction benefits contribute to achieving fuel efficiency goals and reducing overall vehicle weight.

Furthermore, it is a structural core material in sandwich structures, providing strength and stiffness while maintaining a lightweight profile. Its application extends to components in aerospace, automotive, and marine structures, where weight reduction is critical for overall efficiency. The marine industry has recognized the benefits of PMI foam in boat construction. Its buoyancy, resistance to water absorption, and durability make it an attractive material for marine structures, contributing to the evolution of lightweight, high-performance vessels.

Additionally, the marine environment is known for its harsh conditions, including exposure to saltwater, UV radiation, and varying temperatures. Its durability makes it well-suited for marine applications, providing resistance to degradation over time. This durability ensures that vessels constructed with PMI foam maintain their structural strength and performance, even in challenging marine environments. Its lightweight nature contributes significantly to the overall weight reduction of marine structures. The evolution of lightweight vessels directly results from incorporating PMI foam into boat construction.

India has witnessed a surge in interest and participation in various sports, including cricket, football, badminton, and emerging disciplines such as mixed martial arts. As sports become more widely recognized in the nation, there is a growing need for sophisticated materials that can improve equipment functionality and ensure athletes' protection. According to Invest India's data, the Indian sports goods industry is estimated to grow to $ 6.6 Bn by 2027. The export value of bicycles and their parts from India amounted to over $ 461 Mn in the fiscal year of 2022. Therefore, the growing sports sector in the Asia Pacific will increase demand for PMI foam in the region.

The China market dominated the Asia Pacific PMI Foam Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $7,370.2 Thousands by 2030. The Japan market is exhibiting a CAGR of 6.2% during (2023 - 2030). Additionally, The India market would experience a CAGR of 5.2% during (2023 - 2030).

Based on Application, the market is segmented into Aerospace & Defense, Automotive & Transportation, Wind Energy, Sports Goods, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

List of Key Companies Profiled

BASF SE
SABIC (Saudi Arabian Oil Company)
Evonik Industries AG (RAG-Stiftung)
Solvay SA
Zotefoams plc
DuPont de Nemours, Inc.
Diab Group
The Dow Chemical Company
Huntsman Corporation
Covestro AG

Asia Pacific PMI Foam Market Report Segmentation

By Application (Volume, Thousand Square Meter, USD Million, 2019-2030)

Aerospace & Defense
Automotive & Transportation
Wind Energy
Sports Goods
Others

By Country (Volume, Thousand Square Meter, USD Million, 2019-2030)

China
Japan
India
South Korea
Singapore
Malaysia
Rest of Asia Pacific

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1Asia Pacific PMI Foam Market, by Application
- 1.4.2Asia Pacific PMI Foam Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Opportunities
- 3.2.3Market Restraints
- 3.2.4Market Challenges
3.3Porter Five Forces Analysis

Chapter 4.Asia Pacific PMI Foam Market, By Application

4.1Asia Pacific Aerospace & Defense Market, By Country
4.2Asia Pacific Automotive & Transportation Market, By Country
4.3Asia Pacific Wind Energy Market, By Country
4.4Asia Pacific Sports Goods Market, By Country
4.5Asia Pacific Others Market, By Country

Chapter 5.Asia Pacific PMI Foam Market, By Country

5.1China PMI Foam Market
- 5.1.1China PMI Foam Market, By Application
5.2Japan PMI Foam Market
- 5.2.1Japan PMI Foam Market, By Application
5.3India PMI Foam Market
- 5.3.1India PMI Foam Market, By Application
5.4South Korea PMI Foam Market
- 5.4.1South Korea PMI Foam Market, By Application
5.5Singapore PMI Foam Market
- 5.5.1Singapore PMI Foam Market, By Application
5.6Malaysia PMI Foam Market
- 5.6.1Malaysia PMI Foam Market, By Application
5.7Rest of Asia Pacific PMI Foam Market
- 5.7.1Rest of Asia Pacific PMI Foam Market, By Application

Chapter 6.Company Profiles

6.1BASF SE
- 6.1.1Company Overview
- 6.1.2Financial Analysis
- 6.1.3Segmental and Regional Analysis
- 6.1.4Research & Development Expense
- 6.1.5SWOT Analysis
6.2SABIC (Saudi Arabian Oil Company)
- 6.2.1Company Overview
- 6.2.2Financial Analysis
- 6.2.3Segmental and Regional Analysis
- 6.2.4SWOT Analysis
6.3Evonik Industries AG (RAG-Stiftung)
- 6.3.1Company Overview
- 6.3.2Financial Analysis
- 6.3.3Segmental and Regional Analysis
- 6.3.4Research & Development Expenses
- 6.3.5SWOT Analysis
6.4Solvay SA
- 6.4.1Company Overview
- 6.4.2Financial Analysis
- 6.4.3Segmental and Regional Analysis
- 6.4.4Research & Development Expenses
- 6.4.5SWOT Analysis
6.5Zotefoams plc
- 6.5.1Company Overview
- 6.5.2Financial Analysis
- 6.5.3Segmental and Regional Analysis
- 6.5.4Research & Development Expenses
- 6.5.5SWOT Analysis
6.6DuPont de Nemours, Inc.
- 6.6.1Company Overview
- 6.6.2Financial Analysis
- 6.6.3Segmental and Regional Analysis
- 6.6.4Research & Development Expense
- 6.6.5SWOT Analysis
6.7Diab Group
- 6.7.1Company Overview
- 6.7.2SWOT Analysis
6.8The Dow Chemical Company
- 6.8.1Company Overview
- 6.8.2Financial Analysis
- 6.8.3Segmental and Regional Analysis
- 6.8.4Research & Development Expenses
- 6.8.5SWOT Analysis
6.9Huntsman Corporation
- 6.9.1Company Overview
- 6.9.2Financial Analysis
- 6.9.3Segment and Regional Analysis
- 6.9.4Research & Development Expense
- 6.9.5SWOT Analysis
6.10.Covestro AG
- 6.10.1Company Overview
- 6.10.2Financial Analysis
- 6.10.3Segmental and Regional Analysis
- 6.10.4Research & Development Expenses
- 6.10.5SWOT Analysis

LIST OF TABLES

TABLE 1Asia Pacific PMI Foam Market, 2019 - 2022, USD Thousands
TABLE 2Asia Pacific PMI Foam Market, 2023 - 2030, USD Thousands
TABLE 3Asia Pacific PMI Foam Market, 2019 - 2022, Thousand Square Meter
TABLE 4Asia Pacific PMI Foam Market, 2023 - 2030, Thousand Square Meter
TABLE 5Asia Pacific PMI Foam Market, By Application, 2019 - 2022, USD Thousands
TABLE 6Asia Pacific PMI Foam Market, By Application, 2023 - 2030, USD Thousands
TABLE 7Asia Pacific PMI Foam Market, By Application, 2019 - 2022, Thousand Square Meter
TABLE 8Asia Pacific PMI Foam Market, By Application, 2023 - 2030, Thousand Square Meter
TABLE 9Asia Pacific Aerospace & Defense Market, By Country, 2019 - 2022, USD Thousands
TABLE 10Asia Pacific Aerospace & Defense Market, By Country, 2023 - 2030, USD Thousands
TABLE 11Asia Pacific Aerospace & Defense Market, By Country, 2019 - 2022, Thousand Square Meter
TABLE 12Asia Pacific Aerospace & Defense Market, By Country, 2023 - 2030, Thousand Square Meter
TABLE 13Asia Pacific Automotive & Transportation Market, By Country, 2019 - 2022, USD Thousands
TABLE 14Asia Pacific Automotive & Transportation Market, By Country, 2023 - 2030, USD Thousands
TABLE 15Asia Pacific Automotive & Transportation Market, By Country, 2019 - 2022, Thousand Square Meter
TABLE 16Asia Pacific Automotive & Transportation Market, By Country, 2023 - 2030, Thousand Square Meter
TABLE 17Asia Pacific Wind Energy Market, By Country, 2019 - 2022, USD Thousands
TABLE 18Asia Pacific Wind Energy Market, By Country, 2023 - 2030, USD Thousands
TABLE 19Asia Pacific Wind Energy Market, By Country, 2019 - 2022, Thousand Square Meter
TABLE 20Asia Pacific Wind Energy Market, By Country, 2023 - 2030, Thousand Square Meter
TABLE 21Asia Pacific Sports Goods Market, By Country, 2019 - 2022, USD Thousands
TABLE 22Asia Pacific Sports Goods Market, By Country, 2023 - 2030, USD Thousands
TABLE 23Asia Pacific Sports Goods Market, By Country, 2019 - 2022, Thousand Square Meter
TABLE 24Asia Pacific Sports Goods Market, By Country, 2023 - 2030, Thousand Square Meter
TABLE 25Asia Pacific Others Market, By Country, 2019 - 2022, USD Thousands
TABLE 26Asia Pacific Others Market, By Country, 2023 - 2030, USD Thousands
TABLE 27Asia Pacific Others Market, By Country, 2019 - 2022, Thousand Square Meter
TABLE 28Asia Pacific Others Market, By Country, 2023 - 2030, Thousand Square Meter
TABLE 29Asia Pacific PMI Foam Market, By Country, 2019 - 2022, USD Thousands
TABLE 30Asia Pacific PMI Foam Market, By Country, 2023 - 2030, USD Thousands
TABLE 31Asia Pacific PMI Foam Market, By Country, 2019 - 2022, Thousand Square Meter
TABLE 32Asia Pacific PMI Foam Market, By Country, 2023 - 2030, Thousand Square Meter
TABLE 33China PMI Foam Market, 2019 - 2022, USD Thousands
TABLE 34China PMI Foam Market, 2023 - 2030, USD Thousands
TABLE 35China PMI Foam Market, 2019 - 2022, Thousand Square Meter
TABLE 36China PMI Foam Market, 2023 - 2030, Thousand Square Meter
TABLE 37China PMI Foam Market, By Application, 2019 - 2022, USD Thousands
TABLE 38China PMI Foam Market, By Application, 2023 - 2030, USD Thousands
TABLE 39China PMI Foam Market, By Application, 2019 - 2022, Thousand Square Meter
TABLE 40China PMI Foam Market, By Application, 2023 - 2030, Thousand Square Meter
TABLE 41Japan PMI Foam Market, 2019 - 2022, USD Thousands
TABLE 42Japan PMI Foam Market, 2023 - 2030, USD Thousands
TABLE 43Japan PMI Foam Market, 2019 - 2022, Thousand Square Meter
TABLE 44Japan PMI Foam Market, 2023 - 2030, Thousand Square Meter
TABLE 45Japan PMI Foam Market, By Application, 2019 - 2022, USD Thousands
TABLE 46Japan PMI Foam Market, By Application, 2023 - 2030, USD Thousands
TABLE 47Japan PMI Foam Market, By Application, 2019 - 2022, Thousand Square Meter
TABLE 48Japan PMI Foam Market, By Application, 2023 - 2030, Thousand Square Meter
TABLE 49India PMI Foam Market, 2019 - 2022, USD Thousands
TABLE 50India PMI Foam Market, 2023 - 2030, USD Thousands
TABLE 51India PMI Foam Market, 2019 - 2022, Thousand Square Meter
TABLE 52India PMI Foam Market, 2023 - 2030, Thousand Square Meter
TABLE 53India PMI Foam Market, By Application, 2019 - 2022, USD Thousands
TABLE 54India PMI Foam Market, By Application, 2023 - 2030, USD Thousands
TABLE 55India PMI Foam Market, By Application, 2019 - 2022, Thousand Square Meter
TABLE 56India PMI Foam Market, By Application, 2023 - 2030, Thousand Square Meter
TABLE 57South Korea PMI Foam Market, 2019 - 2022, USD Thousands
TABLE 58South Korea PMI Foam Market, 2023 - 2030, USD Thousands
TABLE 59South Korea PMI Foam Market, 2019 - 2022, Thousand Square Meter
TABLE 60South Korea PMI Foam Market, 2023 - 2030, Thousand Square Meter
TABLE 61South Korea PMI Foam Market, By Application, 2019 - 2022, USD Thousands
TABLE 62South Korea PMI Foam Market, By Application, 2023 - 2030, USD Thousands
TABLE 63South Korea PMI Foam Market, By Application, 2019 - 2022, Thousand Square Meter
TABLE 64South Korea PMI Foam Market, By Application, 2023 - 2030, Thousand Square Meter
TABLE 65Singapore PMI Foam Market, 2019 - 2022, USD Thousands
TABLE 66Singapore PMI Foam Market, 2023 - 2030, USD Thousands
TABLE 67Singapore PMI Foam Market, 2019 - 2022, Thousand Square Meter
TABLE 68Singapore PMI Foam Market, 2023 - 2030, Thousand Square Meter
TABLE 69Singapore PMI Foam Market, By Application, 2019 - 2022, USD Thousands
TABLE 70Singapore PMI Foam Market, By Application, 2023 - 2030, USD Thousands
TABLE 71Singapore PMI Foam Market, By Application, 2019 - 2022, Thousand Square Meter
TABLE 72Singapore PMI Foam Market, By Application, 2023 - 2030, Thousand Square Meter
TABLE 73Malaysia PMI Foam Market, 2019 - 2022, USD Thousands
TABLE 74Malaysia PMI Foam Market, 2023 - 2030, USD Thousands
TABLE 75Malaysia PMI Foam Market, 2019 - 2022, Thousand Square Meter
TABLE 76Malaysia PMI Foam Market, 2023 - 2030, Thousand Square Meter
TABLE 77Malaysia PMI Foam Market, By Application, 2019 - 2022, USD Thousands
TABLE 78Malaysia PMI Foam Market, By Application, 2023 - 2030, USD Thousands
TABLE 79Malaysia PMI Foam Market, By Application, 2019 - 2022, Thousand Square Meter
TABLE 80Malaysia PMI Foam Market, By Application, 2023 - 2030, Thousand Square Meter
TABLE 81Rest of Asia Pacific PMI Foam Market, 2019 - 2022, USD Thousands
TABLE 82Rest of Asia Pacific PMI Foam Market, 2023 - 2030, USD Thousands
TABLE 83Rest of Asia Pacific PMI Foam Market, 2019 - 2022, Thousand Square Meter
TABLE 84Rest of Asia Pacific PMI Foam Market, 2023 - 2030, Thousand Square Meter
TABLE 85Rest of Asia Pacific PMI Foam Market, By Application, 2019 - 2022, USD Thousands
TABLE 86Rest of Asia Pacific PMI Foam Market, By Application, 2023 - 2030, USD Thousands
TABLE 87Rest of Asia Pacific PMI Foam Market, By Application, 2019 - 2022, Thousand Square Meter
TABLE 88Rest of Asia Pacific PMI Foam Market, By Application, 2023 - 2030, Thousand Square Meter
TABLE 89Key Information - BASF SE
TABLE 90Key Information - SABIC
TABLE 91Key Information - Evonik Industries AG
TABLE 92Key Information - Solvay SA
TABLE 93Key Information - Zotefoams plc
TABLE 94Key Information -DuPont de Nemours, Inc.
TABLE 95Key Information - Diab Group
TABLE 96Key Information - The Dow Chemical Company
TABLE 97key Information - Huntsman Corporation
TABLE 98key information - Covestro AG

Asia Pacific PMI Foam Market Size, Share & Trends Analysis Report By Application (Aerospace & Defense, Automotive & Transportation, Wind Energy, Sports Goods, and Others), By Country and Growth Forecast, 2023 - 2030