According to a new market report published by Lucintel, the future of the global bismaleimide (BMI) prepreg market looks promising with opportunities in the defense, commercial aerospace and general aviation markets. The global BMI prepreg market is expected to reach an estimated $208.7 million by 2027 with a CAGR of 7.0% from 2021 to 2027. The major driver for this market is increasing demand for high temperature-resistance composites material to replace metals in applications where extreme heat and harsh environmental conditions is most critical.
In this market, tooling, airframe, and nacelles are the major applications of BMI prepreg. Lucintel forecasts that tooling will remain the largest application and it is also expected to witness the highest growth over the forecast period, as BMI prepreg based tool is three times lighter and economical than Invar tool.
Within BMI prepreg market, defense will remain the largest end-use during the forecast period due to increasing demand of BMI prepreg in high heat resistance applications in military aircrafts and missiles. Commercial aerospace is expected to witness the highest growth over the forecast period.
North America is expected to remain the largest region and witness the highest growth over the forecast period due to a growing demand for lightweight and high heat resistance materials in defense, commercial aerospace, and general aviation industries.
Emerging trend, which have a direct impact on the dynamics of the industry, include increasing penetration of BMI prepreg in out-of-autoclave technology. Solvay, Hexcel, Toray, Gurit, and Mitsubishi Chemical are among the leading players in the global BMI prepreg market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities of the global bismaleimide (BMI) prepreg market by end use, application, reinforcement type, cure type, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global BMI Prepreg Market 2022-2027: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global BMI prepreg market by end use, application, reinforcement type, cure type, and region as follow:
By End Use [Value ($M) and Volume (Million Pounds) shipment analysis for 2016 – 2027]:
Defense
Commercial Aerospace
General Aviation
Others
By Application [Value ($M) and Volume (Million Pounds) shipment analysis for 2016 – 2027]:
Tooling
Airframe
Nacelles
Others
By Reinforcement Type [Value ($M) and Volume (Million Pounds) shipment analysis for 2016 – 2027]:
Fabric/Woven BMI Prepreg
Unidirectional BMI Prepreg
By Cure Type [Value ($M) and Volume (Million Pounds) shipment analysis for 2016 – 2027]:
Autoclave
Out-of-Autoclave
Others
By Region [Value ($M) and Volume (Million Pounds) shipment analysis for 2016 – 2027]:
North America
Europe
Asia Pacific
The Rest of the World
This 139-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link www.lucintel.com/bmi-prepreg-market.aspx helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising, high-growth of global bismaleimide (BMI) prepreg market by end use (defense, commercial aircraft, general aircraft and others) application (tooling, airframe, nacelles and others), reinforcement type (fabric/woven BMI prepreg and unidirectional BMI prepreg), cure type (autoclave, out-of-autoclave and others), regional (North America, Europe APAC, and ROW)?
Q. 2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?