Polymethacrylimide (PMI) Foam Market

By Type;

Standard, Fire Proof and Radio Proof

By Application;

Wind Energy, Aerospace & Defense, Automotive & Transportation, Sports Goods and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn565185346 Published Date: September, 2025 Updated Date: October, 2025

Polymethacrylimide (PMI) Foam Market Overview

Polymethacrylimide (PMI) Foam Market (USD Million)

Polymethacrylimide (PMI) Foam Market was valued at USD 7,276.27 million in the year 2024. The size of this market is expected to increase to USD 11,159.43 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.3%.


Polymethacrylimide (PMI) Foam Market

*Market size in USD million

CAGR 6.3 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.3 %
Market Size (2024)USD 7,276.27 Million
Market Size (2031)USD 11,159.43 Million
Market ConcentrationMedium
Report Pages362
7,276.27
2024
11,159.43
2031

Major Players

  • BASF SE
  • Rogers Corporation
  • 3M Company
  • Armacell International S.A
  • UFP Technologies, Inc
  • Polymicrolab
  • Zotefoams PLC
  • SABIC
  • Dupont
  • Solvay

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Polymethacrylimide (PMI) Foam Market

Fragmented - Highly competitive market without dominant players


The Polymethacrylimide (PMI) Foam Market is experiencing strong growth, driven by its exceptional lightweight, thermal resistance, and mechanical strength. Over 45% of demand originates from aerospace, where PMI foam is a vital component in sandwich panels that improve fuel efficiency and durability. Its ability to deliver performance under extreme conditions enhances its market relevance.

Key Applications in Renewable Energy
The wind energy industry accounts for nearly 30% of PMI foam consumption. Its application in wind turbine blades provides enhanced stiffness, reliability, and long-term stability. With renewable energy adoption rising, PMI foam continues to secure its position as a preferred material for high-efficiency power generation components.

Increasing Use in Automotive Sector
The automotive industry represents about 15% of PMI foam demand. It is used in lightweight parts and structural reinforcements that reduce vehicle weight while improving fuel economy. Its durability, impact resistance, and thermal stability make it ideal for advanced vehicle designs focused on sustainability and performance.

Adoption in Marine and Electronics
PMI foam also serves diverse applications in marine and electronics, contributing close to 10% of demand. Its dielectric strength and moisture resistance make it suitable for ship structures and electronic housings. These features broaden its scope across industries seeking long-term efficiency and safety.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Polymethacrylimide (PMI) Foam Market Dynamics

    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Construction Activities
        2. Growing Consumer Awareness
        3. Increasing Demand for Insulation
        4. Technological Advancements in Manufacturing
      2. Restraints
        1. High Raw Material Costs
        2. Environmental Regulations
        3. Volatile Market Conditions
        4. Limited Awareness in Emerging Markets
      3. Opportunities
        1. Expanding Emerging Markets
        2. Innovations in Foam Products
        3. Growth in Packaging Industry
        4. Increasing Use in Automotive
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Polymethacrylimide (PMI) Foam Market, By Type, 2021 - 2031 (USD Million)
      1. Standard
      2. Fire Proof
      3. Radio Proof
    2. Polymethacrylimide (PMI) Foam Market, By Application, 2021 - 2031 (USD Million)
      1. Wind Energy
      2. Aerospace & Defense
      3. Automotive & Transportation
      4. Sports Goods
      5. Others
    3. Polymethacrylimide (PMI) Foam Market, By Geography, 2021 - 2031 (USD Million)

      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BASF SE
      2. Rogers Corporation
      3. 3M Company
      4. Armacell International S.A
      5. UFP Technologies, Inc
      6. Polymicrolab
      7. Zotefoams PLC
      8. SABIC
      9. Dupont
      10. Solvay
  7. Analyst Views
  8. Future Outlook of the Market