Bismaleimide Monomer Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 5.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Bismaleimide Monomer Market Analysis
The market for bismaleimide monomer is expected to grow at a CAGR of more than 5% during the forecast period. Growing demand from aerospace sector is driving the demand of the market studied. Asia-pacific dominated the market with a significant share and is estimated to continue its dominance during the forecast period.
Bismaleimide Monomer Market Trends
This section covers the major market trends shaping the Bismaleimide Monomer Market according to our research experts:
Increasing demand from Electrical and Electronics Sector
- Bismaleimide monomers are being widely used in the electrical and electronics sectors since the past few years.
- They are employed for multi-layer printed circuit boards and also in optoelectronics.
- The increasing electronics industry across the globe is boosting the demand for the market studied. the electronics manufacturing market in the Asia-Pacific region is expected to grow rapidly during the upcoming years, due to the presence of a large number of manufacturers in the region.
- Low cost and the availability of raw materials, coupled with cheap labor, are driving the growth of the sector.
- The companies in the region provide manufacturing and assembling services to companies in Germany, France, and the United States.
- Moreover, these companies are rapidly digitizing their business to achieve end-to-end integration of their operation.
- Such factors are boosting the demand for the market studied.
Asia-Pacific to Witness a Significant Growth
- Asia-Pacific is a manufacturing hub across the globe for various industries including electrical and electronics, aerospace, and automotive with China being a major focus.
- The aircraft parts and assembly manufacturing sector in the country is growing at a rapid pace, with the presence of over 200 small aircraft part manufacturers.
- Major manufacturers are concentrated in Nanchang, Shanghai, Chengdu, Xi'an, Harbin, Shijiazhuang, and Shenyang.
- The Chinese aerospace policy represents one of the most comprehensive attempts to enter the top levels of aerospace development and production. China is expected to be the world's largest singlecountry market for civil aircraft sales over the next 20 years.
- China is the world's largest electronic production base for decades. With the increase in the disposable income of the middle-class population, the demand for electronic products is projected to grow in the near future.
- But this scenario got disrupted with the threat of a 25% tariff in the China-US trade war. Some movement was already happening before the current US-China tensions, but the tariff war has put more urgency on brands to diversify production.
- China is racing to keep foreign enterprises in-country, dangling special benefits so that the advantages of staying outweigh the heavy tariffs imposed by the United States.
- In addition, the human impact of the corona virus has been profound on the electronics manufacturing community, with an unprecedented quarantine of over 60 million people and hundreds of deaths.
- Such rising demand for various end-users are in turn is likely to boot the demand of the market studied.
Bismaleimide Monomer Industry Overview
The market studied is consolidated among the major players. Some of the key players in the market include Evonik Nutrition & Care GmbH, Huntsman International LLC., Solvay, and HHBM., among others.
Bismaleimide Monomer Market Leaders
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Evonik Nutrition & Care GmbH
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Huntsman International LLC
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Solvay
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HHBM
*Disclaimer: Major Players sorted in no particular order
Bismaleimide Monomer Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Drivers
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4.1.1 Growing Demand from Aerospace Industry
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4.1.2 Other Drivers
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4.2 Restraints
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4.3 Industry Value-Chain Analysis
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4.4 Porter's Five Forces Analysis
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4.4.1 Bargaining Power of Suppliers
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4.4.2 Bargaining Power of Consumers
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4.4.3 Threat of New Entrants
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4.4.4 Threat of Substitute Products and Services
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4.4.5 Degree of Competition
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5. MARKET SEGMENTATION
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5.1 End-user Industry
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5.1.1 Aviation and Aerospace
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5.1.2 Electrical and Electronics
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5.1.3 Other End-user Industries
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5.2 Geography
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5.2.1 Asia-Pacific
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5.2.1.1 China
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5.2.1.2 India
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5.2.1.3 Japan
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5.2.1.4 South Korea
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5.2.1.5 Rest of Asia-Pacific
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5.2.2 North America
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5.2.2.1 United States
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5.2.2.2 Canada
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5.2.2.3 Mexico
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5.2.3 Europe
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5.2.3.1 United Kingdom
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5.2.3.2 France
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5.2.3.3 Germany
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5.2.3.4 Italy
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5.2.3.5 Rest of Europe
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5.2.4 Rest of the World
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6. COMPETITIVE LANDSCAPE
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6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
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6.2 Market Share/Ranking Analysis**
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6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
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6.4.1 ALB Technology Limited
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6.4.2 Evonik Nutrition & Care GmbH
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6.4.3 HHBM
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6.4.4 Huntsman International LLC
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6.4.5 Solvay
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6.4.6 TCI Chemicals (India) Pvt. Ltd.
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6.4.7 Willing New Materials Technology Co.,Ltd.
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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7.1 Increasing Demand from Wind Energy
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Bismaleimide Monomer Industry Segmentation
The bismaleimide monomer market report includes:
| End-user Industry | |
| Aviation and Aerospace | |
| Electrical and Electronics | |
| Other End-user Industries |
| Geography | |||||||
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| Rest of the World |
Bismaleimide Monomer Market Research FAQs
What is the current Bismaleimide Monomer Market size?
The Bismaleimide Monomer Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in Bismaleimide Monomer Market?
Evonik Nutrition & Care GmbH, Huntsman International LLC, Solvay and HHBM are the major companies operating in the Bismaleimide Monomer Market.
Which is the fastest growing region in Bismaleimide Monomer Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Bismaleimide Monomer Market?
In 2024, the Asia Pacific accounts for the largest market share in Bismaleimide Monomer Market.
What years does this Bismaleimide Monomer Market cover?
The report covers the Bismaleimide Monomer Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Bismaleimide Monomer Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Bismaleimide Monomer Industry Report
Statistics for the 2024 Bismaleimide Monomer market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Bismaleimide Monomer analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
