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

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).

Free Valuable Insights: The Global PMI Foam Market is Predict to reach $89.4 Million by 2030, at a CAGR of 5.2%

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

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. Asia Pacific PMI Foam Market, By Application
4.1 Asia Pacific Aerospace & Defense Market, By Country
4.2 Asia Pacific Automotive & Transportation Market, By Country
4.3 Asia Pacific Wind Energy Market, By Country
4.4 Asia Pacific Sports Goods Market, By Country
4.5 Asia Pacific Others Market, By Country

Chapter 5. Asia Pacific PMI Foam Market, By Country
5.1 China PMI Foam Market
5.1.1 China PMI Foam Market, By Application
5.2 Japan PMI Foam Market
5.2.1 Japan PMI Foam Market, By Application
5.3 India PMI Foam Market
5.3.1 India PMI Foam Market, By Application
5.4 South Korea PMI Foam Market
5.4.1 South Korea PMI Foam Market, By Application
5.5 Singapore PMI Foam Market
5.5.1 Singapore PMI Foam Market, By Application
5.6 Malaysia PMI Foam Market
5.6.1 Malaysia PMI Foam Market, By Application
5.7 Rest of Asia Pacific PMI Foam Market
5.7.1 Rest of Asia Pacific PMI Foam Market, By Application

Chapter 6. Company Profiles
6.1 BASF SE
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expense
6.1.5 SWOT Analysis
6.2 SABIC (Saudi Arabian Oil Company)
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 SWOT Analysis
6.3 Evonik Industries AG (RAG-Stiftung)
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expenses
6.3.5 SWOT Analysis
6.4 Solvay SA
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.4.4 Research & Development Expenses
6.4.5 SWOT Analysis
6.5 Zotefoams plc
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Segmental and Regional Analysis
6.5.4 Research & Development Expenses
6.5.5 SWOT Analysis
6.6 DuPont de Nemours, Inc.
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental and Regional Analysis
6.6.4 Research & Development Expense
6.6.5 SWOT Analysis
6.7 Diab Group
6.7.1 Company Overview
6.7.2 SWOT Analysis
6.8 The Dow Chemical Company
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segmental and Regional Analysis
6.8.4 Research & Development Expenses
6.8.5 SWOT Analysis
6.9 Huntsman Corporation
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Segment and Regional Analysis
6.9.4 Research & Development Expense
6.9.5 SWOT Analysis
6.10. Covestro AG
6.10.1 Company Overview
6.10.2 Financial Analysis
6.10.3 Segmental and Regional Analysis
6.10.4 Research & Development Expenses
6.10.5 SWOT Analysis

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

List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific PMI Foam Market, 2019 - 2030, USD Thousands
FIG 3 Key Factors Impacting PMI Foam Market
FIG 4 Porter’s Five Forces Analysis – PMI Foam Market
FIG 5 Asia Pacific PMI Foam Market share, By Application, 2022
FIG 6 Asia Pacific PMI Foam Market share, By Application, 2030
FIG 7 Asia Pacific PMI Foam Market, By Application, 2019 - 2030, USD Thousands
FIG 8 Asia Pacific PMI Foam Market share, By Country, 2022
FIG 9 Asia Pacific PMI Foam Market share, By Country, 2030
FIG 10 Asia Pacific PMI Foam Market, By Country, 2019 - 2030, USD Thousands
FIG 11 SWOT Analysis: BASF SE
FIG 12 SWOT Analysis: SABIC
FIG 13 SWOT Analysis: Evonik Industries AG
FIG 14 SWOT Analysis: Solvay SA
FIG 15 Swot Analysis: Zotefoams plc
FIG 16 Swot Analysis: DuPont de Nemours, Inc.
FIG 17 Swot Analysis: Diab Group
FIG 18 SWOT Analysis: The Dow Chemical Company
FIG 19 SWOT Analysis: Huntsman Corporation
FIG 20 SWOT Analysis: Covestro AG