The Europe PMI Foam Market would witness market growth of 4.5% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 828.30 thousand square meter, showcasing a growth of 2.0% (2019-2022).
Polymer matrix composites (PMCs) have emerged as pivotal materials across many industries due to their lightweight, high-strength characteristics. Polyurethane-microspheres-infused (PMI) foam has garnered significant attention for its exceptional properties, sparking a dynamic and evolving market landscape within this broad spectrum of composites. The adoption of PMI foam has witnessed a steady and upward trajectory, driven by the pursuit of lightweight, high-performance materials across industries seeking to enhance efficiency, fuel economy, and overall product performance. Initially introduced in aerospace applications to address the stringent demands for weight reduction without compromising structural integrity, it has since transcended its origins and found applications in diverse sectors.
In addition, the aerospace industry stands as a trailblazer in PMI foam adoption. The unique combination of high strength-to-weight ratio, thermal stability, and resistance to fire propagation positions PMI foam as a preferred choice for components such as aircraft interior panels, wings, and structural elements. This adoption is fuelled by the aerospace sector's unyielding quest for fuel efficiency and enhanced performance. With stringent weight restrictions in the aerospace industry, it has become integral to aircraft interiors. The fuel efficiency and overall operational cost reduction of seating components and cabin panels are facilitated by its lightweight construction.
France has established itself as a prominent hub for aerospace innovation and research. With renowned aerospace companies and research institutions, the country fosters an environment conducive to developing and adopting cutting-edge materials like PMI foam. As per the International Trade Administration, for 2021, the French civil aerospace industry recorded a modest gain in revenue, reaching €35.66 billion out of a total of €55.2 billion in non-consolidated aerospace and defense revenues. This represents an improvement over the previous year, 2020. TA 68% rise in orders was seen in 2021 compared to 2020. Hence, the rising aerospace industry in Europe will propel the growth of the regional market.
The Germany market dominated the Europe PMI Foam Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $7,435.1 Thousands by 2030. The UK market is experiencing a CAGR of 4.3% during (2023 - 2030). Additionally, The France market would exhibit witness a CAGR of 5% during (2023 - 2030).
Free Valuable Insights: The Global PMI Foam Market will Hit $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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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
Europe 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)
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
TABLE 1 Europe PMI Foam Market, 2019 - 2022, USD Thousands
TABLE 2 Europe PMI Foam Market, 2023 - 2030, USD Thousands
TABLE 3 Europe PMI Foam Market, 2019 - 2022, Thousand Square Meter
TABLE 4 Europe PMI Foam Market, 2023 - 2030, Thousand Square Meter
TABLE 5 Europe PMI Foam Market, By Application, 2019 - 2022, USD Thousands
TABLE 6 Europe PMI Foam Market, By Application, 2023 - 2030, USD Thousands
TABLE 7 Europe PMI Foam Market, By Application, 2019 - 2022, Thousand Square Meter
TABLE 8 Europe PMI Foam Market, By Application, 2023 - 2030, Thousand Square Meter
TABLE 9 Europe Aerospace & Defense Market, By Country, 2019 - 2022, USD Thousands
TABLE 10 Europe Aerospace & Defense Market, By Country, 2023 - 2030, USD Thousands
TABLE 11 Europe Aerospace & Defense Market, By Country, 2019 - 2022, Thousand Square Meter
TABLE 12 Europe Aerospace & Defense Market, By Country, 2023 - 2030, Thousand Square Meter
TABLE 13 Europe Automotive & Transportation Market, By Country, 2019 - 2022, USD Thousands
TABLE 14 Europe Automotive & Transportation Market, By Country, 2023 - 2030, USD Thousands
TABLE 15 Europe Automotive & Transportation Market, By Country, 2019 - 2022, Thousand Square Meter
TABLE 16 Europe Automotive & Transportation Market, By Country, 2023 - 2030, Thousand Square Meter
TABLE 17 Europe Wind Energy Market, By Country, 2019 - 2022, USD Thousands
TABLE 18 Europe Wind Energy Market, By Country, 2023 - 2030, USD Thousands
TABLE 19 Europe Wind Energy Market, By Country, 2019 - 2022, Thousand Square Meter
TABLE 20 Europe Wind Energy Market, By Country, 2023 - 2030, Thousand Square Meter
TABLE 21 Europe Sports Goods Market, By Country, 2019 - 2022, USD Thousands
TABLE 22 Europe Sports Goods Market, By Country, 2023 - 2030, USD Thousands
TABLE 23 Europe Sports Goods Market, By Country, 2019 - 2022, Thousand Square Meter
TABLE 24 Europe Sports Goods Market, By Country, 2023 - 2030, Thousand Square Meter
TABLE 25 Europe Others Market, By Country, 2019 - 2022, USD Thousands
TABLE 26 Europe Others Market, By Country, 2023 - 2030, USD Thousands
TABLE 27 Europe Others Market, By Country, 2019 - 2022, Thousand Square Meter
TABLE 28 Europe Others Market, By Country, 2023 - 2030, Thousand Square Meter
TABLE 29 Europe PMI Foam Market, By Country, 2019 - 2022, USD Thousands
TABLE 30 Europe PMI Foam Market, By Country, 2023 - 2030, USD Thousands
TABLE 31 Europe PMI Foam Market, By Country, 2019 - 2022, Thousand Square Meter
TABLE 32 Europe PMI Foam Market, By Country, 2023 - 2030, Thousand Square Meter
TABLE 33 Germany PMI Foam Market, 2019 - 2022, USD Thousands
TABLE 34 Germany PMI Foam Market, 2023 - 2030, USD Thousands
TABLE 35 Germany PMI Foam Market, 2019 - 2022, Thousand Square Meter
TABLE 36 Germany PMI Foam Market, 2023 - 2030, Thousand Square Meter
TABLE 37 Germany PMI Foam Market, By Application, 2019 - 2022, USD Thousands
TABLE 38 Germany PMI Foam Market, By Application, 2023 - 2030, USD Thousands
TABLE 39 Germany PMI Foam Market, By Application, 2019 - 2022, Thousand Square Meter
TABLE 40 Germany PMI Foam Market, By Application, 2023 - 2030, Thousand Square Meter
TABLE 41 UK PMI Foam Market, 2019 - 2022, USD Thousands
TABLE 42 UK PMI Foam Market, 2023 - 2030, USD Thousands
TABLE 43 UK PMI Foam Market, 2019 - 2022, Thousand Square Meter
TABLE 44 UK PMI Foam Market, 2023 - 2030, Thousand Square Meter
TABLE 45 UK PMI Foam Market, By Application, 2019 - 2022, USD Thousands
TABLE 46 UK PMI Foam Market, By Application, 2023 - 2030, USD Thousands
TABLE 47 UK PMI Foam Market, By Application, 2019 - 2022, Thousand Square Meter
TABLE 48 UK PMI Foam Market, By Application, 2023 - 2030, Thousand Square Meter
TABLE 49 France PMI Foam Market, 2019 - 2022, USD Thousands
TABLE 50 France PMI Foam Market, 2023 - 2030, USD Thousands
TABLE 51 France PMI Foam Market, 2019 - 2022, Thousand Square Meter
TABLE 52 France PMI Foam Market, 2023 - 2030, Thousand Square Meter
TABLE 53 France PMI Foam Market, By Application, 2019 - 2022, USD Thousands
TABLE 54 France PMI Foam Market, By Application, 2023 - 2030, USD Thousands
TABLE 55 France PMI Foam Market, By Application, 2019 - 2022, Thousand Square Meter
TABLE 56 France PMI Foam Market, By Application, 2023 - 2030, Thousand Square Meter
TABLE 57 Russia PMI Foam Market, 2019 - 2022, USD Thousands
TABLE 58 Russia PMI Foam Market, 2023 - 2030, USD Thousands
TABLE 59 Russia PMI Foam Market, 2019 - 2022, Thousand Square Meter
TABLE 60 Russia PMI Foam Market, 2023 - 2030, Thousand Square Meter
TABLE 61 Russia PMI Foam Market, By Application, 2019 - 2022, USD Thousands
TABLE 62 Russia PMI Foam Market, By Application, 2023 - 2030, USD Thousands
TABLE 63 Russia PMI Foam Market, By Application, 2019 - 2022, Thousand Square Meter
TABLE 64 Russia PMI Foam Market, By Application, 2023 - 2030, Thousand Square Meter
TABLE 65 Spain PMI Foam Market, 2019 - 2022, USD Thousands
TABLE 66 Spain PMI Foam Market, 2023 - 2030, USD Thousands
TABLE 67 Spain PMI Foam Market, 2019 - 2022, Thousand Square Meter
TABLE 68 Spain PMI Foam Market, 2023 - 2030, Thousand Square Meter
TABLE 69 Spain PMI Foam Market, By Application, 2019 - 2022, USD Thousands
TABLE 70 Spain PMI Foam Market, By Application, 2023 - 2030, USD Thousands
TABLE 71 Spain PMI Foam Market, By Application, 2019 - 2022, Thousand Square Meter
TABLE 72 Spain PMI Foam Market, By Application, 2023 - 2030, Thousand Square Meter
TABLE 73 Italy PMI Foam Market, 2019 - 2022, USD Thousands
TABLE 74 Italy PMI Foam Market, 2023 - 2030, USD Thousands
TABLE 75 Italy PMI Foam Market, 2019 - 2022, Thousand Square Meter
TABLE 76 Italy PMI Foam Market, 2023 - 2030, Thousand Square Meter
TABLE 77 Italy PMI Foam Market, By Application, 2019 - 2022, USD Thousands
TABLE 78 Italy PMI Foam Market, By Application, 2023 - 2030, USD Thousands
TABLE 79 Italy PMI Foam Market, By Application, 2019 - 2022, Thousand Square Meter
TABLE 80 Italy PMI Foam Market, By Application, 2023 - 2030, Thousand Square Meter
TABLE 81 Rest of Europe PMI Foam Market, 2019 - 2022, USD Thousands
TABLE 82 Rest of Europe PMI Foam Market, 2023 - 2030, USD Thousands
TABLE 83 Rest of Europe PMI Foam Market, 2019 - 2022, Thousand Square Meter
TABLE 84 Rest of Europe PMI Foam Market, 2023 - 2030, Thousand Square Meter
TABLE 85 Rest of Europe PMI Foam Market, By Application, 2019 - 2022, USD Thousands
TABLE 86 Rest of Europe PMI Foam Market, By Application, 2023 - 2030, USD Thousands
TABLE 87 Rest of Europe PMI Foam Market, By Application, 2019 - 2022, Thousand Square Meter
TABLE 88 Rest of Europe 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 Europe 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 Europe PMI Foam Market share, By Application, 2022
FIG 6 Europe PMI Foam Market share, By Application, 2030
FIG 7 Europe PMI Foam Market, By Application, 2019 - 2030, USD Thousands
FIG 8 Europe PMI Foam Market share, By Country, 2022
FIG 9 Europe PMI Foam Market share, By Country, 2030
FIG 10 Europe 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