Global Automotive Bismaleimide Resin Market 2024-2030

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    AUTOMOTIVE BISMALEIMIDE RESIN MARKET

     

    INTRODUCTION

    Thermosetting bismaleimide (BMI) resins have been extensively employed in aerospace and astronautics as a matrix for advanced composites. Excellent electrical, mechanical, thermal, and oxidative stability, as well as a relatively low propensity for moisture absorption, are all features of BMI resins.

     

    Bismaleimides are frequently blended with reactive co-monomers like vinyl and allyl compounds, allyl phenols, isocyanates, and aromatic amines. They are rarely used in their pure solid form.

     

    These blends typically have better toughness and flexibility and are simpler to process. They frequently resemble paste and can be shaped as you like. However, due to the high viscosity of these mixes, diluents may occasionally be added to increase their processability.

     

    Bismaleimide is frequently offered for sale as dry powder resins with a low molecular weight that already has imide structures in them. These resins can be polymerized by a number of polyaddition processes with both other co-monomers and themselves.

     

    In contrast to polyimides, the polyaddition of bismaleimides produces three-dimensional crosslinked thermoset structures that have great temperature resistance rather than linear polymers. 

     

    The polyaddition reaction does not result in any volatile side products, unlike imides. By preventing the production of volatile byproducts that would otherwise result in cavities in the crosslinked polymer matrix, bismaleimides can be cured. Since they don’t require a post-processing step to acquire high-performance qualities, they are ideal as reactive adhesives and prepregs.

     

    AUTOMOTIVE BISMALEIMIDE RESIN MARKET SIZE AND FORECAST

     

     Automotive Bismaleimide Resin Market, Automotive Bismaleimide Resin Market Size, Automotive Bismaleimide Resin Market Trends, Automotive Bismaleimide Resin Market Forecast, Automotive Bismaleimide Resin Market Risks, Automotive Bismaleimide Resin Market Report, Automotive Bismaleimide Resin Market Share, BMI resins market

     

    Global Automotive Bismaleimide resin market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

     

    AUTOMOTIVE BISMALEIMIDE RESIN MARKET NEW PRODUCT LAUNCH

    A BMI resin with exceptionally raised temperature characteristics and processability is RS-8HT. In the fields of satellite and airframe/missile structures, RS-8HT has been assessed and qualified. The improved formulations of RS-8HT include RS-8M, a high-service temperature-regulated flow formulation.   

     

    For the creation of high-performance composites, adhesives, and molding components, we developed the COMPIMIDE bismaleimides (BMIs) family, which consists of a wide range of thermosetting resins and specialized materials.

     

    BMIs distinguish from other thermosets thanks to their heat endurance of up to 250°C. The aerospace industry, the electronics and electrical industries, and specialty applications—wherever certain mechanical and electrical qualities are required at high temperatures, as well as in warm or humid conditions—are the primary markets for them.

     

    AUTOMOTIVE BISMALEIMIDE RESIN MARKET RECENT PARTNERSHIPS

    The BMI (Bismaleimide) resins market has witnessed several significant partnerships in recent times, highlighting the growing importance and demand for these advanced materials in various industries.

     

    Hexcel Corporation, a leading advanced composites company, and Arkema, a global specialty chemicals company, announced a strategic partnership to develop thermoplastic composite solutions utilizing Arkema’s polyether ketone ketone (PEKK) resin and Hexcel’s Hex Ply® M77 carbon fiber prepreg technology.

     

    This partnership aims to deliver high-performance lightweight materials for next-generation aircraft structures, leveraging the unique properties of PEKK resin and the expertise of both companies in advanced composites.

     

    Evonik, a leading specialty chemicals company, entered into a strategic partnership with Evolve Additive Solutions, a pioneer in 3D printing technologies. The collaboration focuses on the development of thermoplastic materials for selective thermoplastic electrophotographic process (STEP) 3D printing technology.

     

    BMI resins, along with other high-performance polymers, are being explored to enhance the range of materials available for 3D printing, enabling the production of complex, high-performance parts with superior mechanical properties.

     

    Solvay, a global chemicals company, and Safran, a leading aerospace component manufacturer, joined forces to develop high-temperature-resistant materials for critical aircraft engine components.

     

    The partnership aims to leverage Solvay’s expertise in high-performance polymers, including BMI resins, and Safran’s engine design and manufacturing capabilities. The collaboration intends to deliver innovative solutions that can withstand extreme operating conditions, improving engine efficiency, and reducing environmental impact.

     

    Hexion, a global leader in thermosetting resins, partnered with ZWCAD Software, a leading provider of 3D design software, to offer integrated solutions for composite material design and simulation.

     

    By combining Hexion’s advanced resin systems, including BMI resins, with ZWCAD’s powerful design tools, engineers and designers can optimize the performance of composite parts, simulate manufacturing processes, and accelerate product development cycles.

     

    Mitsubishi Chemical Advanced Materials, a leading manufacturer of high-performance materials, collaborated with AREVO, a pioneer in composite additive manufacturing, to advance the development of carbon fiber reinforced polymer (CFRP) composites for various industries.

     

    The partnership aims to leverage Mitsubishi Chemical’s expertise in advanced materials, including BMI resins, and AREVO’s 3D printing technology to enable the production of complex, lightweight structures with superior mechanical properties.

     

    THIS AUTOMOTIVE BISMALEIMIDE RESIN MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many automotive Bismaleimide resins are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global automotive Bismaleimide resin and key vendor selection criteria
    3. Where is the automotive Bismaleimide resin manufactured? What is the average margin per unit?
    4. Market share of Global automotive Bismaleimide resin market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global automotive Bismaleimide resin in-house
    6. key predictions for the next 5 years in the Global automotive Bismaleimide resin market
    7. Average B-2-B automotive Bismaleimide resin market price in all segments
    8. Latest trends in the automotive Bismaleimide resin market, by every market segment
    9. The market size (both volume and value) of the automotive Bismaleimide resin market in 2024-2030 and every year in between?
    10. Production breakup of automotive Bismaleimide resin market, by suppliers and their OEM relationship
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive Innovation in the Industry
    10 Technology Trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in the US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on the point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End Use, 2024-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in the past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in the past 12 months
    26 M&A in the past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunities for new suppliers
    31 Conclusion
    32 Appendix
     
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