Type (4,4' Bismaleimidodiphenyl methane, M-Phenylene Bismaleimide, Phenymethane Maleimide, 4-methyl-1, 3-phenylene Bismaleimide, BANI-M, and Others)
The global bismaleimide monomer market is segmented and analyzed for demand and supply by type into 4,4' bismaleimidodiphenyl methane, M-phenylene bismaleimide, phenylmethane maleimide, 4-methyl-1,3-phenylene bismaleimide, BANI-M, and others. Out of which 4,4' bismaleimidodiphenyl methane segment is estimated to significantly grow over the forecast period. On the back of its significant use in the production of insulated wires. The export of insulated wires has rapidly been growing which is estimated to lead to the growth of this segment. For instance, China's exports of insulated wire or cable increased to USD 2,451,212 in July 2022, up from USD 2,375,592 in June 2022.
End User (Aerospace, Defense, Electronics, and Others)
Additionally, the market is segmented and analyzed to demand and supply by end-user into aerospace, defense, electronics, and others. Out of which, the aerospace segment is anticipated to hold the largest market share at 45%, defense at 25%, electronics at 20%, and others at 10%. The increasing investment of governments and companies in aerospace in the import of high-quality composites is estimated to raise the market in the coming years. The import value of the government of Spain fueled from USD 3,811 in 2016 to USD 4,478 in 2019. The availability of raw materials doubled with cheap labor and low costs are driving the growth of this segment.
Our in-depth analysis of the global market includes the following segments:
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Author Credits: Rajrani Baghel
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