Bismaleimide Monomer Market Size Forecast to Reach $131.2 Million by 2026
Bismaleimide Monomer market size is forecast to reach $131.2 million by 2026, after growing at a CAGR of 4.8% during 2021-2026. Bismaleimide Polymers are high-performance thermosetting polymers. Certain characteristics like its exceptional dimensional stability and high-temperature performance are driving its demand growth in the market especially in the Aerospace and Electrical & Electronic Industry. The most dominant monomers are M-Phenylene bismaleimide and 4,4'-bismaleimidodiphenylmethane which comes in the form of yellow crystalline powder that improves the heat resistance, reduces heat, improves adhesion of the rubber and tire cord, and vulcanized rubber modulus. Asia-Pacific is an industrial hub across the globe for numerous industries including electrical and electronics, aerospace, and automotive with China being a foremost emphasis. The aircraft parts and assembly manufacturing sector in the country is emerging at a rapid pace, with the presence of over 200 s...