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Bismaleimide Market Share Expected to Grow at Higher Value, Share and Size Forecast to 2025

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Rahul Sharma
Bismaleimide Market Share Expected to Grow at Higher Value, Share and Size Forecast to 2025

22th October, 2018 – Global Bismaleimide Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are rising enormously across the globe.Bismaleimide (BMI) is a new class of polyimides that have gained acceptance for an extensive industrial application. The molecular formula of Bismaleimide is C21H14N2O4 and is insoluble in water. The chemical property changes from yellow to brownish fine crystalline powder. They are known to offer enhanced high temperature properties related to the epoxy systems. At elevated temperature, it includes high strength and rigidity.

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It has brilliant electrical properties and comparatively low propensity for moisture absorption. The most vital monomer is 4, 4’-bis(maleimide)diphenylmethane (BMI). It has a melting temperature of 155°C and polymerizes above its melting point. It is used as a plastic modifier for PVA, ABS, PVC, and others to recover heat-resistant, anti-foulant, and anti-oxidant properties. Moreover, used as an intermediary for the synthesis of cross-linking agents, crystalline adducting agents, pharmaceuticals, antiseptics, and pesticides.

 

The factors that are restraining overall growth of Bismaleimide Market are fragility, poor solubility, high crystalline melting temperatures of the monomers, and narrow temperature window for processing.Bismaleimide Market is segmented based on product type, applications, and region.Product types such asAzeotropic Distillation Dehydration Method, Acetic Anhydride Dehydration Method, Closed-Loop Thermal Dehydration Method, and others classify Bismaleimide Market.Applications into Electronics, Aviation, Military, Automotive, and others classify Bismaleimide Market.

 

Bismaleimide Market is segmented geographically into Americas (North America, South America), Europe (Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle East and Africa.The key players of Bismaleimide Market are HonghuShuangma Advanced Materials Tech, Evonik, ABROL, Huntsman, HOS-Technik, Hexcel, Renegade Materials, and Cytec Solvay. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

 

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