The global PMI foam market is expected to grow at a CAGR of 8.1% between 2016 and 2026. The report contains detailed forecasts and estimates of the industry, as well as an analysis of key factors affecting the market. It includes detailed information on the types and applications of the material, as well as on-going trends.

The report also examines the various end-use industries that are likely to benefit from the use of Cascell® MF foam core Manufacturers PMI foam. PMI foam is a commonly used material in aerospace and defense applications. It is ideal for honeycomb structures as it prevents degumming and moisture absorption. In addition, the material has superior fatigue resistance than other types of foam materials.

It can be easily molded into different curved surfaces, and it is used in composite sandwich construction. Its outstanding performance makes it an excellent choice for various applications, such as in the medical industry and structural bending stiffness. In 2016, LAMEA accounted for 17.4% of the global PMI foam market, and is predicted to grow at a CAGR of 8.9% from 2016 to 2022. South Africa is the largest automobile manufacturing nation in LAMEA. According to the Automotive Industry Export Council, the automotive industry contributed 7.2% of the country's GDP in 2014.

Its rapid growth is expected to propel the PMI foam market in the region. In LAMEA, several major companies are manufacturing PMI foam, The global PMI foam market is predicted to expand at a CAGR of 6.9% between 2016 and 2021.

Asia-Pacific is expected to show the fastest growth in the PMI foam market, thanks to rapid urbanization and a growing demand for lightweight materials. The presence of wind turbine projects is also expected to drive the growth of the automotive industry. 

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