Polyimide Foam Market to Reach $419.9 Million, Globally, by 2032 at 4.5% CAGR: Allied Market Research [Yahoo! Finance]
UFP Technologies, Inc. (UFPT)
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thermal and acoustic insulation, which make it valuable for use in construction, automotive, and electronics industries. However, limited temperature resistance is expected to restrain the growth of polyimide foam market during the forecast period. WILMINGTON, Del. Aug. 21, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, Polyimide Foam Market by Type (Regid Foam and Flexible Foam) and Application (Aerospace, Marine, Renewable Energy, Medical and Others): Global Opportunity Analysis and Industry Forecast, 2024-2032" . According to the report, the polyimide foam market was valued at $282.0 million in 2023, and is estimated to reach $419.9 million by 2032, growing at a CAGR of 4.5% from 2024 to 2032. Prime determinants of growth The global polyimide foam market is experiencing growth due to several factors such as increase in demand for lightweight material in automotive and aerospace industries is expected to drive the growth of polyimide foam market. Howev
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