USD 1.48 million
Report ID:
SQMIG15E2755 |
Region:
Global |
Published Date: July, 2025
Pages:
182
|Tables:
94
|Figures:
71
The global Bismaleimide Monomer market size was valued at USD 1.48 million in 2023 and is poised to grow from USD 450 million in 2024 to USD 833 million by 2032, growing at a CAGR of 7.2% during the forecast period (2025–2032).
The global bismaleimide monomer market growth is expanding at an unprecedented rate with its superior thermal stability, mechanical properties, and application in high-performance advanced composite and adhesive materials in aerospace, electronics, automotive, and defense industries. In 2023, the industry of aerospace composites was leading and contributed significantly to a share in revenue from the market because aircraft production requires lightweight, temperature-resistant materials, and companies such as Hexcel Corporation introduced enhanced bismaleimide-based composites for aerospace use in 2023 with better structural properties. The highest market share is in North America, approximately 40%, due to a strong aerospace and defense sector, but the Asia-Pacific region, comprising China and India, will expand at the highest rate owing to increased industrialization and electronics manufacturing, for example, India's 163 million units of smartphones in 2023 exported, rising demand for bismaleimide employed in printed circuit boards.
Market expansion, however, is challenged by expensive manufacturing and strict environment laws. Recent innovations, including Evonik Industries' launch in 2023 of a new bismaleimide chemistry for aerospace adhesives, reflect continued advancement and a competitive sector
How will Advanced Material Innovations Enhance Performance and Applications of Bismaleimide Monomer Market?
Developments in material science are greatly enhancing the performance and applications of the bismaleimide monomer market by improving the heat resistance, mechanical strength, and flexibility of bismaleimide-based materials, thus expanding their application in high-performance markets like aerospace, electronics, automotive, and defense. These developments enable the production of next-generation composites, adhesives, and coatings that are capable of meeting challenging industry needs for lighter, stronger, and heat-resistant materials.
Market snapshot - 2025–2032
Global Market Size
USD 1.48 million
Largest Segment
Aerospace Composites
Fastest Growth
Electronic Substrates
Growth Rate
7.2% CAGR
To get more reports on the above market click here to Buy The Report
The global bismaleimide monomer market is segmented into application, type, technology, and region. By application, the market is classified into aerospace composites, electronic substrates, automotive parts, oil and gas components, and military. Depending on the type, it is divided into 4,4’-Bismaleimidodiphenylmethane, M-Phenylene Bismaleimide, 4-Methyl-1,3-Phenylene Bismaleimide, and Phenylmethane Maleimide. According to technology, the market is categorized into conventional synthesis methods, and advanced synthesis methods. Regionally, it is analyzed across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
As per global bismaleimide monomer market analysis, aerospace composites is the most prominent segment in the bismaleimide monomer market because aircraft companies need high-strength, lightweight material as well as heat resistance. Bismaleimide monomers should form composites applied on structure parts like wings, fuselages, and engine components with high performance and fuel consumption efficiency. In 2023, this industry maintained a robust market revenue share based on robust growth in the aerospace industry, notably North America and Europe. For example, Hexcel Corporation launched a new bismaleimide composite during 2023 for Boeing's next-generation aircraft with enhanced heat resistance and weight savings in favor of the industry dominance.
Electronic substrates will observe the highest bismaleimide monomer market growth rate as a result of historic hikes in the electronics industry, largely in the Asia-Pacific region, as the use of printed circuit board (PCB) and semiconductor package is expanding at a dazzling rate. Bismaleimide monomers are highly excellent dielectric properties along with heat tolerance and thus are well-suited to use in 5G infrastructure and consumer devices. Growth of electronic substrates is supported owing to improvements in high-performance substrates. For example, in 2023 Evonik Industries launched a bismaleimide system applied to India's 163 million smartphone shipments' premium PCBs, underlining the segment's great growth potential with an estimated high CAGR through 2032.
Based on global bismaleimide monomer market analysis, 4,4'-Bismaleimidodiphenylmethane (BMI) holds the largest market share and represents about 30% of the global bismaleimide monomers market because of its superior thermal stability, mechanical properties, and widespread applications in high-performance advanced composites and adhesives. Its market leadership is supported by its key application in aerospace as light-weight structural parts for aircraft and electronics to insulated cables and printed circuit boards. For example, Hindustan Aeronautics Limited (HAL) signed a Technology Transfer with CSIR-NAL in November 2023 to procure LCA Mk1A aircraft BMI engine bay doors using the flame-resistant and weight-to-strength properties of 4,4'-Bismaleimidodiphenylmethane in meeting rigorous aerospace requirements.
M-Phenylene Bismaleimide will be the growth driver among products according to the bismaleimide monomer market forecast period (2025–2032) due to its higher corrosion and adhesive properties, which are becoming increasingly important in electronics and automotive usage. The growth of the monomer is driven by the increase in production of consumer electronics, especially in Asia-Pacific, as countries such as China and India are establishing IoT and 5G infrastructure. For example, M-Phenylene Bismaleimide is utilized in the manufacture of high-performance printed circuit boards for smartphones, and India's 163 million smartphone shipments in 2023 show the increasing demand.
To get detailed analysis on other segments, Request For Free Sample Report
As per bismaleimide monomer market regional forecast, North America dominates the global market with approximately 40% market share, supported by its powerful aerospace and defense sectors utilizing extensive amounts of bismaleimide monomers to produce aerospace-grade composites in aircraft and defense hardware. Sophisticated manufacturing infrastructure, enormous R&D spending, and industry leaders such as Hexcel Corporation propel demand, especially for 4,4'-Bismaleimidodiphenylmethane in the form of aircraft engine components. Further, robust electronics and automotive industries, both dominated by widespread use of heat-resistant, light material, further accentuate North America's leadership.
The U.S. bismaleimide monomer market is the major force behind North America's dominance, recording 40% of the global market share, owing to strong demand from aerospace, defense, and electronics sectors. The primary drivers include favorable government policies, enormous defense expenditures, and sophisticated manufacturing facilities. For instance, in 2023, enhanced production of composite-heavy aircraft such as the 787 Dreamliner fueled the demand for 4,4'-Bismaleimidodiphenylmethane for structural parts. The U.S. is also supported by huge R&D expenditure by companies such as Hexcel Corporation, which optimizes bismaleimide usage in high-performance composites and adhesives.
The Canada bismaleimide monomer market is more limited compared to that of the U.S. but helps support North America's leadership through expanding aerospace and electronics industries. The Canadian market is growing due to increased aerospace applications of bismaleimide monomer across lightweight composites in aircraft and electronics on printed circuit boards. Bombardier's 2023 business aircraft manufacturing, for example, incorporated bismaleimide-based products for greater thermal stability.
The Green Deal of the European Union and the Circular Economy Action Plan promote the use of sustainable and bio-based substitutes that affect producers to produce cleaner production technology, i.e., emulsion polymerization, which reduces volatile organic compounds Eco-design for Sustainable Products Regulation also promotes low-impact materials, e.g., application of bismaleimide in aerospace and automotive composites for fuel-efficient light-weight vehicles. Such trends favor market growth estimated at USD 522.61 million by 2032 at a CAGR of 6.58%, although high production costs act as a deterrent.
The U.K. bismaleimide monomer market is driven by its strong aerospace and defense sectors that need high-performance composites for aircraft and military applications. Priced as a part of the overall European market, it is preferred due to investment in green technology and infrastructure that focuses on sustainability. One example is the participation of Hexcel Corporation in the 2023 U.K.-based ASC. The market will increase steadily on the strength of U.K.'s established R&D and manufacturing base, led in the charge by 4,4'-Bismaleimidodiphenylmethane with uses in aircraft components. But strict environmental regulations could prove to be a stumbling block.
France's bismaleimide monomer market is being driven by its strong aerospace sector, a major importer of aircraft components, and rising applications for high-performance materials in automotive and electronics industries. The sector, a part of Europe's 25% of global market, is being pushed by the advancements in composites' thermosetting resins. Airbus was one of those companies which increased production of A320 aircraft during 2023 by utilizing weight-reducing heat-resistant components manufactured using bismaleimide monomers.
Germany leads the European bismaleimide monomer market because of its technical strength and well-established automotive and aerospace industries. The market is underpinned by a surplus of industrial presence and excess R&D, and industry leaders like Evonik Industries, manufacturing superior bismaleimide materials for automotive composites in 2023, which are used to make electric vehicles stronger. Demand for green technology and automation in Germany is a source of sustenance for growth, particularly for 4,4'-Bismaleimidodiphenylmethane in high-performance application.
The Asia-Pacific bismaleimide monomer market is expanding at a fast pace as a manufacturing base with cheap raw material and labor, especially in India and China. Strong demand in transport (e.g., 22 million vehicles in 2021 in China) and electronics (e.g., 163 million shipments of mobile phones in 2023 in India) generates application in circuit boards and composites. Thermal stability and toughness of monomers such as M-Phenylene Bismaleimide drive 5G and EV markets, with digital manufacturing and R&D supporting innovation, as evident in Evonik's 2023 products.
Japan bismaleimide monomer market propels through its automobile and electronics industry, pushing Asia-Pacific to hold a 35% market share in the world market in 2023. 4,4'-Bismaleimidodiphenylmethane is also widely applied in painting cars and circuit board, with Daiwakasei Industry expanding products in 2023 to be used for thermal resistance applications. The sector will develop with a ~5% CAGR through 2032 because of Japan's world hub for electronics.
The market of South Korea is expanding rapidly, led by its electronics sector (36% of export in 2022). M-Phenylene Bismaleimide is essential for 5G circuit boards, employed by Samsung to pack semiconductors in 2023. As IoT and smart city strategies shift into high gear, the market expects a >5% CAGR through 2032, fueling Asia-Pacific's expansion.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Light-Weight, Fuel-Efficient Material Need
Electronics and 5G Infrastructure Growth
High Production Expenses
Environmental Regulations
Request Free Customization of this report to help us to meet your business objectives.
Bismaleimide monomer market is dominated by large players such as Evonik Industries and Hexcel Corporation, with high-positioning through new-generation high-performance composites in aerospace, electronics, and motor vehicles. Their good R&D and global presence score high market share. New companies established after 2017 are coming up with cost-effective and eco-friendly products, targeting high-growth markets such as Asia-Pacific, which accounts for 36% of revenue in 2023, to gain niche segments.
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the rapid advancements in technology are set to change the global bismaleimide monomer market outlook. Improvements in green synthesis, nanotechnology, and hybrid resin chemistry involving bio-based bismaleimide monomers are enhancing thermal stability and mechanical strength, and such products are increasingly becoming more vital in the aerospace, electronics, and automotive industries. However, production challenges like high production cost, complex production processes, and stringent environmental control standards must be addressed so that market acceptability becomes a reality on a consistent basis. In today's rapidly competitive age, giants Evonik, Hexcel, and Solvay keep leading through strategic partnerships, mergers, and constant R&D, like that with Solvay's 2024 bio-based CYCOM resins for aerospace composites. Commodity markets requiring lighter, high-strength, and environmentally friendly materials for products like 5G circuit boards and EV components witness the market expanding exponentially, with innovative high-performance manufacturing solutions being its promise.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 1.48 million |
Market size value in 2032 | USD 833 million |
Growth Rate | 7.2% |
Base year | 2024 |
Forecast period | 2025–2032 |
Forecast Unit (Value) | USD Million |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Bismaleimide Monomer Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Bismaleimide Monomer Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Bismaleimide Monomer Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Bismaleimide Monomer Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
REQUEST FOR SAMPLE
The global Bismaleimide Monomer market size was valued at USD 1.48 million in 2023 and is poised to grow from USD 450 million in 2024 to USD 833 million by 2032, growing at a CAGR of 7.2% during the forecast period (2025–2032).
Bismaleimide monomer market is dominated by large players such as Evonik Industries and Hexcel Corporation, with high-positioning through new-generation high-performance composites in aerospace, electronics, and motor vehicles. Their good R&D and global presence score high market share. New companies established after 2017 are coming up with cost-effective and eco-friendly products, targeting high-growth markets such as Asia-Pacific, which accounts for 36% of revenue in 2023, to gain niche segments. 'Evonik Industries AG ', 'Hexcel Corporation ', 'Huntsman International LLC ', 'Solvay S.A. ', 'Daiwakasei Industry Co., Ltd. ', 'Willing New Materials Technology Co., Ltd. ', 'Honghu Shuangma Advanced Materials Tech Co., Ltd. ', 'Tokyo Chemical Industry Co., Ltd. ', 'K.I Chemical Industry Co., Ltd. ', 'MPI Chemie B.V. ', 'HOS-Technik Vertriebs- und Produktions-GmbH ', 'ABR Organics Limited ', 'Wuhan Shuangma Advanced Materials Technology Co., Ltd. ', 'Sanjing Polytron Technologies ', 'Puyang Willing Chemicals Co., Ltd.'
Demand from the aerospace and automotive markets for fuel-efficient, light-weight materials propels demand for bismaleimide monomers, particularly composites. For instance, the ramping up of Boeing's 2023 aircraft accelerated applications of 4,4'-Bismaleimidodiphenylmethane in structural parts.
Sustainability and Development of Bio-Based Monomers: The extreme regulation is forcing the market to manufacture more sustainable bismaleimide monomers, such as bio-based monomers, in a bid to reduce environmental effects. This includes Solvay's 2024 bio-based CYCOM resins that position sustainable composites in aerospace and driving market demand.
Why Is North America Leading the Global Bismaleimide Monomer Market ?
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Feedback From Our Clients
Report ID: SQMIG15E2755
[email protected]
USA +1 351-333-4748