AbstractImpact resistant plastic foam of dehydrochlorinated poly(vinyl chloride) (DHPVC)—poly(methyl methacrylate) (PMMA) was prepared for cryogenic insulation in space vehicle by the method of compression molding and chemical blowing. Impact resistance was achieved by the formation of the polymer blend, dehydrochlorinated poly(vinyl chloride)‐poly(methyl methacrylate), during the process of foaming the mold at the temperature of 200°C. The polymer blend was separated from the plastic foam and the compatibility was investigated by ultraviolet, infrared spectral studies and differential scanning calorimetry (DSC). The compatibility of dehydrochlorinated poly(vinyl chloride) and poly(methyl methacrylate) was highlighted on the basis of allylic activation introduced in the thermally modified poly(vinyl chloride). The thermodynamic views were also correlated. The versatility of the present method for impact‐resistant foam was point