The global polyimide films market is projected to reach around US$ 2228.3 Billion by 2030, exhibiting a CAGR of 6.9% during the forecast period (2023-2030).
Report Coverage |
Report Details |
Base Year: |
2022 |
Market Size in 2023: |
US$ 1,400.2 Bn |
Historical Data for: |
2018 to 2021 |
Forecast Period: |
2023 - 2030 |
Forecast Period 2023 to 2030 CAGR: |
6.90% |
2030 Value Projection: |
US$ 2,228.3 Bn |
Global Polyimide Films Market Share (%), By Region, 2023
Several high-performance polyimide films have been developed in recent years. These films are extensively used in manufacturing of electrical insulation, microelectronics, and optoelectronic display . These are also used in flexible active-matrix organic light-emitting diode displays, which must incorporate solar cells to function. Growing electronics industry is expecetd to boost demand for polyimide films.. These films are highly resistant to high-temperature environments, and offer a wide range of thicknesses and properties. The global polyimide films market is experiencing significant growth and is expected to continue expanding in the coming years. Key factors driving this growth include the rising demand for consumer electronics, automotive, aerospace, and labeling applications
Market Dynamics
Inreasing demand for electronics and other gadgets such as smartphones, computers, and tablets can boost global polyimide films market growth. The global polyimide films market is driven by various factors, including increased demand from the electronics industry, strong demand from the growing automotive and aerospace sectors, and the expansion of the electronics manufacturing sector in China. However, the market also faces challenges such as the high level of technical competency required in the processing of polyimide films and tapes Polyimide films offer long-term stability, high electrical conductivity, and thermal resistance. These characteristics help to ensure the reliability of flexible printed circuits. These devices have become an integral part of many electronic systems. Moreover, rapid development of the aerospace industry and growing consumer electronics industry are again projected to drive the market growth. Increased use of flexible printed circuits will further fuel the market growth.
One of the major limitations of the polyimide films market is the high cost of processing. This factor is expected to hinder the market growth.
Key features of the study:
- This report provides an in-depth analysis of the global polyimide films market and provides market size (US$ Bn) and Compound Annual Growth Rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global polyimide films market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- The key companies covered as a part of this study include Arakawa Chemicals Industries Ltd, Du Pont-Toray Co. Ltd, DuPont, Flexcon Company Inc., IST Corporation, Kaneka Corporation, Liyang Huajing Electronic Material Co. Ltd, Saint-Gobain Performance Plastics, Shinmax Technology Ltd, PI Advanced Materials Co. Ltd, Suzhou Kying Industrial Materials Co. Ltd, Taimide Tech Inc., Tianjin Hengji International Trade Co. Ltd, UBE Industries Ltd, Yunda Electronic Materials Co. Ltd, and Zhejiang Hecheng Electric Technology Co. Ltd
- Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, technology up-gradation, market expansion, and marketing tactics
- The global polyimide films market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global polyimide films market
Detailed Segmentation:
- By Application
- Flexible Printed Circuit
- Specialty Fabricated Product
- Pressure Sensitive Tape
- Wire and Cable
- Motor/Generator
- By End User
- Electronics
- Automotive
- Aerospace
- Labelling
- Other End User
- By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
- Company Profile
- Arakawa Chemicals Industries Ltd
- Du Pont-Toray Co. Ltd
- DuPont
- Flexcon Company Inc.
- IST Corporation
- Kaneka Corporation
- Liyang Huajing Electronic Material Co. Ltd
- Saint-Gobain Performance Plastics
- Shinmax Technology Ltd
- PI Advanced Materials Co. Ltd
- Suzhou Kying Industrial Materials Co. Ltd
- Taimide Tech Inc.
- Tianjin Hengji International Trade Co. Ltd
- UBE Industries Ltd
- Yunda Electronic Materials Co. Ltd
- Zhejiang Hecheng Electric Technology Co. Ltd