PUBLISHER: Lucintel | PRODUCT CODE: 1448430
PUBLISHER: Lucintel | PRODUCT CODE: 1448430
According to a new market report published by Lucintel, the future of the polyimide film market looks attractive with opportunities in the electronics, automotive, aerospace, labeling, medical, and mining and drilling industries. The global polyimide film market is expected to reach an estimated $4.4 billion by 2030 with a CAGR of 8.0% from 2024 to 2030. The major drivers for this market are increasing demand from end use industries such as electronics, automotive, and aerospace, and increasing penetration of polyimide film due to its excellent chemical, thermal, and physical properties over wide temperature range as compared to substitute films.
Emerging trends, which have a direct impact on the dynamics of the industry, include introduction of colorless polyimide film and development of polyimide film for 5g communication, AI, and others. PI Advanced Materials, DuPont, Kaneka Corporation, Toray Industries, and Ube Industries are among the major suppliers of polyimide film.
A total of 105 figures / charts and 88 tables are provided in this 180-page report to help in your business decisions. Sample figures with insights are shown below.
In this market, electronics is the largest end use market, whereas flexible printed circuit is largest in application type. Growth in various segment of the polyimide film market are given below:
The study includes trends and forecasts for the global polyimide film market by application, end use industry, and region as follows:
Lucintel forecasts that the flexible printed circuits is expected to remain the largest application; it is also expected to witness the highest growth in the forecast period due to high demand for rigid-flex PCBs from telecommunication industry, growth in connected device, and advancement in automotive electronics.
Lucintel predicts that the demand for polyimide films in electronics is expected to remain the largest end use industry; it is also expected to witness the highest growth during the forecast period, supported by the growth in demand for consumer electronics devices, smart wearable, and growth in IoT and communication technology. The ability to provide lightweight package in electric insulation applications is also a contributing factor in the growth of polyimide film in electronics industry.
Asia Pacific is expected to remain the largest market by value and volume and is also expected to witness the highest growth over the forecast period because of growth in the demand for flexible and superior quality films in various applications of electronics, automotive, and aerospace sectors considering economic expansions in India and China.
Features of the polyimide Film Market