According to the recent study the polyimide film market is projected to reach an estimated $4 billion by 2030 at a CAGR of 8% from 2024 to 2030. Growth in this market is primarily driven by 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.
Browse 105 figures/charts
and 88 tables in this 180-page report to understand trends, opportunities and
forecast in polyimide film market by application (flexible printed circuits,
specialty fabricated products, pressure sensitive tape, wire and cable, and
motor/generator), end use industry (electronics, automotive, aerospace,
labeling, and other end use industries), and region (North America, Europe,
Asia Pacific, and the Rest of the World).
“Flexible printed circuits market is expected to remain the largest
segment during the forecast period.”
Based on application,
the polyimide film market is segmented into flexible printed circuits,
specialty fabricated products, pressure sensitive tape, wire and cable, and
motor/generator. Lucintel forecasts that the flexible printed circuits is
expected to witness the largest segment and 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.
“Within the polyimide film market, the electronics segment is
expected to remain the largest end use industry.”
Based on end use
industry, the electronics segment is expected to witness the largest segment and
witness the highest growth during the forecast 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.
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“Asia Pacific will dominate the polyimide film market in near
future.”
Asia Pacific is expected
to be the largest region and it 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.
Major players of
polyimide film market are adopting various growth strategies like new product
launches, expansions, merger and acquisitions, partnerships, agreements, and
collaborations to expand their presence in this market. PI Advanced Materials,
DuPont, Kaneka Corporation, Toray Industries, and Ube Industries are among the
major polyimide film providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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