According to the Global Polyimide Films Market is expected to grow from $1.59 billion in 2016 to reach $3.5 billion by 2023 with a CAGR of 11.9%. Mechanical properties and superior thermal of polyimide films in comparison to other polymers and growing automotive industry are some of the major factors driving the market. High cost of polyimide films acts as a major restraint to the growth of the market. Increasing demand for polyimide films in emerging nations and preference for transparent polyimide films are some of the vital opportunities for the polyimide films industry.
Electronics is the fastest growing end-use industry segment in the global polyimide films market, because of its designing flexibility for component manufacturers and equipment designers. Based on application, the flexible printed circuit segment is predicted to grow at the highest CAGR due to its wide usage by various end-use industries. Among all regions, Asia-Pacific is projected to lead market during the forecast period due to the rising disposable incomes and growing electronics consumption products.
Some of the key players in Global Polyimide Films Market include E. I. Du Pont De Nemours and Company, Kolon Industries, Inc, Kaneka Corporation, Saint-Gobain, Skckolonpi Co.Ltd, UBE Industries Limited, Arakawa Chemicals Industries, Ltd., Taimide Tech, Inc., Du Pont-Toray Co. Ltd., Flexcon Company, Inc., Yongkang Haotai Industry and Trade Co., Ltd., I.S.T Corporation, Liyang Huajing Electronic Material Co., Ltd, Yunda Electronic Materials Co., Ltd., Anabond Limited, Suzhou Kying Industrial Materials Co., Ltd, Von Roll Holding AG, Shinmax Technology Ltd, and Tianjin Hengji International Trade Co., Ltd.
Flexible Printed Circuit (FPC)
Pressure Sensitive Tape
Specialty Fabricated Product
Wire & Cable
End Users Covered:
Other End Users
o Mining & Drilling
o Rest of Europe
o New Zealand
o South Korea
o Rest of Asia Pacific
o Rest of South America
Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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