Global PolyimideFilm Market is estimated to reach USD 3.12 billion by 2025 owing to the revolutionary advancements in automobile and aerospace industry concerning to high-end quality products. Polyimide (PI) films contain polyimide and polymer of imide monomer finds their use in harsh environments to assure reliability and durability. They are highly known for their features like high chemical resistance, temperature resistance and high dielectric constant.
Due
to these properties, PI films are used in manufacture of heat resistant
electronic components like pressure sensitive tapes, flexible printed circuits
(FPC) and wires. Several polyimide film products are available that possess
unique combination of properties that make it ideal for a variety of
applications in multiple industries. Owing to these characteristics, polyimide
films market is predicted grow at a CAGR of 8.6% in near future.
The
use of polyimide films are impacted by the increase in demand for electronic
products across the world. These films are used in manufacturing of flexible circuits
that are deployed in several consumer electronic like laptops and smartphones.
These films also witness a broader scope in the aerospace industry due to their
lightweight feature that helps in fuel saving & improving engine
performance. Owing to these properties, polyimide film industry is predicted to
gain a greater traction.
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The
growing consumer electronic products that are light in weight is projected to
stimulate the market growth in the years to come. Wireless communication and
flexible displays are anticipated to offer lucrative opportunities for the
growth of polyimide films industry in the coming years. However, the market is
expected to face obstacles due to high costs of manufacturing of polyimide
films since they are produced through film casting techniques that require high
temperature.
Polyimide
film market growth will also be restrained from the poor hydrolysis resistance
of polyimide films in near future since polyimide films are comparatively low
efficient in the humid weather. At present, the major market players are
focusing on increasing research & development activities for improved
manufacturing of polyimide films. Mergers, strategic collaborations, and
acquisitions are key strategies followed by major companies in order to increase
their regional presence
Polyimide
film industry is categorized on the basis of application, end-user and
geography. On the basis of application, the market is divided into Flexible
Printed Circuit, Specialty Fabricated Product, Pressure Sensitive Tape,
Motor/Generator, and Wire & Cable. On the basis of end-user, polyimide film
market is classified into Electronics, Automotive, Aerospace, Labelling,
Medical, and mining & Drilling. Geographically, the market is segmented as
North America, Latin America, Asia Pacific, Europe, and Middle East &
Africa. Asia pacific is projected to dominate the market in the coming years
due to the high demand for consumer electronics.
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Some
of the major players operating in the polyimide film industry are Arakawa
Chemicals Industries Ltd., SKCKOLONPI, Inc., E.I. Du Pont De Nemours and
Company, FLEXcon Company, Inc., Kaneka Corporation, Saint-Gobain S.A., Taimide
Tech. Inc., Ltd., I.S.T. Corporation, UBE Industries Ltd., and Yunda Electronic
Materials Co.
Market
Segment:
Application
Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
• Flexible printed circuit
• Wire & cable
• Pressure sensitive tape
• Specialty fabricated product
• Motor/Generator
End-use
Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
• Electronics
• Aerospace
• Automotive
• Labeling
• Others
Regional
Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
• North America
• U.S.
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• India
• Japan
• Central & South America
• Middle East & Africa
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