Global Polyimide Films Market Report
RA07323
Global Polyimide Films Market by Application (Flexible Printed Circuit, Specialty Fabricated Product, Wire & Cable, Pressure Sensitive Tape, and Motor/Generator), End-use (Electronics, Automotive, Aerospace, Labelling, and Others), and Region (North America, Europe, Asia-Pacific, and LAMEA): Opportunity Analysis and Industry Forecast, 2023-2032
Polyimide Film Overview
Polyimide film is a lightweight, flexible polymer-based material with high heat and chemical resistance. It can resist temperatures ranging from -269° C to 400° C. Moreover, it provides strong dielectric qualities in along with excellent heat resistance. It is commonly used in flexible electronics, tapes, multi-layer insulating blankets for space, and a variety of other high heat applications. High tensile strength and tear resistance are provided by the film's mechanical toughness. In addition, it provides outstanding chemical resistance to a variety of solvents and chemicals. Additionally, electrically insulating, polyimide film is appropriate for applications requiring electrical insulation.
Global Polyimide Film Market Analysis
The global polyimide film market size was $2,344.7 million in 2022 and is predicted to grow with a CAGR of 8.1%, by generating a revenue of $5,081.7 million by 2032.
COVID-19 Impact on Global Polyimide Film Market
The outbreak of the COVID-19 pandemic had a significant impact on the global polyimide film market. Global supply chains, particularly those for the manufacture and transportation of the raw ingredients needed to make polyimide film, were disrupted because of the pandemic. The manufacture of polyimide film was disrupted by trade restrictions, lockdown procedures, and reduced workforces in industrial facilities, which in turn hindered the supply and delivery of raw materials.
The demand for polyimide film is projected to rise as economies recover and industry return to normal operations after the relaxation of the pandemic. The market is anticipated to expand post-pandemic due to the extensive use of polyimide film in sectors like electronics, automotive, aerospace, and medical devices.
Growing Demand in Electronics Industry to Drive the Market Growth
The polyimide film market is mostly driven by the electronics sector. Flexible printed circuit boards (PCBs) made of polyimide film are in demand due to the rise in popularity of electronic gadgets including smartphones, tablets, laptops, and wearable technologies. The film is a great option for electronic applications because of its qualities, which include thermal stability, electrical insulation, and flexibility. The usage of thinner and more flexible materials is required by the trend towards smaller and more compact electrical gadgets. The exceptional strength and dimensional stability of polyimide film allow for the performance-preserving miniaturisation of electronic components. In order to manufacture flexible circuits and other microelectronic applications, polyimide film is in high demand.
High Cost to Restrain Market Growth
Comparing polyimide film to other plastic films, it is typically more expensive. The cost is higher because of the production procedure, cost of raw materials, and use of specialised manufacturing techniques. This can be a significant obstacle, especially for applications and sectors where cost reduction is a high priority. The availability of specialised raw ingredients, such as dianhydrides and diamines, is necessary for the fabrication of polyimide film. The restricted supply of these raw materials and their erratic availability may have an impact on their overall production and availability of polyimide film, thereby disrupting the supply chain and driving up costs. A synthetic polymer, polyimide film is not biodegradable. Concerns about sustainability and environmental responsibility may arise from the disposal of polyimide film waste and its effects on the environment. This could increase the need for environmentally friendly substitutes and drive the requirement of stronger recycling and waste management laws.
Emerging Applications in Electric Vehicles to Drive Excellent Opportunities
The market for electric vehicles (EVs) is expanding quickly, which presents a sizable opportunity for the polyimide film market. For uses including battery protection, temperature management, and electrical insulation in electric vehicles, polyimide film is a good choice because of its mechanical strength, electrical insulation, and thermal stability. The need for polyimide film in this industry is rising along with the demand for EVs. The demand for wearable electronics, flexible displays, and flexible printed circuit boards (PCBs) is causing the field of flexible electronics to advance quickly. The need for polyimide film in these applications will rise as technology develops since it is a crucial substrate material for flexible electronics.
Global Polyimide Film Market Share, by Application, 2022
The flexible printed circuit sub-segment accounted for the highest share in 2022. The need for flexible printed circuits has been fuelled by the demand for smaller, lighter, and more compact electronic devices. FPCs enable the manufacture of thin and flexible gadgets such as mobile phones, tablets, wearables, and automotive electronics by reducing the size of electronic parts. A vital substrate material for FPCs is polyimide film because of its superior flexibility, mechanical strength, and dimensional stability. The demand for polyimide film in the FPC industry has been greatly boosted by the rising popularity of flexible displays like OLED and AMOLED screens. The benefits of flexible screens include thinner profiles, curved form factors, and increased durability. Because it offers the required flexibility and thermal stability, polyimide film plays a crucial role in the production of flexible display circuits.
Global Polyimide Film Market Share, by End-use, 2022
The automotive sub-segment accounted for the highest market size in 2022. A broad variety of electronic components, such as advanced driver assistance systems (ADAS), entertainment systems, GPS navigation, sensors, and control modules, are present in modern automobiles. These electrical components' integration calls for circuitry made from trustworthy and long-lasting materials. Due to its strong temperature resistance, mechanical toughness, and electrical insulation, polyimide film is a good choice for automotive electronics applications. To improve fuel efficiency and lower emissions, the automobile industry is concentrating on lightening the load on vehicles. Lightweight polyimide film enables flexible electronic component design and placement while optimising available space. The flexible polyimide film can be used in place of conventional stiff materials by automakers to reduce weight and increase packaging effectiveness.
Global Polyimide Film Market Share, by Region, 2022
The North America polyimide film market accounted for the highest market size in 2022. The greatest market for polyimide film is in the North America region. The electronics and semiconductor industries are well-developed in North America, especially in the United States. The region is home to important producers and suppliers of semiconductor devices, consumer electronics, and electronic components. The fabrication of flexible circuits, screens, and other electronic components makes use of polyimide films extensively, which boosts their demand in North America. America's concentration on technology innovation and advancement is well known. Numerous universities, research centres, and tech-focused businesses are based in the region, which fosters breakthroughs in a wide range of sectors, including the electronics, aircraft, and automotive industry. These developments spur the creation of new uses for polyimide film as well as its wider adoption, fuelling market expansion in North America.
Competitive Scenario in the Global Polyimide Film Market
Product development and geographic expansion are the key strategies opted by the major players in this market. Some of the leading polyimide film market players are DuPont, Goodfellow, Compagnie de Saint-Gobain, Kolon Industries, Inc., KANEKA CORPORATION, Taimide Tech. Inc., I.S.T Corporation, FLEXcon Company, Inc., Arakawa Chemical Industries Ltd., and Anabond.
| Aspect | Particulars |
| Historical Market Estimations | 2021 |
| Base Year for Market Estimation | 2022 |
| Forecast Timeline for Market Projection | 2023-2032 |
| Geographical Scope | North America, Europe, Asia-Pacific, and LAMEA |
| Segmentation by Application |
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| Segmentation by End-use |
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| Key Companies Profiled |
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Q1. What is the size of the polyimide film market?
A. The size of the polyimide film market was over $2,344.7 million in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 8.1% during the forecast period.
Q2. Which are the major companies in the polyimide film market?
A. Arakawa Chemical Industries Ltd. and Compagnie de Saint-Gobain are some of the key players in the global polyimide film market.
Q3. Which region, among others, possesses greater investment opportunities in the near future?
A. The Asia-Pacific region possesses great investment opportunities for investors to witness the most promising growth in the future.
Q4. What are the strategies opted by the leading players in this market?
A. Product development and geographic expansion are the two key strategies opted by the operating companies in this market.
Q5. Which companies are investing more on R&D practices?
A. Arakawa Chemical Industries Ltd. and Compagnie de Saint-Gobain are the companies investing more on R&D activities for developing new products and technologies.
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1. RESEARCH METHODOLOGY
1.1. Desk Research
1.2. Real time insights and validation
1.3. Forecast model
1.4. Assumptions and forecast parameters
1.5. Market size estimation
1.5.1. Top-down approach
1.5.2. Bottom-up approach
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2. REPORT SCOPE
2.1. Market definition
2.2. Key objectives of the study
2.3. Report overview
2.4. Market segmentation
2.5. Overview of the impact of COVID-19 on Global Polyimide Films Market
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3. EXECUTIVE SUMMARY
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4. MARKET OVERVIEW
4.1. Introduction
4.2. Growth impact forces
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.3. Market value chain analysis
4.3.1. List of raw material suppliers
4.3.2. List of manufacturers
4.3.3. List of distributors
4.4. Innovation & sustainability matrices
4.4.1. Technology matrix
4.4.2. Regulatory matrix
4.5. Porter’s five forces analysis
4.5.1. Bargaining power of suppliers
4.5.2. Bargaining power of consumers
4.5.3. Threat of substitutes
4.5.4. Threat of new entrants
4.5.5. Competitive rivalry intensity
4.6. PESTLE analysis
4.6.1. Political
4.6.2. Economical
4.6.3. Social
4.6.4. Technological
4.6.5. Environmental
4.7. Impact of COVID-19 on Polyimide Films Market
4.7.1. Pre-covid market scenario
4.7.2. Post-covid market scenario
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5. Polyimide Films Market, By Type
5.1. Overview
5.2 Flexible Printed Circuits
5.2.1 Definition, key trends, growth factors, and opportunities
5.2.2 Market size analysis, by region, 2020-2027
5.2.3 Market share analysis, by country, 2020-2027
5.3 Specialty Fabricated Products
5.3.1 Definition, key trends, growth factors, and opportunities
5.3.2 Market size analysis, by region, 2020-2027
5.3.3 Market share analysis, by country, 2020-2027
5.4 Pressure Sensitive Tapes
5.4.1 Definition, key trends, growth factors, and opportunities
5.4.2 Market size analysis, by region, 2020-2027
5.4.3 Market share analysis, by country, 2020-2027
5.5 Wires & Cables
5.5.1 Definition, key trends, growth factors, and opportunities
5.5.2 Market size analysis, by region, 2020-2027
5.5.3 Market share analysis, by country, 2020-2027
5.6 Motors/Generators
5.6.1 Definition, key trends, growth factors, and opportunities
5.6.2 Market size analysis, by region, 2020-2027
5.6.3 Market share analysis, by country, 2020-2027
5.7 Research Dive Exclusive Insights
5.7.1 Market attractiveness
5.7.2 Competition heatmap
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6. Polyimide Films Market, By Material
6.1. Overview
6.2 Electronics
6.2.1 Definition, key trends, growth factors, and opportunities
6.2.2 Market size analysis, by region, 2020-2027
6.2.3 Market share analysis, by country, 2020-2027
6.3 Automotive
6.3.1 Definition, key trends, growth factors, and opportunities
6.3.2 Market size analysis, by region, 2020-2027
6.3.3 Market share analysis, by country, 2020-2027
6.4 Aerospace
6.4.1 Definition, key trends, growth factors, and opportunities
6.4.2 Market size analysis, by region, 2020-2027
6.4.3 Market share analysis, by country, 2020-2027
6.5 Labeling
6.5.1 Definition, key trends, growth factors, and opportunities
6.5.2 Market size analysis, by region, 2020-2027
6.5.3 Market share analysis, by country, 2020-2027
6.6 Solar
6.6.1 Definition, key trends, growth factors, and opportunities
6.6.2 Market size analysis, by region, 2020-2027
6.6.3 Market share analysis, by country, 2020-2027
6.7 Others
6.7.1 Definition, key trends, growth factors, and opportunities
6.7.2 Market size analysis, by region, 2020-2027
6.7.3 Market share analysis, by country, 2020-2027
6.8 Research Dive Exclusive Insights
6.8.1 Market attractiveness
6.8.2 Competition heatmap
7. Polyimide Films Market, By Region
7.1 North America
7.1.1 U.S
7.1.1.1 Market size analysis, By Type, 2020-2027
7.1.1.2 Market size analysis, By Material, 2020-2027
7.1.2 Canada
7.1.2.1 Market size analysis, By Type, 2020-2027
7.1.2.2 Market size analysis, By Material, 2020-2027
7.1.3 Mexico
7.1.3.1 Market size analysis, By Type, 2020-2027
7.1.3.2 Market size analysis, By Material, 2020-2027
7.1.4 Research Dive Exclusive Insights
7.1.4.1 Market attractiveness
7.1.4.2 Competition heatmap
7.2 Europe
7.2.1 Germany
7.2.1.1 Market size analysis, By Type, 2020-2027
7.2.1.2 Market size analysis, By Material, 2020-2027
7.2.2 UK
7.2.2.1 Market size analysis, By Type, 2020-2027
7.2.2.2 Market size analysis, By Material, 2020-2027
7.2.3 France
7.2.3.1 Market size analysis, By Type, 2020-2027
7.2.3.2 Market size analysis, By Material, 2020-2027
7.2.4 Spain
7.2.4.1 Market size analysis, By Type, 2020-2027
7.2.4.2 Market size analysis, By Material, 2020-2027
7.2.5 Italy
7.2.5.1 Market size analysis, By Type, 2020-2027
7.2.5.2 Market size analysis, By Material, 2020-2027
7.2.6 Rest of Europe
7.2.6.1 Market size analysis, By Type, 2020-2027
7.2.6.2 Market size analysis, By Material, 2020-2027
7.2.7 Research Dive Exclusive Insights
7.2.7.1 Market attractiveness
7.2.7.2 Competition heatmap
7.3 Asia-Pacific
7.3.1 China
7.3.1.1 Market size analysis, By Type, 2020-2027
7.3.1.2 Market size analysis, By Material, 2020-2027
7.3.2 Japan
7.3.2.1 Market size analysis, By Type, 2020-2027
7.3.2.2 Market size analysis, By Material, 2020-2027
7.3.3 India
7.3.3.1 Market size analysis, By Type, 2020-2027
7.3.3.2 Market size analysis, By Material, 2020-2027
7.3.4 Australia
7.3.4.1 Market size analysis, By Type, 2020-2027
7.3.4.2 Market size analysis, By Material, 2020-2027
7.3.5 South Korea
7.3.5.1 Market size analysis, By Type, 2020-2027
7.3.5.2 Market size analysis, By Material, 2020-2027
7.3.6 Rest of Asia-Pacific
7.3.6.1 Market size analysis, By Type, 2020-2027
7.3.6.2 Market size analysis, By Material, 2020-2027
7.3.7 Research Dive Exclusive Insights
7.3.7.1 Market attractiveness
7.3.7.2 Competition heatmap
7.4 LAMEA
7.4.1 Brazil
7.4.1.1 Market size analysis, By Type, 2020-2027
7.4.1.2 Market size analysis, By Material, 2020-2027
7.4.2 Saudi Arabia
7.4.2.1 Market size analysis, By Type, 2020-2027
7.4.2.2 Market size analysis, By Material, 2020-2027
7.4.3 UAE
7.4.3.1 Market size analysis, By Type, 2020-2027
7.4.3.2 Market size analysis, By Material, 2020-2027
7.4.4 South Africa
7.4.4.1 Market size analysis, By Type, 2020-2027
7.4.4.2 Market size analysis, By Material, 2020-2027
7.4.5 Rest of LAMEA
7.4.5.1 Market size analysis, By Type, 2020-2027
7.4.5.2 Market size analysis, By Material, 2020-2027
7.4.6 Research Dive Exclusive Insights
7.4.6.1 Market attractiveness
7.4.6.2 Competition heatmap
8. Competitive Landscape
8.1 Top winning strategies, 2020-2027
8.1.1 By strategy
8.1.2 By year
8.2 Strategic overview
8.3 Market share analysis, 2020-2027
9. Company Profiles
9.1 E. I. du Pont de Nemours and Company
9.1.1 Overview
9.1.2 Business segments
9.1.3 Product portfolio
9.1.4 Financial performance
9.1.5 Recent developments
9.1.6 SWOT analysis
9.2 Toray Industries Inc.
9.2.1 Overview
9.2.2 Business segments
9.2.3 Product portfolio
9.2.4 Financial performance
9.2.5 Recent developments
9.2.6 SWOT analysis
9.3 PI 73 Co.,Ltd.
9.3.1 Overview
9.3.2 Business segments
9.3.3 Product portfolio
9.3.4 Financial performance
9.3.5 Recent developments
9.3.6 SWOT analysis
9.4 Kaneka Corporation
9.4.1 Overview
9.4.2 Business segments
9.4.3 Product portfolio
9.4.4 Financial performance
9.4.5 Recent developments
9.4.6 SWOT analysis
9.5 Ube Industries
9.5.1 Overview
9.5.2 Business segments
9.5.3 Product portfolio
9.5.4 Financial performance
9.5.5 Recent developments
9.5.6 SWOT analysis
9.6 Taimide Tech. Inc.
9.6.1 Overview
9.6.2 Business segments
9.6.3 Product portfolio
9.6.4 Financial performance
9.6.5 Recent developments
9.6.6 SWOT analysis
9.7 Arakawa Chemicals Industries Inc.
9.7.1 Overview
9.7.2 Business segments
9.7.3 Product portfolio
9.7.4 Financial performance
9.7.5 Recent developments
9.7.6 SWOT analysis
9.8 Shinmax Technology Ltd.
9.8.1 Overview
9.8.2 Business segments
9.8.3 Product portfolio
9.8.4 Financial performance
9.8.5 Recent developments
9.8.6 SWOT analysis
9.9 FLEXcon Company, Inc.
9.9.1 Overview
9.9.2 Business segments
9.9.3 Product portfolio
9.9.4 Financial performance
9.9.5 Recent developments
9.9.6 SWOT analysis
9.10 Company 10
9.10.1 Overview
9.10.2 Business segments
9.10.3 Product portfolio
9.10.4 Financial performance
9.10.5 Recent developments
9.10.6 SWOT analysis
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