Press Release

Nov, 28 2022

Increasing Demand for Polyimide Films in Electronic Components Drive the Demand for Polyimide Films Market

The rapid mechanization of various industries is increasing the use of flexible printed circuits (FPCs). The demand for polyimide films to ensure their reliability is increasing, because flexible printed circuit (FPC) is one of the most important components of an electronic system. Polyimide films are temperature and heat resistant, so they are essential in maintaining the functionality of flexible printed circuits (FPCs), which is driving industry growth. Furthermore, the flexibility of polyimide films makes it ideal for preventing wire wear and tear. As a result, it is widely used in various electronic devices, fueling the growth of the polyimide films industry.

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Data Bridge Market Research analyses that the polyimide films market is expected to grow at a CAGR of 7.8% in the forecast period of 2023 to 2030 and is expected to reach USD 3416526.96 thousand by 2022 and USD 6230672.71 thousand by 2030.

Polyimide Films Market

Increasing use of polyimide films is expected to drive the market

The extensive use of polyimide films in the electronics industry is assisting the market for polyimide films. Polyimide films' thermal conductivity, lightweight, and high mechanical strength make them ideal for managing electrical assemblies, which is driving market growth. Furthermore, the use of polyimide films in synchrotron beamlines of x-ray sources due to their thermal stability and radiation resistance in x-ray devices is driving market growth. It is also used in the medical industry in wound tubes, which is expected to drive industry growth.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2021

Historic Years

2020 (Customizable to 2015 - 2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Raw Materials (Pyromellitic Dianhydride (PMDA), 4,4’-Oxydianiline (ODA), Biphenyl-Tetracarboxylic Acid Dianhydride (BPDA), Phenylenediamine (PDA)), Film Thickness (0.5 mil, 1 mil, 2 mil, 3 mil, 5 mil and Others), Color (Amber, White, Transparent and Others), Distribution Channel (E-Commerce, Specialty Stores and Others), Application (Flexible Printed Circuits, Specialty Fabricated Products, Pressure Sensitive Tapes, Wires & Cables, Motors/Generators, Insulation Blankets, Insulation Tubing, Etching, Lithium-Ion Battery Cell/Pouch Wrap, Ceramic Board Replacement, Thermally Conductive Flex Circuits, Shims and Others), End-User (Electronics, Automotive, Aerospace, Solar, Medical, Mining and Drillings, Building and Construction, Labelling, Chemical Processing, Plastics and Packaging, Industrial, Energy and Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Saint-Gobain (France), 3M (U.S.), DuPont (U.S.), NITTO DENKO CORPORATION (Japan), UBE INDUSTRIES,LTD. (Japan), Parafix Tapes & Conversions Ltd. (U.K.), TORAY INDUSTRIES, INC (Japan), TAIMIDE (Taiwan), Von Roll Holding AG (Switzerland), Polyonics (U.S.), Industrial Summit Technology Corp (U.S.), Evertech Envisafe Ecology Co., Ltd (Taiwan), TAIFLEX Scientific Co., Ltd. (Taiwan), Kolon Industries, Inc. (South Korea), Boyd Corporatio(U.S.), MITSUBISHI GAS CHEMICAL COMPANY, INC (Tokyo)

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Segment Analysis:

Global polyimide films market is categorized into six notable segments which are raw materials, film thickness, color, distribution channel, application and end- user

  • On the basis of raw materials, the polyimide films market is segmented into pyromelliticdianhydride (PMDA), 4, 4’-oxydianiline (ODA), biphenyl-tetracarboxylic acid dianhydride (BPDA), phenylenediamine (PDA). Pyromelliticdianhydride (PMDA) is expected to dominate the market and is expected to reach from USD 3313475.05 thousand in 2030 because of the rise in demand in automobile and aerospace industry.
  • On the basis of film thickness, the polyimide films market is segmented 0.5 mil, 1 mil, 2 mil,3 mil, 5 mil and others. 

1 mil is expected to dominate the polyimide films market

1 mil is expected to dominate the market and is expected to reach from USD 2594414.11 thousand in 2030 because of the huge application of 1 mil in the medical industry.

  • On the basis of color, the polyimide films market is segmented into amber, white, transparent and others. Transparent is expected to dominate the market and is expected to reach from USD 3060039.91 Thousand in 2030 due to rise in awareness about the variety of electronics products with rise in income level that drives the market of transparent films.
  • On the basis of distribution channel, the polyimide films market is segmented into e-commerce, specialty stores, and others. E-commerce is expected to dominate the market and is expected to reach from USD 2797332.76 Thousand in 2030 because of rise in use of internet for shopping with strong internet network.  
  • On the basis of application, the polyimide films market is segmented into flexible printed circuits, specialty fabricated products, pressure sensitive tapes, wires & cables, motors/generators, insulation blankets, insulation tubing, etching, lithium-ion battery cell/pouch wrap, ceramic board replacement, thermally conductive flex circuits, shims and others.

Pressure sensitive tapes is expected to dominate the polyimide films market

Pressure sensitive tapes is expected to dominate the market and is expected to reach from USD 1249897.19 thousand in 2030 because of rise in the demand of automobile industry.

  • On the basis of end-user, the polyimide films market is segmented into electronics, automotive, aerospace, solar, medical, mining and drillings, building and construction, labelling, chemical processing, plastics and packaging, industrial, energy, and others. Electronics is expected to dominate the market and is expected to reach USD 1292484.27 thousand in 2030 because of rise in usage of electronics products in fulfilment of daily life related works.

Major Players

Data Bridge Market Research recognizes the following companies as the major polyimide films market players in polyimide films market are Saint-Gobain (France), 3M (U.S.), DuPont (U.S.), NITTO DENKO CORPORATION (Japan), UBE INDUSTRIES,LTD. (Japan), Parafix Tapes & Conversions Ltd. (U.K.), TORAY INDUSTRIES, INC (Japan), TAIMIDE (Taiwan), Von Roll Holding AG (Switzerland), Polyonics (U.S.), Industrial Summit Technology Corp (U.S.), Evertech Envisafe Ecology Co., Ltd (Taiwan), TAIFLEX Scientific Co., Ltd. (Taiwan), Kolon Industries, Inc. (South Korea), Boyd Corporatio(U.S.), MITSUBISHI GAS CHEMICAL COMPANY, INC (Tokyo)

Polyimide Films Market

Market Development

  • In July 2020, TAIFLEX Scientific Co., Ltd signed an agreement with a group of banks to obtain a syndicate loan. With an increase in revenue and sales value, Taiflex Scientific Co., Ltd will be able to expand further.
  • In February 2020, Von Roll Holding AG launched a CDM and Durapol solution for printed circuit board production. Von Roll Holding AG's revenue will rise as a result of this.
  • In December 2020, Ube Machinery Corporation, Ltd., one of UBE Group's core business companies, announced the launch of large-sized HH (Double Helix) Series electric injection moulding machines. This will increase UBE Industries, Inc.'s sales and revenue.

Regional Analysis

Geographically, the countries covered in the polyimide films market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

As per Data Bridge Market Research analysis:

North America is the dominant region in polyimide films market during the forecast period 2023 - 2030

In 2022, North America dominated the polyimide films market due to the increasing demand of aerospace industry in the region.

Asia-Pacific is estimated to be the fastest growing region in polyimide films market the forecast period 2023 - 2030

Asia-Pacific is expected to grow during the forecast period because of increasing manufacturing unit’s expansion and use in electronics industry.

For more detailed information about the polyimide films market report, click here – https://www.databridgemarketresearch.com/reports/global-polyimide-film-market


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