The global polyimide films market is
anticipated to reach USD 3.12 billion by 2025, according to a new report by
Grand View Research, Inc. Revolutionary advancements in the aerospace and
automobile industry with regards to high-end quality products is expected to
drive the growth of this market.
The flexible printed circuit (FPC) emerged
as the largest and fastest-growing application in the global polyimide films
market. They are used in the manufacturing of flexible printed circuit board in
ink-jet cartridges, printers & scanners, mobile phones, pagers, camcorders,
and military & avionics systems.
Polyimide film has many applications in
electronics, automotive, aerospace, and labeling & labels industry. Many
new product launches have enabled consumers to pick their choice of product
from a wide range of options. The widening of product distribution channels has
made these products readily available to the consumer.
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http://www.grandviewresearch.com/industry-analysis/polyimide-film-market
http://www.grandviewresearch.com/industry-analysis/polyimide-film-market
Further key findings from the report suggest:
· The global polyimide films market was
estimated at USD 1,492.3 million in 2016 and is projected to grow at a growth
rate of 8.6% from 2017 to 2025
· The flexible circuit board sector occupied
the largest market share in 2016 on account of its widespread use in ink-jet
cartridges, printers & scanners, mobile phones, pagers, camcorders, and
military & avionics systems
· FCB has many automotive applications
ranging from dashboard to engine management, and ABS control systems
· Wire & cables are used in various
application where high tensile strength, solvent resistance, flammability and
electrical resistivity is required
· Electronics end-use segment is growing with
the fastest growth rate owing to strong demand for consumer electronics and
increase in electrical components in automobile
· The aerospace segment accounted for 26.1%
of the global revenue and is projected to witness the second highest CAGR over
the forecast period
· Growing disposable income and investment in
innovative devices is anticipated to boost the demand in the electronics
segment
· Increasing investment from government &
private institutions in the automotive and aerospace & defense industry is
projected to contribute to the demand over the coming years
· Key players include E. I. Du Pont De
Nemours and Company, Saint-Gobain, Von Roll Holding AG, Kaneka Corporation and
Arakawa Chemicals Industries
· Research & development activities, new
product launches, acquisition and mergers and technological collaborations are
some of the strategic initiatives taken up by leading companies
Grand View Research has segmented the
global polyimide film market on the basis of application, end-use, and region:
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
·
Europe
·
Asia Pacific
·
Central & South America
·
Middle East & Africa
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.