Wilmington, Delaware, Nov. 09, 2023 (GLOBE NEWSWIRE) -- According to RationalStat’s most recent market report, the Global Polyimide Films Market value is estimated at US$ 2.6 billion in 2023 and is expected to rise at a strong CAGR of over 8.5% over the forecast period of 2023-2030.
Market Definition, Market Scope, and Report Overview
Polyimide films, sometimes referred to as Kapton, are high-performance polymer films made from polyimide resins. Because of their remarkable thermal, mechanical, electrical, and chemical capabilities, these films are widely used in a variety of sectors.
In the electronics sector, polyimide films are widely utilized for flexible printed circuits, insulating materials in electronic devices, and thermal insulation in electronic components. The growing desire for smaller, lighter, and more powerful electronic gadgets is driving the polyimide film industry.
- According to a deep-dive market assessment by RationalStat, the global Polyimide Films market has been analyzed on the basis of market segments, including application, end user and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.
- Market intelligence for the global Polyimide Films market covers market sizes on the basis of market value (US$/EUR Million) and volume (Tons) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
- In addition, the long-term sector and products/services 10-year outlook and its implications on the global Polyimide Films market. It also includes the industry's current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.
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Global Polyimide Films Market: Segmental and Market Share Analysis
- On the basis of application, in 2021, the flexible printed circuits segment held the greatest proportion of the polyimide films market. This huge proportion is mostly due to polyimide films' exceptional characteristics, which make them a popular material in a variety of end-use industries such as electronics and automobiles.
- On the basis of end user, electronics segment is projected to be the fastest growing end user industry of the polyimide films market.
Report Synopsis
| Report Metrics | Details |
| Base Year | 2023 |
| Forecast Period | 2023-2030 |
| Base Year Market Size | US$ 2.6 billion |
| Market Size Forecast | US$ 4.6 billion |
| Growth Rate | 8.5% |
| Dominant Segment | Electronics |
| Dominant Region | Asia Pacific |
| Key Market Drivers |
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| Companies Profiled |
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Competition Analysis and Market Structure
Some leading players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global polyimide films market include.
- In July 2020, TAIFLEX Scientific Co., Ltd signed an agreement with a group of banks in order to get a syndicate loan. This will help Taiflex Scientific Co., Ltd in the expansion with the rise in revenue and sales value of Taiflex Scientific Co., Ltd.
Some of the prominent players and suppliers operating and contributing significantly to the global polyimide films market growth include UBE Industries Ltd., Arakawa Chemical Industries, Ltd., Taimide Tech. Inc., DuPont, KOLON Industries, SHINMAX Technology Ltd., Saint Gobain, FLEXcon Company, Inc., KANEKA CORPORATION, and Toray Industries, Inc., among others.
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RationalStat has segmented the global polyimide films market based on, application, end user and region
- Global Polyimide Films Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by Application
- Flexible-printed Circuit
- Pressure-sensitive Tape
- Wire & Cable
- Specialty Fabricated Product
- Others
- Global Polyimide Films Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by End User
- Electronics
- Automotive
- Aerospace
- Labelling
- Others
- Global Polyimide Films Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by Region
- North America Polyimide Films Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by Country
- US
- Canada
- Latin America Polyimide Films Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by Country
- Brazil
- Mexico
- Rest of Latin America
- Western Europe Polyimide Films Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by Country
- Germany
- UK
- France
- Spain
- Italy
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe Polyimide Films Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by Country
- Russia
- Poland
- Hungary
- Other CIS Countries
- Rest of Eastern Europe
- Asia Pacific Polyimide Films Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by Country
- China
- Japan
- India
- South Korea
- Australia
- ASEAN
- Indonesia
- Thailand
- Philippines
- Vietnam
- Malaysia
- Rest of ASEAN
- Rest of Asia Pacific
- Middle East & Africa Polyimide Films Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by Country
- GCC
- Saudi Arabia (KSA)
- United Arab Emirates (UAE)
- Rest of the GCC
- South Africa
- Nigeria
- Turkey
- Rest of the Middle East & Africa
- GCC
- North America Polyimide Films Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by Country
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Key Questions Answered in the Polyimide Films Report:
- What will be the market value of the global Polyimide Films market by 2030?
- What is the market size of the global Polyimide Films market?
- What are the market drivers of the global Polyimide Films market?
- What are the key trends in the global Polyimide Films market?
- Which is the leading region in the global Polyimide Films market?
- What are the major companies operating in the global Polyimide Films market?
- What are the market shares by key segments in the global Polyimide Films market?
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Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
- Defining the problem by understanding the type of market and data required by the client.
- Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
- Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
- Evaluating and analyzing the data by referring to data sources utilized and leveraged.
- Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
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RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
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