Polyimide Films Market - Global Industry Analysis & Forecast | 2025
Global Polyimide Films Market: Snapshot
Polyimide
films used widely in electronics, aerospace, and aircraft industry as
they are capable of withstanding high temperatures they are widely used
to make flexible printed circuit boards and pressure sensitive tapes.
Polyimide films enable implementation of compact and complex assemblies
which minimizes size and weight. Polyimide films can withstand
temperatures above 3000 C and are widely used for insulating wires and
cables of motors and generators. Due to their lightweight they are also
used in insulating the wires of aircrafts as it provides significant
weight savings. According to the research report, the global polyimide
films market is expected to be worth US$ 1770.1 mn by 2024 from US$927.7
mn in 2015. During the forecast period of 2016 and 2024, the overall
global market is likely to register a CAGR of 7.5%.
This
124 page report gives readers a comprehensive overview of the Polyimide
Films Market. Browse through to unlock the hidden opportunities in this
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The
increasing trend of miniaturization of electronic products and
increasing demand for heat and fire resistant insulation films are
expected to drive the market during the forecast period. However, the
high cost of processing of polyimide films and its tendency to get
hydrolyzed and shrink are anticipated to hamper the market during the
forecast period. The application of polyimide films in flexible and thin
photovoltaic materials and colorless polyimide films are expected to be
the area of opportunity for polyimide films. Polyimide films are an
ideal choice for usage as substrates in photovoltaic materials due to
their high performance in the electronics industry, flexibility, and
resistance to high temperature.
Flexible Printed Circuit Boards to Dominate Global Polyimide Films Market Over Forecast Period
Key
applications of polyimide films include flexible printed circuit boards
which accounts for more than 70% share of the global polyimide films
market and is likely to be a highly lucrative segment during the
forecast period. Wires and Cable insulation is expected to expand
significantly during the forecast period. However the threat of
substitutes from polyethylene terephthalate (PET) film and polyethylene
naphthalate (PEN) film is expected to remain low during the forecast
period due to the fact that, polyimide film has the advantageous
characteristics of retaining its properties at high processing
temperatures and provide a high range of operating temperature which is
in contrast to PET and PEN films.
Asia Pacific to Offer Tremendous Scope for Growth to the Global Market
The
global polyimide films market is anticipated to expand during the
forecast period. In terms of volume, Asia Pacific above 40% share of the
global polyimide films market in 2015 owing the huge electronics
industry in China, Japan, and Taiwan. North America is likely to follow
Asia Pacific in terms of consumption. It is likely to expand due to huge
aerospace industry in the region. Europe is also forecasted to expand
during the forecast period.
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The
key players of polyimide films market include Kaneka Corporation,
DuPont, SKCKOLONPI Co. Ltd, Anabond Limited, Taimide Tech Inc., I.S.T.
Corporation, Saint-Gobain Performance Plastics, UBE Industries Ltd,
Toyobo Co. Ltd. DuPont and SKCKOLON PI are anticipated to be the leading
manufacturers of polyimide films. Manufacturers are augmenting their
production capacity to meet increasing demand from end user industries.
Also, manufacturers of polyimide films are investing huge amounts in
R&D for developing polyimide films which is shrinkage free. The
manufacturers of polyimide film in China have eaten up the share of
major manufacturers as Chinese polyimide films are available in low
cost.

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