What is the future of Polyimide Film Market? Know Covid Impact on Size, Share & Forecasts

What is the future of Polyimide Film Market? Know Covid Impact on Size, Share & Forecasts

June 25, 2020

The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Polyimide Film Market.

It was estimated prior to this unanticipated outbreak that the Polyimide Film Market was expected to grow at a CAGR of 11.2% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

 

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Polyimide Films are mainly general purpose films, known to maintain its mechanical properties even in the toughest of situations. They are known to offer great physical, thermal, chemical, and electrical properties in a wide range of temperatures.

Polyimide Films have their application in flexible printed circuits, specialty fabricated products, pressure-sensitive tapes, wires & cables, and motors or generators. These films are highly used in different industries such as electronics, automotive, aerospace, solar, labeling, and many others.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

 

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Based on the application type, the market is segmented as flexible printed circuits, specialty fabricated products, pressure sensitive tapes, wires & cables, and motors/generators.  The flexible printed circuits segment is estimated to register high growth in the coming five years. It is also the largest and fastest-growing application during the forecast period. The growth is attributed to its increasing demand in end-use industries, such as automotive and consumer electronics.

Based on the end-use industry type, the market is segmented as electronics, automotive, aerospace, solar, labeling, and others. The electronics segment is expected to have high growth during the forecast period. Polyimide films find extensive application in electronics industry, such as capacitor and transformer insulation, oil insulation, magnetic wire insulation, and in gold leaf masking in the process of wave soldering. All of these factors drive the growth of this segment

In terms of regions, Asia-Pacific is expected to register high growth in the coming five years for polyimide films. The region is also expected to be the fastest-growing market. China and India are the growth engines of the region. The market is driven by rising disposable income, innovation, price deflation, and increasing demand from consumer electronics industry. North America and Europe are also expected to offer considerable growth opportunities during the forecast period.

 

Key Players:

Some of the polyimide film manufacturers are E. I. Du Pont De Nemours and Company, Kolon Industries, Inc., Kaneka Corporation, Skckolonpi Co.Ltd., UBE Industries Limited, Arakawa Chemicals Industries, Ltd., Taimide Tech, Inc., Du Pont-Toray Co. Ltd., Flexcon Company, Inc., and Yongkang Haotai Industry and Trade Co., Ltd. 

 

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

 

The Polyimide Film Market analysis report discusses the following heads in great detail:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis
  • COVID-19 Impact Assessment
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • Market trend and forecast analysis
  • Market segment trend and forecast
  • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
  • Attractive market segments and associated growth opportunities
  • Emerging trends
  • Strategic growth opportunities for the existing and new players
  • Key success factors 

 

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Author : Emily

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