Polyimide Film Market Size & Forecast Report, 2014 - 2025

The global Polyimide Film Market is estimated to reach USD 3.12 billion by 2025 owing to the revolutionary advancements in the automobile and aerospace industry concerning high-end quality products. Polyimide (PI) films contain polyimide and polymer of imide monomer finds their use in harsh environments to assure reliability and durability. They are highly known for their features like high chemical resistance, temperature resistance, and high dielectric constant.

Due to these properties, PI films are used in the manufacture of heat-resistant electronic components like pressure-sensitive tapes, flexible printed circuits (FPC), and wires. Several polyimide film products are available that possess a unique combination of properties that make them ideal for a variety of applications in multiple industries. Owing to these characteristics, the polyimide films market is predicted to grow at a CAGR of 8.6% in near future.

The use of polyimide films is impacted by the increase in demand for electronic products across the world. These films are used in the manufacturing of flexible circuits that are deployed in several consumer electronics like laptops and smartphones. These films also witness a broader scope in the aerospace industry due to their lightweight feature that helps in fuel-saving & improving engine performance. Owing to these properties, the polyimide film industry is predicted to gain greater traction.

The growing consumer electronic products that are light in weight are projected to stimulate market growth in the years to come. Wireless communication and flexible displays are anticipated to offer lucrative opportunities for the growth of the polyimide films industry in the coming years. However, the market is expected to face obstacles due to the high costs of manufacturing polyimide films since they are produced through film casting techniques that require high temperatures.

Polyimide film market growth will also be restrained from the poor hydrolysis resistance of polyimide films shortly since polyimide films are comparatively low efficient in humid weather. At present, the major market players are focusing on increasing research & development activities for improved manufacturing of polyimide films. Mergers, strategic collaborations, and acquisitions are key strategies followed by major companies to increase their regional presence

The polyimide film industry is categorized based on application, end-user, and geography. Based on application, the market is divided into Flexible Printed Circuit, Specialty Fabricated Product, Pressure Sensitive Tape, Motor/Generator, and Wire & Cable. Based on end-user, the polyimide film market is classified into Electronics, Automotive, Aerospace, Labelling, Medical, and mining & Drilling. Geographically, the market is segmented as North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. The Asia Pacific is projected to dominate the market in the coming years due to the high demand for consumer electronics.

Some of the major players operating in the polyimide film industry are Arakawa Chemicals Industries Ltd., SKCKOLONPI, Inc., E.I. Du Pont De Nemours and Company, FLEXcon Company, Inc., Kaneka Corporation, Saint-Gobain S.A., Taimide Tech. Inc., Ltd., I.S.T. Corporation, UBE Industries Ltd., and Yunda Electronic Materials Co.

Market Segment:

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
        • the U.S.
    • Europe
        • Germany
        • the UK
        • France
    • the Asia Pacific
        • China
        • India
        • Japan
    • Central & South America
    • Middle East & Africa