Polyimide Films Market Growth Opportunities by Regions, Type and Application; Trends Forecast

The increasing application of polyimide (PI) films in various industries, such as semiconductor & electronics, medical equipment manufacturing, and aerospace, and the emergence of polyimide tubing are some of the factors behind the healthy growth of the polyimide films market. In 2016, the market generated a revenue of $1,850.0 million, and it is predicted to value at $3,608.3 million by 2023, progressing at a CAGR of 10.1% during the forecast period (2017–2023). PI films are used in applications where a substantial and definitive performance is needed.

GLOBAL POLYIMIDE FILMS MARKET, BY GEOGRAPHY

North America Polyimide Films Market

• By Application
• By End-User
• By Country – U.S. and Canada

Europe Polyimide Films Market

• By Application
• By End-User
• By Country – Germany, Italy, France, U.K., Spain, Russia and Rest of Europe

Asia-Pacific Polyimide Films Market

• By Application
• By End-User
• By Country – China, Japan, India, South Korea, Taiwan and Rest of Asia-Pacific

Latin America Polyimide Films Market

• By Application
• By End-User
• By Country – Brazil, Mexico, Argentina, and Rest of Latin America

Middle East and Africa (MEA) Polyimide Films Market

• By Application
• By End-User
• By Country – Saudi Arabia, UAE, Qatar, South Africa and Rest of MEA

The increasing use of consumer electronics, such as mobile phones and flexible displays fabricated with polyimide films, are boosting the growth of the PI films market. With rapid developments in technology, a revolution is being witnessed in the devices’ materials and coatings. This has boosted the popularity of polyimide tubing, which is a lightweight thermoset plastic with heat and chemical resistance and flexibility. Besides, the capabilities of polyimide tubing are gaining acknowledgment in the medical design sector due to the growing need for minimally invasive surgical devices.

Production of Polyimide Films

5.1 Global Production of Polyimide Films

5.2 Production Capacity of Polyimide Films of Major Producers

5.3 Consumption of Raw Materials in Polyimide Films Manufacturing

5.3.1 Consumption of Beta-Picoline in Polyimide Films

5.3.1.1 Consumption of beta-picoline in polyimide films market, by region

5.3.2 Consumption of Acetic Anhydride in Polyimide Films

5.3.2.1 Consumption of acetic anhydride in polyimide films market, by region

5.4 Beta-Picoline and Acetic Anhydride Consumption by Leading Polyimide Film Producers

5.4.1 Insights from Primary Interviews

Hence, owing to such properties, PI films are used in a wide range of industries, such as medical, industrial, electronics, and military, which, in turn, is resulting in the healthy growth of the polyimide films market. These films are used in the manufacturing of flexible printed-circuit boards, rotating machines, electronic wires, integrated circuits, and recording equipment. In addition, these films are also used in coil, magnetic wire, capacitor and transformer insulation, and in gold leaf masking during wave soldering.

Hence, the rising application of PI films in various industries and the rapid emergence of polyimide tubing are some of the reasons behind the massive growth of the market.