The global polyimidefilms market is
anticipated to reach USD 3.12 billion by 2025, according to a new report by
Grand View Research, Inc. Revolutionary advancements in the aerospace and
automobile industry with regards to high-end quality products is expected to
drive the growth of this market.
The flexible printed circuit (FPC) emerged as the largest
and fastest-growing application in the global polyimide films market. They are
used in the manufacturing of flexible printed circuit board in ink-jet
cartridges, printers & scanners, mobile phones, pagers, camcorders, and
military & avionics systems.
Polyimide film has many applications in electronics,
automotive, aerospace, and labeling & labels industry. Many new product
launches have enabled consumers to pick their choice of product from a wide
range of options. The widening of product distribution channels has made these
products readily available to the consumer.
Browse
full report by Grand View Research :
Further key findings from the report suggest:
·
The global polyimide films market was
estimated at USD 1,492.3 million in 2016 and is projected to grow at a growth
rate of 8.6% from 2017 to 2025
·
The flexible circuit board sector occupied
the largest market share in 2016 on account of its widespread use in ink-jet
cartridges, printers & scanners, mobile phones, pagers, camcorders, and
military & avionics systems
·
FCB has many automotive applications
ranging from dashboard to engine management, and ABS control systems
·
Wire & cables are used in various
application where high tensile strength, solvent resistance, flammability and
electrical resistivity is required
·
Electronics end-use segment is growing with
the fastest growth rate owing to strong demand for consumer electronics and
increase in electrical components in automobile
·
The aerospace segment accounted for 26.1%
of the global revenue and is projected to witness the second highest CAGR over
the forecast period
·
Growing disposable income and investment in
innovative devices is anticipated to boost the demand in the electronics
segment
·
Increasing investment from government &
private institutions in the automotive and aerospace & defense industry is
projected to contribute to the demand over the coming years
·
Key players include E. I. Du Pont De
Nemours and Company, Saint-Gobain, Von Roll Holding AG, Kaneka Corporation and
Arakawa Chemicals Industries
·
Research & development activities, new
product launches, acquisition and mergers and technological collaborations are
some of the strategic initiatives taken up by leading companies
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials
Grand View Research has
segmented the global polyimide film market on the basis of application,
end-use, and region:
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
o
U.S.
·
Europe
o
Germany
o
UK
o
France
·
Asia Pacific
o
China
o
India
o
Japan
·
Central & South America
·
Middle East & Africa
Access press release by Grand View Research: http://www.grandviewresearch.com/press-release/global-polyimide-film-market
About Grand View Research
Grand View Research,
Inc. is a U.S. based market research and consulting company, registered in the
State of California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
For more information: http://www.grandviewresearch.com