Polyimide Films Market

Polyimide Films Market Size

Reaching USD 2.61 billion in 2023, polyimide films market is expected to show over 6% CAGR between 2024 and 2032. Motivated by the increasing aerospace industry developments.

High-performance polymer films with a range of outstanding qualities—such as lightweight, flexible, has good heat and chemical resistant properties—which enable their application in many end-user sectors are polyimide films. Besides excellent heat resistance, polyimide film offers outstanding dielectric properties. Polyimide film finds common use in numerous high heat applications, flexible electronics, tapes, and mega-layer insulating blankets for space.

Polyimide Films Market Report Attributes

Report Attribute	Details
Base Year	2023
Polyimide Films Market Size in 2023	USD 2.61 billion
Forecast Period	2024 to 2032
Forecast Period 2024 to 2032 CAGR	6%
2032 Value Projection	USD 4.5 billion
Historical Data for	2018 to 2023
No. of Pages	350
Tables, Charts & Figures	195
Segments covered	Application, End-use, and Region
Growth Drivers	Aeronautics and a growing satellite projection business are driving the market Light weight electrical appliances will boost market growth
Pitfalls & Challenges	the high prices of advanced products

They also find great usage insulating motors' and generators' cables. These films are also utilized in aircraft wire insulation because of their small weight to save a lot of weight. These movies help to create small and complex assemblies with minimum weight and size by means of their design. The increased demand for lightweight electronic applications together with low power consumption is predicted to drive the market for polyimide films.
Polyimide Film Market Research

Applications often in extreme environments, needing consistent, long-lasting performance, demand for the use of polyimide film. Moreover, one can design and change it to fit particular physical criteria for mechanical, electrical, temperature, chemical, and mechanical properties that will be sold on the polyimide films market expansion.

Excellent thermal properties of polyimide sheets make them an interesting material for space uses. However, because of their dielectric properties, charge storage and release can generate electrostatic discharges harmful for the surrounding electrical equipment. Usually observed are the conductivity, computed from surface potential decay, the photoemission, and the capacity to start and propagate surface flashover. An interesting auxiliary tool for some time has been developedspace charge storage analysis employing the pulse electro-acoustic technique.

Polyimide films are a common engineering polymer since their good balance of mechanical, dielectric, and thermal characteristics. Likewise, dimensional shrinkage of the polymer during imidization and post processing methods, as well as the difficulty to customize electronic or mechanical properties, can make it challenging to produce polyimides into intricate multifunctional designs..

The corona discharge often limits performance in traction motors, generators and transformers; this can be avoided by utilizing polyimide films as a buffer. Apart from enhancing traction motors and other crucial components of the vehicle system, it enhances performance, thereby driving the growth of polyimide films market.

Polyimide films can also have their surfaces altered to increase the spectrum of possible end applications. Surface modification lets the functional components be deposited using water-based fluids since the intrinsic inertness and hydrophobicity of the application make it inappropriate for use as substrate in the fabrication of electronic devices.

By 2022 Asia-Pacific polyimide films market exceeded USD 887.2 million. Revenue-wise, Asia-Pacific holds more than 33% of the market share by 2022. These sectors are expected to show significant expansion on account of the developed and growing automotive, electronics, and aerospace sectors in the Asian-Pacific countries.

Polyimide Films Market Share

Major industry players opeating in polyimide films narket are

• I.S.T Corporation
• Arakawa Chemical Industries Ltd.
• Kolon Industries, Inc.
• Anabond
• FLEXcon Company, Inc.
• Nitto denko corporation
• Mitsubishi gas chemical company inc.
• Kaneka corporation
• Arakawa chemical industries
• Taiflex scientific co. ltd

Polyimide Films Industry in News

• Due to increases in the cost of raw materials and transportation, Kaneka Corporation announced a change to the sales price for polyimide film in November 2021. For shipments made beginning on or after January 1, 2022, the cost will increase by 15% per square metre over the present rate

This polyimide films market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilo Tons and revenue in USD Million from 2018 to 2032 for the following segments

By Application

• Flexible Printed Circuits
• Specialty Fabricated Applications
• Wires & Cables
• Pressure-sensitive Tapes
• Motors/Generators

By End User

• Electronics
• Automotive
• Aerospace
• Labeling
• Solar
• Mining & Drilling
• Medical
• Others

By Region

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East
  • South Africa
  • Saudi Arabia
  • UAE
  • Egypt