Press release
Global Polyimide Films and Tapes Market Overview Covering Forecast 2033 Market Size And Growth Rate | DuPont de Nemorus Inc., 3M Company, Arakawa Chemical Industries Ltd., Dunmore
Polyimide Films and Tapes Market
The Business Research Company presents an extensive market research report on the Polyimide Films and Tapes Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The polyimide films and tapes market size has grown rapidly in recent years. It will grow from $2.21 billion in 2023 to $2.55 billion in 2024 at a compound annual growth rate (CAGR) of 15.3%. The growth in the historic period can be attributed to growth in electronics and aerospace industries, demand for high-temperature and flexible materials, expansion of medical devices and sensors, development of lightweight and durable films, regulatory standards for material safety..
The polyimide films and tapes market size is expected to see rapid growth in the next few years. It will grow to $4.43 billion in 2028 at a compound annual growth rate (CAGR) of 14.8%. The growth in the forecast period can be attributed to customized polyimide solutions for specific applications, sustainable and eco-friendly film and tape materials, growth in flexible and printed electronics, expansion in 5g and advanced communication technologies, adoption in wearable technology and iot devices.. Major trends in the forecast period include flexible and foldable electronic devices, regulatory compliance in polyimide material safety, miniaturization and nanoscale polyimide technologies, smart and self-healing polyimide films, collaboration between polyimide and material science..
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Key Market Players:
DuPont de Nemorus Inc., 3M Company, Arakawa Chemical Industries Ltd., Dunmore, FLEXcon Company Inc., Kaneka Corporation, Kolon Industries Inc., Mitsubishi Gas Chemical Company Inc., Nitto Denko Corporation, Saint-Gobain, Shinmax Technology Ltd., Suzhou Kying Industrial Materials Co. Ltd., Taimide Tech. Inc., Toray Industries Inc., Ube Industries Ltd., Axiom Materials Inc., Boyd Corporation, Changchun Ceres Tech Co. Ltd., Changchun SinoBao Technology Co. Ltd., Dunmore Corporation, HIP Technology, I.S.T. Corporation, Jiangsu Yabao Insulation Material Co. Ltd., Lenzing Plastics GmbH, MPM Holdings Inc., Saudi Arabia Basic Industries Corporation, Sheldahl Flexible Technologies, SKC Kolon PI Inc., Taihang Chemical Co. Ltd., Teijin Limited, Tianjin Tiansu Zhongxing Electrical Insulation Materials Co.Ltd., Triad Polymers Inc., Yancheng Hengsheng Insulation Co. Ltd., Yixin Science and Technology Co. Ltd. are prominent players in the industry.
Market Drivers:
The rise in demand for electronics is significantly contributing to the growth of the polyimide films and tapes market going forward. Electronics are electronic devices or circuits that use microchips, transistors, and other components to perform a variety of tasks. Polyimide films and tapes are insulating materials that are widely used in electrical engineering and electronics for high-temperature resistance applications. For instance, according to the India Brand Equity Foundation, electronics demand is expected to increase from $33 billion in 2020 to $400 billion by 2025. Therefore, the rise in demand for electronics is promoting the growth of the polyimide film and tape market.
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https://www.thebusinessresearchcompany.com/report/polyimide-films-and-tapes-global-market-report
Market Segments Include:
1) By Type: Polyimide Tapes, Conventional Polyimide Films, Colorless Polyimide Films, Other Types
2) By Application: Flexible Printed Circuits, Specialty Fabricated Products, Pressure-Sensitive Tapes, Motors/Generators, Wires And Cables
3) By End User: Electrical And Electronics, Automotive, Aerospace, Solar, Labelling, Medical, Other End Users
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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