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Polyimide Films Market - Global Industry Analysis 2023

01-16-2018 08:38 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: P&S Market Research

The growth of the polyimide films market is mainly driven by growing applications of PI films in semiconductor and electronics component manufacturing sector.

Polyimide (PI) films are made of polyimide, which is polymer of imide monomer. Polyimide films are known for their higher chemical resistance, high temperature resistance and high dielectric constant. Owing to such unique properties, PI films are used in manufacturing of heat resistant electronics components such as flexible printed circuit (FPC), pressure sensitive tape, wires and others.

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On the basis of end-user, the polyimide films market has been segmented into electronics, automotive, aerospace, labelling, medical and mining & drilling. As per the findings of research, electronics held the largest share of polyimide films market in terms of both revenue and volume in 2016. Wide applications of PI tapes and PI films for manufacturing of different electronics components such as cables, rotate machines, integrated circuits, electric wires, recording devices, etc. were instrumental behind such market share dominance of electronics end-user.

Asia-Pacific held the largest share of the polyimide films market in terms of both revenue and volume in 2016. In Asia-Pacific, PI films are mostly consumed in semiconductor foundries and semiconductor component manufacturing facilities located in Taiwan, China and Japan. In addition, growing usage of PI films based electronics devices among users has created surge in demand for the polyimide films market.

Furthermore, increasing disposable income and price deflation in the region has raised the demand of consumer electronic products, which thereby drives the growth of the polyimide films market.

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Owing to enhanced characteristics such as improved moisture and oxygen barrier property, the preference of transparent PI films has increased in the recent years. Transparent PI films possess the merits of both conventional and aromatic PI films. Increased use of these polyimides in medical and semiconductor applications for microelectronic and optoelectronic fabrications, further provides lucrative growth opportunities to the global polyimide films market.

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

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

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