Global Polyimide Films Market – Growth, Trends, And Forecast (2020 – 2025)
The report presents an in-depth assessment of the Global Polyimide Films including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Global Polyimide Films investments from 2020 till 2025.
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The Global Polyimide Films market is highly competitive and consists of a number of major players. Companies, like Arakawa Chemicals Industries Ltd, Du Pont-Toray Co. Ltd, Flexcon Company Inc., IST Corporation, Kaneka Corporation, Liyang Huajing Electronic Material Co. Ltd, Saint-Gobain, Shinmax Technology Ltd, SKC Kolon PI Inc., Suzhou Kying Industrial Materials Co. Ltd, Taimide Tech Inc., Tianjin Hengji International Trade Co. Ltd, UBE Industries Ltd, Yunda Electronic Materials Co. Ltd, Zhejiang Hecheng Electric Technology Co. Ltd among others.
The market for polyimide films is expected to expand at a CAGR of over 7% during the forecast period. Major factors driving the market studied is the increasing demand from the electronics industry. High processing cost of polyimide films is one of the major challenges witnessed in the polyimide films market.
– Increasing adoption of hybrid and electric vehicles is likely to act as an opportunity in the future.
– Europe dominated the market across the globe with the largest consumption from countries, such as Germany and France.
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Key Market Trends:
Increasing Demand from the Electronics Industry
– The electronics industry is by far the largest end-user segment, accounting for more than 50% of the usage of polyimide films. This is majorly due to its wide application base in the industry, including usage in housing cell phones, computers, electrical chargers, fax machines, pagers, connectors, battery boxes, etc.
– Moreover, polyimide films offer properties that make them highly suitable for the electronics sector. These properties include lightweight and impact- and shatter-resistant qualities, temperature resistance, high service temperature, ductility, and toughness in thin sections.
– The demand for consumer electronic products is on the rise, driven by innovation, rapid urbanization, education attainments, and growing household incomes, particularly in the emerging markets of the Asia-Pacific region (especially in China and India). The smartphone and wearable segment of the industry is the booming product category.
– The electronics industry in Asia-Pacific has been growing at a rate of more than 5% over the past couple of years and is estimated to continue the growth rate for the next few years.
– Hence, with such increasing demand, investments, and production in the electrical and electronics industry, the demand for polyimide films for application in various electrical and electronic products is also expected to increase, during the forecast period.
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The key insights of the Polyimide Films Market report:
- The report provides key statistics on the market status of the Polyimide Films market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
- The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
- The Polyimide Films market report presents the company profile, product specifications, capacity, production value, and 2015-2020 market shares for key vendors.
- The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
- The report estimates 2020-2025 market development trends of Polyimide Films Market.
- Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out
- The report makes some important proposals for a new project of Polyimide Films Industry before evaluating its feasibility.
Finally, Polyimide Films Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Polyimide Films industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.
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