Polyimide Films and Tapes Market Outlook, Key Players

Global Polyimide Films and Tapes Market is valued approximately at USD 1.3 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 7.9% over the forecast period 2020-2027. Polyimide films have thermal, electrical, physical and chemical properties over a wide temperature range in a lightweight package which can be used for electrical insulation applications. Polyimide film tapes have a feature of thin backing that resists tears, abrasion and the effects of aging and can also bear high-temperature powder coat and anodizing operations. Polyimide films and tapes are used to develop printed circuit boards which are used in compact electronic devices, such as watches, laptops, smartphones, panel boards, and digital cameras.

The rise in demand from the electronics and automotive industry as well as growing consumption of consumer electronic products such as mobile phones, laptops etc., are the few factors responsible for growth of the market over the forecast period. For instance, as per statista, the global smart phone penetration rate was 33.5% in 2016 and has rise by 44.9% in 2020. Moreover, it is estimated that ownership of desktop/laptop among the adults in the United States is approximately 74% in 2019, an increase from 73% in 2018, as per the Statista. However, the high manufacturing cost of polyimide films is the major factor restraining the growth of global Polyimide Films and Tapes market during the forecast period.

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The regional analysis of global Polyimide Films and Tapes market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the leading/significant region across the world in terms of market share owing to the the fast adoption of new technology, rising household incomes, and price deflation especially in developing countries of Asia Pacific have created a high demand for consumer electronic products.

Major market player included in this report are:
E. I. Du Pont De Nemours & Company
Taimide Tech. Inc.
Saint-Gobain
3M Company
Toray Industries, Inc.
Nitto Denko Corporation
Ube Industries Ltd.
Mitsubishi Gas Chemical Company Inc.
Kaneka Corporation
Pi Advanced Materials Co., Ltd.

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Christophe Rude

Christophe Rude

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