Report Id: SNS/C&M/2345 | July 2022 | Region: Global | 131 Pages
Report Scope & Overview:
Polyimide Films and Tapes Market Size was valued at USD 1.95 billion in 2022, and is expected to reach USD 3.84 billion by 2030, and grow at a CAGR of 8.8 % over the forecast period 2023-2030.
The global market for polyimide films and tapes will grow at the fastest rate. By making a film and treating it with an imine at very high temperatures, polyimide is made by polymerizing it in heavy polar solvents. Polyimide, which is also written as PI and is a type of polymer, is made of imide monomers. A lot of Polyimide Film Tapes are used to make printed circuit boards. Polyimide tapes are clear, so you can see the circuit boards while they are being made. Tapes made of polyimide film can handle high temperatures. The growth of the polyimide films and tapes industry is likely to be driven by the growth of the electronics and auto industries. The thermal and mechanical properties of polyimide films are better than those of other polymers, which is driving up market demand. The industry is also growing because more and more people want flexible display and optoelectronics transparent polyimide films, and more and more aerospace applications are using them. But things like highs and lows in polyimide film prices and strict environmental rules and regulations are likely to slow market growth over the next few years.
Market Dynamics:
Drivers:
Demand from the electronics industry has grown
Demand from the growing auto industry was high.
Compared to other polymers, it has better thermal and mechanical properties.
Restraints:
Polyimide films have high costs to make.
Current problems with electronics that can be folded
Opportunity:
Aerospace applications are using it more and more.
Polyimide films are preferred for flexible displays and optoelectronics because they are clear.
COVID-19 has led to new uses for polyimide films.
It could be used as a coating on smart windows.
Challenge:
Problems with how polyimide films are made
Getting the chemistry and consistency of a product right
Impact of Covid-19:
The COVID 19 pandemic has had a big effect on the growth of many industries, including the automotive, electronics, labelling, aerospace, and many others. They are thought to be the main industries that use polyimide film in the end. The growth of the polyimide film industry has been slowed by the decline of these industries and the trouble it has caused in their business operations. The rate of making polyimide films stopped, as well as other industrial activities related to polyimide films.
For example, there has been a big drop in the trading of electronic goods, and changes in the supply and demand of electronic products like wires, cables, and semiconductors have had a big impact on the growth of the polyimide film market. During the pandemic, there were also cuts to a number of aircraft projects and factories that made parts for aircraft. These things have had a big effect on the growth of the polyimide film market.
Key Players:
DuPont de Nemours and Company, PI Advanced Material Co., Ltd., 3M Company, Ube Industries Ltd., Kaneka Corporation, Arakawa Chemicals Industries Inc., Taimide Tech. Inc., FLEXcon Company, Inc., Shinmax Technology Ltd., Kolon Industries Inc., and other players.
Market Segment:
By application
Flexible Printed Circuits
Specialty Fabricated Products
Pressure-Sensitive Tapes
Wires & Cables
Motors/Generators
By end-use industry
Electronics
Automotive
Aerospace
Labeling
Solar
Others
Mining & Drilling
Medical
Regional Analysis:
NA, APAC, CSA, MEA, and Europe are the different markets based on where they are. Over the next few years, the Asia-Pacific region will bring in a lot of money. With more people and more consumer electronics products, the market share is growing. With over 200 small aircraft parts manufacturers, the country is growing quickly in the area of making aircraft parts and putting them together. North America is also thought to be the second-fastest growing region and to have the largest market share over the next few years. This is because investments in the automotive and aerospace industries are growing, which is expected to help businesses grow.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Report Attributes | Details |
---|---|
Market Size in 2022 | US$ 1.95 Billion |
Market Size by 2030 | US$ 3.84 Billion |
CAGR | CAGR of 8.8% From 2023 to 2030 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Historical Data | 2020-2021 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By application (Flexible Printed Circuits, Specialty Fabricated Products, Pressure-Sensitive Tapes, Wires & Cables, Motors/Generators) • By end-use industry (Electronics, Automotive, Aerospace, Labeling, Solar, Others) |
Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Company Profiles | DuPont de Nemours and Company, PI Advanced Material Co., Ltd., 3M Company, Ube Industries Ltd., Kaneka Corporation, Arakawa Chemicals Industries Inc., Taimide Tech. Inc., FLEXcon Company, Inc., Shinmax Technology Ltd., Kolon Industries Inc., and other players. |
DRIVERS | • Demand from the electronics industry has grown • Demand from the growing auto industry was high. • Compared to other polymers, it has better thermal and mechanical properties. |
Restraints | • Polyimide films have high costs to make. • Current problems with electronics that can be folded |
Frequently Asked Questions (FAQ) :
Ans: E. I. DuPont de Nemours and Company (US), PI Advanced Material Co., Ltd. (South Korea), 3M Company (US), Ube Industries Ltd.(Japan), Kaneka Corporation (Japan), Arakawa Chemicals Industries Inc. (Japan), Taimide Tech. Inc. (Taiwan), FLEXcon Company, Inc. (US), Shinmax Technology Ltd. (Taiwan), Kolon Industries Inc. (South Korea) are the major key players of Polyimide Films and Tapes Market.
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: Problems with how polyimide films are made and Getting the chemistry and consistency of a product right are the challenges faced by the Polyimide Films and Tapes Market.
Ans: Demand from the electronics industry has grown, Demand from the growing auto industry was high and Compared to other polymers, it has better thermal and mechanical properties.
Ans: Polyimide Films and Tapes Market Size was valued at USD 1.8 billion in 2021, and expected to reach USD 3.33 billion by 2028, and grow at a CAGR of 8.8 % over the forecast period 2022-2028.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8.Polyimide Films and Tapes Market Segment, By application
8.1 Flexible Printed Circuits
8.2 Specialty Fabricated Products
8.3 Pressure-Sensitive Tapes
8.4 Wires & Cables
8.5 Motors/Generators
9.Polyimide Films and Tapes Market Segment, By end-use industry
9.1 Electronics
9.2 Automotive
9.3 Aerospace
9.4 Labeling
9.5 Solar
9.6 Others
10. Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 USA
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 The Netherlands
10.3.7 Rest of Europe
10.4 Asia-Pacific
10.4.1 Japan
10.4.2 South Korea
10.4.3 China
10.4.4 India
10.4.5 Australia
10.4.6 Rest of Asia-Pacific
10.5 The Middle East & Africa
10.5.1 Israel
10.5.2 UAE
10.5.3 South Africa
10.5.4 Rest
10.6 Latin America
10.6.1 Brazil
10.6.2 Argentina
10.6.3 Rest of Latin America
11. Company Profile
11.1 Kolon Industries Inc.
11.1.1 Financial
11.1.2 Products/ Services Offered
11.1.3 SWOT Analysis
11.1.4 The SNS view
11.2 E. I. DuPont de Nemours and Company,
11.3 PI Advanced Material Co., Ltd.,
11.4 3M Company,
11.5 Ube Industries Ltd.,
11.6 Kaneka Corporation,
11.7 Arakawa Chemicals Industries Inc.,
11.8 Taimide Tech. Inc.,
11.9 FLEXcon Company, Inc.
11.10 Shinmax Technology Ltd.,
12.Competitive Landscape
12.1 Competitive Benchmark
12.2 Market Share analysis
12.3 Recent Developments
13. Conclusion
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