Global Polyimide Films Market – Analysis and Forecast (2014 - 2024)

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Global Polyimide Films Market

Industry Overview Global polyimide films market was valued at USD 2.1 billion in 2017 and is further expected to become USD 4.1 billion by 2024. The rapid increase in this market is attributed towards increasing applicability of these

films in the manufacturing segment of electronics and semiconductor components. Polyimide films comprises of an exclusive amalgamation of thermal, electrical, mechanical and chemical properties that resist vibration and extreme temperatures. These films are gaining huge popularity owing to its innovative

design solutions provided to several industries such as wind energy, consumer electronics, aerospace, industrial applications and automotive.

Global Polyimide Films Market

Growth Drivers The increasing demand for polyimide films is widely being inclined towards the amplifying demand for

electronic products across the globe. It has been observed that the polyimide films are being consumed in the production of flexible circuits that are dispersed in several number of consumer electronic products for

instance in laptops and smartphones. The widespread application of these films in the aerospace sector due to its light weight helps in improving the performance of the engine and helps in saving fuel is further bolstering the growth of polyimide films market across the globe.

Global Polyimide Films Market

Geographic Overview Geographically, Asia Pacific is expected to witness fastest growth of 10.8% in terms of value during the forecast period. The key countries that are attributing high demand for the polyimide films in the region include China, Japan, South Korea and India. The major factors that are driving the growth of this market

include price deflation, increasing household incomes and upgradation of technology. Moreover, these factors are further expected to escalate the growth of this market for polyimide films during the forecast period.

Global Polyimide Films Market

Competitive Insight Some of the major players operating in the global polyimide films market are Kaneka Corporation, SaintGobain S.A., E.I. Du Pont De Nemours and Company, Arakawa Chemicals Industries, Ltd., SKCKOLONPI, Inc.,

Yunda Electronic Materials Co., Ltd., Taimide Tech. Inc., I.S.T. Corporation, FLEXcon Company, Inc., and UBE Industries Ltd. Explore Full Report Sample at: https://www.vynzresearch.com/chemicals-materials/polyimide-films-

market

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