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Polyimide Films Market, By Application, End-User Industry - Global Analysis and Forecast to 2024
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The escalating demand for lighter electronic products is projected to bolster the growth of polyimide films market in the near future.
The increasing demand for polyimide films is widely being inclined towards the amplifying demand for electronic products across the globe. 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.
Asia-Pacific is expected to witness the 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.
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North America held the second largest share of the polyimide films market in 2017 due to increased utilization of these films in the advanced aerospace industry, mounting use of insulation tape in automotive industry and application of PI films in the healthcare sector.
Some of the major players operating in the global polyimide films market are Kaneka Corporation, Saint-Gobain 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.
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