Polyimide Films Market Size, Share & Trends Analysis, Global Forecast - 2028, Report By Type, By Application, By Region, Segment Analysis and Industry Insights

Polyimide Films Market Insights - 2022

Due to the COVID-19 pandemic, the global Polyimide Films market size is estimated to be worth USD1365 million in 2022 and is forecast to a readjusted size of USD 2058.6 million by 2028 with a CAGR of 7.1% during the review period. Key drivers of the Polyimide films market include the extensive use in novel electronic applications.

Major Trends in Polyimide Films Market

The use of films in the automotive industry will surge the polyimide film sheet market in the upcoming years.

The high demand from the aerospace industry will fuel the growth of the market during the forecast period.

Fully considering the economic change by this health crisis, Benzene Polyimide Film accounting for % of the Polyimide Films global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.

While Electrical And Electronics segment is altered to an % CAGR throughout this forecast period.

Trends Influencing Polyimide Films Market

Booming electronics industry

Polyimide film sheets are dielectric insulating materials with high thermal, mechanical, and electrical properties. The coating process is easy making it suitable for high voltage industry applications. Polyimide film manufacturers build the sheets for use in large-scale integration in microelectronics, PCB technologies, electric motors, energy storage, and surface insulation in high-temperature electrical devices like TV displays, cell phones, etc. They are also used in isolated gate drivers. Such widespread adoption will drive the growth of the polyimide films market during the forecast period.

Automobile sector

Car components, engines, and dashboards are made from polyimide films as they have excellent heat barrier properties, wear resistance, and electrical conductivity. These sheets also have high adhesion and fabrication. The high mechanical strength provides structural support in vehicle manufacturing. This in turn is expected to surge the growth of the polyimide films market in the subsequent years. 

Increasing use in the Aerospace and aircraft industry

Durability and the ability to withstand harsh environments is a key factor in producing aircraft components. It is used for insulating wires, and cables on satellites, launch vehicles, and spacecraft. As the sheets have radiation resistance, and thermal insulation the product is also deployed in aircraft body parts.  In addition to it, polyimide provides high heat protection, lamination, and coatings on the fuselage for corrosion resistance. Hence these factors will spur the growth of the polyimide films market in the future. 

Polyimide Films Market Size and Share

Based on type, the segmentations are Benzene polyimide films and Biphenyl polyimide films. 

Based on application, the electrical and electronics segment is expected to dominate in the polyimide films market share due to the rapid consumption of consumer electronic items and reliance on electrical devices.

Based on region, Asia-pacific will witness considerable growth in the Polyimide films market share owing to the booming electronics industry and growing penetration of smartphones.  

The functional features of polyimide films will be one of the major factors that will have a positive impact on the global polyimide films market during the forecast period.

In terms of production side, this report researches the Polyimide Films capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.

In terms of sales side, this report focuses on the sales of Polyimide Films by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.

Polyimide Films Market Segment

Polyimide Films market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Polyimide Films market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.

Polyimide Films Market Segment By Type

• Benzene Polyimide Film
• Biphenyl Polyimide Films

Polyimide Films Market Segment By Application

• Electrical And Electronics
• Automotive
• Aerospace

By Company

• 3M
• Arakawa Chemicals Industries
• DowDuPont
• Kaneka Corporation
• Mitsui Chemicals
• Saint-Gobain
• UBE INDUSTRIES

Production By Region

• North America
• Europe
• China
• Japan

Consumption By Region

• North America
• U.S.
• Canada
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Asia-Pacific
• China
• Japan
• South Korea
• India
• Australia
• Taiwan
• Indonesia
• Thailand
• Malaysia
• Philippines
• Vietnam
• Latin America
• Mexico
• Brazil
• Argentina
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE