POLYIMIDE FILM MARKET WORTH USD 3.43 BILLION BY 2024

Mourya
Mourya
The report "Polyimide Film Market”: Segmentation By Application Estimation (Motor/Generator, Pressure Sensitive Tape, Wire & Cables, Speciality Fabricated Product, Flexible Printed Circuit),By End-User Estimation (Aerospace, Mining And Drilling, Automotive, Labelling, Electronics), By Geography (Asia Pacific, North America, Europe, Middle East and Africa, South America) - Forecast and Estimation (2018-2024). Polyimide Film market size is estimated at USD 1.54 Billion in 2017 and is expected to reach 3.43 Billion by 2024 at a CAGR of 10.2%. The polyimide film market share is projected to grow during the forecast period due to the increasing demand for transparent films and the developments in aerospace, automobile, and electronics for high-quality products. Flexible printed circuit is the fastest growing application of polyimide films market On the basis of application, the flexible printed circuit is the fastest growing segment that is expected to grow with high CAGR from 2018-2024. These flexible printed circuits mostly used in the manufacturing of FPC boards in ink-jet cartridges, printers, mobiles, and military systems. FPC has high demand in automotive and electronics because of the size and functionality. Download a free sample report @ https://www.envisioninteligence.com/industry-report/polyimide-film-market/ Electronics is expected to have a high CAGR during the forecast period 2018-2024 Based on the end-users, electronics is projected to grow with the highest CAGR during the forecast period 2018-2024. Increase in consumer electronic products like phones, pagers, printers & scanners the polyimide file market size is also influencing the electronic industry. Polyimide films provide better electrical insulation characteristics like high-temperature resistance, flexibility and reduce the size of the devices. The Asia Pacific is the fastest growing region in terms of geography for polyimide film market Asia Pacific region is projected to be the largest and fastest growing polyimide film market during the forecast period. Key countries which are providing highest demand for polyimide films in the Asia Pacific region are China, India, Japan, South Korea, and Indonesia owing to their innovations, price, an increase in household income, mainly in the emerging market such as consumer electronics and automotive. The key manufacturers in the polyimide film market include DuPont-Toray (Japan), Ube Industries (Japan), SKC Kolon PI (South Korea), Shinmax Technology Ltd. (Taiwan), Kaneka Corporation (Japan), Taimide Tech Inc. (Taiwan), and FLEXcon Company Inc. (U.S.).