The polyimide films and tapes global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Polyimide Films and Tapes Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The polyimide films and tapes market size has grown rapidly in recent years. It will grow from $2.21 billion in 2023 to $2.55 billion in 2024 at a compound annual growth rate (CAGR) of 15.3%. The growth in the historic period can be attributed to growth in electronics and aerospace industries, demand for high-temperature and flexible materials, expansion of medical devices and sensors, development of lightweight and durable films, regulatory standards for material safety..
The polyimide films and tapes market size is expected to see rapid growth in the next few years. It will grow to $4.43 billion in 2028 at a compound annual growth rate (CAGR) of 14.8%. The growth in the forecast period can be attributed to customized polyimide solutions for specific applications, sustainable and eco-friendly film and tape materials, growth in flexible and printed electronics, expansion in 5g and advanced communication technologies, adoption in wearable technology and iot devices.. Major trends in the forecast period include flexible and foldable electronic devices, regulatory compliance in polyimide material safety, miniaturization and nanoscale polyimide technologies, smart and self-healing polyimide films, collaboration between polyimide and material science..
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Scope Of Polyimide Films and Tapes Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Polyimide Films and Tapes Market Overview
Market Drivers –
The rise in demand for electronics is significantly contributing to the growth of the polyimide films and tapes market going forward. Electronics are electronic devices or circuits that use microchips, transistors, and other components to perform a variety of tasks. Polyimide films and tapes are insulating materials that are widely used in electrical engineering and electronics for high-temperature resistance applications. For instance, according to the India Brand Equity Foundation, electronics demand is expected to increase from $33 billion in 2020 to $400 billion by 2025. Therefore, the rise in demand for electronics is promoting the growth of the polyimide film and tape market.
Market Trends –
Technological developments have emerged as a key trend gaining popularity in the polyimide films and tapes market. Major companies operating in the polyimide films and tapes sector are focused on developing new technological solutions to meet consumer demand. For example, in June 2023, Blueshift, US based thermal protection systems for the aerospace, defense, and specialty electronics markets worldwide, launched its flagship RockeTape with market-leader Digi-Key Electronics, home to the world’s largest selection of electronic components in stock for immediate shipment. As part of the “Fulfilled by Digi-Key” program, Digi-Key will stock and ship a selection of the RockeTape line of high-temperature protection, thermal insulation, and heat management tape.
The polyimide films and tapes market covered in this report is segmented –
1) By Type: Polyimide Tapes, Conventional Polyimide Films, Colorless Polyimide Films, Other Types
2) By Application: Flexible Printed Circuits, Specialty Fabricated Products, Pressure-Sensitive Tapes, Motors/Generators, Wires And Cables
3) By End User: Electrical And Electronics, Automotive, Aerospace, Solar, Labelling, Medical, Other End Users
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Regional Insights –
Asia-Pacific was the largest region in the polyimide films and tapes market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the polyimide films and tapes market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major companies operating in the polyimide films and tapes market include DuPont de Nemorus Inc., 3M Company, Arakawa Chemical Industries Ltd., Dunmore, FLEXcon Company Inc., Kaneka Corporation, Kolon Industries Inc., Mitsubishi Gas Chemical Company Inc., Nitto Denko Corporation, Saint-Gobain, Shinmax Technology Ltd., Suzhou Kying Industrial Materials Co. Ltd., Taimide Tech. Inc., Toray Industries Inc., Ube Industries Ltd., Axiom Materials Inc., Boyd Corporation, Changchun Ceres Tech Co. Ltd., Changchun SinoBao Technology Co. Ltd., Dunmore Corporation, HIP Technology, I.S.T. Corporation, Jiangsu Yabao Insulation Material Co. Ltd., Lenzing Plastics GmbH, MPM Holdings Inc., Saudi Arabia Basic Industries Corporation, Sheldahl Flexible Technologies, SKC Kolon PI Inc., Taihang Chemical Co. Ltd., Teijin Limited, Tianjin Tiansu Zhongxing Electrical Insulation Materials Co.Ltd., Triad Polymers Inc., Yancheng Hengsheng Insulation Co. Ltd., Yixin Science and Technology Co. Ltd.
Table of Contents
1. Executive Summary
2. Polyimide Films and Tapes Market Report Structure
3. Polyimide Films and Tapes Market Trends And Strategies
4. Polyimide Films and Tapes Market – Macro Economic Scenario
5. Polyimide Films and Tapes Market Size And Growth
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27. Polyimide Films and Tapes Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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