Global Polyimide Films and Tapes Market (2020 to 2025) – Increasing Use in Aerospace Applications Presents Opportunities – GlobeNewswire

Dublin, Oct. 27, 2020 (GLOBE NEWSWIRE) -- The "Polyimide Films and Tapes Market by Application (Flexible Printed Circuits, Specialty Fabricated Products, Pressure Sensitive Tapes, Motors/Generators, Wires/Cables), End-Use Industry - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

The polyimide films and tapes market is projected to grow from USD 1,460 million in 2020 to USD 2,140 million by 2025, at a CAGR of 7.9% from 2020 to 2025.

Increased demand from the electronics industry, the growing automotive industry, and superior thermal & mechanical properties of polyimide films in comparison to other polymers are key factors driving the growth of this market. The high cost of polyimide films and tapes acts as a key restraint to market growth.

Flexible printed circuits are the largest application segment of the polyimide films and tapes market

By application, the flexible printed circuits segment accounted for the largest share of the polyimide films market in 2019. This large share is mainly attributed to the excellent properties of polyimide films that make them a preferred material in various end-use industries, such as electronics and automotive.

Electronics is the largest end-use industry segment of the polyimide films and tapes market

By end-use industry, the electronics segment accounted for the largest share of the polyimide films and tapes market in 2019. Polyimide films have good mechanical and electrical properties in comparison to other thermoplastic films and are, hence, widely used in several applications in the electronics industry. For instance, polyimide films are used as a base material for flexible printed wiring assembly, due to their excellent mechanical and thermal stability and low dielectric constant.

Asia Pacific is projected to lead the polyimide films market during the forecast period

By region, Asia Pacific is anticipated to lead the polyimide films market during the forecast period. The market growth in this region is mainly attributed to rising disposable incomes and growing demand for consumer electronics products. The Asia Pacific market is also expected to witness the highest CAGR from 2020 to 2025 owing to the high demand for polyimide films and tapes from countries such as China, Japan, India, and South Korea.Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights4.1 Overview of the Polyimide Films and Tapes Market4.2 Polyimide Films and Tapes Market, by End-Use Industry4.3 Polyimide Films and Tapes Market, by Application4.4 Polyimide Films and Tapes Market, by Region4.5 Asia-Pacific Polyimide Films and Tapes Market, by End-Use Industry and Country

5 Market Overview5.1 Introduction5.2 Market Segmentation5.3 Market Dynamics5.3.1 Drivers5.3.1.1 Increased Demand from the Electronics Industry5.3.1.2 Strong Demand from the Growing Automotive Industry5.3.1.3 Superior Thermal and Mechanical Properties in Comparison to Other Polymers5.3.2 Restraints5.3.2.1 High Manufacturing Cost of Polyimide Films5.3.3 Opportunities5.3.3.1 Increasing Use in Aerospace Applications5.3.3.2 Preference for Transparent Polyimide Films for Flexible Display and Optoelectronics5.3.3.3 Emerging Applications for Polyimide Films Due to COVID-195.3.4 Challenges5.3.4.1 Issues with the Processing of Polyimide Films5.3.4.2 Supply Chain, Trade, and Economic Disruptions Due to the COVID-19 Pandemic5.4 Economic Indicators5.4.1 Industry Outlook5.4.1.1 Automotive5.4.1.2 Aerospace5.4.1.3 Electronics5.5 Porter's Five Forces Analysis5.5.1 Bargaining Power of Suppliers5.5.2 Bargaining Power of Buyers5.5.3 Threat of Substitutes5.5.4 Threat of New Entrants5.5.5 Rivalry Among Existing Competitors5.6 Raw Material Analysis5.6.1 Pyromellitic Dianhydride (Pmda)5.6.2 4,4'-Oxydianiline (Oda)5.6.3 Biphenyl-Tetracarboxylic Acid Dianhydride (BPDA)5.6.4 Phenylenediamine (Pda)

6 COVID-19 Impact6.1 COVID-19 Health Assessment6.2 COVID-19 Economic Assessment6.2.1 COVID-19 Impact on the Economy - Scenario Assessment6.3 COVID-19 Impact on the Polyimide Films and Tapes Market

7 Polyimide Films and Tapes Market, by Application7.1 Introduction7.2 Flexible Printed Circuits7.2.1 Flexible Printed Circuit is the Largest and the Fastest-Growing Application7.2.1.1 COVID-19 Impact on Flexible Printed Circuits7.3 Specialty Fabricated Products7.3.1 Specialty Fabricated Products Segment Accounted for the Second Largest Share in the Polyimide Films and Tapes Market7.3.1.1 COVID-19 Impact on Specialty Fabricated Products7.4 Pressure Sensitive Tapes7.4.1 Growing Demand from the Electronics Industry is Expected to Fuel the Growth of Pressure Sensitive Tapes7.4.1.1 COVID-19 Impact on Pressure Sensitive Tapes7.5 Wires & Cables7.5.1 Wires and Cables Accounted for the Fourth-Largest Share in the Polyimide Films and Tapes Market7.5.1.1 COVID-19 Impact on Wires & Cables7.6 Motors/Generators7.6.1 Properties Such as High Heat Resistance and Thinner Insulation Have Created a High Demand for Polyimide Films in Motors/Generators7.6.1.1 COVID-19 Impact on Motors/Generators

8 Polyimide Films and Tapes Market, by End-Use Industry8.1 Introduction8.2 Electronics8.2.1 Electronics Accounted for the Largest Share in the Global Polyimide Films and Tapes Market8.2.1.1 COVID-19 Impact on the Electronics Industry8.3 Automotive8.3.1 Automotive Accounted for the Second-Largest Share in the Global Polyimide Films and Tapes Market8.3.1.1 COVID-19 Impact on Automotive8.4 Aerospace8.4.1 Properties Such as High-Temperature Resistance as Well as Weight and Space-Saving Have Resulted in a High Demand for Polyimide Films and Tapes in the Aerospace Industry8.4.1.1 COVID-19 Impact on Aerospace8.5 Solar8.5.1 Growing Solar End-Use Industry Has Created a High Demand for Polyimide Films and Tapes8.5.1.1 COVID-19 Impact on Solar8.6 Labeling8.6.1 Non-Shrinking Property Has Resulted in a High Demand for Polyimide Films and Tapes in the Labeling End-Use Industry8.6.1.1 COVID-19 Impact on Labeling8.7 Others8.7.1 Medical8.7.1.1 COVID-19 Impact on Medical8.7.2 Mining & Drilling8.7.2.1 COVID-19 Impact on Mining & Drilling

9 Polyimide Films and Tapes Market, by Region9.1 Introduction9.2 Asia-Pacific9.3 North America9.4 Europe9.5 Middle East & Africa9.6 South America

10 Competitive Landscape10.1 Introduction10.2 Company Evaluation Matrix10.2.1 Star10.2.2 Emerging Leaders10.2.3 Pervasive10.2.4 Participants10.3 Strength of Product Portfolio (Global)10.4 Business Strategy Excellence (Global)10.5 Competitive Leadership Mapping (SME Matrix)10.5.1 Progressive Companies10.5.2 Starting Blocks10.5.3 Responsive Companies10.5.4 Dynamic Companies10.6 Strength of Product Portfolio (SME)10.7 Business Strategy Excellence (SME)10.8 Market Share Analysis

11 Company Profiles11.1 E. I. Du Pont De Nemours & Company11.2 Taimide Tech. Inc.11.3 Saint-Gobain11.4 3M Company11.5 Toray Industries, Inc.11.6 Nitto Denko Corporation11.7 Ube Industries Ltd.11.8 Mitsubishi Gas Chemical Company Inc.11.9 Kaneka Corporation11.10 PI Advanced Materials Co. Ltd.11.11 Arakawa Chemical Industries, Ltd.11.12 Aavid Kunze Gmbh11.13 Dunmore Corporation11.14 Kolon Industries, Inc.11.15 Taiflex Scientific Co. Ltd.11.16 Evertech Envisafe Ecology Co. Ltd.11.17 Flexcon Company, Inc.11.18 Yongkang Haotai Industry and Trade Co. Ltd.11.19 Industrial Summit Technology Corporation11.20 Other Companies11.20.1 Parafix Tapes & Conversions Ltd.11.20.2 Dr. Dietrich Muller Gmbh11.20.3 Liyang Huajing Electronic Material Co. Ltd11.20.4 Yunda Electronic Materials Co. Ltd.11.20.5 Anabond Limited11.20.6 Suzhou Kying Industrial Materials Co. Ltd.11.20.7 Von Roll Holding Ag11.20.8 Shinmax Technology Ltd.11.20.9 Tianjin Hengji International Trade Co. Ltd11.20.10 Circuit Components Supplies Ltd11.20.11 Polyonics, Inc.

12 Appendix12.1 Discussion Guide12.2 Knowledge Store: Subscription Portal12.3 Available Customizations12.4 Related Reports12.5 Author Details

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Global Polyimide Films and Tapes Market (2020 to 2025) - Increasing Use in Aerospace Applications Presents Opportunities - GlobeNewswire