Global Polyimide Films & Tapes Market Size, Trends & Analysis with COVID-19 Impact - Forecasts To 2026 By Application (Flexible Printed Circuits, Specialty Fabricated Products, Pressure Sensitive Tapes, Wires & Cables, Motors/Generators), By End-Use Industry (Electronics, Aerospace, Automotive, Solar, Labeling, Others), By Region (North America, Europe, Asia Pacific and Rest of the World); and Company Market Share Analysis & Competitor Analysis
Polyimide Films & Tapes Market: Insights
The global polyimide films & tapes market will propel at the strongest growth rate. By polymerization in heavy polar solvents, polyimide films are synthesized by the process of film formulation and imine treatment over extreme temperatures. An imide monomer is polyimide, also abbreviated as PI, and belongs to the polymer family. Polyimide Film Tapes are used widely in the development of printed circuit boards. Polyimide tapes are transparent, allowing the circuit boards during their processing to be observed. Polyimide film tapes are resistant to high temperatures. The rapid growth from electronic companies coupled with rising automobile companies is likely to drive the growth of the polyimide films & tapes industry. Compared to other polymers, the thermal and mechanical characteristics of polyimide films are superior and are stimulating market demand. Moreover, the growing preference for flexible display and optoelectronics transparent polyimide films coupled with the growing use of aerospace applications is resulting in industry growth. However, some of the factors likely to delay market growth over the forecast timeline are highs and lows in polyimide film rates and stringent environmental rules and regulations.
Polyimide Films & Tapes Market: By Application
Based on the analysis of application, this market can be segregated into five segments namely; motors/generators, specialty fabricated products, wires & cables, flexible printed circuits, and pressure-sensitive tapes. Flexible printing circuits are among all the applications that will be the strongest growth rate. In multiple end-use industries, such as electronics and automobiles, this is attributable to the excellent properties of polyimide films that make them a favored commodity. FPC is expected to accelerate growth in consumer electronics such as mobile phones, next-generation modular displays, and cars.
Polyimide Films & Tapes Market: By End-Use Industry
Based on the end-use industry, the market is split into electronics, solar, automotive, aerospace, and labeling, among others. The aspect of the electronics industry is the rising segment to grow at a strong growth rate over the expected timeline. This is due to the growing electronics market, flexible products' cost-effectiveness, and their durability. Moreover, there has been a strong demand for consumer electronics, and an increase in electrical parts in the automotive industry is expected to influence market growth.
Polyimide Films & Tapes Market: By Region
Based on the geographic region, NA, APAC, CSA, MEA and Europe are the market divisions. The Asia-Pacific region will generate high revenue over the projected timeframe. The rising population coupled with consumer electronic products is leading to a higher market share. The aircraft parts and assembly production sector in the country is rising at a fast pace with the presence of over 200 small aircraft parts manufactures. Furthermore, North America is considered to be the second-fastest-growing region to hold the largest market share over the planned timeline due to the growth of automotive and aerospace investments that is anticipated to boost business growth.
Polyimide Films & Tapes Market: Share & Competitor Analysis
The leading competitors competing in this market are Taimide Tech. Inc., Saint-Gobain, Nitto Denko Corporation, Kaneka Corporation, Envisafe Ecology Co., Ltd., Yongkang Haotai Industry And Trade Co., Flexcon Company, PI Advanced Materials Co., Ltd., 3M Company, Aavid Kunze Gmbh, Circuit Components Supplies Ltd, Dunmore Corporation, Arakawa Chemical Industries, Ltd., Taiflex Scientific Co. Ltd., E. I. DU PONT DE Nemours & Company, Inc., Ltd., Toray Industries, Inc., Dr. Dietrich Müller Gmbh, Polyonics, Inc, Von Roll Holding Ag, Ube Industries Ltd., Evertech, Kolon Industries, Inc., Mitsubishi Gas Chemical Company Inc., and Suzhou Kying Industrial Materials Co., Ltd., among others.
Please note: This is not an exhaustive list of companies profiled in the report.
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Polyimide Films & Tapes Market: By Application
Polyimide Films & Tapes Market: By End-Use Industry
Polyimide Films & Tapes Market: By Region
The Global Electroencephalography Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Polyimide Films & Tapes Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.
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