Transparency Market Research (TMR) observes that the
competitive landscape in the global polyimide films market is quite
fragmented due to a strong presence of large number of players.
Presently, the players are focused on research and development
activities to develop products that do not shrink. The competition is
slated to intensify due to large number of polyimide resin suppliers
and low switching costs. The top three players in the global
polyimide films market are DuPont, Kaneka Corporation, and SKCKOLON
PI Co. Ltd. These companies held a share of 64% in the overall market
in 2015.
This 124 page report gives readers a comprehensive
overview of the Polyimide films market. Browse Market Research Report
@
Flexible PCB Sees Higher Adoption due to
Increasing Sales of Consumer Electronics
According to the research report, the global
polyimide films market is expected to be worth US$ 1770.1 mn by 2024
from US$927.7 mn in 2015. During the forecast period of 2016 and
2024, the overall global market is likely to register a CAGR of 7.5%.
Flexible PCB accounted for 70% share of the global market in 2015 in
terms of volume. This application segment is projected to dominate
the global market in the coming years due to their growing uptake in
production of consumer electronics. Geographically, North America
held a dominant share in the global market. However, Asia Pacific is
expected to offer lucrative opportunities to the polyimide films as
manufacturing activities pick up pace in emerging economies.
The growing number of manufacturing activities and
increasing sales of electronic products has augmented the demand for
polyimide films in recent years. These films are extensively used in
the production of flexible circuits that are used in laptops,
smartphones, and many other consumer electronics products. In recent
years, polyimide films have also found application in the booming
aerospace industry as they are light in weight, which saves fuel and
improves engine performance. The need for lighter electronic products
is also expected to propel the demand for polyimide films in the near
future. Wireless communication and flexible displays are projected to
offer several lucrative opportunities to the overall market.
Widening Applications of Polyimide Films Favors
Market Growth
Polyimide is widely used in the production of
pressure sensitive adhesive tapes, which are largely used in
electrical products and the electronics industry. The growing usage
of these films for insulating cables and wires in satellites,
automotive components, generators, motors, and electrical submersible
pumps due to their excellent resistance to heat has also had a
positive impact on the revenue of the global market. Thus, the
widening application of polyimide films in various areas are expected
to favor market growth in the coming years.
Get accurate market forecast and analysis on the
Polyimide films market. Request a sample to stay abreast on the key
trends impacting this market@
High Cost of Processing to Hamper Growth of the
Market
On the flip side, the global polyimide films market
is likely to face a few tough challenges. For instance, the high cost
of processing is likely to hamper market growth. These films are made
by film casting techniques, which requires specific temperatures that
are very high to achieve. The market is also likely to be restrained
by the poor resistance offered by polyimide films to hydrolysis,
which means that these films absorb water when exposed while
processing. This makes the usage of polyimide films difficult in
humid weather.
This review is based on Transparency Market
Research’s report, titled “Polyimide Films Market (Application -
Wires and Cables Insulation, Flexible PCB, Labels, and Barcode) -
Global Industry Analysis, Size, Share, Growth, Trends and Forecast
2016 - 2024.”
The report segments the global Polyimide Films
market as:
Polyimide Films Market – Application Analysis
- Flexible PCB
- Wires and Cables Insulation
- Others (Barcode, Labels)
Polyimide Films Market - Regional Analysis
North America
- U.S.
- Canada
Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- ASEAN
- Rest of Asia Pacific (APAC)
Latin America
- Brazil
- Mexico
- Rest of Latin America (LATAM)
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa (MEA)
About
Us
Transparency Market Research (TMR) is a global market intelligence
company providing business information reports and services. The
company’s exclusive blend of quantitative forecasting and trend
analysis provides forward-looking insight for thousands of decision
makers. TMR’s experienced team of analysts, researchers, and
consultants use proprietary data sources and various tools and
techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team
of research experts so that it always reflects the latest trends and
information. With extensive research and analysis capabilities,
Transparency Market Research employs rigorous primary and secondary
research techniques to develop distinctive data sets and research
material for business reports.
Contact Us
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
No comments:
Post a Comment