The Polyimide Films and Tapes Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Polyimide Films and Tapes Global Market Report 2024, 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.
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.
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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
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 tapessector 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 report table of contents includes:
1. Executive Summary
2. Polyimide Films and Tapes Market Characteristics
3. Polyimide Films and Tapes Market Trends And Strategies
4. Polyimide Films and Tapes Market – Macro Economic Scenario
5. Global Polyimide Films and Tapes Market Size and Growth
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26. South America Polyimide Films and Tapes Market
27. Brazil Polyimide Films and Tapes Market
28. Middle East Polyimide Films and Tapes Market
29. Africa Polyimide Films and Tapes Market
30. Polyimide Films and Tapes Market Competitive Landscape And Company Profiles
Top Major Players:
- DuPont de Nemorus Inc
- 3M Company
- Arakawa Chemical Industries Ltd
- Dunmore
- FLEXcon Company Inc
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