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Polyimide Films Market

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<strong>Polyimide</strong> <strong>Films</strong> <strong>Market</strong><br />

Dental Adhesives and Sealants <strong>Market</strong> Analysis with Key Players, Applications, Trends and Forecasts by 2024 frf


<strong>Polyimide</strong> <strong>Films</strong> <strong>Market</strong> Growth Opportunities by Regions, Type and<br />

Application; Trends Forecast<br />

The increasing application of polyimide (PI) films in various industries, such as semiconductor &<br />

electronics, medical equipment manufacturing, and aerospace, and the emergence of polyimide tubing<br />

are some of the factors behind the healthy growth of the polyimide films market. In 2016, the market<br />

generated a revenue of $1,850.0 million, and it is predicted to value at $3,608.3 million by 2023,<br />

progressing at a CAGR of 10.1% during the forecast period (2017–2023). PI films are used in applications<br />

where a substantial and definitive performance is needed.<br />

The increasing use of consumer electronics, such as mobile phones and flexible displays fabricated with<br />

polyimide films, are boosting the growth of the PI films market. With rapid developments in technology,<br />

a revolution is being witnessed in the devices’ materials and coatings. This has boosted the popularity of<br />

polyimide tubing, which is a lightweight thermoset plastic with heat and chemical resistance and<br />

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<strong>Polyimide</strong> <strong>Films</strong> <strong>Market</strong> Growth Opportunities by Regions, Type and<br />

Application; Trends Forecast<br />

flexibility. Besides, the capabilities of polyimide tubing are gaining acknowledgment in the medical<br />

design sector due to the growing need for minimally invasive surgical devices.<br />

Hence, owing to such properties, PI films are used in a wide range of industries, such as medical,<br />

industrial, electronics, and military, which, in turn, is resulting in the healthy growth of the polyimide<br />

films market. These films are used in the manufacturing of flexible printed-circuit boards, rotating<br />

machines, electronic wires, integrated circuits, and recording equipment. In addition, these films are also<br />

used in coil, magnetic wire, capacitor and transformer insulation, and in gold leaf masking during wave<br />

soldering.<br />

Hence, the rising application of PI films in various industries and the rapid emergence of polyimide tubing<br />

are some of the reasons behind the massive growth of the market.<br />

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<strong>Polyimide</strong> <strong>Films</strong> <strong>Market</strong> Growth Opportunities by Regions, Type and<br />

Application; Trends Forecast<br />

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<strong>Polyimide</strong> <strong>Films</strong> <strong>Market</strong> Growth Opportunities by Regions, Type and<br />

Application; Trends Forecast<br />

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