A recent report published by Infinium Global Research on polyimide films market provides in-depth analysis of segments and sub-segments in the global as well as regional polyimide films market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional polyimide films market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global polyimide films market. According to the report, the global polyimide films market is projected to grow at a CAGR of 6.7% over the forecast period of 2019-2025.
The polyimide film is a type of polymer. It is made from imide monomers. It has three types on the basis of main chain-aliphatic, semi-aromatic and aromatic. Polyimide films are better known for thermal stability, excellent mechanical properties, chemical resistant products. These are used as a substitute for glass, metals, and steel in several industrial applications. Owing to its good mechanical properties, it is getting acceptance in several new industries as high-temperature fuel cells, flat panel display, and several other industrial applications. Now, it used as an insulating layer in the manufacturing of digital isolator semiconductor chips.
The growing focus on the low-cost leadership, differentiation and focus strategy in the automobile, electrical and electronic sector is helping to grow the demand for polyimide films products around the globe. The polyimide films are a cost-effective option as compared to glass, metal and steel components used in the production of the automobile, electronics industries. Additionally, these are less weight as compared to the glass, metal and steel parts, which helps to reduce the overall weight of the automobile products. Owing to the cost-effective and low weight properties, the demand for polyimide film is growing around the world. Additionally, several new startups, which are more focused on the differentiation and focused marketing strategy to grow in the developing market are using a large amount of polyimide film to make their product cost effective, and different products as compared to the other companies offering.
The Asia-Pacific is the largest market of the polyimide films market. Owing to the increasing demand for automobile, electrical & electronics, and solar products in this region the market of the polyimide film is growing. Additionally, the growing influx of different type of startups, MNCs in the Asia-Pacific region, owing to the presence of a big market and the availability of cheap labor is helping to grow the polyimide films market. Europe is the second largest market after Asia-Pacific, owing to the presence of a large number of automobile manufacturing companies in this region. Additionally, a high ratio of automobile products among the middle-class consumers in Europe is helping to grow the market of the polyimide films market in Europe.
The report on global polyimide films market covers segments such as application and end-use industry. On the basis of application, the sub-markets include flexible printed circuit, pressure sensitive tape, specialty fabricated product, wire and cable, and others. On the basis of end-use industry, the sub-markets include labeling, electronics, automotive, and others.
The report provides profiles of the companies in the market such as Goodfellow, Von Roll Holding AG, Anabond Limited, FLEXcon, KANEKA CORPORATION, Kolon Industries, Inc., I.S.T Corporation, DowDuPont, Inc., Saint-Gobain, and Suzhou Kying Industrial Material Co. Ltd.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of polyimide films market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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