The Global Polyimide Film Market is Segmented By Coating ( Single-Sided, Double-Sided), By Application(Wire insulation, Sensitive Pressure Tape, Flexible printed circuitry, Non-glass displays, Medical tubing, Radiation protection of satellites & spacecraft, Others), By End-User(Automotive, Electronics, Aerospace, Labeling, Medical, Military, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) ā Share, Size, Outlook, and Opportunity Analysis, 2024-2031
The global "polyimide film market"size was worth US$ YY million in 2023 and is estimated to reach US$ YY million by 2031, and register a revenue CAGR of 5.8% over the forecast period (2024-2031).
Polyimide Film Market Scope and Summary
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Metrics |
Details |
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Market CAGR |
5.8% |
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Segments Covered |
By Coating, By Application, By End-User, and By Region |
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Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other vital insights. |
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Fastest Growing Region |
Asia Pacific |
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Largest Market Share |
North America |
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Polyimide films are utilized in applications where reliable and durable performance is required in harsh environments. Polyimide film is a lightweight, flexible polymer-based material with superior heat and chemical-resistant properties. Polyimide film can endure temperatures ranging from -269Ā° C to 400Ā° C. In addition to unique heat resistance properties, polyimide film also has exceptional dielectric properties.
Polyimide film may be used for multi-layer insulation blankets for space, flexible electronics, tapes, and other high-heat applications. Polyimide films have undergone rapid development in recent years, the main emphasis being on engineering applications. Recently, there have been exceptional efforts to develop flexible and transparent products for conformable and roll-up display applications. For instance, Kolon Industries had over 104 patents related to clear polyimide films, accounting for 80& of the total domestic patents in this sector. Polyimide films have been used in various industries such as aerospace, automotive, medical, labeling, electronics, and others.
Source: DataM Intelligence Analysis (2023)
Polyimide Film Market Dynamics and Trends
The global polyimide film market growth is driven by replacing mobile glass screens with transparent polyimide films.
Efforts to replace mobile glass screens with transparent polyimide films
Transparent Polyimide Film is a high-performance film with heat resistance, excellent light permeability, high mechanical strength, and high resistance to solvents. Smartphones are ubiquitous, and most users would admit to cracking the glass of their display at some point. The glass used by all manufacturers is durable but has two downsides: it is prone to cracking and breakage and weighs a substantial amount given the device's size. A lighter smartphone, with the glass display replaced with a piece of film, would be a significant advantage. The show would be high quality, colorless, have the appropriate tactile feel, and have zero chance of screen shattering when it is dropped. The technology could replace virtually any type of portable display.
Various companies have invested years in R&D for manufacturing transparent polyimide films and are now launching new products to replace glass screens. For instance, in 2019, SK Innovation paced up its high-tech materials business with the transparent polyimide business, which plays a crucial role in implementing foldable displays. The company will manufacture good PI that can replace glass, a convenient cover window. Moreover, in 2018, Kolon Industries Inc supplied foldable smartphone developers with a new transparent polyimide film prototype for smartphone cover windows. The company has developed a next-generation display material as transparent and robust as glass, but it can be folded hundreds without leaving any scratches. The company has commenced the new film's mass production by establishing a production line in its Gumi plant by investing about US$ 80.72 million.
Poor processability and deep color of conventional aromatic PIs
Polyimides (PIs) have been used in various high-tech fields because of their excellent comprehensive performance. However, the drawbacks of poor processability and deep color of conventional aromatic PIs limited their applications in the modern optoelectronic field, particularly in flexible electronic and displayed technology. Generally, the presence of intramolecular and intermolecular charge transfer complexes is supposed to cause the deep color of PIs.
The rigid backbones direct the insolubility and infusibility of PIs. In addition, the processing temperature on flexible polymer substrates usually is over 300 Ā°C in the fabrication of thin-film-transistors used in flexible active-matrix organic light-emitting display devices. Numerous efforts have been made to develop colorless polyimides with superior heat resistance, suitable coefficient of good processability, and thermal expansion. But so far, it is still a vast challenge to balance the mutual restriction of colorless transparency/processability of PIs.
Covid-19 Impact on Polyimide Film Market Growth
Due to the pandemic, the polyimide film industry has been stable. The Covid-19 pandemic sparked a robust increase in sales in many consumer electronics market sectors in 2020. Polyimide films are widely used for manufacturing numerous electronic products, such as smartphones, TVs, wires, cables, portable computing devices, and other personal electronic devices. Most countries have witnessed a spike of 5-10% in the consumer electronics market.
The demand from the automotive sector was hampered in the initial months of the pandemic but has recovered in 2020. Moreover, the need for polyimide films has witnessed sharp growth in the medical sector. The demand for polyimide films is expected to boost aerospace, labeling, military, and other applications in the forecast period.
Polyimide Film Market Segment and Shares Analysis
By end-user, the polyimide film market is segmented into automotive, electronics, aerospace, labeling, medical, military, and others,
The rising sales of compact electronic devices are boosting the demand for the polyimide film market
Polyimide film in the electronics industry is expected to hold a significant share of the high-temperature insulation market in the forecast period. Polyimides are particularly impressive for microelectronics and the high-voltage electrical engineering industry because of their high thermal stability, low dielectric constant, elevated glass transition temperature, and good electrical insulation properties. Polyimide films are widely used to manufacture printed circuit boards in compact electronic devices, such as portable computers, panel boards, watches, digital cameras, etc. The ongoing smartphone advancements and fast internet speeds are expected to boost the polyimide film market.
Various leading polyimide companies have seen lucrative opportunities in the electronics industry. For instance, in 2019, Taimide Technology Inc began a production line in Miaoli County, boosting its polyimide film capacity by 40% as it targets the expanding demand for 5G foldable smartphones. Taimide spent US$ 58.8 million, its most significant investment, creating a production line in Tongluo Industrial and research-and-development center. The new production line combines 600 tonnes of PI film with the existing capacity of 1,500 tonnes a year, helping fuel revenue growth momentum.
Source: DataM Intelligence Analysis (2023)
Polyimide Film Market Geographical Analysis
The expanding automotive and electronics industry in the Asia-Pacific will boost the sales of polyimide film.
Asia-Pacific region holds a significant market share for the polyimide film market globally. The need for consumer electronics and automotive products is rapidly increasing, boosting the demand for polyimide films in the region. A flexible circuit board, also known as an FPC board, is a printed circuit made of a flexible insulating substrate. The conventional flexible board has a multi-layer structure composed of copper foil, an insulating substrate, a cover film, etc., generally using copper foil as a conductor circuit material and a PI film as a circuit insulating substrate. Polyimide films have exceptional mechanical, temperature, electrical and chemical resistance, making them optimal for demanding industries with critical performance or harsh exposure conditions. Because of its temperature stability and electrical insulation ability, polyimide film has served a useful purpose in electronics manufacturing. The film acts as an insulating and protective layer on electrostatically sensitive components. According to Electronics System Design and Manufacturing, the Indian electronics market will grow up to US$ 400 billion by 2025. Moreover, the boom in the manufacturing of electric vehicles has also enhanced market growth. Total sales of EVs in China were 1.3 million, an expansion of 8% compared to 2019 and 41% of total EVs sold worldwide.
The companies are expanding their product line to cater to the demand of numerous industries. In 2018, Kaneka Corporation expanded production facilities for ultra-heat resistant polyimide films*1 in Shiga Manufacturing Site and high thermal conductive graphite sheets in the Tochigi Kaneka site. The investment costs are about 11 billion yen, and the facilities are projected to start in 2019. Due to the arrival of the IoT and AI society, Kaneka will expand production capacity to satisfy the high demand for polyimide materials that promote digital devices and communication systems which is now quickly becoming sophisticated.
Source: DataM Intelligence Analysis (2023)
Polyimide Film Companies and Competitive Landscape
The polyimide film market is highly competitive due to its ease in manufacturing and numerous applications in the sectors. In addition, some key players contributing to the market's growth are PI Advanced Materials Co. Ltd, Merck KGaA, DuPont, Kaneka Corporation, Dunmore, Taimide Tech Inc., Toray Group, Kaneka Corporation, UBE Industries Ltd, Kolon Industries Inc, and others. The major players are adopting various new strategies to dominate the market, such as launching new products, acquisitions, and collaborations, and contributing to the global growth of the polyimide film market.
DuPont de Nemours, Inc.
Overview: DuPont de Nemours, Inc. has segmented its product portfolio into 15 segments to offer in 3 major sectors: Electronics & Industrial, Mobility & Materials, and Water & Protection. The company has research centers, manufacturing sites, and offices in more than 40 countries globally. DuPont has 10 major Research & Development Centers around the world.
Product Portfolio: The Company offers polyimide film products under the DuPont Kapton brand. Polyimide film products are available for a wide range of applications ranging from circuits in cameras to photovoltaic cells.
Recent Development: In 2021, DuPont Interconnect Solutions, a unit of DuPont Electronics & Industrial, announced its US$ 220 million expansion at the Circleville site. The investment will increase the production of Kapton polyimide film and Pyralux flexible circuit materials and will ensure a committed supply is available to meet the growing global demand in the automotive, consumer electronics, and high-performing industrial, and defense market segments.
Why Purchase the Report?
- Visualize the polyimide film market segmentation by coating, application, end-user, and region, highlighting the key commercial assets and players
- Identify commercial opportunities in polyimide film by analyzing trends and co-development deals.
- Excel data sheet with thousands of data points of polyimide film market-level 4/5 segmentation
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- Product mapping in excel for the key product of all major market players
The global polyimide film market report would provide approximately 59 market data tables, 61 figures, and 210 pages.
Target Audience 2024
- Polyimide Film Manufacturers
- Automotive Manufacturers
- Electronics companies
- Aerospace Companies
- Industry Investors/Investment Bankers
- Education & Research Institutes
- Research Professionals
