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Polyimide Films Market Size

Report ID: GMI5648
Published Date: May 2023
Report Format: PDF

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Polyimide Films Market Size

Polyimide Films Market size reached USD 2.61 billion in 2023 and is poised to exhibit over 6% CAGR between 2024 and 2032. Driven by the growing advancements in the aerospace sector.

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Polyimide films are high-performance polymer films possessing a range of excellent properties, such as lightweight, flexible, has excellent heat and chemical resistant properties which allow them to be deployed in various end-user industries. Polyimide film provides great dielectric qualities in addition to great heat resistant qualities. The usual uses for polyimide film include mega-layer insulating blanket for space,tapes, flexible electronics, and several other high heat applications.

Polyimide Films Market Report Attributes
Report Attribute	Details
Base Year:	2023
Polyimide Films Market Size in 2023:	USD 2.61 billion
Forecast Period:	2024 to 2032
Forecast Period 2024 to 2032 CAGR:	6%
2032 Value Projection:	USD 4.5 billion
Historical Data for:	2018 to 2023
No. of Pages:	350
Tables, Charts & Figures:	195
Segments covered:	Application, End-use, and Region
Growth Drivers:	Aeronautics and a growing satellite projection business are driving the market Light weight electrical appliances will boost market growth
Pitfalls & Challenges:	the high prices of advanced products

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Moreover, they are frequently used to insulate wires & cables of motors and generators. Due to their lightweight, these films are also used in the insulation of aircraft wires to offer significant weight savings. These films enable the development of compact & complicated assemblies that minimize size and weight. The demand for polyimide films is expected to rise owing to the growing demand for lightweight electronic Applications along with low power consumption.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of polyimide films reached USD 2.61 billion in 2023 and is predicted to depict over 6% CAGR from 2024 to 2032, attributed to the consistent technological innovations in the aerospace sector.

The aerospace segment of polyimide films industry is anticipated to drive lucrative gains through 2032, owing to the exceptional thermal attributes of polyimide films that make them suitable for aerospace applications.

Asia Pacific market for polyimide film was valued at USD 887.2 million in 2022, driven by the flourishing automotive, aerospace, and electronics industry across several developed regional economies.

Notable players in the polyimide films market are I.S.T Corporation, Arakawa Chemical Industries Ltd., Kolon Industries, Inc., Anabond, FLEXcon Company, Inc., Nitto denko Corporation, Mitsubishi gas chemical company inc., Kaneka corporation, Arakawa chemical industries, Taiflex scientific co. Ltd. and others.