Advancement in aerospace technology and growing electronics sector to
boost global polyimide films market through 2024
According to TechSci Research report, “
Global Polyimide Films Market
By Application, By End-user Industry, By Region, Competition, Forecast
& Opportunities, 2024
”
, global polyimide films market is forecast to register a CAGR of over 10%
during the forecast period of 2019-2024. Polyimide films are used in
automobiles, aircraft, electrical and electronics and defense devices. They
have extensive use in electronics industry, as they are used in the
manufacturing of electrical wires, recording devices, flexible printed
circuit boards, cables, and in mobile and computer components. Growing
demand for electronic products is expected to positively impact global
polyimide films market in coming years.
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in-depth TOC on
” Global Polyimide Films Market “
https://www.techsciresearch.com/report/global-polyimide-films-market/3801.html
The market for polyimide films market is categorized into application and
end-user industry. Based on application, the flexible printed circuit
sub-segment is anticipated to grow at the highest CAGR during the forecast
period. The flexible printed circuit is extensively utilized by end-use
industries, predominantly automotive and electronics. Notably, there is a
high demand for polyimide films, as the flexible printed circuits aid in
reducing the size of the electronic devices as well as improving their
functionality.
Further, growing industrial demand for polyimide films is boosting the
number of new product launches, thereby propelling polyimide films market
across the globe. Among the regions, Asia-Pacific polyimide films market is
expected to continue its dominance during the forecast period, on account
of new innovations and studies expanding scope of application. The
polyimide films market in the region is driven by demand from countries
like India, China, Japan and South Korea, owing to rapid industrialization.
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“Expanding automotive and electronics industries in India and China coupled
with infrastructure developments in the Asian region are some of the major
factors steering growth of polyimide films market across the globe and
providing lucrative opportunities for companies operating in the industry.
Among the end-use industries, electronics segment is anticipated to grow at
the highest CAGR, as the polyimide films provide exceptional electrical
insulation properties under harsh conditions, like exposure to aggressive
chemicals, high temperature ranges and flexibility for component
manufacturers and equipment designers.”, said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management
consulting firm.
“
Global Polyimide Films Market
By Application, By End-user Industry, By Region, Competition, Forecast
& Opportunities, 2024
”
has evaluated the future growth potential of global polyimide films market
and provides statistics and information on market structure, size, share
and future growth. The report is intended to provide cutting-edge market
intelligence and help decision makers to take sound investment decisions.
Besides, the report also identifies and analyses the emerging trends along
with essential drivers, challenges and opportunities present in the global
polyimide films market.