The electronics industry is growing rapidly due to rapid technological innovations in the sector. For instance, according to a report published by the National Investment Promotion & Facilitation Agency, the Indian electronics industry is expected to grow 6.5 times, and is projected to reach $152 billion from $23.5 billion by 2025. Polyimide films exhibit superior insulation ability and temperature stability that make them suitable for use as an insulating and protective layer on electrostatically sensitive and fragile electric components such as semiconductors, wires and cables, printed circuit boards, motors, and generators. This acts as one of the key drivers of the global polyimide film market. Moreover, the electronic industry is expanding attributed to factors such as replacements of conventional electronic products, improvement in standard of living, intense R&D investments, and rise in middle-class per capita income. All these factors collectively escalate the demand for polyimide films, thereby augmenting the market growth, globally.

Request Sample Report at @ https://www.alliedmarketresearch.com/request-sample/14623

However, high production cost restrains the market growth. The manufacturing process of polyimide films involves several stages such as preparation of resin mixture, synthesizing, polymerization, and imine treatment. These processes require skilled professionals and highly sophisticated machines to impart several significant properties such as high tensile strength, electrical insulation, high thermal stability, and excellent dielectric properties.

On the contrary, development of transparent polyimide films with flexible substrate is predicted to offer new opportunity in the forecast period. Although conventional polyimide films possess excellent optical transparency, they lack the flexibility that restrains their applications in advanced optoelectronic engineering.

Purchase Enquiry Report @ https://www.alliedmarketresearch.com/purchase-enquiry/14623

The global polyimide film market analysis is done based on application, end use, and region. The applications covered in the study include flexible-printed circuit, pressure-sensitive tape, wire & cable, specialty fabricated product, and others. On the basis of end use, the market is categorized into electronics, automotive, aerospace, labelling, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Market Players:

Arakawa Chemical Industries Ltd
DuPont
FLEXcon Company Inc
Kaneka Corporation
KOLON Industries
Saint Gobain
SHINMAX Technology Ltd
Taimide Tech. Inc
Toray Industries Inc
Impact Of Covid-19 On The Global Polyimide Film Market:

The novel coronavirus is an incomparable global pandemic that has spread to over 180 countries and caused huge losses of lives and the economy around the globe. The major end users of polyimide films such as electronics, aerospace, automotive, labeling, and solar have been negatively impacted due to the pandemic outbreak.
The ongoing health crisis has further increased the supply–demand gap, thus hampering the global polyimide film supply chain. According to an article published by the Economic Times, the exports of electronic products such as wires and cables, and semiconductors have declined due to supply chain issues.
Moreover, several electronics companies have either shut down or shrank their operations due to the risk of infections among the workforce. Moreover, more than 100 countries have sealed their international borders for transportation and halted nonessential trade activities, which, in turn, have reduced the consumption of polyimide films among several end-use sectors.
In addition, the falling income of customers and international travel restrictions have led to a contraction of the demand for polyimide films among the aerospace sector. For instance, according to a report published by the Airlines for America, the commercial airline passenger volume in September 2020 was 68% less than in September 2019, affecting long-term existential threats to manufacturers, the supply chain, and the entire air travel industry. Moreover, COVID-19 has put a temporary brake on various aircraft manufacturing projects, which, in turn, has shrunk the demand for polyimide films among the aerospace sectors.
Interested in Procuring This Report? Visit Here @ https://www.alliedmarketresearch.com/polyimide-film-market/purchase-options

However, the introduction of polyimide films with flexible substrates has widened the application of polyimide films in flexible active-matrix organic light-emitting diode (AMOLED) displays, replacing the hard glass with flexible substrates and making displays thinner, lighter, and less fragmented. This is projected to open new avenues for the expansion of the global market during the forecast period. Moreover, transparent polyimide films with the flexible substrate are widely employed in solar cells to withstand processing temperatures of over 3000°C, which, in turn, makes it possible to produce high-efficiency solar cells

Key Benefits for Polyimide Film Market:

The report outlines the current market trends and future estimations from 2020 to 2030 to understand the prevailing opportunities and potential investment pockets.
The Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
The major countries in the region have been mapped according to their individual revenue contribution to the regional market.
The key drivers, restraints, and opportunities and their detailed impact analysis are explained in the study.
The profiles of key players and their key strategic developments are enlisted in the report.
About Us:

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
[email protected]
Web: https://www.alliedmarketresearch.com

Follow us on LinkedIn and Twitter