MarketsandMarkets Exclusive Report - Trademarks, traders and tradeers of polyimide films and tapes in the US worth 2,4 billion by 2026 Exclusive report by MarketSand Market
"Polyimide Films and Tapes Market" published in the new market research report, "Secrets & Taps: a market study report," Sept. 15, 2021. In the country, the economy will rethink to 2026. Market estimates are estimated to be USD 1.6 billion in 2021 and projected to reach USD 2.5 billion by 2026, at an 8.5% CAGR between 2022 and 2023. The growing demand for flexible displays and optoelectronics is one of the key factors driving this market's growth.
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Flexible printed circuits is the leading application segment of polyimide films and tapes market.
From 2021 to 2026, the flexible printed circuit segment is projected to grow at the highest CAGR. Flexible printed circuits are widely used in automotive and electronics industries. Polyimide films and tapes are also the most preferred insulating material because of their low dielectric constant. Flexible printed circuits demand high demand, if they are bent once or once during package assembly or because they undergo continuous flexing as and when necessary. Since it's a very high temperature range and unrestricted solderability, manufacturing companies prefer polyimide films and tapes to be able to serve as base material instead of polyethylene terephthalate ( Flexible printed circuits are widely used in industries such as aerospace, electronics, and medical.
Currently, the polyimide films market will dominate the end-use industry segment on the fastest growing segment of the market for the most-growing end consumer electronics market.
From 2021 to 2026, the electronics segment will likely grow at the highest CAGR from 2022 - 2025, according to end-user industry. Polyimide films and tapes are excellent insulation properties in harsh environments, such as high temperature ranges and exposure to aggressive chemicals. A result of their design flexibility, they increasingly use components and equipment designers to use them. The electronics industry is the world's biggest consumer of polyimide films and tapes.
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The segment Asia Pacific accounted for the largest share of polyimide films and tapes in the polyamide films& tape market.
In 2020, the largest share of polyimide films and tapes in Asia Pacific is in the polyurethane market. China, India, Japan and South Korea are key countries contributing to the high demand for polyimide films in this region. The rise of consumer electronics demand, particularly in emerging Asian markets, has caused rise in price, thereby contributing to the growth of polyimide films and tapes in this region.
The main players in polyimide films and tapes market are E. I. DuPont de Nemours and Company (US), PI Advanced Material Co., Ltd. (South Korea), Ube Industries Ltd. (Japan), Taimide Tech. Japan, Tokyo, Japan and Tokyo respectively, Shinmax Technology Ltd. (China), Japan (Seattle), Japanese (Arakawa) and Japan-based companies, Fujinasi and Shinumi Ltd, Inc. (Taiwan) and FLEXcon Company, Inc. (USA) (TAiw) are.
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