Colorless Polyimide Films Market by Application (Flexible Displays, Flexible Printed Circuit Boards, Flexible Solar Cells, Lighting Equipment, Others), End-Use Industry (Electronics, Solar, Medical, Others), Region – Global Forecast to 2025

2020-05-29
Price :
Published : May-2020
No. of Pages : 151

“The colorless polyimide films market is projected to grow at a CAGR of 76.0% from 2020 to 2025, in terms of value.”

The colorless polyimide films market is projected to grow from USD 22 million in 2020 to USD 379 million by 2025, at a CAGR of 76.0% from 2020 to 2025. The increasing demand for colorless polyimide films from applications such as flexible displays, flexible solar cells, and flexible printed circuit boards, among others, is expected to drive the colorless polyimide films market.

“The flexible displays application segment is projected to grow at the highest CAGR during the forecast period.”

Based on application, the flexible displays segment is projected to grow at the highest CAGR during the forecast period. This growth is attributed to the increased use of polyimide films in the manufacturing of flexible displays. In recent years, there has been immense development in the field of flexible active-matrix organic light-emitting diode (AMOLED) displays wherein hard glass is replaced by a flexible substrate made up of colorless polyimide films. This has made the possibility of flexible displays a reality. Top smartphone manufacturers have already produced initial prototypes of smartphones with flexible displays such as Royole Corporation’s FlexPai, Samsung’s Galaxy Fold, Huawei’s Mate X, and Lenovo’s Cplus. Apple has also adopted the trend with a few patents of its own, related to bent edges using flexible OLEDs, foldable iPads, and a futuristic scrollable iDevice. Similarly, flexible substrates like colorless polyimides are being used to make laptops with foldable displays. In May 2019, Lenovo launched the world’s first foldable laptop with a 13-inch bendable screen that folds in half to become the size of a book. The device is still in the early stages of development, but the company plans to scale it to commercial production soon.

“The electronics end-use industry segment is projected to grow at the highest CAGR during the forecast period.”

Based on end-use industry, the electronics segment is projected to grow at the highest CAGR during the forecast period. Colorless polyimides provide excellent thermo-mechanical properties, have high chemical resistance, and are also optically transparent. These properties are suitable for manufacturing electronics such as flexible displays, flexible printed circuit boards, and lighting equipment. Fabricating temperatures may go as high as 300°C, and conventional aromatic polyimides tend to disintegrate or change their color at such high processing temperatures. Hence, the demand for colorless polyimides is expected to increase as manufacturing technologies become more efficient and consistent.

Polymeric optical films with high thermal stability, high dimensional stability at elevated temperatures, high optical transparency, and high tensile strength are widely required in modern electronics for use as substrates in flexible displays and to cover windows for flexible active-matrix organic light-emitting diode (AMOLED) devices. However, conventional polymeric optical films such as polyolefin and polyester films have poor thermal and dimensional stability while standard high-temperature polymer films such as polyimides have a highly colored appearance and poor optical transparency in the visible light region.

“Asia Pacific is projected to grow at the highest CAGR in the colorless polyimide films market during the forecast period.”

Asia Pacific is projected to grow at the highest CAGR in the colorless polyimide films market from 2020 to 2025. The market here has witnessed growth in the last few years, owing to the growing economies of countries and the increasing consumption of colorless polyimide films for flexible display manufacturing in countries such as China, Japan, and South Korea. All major flexible display manufacturers such as LG Display Co., Ltd. (South Korea), Samsung Electronics (South Korea), Innolux Corp. (Taiwan), AU Optronics (Taiwan), Japan Display Inc. (Japan), and BOE Technology Group Co. (China), Ltd are located in Asia Pacific.

Profile break-up of primary participants for the report:

  • By Company Type: Tier 1 – 45%, Tier 2 – 22%, and Tier 3 – 33%
  • By Designation: C-level Executives – 50%, Directors – 10%, and Others – 40%
  • By Region: North America – 33%, Europe – 25%, Asia Pacific – 17%, South America – 17%, Middle East & Africa – 8%

As a part of the qualitative analysis of the colorless polyimide films market, the research study provides a comprehensive review of drivers, restraints, opportunities, and challenges influencing the growth of the market across the globe. It also discusses competitive strategies adopted by leading market players such as E. I. du Pont de Nemours and Company (US), Kaneka Corporation (Japan), Kolon Industries Inc. (South Korea), SK Innovation Co., Ltd. (South Korea), Sumitomo Chemical Company Ltd. (Japan), Wuhan Imide New Materials Technology Co., Ltd. (China), Industrial Summit Technology (Japan), NeXolve Holding Company (US), Wuxi Shunxuan New Materials Co., Ltd. (China), and Suzhou Kinyu Electronics Co., Ltd. (China), among others.

Research Coverage:

The report defines, segments, and projects the size of the colorless polyimide films market based on applications, end-use industry, and region. It strategically profiles the key players and comprehensively analyzes their market share and core competencies. It also analyzes competitive developments, such as expansions and new product developments undertaken by them in the market.

Reasons to Buy the Report:

This report is expected to help market leaders/new entrants by providing them the closest approximations of revenue numbers of the colorless polyimide films market and its segments. The report is also expected to help stakeholders obtain an improved understanding of the competitive landscape of the market, gain insights to improve the position of their businesses, and devise suitable go-to-market strategies. It also enables stakeholders to understand the pulse of the market and provide them information on key market drivers, restraints, challenges, and opportunities.

Filed in: Chemicals
Publisher : marketsandmarkets
More Reports
Title Price Buy Now

Antimicrobial Coatings Market by Type (Silver, Copper, Titanium dioxide), Application (Medical & Healthcare, Foods & Beverages, Building & Construction, HVAC system, Protective Clothing, Transportation), & Region – Global Forecast to 2025

“Stringent regulations and growing adoption among end-users are projected to drive the antimicrobial coatings market.” The global antimicrobial coatings market size is projected to grow from USD 3.3 billion in 2020 to USD 5.6 billion by 2025, at a compound annual growth rate (CAGR) of 10.7% between 2020 and 2025. The global market has witnessed growth primarily due to stringent government regulations to prevent the spread of healthcare-acquired infections (HAIs) and to ensure paramount safety & hygiene in the medical and healthcare sector. Due to the COVID-19 pandemic, the demand for antimicrobial coatings has been increasing drastically in the medical & healthcare industry. Factors such as technological advancement, new product development, and growing adoption among severa......
$4950

Rodenticides Market by Type (Non-anticoagulants, Anticoagulants (FGAR, SGAR)), End use (Agricultural fields, Warehouses, Residential, Commercial), Mode of application (Pellet, Spray, and Powder), Rodent type, and Region – Global Forecast to 2026

“Rising urbanizationis causing displacement of rodents which is driving the rodenticides market”. The global rodenticides market size is estimated to be valued at USD 4.9 billion in 2020 and is projected to reach USD 6.6 billion by 2026, recording a CAGR of 5.0%. The increase in demand for rodent pest control services from the hospitality and tourism sectors is the major opportunity in rodenticides market. The growth of this market is projected to remain high due to the growing population of rodents, an increase in urbanization, along with the rise in instances of crop losses and other economic damages caused by rodents. The rodenticides market has high growth potential in developing countries, such as the Asia Pacific region, as the economic conditions in several countries in th......
$4950

Green Ammonia Market by Technology (Alkaline Water Electrolysis (AWE), Proton Exchange Membrane (PEM), and Solid Oxide Electrolysis (SOE)), End User (Transportation, Power Generation, and Industrial Feedstock), and Region – Global Forecast to 2030

“The global green ammonia market is projected to grow at a CAGR of 54.9% from 2020 to 2030” The global green ammonia market is projected to reach USD 852 million by 2030 from an estimated USD 11 million in 2020, at a CAGR of 54.9% during the forecast period. Rising obligations to reduce green house gas emissions from traditional ammonia methods has driven the global green ammonia market growth.Furthermore, increased agriculture production and subsequent rise in fertilizer consumption is driving the green ammonia market. However, higher initial capital requirements for green ammonia plant infrastructures is likely to hamper the growth of green ammonia market. “The power generation segment, by end user, is expected to be the largest and the fastest growing market from 2020 to 203......
$5650

Biofertilizers Market by Form (Liquid, Carrier-Based), Mode of Application (Soil Treatment, Seed Treatment), Crop Type, Type (Nitrogen-Fixing, Phosphate Solubilizing & Mobilizing, Potash Solubilizing & Mobilizing), Region – Global Forecast to 2025

 “The biofertilizers market is projected to grow at a CAGR of 11.6%, in terms of value, driven by the growth in the organic food industry, initiatives by government agencies and increasing awareness about the need for sustainability in modern agriculture.” The biofertilizers market is estimated to be valued at USD 2.3 billion in 2020 and is projected to grow at a CAGR of 11.6%,recording a value of USD 3.9billion by 2025. The growth of the biofertilizers market is driven by the growing organic food industry, initiatives by government agencies, and increasing awareness about the need for sustainability in modern agriculture. Rising awareness of the hazards of chemical fertilizers is also accelerating market growth. However, environment and technological constraints along with poor i......
$4950

Fuel Additives Market by Type (Deposit Control, Cetane Improvers, Lubricity Improvers, Cold Flow Improvers, Stability Improvers, Octane Improvers, Corrosion Inhibitors), Application (Diesel, Gasoline, Aviation Fuel) – Global Forecast to 2025

“Stringent governmental regulations are expected to drive the fuel additives market.” The fuel additives market is projected to reach USD 6.8 billion by 2025, at a CAGR of 3.2% between 2020 and 2025. The fuel additives market is largely driven by stringent government regulations in developed countries. Governments all over the world are imposing stringent environmental regulations to address growing concerns about the harmful effects of greenhouse gas (GHG) emissions.On the other hand, the rise in demand for alternate fuels is restraining the market. “The lubricity improvers segment is expected to be the fastest-growing type of fuel additives, in terms of value, between 2020 and 2025.” The lubricity improvers segment is expected to witness the highest growth, in terms of v......
$4950

Blowing Agents Market by Type (HC, HFC, HCFC), BY Foam (Polyurethane Foam, Polystyrene Foam, Phenolic Foam, Polyolefin Foam), and Region (APAC, North America, Europe, Middle East & Africa, South America) – Global Forecast to 2025

“Growing use of polymer foam in industries such as construction, automotive, and electronics to drive the blowing agent market.” The blowing agent market size is estimated to be USD 1.1 billion in 2020 and is projected to reach USD 1.6 billion by 2026, at a CAGR of 9.5%.The increasing polymeric foam application in industries such as packaging, automotive, building & construction, marine, transportation, appliances, bedding & furniture, and packaging industry is expected to drive the blowing agent market. Further, the increasing blowing agent usage in developing economies, mainly in the construction industry, is expected to boost the blowing agent consumption.The construction sector is a significant consumer of PIR/ PUR board, XPS board, and sandwich panels, which majorly ......
$4950

Microcapsule Market by Technology (Spray, Emulsion, Dripping), End-use Industry (Pharmaceutical & Healthcare, Food & Beverage, Household & Personal Care, Textile, Agrochemical, Others), Shell Material, Core Material, and Region – Global Forecast to 2025

“The microcapsule market is projected to grow at a CAGR of 9.8% from 2020 to 2025, in terms of value.” The microcapsule market is projected to grow from USD 8.7 billion in 2020 to USD 13.9 billion by 2025, at a CAGR of 9.8% from 2020 to 2025. The major reasons for the growth of the microcapsule market include increasing demand from the food industry, high demand from the pharmaceutical industry, rising demand from the agrochemical sector, increased R&D activities for process efficiency to enhance market penetration, and widespread applications of microcapsules “The melamine segment is estimated to lead the microcapsule market in terms of value from 2020 to 2025.” By shell material, the melamine segment is projected to grow with the highest CAGR during the forecast peri......
$5650

Nematicides Market by Type (Fumigants, Carbamates, Organophosphates, Bionematicides), Mode of Application (Fumigation, Drenching, Soil Dressing, Seed Treatment), Nematode Type (Root Knot, Cyst), Crop Type, Form, and Region – Global Forecast to 2025

 “Growing infestation of nematodes and increasing demand for high quality crops are set to drive the nematicides market”. The global nematicides market size is estimated to be valued at USD 1.3 billion in 2020 and is projected to reach USD 1.6 billion by 2025, recording a CAGR of 3.4%. The usage of biologicals and the provision of customized solutions targeted toward specific pests are some of the opportunities in the nematicides market. The adoption of nematicides has gained huge market share in the last few years due to the increased infestation of nematodes affecting the growth of the plants. The growth in population and consequent increase in demand for food has led to conventional agriculture being highly dependent on chemicals for pest control and elimination. But the rise......
$4950

Lubricants Market by Base Oil (Mineral Oil, Synthetic Oil, Bio-based Oil), Product Type (Engine Oil, Hydraulic Fluid, Metalworking Fluid), Application (Transportation and Industrial lubricants), Region – Global Forecast to 2025

“Global lubricants market projected to grow at a CAGR of 3.0% during the forecast period.” The global lubricants market size is projected to reach USD 182.6 billion by 2025 from USD 157.6 billion in 2020, at a CAGR of 3.0%. The growth is anticipated primarily due to development in Asia Pacific and the Middle East & Africa region post COVID-19 recovery, coupled with the rise in the Industrial sector. The factors restraining the growth of this market are the high cost of synthetic and bio-based lubricants. “Mineral oil was the largest segment of the lubricants market.” Mineral oil was the largest segment in the global lubricants market in 2019. The easy availability and low cost of mineral oil-based lubricants are expected to drive the market in the transportation applic......
$4950

Cosmetic Applicator Foam Market by Shape (Egg-shaped Sponges, Cosmetic Wedges, Others), Material Type (PU, Others), Region (North America, Asia Pacific, Europe, South America, Middle East & Africa) – Global Forecast to 2025

“The cosmetic applicator foam market is projected to grow at a CAGR of 10.6% from 2020 to 2025, in terms of value.” The cosmetic applicator foam market is projected to grow from USD 854 million in 2020 to USD 1,416 million by 2025, at a CAGR of 10.6% from 2020 to 2025. The growing cosmetic industry and the benefits of cosmetic applicator foams are the major factors driving the market for cosmetic applicator foam. “The cosmetic wedges segment is projected to grow at the highest CAGR during the forecast period.” Based on shape, the cosmetic wedges segment of the market is projected to register the highest CAGR during the forecast period. The key factors driving the growth of cosmetic wedges segment is its unique, user-friendly design, and competitive pricing. Cosmetic wedges......
$5650
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy