Polyimide Film Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Global Polyimide Film Market Manufacturers and the market is divided into three sections: application (Flexible Printed Circuit, Specialty Fabricated Product, Pressure-Sensitive Tape, Wire and Cable, and Motor/Generator), end-user industry (Electronics, Automotive, Aerospace, Labelling, and Other End-User Industries), and geography (Asia-Pacific, North America, Europe, South America, and the Middle East and Africa). The report offers market size and forecasts in terms of revenue (USD million) for all the above segments.

Polyimide Films Market Size

Polyimide Films Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR > 5.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration High

Major Players

Polyimide Films Market Major Players

*Disclaimer: Major Players sorted in no particular order


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Polyimide Films Market Analysis

The polyimide film market is projected to register a CAGR of more than 5% during the forecast period. The market was negatively impacted by COVID-19 in 2020. However, the market has now been estimated to have reached pre-pandemic levels and is expected to grow steadily in the future.

  • The market is growing because the electronics industry is using it more and more and because the aerospace industry is using it more and more.
  • On the other hand, the high manufacturing cost of the polyimide film is expected to hinder the market's growth.
  • Over the next five years, the market is likely to grow because more people are choosing traditional polymer films like PET.
  • The Asia-Pacific region dominated the market around the world, with countries like China, India, and Japan being the biggest consumers.

Polyimide Films Market Trends

Expanding Electronics Industry

  • Polyimide film is the best substrate for high-temperature applications, so it is widely used in the electric and electronics industries.
  • Polyimide film is used in many electric and electronic products, like wires and cables, printed circuit boards, semiconductors, motors, generators, integrated circuits, speakers, tape-automated bonding, rotating machines, computers, medical technology, heavy equipment, and recording devices.
  • Moreover, China has the world's largest electronics production base. Electronic products, such as wires, cables, computing devices, and other personal electronic devices, recorded the highest growth in the electronics segment. The country serves the domestic demand for electronics and exports electronic output to other countries, thus providing a huge market for polyimide films.
  • China's Ministry of Industry and Information Technology says that the electronic information manufacturing sector made 5.66 trillion yuan in the first five months of 2022. This is a 7.4% increase from the same time last year.
  • Also, the Indian electronics industry is one of the fastest-growing industries globally. The domestic electronics manufacturing sector has been expanding at a steady rate, owing to favorable government policies such as 100% foreign direct investment (FDI), no requirement for industrial licenses, and the technological transformation from manual to automatic production processes.
  • According to "A Call to Action for Broadening and Deepening Electronics Manufacturing," a study by the Ministry of Electronics and IT, India wants to make USD 300 billion from electronics manufacturing by 2026.

So, because of all of the above, the electronics segment is expected to lead the market during the period covered by the forecast.

Polyimide Films Market: Share of Key Electronic Products Segments, India, (USD billion), 2020-21

Asia-Pacific to Dominate the Market

  • The Asia-Pacific region is expected to dominate the market for polyimide films during the forecast period. In places like China and India, the growth of industries like automotive, electronics, and others has caused the demand for polyimide films to go up.
  • China is a global leader in the electric car market, with a significant increase in the sales of new electric vehicles. A total of 3.3 million units of electric vehicles (EVs) were sold in China in 2021, representing an increase of 154% compared to the 1.3 million units sold in 2020.
  • Further, according to the China Association of Automobile Manufacturing, the production of New Energy Vehicles in the country witnessed a year-on-year increase of 96.9 percent in December 2022. So, the growing market for electric vehicles is likely to increase the demand for polyimide films over the next few years.
  • Also, India witnessed a significant increase in the production of passenger vehicles. For instance, according to the latest data published by the Society of Indian Automobile Manufacturers, the production of passenger vehicles reached 3,650,698 for the FY 2021-2022, representing an increase of 19% compared to the FY 2020-21.
  • Furthermore, China is the largest base for electronics production in the world. Electronic products, such as smartphones, TVs, wires, cables, portable computing devices, gaming systems, and other personal electronic devices, recorded the highest growth in the electronics segment.
  • The country not only makes electronics for its own people, but it also sells electronics to other countries and is one of the top PCB makers in the world.
  • Due to the growth of the automotive, electronics, and other industries in the Asia-Pacific region, it is expected that this region will lead the market over the next few years.
Polyimide Films Market - Growth Rate by Region, 2023-2028

Polyimide Films Industry Overview

The polyimide film market is consolidated by nature. Some of the major players in the market include PI Advanced Materials Co. Ltd., 3M, Kaneka Corporation, Taimide Tech Inc., and DuPont, among others (in no particular order).

Polyimide Films Market Leaders

  1. PI Advanced Materials Co., Ltd.

  2. Taimide Tech Inc.


  4. 3M

  5. DuPont

*Disclaimer: Major Players sorted in no particular order

Polyimide Films Market Concentration
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Polyimide Films Market News

  • December 2022: Toray Industries, Inc. developed a new version of its photosensitive polyimide coating material called PHOTONEECE. N-Methyl-2-pyrrolidone (NMP)-free technology is used in this improved material to reduce the possible effects of that organic component on the environment.
  • May 2022: DuPont launched a new Kapton polyimide film and Pyralux flexible circuit materials production line in Circleville, Ohio.

Polyimide Films Market Report - Table of Contents


    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study




    1. 4.1 Drivers

      1. 4.1.1 Increasing Demand from the Electronics Industry

      2. 4.1.2 Accelerating Usage in the Automotive and Aerospace Industry

    2. 4.2 Restraints

      1. 4.2.1 High Manufacturing Cost of the Polyimide Film

      2. 4.2.2 Other Restraints

    3. 4.3 Industry Value Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION (Market Size in Value)

    1. 5.1 Application

      1. 5.1.1 Flexible Printed Circuit

      2. 5.1.2 Specialty Fabricated Product

      3. 5.1.3 Pressure Sensitive Tape

      4. 5.1.4 Wire and Cable

      5. 5.1.5 Motor/Generator

    2. 5.2 End-user Industry

      1. 5.2.1 Electronics

      2. 5.2.2 Automotive

      3. 5.2.3 Aerospace

      4. 5.2.4 Labeling

      5. 5.2.5 Other End-user Industries

    3. 5.3 Geography

      1. 5.3.1 Asia-Pacific

        1. China

        2. India

        3. Japan

        4. South Korea

        5. Rest of Asia-Pacific

      2. 5.3.2 North America

        1. United States

        2. Canada

        3. Mexico

      3. 5.3.3 Europe

        1. Germany

        2. United Kingdom

        3. Italy

        4. France

        5. Spain

        6. Rest of Europe

      4. 5.3.4 South America

        1. Brazil

        2. Argentina

        3. Rest of South America

      5. 5.3.5 Middle-East and Africa

        1. Saudi Arabia

        2. South Africa

        3. Rest of Middle-East and Africa


    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share(%)**/Ranking Analysis

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 Arakawa Chemical Industries, Ltd.

      2. 6.4.2 3M

      3. 6.4.3 DuPont

      4. 6.4.4 FLEXcon Company, Inc.

      5. 6.4.5 I.S.T Corporation

      6. 6.4.6 Kaneka Corporation

      7. 6.4.7 PI Advanced Materials Co. Ltd.

      8. 6.4.8 Saint-Gobain

      9. 6.4.9 TAITRA

      10. 6.4.10 Taimide Tech Inc.

      11. 6.4.11 UBE Corporation

      12. 6.4.12 Zhejiang Hecheng Electric Technology Co. Ltd.

    5. *List Not Exhaustive

    1. 7.1 Rising Preference for Conventional Polymer Films Such As PET

**Subject to Availability
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Polyimide Films Industry Segmentation

Polyimide film is a lightweight, flexible polymer-based material with superior thermal, chemical, and dielectric properties. Polyimide films are extensively used in various applications due to their unique high- and low-temperature operating capabilities. The polyimide film market is segmented by application, end-user industry, and geography. By application, the market is segmented into flexible printed circuits, specialty fabricated products, pressure-sensitive tape, wire and cable, and motors and generators. By end-user industry, the market is segmented into electronics, automotive, aerospace, labeling, and other end-user industries. The report also covers the market size and forecasts in 15 countries across major regions. For each segment, market sizing and forecasts have been done based on revenue (USD million).

Flexible Printed Circuit
Specialty Fabricated Product
Pressure Sensitive Tape
Wire and Cable
End-user Industry
Other End-user Industries
South Korea
Rest of Asia-Pacific
North America
United States
United Kingdom
Rest of Europe
South America
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Polyimide Films Market Research FAQs

The Polyimide Films Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)

PI Advanced Materials Co., Ltd., Taimide Tech Inc., KANEKA CORPORATION, 3M and DuPont are the major companies operating in the Polyimide Films Market.

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

In 2024, the Asia Pacific accounts for the largest market share in Polyimide Films Market.

The report covers the Polyimide Films Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Polyimide Films Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Polyimide Films Industry Report

Statistics for the 2024 Polyimide Films market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Polyimide Films analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Polyimide Film Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)