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The global polyimide films market attained a value of about USD 2.33 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 9.3% to reach nearly USD 5.19 billion by 2032.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market attained a value of nearly USD 2.33 billion.
The market is projected to grow at a CAGR of 9.3% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 5.19 billion by 2032.
The major market drivers are the rising demand for durable and flexible materials in electronic systems, the increasing use of polyimide films in flexible printed circuit (FPC), and the extensive deployment of polyimide films in multi-layered insulation systems of aircraft.
The key trends propelling the market demand include the rising demand for polyimide films in 3D printing and the increasing use of polyimide films in the electronics sector.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The various applications of polyimide films are flexible printed circuit (FPC), speciality fabricated product, pressure sensitive tape, wire and cable, and motor/generator.
The major end uses of the product are electronics, automotive, aerospace, and labelling, among others.
The major players in the market are Compagnie de Saint-Gobain S.A., E. I. Du Pont De Nemours and Company, Kolon Industries, Inc., Kaneka Corporation, and Taimide Tech, Inc., among others.
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