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Polyimide Industry Size, Shares & Market Trends Analysis Report 2025-2030 Featuring Key Players DuPont, SABIC, Ube Industries & More
DDDuPont(DD) GlobeNewswire News Room·2025-04-21 11:05

Core Insights - The global polyimide market is projected to reach USD 1.83 billion by 2030, with a CAGR of 9% from 2025 to 2030 [1][10]. - The growth is primarily driven by demand from the electronics and semiconductor sectors, where polyimides are valued for their thermal stability and mechanical properties [2][3]. Market Drivers - The increasing use of smartphones, tablets, and wearable electronics is boosting the demand for flexible polyimide films [3]. - The expansion of data centers and cloud computing necessitates high-performance insulators that can withstand extreme conditions [3]. - In aerospace and automotive industries, polyimides are preferred for their lightweight and durable characteristics, contributing to fuel efficiency and reduced emissions [3]. - The rise of electric vehicles is further increasing the demand for polyimide components in battery systems and motor insulation [3]. Industry Trends - The trend towards miniaturization in various industries is benefiting the polyimide market, as there is a need for materials with excellent dimensional stability at microscopic scales [4]. - The medical device sector is increasingly utilizing polyimides for components that require biocompatibility and sterilization resistance [4]. - The renewable energy sector employs polyimides in solar panels, fuel cells, and energy storage systems due to their durability and resistance to environmental degradation [4]. Regional Insights - The Asia Pacific region dominates the global polyimide market, capturing a significant share due to its strong electronics manufacturing ecosystem [5]. - Key countries such as China, Japan, South Korea, and Taiwan are crucial in the production of semiconductors and consumer electronics, heavily utilizing polyimide materials [5]. - Japan remains a significant producer with companies like UBE Corporation and Kaneka Corporation, while China is rapidly enhancing its manufacturing capabilities [5]. Market Segmentation - The polyimide film segment held the largest revenue share of 68.24% in 2024, with an expected growth rate of 9.4% CAGR [9]. - The electrical & electronics segment led with a revenue share of 47.90% in 2024, while the automotive & transportation segment is projected to grow at a 9.6% CAGR [9]. - Asia Pacific is anticipated to maintain its dominance with a 53.68% market share in 2024, growing at a CAGR of 9.4% [9]. Strategic Developments - In December 2023, Arkema acquired a 54% stake in PIAM, South Korea's leading polyimide film producer, which is expected to drive a 13% annual growth in PIAM's sales due to rising demand in 5G antennas, OLED displays, flexible screens, and electric vehicles [9].