Global Polyimide Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global Polyimide Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Polyimide (Polyimide, abbreviated as PI) refers to a type of polymer containing an imide ring (-CO-NR-CO-) in the main chain. It is one of the organic polymer materials with the best comprehensive properties. It has a high temperature resistance of over 400°C and a long-term use temperature range of -200~300°C. Some of them have no obvious melting point and have high insulation properties. The dielectric constant is 4.0 at 103 Hz and the dielectric loss is only 0.004~0.007. It belongs to F to H class insulation. According to the chemical structure of the repeating units, polyimides can be divided into three types: aliphatic, semi-aromatic and aromatic polyimides. According to the inter-chain interaction force, it can be divided into cross-linked type and non-cross-linked type. As a special engineering material, polyimide has been widely used in aviation, aerospace, microelectronics, nanometers, liquid crystals, separation membranes, lasers and other fields. In the 1960s, various countries were listing the research, development and utilization of polyimide as one of the most promising engineering plastics in the 21st century.

Market Overview:

The latest research study on the global Polyimide market finds that the global Polyimide market reached a value of USD 5641.49 million in 2023. It’s expected that the market will achieve USD 8235.37 million by 2029, exhibiting a CAGR of 6.51% during the forecast period.

At present, the market stratification of China's polyimide industry is obvious: the high-end market in the first echelon is controlled by industry leaders and is in an oligopoly state, focusing on technological competition, driving the overall development of the industry; the low-end market in the second echelon is concentrated in electricians The production of grade PI film products is fiercely competitive and price competition is adopted. As the low-end PI product technology matures and the demand for PI materials in high-tech fields continues to expand, many companies have begun to deploy polyimide production.

The demand for polyimide in the downstream sector has driven the rapid development of China's polyimide (PI) industry. For example, the automotive industry's demand for high-performance materials continues to grow. At the same time, there is huge room for substitution of high-performance materials in the electronic and electrical fields. In 2018, China's electronic and electrical fields consumed a total of 5.61 million tons of high-end chemical materials, of which plastic demand was about 2.5 million tons. It is expected that by 2025 In 2018, the total demand for high-end plastics in this field will reach 4.16 million tons. At the same time, the rapid growth of flexible circuit board materials has driven the demand for high-performance materials such as polyimide films. Secondly, the improvement of technical level has further accelerated the development of polyimide industry. In 2019, there were more than 8,000 PI-related patents in China, and technology and production levels maintained rapid improvement; in 2020, the Shenzhen Ruihuatai Jiaxing project was launched. The current annual production capacity of the first phase of the project reaches 1,600 tons, benchmarking international production levels. The expansion of the scale of various high-tech industries has provided broad economic development soil for the consumption of polyimide, and the rapid iteration of technology has provided strong support for the increase in the scale of polyimide production capacity.

Region Overview:

From 2023-2028, Asia-Pacific is estimated to witness robust growth prospects

Company Overview:

DuPont

DuPont is a global enterprise based on scientific research, providing scientific solutions that improve the quality of human life in areas such as food and nutrition, health care, clothing, home furnishings and construction, electronics and transportation. In 2015, Dow Chemical and DuPont USA announced their merger, and the new company will become the world's second largest chemical company after BASF.

Kaneka Corporation

The main business includes chemical products, functional resins, foamed resin products, food, life sciences, electronic materials, synthetic fibers, etc. As a solution provider, Zhongyuan Chemical will strengthen global outsourcing and open innovation of technology to develop materials with overwhelming competitiveness. Zhongyuan Chemical will strengthen the allocation of resources in the fields of life sciences and electronics, realize impactful and original technologies, and continue to promote speed and scale.

Segmentation Overview:

Among different product types, Thin film segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Electronics and electrical segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Polyimide market covered in Chapter 3:

Solvay
Toray
UBE
Damai Technology
Kaneka Corporation
DuPont
Rehuatai
Zhuzhou period
SABIC
SKC Kolon

In Chapter 4 and Chapter 14.2, on the basis of types, the Polyimide market from 2019 to 2030 is primarily split into:

film
coating
Resin
fiber
other

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Polyimide market from 2019 to 2030 covers:

Aerospace
car
medical
Electronics and Electrical
other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)