[151 Pages Report] 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.
Based on application, the flexible displays segment accounted for the largest share of the colorless polyimide films market in 2019. Currently, displays can be classified according to their degree of flexibility: flat displays are made of plastic or another non-glass backplane for the benefit of lightness or ruggedness; formed displays are bent once, such as curved automobile dashboard but cannot be flexed further; flexible displays, on the other hand, may be bent or flexed but cannot be rolled. The prospect of flexible displays is promising, but their development is subject to current technical knowledge and manufacturing capabilities. Researchers have been focusing on developing advanced materials, and at the forefront of making flexible displays a reality is the optical polymer film termed as colorless polyimide.
Based on end-use industry, the electronics segment accounted for the largest share in 2019. 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.
Innovation, price deflation, and rising household incomes, especially in emerging markets in Asia Pacific, have resulted in high demand for consumer electronics products in the region. Asia Pacific countries are well-positioned to enter the field of flexible electronics and dominate their commercial applications. Countries of this region have numerous large industrial groups with extensive manufacturing capabilities in sectors directly relevant to flexible electronic devices such as microelectronics, optoelectronics, printed electronics, photovoltaics, and flexible displays. Research capabilities in these countries have become adept due to government support, which includes government laboratories, universities, and company R&D centers. Countries like China, South Korea, Taiwan, and Japan are the major countries in this region’s colorless polyimide films market. These countries have not only colorless polyimide fabricating prowess but also major electronic manufacturing companies that help maintain the supply-demand equilibrium.
Key players in this market are E. I. du Pont de Nemours and Company (US), Kaneka Corporation (Japan), Kolon Industries Inc. (South Korea), SK Innovation Co., Ltd. (South Korea), and Sumitomo Chemical Company Ltd. (Japan). Other noteworthy public and private players in this market are 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).
Market Size Available for Years
Base Year Considered
Value (USD Million, USD Thousand) Volume (Sq. meter)
Application and End-use Industry
North America, Asia Pacific, Europe, and Rest of the World
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)
This research report categorizes the colorless polyimide films market based on application, end-use industry, and region, and forecasts revenues as well as analyzes trends in each of these submarkets.
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TABLE OF CONTENTS
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 MARKET SCOPE
1.3.1 MARKETS COVERED
1.3.2 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY & PRICING
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
220.127.116.11 Key data from secondary sources
2.1.2 PRIMARY DATA
18.104.22.168 Key data from primary sources
22.214.171.124 Key industry insights
126.96.36.199 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN & DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE MARKET OPPORTUNITIES
4.2 GLOBAL COLORLESS POLYIMIDE FILMS MARKET, BY APPLICATION
4.3 GLOBAL COLORLESS POLYIMIDE FILMS MARKET, BY END-USE INDUSTRY
4.4 GLOBAL COLORLESS POLYIMIDE FILMS MARKET, BY REGION
5 MARKET OVERVIEW
5.2 MARKET SEGMENTATION
5.3 MARKET DYNAMICS
5.4 PORTER’S FIVE FORCES ANALYSIS
5.4.1 BARGAINING POWER OF SUPPLIERS
5.4.2 THREAT OF NEW ENTRANTS
5.4.3 THREAT OF SUBSTITUTES
5.4.4 BARGAINING POWER OF BUYERS
5.4.5 INTENSITY OF COMPETITIVE RIVALRY
6 INDUSTRY TRENDS
6.2 PRICING TRENDS
6.3 COVID-19 IMPACT
6.4 APPLICATION SPECIFIC PROPERTIES OF CPI
6.5 ALTERNATIVES OF CPI
6.5 ECONOMIC INDICATORS
7 GLOBAL COLORLESS POLYIMIDE FILMS MARKET, BY APPLICATION
7.1 FLEXIBLE DISPLAYS
7.2 FLEXIBLE SOLAR CELLS
7.3 FLEXIBLE PRINTED CIRCUITS BOARDS
7.2 LIGHTING EQUIPMENT (OLED AND LED LIGHTS)
7.7 OTHERS (DRUG DELIVERY TUBES, ELECTROMAGNETIC INTERFERENCE (EMI) SHIELDING)
8 GLOBAL COLORLESS POLYIMIDE FILMS MARKET, BY END-USE INDUSTRY
9 GLOBAL COLORLESS POLYIMIDE FILMS MARKET, BY REGION
9.2.4 SOUTH KOREA
9.2.7 REST OF ASIA-PACIFIC
9.3.6 REST OF EUROPE
9.4 NORTH AMERICA
9.5 MIDDLE EAST & AFRICA
9.5.1 SAUDI ARABIA
9.5.3 REST OF MIDDLE EAST & AFRICA
9.6 SOUTH AMERICA
9.6.2 REST OF LATIN AMERICA
10 COMPETITIVE LANDSCPAE
10.2 COMPETITIVE BENCHMARKING
10.3 COMPETITIVE SITUATIONS AND TRENDS
10.3.5 NEW PRODUCT LAUNCHES
11 COMPANY PROFILES
(Business Overview, Products & Services, Key Insights, Recent Developments, Business Strategy) *
11.1. KOLON INDUSTRIES, INC.
11.2. MITSUBISHI GAS CHEMICAL COMPANY INC.
11.4. NEXOLVE MATERIALS
11.5. KANEKA CORPORATION
11.7. WUHAN IMIDE NEW MATERIALS TECHNOLOGY CO.,LTD
11.8. WU XI SHUN XUAN NEW MATERIALS
11.9. INDUSTRIAL SUMMIT TECHNOLOGY CORPORATION
*Details on Business Overview, Products & Services, Key Insights, Recent Developments, and Business Strategy might not be captured in case of unlisted companies
12.1 INSIGHTS FROM INDUSTRY EXPERTS
12.2 DISCUSSION GUIDE
12.3 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE
12.4 AVAILABLE CUSTOMIZATIONS
12.5 RELATED REPORTS
This study involved four major activities to estimate the current size of the colorless polyimide films market. Exhaustive secondary research was undertaken to collect information on the colorless polyimide films market, its peer markets, and its parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the colorless polyimide films value chain through primary research. Both, the top-down and bottom-up approaches were employed to estimate the overall size of the market. Thereafter, the market breakdown and data triangulation procedures were used to estimate the sizes of different segments and subsegments of the colorless polyimide films market.
As a part of the secondary research process, sources such as Hoovers, Bloomberg, BusinessWeek, Reuters, and Factiva were referred to for identifying and collecting information for this study on the colorless polyimide films market. Other secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, authenticated directories, and databases.
Secondary research was mainly conducted to obtain key information about the supply chain of the industry, the total pool of players, market classification & segmentation according to industry trends to the bottom-most level, regional markets, and key developments undertaken from both, market- and technology-oriented perspectives.
As a part of the primary research process, various sources from the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report on the colorless polyimide films market. Primary sources from the supply side included industry experts such as chief executive officers (CEOs), vice presidents, marketing directors, technology & innovation directors, and related key executives from various companies and organizations operating in the colorless polyimide films market. Primary sources from the demand side included directors, marketing heads, and purchase managers from various end-use industries. Following is the breakdown of the primary respondents.
Both, the top-down and bottom-up approaches were used to estimate and validate the total size of the colorless polyimide films market. These methods were also used extensively to estimate the size of various segments and subsegments of the market. The research methodology used to estimate the market size included the following:
After arriving at the overall size from the estimation process explained above, the total market was split into several segments and subsegments. The data triangulation and market breakdown procedures were used, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments of the market. The data was triangulated by studying various factors and trends from both, the demand and supply sides. In addition to this, the market size was validated using both, the top-down and bottom-up approaches.
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