Polyimide Films & Tapes Market Size and Key Insights – 2025, Growth Scenario with Top Key Players, Upcoming Business Opportunities till 2030
The polyimide films & tapes market was estimated at USD 1.38 billion in 2024 and is projected to reach USD 2.31 billion by 2030, at a CAGR of 9.0% from 2025 to 2030. The market research report covers critical elements such as market dynamics, competitive environments, polyimide films & tapes market growth opportunities, challenges, and regional differences. Flexible solar panels, flexible solar displays, and flexible sensors are some of the new technologies in which polyimide films are finding applications. The demand for polyimide films & tapes has surged due to these advances.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=205319946
Flexible printed circuits segment to dominate the polyimide films & tapes market
Flexible printed circuits are widely used in the automotive and electronics industries. Due to the challenging nature of polyimide films, FPCs are dependable and robust enough to survive mechanical stress and environmental conditions. This toughness is especially useful in applications where the FPC may be twisted repeatedly or where the product is exposed to extreme conditions. Due to their wide operating temperature range, polyimide films can be used in high- and low-temperature situations. This characteristic is essential in applications where the FPC may encounter a wide range of operating circumstances.
Electronics is projected to be the fastest-growing end-use industry segment of the polyimide films market
Based on the end-use industry, the electronics segment is anticipated to grow at the highest CAGR during the forecast period. Polyimide films are utilized as cable wraps and harness tapes to shield cables and electronics in challenging conditions. They ensure the durability and dependability of electrical systems by providing excellent resistance to heat, chemicals, and abrasion. Flexible heaters made from polyimide films can be found in heated blankets, medical equipment, and car seats, among other things. They are suited for these heating elements due to their outstanding thermal resistance and electrical insulation qualities.
Asia Pacific accounted for the largest share of the polyimide films & tapes market
The Asia Pacific region accounted for the largest share of the polyimide films & tapes market in 2024. Automotive, electrical, and aerospace industries are growing in countries such as China, India, Japan, and South Korea, contributing to the high demand for polyimide films in this region. There is also a high demand for consumer electronics products due to innovation, price deflation, and rising household incomes, thereby contributing to the growth of the polyimide films & tapes market in this region.
Polyimide Films & Tapes Companies
Some of the key players in the market include PI Advanced Materials Co., Ltd. (South Korea), DuPont (US), Kaneka Corporation (Japan), Taimide Tech. Inc. (Taiwan), Ube Industries Ltd. (Japan), 3M Company (US), Kolon Industries Inc. (South Korea), Arakawa Chemical Industries Inc. (Japan), Shinmax Technology Ltd. (Taiwan), and Flexcon Company, Inc. (US).
PI Advanced Materials Co., Ltd.
The production of polyimide films & tapes is an area of expertise of PI Advanced Materials Co., Ltd. These films possess chemical resistance, thermal stability, and electrical insulation. They are utilized in many industries, including aerospace, automotive, and electronics, among others. The polyimide tapes produced by the company have robust adhesive capabilities and tolerance to high temperatures. They are essential for applications such as wire harness wrapping, powder coating, and circuit board masking. In June 2023, Arkema acquired 54.07% of PI Advanced Material Co., Ltd.'s share for developing high-performance materials used in electronics and other sectors.
DuPont
DuPont has pioneered the creation of novel materials that are essential to many different sectors. The company's mission has continually focused on science-based solutions over the years. The company manufactures polyimide films used in various end-use industries such as electronics, aerospace, and automotive. In May 2022, DuPont announced the expansion of the production of Kapton polyimide films and Pyralux flexible circuit materials at the Circleville (US) manufacturing site.
Kaneka Corporation
Kaneka Corporation operates in various business segments such as material, health care, and nutrition. Japan is the primary market of Kaneka Corporation. It also has a regional presence in Asia, North America, Europe, and others. In November 2020, Kaneka Corporation launched a super heat-resistant polyimide film called 'PixeoTM1IB' for high-speed, high-frequency 5G. The management of 5G millimeter wave zones, which can realize high-speed communications, can be made feasible with this product.
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
2 hours ago
- Globe and Mail
ADT, Inc. Reports Strong Q2 Earnings Amid Challenges
Adt, Inc. ((ADT)) has held its Q2 earnings call. Read on for the main highlights of the call. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. ADT, Inc. recently held its earnings call, revealing a positive sentiment driven by strong financial performance. The company reported record recurring revenue, increased cash flow, and successful strategic acquisitions. Despite facing challenges, particularly in the State Farm partnership and dealer channel performance, ADT's robust cash generation, customer satisfaction, and strategic execution helped offset these issues. Record Recurring Monthly Revenue ADT announced a record recurring monthly revenue balance of $363 million, marking a 2% increase year-over-year. This achievement underscores the company's steady growth and its ability to maintain a strong revenue stream. Total Revenue Growth The company reported a total revenue increase of 7% year-over-year, highlighting its successful strategies in expanding its market presence and enhancing its financial performance. Strong Cash Flow ADT's adjusted free cash flow, including interest rate swaps, reached $500 million through the first half of the year, up 38%. This significant increase in cash flow demonstrates the company's financial health and its capacity to invest in future growth opportunities. Increased Adjusted Earnings Per Share The company saw a 35% increase in adjusted earnings per diluted share, reaching $0.23. This improvement reflects ADT's effective cost management and revenue growth strategies. Customer Retention and Satisfaction Customer attrition remained solid at 12.8%, and ADT achieved a record Net Promoter Score (NPS) in June, indicating high levels of customer satisfaction and loyalty. Successful Strategic Acquisition ADT completed a strategic acquisition of approximately 50,000 subscribers for $89 million, further expanding its customer base and enhancing its market position. Strong Partnership with Google The partnership with Google continues to thrive, with the Nest Aware subscriber base surpassing 1 million customers, showcasing strong collaboration and increased adoption of smart home technologies. AI Adoption in Customer Service ADT has embraced AI in customer service, with 90% of customer service chats processed by AI agents. Nearly half of these interactions were resolved without live agent involvement, improving efficiency and customer experience. Underperformance of State Farm Partnership The State Farm partnership generated slightly more than 30,000 subscribers, falling short of projections. This underperformance highlights a challenge that ADT is working to address. Challenges in Dealer Channel The dealer channel experienced a year-over-year decline, though this was mitigated by bulk acquisitions, demonstrating ADT's adaptability in managing channel performance. Fluctuations in Nonpayment and Voluntary Cancellations There were modest increases in nonpayment cancellations and voluntary cancellations, indicating areas for potential improvement in customer retention strategies. Tariff Exposure Potential tariffs could impact ADT's financials, but the company remains confident in its ability to manage within full-year guidance ranges. Forward-Looking Guidance During the earnings call, ADT reaffirmed its full-year guidance, with expectations for total revenue, adjusted EBITDA, and adjusted free cash flow. The company also raised its adjusted earnings per share guidance by $0.04 to a range of $0.81-$0.89 per share, reflecting confidence in its ongoing growth strategies. In summary, ADT's earnings call conveyed a positive outlook, with strong financial performance and strategic initiatives driving growth. Despite some challenges, the company's robust cash flow, customer satisfaction, and strategic partnerships position it well for future success.
Globe and Mail
2 hours ago
- Globe and Mail
Chubb Ltd Reports Record Earnings and Strong Growth
Chubb Ltd ((CB)) has held its Q2 earnings call. Read on for the main highlights of the call. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Chubb Ltd's recent earnings call painted a picture of robust financial health, marked by record-breaking earnings per share (EPS), underwriting income, and international premium growth. Despite facing challenges such as competitive pressures in large account property markets and softening financial lines pricing, the overall sentiment was overwhelmingly positive, underscoring the company's strong performance. Record Operating EPS Chubb Ltd achieved a milestone with its core operating EPS reaching a record $6.14, reflecting a 14% increase from the previous year. This impressive growth underscores the company's effective strategies and operational efficiency. Strong Core Operating Income The company reported a record core operating income of $2.5 billion, marking a 13% increase year-over-year. This significant growth highlights Chubb's ability to generate substantial revenue from its core operations. Impressive Underwriting Income Underwriting income soared to $1.6 billion, up 15% from the prior year, resulting in a combined ratio of 85.6%. This improvement indicates a strong underwriting performance and effective risk management. Significant Tangible Book Value Growth Chubb Ltd's tangible book value per share grew by an impressive 23.7% from a year ago and 8% from the previous quarter, showcasing the company's strong financial foundation and shareholder value enhancement. Robust Premium Growth in Life Insurance The Life Insurance division saw premiums grow by nearly 17.5%, reflecting Chubb's successful expansion and market penetration in this sector. Continued Growth in International Markets Chubb's international markets demonstrated strong performance, with premiums in Asia growing over 12.5%, Europe over 8%, and Latin America over 17%. This growth highlights the company's effective global strategy and market diversification. Strong Cash Flow and Investment Income Operating cash flow was robust at $3.2 billion, and adjusted net investment income rose by 8% to nearly $1.7 billion. These figures underscore Chubb's strong cash generation capabilities and investment acumen. Competitive Large Account Property Market The large account-related short-tail business has become increasingly competitive, with softening prices posing challenges. However, Chubb remains focused on maintaining its market position. Property Pricing Pressure Property pricing experienced a decline of 2.5%, with rates down about 7%, offset by an exposure change of 4.9%. This trend reflects the competitive nature of the property market. Softness in Financial Lines Pricing Financial lines pricing faced softness, with a 1.2% decrease in North America and over 6.5% internationally. Chubb continues to navigate these challenges while seeking opportunities for growth. Catastrophe Losses Chubb reported pretax catastrophe losses of $630 million for the quarter, highlighting the impact of unforeseen events on the company's financials. Forward-Looking Guidance Looking ahead, Chubb Ltd remains optimistic about its growth prospects. The company anticipates continued strong financial performance, with a diversified global presence supporting its expansion. The global P&C premiums are expected to grow, with notable increases in consumer P&C and Life Insurance premiums. Despite a competitive U.S. commercial P&C market, Chubb is well-positioned for sustained growth. In conclusion, Chubb Ltd's earnings call reflects a strong positive sentiment, driven by record financial metrics and strategic growth in international markets. While challenges in pricing and competition exist, the company's robust performance and forward-looking strategies suggest a promising future.
Globe and Mail
2 hours ago
- Globe and Mail
Tesla Just Hit a Fork in the Road—Could the Bulls Lose Control?
Shares of had been grinding higher into Wednesday night's earnings, up nearly 15% over the past two weeks and more than 50% since April. That kind of run can easily put investors on edge, as they know a lot is going to be riding on the company's next earnings report. With Tesla's previous two earnings reports delivering big misses, Wall Street was hoping for a change of tone this time around. On paper, the electric vehicle (EV) giant delivered. Revenue still declined nearly 12% year-over-year, but not as badly as expected, and non-GAAP EPS came in at $0.40, which was solidly in the black. Deliveries were up compared to Q1, and margins also saw some improvement, reinforcing the view that Tesla may well be entering recovery mode after a rocky start to the year. But for now, at least, it doesn't look like this was enough. The Report Was Better, But Not Good Enough With the stock's price-to-earnings (P/E) ratio looking quite frothy around the 180 mark, Tesla would have known in advance that expectations were sky-high. Anything short of a beat-and-raise quarter was going to be a letdown, and that's exactly how the post-release price action looks to be playing out. Shares were down more than 6% ahead of Thursday's open, confirming investor sentiment is turning cautious, at least in the short term. It's a reminder of just how high the bar has become for Tesla, and how little margin for error there is right now. Even with improving fundamentals, the recent rally looks to have gotten a bit ahead of itself. There's Still a Bull Case Here However, for longer-term investors on the sidelines, this pullback could be the opportunity we've been waiting for. In between the headline numbers were plenty of reasons to stay bullish. CEO Elon Musk reiterated that plans for a lower-cost vehicle remain on track for the second half of 2025, while forecasting that the company's robotaxi rollout will reach half the U.S. population by the end of the year. That's a big claim, and one that reinforces the innovation engine still driving the Tesla story and makes bulls so excited. It also pays to remember that the company rallied nearly 70% after last quarter's miss, which was far worse than this one. If anything, Q2's report, while not spectacular, showed progress. And that should be enough to support the next leg of the uptrend once the dust settles. Analysts Still Back the Long Game Backing up the theory that this could be a buy-the-dip opportunity, earlier this week, the team over at Wedbush reiterated their Outperform rating and $500 price target on Tesla shares. Not only is this pointing to a targeted upside of some 50%, it also echoes the similarly bullish calls from the likes of Cantor Fitzgerald and Mizuho earlier this month. While Tesla remains one of the most hotly debated stocks on the market, there's no denying that many on Wall Street, who are still backing its longer-term prospects, will be licking their chops today. Yes, there are headwinds. Regulatory scrutiny, rising costs, and weak free cash flow all remain overhangs. But the roadmap is still intact, and the market tends to look forward, especially when a company with Tesla's brand power is showing signs of stabilizing. A Pullback, Then a Reset Still, with shares looking likely to fall after last night's earnings, a short-term correction is likely. A move back towards the $290 level would be a healthy test of support and could give the bulls room to regroup. This is still a stock to watch closely, and a sell-off doesn't mean the rally is over; just that it might be on pause. If investor sentiment can reset around Tesla's improving deliveries, growing margins, and product innovation, the stock could soon be up for another strong run through the rest of Q3. Where Should You Invest $1,000 Right Now? Before you make your next trade, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list. They believe these five stocks are the five best companies for investors to buy now...
