Polyimides are a transparent, highly heat resistant class of polymers with excellent temperature stability and a wide array of uses in specific conditions. According to BlueQuark Research & Consulting, the global Polyimides market is expected to witness a significant growth rate during the forecasted period. Factors such as the increasing usage of consumer electronics like cellular phones, televisions, and 3D devices influence the growth of the global polyimide market in the forecasted period. Apart from electronics, sectors like automobile production where polyimides are used are also driving the Polyimide industry. Further, the usage of Polyimide in the medical industry as a cover for X-ray tubes and X-ray detectors is projected to propel the global Polyimides market in the forecasted period. Furthermore, Polyimide is also utilized to make antennas for satellites and airplanes as it can support high temperatures and severe conditions, making the aerospace industry a primary consumer of Polyimide. Finally, the rise in demand for renewable energy, especially solar energy, is propelling the growth of the global polyimide market, where it is used to produce flexible solar cells. However, the market development of polyimides can be restrained due to the increasing price of manufacturing, which needs a lot of investment and could hamper the polyimides market growth shortly.

Polyimides manufacture cellular phones, TVs, 3D devices, push rings, cardiovascular catheters, and solar panels and serve end-use industries like medicare, electronics, automotive, and aerospace.

The Consumer Electronics segment is the primary consumer of Polyimides globally and is anticipated to drive the future market. The global consumer electronics sector has been growing worldwide due to the consistently rising demand for portable computing devices, cellular phones, gaming systems, and other personal electronic devices. 3D TVs, smartphones, smart TVs, and tablets are some products that observe fast growth in this sector. Conventional FPCBs are assembled from flexible copper-clad laminates (FCC), composed of polyimide films bonded to copper foils. However, most traditional polyimide films reveal a yellow to deep amber color and hence, cannot be utilized for FCCL fabrication. Therefore, colorless polyimide films are preferred as an alternative material for preparing transparent FCCLs. Consumers prefer electronic products that are light, small, and thin. Hence, there is a high need for materials that are durable, lightweight, and reliable. Polyimide films and tapes are used to manufacture printed circuit boards in compact electronic devices, such as watches, panel boards, portable computers, and digital cameras. Thermal stability, along with electrical and superior mechanical properties, has resulted in a surged demand for polyimide film in the electronics industry. For mention, in a laptop, the cable connecting the prime logic board to the display (essential flex every time the computer is opened or closed) is frequently a polyimide base with a copper conductor. This industry's need for polyimide films is mainly attributed to their high-temperature properties, low dielectric constants, inertness to solvents, and long-term stability. According to a report by Philips, a prime Consumer Electronics producer, its global sales for quarter one increased to USD 3.8 Billion with a 9% growth rate. Polyimides are an essential component of all electronics in the form of Polyimide films, thus becoming an ever-important material for developing this sector. Further, the Indian Brand Equity Foundation estimates that the Indian Consumer Electronics market, which rose to USD 10.93 billion in 2019, is estimated to double to USD 21.18 billion by 2025. Therefore the usage of Polyimide in the consumer electronics industry is predicted to grow and drive the overall market.

The Asia-Pacific region is awaited to be the leader in the production of Polyimides, with most of the usage in China and India. China is the broad base for electronics production in the world with electronic products, such as TVs, wires, cables, smartphones, portable computing devices, gaming systems, and other personal electronic devices, recorded the highest development in the electronics segment not only satisfying its domestic need but also exporting the goods. Apart from the electronics industry, India, Japan, China, and South Korea are among the most prominent manufacturers of vehicles, which have Polyimide as one of the components, thus the requirement for Polyimide in the region. As air travel is obtaining prominence in countries such as China and India, the aerospace sector is also predicted to drive the polyamide market. Conventional polymer films such as PET possess excellent optical transparency. However, these films face challenges in advanced optoelectronic engineering, mainly due to their limited service temperature. Hence, transparent polyimide films and tapes are currently preferred over conventional polymers. In current years, there has been significant development in flexible active-matrix organic light-emitting diode (AMOLED) displays, replacing the hard glass with flexible substrates and thin films such as transparent polyimide films to make displays more delicate, lighter, and less fragmented. According to the Global Times, China launched 89 spacecraft in 2020, thus manufacturing it one of the critical countries in space and adding to the polyimide usage in the country. As more than 60% of the worldwide population resides in the Asia-Pacific region, there is a rising need for healthcare, whether in X-Ray machines or cardiovascular tubes, making the sector an essential market for the polyimide industry. Since polyimides are also utilized to make flexible solar panels, and due to the growing demand for solar energy in countries like India and China, the Polyimide market is predicted to grow in the region. Factors like these have made the Asia Pacific region essential for the polyimides market.

The global market player are DuPont de Nemours, Kolon Industries Inc ., 3M Company, Kaneka Corporation, and UBE Industries, among others.

On February 2021, DuPont announced its USD 220 Million growth project in Ohio for improved production of Polyimide to be utilized in consumer electronics, high-performing industrial, telecom, and defense market segments.

In November 2020, DuPont created a new Kapton Polyimide Film to address the impact of a faster voltage surge on automobile motor insulation.

In June 2019, DuPont offered a Polyimide Antenna for the satellite R3D2, launched into space and in the lower earth orbit.

Global Polyimides Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Polyimides market by segmenting based on the Application (Circuit, Wires and Cables, Motor-Ray Machines, Others), End-User Industry (Electronics, Automobile, Aerospace, Medical Equipment, Renewable Energy), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers and includes emerging market trends, market analysis, market share, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.