Polyimide Films Market - Forecast (2022 - 2027)
Polyimide Films Market size is forecast to reach $2.1 billion by 2026, after growing at a CAGR of 7.9% during 2021-2026. Polyimide films are the preferred solution to insulate aerospace wires, traction motor coils, high temperature wires, pressure sensitive tapes and flexible printed circuits. Polyimide films are widely employed for electronic applications in aerospace and automotive industry due to its excellent mechanical strength, electrically insulating properties and thermal stability. In addition, copper foil is even commonly used as an electric conductor for circuit boards, batteries and solar energy appliances. Polyimide film has superior temperature adaptability which is boosting the demand of polyimide films in various end use industries like aerospace, medical, automobile, and labeling. The electronic sector got highly affected in the entire market due to COVID 19. Due to lockdown the consumer electronic products sales were down in 2020. For instance, according to the “Inst...