Product Code: GVR-4-68040-536-5
Polyimide Market Growth & Trends:
The global polyimide market size is anticipated to reach USD 1,833.7 million by 2030 and is projected to grow at a CAGR of 9.0% from 2025 to 2030, according to a new report by Grand View Research, Inc. The global market is primarily driven by increasing demand from electronics and semiconductor industries. Polyimides offer exceptional thermal stability, chemical resistance, and mechanical properties that make them ideal for flexible circuit boards, semiconductor insulation, and display technologies. For example, the rapid growth of smartphones, tablets, and wearable electronics has created substantial demand for flexible polyimide films used in their internal components, while the expansion of data centers and cloud computing infrastructure requires high-performance insulators capable of withstanding extreme conditions.
The aerospace and automotive sectors represent another significant growth driver as manufacturers seek lightweight, durable materials capable of withstanding harsh environments. In aerospace applications, polyimides are utilized in aircraft components, insulation, and composite materials where weight reduction directly translates to fuel efficiency and reduced emissions. Similarly, in automotive manufacturing, the shift toward electric vehicles have increased demand for polyimide-based components in battery systems, motor insulation, and lightweight structural elements.
The miniaturization trend across industries has substantially benefited the polyimide industry as designers require materials with excellent dimensional stability at microscopic scales. Medical device manufacturers increasingly utilize polyimides for components requiring biocompatibility and sterilization resistance, such as catheters, implantable devices, and surgical instruments. In addition, the renewable energy sector employs polyimides in solar panels, fuel cells, and energy storage systems due to their exceptional durability and resistance to environmental degradation.
The Asia Pacific region dominates the global market, accounting for the largest market share due to its robust electronics manufacturing ecosystem. Countries such as China, Japan, South Korea, and Taiwan host extensive semiconductor, consumer electronics, and display manufacturing facilities that heavily utilize polyimide materials. Japan remains a key producer of high-quality polyimide films and resins through companies such as UBE Corporation and Kaneka Corporation, while China has rapidly expanded its manufacturing capacity to meet domestic demand and reduce import dependence.
Polyimide Market Report Highlights:
- Based on type, the polyimide film segment led the market with the largest revenue share of 68.24% in 2024 and is expected to grow at the fastest CAGR of 9.4% during the forecast period.
- Based on applications, the electrical & electronics segment led the market with the largest revenue share of 47.90% in 2024. The automotive & transportation segment is anticipated to grow at the fastest CAGR of 9.6% over the forecast period.
- Asia Pacific dominated the market with the largest revenue market share of 53.68% in 2024 and is anticipated to grow at the fastest CAGR of 9.4% during the forecast period.
- In December 2023, Arkema completed its acquisition of a 54% stake in PIAM, a South Korean company, for EUR 728 million (approximately USD 760 million). This gives Arkema majority control and full consolidation of PIAM. PIAM is the world's largest producer of polyimide films, which are used in mobile devices and electric vehicles. Arkema expects PIAM's sales to grow by about 13% annually due to the increasing use of these films in 5G antennas, OLED displays, flexible screens, and EVs.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.1.1. Market Segmentation
- 1.1.2. Market Definition
- 1.2. Research Scope & Assumptions
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
- 1.7. List of Abbreviations
Chapter 2. Executive Summary
- 2.1. Market Snapshot, 2024 (USD Million)
- 2.2. Segmental Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Global Polyimide Market Variables, Trends, and Scope
- 3.1. Market Lineage Outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Industry Value Chain Analysis
- 3.3.1. Raw Material Trends
- 3.4. Technology Trends
- 3.5. Regulatory Framework
- 3.6. Impact of Circular Economy on the Polyimide Market
- 3.7. Average Price Trend Analysis, 2018 - 2030 (USD/Kg)
- 3.8. Market Dynamics
- 3.8.1. Market Driver Analysis
- 3.8.2. Market Restraint Analysis
- 3.8.3. Market Opportunity Analysis
- 3.8.4. Market Challenge Analysis
- 3.9. Business Environment Analysis
- 3.9.1. Porter's Five Forces Analysis
- 3.9.2. PESTEL Analysis
Chapter 4. Global Polyimide Market: Type Estimates & Trend Analysis
- 4.1. Key Takeaways
- 4.2. Type Movement Analysis & Market Share, 2024 & 2030
- 4.2.1. Polyimide Film
- 4.2.1.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Tons)
- 4.2.2. Polyimide Coatings
- 4.2.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Tons)
- 4.2.3. Polyimide Varnish
- 4.2.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Tons)
- 4.2.4. Polyimide Resin
- 4.2.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Tons)
- 4.2.5. Others
- 4.2.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Tons)
Chapter 5. Global Polyimide Market: Application Estimates & Trend Analysis
- 5.1. Key Takeaways
- 5.2. Application Movement Analysis & Market Share, 2024 & 2030
- 5.2.1. Electrical & Electronics
- 5.2.1.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Tons)
- 5.2.2. Aerospace & Defense
- 5.2.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Tons)
- 5.2.3. Automotive & Transportation
- 5.2.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Tons)
- 5.2.4. Medical
- 5.2.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Tons)
- 5.2.5. Energy & Power
- 5.2.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Tons)
- 5.2.6. Others
- 5.2.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Tons)
Chapter 6. Global Polyimide Market: Region Estimates & Trend Analysis
- 6.1. Key Takeaways
- 6.2. Regional Movement Analysis & Market Share, 2024 & 2030
- 6.3. North America
- 6.3.1. North America Polyimide Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
- 6.3.2. U.S.
- 6.3.2.1. U.S. Polyimide Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
- 6.3.3. Canada
- 6.3.3.1. Canada Polyimide Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
- 6.3.4. Mexico
- 6.3.4.1. Mexico Polyimide Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
- 6.4. Europe
- 6.4.1. Europe Polyimide Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
- 6.4.2. Germany
- 6.4.2.1. Germany Polyimide Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
- 6.4.3. UK
- 6.4.3.1. UK Polyimide Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
- 6.4.4. France
- 6.4.4.1. France Polyimide Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
- 6.4.5. Italy
- 6.4.5.1. Italy Polyimide Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
- 6.4.6. Spain
- 6.4.6.1. Spain Polyimide Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
- 6.5. Asia Pacific
- 6.5.1. Asia Pacific Polyimide Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
- 6.5.2. China
- 6.5.2.1. China Polyimide Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
- 6.5.3. India
- 6.5.3.1. India Polyimide Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
- 6.5.4. Japan
- 6.5.4.1. Japan Polyimide Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
- 6.5.5. Australia
- 6.5.5.1. Australia Polyimide Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
- 6.5.6. South Korea
- 6.5.6.1. South Korea Polyimide Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
- 6.6. Central & South America
- 6.6.1. Central & South America Polyimide Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
- 6.6.2. Brazil
- 6.6.2.1. Brazil Polyimide Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
- 6.6.3. Argentina
- 6.6.3.1. Argentina Polyimide Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
- 6.7. Middle East & Africa
- 6.7.1. Middle East & Africa Polyimide Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
- 6.7.2. Saudi Arabia
- 6.7.2.1. Saudi Arabia Polyimide Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
- 6.7.3. UAE
- 6.7.3.1. UAE Polyimide Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
- 6.7.4. South Africa
- 6.7.4.1. South Africa Polyimide Market Estimates & Forecasts, 2018 - 2030 (USD Million) (Tons)
Chapter 7. Competitive Landscape
- 7.1. Key Global Players & Recent Developments & Their Impact on the Industry
- 7.2. Company/Competition Categorization
- 7.3. Vendor Landscape
- 7.3.1. List of Suppliers and Key Value Chain Partners
- 7.3.2. List of Potential Customers
- 7.4. Company Market Position Analysis
- 7.5. Company Heat Map Analysis
- 7.6. Strategy Mapping
- 7.6.1. Expansions
- 7.6.2. Mergers & Acquisitions
- 7.6.3. Collaborations/Partnerships/Agreements
- 7.6.4. New Product Launches
- 7.6.5. Others
Chapter 8. Company Listing (Overview, Financial Performance, Products Overview)
- 8.1. DuPont de Nemours, Inc.
- 8.1.1. Company Overview
- 8.1.2. Financial Performance
- 8.1.3. Product Benchmarking
- 8.2. SABIC
- 8.3. Ube Industries Ltd.
- 8.4. Kaneka Corporation
- 8.5. Taimide Tech. Inc.
- 8.6. PI Advanced Materials Co., Ltd.
- 8.7. Mitsui Chemicals
- 8.8. MITSUBISHI GAS CHEMICAL COMPANY, INC.
- 8.9. Asahi Kasei Corporation
- 8.10. Huangshan Juxin New Material Co., Ltd.