Chemical

According to a market report by Lucintel, the future of the polyimide varnish market looks promising with opportunities in the consumer electronic, IT & telecom, aerospace & defense, automotive, and solar industries. The global polyimide varnish market is expected to reach an estimated $35.3 billion by 2028 with a CAGR of 5.6% from 2023 to 2028. The major drivers for this market are expanding uses for polyimide varnish among wire coating, aerospace and defense, and electronic industries, and continuous growth in industrialization and urbanization.



In this market, normal heat resistant and high heat resistant are the two types of polyimide varnish used by various end use industries. Lucintel forecasts that normal heat resistant is expected to witness higher growth over the forecast period due to the escalating use of these varnishes as it ensures outstanding performance in high-temperature settings and provides homogeneous coating, cross-linked film creation, and less shrinkage during the curing process.



Within this market, consumer electronics is expected to witness the highest growth over the forecast period due to the widespread use of polyimide varnish in electrical items, like displays, semiconductor components, and electrical wirings.



APAC is expected to witness the highest growth over the forecast period due to significant growth in the electronic industry in countries, such as Japan, China, and India, and increasing environmental concern is driving towards the adoption of electric vehicle.

UBE Corporation, IST Corporation, Elantas PDG, Pixomax, and Mitsubishi Gas Chemical are the major suppliers in the global polyimide varnish market.  



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global polyimide varnish market by product type, application, end use industry, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Polyimide Varnish Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global polyimide varnish market by product type, application, end use industry, and region, as follows:

This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.

 

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 

Q.1. What are some of the most promising, high-growth opportunities for the polyimide varnish market by product type (normal heat resistant and high heat resistant), application (semiconductor components, wire coatings, avionics, batteries, display, and others), end use industry (consumer electronics, IT & telecom, aerospace & defense, automotive, solar, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?