Colorless Polyimide Films Market Worth $379 Million by 2025 - Exclusive Report by MarketsandMarkets

CHICAGO, May 29, 2020 /PRNewswire/ -- According to the new market research report "Colorless Polyimide Films Market By Application (Flexible Displays, Flexible Printed Circuit Boards, Flexible Solar Cells, Lighting Equipment, Others), End-Use Industry (Electronics, Solar, Medical, Others), Region – Global Forecast To 2025", published by MarketsandMarkets, the Colorless Polyimide Films Market is projected to grow from USD 22 million in 2020 to USD 379 million by 2025, at a CAGR of 76.0% from 2020 to 2025. The market growth is driven by the increasing demand for colorless polyimide films from applications such as flexible displays, flexible solar cells, and flexible printed circuit boards, among others.

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Browse in-depth TOC "Colorless Polyimide Films Market"
101 – Market Data Tables
51 – Figures
151 – Pages

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The flexible displays segment accounted for the largest share of the colorless polyimide films market in 2019.

By application, the flexible displays segment accounted for the largest share of the colorless polyimide films market in 2019. With digitalization, a significant volume of information is being exchanged through electronic media, and hence, consumers demand high-quality, convenient, and portable digital devices with advanced display designs. With rising applications across multiple industries, designers are looking for greater freedom in developing them and are moving away from traditional display designs to next-generation displays that are larger, thinner, lightweight, and have the ability to curve and be flexible. Researchers have been focusing on developing advanced materials, and at the forefront of making flexible displays a reality is the optical polymer film termed as colorless polyimide. This type of polyimide has high optical transparency and transmittance along with a high thermal resistance, which proves to be essential for fabricating flexible displays as the operating temperatures are usually above 300° C and most other optical polymers.