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Colorless Polyimide Market size is forecast to reach USD 875.36 Million by 2030, after growing at a CAGR of 30.05% during the forecast period 2024-2030. In a variety of electronics and micro-optical systems, colorless polyimide is frequently used as flexible substrates.
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TABLE OF CONTENTS Topics Slide No Chapter 01: Colorless Polyimide Market Overview Chapter 01: Colorless Polyimide Market Overview - 004 Chapter 02: Colorless Polyimide Market Executive Summary Chapter 02: Colorless Polyimide Market Executive Summary - 017 Chapter 03: Colorless Polyimide Market Comparative Analysis Chapter 03: Colorless Polyimide Market Comparative Analysis - 022 Chapter 04: Colorless Polyimide Market Forces Chapter 04: Colorless Polyimide Market Forces - 028 Chapter 05: Colorless Polyimide Market Strategic Analysis Chapter 05: Colorless Polyimide Market Strategic Analysis - 037 Chapter 06: Colorless Polyimide Market - By Formulation - 045 Chapter 07: Colorless Polyimide Market - By Product Type Chapter 07: Colorless Polyimide Market - By Product Type - 050 Chapter 08: Colorless Polyimide Market - By End-use Industry Chapter 08: Colorless Polyimide Market - By End-use Industry - 057 Chapter 09: Colorless Polyimide Market - By Geography Chapter 09: Colorless Polyimide Market - By Geography - 064 Chapter 10: Colorless Polyimide Market Company Analysis Chapter 10: Colorless Polyimide Market Company Analysis - 085 Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
CHAPTER - 01 COLORLESS POLYIMIDE MARKET OVERVIEW Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
1.1 DEFINITIONS AND SCOPE (1/2) ❖ Colorless polyimide, also known as transparent polyimide, is a high-performance material that is frequently utilized in many different sectors. This colorless polyimide is renowned for its high transparency, outstanding thermal stability, superior mechanical strength, and good chemical resistance. They are extensively employed in many different industries, including coatings, electronics, automotive, and aerospace. ❖ These colorless polyimides have increased transparency because the chromophores that give them color have been reduced or eliminated. They frequently have great optical clarity, allowing light to pass through with little diffraction or absorption. By carefully choosing the monomers and using particular reaction conditions, colorless polyimides are frequently produced. ❖ Various industries, including automobile, and aviation, are seeing an increase in the demand for strong, lightweight materials. These industries are perfect for using colorless polyimide since it is lightweight and has high durability. ❖ Aerospace applications such as transparent protective coatings for aircraft windows or lenses use colorless polyimides. Due to their chemical resistance and durability, they are excellent for difficult conditions where exposure to harsh chemicals, UV radiation, or extremely high or low temperatures is expected. ❖ According to OICA, Global manufactured 8,50,16,728 vehicles in 2022, an increase of 6% from the 8,02,05,102 units produced in 2021. This trend indicates that demand for Colorless polyimide will likely expand in future years. ❖ According to the International Energy Agency, power generated by the solar industry grew by a record 179 TWh in 2021, representing a 22% increase over 2020. Solar PV continues to be the third-largest renewable electricity technology, contributing positively to the market for colorless polyamide with its 3.6% share of the world's electricity production. Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
1.1 DEFINITIONS AND SCOPE (2/2) Segment Outlook: ❖ Colorless polyimide market is divided into categories based on formulation, product type, end-use industry, and geographical area. By Formulation By Product Type By End Use Industry By Geography • Fluorinated CPI • Alicyclic CPI • Non-Coplanar CPI • Others • Flexible, foldable, or rollable displays • Organic light-emitting diodes (OLEDs) • Liquid crystal displays (LCDs) • Organic photovoltaics (OPVs) • Flexible printed circuit boards (FPCBs) • Semiconductors • Solar Energy • Aerospace • Automobile • Military • Others • North America • South America • Europe • Asia-pacific Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
RESEARCH METHODOLOGY Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
RESEARCH METHODOLOGY (1/9) Research Methodology Flowchart Market Scope & Definition Preliminary Research Data Gathering Data Triangulation Data Synthesis Data Analysis Data Validation Verification Quality Assurance Preliminary Research In the initial stage of research, the scope of the colorless polyimide market is defined. In this preliminary stage, the key data points in the market are identified which can be used to estimate the market to the best extent. The scope of this report Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC primarily focuses on the revenue generated from the products manufactured by the major producers. To better gauge the market, the secondary focus is on different layers in the colorless polyimide market, such as products catering to disparate segments like applications. Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
RESEARCH METHODOLOGY (2/9) For this market, the volume of colorless polyimide, as well as the varying price points, were identified as key informational conjectures for market estimation in 2023. Market performance and trending market dynamics are some of the key questions that are studied during this stage. It also involves studying market factors and changing trends that are expected to affect the market in the future. Data Gathering Based on the scope of the market and the key data points, several secondary sources have been utilized for data gathering. The data gathering stage comprises a team of analysts who gather data by researching secondary research resources, accessing proprietary databases, and with primary research reaching out to key industry participants and opinion leaders (sales & marketing directors, product managers, market intelligence directors as well as technical experts and administrators) throughout the colorless polyimide ecosystem including end-use environments forming a crucial aspect of the value chain. The key sources for estimations remained the investments made by end-user verticals along with the sales figures of product suppliers in the market. Also, various trade bodies and associations were taken into consideration to understand the dynamics of each industry vertical and their respective investment scenarios. Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
RESEARCH METHODOLOGY (3/9) Data Synthesis Stakeholders In this stage a team of analysts incorporates the data that has been gathered by corroborating with various sources. These sources include industry participants, In-house Research & Development models, regulatory bodies key opinion leaders in the market ecosystem and databases. In this stage, patterns Colorless polyimide Manufacturers in historical data are identified and compared with the current scenario. Based on the macro and micro factors Regulatory Bodies/Testing Authorities prevalent in various geographies, various data models are used to assess the key countries for the market. The Distributors analysis also includes the identification of new companies that have entered the market scenario and End User Segments their impact on the market dynamics in the future. The data regarding end users is gathered from various Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC secondary sources (given towards the end of the presentation). Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
RESEARCH METHODOLOGY (4/9) Data Analysis After the corroboration of data, the team of analysts moves toward understanding how the market has evolved over the years. The overall market size is gathered after analyzing various segments and verticals of the market. An impact analysis is also carried out to see which factors will affect the market in the next few years. These factors have been researched with respect to prominent economies across different geographic regions to understand their corresponding impact on the market. Verification Data verification is carried out at all stages of research. This stage, however, is dedicated to a more thorough check of all data points, which have been incorporated and rechecked against various data sources. Various C-Level executives and key opinion leaders are contacted for verification of the data. The total market for colorless polyimide is verified through the capital expenditure of various industry verticals. The market is also estimated for various key players in each of the product categories, offering another way of cross-validating the data. The data is then summarized and the key findings are disseminated. Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
RESEARCH METHODOLOGY (5/9) Forecast Methodology Further, time series forecasting methodology is applied based on the various factors such as the product replacement, propensity to buy a new product, average life span, suppliers and distribution margins along with the trade dynamics of the leading countries across the region. Average weighted ASPs are also considered while estimating the market value in the report. The estimates are further revalidated with the suppliers and manufacturers operating in the market. However, some macroeconomic factors like inflation are not considered. Forecasting model is an iterative tool and is backed with historical trends of the market along with a regressive mathematical model which assesses the value based on factors such as capital expenditure, product lifespan, R&D investments and so on. Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
RESEARCH METHODOLOGY (6/9) Assumptions & Research Methodology for Colorless Polyimide Market Colorless polyimide Market Description • Nominal values (i.e. values are not adjusted w.r.t inflation) are considered in the market estimation • The base year is 2022 and 2023 is estimated year. The forecast period is between 2023 and 2028. Historic and Forecast Value Average weighted selling prices of the colorless polyimide with respect to their diversified application are considered while arriving on the market in terms of volume. Pricing Average year USD exchange is considered for the estimation of historic values and average five years exchange rate is considered for forecast values. Exchange Rate Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
RESEARCH METHODOLOGY (7/9) Assumptions & Research Methodology for Colorless Polyimide Market S.NO SECONDARY SOURCES 1 American Chemical Society 2 Consumer Technology Association 3 Royal Society of Chemistry 4 Society for Information Display 5 International Energy Agency 6 Articles 7 Blogs 8 Annual Reports Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC 9 Investor Presentations 10 White Papers and Journals Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
RESEARCH METHODOLOGY (8/9) Primary Sources: Colorless Polyimide Market S.No Designation Company/Organizations 1 DuPont® Kapton® (Toray, Saint-Gobain) Business Development Manager 2 SKC Sales Manager 3 Nitto Denko Corporation International Sales Director 4 Mitsubishi Gas Chemical Product Marketing Executive Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
RESEARCH METHODOLOGY (9/9) HeXa-Grid Paradigm: 6. Data Presentation Data Analysis, Summarization, Key Finding & Reporting is done for efficient dissemination of information 5. Data Triangulation & Validation After data compilation, it is validated with various key opinion leaders and C-level Executives globally 4. Data Interpretation & Assessment Based on the macro and micro factors prevalent in various geographies, proprietary data models are used to assess the key countries for the market 1. Scope Definition: Defining scope of the Report: Analyzing its Services, operations and Geographic penetration Market Assessment Competitive Landscape 2. Secondary Research: Based on the scope and segmentation, secondary research is done using public, private and subscribed sources 3. Primary Research: Reach out to all the stake holders involved in ecosystem: Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Industry Experts insights taken to gauge and validate key data points Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
CHAPTER - 02 COLORLESS POLYIMIDE MARKET EXECUTIVE SUMMARY Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
2. EXECUTIVE SUMMARY (1/1) Global Colorless Polyimide Market Revenue,2022-2028 ($M) 600.00 500.00 Revenue ($M) 400.00 300.00 200.00 100.00 0.00 2022 2023 2024 2025 2026 2027 2028 ❖ The colorless polyimide market is estimated to grow at a CAGR of 30.05% during the forecast period (2023-2028) and reach $517.57 million by 2028, from around $112.13 million in 2022. ❖ In a variety of electronics and micro-optical systems, colorless polyimide is frequently used as flexible substrates. They can be applied in areas where glass is often utilized, such as displays, memory, illumination, and solar cells. Due to the growing demand for flexible displays and printed circuit boards, the global market for colorless polyimide is anticipated to expand significantly in the coming years. ❖ Studies have also shown that the millennial generation and the generation after it has grown fond of using gadgets like Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC smartphones and computers to share and consume data and other forms of entertainment media. global sales of colorless polyimide are anticipated to develop as a result. Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
2.1 MARKET REVENUE, MARKET SIZE AND KEY TRENDS BY COMPANY (1/3) ❖ Additionally, colorless polyimide has numerous desirable qualities, including improved thermomechanical performance, increased chemical resistance, and expanding optical transparency. These CPIs are also smaller, smoother, and less dispersed. They can offer high optical transmission as a result. As a result market for colorless polyimide market is growing significantly. ❖ Solar panels are made with colorless polyimides, which is anticipated to significantly boost the market growth. The International Energy Agency (IEA) reported that between 2020 and 2021, the solar PV power generation sector grew by 22%. ❖ A groundbreaking technology, colorless polyimides, is being considered for usage in a wide range of contemporary consumer and communications devices goods. At the moment, folding screens are being developed by almost all significant electronics manufacturers. In addition to Apple, Samsung, and Huawei also have products available on the market. The use of colorless polyimide films as flexible substrates for optoelectronic components is another interesting application. Flexible printed circuit boards (PCBs), flexible solar cells, and flexible organic light-emitting display devices with active matrices (AMOLEDs) are a few examples. ❖ A significant portion of the growing market for colorless polyimide is anticipated to come from the electrical and electronics industries. According to reports, the Indian electronics industry is one of the industries with the fastest export and production growth rates. The general populace in the region is showing signs of shifting consumer purchasing habits, and consumer electronics sales are rising. The Asia Pacific Colorless Polyimide market is anticipated to rise in value as a result of the rapidly Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC growing smartphone sector. Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
CHAPTER - 04 COLORLESS POLYIMIDE MARKET - FORCES Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
4.1. MARKET DRIVERS (1/4) Colorless Polyimide Market - Impact of Drivers Short Term Medium Term Long Term Drivers (2023-2024) (2025-2026) (2027-2028) Rising Usage in the Aerospace Industry Rising demand for flexible, and efficient solar energy solutions Growing demand for flexible screens for electrical and optoelectronic devices Low High Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Source: Expert Insights & IndustryARC Analysis Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
4.1. MARKET DRIVERS (2/4) Rising Usage in the Aerospace Industry ❖ The optical transparency of colorless polyimides is superior to that of conventional amber-colored polyimides. This quality is advantageous for optically clear aircraft applications such as windows, lenses, display panels, and optical sensors. It allows for improved sight and precise readings in crucial systems. ❖ Films made of colorless polyimide have remarkable mechanical qualities, such as great strength and stiffness despite being lightweight. They are therefore perfect for aircraft applications where weight reduction is essential for overall performance and fuel efficiency. ❖ Polyimide was first used in the aerospace sector during the Apollo 11 landing missions. Traditional Kapton polyimide films were utilized, which soon led to the introduction of advanced polyimide films. For instance, in September 2022, NASA declared that the solar sail created using NeXolve's Colorless Polyimide Films would power the next Artemis I expedition. The sail is believed to be incredibly thin—40 to 100 times thinner than an A4 sheet. ❖ Having exceptional UV stability, colorless polyimide resists deterioration and yellowing when exposed to strong sunlight for an extended period of time. This characteristic is essential for aerospace applications, particularly exterior elements like aircraft windows and coatings, as it guarantees long-term performance and aesthetics. ❖ NASA recently made a number of advancements in the industry, including the development of colorless polyimide films Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC used as thermal-control coatings in aerospace. Source: Expert Insights & IndustryARC Analysis Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
CHAPTER - 05 COLORLESS POLYIMIDE MARKET - STRATEGIC ANALYSIS Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
5.1 VALUE CHAIN ANALYSIS(1/2) Value Chain of Colorless Polyimide Market Raw Formulation and Processing Component Manufacturi ng Monomer Synthesis Polymerizati on Materials Production Distribution End Users ❖ The value chain analysis deals with the comprehensive evaluation of each activity involved in the process of any product being delivered to the end users. Each stage across the value chain of the product or service is associated with creating some sort of monetary value. The value chain of a product or service can offer the company to examine every activity across the value chain and identify the steps where elimination or modification is essential. ❖ The major steps involved in the contribution of the total value of the colorless polyimide are described below: ➢ Raw Material Production: The value chain begins with the production of raw materials used in colorless polyimide manufacturing. Key raw materials include dianhydrides and diamines. ➢ Monomer Synthesis: The next stage involves the synthesis of monomers from the raw materials. The dianhydrides and diamines Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC are subjected to various reactions, such as esterification, amidation, or condensation, to produce the desired polyimide monomers. The monomers may undergo purification processes to remove impurities and ensure their quality. Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
5.1 VALUE CHAIN ANALYSIS(2/2) ➢ Polymerization: The monomers are then polymerized to form colorless polyimide polymers. Polymerization typically involves the imidization reaction, where the monomers undergo a condensation reaction to form the polyimide chains. This can be achieved through various methods, including solution polymerization, melt polymerization, or in situ polymerization. ➢ Processing and Formulation: Once the colorless polyimide polymers are obtained, they can be further processed and formulated into various forms such as films, sheets, fibers, or coatings. This stage involves techniques like solvent casting, hot pressing, extrusion, or spin coating, depending on the desired end-use application. Additives may be incorporated during formulation to modify properties like flexibility, adhesion, thermal stability, or electrical conductivity. ➢ Component Manufacturing: In this stage, colorless polyimide materials are used to manufacture components or products for specific applications. These can include flexible displays, printed circuit boards (PCBs), electronic packaging, sensors, optical devices, or other high-performance applications. Manufacturers utilize techniques like lamination, etching, cutting, or 3D printing to shape and assemble colorless polyimide materials into the desired components. ➢ Distribution: At the end of the chain, distributors work in getting the product to OEMs, who manufacture end products Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC that fulfill the needs of the end customer/user, and Maintenance, Repair, and Operations organizations. ➢ End Users: The end-use industries that are served by colorless polyimide are semiconductors, solar energy, aerospace, automobile, military, and others. Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
CHAPTER - 07 COLORLESS POLYIMIDE MARKET - BY PRODUCT TYPE Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
7.1 FLEXIBLE, FOLDABLE, OR ROLLABLE DISPLAYS (1/1) ❖ The flexible displays are anticipated to have 30.14% CAGR growth over the course of the forecast period. ❖ The market's leading companies are attempting to develop the technology. For instance, in April 2022, The transparent polyimide material utilized as the cover windows of the displays of Hewlett-Packard's (HP) foldable laptop will be provided by SK IE Technology. ❖ On 5th April 2021, The world's first foldable PC, developed by Lenovo, using a unique colorless polyimide (CPI®) material supplied by South Korean chemical and textile business Kolon Industries Inc. The ThinkPad X1 Fold model from Lenovo will have Kolon's CPI® film installed in its display cover window. ❖ On 28th July 2021, a patent named Polyimide film and flexible display panel including the same has been filed by SK Technology Co Ltd. ❖ On 28th March 2019, Kaneka Corporation developed colorless polyimide film as the material for the flexible organic electroluminescent (EL) display cover window. ❖ Kolon Industries of South Korea started manufacturing transparent CPI film in large quantities within a year after installing the production lines at its Gumi factory in the first half of 2019. Up to 10 million foldable phones may be supplied annually with the available capacity. Flexible, Foldable, or Rollable Displays: Global Colorless Polyimide Market Revenue, 2022- 2028 ($M) 180.00 160.00 140.00 120.00 Revenue($M) 100.00 80.00 60.00 40.00 20.00 0.00 2022 2023 2024 2025 2026 2027 2028 Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
7.2 ORGANIC LIGHT-EMITTING DIODES (OLEDS) (1/1) ❖ OLED flexible display substrates are frequently made of colorless Organic Light Emitting Diodes(OLEDs): Global Colorless Polyimide Market Revenue, 2022-2028 ($M) polyimide (CPI), which has greater heat resistance and stability. ❖ The market for colorless polyimide is expected to increase due to 35.00 growing demands for AMOLEDs, which are expected to replace 30.00 hard glass screens that were previously employed in the 25.00 production of clear screens. Revenue($M) 20.00 ❖ In 2022, for its foldable OLED panels, Samsung Display is getting 15.00 ready to deploy a transparent polyimide substrate, which would 10.00 increase the picture quality for the under-panel camera. 5.00 ❖ In October 2019, Merck KGaA, a leading science and technology 0.00 company, announced the acquisition of Versum Materials, a 2022 2023 2024 2025 2026 2027 2028 specialty materials supplier. This acquisition aimed to strengthen Merck's position in the electronic materials market, including polyimide materials used in OLED displays. Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
CHAPTER - 08 COLORLESS POLYIMIDE MARKET - BY END-USE INDUSTRY Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
8.1 SEMICONDUCTORS (1/1) ❖ Increasing demand from semiconductor manufacturers is driving Semiconductors: Colorless Polyimide Market Revenue, 2022-2028 ($M) significant growth in the colorless polyimide market. The surge in demand for advanced, high-performance microelectronic components 250.00 for consumer electronics and other applications is also projected to create lucrative opportunities for the colorless polyimide market. 200.00 ❖ For instance, in 2022, the US government allocated funds of $50 billion under the CHIPS and Science Act to maintain U.S. leadership in semiconductor production and promote well-paying employment. 150.00 Revenue ($M) The rise in government funds or grants for manufacturing semiconductors is also anticipated to boost the colorless polyimide 100.00 market. ❖ The demand for colorless polyimide continues to increase due to its 50.00 superior physical and electrical properties compared to other plastics and metals. Furthermore, the colorless polyimide market continues to 0.00 Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC benefit from the growing popularity of new semiconductor 2022 2023 2024 2025 2026 2027 2028 technologies due to its ability to offer superior thermal and electrical stability. Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
8.2 SOLAR ENERGY (1/1) ❖ Due to its low price and efficiency, colorless polyimide is becoming Solar Energy: Colorless Polyimide Market Revenue, 2022-2028 ($M) popular in the solar energy industry, for use in photovoltaic cells, solar windows, solar concentrators, solar cell coverings, and the encapsulation 18.00 of thin-film solar modules. 16.00 ❖ For instance, in 2023, for the development of space-based solar the UK 14.00 government provided fund £4.3 million ($5.4 million) in financing. The funds will be used to create wireless technologies and solar panels that 12.00 Revenue ($M) can be installed in space and send the power they generate to Earth. The 10.00 government funds and the rising awareness of the usage of solar panels 8.00 etc.. have boosted the solar industry which in turn is anticipated to boost 6.00 the colorless polyimide market. ❖ The colorless polyimide market is being boosted by its use in solar 4.00 energy due to its excellent heat insulation and electrical insulation 2.00 properties. With its unique properties, colorless polyimide is in great 0.00 Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC 2022 2023 2024 2025 2026 2027 2028 demand for solar energy applications and is anticipated to drive the market for colorless polyimide. Also, technological advancements and government schemes are contributing to market growth. Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
CHAPTER - 09 COLORLESS POLYIMIDE MARKET - BY GEOGRAPHY Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
9.4. APAC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
9.4.1 CHINA(1/1) ❖ The solar photovoltaic (PV) market is anticipated to expand significantly over the course of the forecast period as a result of the falling cost of solar modules China: Colorless Polyimide Market Revenue, 2022-2028 ($M) and the versatility of these modules for a range of uses, including electricity generation and water heating. China has an installed solar PV capacity of about 100.00 306.4 GW in 2021, up from 253.4 GW in 2020, according to the International 90.00 Renewable Energy Agency (IRENA). Large-scale solar PV installation 80.00 deployments, notably for utility projects, were the cause of the growth. The 70.00 Centre for Renewable Energy Development (CRED) in China intends to boost the 60.00 installed capacity of solar PV. Revenue ($M) ❖ The major solar power generating facilities will likely use PV modules due to 50.00 their versatility, which will have a direct impact on the solar PV segment as the 40.00 country's solar capacity expands. 30.00 ❖ The average annual income in China has grown by over 100 times since 1980, 20.00 from just over 1,000 Yuan in 1980 to about 106,000 Yuan (about £13,000) in 10.00 2021. The take-home wage for Chinese workers has more than doubled simply 0.00 in the last ten years. At the same time, from roughly 104.9 million in 2011 to Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC 2022 2023 2024 2025 2026 2027 2028 about 302 million in 2021, the number of cars on Chinese highways has grown by an astounding 187%. And this excludes even automobiles, scooters, and lorries. Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
CHAPTER - 10 COLORLESS POLYIMIDE MARKET - COMPANY ANALYSIS Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
10.1. KANEKA CORPORATION (1/2) Business Overview Kaneka Corporation Description Established Year 1949 Headquarters Japan Revenue (2022) $5,783.54M Website https://www.kaneka.co.jp/en/ Financials: Kaneka Corporation Revenue, 2020-2022 ($M) Kaneka Corporation, Revenue Share, By Segment, 2022 (%) Kaneka Corporation, Revenue Share, By Geography, 2022 (%) 7,000.00 6,298.46 4.89% 0.14% 5,783.54 Material Solutions Unit 10.31% 5,411.64 6,000.00 44.17% 23.46% 5,000.00 Revenue ($M) Japan Quality of Life Solutions Unit 4,000.00 9.87% Asia 3,000.00 North America Health Care Solutions Unit 2,000.00 Europe 9.37% Copyright ©2024 IndustryARC Solutions Unit Copyright ©2024 IndustryARC 20.12% 1,000.00 Nutrition Other areas 0.00 54.81% 2020 2021 2022 Others 22.86% Source: Company News and Press Releases Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
10.1. KANEKA CORPORATION (2/2) Kaneka Corporation: Product Portfolio Product Name Description Kaneka transparent polyimide film is a glass substitute film that combines the flexibility (bending resistance) and lightness of film with the qualities of glass, such as transparency, heat resistance, dimensional stability, and electrical properties. This film is very well-liked for usage in foldable devices. Transparent Polyimide Film Kaneka Corporation: Developments Date Approach Description Kaneka Corporation has developed colorless polyimide film, a material for the cover window of flexible organic electroluminescent (EL) displays, as part of its efforts to expand the polyimide business for organic EL displays. March, 2019 Product Launch Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Source: Company News and Press Releases Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
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