Market Overview:
The global polyimide varnish market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for polyimide varnish in various applications, such as wire coating, aerospace and defense, OLED/LCD display, and others. Polyimide varnish is a type of resin that is used for coating purposes. It offers excellent resistance to heat and chemical corrosion. This makes it suitable for use in high-temperature environments and harsh conditions.
Product Definition:
A polyimide varnish is a clear, high-temperature resin that is used to protect metal parts from corrosion and to improve the electrical insulation of wires and other components.
Normal Heat Resistant Type:
Normal heat resistant type is a polymer with high thermal stability. It can be used in applications where the temperature should be greater than 300°C but less than 400°C. Polyimide resins are normal heat resistant and have low dielectric constant, they are widely used for coating polymers such as epoxy, polyester and nylon owing to their fire resistance property.
High Heat Resistant Type:
High heat resistant polyimide varnish is a type of polyimide coating, which can withstand high temperatures. The product finds application in various industries including aerospace, automotive and electronics. It is also used as an adhesive for metal to metal bonding applications such as welding and brazing.
The global high heat resistant type market was valued at USD 536 million in 2016.
Application Insights:
Wire coating application dominated the global polyimide varnish market in terms of revenue share in 2017. This is attributed to its extensive use in electrical and electronics industry for coating wires and cables. Polyimide varnishes are used for protection against abrasion, corrosion, UV rays, high temperatures and other environmental factors such as temperature changes & humidity. These coatings enhance the performance of insulation by providing a smooth surface over the wire or cable which results into higher product demandability.
Aerospace & defense is expected to be one of the fastest growing application segments during forecast years on account of increasing product demand from this sector due to properties such as thermal shock resistance, chemical resistance along with low weight coupled with high strength makes it suitable for aircraft interiors including wiring harnesses and control surfaces among others.
Regional Analysis:
Asia Pacific Polyimide Varnish Market led the global industry and accounted for over 40% of the total market volume in 2016. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing demand from end-use industries such as aerospace & defense, electronics, automotive, medical devices and others.
The growing manufacturing sector in emerging economies such as China and India coupled with rising investments by multinational companies are anticipated to drive product demand across this region. In addition, favorable government policies promoting domestic production are likely to provide a boost to regional growth during the forecast period.
North America is projected to witness significant growth over the next eight years owing high consumption of varnishes across various applications including wire coating, aerospace & defense among others sectors which have witnessed an increase in production activities due mainly expansion of electronic products manufacturing base primarily located in Mexico since past few years along with other factors like trade barriers being removed between U S.
Growth Factors:
- Increasing demand from end-use industries such as automotive and electrical & electronics
- Rising demand for lightweight and durable materials in transportation sector
- Growing popularity of polyimide coatings in aerospace industry
- Increasing investment in research and development activities for new applications of polyimide varnish
- Technological advancements to improve the properties of polyimide varnish
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyimide Varnish Market Research Report
By Type
Normal Heat Resistant Type, High Heat Resistant Type
By Application
Wire Coating, Aerospace and Defense, OLED/LCD Display, Others
By Companies
UBE, IST, ELANTAS, MGC, JFE, Picomax, Suzhou Jufeng Electrical Insulating System, Danyang Sida Chemical, Shanghai Tonghao induatrial Trade
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Polyimide Varnish Market Report Segments:
The global Polyimide Varnish market is segmented on the basis of:
Types
Normal Heat Resistant Type, High Heat Resistant Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Wire Coating, Aerospace and Defense, OLED/LCD Display, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- UBE
- IST
- ELANTAS
- MGC
- JFE
- Picomax
- Suzhou Jufeng Electrical Insulating System
- Danyang Sida Chemical
- Shanghai Tonghao induatrial Trade
Highlights of The Polyimide Varnish Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Normal Heat Resistant Type
- High Heat Resistant Type
- By Application:
- Wire Coating
- Aerospace and Defense
- OLED/LCD Display
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Polyimide Varnish Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Polyimide varnish is a type of varnish that is made from polyimide resin. It is a very strong and durable varnish that can be used to coat wood, metal, or other materials. Polyimide varnish is also resistant to water and most chemicals, making it ideal for use in high-traffic areas or on sensitive surfaces.
Some of the major companies in the polyimide varnish market are UBE, IST, ELANTAS, MGC, JFE, Picomax, Suzhou Jufeng Electrical Insulating System, Danyang Sida Chemical, Shanghai Tonghao induatrial Trade.
The polyimide varnish market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polyimide Varnish Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Polyimide Varnish Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polyimide Varnish Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Polyimide Varnish Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Polyimide Varnish Market Size & Forecast, 2020-2028
4.5.1 Polyimide Varnish Market Size and Y-o-Y Growth
4.5.2 Polyimide Varnish Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Normal Heat Resistant Type
5.2.2 High Heat Resistant Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Wire Coating
6.2.2 Aerospace and Defense
6.2.3 OLED/LCD Display
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polyimide Varnish Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Polyimide Varnish Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Normal Heat Resistant Type
9.6.2 High Heat Resistant Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Wire Coating
9.10.2 Aerospace and Defense
9.10.3 OLED/LCD Display
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Normal Heat Resistant Type
10.6.2 High Heat Resistant Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Wire Coating
10.10.2 Aerospace and Defense
10.10.3 OLED/LCD Display
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Normal Heat Resistant Type
11.6.2 High Heat Resistant Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Wire Coating
11.10.2 Aerospace and Defense
11.10.3 OLED/LCD Display
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Normal Heat Resistant Type
12.6.2 High Heat Resistant Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Wire Coating
12.10.2 Aerospace and Defense
12.10.3 OLED/LCD Display
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Normal Heat Resistant Type
13.6.2 High Heat Resistant Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Wire Coating
13.10.2 Aerospace and Defense
13.10.3 OLED/LCD Display
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Polyimide Varnish Market: Competitive Dashboard
14.2 Global Polyimide Varnish Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 UBE
14.3.2 IST
14.3.3 ELANTAS
14.3.4 MGC
14.3.5 JFE
14.3.6 Picomax
14.3.7 Suzhou Jufeng Electrical Insulating System
14.3.8 Danyang Sida Chemical
14.3.9 Shanghai Tonghao induatrial Trade
