Abstract, Snapshot, Market Analysis & Market Definition: Polyimide Varnish Market
Polyimide varnish is a solution having a polyimide and/or a polyimide precursor dissolved in an organic solvent and which is useful for forming a polyimide coating film on a substrate by coating the solution on the substrate followed by heat treatment, wherein from 5 wt% to 60 wt% of the organic solvent is a lactic acid derivative of the formula R1-O-[(CH3)CH]- COOR2 wherein each of R1 and R2 which are independent of each other, is hydrogen, a C1-5 alkyl or a C1-5 alkenyl . First, in terms of production, the polyimide varnish was 783 MT in 2017. And it is anticipated to reach 1075 MT by 2024. Second, polyimide varnish has a high concentration. The top four companies account for more than 76.37 % of market share. UBE, IST, ELANTAS and Suzhou Jufeng Electrical Insulating System are the tycoons of polyimide varnish. UBE is the largest manufacturer, with the market share of 25.6% in 2017. Third, in terms of application, polyimide varnish is a kind of coats. Polyimide varnish has a very wide range of uses. The major applications of polyimide varnish are Wire Coating, Aerospace and Defense and OLED/LCD Display. Aerospace and Defense accounted for the largest market with about 47% of the global consumption for polyimide varnish in 2017. Forth, the global average price of polyimide varnish is in the increasing trend, from 2016-2018. With the situation of global economy, prices will be in increasing trend in the following five years. Fifth, at present, in the foreign industrial developed countries the electrical insulating varnish industry is generally at a more advanced level in developed countries, such as Japan, USA, etc. Meanwhile, foreign companies have more advanced equipment, strong R&D capabilities; the technical level is in a leading position. But foreign companies' manufacturing cost is relatively high, compared with Chinese companies, the manufacturing cost is competitive disadvantage, as the Chinese electrical insulating varnish production enterprise technology continues to improve, their share in the international market is increasing, competitiveness in the international market gradually increase. In summary, we tend to believe that this industry still has a bright future.
In 2019, the market size of Polyimide Varnish is 16 million US$ and it will reach 24 million US$ in 2025, growing at a CAGR of 6.3% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Polyimide Varnish. This report studies the global market size of Polyimide Varnish, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Polyimide Varnish production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
Market Segmentation, Outlook & Regional Insights: Polyimide Varnish Market
Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Normal Heat Resistant Type
High Heat Resistant Type
Segmentation by Application: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Wire Coating
Aerospace and Defense
OLED/LCD Display
Others
Key Players, Recent Developments & Sector Viewpoints: Polyimide Varnish Market
UBE
IST
ELANTAS
Picomax
Suzhou Jufeng Electrical Insulating System
Danyang Sida Chemical
Shanghai Tonghao induatrial Trade
ChangZhou HongBo Paint
Key Insights Covered: Exhaustive Polyimide Varnish Market
1. Market size (sales, revenue and growth rate) of Polyimide Varnish industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Polyimide Varnish industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Polyimide Varnish industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Polyimide Varnish industry.
Research Methodology: Polyimide Varnish Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.