Global Polyimide Films Market: Regional Analysis
On basis of region, Asia Pacific is expected to dominate the global polyimide films market over the forecast period as the region is experiencing a rapid increase in demand for electronics. Moreover, the development of infrastructure and the increased digitalization are also expected to promote the growth of the market. The demand for flexible films is further expected to drive the market growth. In addition to this, the region is also experiencing a rapid increase in the demand for electronics products.
The polyimide films market in Europe is also expected to experience significant growth over the forecast period. The region is expected to be a major contributor to the global polyimide films market. Moreover, the market is also expected to experience a high degree of competition. Several leading players are involved in the market. In addition to this, there are several mergers and acquisitions taking place. Furthermore, the rise in the manufacturing of electric vehicles in the region has also contributed to the market growth.
Figure 1. Global Polyimide Films Market Share (%), By Region, 2023
Regionally, Asia Pacific dominated the global polyimide films market in terms of revenue, in 2022, followed by Europe and North America, respectively.
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