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Polyimide Varnish Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2027

Global Polyimide (PI) Varnish Market (By Type - Black, Yellow, Green; By Application - Semiconductor Components, Electrical, Avionic, Battery & PV, LED and Display, Others; By Industry - Consumer Electronics, IT & Telecommunications, Aerospace, Energy, Automotive and Others) – Industry Dynamics, Market Size, and Opportunity Forecast to 2027

  • Published On: 26-Nov-2021  |   Format: pdfpowerpointexcel  |  Report ID: AA1121105
    Delivery: 2 to 4 Hours
Polyimide Varnish Market

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Report AttributeDetails
Market Size Value in 2021US$ 114.9 Mn 
Expected Revenue in 2027US$ 176.3 Mn
Historic Data2017-2020
Base Year2021
Forecast Period2022-2027
UnitValue (USD Mn)
Segments coveredBy Type, By Application, By Industry, and Region
Key CompaniesUBE, PI Advanced Materials, Mitsui Chemical, and other prominent players.
Customization ScopeGet your customized report as per your preference. Ask for customization


Global PI varnish market is expected to grow by CAGR of 7.4% during the forecast period 2021-2027. 

The global polyimide varnish market is expected to reach US$ 176.3 Mn by the end of the year 2027.

High temperature resistant and long-term stability are some key properties of PI varnish. 

Consumer electronics holds the largest market share in industry segmentation of the PI varnish industry. 

LED & Display holds highest market share of around 24% in the year 2021. 

Asia Pacific is leading the global PI varnish market with 42.7% of the market share.

Growth in the automotive industry and increasing demand for new aircrafts are some major factors influencing the growth of the PI varnish market. 

The U.S. holds the highest market share.

Harmful effects of E-waste and standardization of EV charging stations are some major challenges for the PI varnish market. 

CR6 ratio of the PI varnish market is 76%. 

UBE Industries, Dupont, PI Advanced Materials, Mitsubishi Gas Chemical Company, Mitsui Chemical and Suzhou Jufeng Electrical Insulation System are some major players in the global PI varnish market. 

Semiconductor components, electrical, avionics, battery & PV and LEDs & Displays are some major applications of PI varnish. 

170 MT of PI varnish was used by battery and PV segment in the year 2021.