Global (North America, Europe, Asia-Pacific, South America, Middle East and Africa) Polyimide Varnish Market 2018, Forecast to 2023
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 group or a C1-5 alkenyl group.
Scope of the Report:
This report focuses on the Polyimide Varnish in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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.
The worldwide market for Polyimide Varnish is expected to grow at a CAGR of roughly 6.2% over the next five years, will reach 21 million US$ in 2023, from 15 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
Suzhou Jufeng Electrical Insulating System
Danyang Sida Chemical
Shanghai Tonghao induatrial Trade
ChangZhou HongBo Paint
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Normal Heat Resistant Type
High Heat Resistant Type
Market Segment by Applications, can be divided into
Aerospace and Defense
There are 15 Chapters to deeply display the global Polyimide Varnish market.
Chapter 1, to describe Polyimide Varnish Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Polyimide Varnish, with sales, revenue, and price of Polyimide Varnish, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Polyimide Varnish, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Polyimide Varnish market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Polyimide Varnish sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
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