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.
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 global Polyimide Varnish market is valued at 15 million US$ in 2018 is expected to reach 24 million US$ by the end of 2025, growing at a CAGR of 6.3% during 2019-2025.
This report focuses on Polyimide Varnish volume and value at global level, regional level and company level. From a global perspective, this report represents overall Polyimide Varnish market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
UBE
IST
ELANTAS
Picomax
Suzhou Jufeng Electrical Insulating System
Danyang Sida Chemical
Shanghai Tonghao induatrial Trade
ChangZhou HongBo Paint
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Normal Heat Resistant Type
High Heat Resistant Type
Segment by Application
Wire Coating
Aerospace and Defense
OLED/LCD Display
Others
Summary:
Get latest Market Research Reports on Polyimide Varnish . Industry analysis & Market Report on Polyimide Varnish is a syndicated market report, published as Global Polyimide Varnish Market Research Report 2019. It is complete Research Study and Industry Analysis of Polyimide Varnish market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.