Global Polyimide Tape (Kapton Tape) Market is Projected to Reach 590 million USD by 2023

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The Polyimide Tape (Kapton Tape) industry was 536 million USD in 2017 and is projected to reach USD 590 million USD by 2023, at a CAGR (Compounded Annual Growth Rate) of 1.59% between 2017 and 2023. The market is driven by various end-user industries, such as 3C & Home Appliance, Industrial Equipment, Aerospace & Defense, Automotive Industry, Other.

The industry is less concentrated, top 5 took up about 31% of the global market in 2017. The key players include 3M, Saint-Gobain, Nitto Denko, Tesa, Dupont|Kapton, DUNMORE, Hisco, Botron, Polyonics, Can-Do National Tape, ESPI, Treentree-Shercon and so on. Other key players are like Shanghai Xinke, Micro to Nano, Electro Tape, CFS, Desco Industries, Essentra, Teraoka Seisakusho, Symbio, Multek, Viadon, Shunxuan New Materials, CEN Electronic Material, Dou Yee Enterprises and Chukoh Chemical, etc.

The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins.

Global Polyimide Tape (Kapton Tape) Market Research Report 2018 report released by QYResearch provides a basic overview of the Polyimide Tape (Kapton Tape) industry, including definition, classification, application and industrial chain structure. Discuss users and distributers as well as manufacturing processes and cost structures.

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The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Polyimide Tape (Kapton Tape) industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.

Polyimide tape is made of high temperature polyimide film. This Polyimide tape is used in masking of circuit boards during wave soldering or other electronic manufacturing processes. There are silicone based polyimide tape, acrylic based polyimide tape. Silicone based is the mainly product in the world at present, represented about 77% of the global production market. And acrylic based Polyimide tape is a rare type, represented less than 23% of the total. Polyimide tape can be used in PCB and electrical applications, etc.

The polyimide tape total production will reach 28.8 million rolls in 2016 from 24.5 million rolls in 2012 all around the world, with the CAGR of 4.17%. The market growth rate is leading by developing countries, such as China, India & SEA, etc. these years.

China, USA, Japan and Germany are now the key producers of polyimide tape in the world. USA is the largest consumption country of polyimide tape products in the world in the past few years while the market share declined to about 34.5% in 2016 from 36.3% in 2012, and USA will keep the leading position in the next few years. While China is about 17.6%, Europe is about 25.1% and Japan is 12.3% of the global market in 2016, and Europe and Japan increased slowly in 2012-2016, all CAGR of demand is less than 3%.

The Polyimide Tape (Kapton Tape) industry was 536 million USD in 2017 and is projected to reach USD 590 million USD by 2023, at a CAGR (Compounded Annual Growth Rate) of 1.59% between 2017 and 2023. The market is driven by various end-user industries, such as 3C & Home Appliance, Industrial Equipment, Aerospace & Defense, Automotive Industry, Other.

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