Further key findings from the report suggest :
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The global polyimide films market was estimated at USD 1,492.3 million in 2016 and is projected to
grow at a growth rate of 8.6% from 2017 to 2025
The flexible circuit board sector occupied the largest market share in 2016 on account of its
widespread use in ink-jet cartridges, printers & scanners, mobile phones, pagers, camcorders, and
military & avionics systems
FCB has many automotive applications ranging from dashboard to engine management, and ABS
control systems
Wire & cables are used in various application where high tensile strength, solvent resistance,
flammability and electrical resistivity is required
Electronics end-use segment is growing with the fastest growth rate owing to strong demand for
consumer electronics and increase in electrical components in automobile
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The aerospace segment accounted for 26.1% of the global revenue and is projected to witness the
second highest CAGR over the forecast period
Growing disposable income and investment in innovative devices is anticipated to boost the demand in
the electronics segment
Increasing investment from government & private institutions in the automotive and aerospace &
defense industry is projected to contribute to the demand over the coming years
Key players include E. I. Du Pont De Nemours and Company, Saint-Gobain, Von Roll Holding AG, Kaneka
Corporation and Arakawa Chemicals Industries
Research & development activities, new product launches, acquisition and mergers and technological
collaborations are some of the strategic initiatives taken up by leading companies
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