The global polyimide (PI) market is forecast to expand significantly over the next decade, driven by rising demand across electronics, aerospace, and automotive sectors. Polyimides’ unique thermal stability, mechanical strength, and chemical resistance continue to position them as essential materials in advanced industrial applications.

Market Outlook

According to industry projections, the global polyimide market is expected to grow from an estimated USD 1,106.7 million in 2024 to approximately USD 1,833.7 million by 2030, reflecting a CAGR of around 9.0% from 2025 to 2030.

Meanwhile, the Reed Intelligence report forecasts the market will maintain a compound annual growth rate (CAGR) of approximately 6.5% over the forecast period from 2023 to 2031.

Key Highlights

Largest Region: Asia Pacific continues to be a dominant market hub due to its strong electronics manufacturing ecosystem and expanding industrial base.

Fastest Growing Region: Across broader industry analyses, Asia Pacific is also frequently cited as the fastest-growing region through the forecast period due to rapid adoption in electronics and automotive applications.

Largest Segment by Type: Polyimide film commands the largest share within the product type category.

Fastest Growing Application Segment: The automotive & transportation application segment is anticipated to grow at a high CAGR over the forecast period.

Market Dynamics

Drivers:
The global polyimide market is experiencing sustained growth due to increasing demand for high-performance materials that offer exceptional thermal stability and chemical resistance. The proliferation of consumer electronics, particularly flexible printed circuit boards and advanced display technologies, has boosted the need for polyimide films and coatings. In addition, the expansion of electric vehicles and aerospace technologies continues to fuel demand for lightweight, heat-resistant materials that help improve efficiency and performance.

Restraints & Opportunities:
Market challenges include supply-chain constraints and raw material price volatility, which can impede production scalability. However, opportunities abound in emerging applications such as 5G infrastructure, medical devices, and next-generation automotive components. As industries prioritize innovation and material efficiency, polyimides are positioned to capture new growth avenues, especially in high-end electronic and industrial segments.

Top Market Players

Key participants competing in the global polyimide market include:

SABIC

DuPont

Kaneka Corporation

Evonik Fibres

Ube Industries

Solvay

SKCKOLONPI

Saint-Gobain

Taimide Technology

Mitsui Chemicals

Qinyang Tianyi Chemical

Asahi Kasei

HD MicroSystems

Shengyuan

HiPolyking

Mitsubishi Gas Chemical

Segmentation Overview

By Type:

Film

Resin

Plastic

Others

By Application:

Aerospace

Electrical Industry

Machine Industry

Others

By Region:

North America

Europe

Asia Pacific

Middle East & Africa

Latin America

About the Report

The Global Polyimide (PI) Market Size, Share and Trends Analysis report by Reed Intelligence delivers comprehensive insights into market developments, including competitive landscape, regional outlook, segmentation by type and application, and key growth drivers and restraints. The analysis covers data through the base year (2023) and provides forecasts through 2031 at a CAGR of approximately 6.5%, reflecting evolving market dynamics across major geographic regions.