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 2030.

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 was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

In the global Polyimide Varnish Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-

UBE
IST
ELANTAS
Picomax
Suzhou Jufeng Electrical Insulating System
Danyang Sida Chemical
Shanghai Tonghao induatrial Trade
ChangZhou HongBo Paint

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :

Normal Heat Resistant Type
High Heat Resistant Type
In Market segmentation by applications :

Wire Coating
Aerospace and Defense
OLED/LCD Display
Others

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Polyimide Varnish Market for the forecast period 2023 - 2030?
• What are the driving forces in the Polyimide Varnish Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Polyimide Varnish industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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