Polyimide Coatings Market Analysis of Global Industry, Market Size, Forecast and Growth with Leading Regions
Market Overview According to the latest updates, the global polyimide coatings market size in 2020 is valued at US$ 1.462 billion and is predicted to reach US$2.30 billion along with the CAGR of 6.7% during the forecast period 2020–2027. Polyimide coatings are available in both liquid and solid forms used on various automotive and electronic components surfaces to attain the desired results. These coatings have a few beneficial chemical properties that polyimides exhibit chemical resistance, excellent dielectric properties, mechanical toughness, and thermal stability making them ideal to use in the aerospace and defense industry. These coatings have superior characteristics like a low coefficient of linear thermal expansion, and high flexibility which are very helpful in various electronic appliances. As they offer low dielectric constant and better amenability, these coatings are organic insulation preferred over inorganic insulators. Furthermore, polyimides are also used in sem...