The biphenyl tetracarboxylic dianhydride market deals with the manufacturing and use of the monomer for the subsequent production of high-performance polyimides. These polyimides are used in electronic circuits, solar cells, speaker diaphragms, copying machines, heat-resistant plastic film, inks, and components in the automotive and aerospace industries. They are utilized due to their thermal stability and other beneficial mechanical properties. These advantages also lead to the use of these dianhydrides in the advanced materials sector.
High production costs and strict federal regulations due to the often hazardous nature of these chemicals limit market growth. Concerns about environmental sustainability also restrict market expansion. Despite these factors, there are several opportunities for market growth in the coming years due to the development of advanced and safer fabrication techniques and the expected spike in demand for electric vehicles.
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