PP Capacitor Films Market Synopsis

PP Capacitor Films Market Size Was Valued at USD 2.04 Billion in 2022 and is Projected to Reach USD 2.84 Billion by 2030, Growing at a CAGR of 4.2% From 2023-2030.

PP capacitor films are dielectric materials made of polypropylene, characterized by high electrical insulation properties. These films find extensive use in capacitor construction, specifically in applications requiring efficient energy storage and release. They are available in single or double layers, they differ in thickness to meet diverse capacitance and voltage requirements.

  • PP Capacitor Films are versatile and efficient materials with exceptional dielectric properties, essential for various industries. They offer high electrical insulation, reduce energy loss, and enhance capacitor efficiency. They can be used in single or double layers, depending on capacity and voltage needs. PP Capacitor Films are widely used in electronics, electrical systems, and the automotive sector contributing to growth.
  • The market for PP Capacitor Films is increasing adoption of electronic devices and the automotive industry. It is widely used in electronics, electrical systems, and automotive sectors, PP capacitor films contribute to the development of reliable and high-performance capacitors for a range of applications.
  • Advancements in capacitor technology and a focus on energy-efficient solutions are driving demand for high-quality dielectric materials. The trend toward miniaturization in electronics and smart technologies is also rising market growth. The demand for PP Capacitor Films is expected to grow as industries prioritize energy efficiency and sustainability.

PP Capacitor Films Market Trend Analysis

Rising Demand in Electronics and Automotive Sector

  • PP films are ideal for miniaturizing and portability in electronics like smartphones and wearables. They offer high capacitance density and are used in data centers, medical devices, industrial automation, and the Internet of Things (IoT). Capacitors provide features of biocompatibility. reliable, and cost-effective, ideal for power conversion, energy storage, and communication in devices like pacemakers, defibrillators, and implantable devices.
  • The electric vehicle (EV) led to a demand for high-performance capacitors for various applications, including powertrain management systems, battery management systems, onboard electronics, charging infrastructure, and inverters and converters. ADAS features, such as automatic emergency braking and lane departure warning systems, require smaller, lighter capacitors in automotive electronics. PP films offer advantages such as cost-effectiveness, high dielectric strength, wide operating temperature range, and high ripple current handling. PP Capacitor Films has the potential for miniaturization while maintaining high capacitance density, towards smaller electronics and automotive components.  The rising demand in electronics and the automotive sector is the growing use of PP Capacitor Films in Various Applications.

Miniaturization and Efficiency Trends

  • There is a high demand for smaller, lighter capacitors due to the increasing compactness of modern electronic devices. PP capacitor films, particularly metalized and biaxially oriented (BO) versions, offer high capacitance density, for smaller capacitors with the same level of energy storage or filtering capability. PP films boast low ESR and good thermal stability which is ideal for applications like AC filtering, power conversion, and DC-DC converters in smaller, more efficient devices.
  • Miniaturization trends are opening up new application areas for PP films, such as wearable electronics, IoT devices, and implantable medical devices. PP films offer comparable performance at a lower cost compared to alternative materials like ceramic or metalized polyester. The demand for PP capacitor films is expected to grow steadily as miniaturization and efficiency trends continue to dominate the electronics sector.

PP Capacitor Films Market Segment Analysis:

PP Capacitor Films Market Segmented based on Product Type and End-User.

By Product Type, Metallized PP Capacitor Films segment is expected to dominate the market during the forecast period

  • Metalized PP Capacitor Films offer enhanced performance compared to their non-metalized counterparts. Metalized layer enhances the overall efficiency and reliability of capacitors, and is used for a wide range of applications. Metallization in MPPCFs increases capacitance per unit area, which enables smaller capacitors with the same energy storage capacity.
  • Metalized PP Capacitor Films provide superior self-healing properties. As industries increasingly demand for capacitors with higher performance standards will also increase. The Metallized PP Capacitor Films segment will dominate the market, with advanced solutions evolving technological requirements and contributing to the overall efficiency of electronic systems.

By Application, the Automotive segment held the largest share of 24.7% in 2022

  • The automotive industry is shifting towards electrification and advanced electronics. There is rising adoption of electric vehicles (EVs) and the integration of electronic components in conventional vehicles. PP Capacitor Films play a critical role in the automotive sector by ensuring the efficiency and reliability of capacitors used in energy storage systems, power electronics, and various electronic control units within vehicles.
  • PP Capacitor Films, offers excellent dielectric properties, thermal stability, and the ability to withstand harsh automotive environments, emerging as the material of choice for capacitors in these applications. PP Capacitor Films play a crucial role in supporting the technological advancements driving the future of the automotive industry towards electrification and the increasingly advanced electronic systems in modern vehicles.

PP Capacitor Films Market Regional Insights:

Asia Pacific is Expected to Dominate the Market Over the Forecast Period

  • The Asia Pacific region is experiencing explosive electronics growth due to major manufacturing hubs like China, India, and South Korea producing smartphones, computers, and consumer electronics. This has led to a massive demand for capacitors, including PP films, for various applications within these devices.
  • PP films, especially in metalized versions have excelled in miniaturization due to their high capacitance density and small size. The diverse and growing consumer base in Asia Pacific is contributing to the demand for electronic appliances and gadgets. This trend has created a sustained need for capacitors, supporting the market for PP Capacitor Films.
  • The region is also witnessing huge demand for electric vehicles (EVs) and hybrid/plug-in hybrid vehicles (HEVs/PHEVs), which heavily rely on PP films for power electronics and control systems. Government support and tax breaks for manufacturers have increased the production of PP Capacitor Films applications. These factors make PP films an attractive choice for manufacturers in the region, as they offer cost-effectiveness, competitiveness, and the potential for bio-based alternatives.

PP Capacitor Films Market Top Key Players:

  • AVX Corporation (United States)
  • KEMET Electronics Corporation (United States)
  • Vishay Intertechnology, Inc. (United States)
  • Illinois Capacitor (United States)
  • Terichem Tervakoski, a.s. (Czech Republic)
  • Polinas (Turkey)
  • Borealis AG (Austria)
  • The Bollor Group (France)
  • TDK Corporation (Japan)
  • Panasonic Corporation (Japan)
  • Nichicon Corporation (Japan)
  • Rubycon Corporation (Japan)
  • Shin-Etsu Chemical Co., Ltd. (Japan)
  • Toray Industries, Inc. (Japan)
  • Nichicon Corporation (Japan)
  • Nuintek Co Ltd (South Korea)
  • Anhui Eastern Communication Group (China), and Other Major Players.

Key Industry Developments in the PP Capacitor Films Market:

  • In July 2022, Nichicon Corporation developed and launched the GYF series of high-capacitance conductive polymer hybrid aluminum electrolytic capacitors with high ripple current and low ESR performance, which are increasingly demanded in automotive and telecommunications applications.
 

Global PP Capacitor Films Market

Base Year:

2022

Forecast Period:

2023-2030

Historical Data:

2017 to 2022

Market Size in 2022:

USD 2.04 Bn.

Forecast Period 2023-30 CAGR:

4.2 %

Market Size in 2030:

USD 2.84 Bn.

Segments Covered:

By Type

  • Metalized PP Capacitor Films
  • Plain PP Capacitor Films

By End-User

  • Automotive
  • Energy and Power
  • Medical Devices
  • Locomotive
  • Consumer Goods

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

 

  • Rising Demand in Electronics and Automotive Sector

Key Market Restraints:

  • Fluctuations in Raw Material Prices

Key Opportunities:

  • Miniaturization and Efficiency Trends

Companies Covered in the report:

  • AVX Corporation (United States), KEMET Electronics Corporation (United States), Vishay Intertechnology, Inc. (United States), Illinois Capacitor (United States), Panasonic Corporation (Japan), and Other Major Players.
  1. INTRODUCTION
    1. RESEARCH OBJECTIVES
    2. RESEARCH METHODOLOGY
    3. RESEARCH PROCESS
    4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
    5. MARKET SEGMENTATION
  2. EXECUTIVE SUMMARY
  3. MARKET OVERVIEW
  4. GROWTH OPPORTUNITIES BY SEGMENT
  5. MARKET LANDSCAPE
    1. PORTERā€™S FIVE FORCES ANALYSIS
      1. Bargaining Power Of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
    2. INDUSTRY VALUE CHAIN ANALYSIS
    3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
    4. MARKET TREND ANALYSIS
    5. REGULATORY LANDSCAPE
    6. PESTLE ANALYSIS
    7. PRICE TREND ANALYSIS
    8. PATENT ANALYSIS
    9. TECHNOLOGY EVALUATION
    10. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
      1. Geopolitical Market Disruptions
      2. Supply Chain Disruptions
      3. Instability in Emerging Markets
    11. ECOSYSTEM
  6. PP CAPACITOR FILMS MARKET BY PRODUCT TYPE (2017-2030)
    1. PP CAPACITOR FILMS MARKET SNAPSHOT AND GROWTH ENGINE
    2. MARKET OVERVIEW
    3. METALIZED PP CAPACITOR FILMS
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017 ā€“ 2030F)
      3. Historic And Forecasted Market Size in Volume (2017 ā€“ 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
    4. PLAIN PP CAPACITOR FILMS
  7. PP CAPACITOR FILMS MARKET BY END-USER (2017-2030)
    1. PP CAPACITOR FILMS MARKET SNAPSHOT AND GROWTH ENGINE
    2. MARKET OVERVIEW
    3. AUTOMOTIVE
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017 ā€“ 2030F)
      3. Historic And Forecasted Market Size in Volume (2017 ā€“ 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
    4. ENERGY AND POWER
    5. MEDICAL DEVICES
    6. LOCOMOTIVE
    7. CONSUMER GOODS
  8. COMPANY PROFILES AND COMPETITIVE ANALYSIS
    1. COMPETITIVE LANDSCAPE
      1. Competitive Positioning
      2. PP CAPACITOR FILMS Market Share By Manufacturer (2022)
      3. Industry BCG Matrix
      4. Heat Map Analysis
      5. Mergers & Acquisitions
    2. AVX CORPORATION (UNITED STATES)
      1. Company Overview
      2. Key Executives
      3. Company Snapshot
      4. Role of the Company in the Market
      5. Sustainability and Social Responsibility
      6. Operating Business Segments
      7. Product Portfolio
      8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
      9. Key Strategic Moves And Recent Developments
      10. SWOT Analysis
    3. KEMET ELECTRONICS CORPORATION (UNITED STATES)
    4. VISHAY INTERTECHNOLOGY, INC. (UNITED STATES)
    5. ILLINOIS CAPACITOR (UNITED STATES)
    6. TERICHEM TERVAKOSKI, A.S. (CZECH REPUBLIC)
    7. POLINAS (TURKEY)
    8. BOREALIS AG (AUSTRIA)
    9. THE BOLLOR GROUP (FRANCE)
    10. TDK CORPORATION (JAPAN)
    11. PANASONIC CORPORATION (JAPAN)
    12. NICHICON CORPORATION (JAPAN)
    13. RUBYCON CORPORATION (JAPAN)
    14. SHIN-ETSU CHEMICAL CO., LTD. (JAPAN)
    15. TORAY INDUSTRIES, INC. (JAPAN)
    16. NICHICON CORPORATION (JAPAN)
    17. NUINTEK CO LTD (SOUTH KOREA)
    18. ANHUI EASTERN COMMUNICATION GROUP (CHINA)
  9. GLOBAL PP CAPACITOR FILMS MARKET BY REGION
    1. OVERVIEW
    2. NORTH AMERICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Product Type
      4. Historic And Forecasted Market Size By End-User
      5. Historic And Forecasted Market Size By Country
        1. USA
        2. Canada
        3. Mexico
    3. EASTERN EUROPE
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
        1. Russia
        2. Bulgaria
        3. The Czech Republic
        4. Hungary
        5. Poland
        6. Romania
        7. Rest Of Eastern Europe
    4. WESTERN EUROPE
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
        1. Germany
        2. United Kingdom
        3. France
        4. The Netherlands
        5. Italy
        6. Spain
        7. Rest Of Western Europe
    5. ASIA PACIFIC
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Malaysia
        6. Thailand
        7. Vietnam
        8. The Philippines
        9. Australia
        10. New-Zealand
        11. Rest Of APAC
    6. MIDDLE EAST & AFRICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
        1. Turkey
        2. Bahrain
        3. Kuwait
        4. Saudi Arabia
        5. Qatar
        6. UAE
        7. Israel
        8. South Africa
    7. SOUTH AMERICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
  10. INVESTMENT ANALYSIS
  11. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies

Global PP Capacitor Films Market

Base Year:

2022

Forecast Period:

2023-2030

Historical Data:

2017 to 2022

Market Size in 2022:

USD 2.04 Bn.

Forecast Period 2023-30 CAGR:

4.2 %

Market Size in 2030:

USD 2.84 Bn.

Segments Covered:

By Type

  • Metalized PP Capacitor Films
  • Plain PP Capacitor Films

By End-User

  • Automotive
  • Energy and Power
  • Medical Devices
  • Locomotive
  • Consumer Goods

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

 

  • Rising Demand in Electronics and Automotive Sector

Key Market Restraints:

  • Fluctuations in Raw Material Prices

Key Opportunities:

  • Miniaturization and Efficiency Trends

Companies Covered in the report:

  • AVX Corporation (United States), KEMET Electronics Corporation (United States), Vishay Intertechnology, Inc. (United States), Illinois Capacitor (United States), Panasonic Corporation (Japan), and Other Major Players.
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Frequently Asked Questions :

What would be the forecast period in the PP Capacitor Films Market research report?

The forecast period in the PP Capacitor Films Market research report is 2023-2030.

Who are the key players in the PP Capacitor Films Market?

AVX Corporation (United States), KEMET Electronics Corporation (United States), Vishay Intertechnology, Inc. (United States), Illinois Capacitor (United States), Terichem Tervakoski, a.s. (Czech Republic), Polinas (Turkey), Borealis AG (Austria), The Bollor Group (France), TDK Corporation (Japan), Panasonic Corporation (Japan), Nichicon Corporation (Japan), Rubycon Corporation (Japan), Shin-Etsu Chemical Co., Ltd. (Japan), Toray Industries, Inc. (Japan), Nichicon Corporation (Japan), Nuintek Co Ltd (South Korea), Anhui Eastern Communication Group (China), and Other Major Players.

What are the segments of the PP Capacitor Films Market?

The PP Capacitor Films Market is segmented into Product Type, End-User, and region. By Product Type, the market is categorized into Metalized PP Capacitor Films and Plain PP Capacitor Films. By End-User, the market is categorized into Automotive, Infrastructure, Energy and Power, Medical Devices, Locomotive, and Consumer Goods. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the PP Capacitor Films Market?

PP capacitor films are dielectric materials made of polypropylene, characterized by high electrical insulation properties. These films find extensive use in capacitor construction, specifically in applications requiring efficient energy storage and release. They are available in single or double layers, they differ in thickness to meet diverse capacitance and voltage requirements.

How big is the PP Capacitor Films Market?

PP Capacitor Films Market Size Was Valued at USD 2.04 Billion in 2022 and is Projected to Reach USD 2.84 Billion by 2030, Growing at a CAGR of 4.2% From 2023-2030.