Polyester Film Capacitor Market to Reflect Impressive Growth Rate during 2030

Polyester Film Capacitor: Introduction

  • Polyester film capacitor is an electric device with an insulating plastic polyester film that acts as the dielectric medium which stores electric energy in an electric field. It is a passive two terminal electronic component.
  • Polyester film capacitors have various properties such as low equivalent series resistance, voltage tolerance, extended reliability & lifetime, self-healing property after breakdown, and high current handling and capacitance stability over frequency & temperature.
  • Polyester film capacitor is also known as Mylar and PET capacitor.

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Rise in Demand in Automotive Applications

  • Polyester film capacitors are largely used in automotive applications. In electric vehicles, polyester film capacitors are used in many applications including inverters, AC/DC converters, motor inverters, vehicle chargers, and other applications.
  • The world is moving toward electric and hybrid vehicles, which boosts the polyester film capacitor market due to extensive use of polyester capacitors in various parts (blind–spot detection, adaptive cruise control, safety system, emergency brake assist, alarm system, airbag occupant detection, integrated starter generators, and headlamps). Thus, rising demand for polyester film capacitors in electric and hybrid vehicles is expected to drive its demand during the forecast period.
  • The rising demand for different consumer electronics such as smartphones, laptops, electric vehicles, and IOT devices, and demand in many other end-use industries is likely to boost the demand for polyester film capacitors.
  • Some of the physical properties of polyester film capacitors – very low capacitance, high efficiency, tight capacitance tolerance, and long service life, increase its demand in various AC & DC microelectronics circuits. This is also projected to boost the polyester film capacitor market during the forecast period.
  • However, some strict government and environmental rules & regulations and low pricing margin are factors likely to restrain the market growth.

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Asia Pacific to Lead the Polyester Film Capacitor Market

  • In terms of region, the global polyester film capacitor market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
  • Asia Pacific is anticipated to dominate the global polyester film capacitor market throughout the forecast period, as a large number of manufacturers of polyester film capacitors operate in the region.
  • Asia Pacific is anticipated to remain the largest consumer of polyester film capacitors owing to a growing industrial base in developing nations such as China and India in the region.
  • Additionally, demand for polyester film capacitors is growing in Asia Pacific due to rising demand from information and communication technologies coupled with use of efficient circuits in diverse applications and consumer durables.
  • The polyester film capacitor market in Europe and North America is expected to expand at a substantial rate during the forecast period. On the other hand, the market in Middle East & Africa and South America is estimated to expand at a moderate pace during the forecast period.

Key Players Operating in the Global Polyester Film Capacitor Market

The global polyester film capacitor market was highly fragmented in 2019. Major players operating in the global market are focusing on technological advancements and expansions to meet the rising demand for polyester film capacitors. Moreover, manufacturers are signing partnerships for the development of innovative products.

Key players operating in the global polyester film capacitor market are listed below:

  • Cornell Dubilier Electronics, Inc.
  • Maxwell Technologies
  • Vishay Inter technology
  • Murata Manufacturing
  • NEC Tokin
  • Nichicon
  • Rubycon
  • Nippon Chemi-Con
  • AVX
  • Panasonic
  • Samsung Electro-Mechanics
  • Taiyo Yuden
  • TDK Corporation
  • Dekiel Electronics
  • KEMET Electronics Corporation
  • Xiamen Faratronic Co., Ltd.

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Global Polyester Film Capacitor Market: Research Scope

Global Polyester Film Capacitor Market, by Type

  • Plain  Polyester Film Capacitor
  • Metallized Polyester Film Capacitors

Global Polyester Film Capacitor Market, by Application

  • Power Converters
  • Automotive
  • Power and Utilities
  • Consumer Electronics
  • Telecommunication
  • Others

Global Polyester Film Capacitor Market, by Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Mexico
    • Rest of South America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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