PUBLISHER: Market Research Future | PRODUCT CODE: 1545625
PUBLISHER: Market Research Future | PRODUCT CODE: 1545625
America, Europe & India Thin Polypropylene Polymer Film for Capacitors Market Research Report Data Analysis By Film Type (Non-metallized, Metallized) By Film Capacitor Type (AC, DC), By Application (Damping Capacitor, Electronic Circuits, Power Capacitor Film, Others), By Thickness Range (Up to 1 micron, 1 - 10 microns, 10 - 15 microns), By Film Width (Up to 3 meters, 3 - 5 meters, Above 5 meters), By End Use Industry (Automotive, Electronics, Energy) and By Region (America, Europe & India) Forecast to 2032
The market size for thin polypropylene polymer film for capacitors in North America, Europe, and India was estimated at USD 2,995.9 million in 2022. The market for thin polypropylene polymer film for capacitors is expected to expand at a compound annual growth rate (CAGR) of 4.28% between 2023 and 2032, from USD 3,114.4 million in 2023 to USD 4,539.7 million. The market for polypropylene capacitor films in the Americas, Europe, and India is expected to develop due to several factors, including as the growing popularity of EVs and HEVs, the increase in demand for electronics, and the expanding use of these films in renewable energy applications. Furthermore, the power and automotive industries are effectively using polypropylene capacitor films, which is opening up a lot of growth potential for the material. Consumer preferences are evolving, necessitating the development of new, highly efficient electronic products. As a result, there is an increasing need for polypropylene capacitor film, which is used in the production of capacitors, one of the essential parts of electronic systems. The industry is experiencing a surge in potential due to the growing popularity of electric and hybrid vehicles, which is expected to positively impact demand for these vehicles in the coming years. Moreover, a significant additional element driving market expansion is the rise in industrial automation.
Insights on Market Segments
The Thin Polypropylene Polymer Film for Capacitors in America, Europe, and India Film type has been used to separate the market into two categories: non-metallized and metallic.
The market is divided into two segments based on transmission capacity: AC and DC.
Applications-based market segmentation includes Damping Capacitor, Electronic Circuits, Power Capacitor Film, and Others.
The market is divided into three segments based on thickness range: up to 1 micron, 1 - 10 microns, and 10 - 15 microns. Based on Film Width, the Americas, Europe, and India markets for Thin Polypropylene Polymer Film for Capacitors have been divided into three segments: Up to 3 meters, 3 - 5 meters, and above 5 meters. Automotive, Electronics, and Energy make up the market segments based on End Use Industry.
Regional Perspectives
The markets for thin polypropylene polymer film for capacitors are divided into three regions: Europe, India, and the Americas. The market for thin polypropylene polymer film for capacitors in Europe currently has the largest market share and is anticipated to generate a sizable portion of revenue over the course of the projected period. The growing popularity of electric cars and renewable energy sources in this area is driving up demand for PP capacitor films. The automotive industry has played a significant role in the growth of the PP capacitor film market in Europe. The need for PP capacitor films in applications like battery management systems will rise as the number of electric vehicles sold in nations like Germany and the UK rises.
Principal Players
The Bollore Group, Tervakoski Film, Birkelbach Kondensatortechnik GmbH, Toray Industries, Inc., PAN Electronics (INDIA) LTD, Cosmo Films, Shin-Etsu Chemical Co., Ltd., Priya Capacitors Pvt. Ltd., and Dhruv Industries Limited are some of the prominent companies in the thin polypropylene polymer film for capacitors market.
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