PP Capacitor Films Market to Register Substantial Expansion by 2027

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PP Capacitor Films Market

• Global Industry Analysis, Size, Share, Growth,
  Trends and Forecast, 2027

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Global PP Capacitor Films Market Key
Highlights

• The global PP capacitor films market was valued
  at US 2.2 Bn in 2018, and is anticipated to
  expand at a CAGR of 5 during the forecast
  period.
• The global PP capacitor films market is driven by
  the rise in the demand for smart grids and
  renewable energy.
• Asia Pacific accounts for a major share of the
  global PP capacitor films market, led by the
  robust demand for electric vehicles in the region.

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Key Drivers of Global PP Capacitor Films Market

• Electric and hybrid vehicles are gaining
  popularity due to their low consumption of fuel
  and lesser environmental footprint.
• Increase in the demand for electric energy
  storage devices used under extreme conditions in
  electric vehicles is driving the demand for PP
  capacitor films, as they offer excellent thermal
  stability and energy density.
• In recent years, the development of vehicles with
  safety features and automatic driving mechanism,
  such as on-board components and advanced driver
  assistance systems (ADASs), has gained momentum.
• This factor is driving the demand for small-size
  capacitors with high capacities, which can
  withstand high temperatures.

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China to Offer Attractive Opportunities

• China is a major supplier of PP capacitor films.
  Furthermore, it is developing a technology that
  is required for high electric and temperature
  purposes, to meet the demand for emerging as well
  as established applications.
• China is leveraging opportunities in growing
  eco-friendly sectors, such as power generation,
  electric vehicles, and other industries.
• Some companies are adopting the metal spraying
  process rather than the winding of PP films to
  improve product specifications.

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key players operating in the global PP capacitor
films market

• Brückner Group GmbH
• Birkelbach Kondensatortechnik GmbH
• Steiner GmbH CO
• KG, Sungmoon Electronics Co. Ltd

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