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The global capacitor market size was estimated to be US$ 18 billion in 2020 and is expected to reach US$ 25.7 billion by 2031 at a CAGR of 3.3%. Capacitors are electronic parts that store, manage and transmit electrical energy and current flow stream. These are fundamental parts that are used in circuit sheets and are ordinarily utilized for coupling, decoupling, powering, sifting and wave molding.