The Plastic Film Capacitors Market size is estimated at USD 2.31 billion in 2024, and is expected to reach USD 2.94 billion by 2029, growing at a CAGR of 4.90% during the forecast period (2024-2029).
Plastic Film capacitors primarily include multiple families of capacitors that use different plastics as dielectric materials. They significantly replace paper-type capacitors in applications such as audio, radio circuits, and circuits operating at low to moderate voltages. Some of the commonly used plastics in these capacitors include polycarbonate, polypropylene (PP), polyester (PET), polystyrene, polysulfone, Kapton polyimide, Teflon (PTFE fluorocarbon), and metalized polyester (metalized plastic).
The plastic film capacitors market is fragmented and has several major players. These major players with prominent shares in the market are focusing on expanding their customer base across foreign countries. The market comprises Panasonic Corporation, Vishay Intertechnology Inc., TDK Corporation, AVX Corporation, KEMET Corporation, and many others. These companies leverage strategic collaborative initiatives to increase their market shares and profitability.
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