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Plastic Dielectric Films Market is Expected to Register a CAGR of 4.1% CAGR Through 2029 - Future Market Insights

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Future Market Insights

04 Apr, 2019, 13:30 GMT

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VALLEY COTTAGE, New York, April 4, 2019 /PRNewswire/ -- According to a recent study of Future Market Insights (FMI), the plastic dielectric films market is expected to record an average CAGR of over 4% through 2029. Plastic dielectric films have sought extensive adoption in capacitors and integrated circuits of electronic gadgets in recent years. High pressure resistance, hazardous substance compliance, and low thermal resistance, are key attributes of plastic dielectric films driving their adoption in the consumer electronics. 

Polypropylene plastic dielectric films are in high demand owing to their material specific properties such as high insulation strength, low dielectric absorption, low dissipation factor, and high breakdown strength. PP plastic dielectric films have gained traction as ideal solutions for multiple ranges of temperature. 

Excellent properties of plastic dielectric films make them suitable for use in a wide range of applications in AC and DC systems, and high current DC applications. Sales of DC film capacitors are expected to grow at a robust CAGR, upheld by consumer demand for Audio & Video, along with the need for innovative capacitor solutions for IoT-based devices and handled devices. 

Request a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-7562

European Market Poised for Modest Growth through the Next Decade

Consumers in Europe look for more diverse choices in terms of quality, price, and convenience. The electronics & electrical industry in developed countries such as France, Italy, Germany, and UK is matured, and is expected to witness moderate growth during the forecast period. The Europe plastic dielectric films market is expected to register a CAGR of 3.3% through 2029. 

The demand for plastic dielectric films for DC film capacitor applications is expected to increase in Europe, and these are expected to account for a market share of 40% in the year 2019. The rapidly growing solar market is also expected to fuel the plastic dielectric films market. Developed countries such as Spain and Italy, have been putting in commercial wind power generation, to have more than 1 GW energy generation on an average. This will continue to create strong opportunities for growth of the plastic dielectric films market. 

Preview Analysis of Plastic Dielectric Films Market is segmented by (Material Type - Polypropylene (PP), Polyethylene Terephthalate (PET), Polyphenylene Sulfide, Polyethylene Naphthalate (PEN), Polytetrafluoroethylene (P.T.F.E.) & Others (Polystyrene, etc.); Application - AC Film Capacitor & DC film Capacitor;) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2029 : https://www.futuremarketinsights.com/reports/plastic-dielectric-films-market

Asia's Manufacturing Industry to Offer Highly Attractive Opportunities

Manufacturing industry in Asia has been attracting significant investments from leading MNCs which contributes to the plastic dielectric films market growth. Companies from countries such as India, China, and Japan, are growing in the key sectors pertaining to manufacturing, raw material extraction, and services. The China plastic dielectric films market is expected to witness the highest growth during the forecast period, owing to the rising demand for consumer electronics as a result of improving living standards in the Asia region. 

China has gained popularity as the production hub for electronics, and high-volume products in the computer, consumers, and communications segments. Major global OEMs and electronic manufacturing service providers are looking to move their production sites to alternate locations due to cost optimization and raw material supply. The electrical & electronics industry is rapidly expanding in South Asian countries such as Vietnam, Indonesia, and Malaysia due to multiple factors including low labor costs and substantial domestic demand, thereby driving the plastic dielectric films market in the region. 

Buy this report @ https://www.futuremarketinsights.com/checkout/7562

The South Asian plastic dielectric films market is fragmented in nature with the presence of electronic equipment and component manufacturers with medium-to-large production capacity in the market. India represents the highest market value share in the South Asia plastic dielectric films market and is expected to continue its dominance throughout the forecast period. The South Asia plastic dielectric films market represents the highest CAGR in terms of value. The South Asia plastic dielectric films market is expected to expand at a CAGR of 5.2% over the forecast period. 

Key players operating in the global plastic dielectric films market include Treofan Group, Toray Plastics (America) Inc., Bollore Group, Steiner GmbH & CO. KG, DuPont Teijin Films, Mitsui Chemicals, Inc., Kopafilm Elektrofolien GmbH, Tervakoski Films Group, Birkelbach Kondensatortechnik GmbH, Shin-etsu Film Company Limited, Sungmoon Electronics Co. Ltd., Wenling Wanbao Capacitor Factory (Taizhou Yongji Electronics Co., Ltd.), PPI Adhesive Products (C.E.) S.r.o., Tricor Packaging, Arcwise Packaging, Inc., and Xpro India Limited. 

For more information about the current and prospective demand-supply scenario of plastic dielectric films market, write in to press@futuremarketinsights.com

Our advisory services are aimed at helping you with specific, customized insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you: https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-7562

More from Packaging Market Intelligence:

  • Container Liner Market Segmented By product type - ventilated containers, refrigerate containers, tank containers, open-top containers, and other (flat containers, high cube containers etc.); By Materials Type - Polypropylene / High density Polyethylene woven Fabric, Polyethylene heavy gauge film, cross laminated Polypropylene films and HDPE Fabric reinforced films; By dimensions - ISO 20' and ISO 40' : https://www.futuremarketinsights.com/reports/container-liner-market
  • Rotary Band Heat Sealer Market Segmented By product type - bags, pouch and sachets, cartons, bottles, medical equipment and others; By technology type - horizontal form heat sealers and Vertical heat sealers : https://www.futuremarketinsights.com/reports/rotary-band-heat-sealer-market
  • Tablet Packing Machine Market Segmented By type - Strip Packing Machine, Blister Packaging Machines, Bottle Packaging, Aluminum foil packaging machine, Accucounter Tablet Packing Machine, Automatic Pouch Packing Machine, Vertical tablet packing machinery, Fill & Sealing Machine, Automatic Tablet Packaging Machine; By material - Thermoform, Cold form, Aluminum, PVC : https://www.futuremarketinsights.com/reports/tablet-packing-machine-market

About Us

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Browse More Packaging Market Intelligence

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