Paper Film Capacitor Market Report 2025 (Global Edition)

Global Paper Film Capacitor Market Report 2024 Market Size Split by Product (AC, DC), by Application (Power converters, Uninterruptible power supply (UPS), Solar inverters, Motor drives, Others), by I...

Paper Film Capacitor Market Report Description

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Paper Film Capacitor Market Insights Video

Competitive Landscape of the Paper Film Capacitor Market

The competitive environment in the paper film capacitor industry is dynamic and changing quickly as major competitors fight for market supremacy. With their broad product lines and robust global presence, companies like KEMET Corporation, TDK Corporation, and Murata Manufacturing Co., Ltd. are at the forefront of the industry. To keep ahead of the competition, these industry titans prioritize ongoing innovation and smart alliances. New players are also making their mark in the market by introducing cutting-edge technology and specialized product offerings, in addition to the existing players. The market is improving constantly due to this fierce rivalry, which is also encouraging an innovative culture.

May 2022: The TDK Corporation declared its plan to build a new factory in Japan with the goal of manufacturing high-reliability capacitors for use in automobiles. It is intended for this location to house an entire production line, from raw materials to finished product assembly. (Source: https://www.tdk.com/en/news_center/press/20220510_01.html ) January 2022: Exxelia, a business that specializes in developing and producing passive parts and subsystems, said that a big transaction involving Alcon Electronics had been successfully completed. Exxelia's position in the market will be further strengthened by this acquisition, which is expected to significantly increase its capacity to produce capacitors. (Source: https://exxelia.com/en/group/news/detail/210/exxelia-invests-in-alcon-electronics )

Top Companies Market Share in Paper Film Capacitor Industry: (In no particular order of Rank)

• AVX Corporation
• Cornell Dubilier Electronics Inc
• Custom Electronics Inc
• TDK Corporation
• Murata Manufacturing Co.
• Ltd.
• Electro Technik Industries Inc
• Hitachi AIC Inc.
• KEMET Corporation
• Exxelia
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Paper Film Capacitor Market

Which Region Dominates the Paper Film Capacitor Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue. The increase in demand for electric, hybrid, and plug-in hybrid vehicles is driving up the need for paper film capacitors in this area. The need for paper film capacitors has surged in North America due to significant industrial development and the availability of big players. These players also offer capacitors at a competitive price, further driving up demand for paper film capacitors in this region.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the Paper Film Capacitor market. Paper film capacitor demand is being driven by the region's rapid industrialization and growing electronic manufacturing industry. Significant contributors to the expansion in this region are nations such as China, Japan, and South Korea. The growth of the automotive, renewable energy, and consumer electronics industries also helps to drive the Asia Pacific market.

The current report Scope analyzes Paper Film Capacitor Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Paper Film Capacitor Market

According to Cognitive Market Research, the global Paper Film Capacitor market size was estimated at USD XX Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Paper Film Capacitor market with a market size of USD XX million in 2024 and is projected to grow at a CAGR of 2.0% during the forecast period because all industries in this country are placing an increasing emphasis on sustainability and energy efficiency.
• The Canada Paper Film Capacitor market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 3.0% during the forecast period. The demand for paper film capacitor technology in this country is driven by investments in environmental programs and renewable energy.
• The Mexico Paper Film Capacitor market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD XX million in 2024.

Europe Paper Film Capacitor Market

According to Cognitive Market Research, the global Paper Film Capacitor market size was estimated at USD XX Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.5% from 2024 to 2031.

• The United Kingdom Paper Film Capacitor market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 3.3% during the forecast period. Market opportunities are strengthened by government measures encouraging sustainable energy, urbanization, and rapid industrialization.
• The France Paper Film Capacitor market is projected to witness growth at a CAGR of 1.7% during the forecast period, with a market size of USD XX million in 2024.
• According to Cognitive Market Research, the German Paper Film Capacitor market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 2.7% during the forecast period propelled by plans for infrastructure expansion and energy diversification.
• The Italy Paper Film Capacitor market is projected to witness growth at a CAGR of 1.9% during the forecast period, with a market size of USD XX million in 2024.
• The Russia Paper Film Capacitor market is projected to witness growth at a CAGR of 1.5% during the forecast period, with a market size of USD XX million in 2024.
• The Spain Paper Film Capacitor market is projected to witness growth at a CAGR of 1.6% during the forecast period with a market size of USD XX million in 2024
• The Luxembourg Paper Film Capacitor market is projected to witness growth at a CAGR of 2.6% during the forecast period, with a market size of USD XX million in 2024.
• The Portugal Paper Film Capacitor market is projected to witness growth at a CAGR of 2.3% during the forecast period, with a market size of USD XX million in 2024.
• The Greece Paper Film Capacitor market is projected to witness growth at a CAGR of 2.8% during the forecast period, with a market size of USD XX million in 2024.
• Rest of Europe's Paper Film Capacitor market is projected to witness growth at a CAGR of 1.2% during the forecast period, with a market size of USD XX million in 2024.

Asia Pacific Paper Film Capacitor Market

According to Cognitive Market Research, the global Paper Film Capacitor market size was estimated at USD XX Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031.

• According to Cognitive Market Research, the China Paper Film Capacitor market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 5.5% during the forecast period. because energy efficiency and sustainability are becoming more and more important to all industries in this nation.
• The Japan Paper Film Capacitor market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD XX million in 2024.
• The India Paper Film Capacitor market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 7.8% during the forecast period. The expenditures made in renewable energy and environmental programs in this country are driving the demand for paper film capacitor technology.
• The South Korean Paper Film Capacitor market is projected to witness growth at a CAGR of 5.1% during the forecast period, with a market size of USD XX million in 2024.
• The Australian Paper Film Capacitor market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD XX million in 2024.
• The South East Asia Paper Film Capacitor market is projected to witness growth at a CAGR of 7.0% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of Asia Pacific Paper Film Capacitor market is projected to witness growth at a CAGR of 5.8% during the forecast period, with a market size of USD XX million in 2024.

South America Paper Film Capacitor Market

According to Cognitive Market Research, the global Paper Film Capacitor market size was estimated at USD XX Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4%% from 2024 to 2031. .

• According to Cognitive Market Research, the Brazil Paper Film Capacitor market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 4.0% during the forecast period. Government initiatives supporting fast industry, urbanization, and renewable energy bolster market potential.
• Argentina's Paper Film Capacitor market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 4.3% during the forecast period driven by strategies for energy diversification and infrastructural growth.
• Colombia Paper Film Capacitor market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD XX million in 2024.
• Peru Paper Film Capacitor market is projected to witness growth at a CAGR of 3.6% during the forecast period, with a market size of USD XX million in 2024.
• Chile Paper Film Capacitor market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of Latin America's Paper Film Capacitor market is projected to witness growth at a CAGR of 2.5% during the forecast period, with a market size of USD XX million in 2024.

Middle East and Africa Paper Film Capacitor Market

According to Cognitive Market Research, the global Paper Film Capacitor market size was estimated at USD XX Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031..

• The GCC Countries Paper Film Capacitor market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD XX million in 2024 since all of this country's industries are starting to place a greater and greater emphasis on sustainability and energy efficiency.
• The Egypt Paper Film Capacitor market is projected to witness growth at a CAGR of 4.0% during the forecast period, with a market size of USD XX million in 2024.
• The South Africa Paper Film Capacitor market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD XX million in 2024 propelled by plans for expanding infrastructure and diversifying energy sources.
• The Turkey Paper Film Capacitor market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD XX million in 2024.
• The Nigeria Paper Film Capacitor market is projected to witness growth at a CAGR of 2.8% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of MEA Paper Film Capacitor market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD XX million in 2024.

Paper Film Capacitor Market Analysis

Paper Film Capacitor Market Product Segment Analysis

According to Cognitive Market Research, AC stands out as the dominant category over the projected period. Electric current that periodically changes direction and steadily changes in magnitude over time is known as alternating current (AC). When people plug electric lamps, fans, televisions, and kitchen appliances into wall outlets, they usually use alternating current. Electrical energy that is supplied to residences and commercial buildings is also known as alternating current.

DC emerges as the fastest-growing category in the Paper Film Capacitor market. One of the main factors driving demand for DC film capacitors is their use in numerous industrial applications and industrial development. There are numerous uses for direct current, such as large power sources for electronics, motors, and other devices, battery charging, and more. High-voltage direct current is used for both connecting alternating current power networks and transmitting large amounts of power from remote generating sites.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Paper Film Capacitor Industry. Request a Free Sample PDF!

Paper Film Capacitor Market Application Segment Analysis

According to Cognitive Market Research, the dominant category is power converters because energy-efficient power conversion devices are becoming more and more in demand across a variety of industries, including the automotive, renewable energy, and consumer electronics sectors. Paper film capacitor adoption in these applications is fueled by the need to provide excellent performance and dependability in power converters. The market for power converters is expected to rise as a result of the change to electric vehicles and smart grids, which will increase demand for power converters.

The fastest-growing category in the Paper Film Capacitor market is shooting sports as the emphasis on renewable energy grows on a worldwide scale. Reliable and efficient capacitors are necessary for the proper operation of solar inverters, which transform the direct current (DC) produced by solar panels into alternating current (AC) for use in electrical networks. Because of its stability, longevity, and capacity to handle high voltages, paper film capacitors are the preferred component in solar inverters. Global solar energy installations are predicted to raise demand for solar inverters and the paper film capacitors used in them, which will propel growth in this sector within the paper film capacitor market.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Paper Film Capacitor Industry Vertical Segment Analysis

Paper Film Capacitor Market Industry Vertical Segment Analysis

According to Cognitive Market Research, the dominant category is consumer and electronics attributed to the growing need for dependable and effective capacitors in a variety of electronic devices, including computers, cellphones, and televisions. Capacitors that provide steady and long-lasting performance are becoming increasingly important as consumer electronics continue to grow in complexity and performance. Furthermore, paper film capacitors—which are renowned for their efficiency and small size—are becoming more and more popular as a result of the electronics industry's tendency toward miniaturization.

The fastest-growing category in the Paper Film Capacitor market is automotive as a result of modern cars' increasing integration of electronic components. The need for capacitors that can survive extreme temperatures and challenging conditions is growing as more people drive electric and hybrid cars. Because of its long lifespan and capacity to continue operating at a high level, paper film capacitors are the recommended choice for vital systems in automobiles, including infotainment, power electronics, and lighting.

• Automotive
• Power and Utilities
• Consumer and electronics
• Telecommunication
• Others

Author's Detail

Kalyani Raje

Senior Research Analyst at Cognitive Market Research

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ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje

An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.

Author's Conclusion