Plastic Dielectric Films Market to Record CAGR of 4.1% Rise in Growth by 2019-2029

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Plastic Dielectric Films Market

• March 2019

Report Id REP-GB-7562 Published On
March-2019 Category Packaging
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Plastic Dielectric Films Market Analysis

• Recent researchPlastic Dielectric Films Market
   is expected to grow at a CAGR of 4.1 by
  2019-2029
• VALLEY COTTAGE -- 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. 

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Plastic Dielectric Films Market Analysis

• 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. 
• 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. 

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Plastic Dielectric Films Market Analysis

• 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. 
• 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. 

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Plastic Dielectric Films Market Analysis

• Press-release Source - https//www.prnewswire.com/
  news-releases/plastic-dielectric-films-market-is-e
  xpected-to-register-a-cagr-of-4-1-cagr-through-202
  9--future-market-insights-300824601.html
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  inputs, valuable growth insights and an aerial
  view of the competitive framework and future
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Plastic Dielectric Films Market Analysis

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