San Francisco, 19 March, Plastic Dielectric Films Market Size, Share
& Trends Analysis Report By Product (PTEF, PEN, PET, PP, PPS & PVDF),
By Application (Electrical & Electronics, Automobile, Solar & Wind
Energy System), And Segment Forecasts, 2019 – 2025
The global plastic dielectric films market size is expected to reach
USD 1.39 billion by 2025 registering a CAGR of 3.6% over the forecast period,
according to a new report by Grand View Research, Inc. The market is
anticipated to be driven by growing product demand from renewable energy system
and electrical and electronics industry in the Asia Pacific (APAC). The product
is widely used as an insulating material in various electrical and electronics
applications.
Presence of major electrical
and electronics manufacturing companies, such as Toshiba, Samsung, and Sony, in
the region is also propelling the product demand. Companies from Northeast
Asian countries, such as China, India, and Japan, are pushing to grow in key
sectors pertaining to raw material extraction, manufacturing, and services. Since
the past few years, the manufacturing industry in APAC has been attracting
significant investments from leading MNCs, which is contributing to the market
growth.
These films provide low thermal
resistance, high-pressure resistance, minimal application pressure, resistance
of hazardous substance compliance (RoHS), thereby augmenting their demand in
applications, such as smartphones, tablets, smart wearables, and smart home
appliance. Polypropylene (PP) is one of the prominent product type segments. PP
dielectric films have properties, such as high breakdown strength, high
insulation resistance, low dissipation factor, and low dielectric absorption.
These properties make them
suitable for use in a wide range of applications in high voltage DC & AC
systems, snubber circuits, high current DC applications, and high-frequency AC
systems. Capacitors made of Polypropylene (PP) films are ideal for use in
multiple ranges of temperature. On account of their unique temperature
characteristics, PP capacitors are widely used as a substitute of polyester
capacitors as the capacitance of the latter diminishes with decreasing
temperature. However, PP and Polyethylene Terephthalate (PET) can also be used
together, parallelly, in a capacitor.
Access Full Research
Report On Plastic Dielectric Films Market Analysis:
Further key findings from the study suggest:
·
APAC is expected to be the
largest regional plastic dielectric films market during the forecast period
from 2019 to 2025
·
India is the fastest-growing
country in the APAC region on account of the growing automotive industry
·
The PET segment is likely to
register the highest CAGR of over the forecast years owing to rising demand for
PET in various applications
·
Companies in the market have
undertaken several strategic initiatives to increase their market share
·
For instance, in June 2018,
SABIC introduced two new gauges of UTF120 Polyetherimide (PEI) dielectric film
for high temperature, professional-grade capacitor applications
Browse More Reports Of This Category By
Grand View Research At: www.grandviewresearch.com/industry/plastics-polymers-and-resins
Grand View Research has segmented the
global plastic dielectric films market on the basis of product, application,
and region:
Plastic Dielectric Films
Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
·
Polyethylene Terephthalate
(PET)
·
Polypropylene (PP)
·
Polytetrafluoroethylene
(Teflon) (PTFE)
·
Polyethylene Naphthalate (PEN)
·
Polyphenylene Sulfide (PPS)
& Polyvinylidene Difluoride (PVDF)
Plastic Dielectric Films
Application Outlook (Volume, Kilotons; Revenue, USD Million,
2014 - 2025)
·
Electrical & Electronics
·
Solar & Wind Energy System
·
Automobiles
·
Aircrafts
·
Others
Plastic Dielectric Films Regional
Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
·
North America
o
U.S.
o
Canada
o
Mexico
·
Europe
o
Germany
o
U.K.
o
France
·
Asia Pacific
o
China
o
India
o
Japan
o
South Korea
·
Central & South America
o
Brazil
·
Middle East & Africa
o
Saudi Arabia
Browse Press
Release of this Report:
www.grandviewresearch.com/press-release/global-plastic-dielectric-films-market
www.grandviewresearch.com/press-release/global-plastic-dielectric-films-market
About Grand View
Research
Grand View
Research provides syndicated as well as customized research reports and
consulting services on 46 industries across 25 major countries worldwide. This
U.S.-based market research and consulting company is registered in California
and headquartered in San Francisco. Comprising over 425 analysts and consultants,
the company adds 1200+ market research reports to its extensive database each
year. Supported by an interactive market intelligence platform, the team at
Grand View Research guides Fortune 500 companies and prominent academic
institutes in comprehending the global and regional business environment and
carefully identifying future opportunities.
For more
information: www.grandviewresearch.com/
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