Lucintel's latest market report analyzed that paper and plastic film capacitor provides attractive opportunities in power converter, uninterruptible power supply (UPS), solar inverter, and motor drive applications. The paper and plastic film capacitor market is expected to reach $1.8 billion by 2028 with a CAGR of 5.4%. In this market, plastic is the largest segment by product type, whereas uninterruptible power supply (UPS) is largest by application.
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Based on product type, the paper and plastic film capacitor market is segmented into paper and plastics. The plastics segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, because it has better electrical properties than paper, including higher dielectric strength and lower dielectric losses.
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The Paper and Plastic Film Capacitor Market is marked by the presence of several big and small players. Some of the prominent players offering paper and plastic film capacitor include Yageo, Maxwell Technologies, Murata Manufacturing, Tokin Corporation, and Nichicon.
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