Plastic Film Capacitors Market Size to Surpass USD 3.81 Billion by 2032, at 12.40% CAGR | Research by SNS Insider

Plastic Film Capacitors Market growth is driven by rising demand in EVs, renewable energy, and consumer electronics, along with benefits like high stability, reliability, and long service life.

Austin, Nov. 12, 2025 (GLOBE NEWSWIRE) — Plastic Film Capacitors Market Size & Growth Insights:

According to the SNS Insider,“The Plastic Film Capacitors Market size was valued at USD 2.52 Billion in 2024 and is projected to reach USD 3.81 Billion by 2032, growing at a CAGR of 12.40% during 2025-2032.”

The size of the U.S. plastic film capacitors market is expected to increase at a CAGR of 5.94% from 2025 to 2032, reaching USD 0.72 billion. Increased need for effective energy storage, growing use of renewable energy sources, improvements in industrial power electronics, and infrastructure for EV charging are the main drivers of this rise.

High-Voltage Efficiency and Thermal Stability Propel Market Growth Globally

The growing need for high-voltage efficiency, enhanced thermal stability, and lightweight capacitor solutions is propelling the plastic film capacitor market. Significant opportunities are being created by the growing use of electric vehicles, industrial electronics, renewable energy systems, and fast-charging infrastructure. With their increased energy density, low voltage derating at high temperatures, and lighter component weight, these capacitors support grid modernization, energy storage, and next-generation power electronics developments while adhering to strict safety and environmental standards around the world.

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Leading Market Players with their Product Listed in this Report are:

• Yageo Corporation
• Maxwell Technologies
• Vishay Intertechnology
• Murata Manufacturing
• TOKIN Corporation / NEC Tokin
• Nichicon Corporation
• NIPPON CHEMI-CON
• Rubycon Corporation
• AVX Corporation
• Panasonic Holdings Corporation
• Samsung Electro-Mechanics
• Taiyo Yuden Co., Ltd.
• TDK Corporation
• Dekiel Electronics
• KEMET Corporation
• Kyocera AVX Components Corporation
• EPCOS (part of TDK)
• FDK Corporation
• Soshin Electric Co., Ltd.
• Illinois Capacitor

Plastic Film Capacitors Market Report Scope:

Report Attributes	Details
Market Size in 2024	USD 2.52 Billion
Market Size by 2032	USD 3.81 Billion
CAGR	CAGR of 5.32% From 2025 to 2032
Report Scope & Coverage	Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segmentation	• By Capacitor Type(Polypropylene, Polyethylene and Other) • By Voltage Rating (Low Voltage (< 250V), Medium Voltage (250V–1000V)and High Voltage (> 1000V)) • By Mounting Type(Through-Hole and Surface Mount (SMD)) • By Application(Automotive, Telecommunications, Industrial, Aerospace & Defense, Consumer Electronics and Medical)

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Key Industry Segmentation

By Capacitor Type

In the Plastic Film Capacitors Market, polypropylene dominates with a 50.50% share in 2024 and continues to lead through 2032 due to its superior electrical performance, thermal stability, and wide applicability across automotive, industrial, and consumer electronics sectors. Polypropylene is the fastest-growing capacitor type, registering a CAGR of 6.08% over 2024-2032, driven by rising demand for high-performance, reliable, and energy-efficient capacitors in modern electronic systems worldwide.

By Voltage Rating

Medium voltage capacitors is the leading segment in the Plastic Film Capacitors Market, and is also the fastest growing segment driven by strong demand for reliable, high-performance solutions across industrial, automotive, and energy applications. 

By Application

The industrial sector dominates the Plastic Film Capacitors Market, fueled by demand for robust and reliable capacitors in manufacturing and power systems. Automotive segment is experiencing the fastest growth, driven by the rising adoption of electric vehicles, advanced driver-assistance systems, and high-performance electronic components, creating strong opportunities for innovative capacitor solutions.

Regional Insights:

The Asia Pacific region holding the highest Plastic Film Capacitors Market market share of 44% in 2024. Strong industrial growth, rapid adoption of electric vehicles, expanding renewable energy infrastructure, and rising electronics manufacturing contribute to this leadership.

The North American Plastic Film Capacitors Market is witnessing steady growth, with a CAGR of 6.96% during 2025–2032. Rising adoption in electric vehicles, industrial electronics, and renewable energy systems, along with investments in advanced manufacturing and high-performance capacitor technologies, is driving market expansion.

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Recent News:

• February 28, 2024, Panasonic Industry began commercial production of its ZL series high-capacitance conductive polymer hybrid aluminum electrolytic capacitors for automotive ECUs, guaranteed to operate at 135°C. These compact capacitors reduce ECU size, improve heat resistance, and enhance reliability, supporting vehicle electrification, advanced driver-assistance systems, and environmental efficiency.
• In March 2024, TDK Corporation introduced EPCOS DC link power capacitors with +105 °C operation, high current tolerance, and 120,000 h service life. Designed for renewable energy, industrial drives, and rolling stock, these metalized polypropylene film capacitors offer reliability, low dissipation, and overvoltage resistance in demanding applications.

Exclusive Sections of the Plastic Film Capacitors Market Report (The USPs):

• PRODUCT EFFICIENCY & PERFORMANCE STATISTICS – helps you understand the key operational metrics that define the reliability and competitiveness of plastic film capacitors. This section covers dielectric strength (kV/mm) across different film types, high-temperature failure rates (%), and comparative energy density (Wh/kg) versus alternative capacitor technologies, offering critical insight into performance benchmarks.
• ADOPTION & APPLICATION TRENDS – helps you identify usage patterns across major end-use sectors such as automotive, consumer electronics, and industrial equipment. It highlights the growing adoption of plastic film capacitors in renewable energy systems and quantifies the average number of capacitors used per EV or hybrid vehicle—revealing demand hotspots and technological shifts shaping the market.
• SUPPLY CHAIN & MANUFACTURING STATISTICS – helps you analyze the global production landscape, emphasizing regional concentration of manufacturing in Asia-Pacific, Europe, and North America. It includes production yield averages (%) and import-export ratios of key raw materials like polypropylene and polyester films, providing insights into material dependency and manufacturing efficiency.
• COST & RELIABILITY METRICS – helps you evaluate cost structures and long-term reliability of capacitors across various capacitance categories. This section examines average cost per unit, service life expectancy under standard and extreme conditions, and annual replacement rates (%) in critical industrial applications—helping stakeholders assess lifecycle value and performance sustainability.
• COMPETITIVE LANDSCAPE & TECHNOLOGY INNOVATION – helps you gauge the strength of leading manufacturers through an analysis of product portfolios, regional presence, and recent advancements in metallized film technology. It also highlights R&D initiatives focused on enhancing miniaturization, heat resistance, and energy efficiency to maintain market competitiveness.

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