According to a recent study by Future Market Insights (FMI), the market for dielectric plastic films is expected to register an average CAGR of over 4% through 2029. Plastic dielectric films have sought widespread adoption in capacitors and integrated circuits of electronic devices in recent years. High pressure resistance, hazardous material compliance, and low thermal resistance are key attributes of plastic dielectric films driving their adoption in consumer electronics.

Dielectric foils made of polypropylene plastic are in great demand due 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 proven to be ideal solutions for multiple temperature ranges.

request sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-7562

The excellent properties of dielectric plastic films make them suitable for use in a wide range of applications in both AC and DC systems, as well as high current DC applications. DC Film Capacitor sales are expected to grow at a robust CAGR, supported by consumer demand for audio and video, as well as the need for innovative capacitor solutions for IoT-based devices and handheld devices.

European market poised for modest growth over the next decade

Consumers in Europe want more choices in terms of quality, price and convenience. The electronics and electrical industry in developed countries like France, Italy, Germany and UK is mature and is expected to register moderate growth during the forecast period. The European market for dielectric plastic films is expected to register a CAGR of 3.3% by 2029.

The demand for dielectric plastic film for DC film capacitor application is projected to increase in Europe, and it is projected to account for a 40% market share by 2022. The fast-growing solar market is also expected to drive the plastic dielectric film market.

industrialized countries…