Plastic dielectric films are mainly used in capacitors, where the capacitor usually consists of two oppositely charged metal plates separated by an insulating material such as the plastic film which acts as a dielectric. Capacitors are mainly used in manufacturing electronic circuits. On a small scale, plastic dielectric films are used for power electronic converters and inverters. The major types of plastic dielectric films include polypropylene (PP), polyethylene terephthalate (PET), polyphenylene sulfide (PPS), polyethylene naphthalate (PEN), polytetrafluoroethylene (Teflon) (PTFE) and polyvinylidene difluoride (PVDF) among others. Capacitors are used largely in the electronic and digital industry which affects the demand for plastic dielectric films.
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The key driver for the plastic dielectric market is the increasing demand for high-tech electronic goods such as touchscreen cell phones, music pods, tabs and computers. Plastic dielectric films have many advantages in digital and electronic industries such as their compact size, light weight, high emissivity, low absorption and refractory operating temperatures among others. Owing to these qualities, dielectrics are becoming popular in the fields of digital electronics for sensory applications, flat-display panels which include televisions and computers. More manufacturers are shifting to using circuits and capacitors containing plastic dielectric films.
Raw materials used for plastic dielectric films are derived from heavy petroleum. Fluctuation in the price of petroleum affects the price of the polymers used for dielectric films. This is a key restraint to the plastic dielectric market as the cost of raw material plays a big role in the determination of market price. Moreover, the availability of raw materials can also hamper the market growth for this product. Environmental
regulations also play an important role, as more consumers are realizing the benefits of eco-friendly materials.
Presently, the supply-demand inconsistency in electricity is a concern all across the world. There is a continuous rising demand for electricity due to population growth and increasing industrialization. Electricity suppliers are looking for more ways of increasing their electricity output production in a cost-effective way. Plastic dielectric films can be used in renewable energy systems such as wind energy, solar energy, tidal energy, and geothermal energy for power production.
Some of the leading manufacturers of plastic dielectric films are Toray Industries, Treofan Germany GmbH & Co., SMEC Limited, Steiner Electric Company, Mitsubishi Chemicals, Bolloré Group, and Shanghai Xishu Electronic Material Company Ltd.
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a technological growth map over time to understand the industry growth rate
- It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments
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