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Global Plastic Dielectric Films Market to reach USD 1.73 billion by the end of 2029.

Global Plastic Dielectric Films Market Size study & Forecast, by Product (Polyethylene Naphthalate, Polyethylene Terephthalate, Polytetrafluoroethylene, Polypropylene, Polyphenylene Sulfide & Polyvinylidene Difluoride), by Application (Electrical & Electronics, Solar & Wind Energy Systems, Automobiles, Aircraft) and Regional Analysis, 2022-2029

Product Code: CMPP-78068525
Publish Date: 9-05-2023
Page: 200

Global Plastic Dielectric Films Market is valued at approximately USD 1.22 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.5% over the forecast period 2022-2029. Plastic dielectric films are used as insulators that can transmit a small amount of electricity at a high temperature. The dissipation factor and the dielectric constant are two crucial variables that affect the dielectric characteristics of the plastic film. This product offers higher pressure resistance, lower temperature resistance, and lower application pressure. The films have been extensively used in integrated circuits and capacitors in a range of electronic products. The surging demand for electronic goods, development of the food packaging industry, coupled with the increased shift of consumers’ preference to lightweight electric cars are the key factors that are contributing to the market growth across the globe.

The rising usage in the application of solar energy and wind energy is acting as a catalyzing factor for the market growth during the estimated period. According to the International Energy Agency, the generation of electricity from wind energy increased by about 273 TWh in 2021 (up 17%), which is a 45% increase from 2020. Additionally, it is anticipated that wind energy, which produced 1870 TWh in 2021, is likely to continue to be the non-hydro renewable technology with the biggest market share and growth of all power generation methods. Thus, these factors are leveraging the market development in the worldwide market. Moreover, higher demand in electronic sector, as well as the growing demand for low-cost and effective film capacitors are presenting various lucrative opportunities over the forecasting years. However, the flammable under overloaded conditions and fluctuations in petroleum prices are challenging the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Plastic Dielectric Films Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. The Asia Pacific dominated the market in terms of revenue, owing to the increase in government spending on PPE kits and other medical products using polymers, along with the rising use of polypropylene in binders, packaging materials, boxes, and others. Whereas, North America is expected to grow with the highest CAGR during the forecast period, owing to factors such as the high adoption of packaging in the food and beverage industry, as well as higher demand in electronic sector in the market space.

Major market players included in this report are:
Maruzen Petrochemical Co. Ltd.
Steiner GmbH & CO. KG
Jindal Films
Tervakoski Film
Ganapathy Industries
COVEME s.p.a.
Jindal Poly Films Ltd.
Bolloré Group
Mitsubishi Chemical Corp.
Toray Industries, Inc.

Recent Developments in the Market:
Ø In July 2020, KEMET- a well-known supplier of electrical components announced the introduction of three series of PP capacitor films, including C44P-R, C44U-M, and R75H. These gadgets were created with high-power software systems in sight, such as power storage, industrial, and renewable energy.

Global Plastic Dielectric Films Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Polyethylene Naphthalate
Polyethylene Terephthalate
Polytetrafluoroethylene
Polypropylene
Polyphenylene Sulfide & Polyvinylidene Difluoride

By Application:
Electrical & Electronics
Solar & Wind Energy Systems
Automobiles
Aircraft

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Plastic Dielectric Films Market, by Region, 2019-2029 (USD Billion)
1.2.2. Plastic Dielectric Films Market, by Product, 2019-2029 (USD Billion)
1.2.3. Plastic Dielectric Films Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Plastic Dielectric Films Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Plastic Dielectric Films Market Dynamics
3.1. Plastic Dielectric Films Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Rising usage in solar energy and wind energy application
3.1.1.2. Increasing shift of the consumer preference to light-weight electric cars
3.1.2. Market Challenges
3.1.2.1. Flammable under overloaded conditions
3.1.2.2. Fluctuations in petroleum prices
3.1.3. Market Opportunities
3.1.3.1. Higher demand in electronic sector
3.1.3.2. Growing demand for low-cost and effective film capacitor
Chapter 4. Global Plastic Dielectric Films Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Plastic Dielectric Films Market, by Product
6.1. Market Snapshot
6.2. Global Plastic Dielectric Films Market by Product, Performance – Potential Analysis
6.3. Global Plastic Dielectric Films Market Estimates & Forecasts by Product 2019-2029 (USD Billion)
6.4. Plastic Dielectric Films Market, Sub Segment Analysis
6.4.1. Polyethylene Naphthalate
6.4.2. Polyethylene Terephthalate
6.4.3. Polytetrafluoroethylene
6.4.4. Polypropylene
6.4.5. Polyphenylene Sulfide & Polyvinylidene Difluoride
Chapter 7. Global Plastic Dielectric Films Market, by Application
7.1. Market Snapshot
7.2. Global Plastic Dielectric Films Market by Application, Performance – Potential Analysis
7.3. Global Plastic Dielectric Films Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Plastic Dielectric Films Market, Sub Segment Analysis
7.4.1. Electrical & Electronics
7.4.2. Solar & Wind Energy Systems
7.4.3. Automobiles
7.4.4. Aircraft
Chapter 8. Global Plastic Dielectric Films Market, Regional Analysis
8.1. Plastic Dielectric Films Market, Regional Market Snapshot
8.2. North America Plastic Dielectric Films Market
8.2.1. U.S. Plastic Dielectric Films Market
8.2.1.1. Product breakdown estimates & forecasts, 2019-2029
8.2.1.2. Application breakdown estimates & forecasts, 2019-2029
8.2.2. Canada Plastic Dielectric Films Market
8.3. Europe Plastic Dielectric Films Market Snapshot
8.3.1. U.K. Plastic Dielectric Films Market
8.3.2. Germany Plastic Dielectric Films Market
8.3.3. France Plastic Dielectric Films Market
8.3.4. Spain Plastic Dielectric Films Market
8.3.5. Italy Plastic Dielectric Films Market
8.3.6. Rest of Europe Plastic Dielectric Films Market
8.4. Asia-Pacific Plastic Dielectric Films Market Snapshot
8.4.1. China Plastic Dielectric Films Market
8.4.2. India Plastic Dielectric Films Market
8.4.3. Japan Plastic Dielectric Films Market
8.4.4. Australia Plastic Dielectric Films Market
8.4.5. South Korea Plastic Dielectric Films Market
8.4.6. Rest of Asia Pacific Plastic Dielectric Films Market
8.5. Latin America Plastic Dielectric Films Market Snapshot
8.5.1. Brazil Plastic Dielectric Films Market
8.5.2. Mexico Plastic Dielectric Films Market
8.5.3. Rest of Latin America Plastic Dielectric Films Market
8.6. Rest of The World Plastic Dielectric Films Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Maruzen Petrochemical Co. Ltd.
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. Steiner GmbH & CO. KG
9.2.3. Jindal Films
9.2.4. Tervakoski Film
9.2.5. Ganapathy Industries
9.2.6. COVEME s.p.a.
9.2.7. Jindal Poly Films Ltd.
9.2.8. Bolloré Group
9.2.9. Mitsubishi Chemical Corp.
9.2.10. Toray Industries, Inc.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
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Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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