Plastic-dielectric-films- Market : Industry Trends and Developments 2019-2029

Posted by Shirish Wadaskar on July 16th, 2019

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

The demand for plastic dielectric films for DC film capacitor applications is expected to increase in Europe, and these are expected to account for a market share of 40% in the year 2019. The rapidly growing solar market is also expected to fuel the plastic dielectric films market. Developed countries such as Spain and Italy, have been putting in commercial wind power generation, to have more than 1 GW energy generation on an average. This will continue to create strong opportunities for growth of the plastic dielectric films market. 

Ask a question to Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-7562

Asia’s Manufacturing Industry to Offer Highly Attractive Opportunities

Manufacturing industry in Asia has been attracting significant investments from leading MNCs which contributes to the plastic dielectric films market growth. Companies from countries such as India, China, and Japan, are growing in the key sectors pertaining to manufacturing, raw material extraction, and services. The China plastic dielectric films market is expected to witness the highest growth during the forecast period, owing to the rising demand for consumer electronics as a result of improving living standards in the Asia region. 

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Shirish Wadaskar

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Shirish Wadaskar
Joined: December 22nd, 2016
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