The plastic film capacitor market represents approximately half of the market value for all industrial-grade capacitors. It is further divided into AC plastic film capacitors for electrical systems and DC film capacitors for electronic systems. The market value for plastic film capacitors is determined by its dielectric. The passage discusses the plastic film capacitor market in more detail.
Supercapacitors are an approximate $400 million world market that sits on the cusp of the $95 billion global battery market and the $17 billion global capacitor market.
Power capacitors are electronic components that make up about 20 percent of the global capacitor market for 2020. They include multiple products and dielectrics, with plastic film, ceramic, and aluminum being the key technologies used in electrical power circuits for filtering and pulse discharge circuits.
Paumanok includes power capacitors in its product definition, which encompasses a wide range of applications such as white goods, lasers, railguns, traction, furnaces, broadcast transmitters, radar, welding, and external defibrillators that have industrial-grade capacitor requirements.
Companies such as General Electric, Cooper Power Systems, and ABB sell polypropylene capacitors, as they are major vendors of power transmission and distribution equipment and have captive access to their own polypropylene capacitor lines in-house.
Capacitors are primarily used in the industrial segment for power transmission and distribution, motors and drives, renewable energy, lighting, and power supplies. They are also used in various capacitor specific markets in power electronics for power smoothing, power factor correction, and circuit protection.