The Global Electrical Film Market was valued at USD 22.8 Billion in 2024 and is projected to reach USD 32.1 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period (2024–2030). This robust expansion is primarily driven by the escalating demand for advanced electronics, the global push for renewable energy infrastructure, and the critical role of films in next-generation electric vehicles (EVs) and energy storage systems.

As industries worldwide pivot toward electrification, miniaturization, and sustainability, the demand for high-performance electrical films has become paramount. These materials are the unsung heroes in capacitors, insulation systems, and flexible electronics. In this blog, we profile the Top 10 Companies in the Electrical Film Industry—specialty chemical giants, material science innovators, and manufacturing leaders shaping the backbone of modern technology.

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🔟 1. SKC

Headquarters: Seoul, South Korea
Key Offering: PET Films, PI Films, High-Performance Films for Flexible PCBs

SKC is a global powerhouse in the production of polyester films, particularly Polyethylene Terephthalate (PET) films used extensively in capacitor manufacturing and flexible printed circuit boards (PCBs). The company’s advanced film solutions are critical for consumer electronics, automotive electronics, and industrial applications, known for their superior dielectric strength and thermal stability.

Innovation & Sustainability Initiatives:

• Significant investment in R&D for ultra-thin, high-temperature resistant films

• Development of eco-friendly, recyclable film products

• Expansion of production capacity to meet EV and renewable energy sector demands

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9️⃣ 2. DuPont Teijin Films

Headquarters: Wilmington, Delaware, USA (DuPont) / Tokyo, Japan (Teijin)
Key Offering: Mylar® PET Films, Teonex® PEN Films, Kaladex® PEN Films

A joint venture between DuPont and Teijin, this entity is a world leader in producing high-performance polyester films. Their Mylar® brand is iconic in the electrical insulation and capacitor markets, offering exceptional electrical properties, dimensional stability, and durability for demanding applications.

Innovation & Sustainability Initiatives:

• Pioneering the use of Polyethylene Naphthalate (PEN) films for higher temperature performance

• Focus on films for 5G infrastructure and high-frequency applications

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8️⃣ 3. TORAY Industries, Inc.

Headquarters: Tokyo, Japan
Key Offering: Luminror® PET Films, PPS Films, Polyimide Films

TORAY is a diversified chemical giant with a formidable presence in the advanced films sector. Its Luminror® PET films are widely used for insulation in motors and transformers. The company is also a key supplier of Polyphenylene Sulfide (PPS) films, which offer excellent chemical resistance and thermal stability for harsh environments.

Innovation & Sustainability Initiatives:

• Leading R&D in bio-based and sustainable film materials

• Strategic focus on films for next-generation power modules in EVs

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Global Electrical Film Market – View in Detailed Research Report

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7️⃣ 4. Victrex plc

Headquarters: Lancashire, United Kingdom
Key Offering: VICTREX® PEEK (Polyetheretherketone) Films, APTIV® Films

Victrex is the global leader in high-performance PEEK polymer solutions. Their PEEK films represent the pinnacle of performance, capable of withstanding extreme temperatures (up to 260°C continuously) while maintaining excellent dielectric properties. These films are essential for aerospace, automotive, and oil & gas electrical systems.

Innovation & Sustainability Initiatives:

• Specialization in ultra-high-performance films for mission-critical applications

• Investment in reducing the carbon footprint of PEEK production

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6️⃣ 5. Mitsubishi Chemical Group

Headquarters: Tokyo, Japan
Key Offering: PET Films, Engineering Plastics Films, Optical Films

Mitsubishi Chemical’s film division produces a wide array of materials, including high-grade PET films for capacitors and insulation. The company leverages its vast chemical expertise to develop films with tailored properties for specific electrical and electronic applications, from consumer devices to industrial equipment.

Innovation & Sustainability Initiatives:

• Development of films with improved flame retardancy and tracking resistance

• Commitment to achieving carbon neutrality across its value chain by 2050

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5️⃣ 6. Coveme S.p.A.

Headquarters: Bologna, Italy
Key Offering: Coated Films, Flexible Laminates for PCBs, Insulation Materials

Coveme specializes in the coating and treatment of plastic films, transforming standard PET, PEN, and PI films into high-value products for the electronics industry. Their coated films are crucial for flexible printed circuits, transformers, and motors, offering enhanced adhesion, thermal conductivity, and electrical insulation.

Innovation & Sustainability Initiatives:

• Expertise in custom coating solutions for niche electronic applications

• Focus on halogen-free and environmentally friendly coating technologies

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4️⃣ 7. Henkel AG & Co. KGaA

Headquarters: Düsseldorf, Germany
Key Offering: Insulation Varnishes, Potting Compounds, Thermally Conductive Films

While known for adhesives, Henkel is a major player in electrical insulation systems. Its product portfolio includes specialized films and tapes used for insulating electric motors and components. Henkel’s materials are designed to protect against electrical, thermal, and environmental stresses.

Innovation & Sustainability Initiatives:

• Advanced materials for e-mobility, including battery pack insulation

• Strong emphasis on sustainable product development and circular economy principles

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3️⃣ 8. Dongfang Insulating Material Co., Ltd.

Headquarters: Sichuan, China
Key Offering: Insulation Papers, Laminates, Composite Films

As a leading Chinese manufacturer, Dongfang Insulating Material produces a comprehensive range of electrical insulation products, including films and combined materials. The company plays a critical role in supplying the domestic Chinese market for power generation, transmission equipment, and home appliances.

Innovation & Sustainability Initiatives:

• Focus on cost-effective insulation solutions for mass-market applications

• Expansion of production capabilities to support China’s green energy goals

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Global Electrical Film Market – View in Detailed Research Report

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2️⃣ 9. Karl Schupp AG

Headquarters: Mönchaltorf, Switzerland
Key Offering: Specialized Electrical Insulation Films, Laminates, Composites

Karl Schupp is a Swiss specialist in high-quality electrical insulation materials. The company provides precision-engineered films and laminates for demanding applications in the medical, aerospace, and industrial automation sectors, where reliability and performance under stress are non-negotiable.

Innovation & Sustainability Initiatives:

• Customization and small-batch production for highly specialized industries

• Commitment to Swiss quality standards and precision manufacturing

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1️⃣ 10. Saint-Gobain Performance Plastics

Headquarters: Courbevoie, France
Key Offering: Fluoropolymer Films (PVDF, PTFE), Specialty Polymer Films

Saint-Gobain, through its Performance Plastics division, is a key supplier of high-performance fluoropolymer films like Polyvinylidene Fluoride (PVF) and Polytetrafluoroethylene (PTFE). These films offer unparalleled chemical resistance, high dielectric strength, and a wide operating temperature range, making them ideal for critical wire and cable insulation.

Innovation & Sustainability Initiatives:

• Leadership in fluoropolymer technology for extreme environment applications

• Active development of more sustainable fluoropolymer manufacturing processes

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Global Electrical Film Market – View in Detailed Research Report

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🌍 Outlook: The Future of Electrical Films is Smarter, Thinner, and Greener

The electrical film market is undergoing a profound transformation. As the enabling layer for digitalization and decarbonization, the industry is rapidly evolving toward materials that are thinner, more robust, and more environmentally sustainable.

📈 Key Trends Shaping the Market:

• Electrification of Transport: Massive demand for films in EV batteries, traction motors, and charging infrastructure is a primary growth driver.

• 5G and IoT Proliferation: The rollout of 5G networks and the Internet of Things requires advanced films for high-frequency circuits and miniaturized components.

• Sustainability Mandates: Increasing regulatory and consumer pressure is accelerating the shift toward halogen-free, recyclable, and bio-based films.

• Advanced Manufacturing: Adoption of AI and advanced analytics for precision film production and quality control is enhancing performance and reducing waste.

Get Full Report Here:
Global Electrical Film Market – View in Detailed Research Report

The companies leading this market are not just supplying materials; they are providing the foundational technology that powers a more connected and sustainable world. From the smartphone in your pocket to the electric car on the road and the wind turbine on the horizon, advanced electrical films are at the heart of the modern technological landscape.