The Global Capacitor Film for New Energy Vehicle Market was valued at USD 259 Million in 2025 and is projected to reach USD 561 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 11.9% during the forecast period (2025–2034). This remarkable growth is being driven by the unprecedented global surge in electric vehicle (EV) production, the transition to higher-voltage vehicle platforms for faster charging, and the critical need for reliable, high-performance dielectric materials in power electronics.

As the automotive industry undergoes its most significant transformation in a century, the spotlight falls on the specialized material suppliers enabling the electronic heart of every EV. In this blog, we profile the Top 10 Companies in the Capacitor Film for New Energy Vehicle Industry—a strategic mix of chemical giants, specialized film manufacturers, and material innovators who are powering the future of clean transportation.

---

🔟 1. Toray Industries, Inc.

Headquarters: Tokyo, Japan
Key Offering: Ultra-thin BOPP films, PET films, PEN films for high-voltage capacitors

Toray Industries is a global leader in advanced materials and a dominant force in the capacitor film market. Leveraging its deep expertise in polymer science, the company produces ultra-thin, high-performance dielectric films that are essential for the demanding environments of EV inverters and DC-DC converters. Their products are known for exceptional thermal stability, high dielectric strength, and reliability.

Innovation Initiatives:

• Pioneering development of sub-3µm ultra-thin films for miniaturization

• Advanced R&D in high-temperature resistant materials for next-gen SiC/GaN power modules

• Strategic partnerships with major automotive Tier-1 suppliers and capacitor manufacturers

Download FREE Sample Report: Capacitor Film for New Energy Vehicle Market – View in Detailed Research Report

---

9️⃣ 2. Shin-Etsu Chemical Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: High-purity polypropylene films, metallized capacitor films

Shin-Etsu Chemical is one of the world’s largest manufacturers of polyvinyl chloride and silicones, with a significant and respected presence in the capacitor film sector. The company’s high-purity polypropylene films are renowned for their low dielectric losses and excellent electrical properties, making them a preferred choice for high-frequency and high-power applications in electric vehicles.

Innovation Initiatives:

• Investment in expanding production capacity for automotive-grade capacitor films

• Focus on developing films with superior self-healing properties for enhanced safety

---

8️⃣ 3. Bolloré Group

Headquarters: Paris, France
Key Offering: Metallized polyester (PET) and polypropylene (PP) films

Through its subsidiaries like ICP Industrial, the Bolloré Group is a major European producer of capacitor films. The company has a long history in plastic films and offers a wide range of products tailored for the automotive industry. Their films are used in capacitors for applications ranging from battery management to motor drives, benefiting from the group’s vertical integration and material science expertise.

Innovation Initiatives:

• Development of sustainable and recyclable film solutions

• Strong focus on the European EV market with localized production and supply chains

---

7️⃣ 4. Jindal Poly Films Ltd.

Headquarters: New Delhi, India
Key Offering: BOPP films, BOPET films for capacitor applications

Jindal Poly Films is one of India’s leading producers of plastic films, with a growing footprint in the specialized capacitor film segment. The company’s significant manufacturing scale allows it to compete effectively, supplying films that meet the increasing demands of the domestic and international EV markets. They are strategically positioned to serve the rapidly growing Asian EV industry.

Innovation Initiatives:

• Capacity expansion to cater to the automotive electronics sector

• Investment in R&D for higher-grade, thinner films suitable for advanced capacitors

---

6️⃣ 5. Hubei Longchen Technical Co., Ltd.

Headquarters: Hubei, China
Key Offering: Capacitor-grade BOPP film, dry and wet process films

Hubei Longchen Technical is a prominent Chinese manufacturer specializing in capacitor films. The company has established itself as a key supplier within China’s massive EV supply chain. It produces a variety of BOPP films tailored for different capacitor types, serving the needs of domestic capacitor makers who supply leading Chinese and global automakers.

Innovation Initiatives:

• Rapid scaling of production to meet domestic EV boom

• Focus on cost-competitive manufacturing while maintaining quality standards

Download FREE Sample Report: Capacitor Film for New Energy Vehicle Market – View in Detailed Research Report

---

5️⃣ 6. Anhui Tongfeng Electronics Co., Ltd.

Headquarters: Anhui, China
Key Offering: Metallized capacitor films, EV-specific dielectric films

Anhui Tongfeng is a specialized manufacturer focused on capacitor films, with a strong presence in the Chinese market. The company’s products are used in power capacitors critical for NEVs, including those in inverters and charging systems. Their growth is closely tied to the expansion of China’s EV industry, the largest in the world.

Innovation Initiatives:

• Developing films compatible with 800V and higher vehicle architectures

• Enhancing product quality to compete with international counterparts

---

4️⃣ 7. Zhejiang Great Southeast Co., Ltd.

Headquarters: Zhejiang, China
Key Offering: BOPP capacitor film, BOPET film

Zhejiang Great Southeast is a significant Chinese producer of BOPP and BOPET films, with a dedicated segment for capacitor applications. The company benefits from the concentrated EV manufacturing ecosystem in the Yangtze River Delta region, supplying films that contribute to the capacitors used in a wide range of new energy vehicles produced in China.

Innovation Initiatives:

• Leveraging scale to offer competitive pricing for volume applications

• Continuous improvement in film uniformity and dielectric properties

---

3️⃣ 8. OJI Holdings Corporation

Headquarters: Tokyo, Japan
Key Offering: Specialty paper and film products, including dielectric films

OJI Holdings, a major Japanese paper and pulp company, also has a presence in the functional films market, including materials for electronic components. The company’s material science expertise allows it to develop specialized films that meet the stringent requirements of the automotive industry for reliability and performance under harsh conditions.

Innovation Initiatives:

• Cross-disciplinary R&D applying pulp and paper technology to polymer films

• Exploring bio-based and sustainable materials for future capacitor films

---

2️⃣ 9. Quanzhou Jia De Li Electronics Material Co., Ltd.

Headquarters: Fujian, China
Key Offering: Metallized polypropylene film, capacitor winding equipment

Quanzhou Jia De Li is a specialized manufacturer focused on the downstream value chain of capacitors, including the production of metallized films. This vertical integration gives the company a deep understanding of capacitor manufacturing requirements, allowing it to produce films that are optimized for performance and processing efficiency in EV applications.

Innovation Initiatives:

• Integrated approach from film production to capacitor assembly

• Development of customized film solutions for specific automotive customers

---

1️⃣ 10. Steiner GmbH & Co. KG

Headquarters: Heinsdorfergrund, Germany
Key Offering: Precision-metallized capacitor films, technical consulting

Steiner is a German specialist in the metallization of plastic films for capacitors. While not a primary film producer, the company adds critical value by applying precise metal coatings to base films, enabling the self-healing properties essential for automotive capacitor safety and reliability. They serve as a key technology partner to capacitor manufacturers supplying the European automotive industry.

Innovation Initiatives:

• Expertise in advanced metallization patterns for high-current applications

• Strong focus on R&D for next-generation film capacitor designs

Get Full Report Here: Capacitor Film for New Energy Vehicle Market – View in Detailed Research Report

---

🔋 Outlook: The Future of Capacitor Films Is Thinner, Smarter, and More Integrated

The capacitor film market is at the forefront of the electric mobility revolution. While traditional polypropylene films remain the workhorse, the industry is racing to develop next-generation materials that can withstand higher temperatures, operate at greater power densities, and enable further miniaturization of EV power electronics.

📈 Key Trends Shaping the Market:

• Accelerated adoption of ultra-thin films (≤3µm) for compact inverter designs

• Material innovation for compatibility with 800V+ vehicle architectures and wide-bandgap semiconductors

• Increasing vertical integration between film producers and capacitor manufacturers

• Strategic sourcing and regional production to secure resilient EV supply chains

Get Full Report Here: Capacitor Film for New Energy Vehicle Market – View in Detailed Research Report

The companies listed above are not only supplying a critical component—they are enabling the electrification of global transportation.