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 (2024–2034). This robust growth is being driven by the explosive expansion of the global electric vehicle (EV) industry, the transition to higher-voltage vehicle architectures, and the critical need for reliable, high-performance dielectric materials in power electronics.

As the automotive industry accelerates its shift toward electrification, the demand for advanced capacitor films is surging. These ultra-thin polymer films are essential components in the film capacitors used within battery management systems (BMS), DC-DC converters, and inverters—the core systems that define an electric vehicle’s performance and efficiency. In this blog, we profile the Top 10 Companies in the Capacitor Film for New Energy Vehicle Industry—a mix of global chemical giants, specialized material scientists, and regional powerhouses shaping the future of electric mobility.

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🔟 1. Toray Industries, Inc.

Headquarters: Tokyo, Japan
Key Offering: BOPP Films, PET Films, PEN Films, Ultra-Thin Dielectric Films

Toray Industries is a global leader in advanced materials and a dominant force in the capacitor film market. The company leverages its expertise in polymer science to produce high-performance biaxially oriented polypropylene (BOPP) and polyethylene terephthalate (PET) films that are renowned for their exceptional dielectric strength, thermal stability, and uniformity. These films are critical for manufacturing capacitors that meet the stringent reliability standards of automotive OEMs.

Innovation Initiatives:

• Pioneering development of ultra-thin films (≤3µm) for space-constrained EV power modules

• Investment in next-generation materials like PEN and PI for higher temperature resistance

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

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

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9️⃣ 2. Shin-Etsu Chemical Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: High-Purity Polypropylene Films, Metallized Films, Specialty Polymers

Shin-Etsu Chemical is another Japanese chemical giant with a significant presence in the electronic materials sector. The company produces high-purity capacitor films that are essential for the demanding applications within New Energy Vehicles. Their films are known for low dielectric losses and high insulation resistance, which are crucial for the efficiency and longevity of power electronic systems.

Innovation Initiatives:

• Focus on manufacturing consistency and purity for automotive-grade reliability

• Development of films compatible with high-frequency switching in SiC and GaN-based inverters

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8️⃣ 3. Bolloré Group

Headquarters: Paris, France
Key Offering: Metallized Polypropylene Films, Customized Film Solutions

Through its subsidiaries, the Bolloré Group is a key player in Europe’s capacitor film market. The company specializes in producing high-quality metallized films that enable the self-healing properties critical for safety in automotive capacitors. Their expertise is particularly valuable for applications in inverters and onboard chargers where failure is not an option.

Innovation Initiatives:

• Expertise in vacuum metallization technology for precise electrode application

• Supplying films for high-voltage capacitor applications in the European EV market

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7️⃣ 4. Jindal Poly Films Limited

Headquarters: New Delhi, India
Key Offering: BOPP Films, BOPET Films, Capacitor Grade Films

Jindal Poly Films is one of India’s largest producers of polyester and polypropylene films. The company has a growing segment dedicated to capacitor films, catering to the burgeoning EV market in Asia and beyond. Their strategic location and manufacturing scale position them as a cost-competitive supplier in the global market.

Innovation Initiatives:

• Expanding production capacity for specialized electronic-grade films

• Focus on meeting the technical specifications required by domestic and international EV manufacturers

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6️⃣ 5. Hubei Longchen Technical Co., Ltd.

Headquarters: Hubei, China
Key Offering: Ultra-Thin PP Films, High-Temperature Capacitor Films

Hubei Longchen Technical is a leading Chinese manufacturer specializing in capacitor films, with a strong focus on the New Energy Vehicle sector. The company has made significant strides in producing ultra-thin polypropylene films that are essential for the miniaturization of power electronics in modern EVs.

Innovation Initiatives:

• Rapid scaling of production for films in the 2-4µm thickness range

• Active participation in the Chinese EV supply chain, collaborating with local battery and inverter makers

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

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5️⃣ 6. Anhui Tongfeng Electronics Co., Ltd.

Headquarters: Anhui, China
Key Offering: Capacitor-Grade BOPP Film, Metallized Film

Anhui Tongfeng is a specialized producer of capacitor films with a strong market presence in China. The company’s products are used in various electronic applications, with a growing emphasis on the quality and reliability standards demanded by the automotive industry for New Energy Vehicles.

Innovation Initiatives:

• Investment in advanced film stretching and metallization lines

• Focus on achieving the high breakdown voltage and thermal endurance required for EV power modules

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4️⃣ 7. Zhejiang Great Southeast Co., Ltd.

Headquarters: Zhejiang, China
Key Offering: BOPP Film, BOPET Film, Functional Films

Zhejiang Great Southeast is a major Chinese film producer with a diversified portfolio that includes capacitor films. The company benefits from the rapid growth of China’s EV industry and supplies films to capacitor manufacturers serving automotive clients.

Innovation Initiatives:

• Leveraging large-scale BOPP production capabilities for the electronics market

• Adapting film properties to meet the evolving needs of high-frequency power conversion

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3️⃣ 8. Oji Holdings Corporation

Headquarters: Tokyo, Japan
Key Offering: Specialty Paper and Films, Electronic Material Films

Oji Holdings, a global paper and forest products company, also has a division dedicated to functional films, including materials for capacitors. Their expertise in material science allows them to develop films with specific dielectric properties suitable for the challenging environment of an electric vehicle.

Innovation Initiatives:

• Cross-disciplinary R&D combining paper and polymer expertise for novel material solutions

• Supplying the Japanese automotive electronics sector with high-reliability materials

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

Headquarters: Fujian, China
Key Offering: Metallized Capacitor Film, Evaporated Metalized Film

Quanzhou Jia De Li is a specialized manufacturer focused on metallized films for capacitors. The company’s core competency lies in the precise deposition of metal layers onto polymer films, a critical process for creating the self-healing capacitors that are essential for automotive safety standards.

Innovation Initiatives:

• Specialization in high-quality metallization for improved capacitor performance and reliability

• Cost-effective manufacturing serving a broad base of capacitor producers

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1️⃣ 10. Steiner GmbH & Co. KG

Headquarters: Herborn, Germany
Key Offering: Precision Capacitor Films, Customized Dielectric Solutions

Steiner is a European specialist in the production of high-performance capacitor films. With a strong focus on quality and technical customer support, the company serves the demanding European automotive market, providing films that meet the rigorous standards of German and other European OEMs.

Innovation Initiatives:

• Development of application-specific film solutions in close collaboration with customers

• Focus on niche, high-performance segments within the EV capacitor market

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

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🔌 Outlook: The Future of Capacitor Films is Thinner, Smarter, and More Integrated

The capacitor film market is at the heart of the electric vehicle revolution. As EV technology advances, the requirements for these critical materials are becoming ever more demanding. The future will be defined by films that are not only thinner and more reliable but also smarter, with properties tailored to specific functions within the vehicle’s electrical system.

📈 Key Trends Shaping the Market:

• The relentless drive towards ultra-thin films (≤3µm) to enable compact, high-power-density inverters and converters.

• Accelerated development of high-temperature film materials (PEN, PI, PPS) to withstand the thermal demands of 800V and SiC/GaN-based systems.

• Increasing vertical integration, with film manufacturers engaging deeper in the capacitor and power module value chain.

• Growing emphasis on sustainability, including the exploration of bio-based and recyclable polymer sources for capacitor films.

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

The companies listed above are not just supplying a component; they are enabling the electrification of transport by providing the foundational materials that make efficient, reliable, and powerful electric vehicles possible.