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MLCC Release Film Market Report Overview
The global MLCC release film market size was USD 2.88 billion in 2022 & the market is projected to touch USD 6221.62 million by 2031, exhibiting a CAGR of 6.8% during the forecast period.
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.
An adhesive material called MLCC release film is used for extracting items from containers. It features a paper backing on one side and an adhesive on the other. After adhering the item to the adhesive, the user must apply pressure in order for the item to be removed from the container. MLCCs are chip-type capacitors with metal electrodes and multi-layered ceramic dielectrics. They are used by every electrical item, including cars, appliances, and telecommunications gear. The MLCC market ought to grow by at least 10% every year. The adoption of electrified vehicles and the development of unit installation from 5G and 6G telecommunications advancements would be major drivers.
COVID-19 Impact: Imposed Restrictions in the Economy Resulted in Decline in the Market
The COVID-19 problem has had an impact on the global economy, causing a strict lockdown and a halt to day-to-day activities in every industry. With the limits imposed by the government, the panic scenario has had a negative influence on the industries. This has resulted in a market drop as well; there was a direct and indirect impact from numerous sectors producing MLCC release films. With the revival of the market following COVID-19, we are seeing a recovery of the market where the blanks are restructured with product innovation and investments into R&D activities to develop advanced technologies to meet advanced requirements, which will project a proposed increase in the MLCC release film market share in the forecasted period.
LATEST TRENDS
"The Excellent Stripping Property and Smoothness to Grow Market Potentially"
The invention includes an MLCC release film base film, a functional master batch of it, and a method for making it, with the functional master batch on the surface layer of the MLCC release film base film containing 90-99.5% PET, 0.1-0.4% nano graphite, and 0.1-9.9% inorganic filler. The MLCC release film base film has a smoother surface and less surface roughness. The repelling effect of the coating and the inorganic filler is obviously reduced after the surface is coated with the organic silicon coating, and the base film applied with the organic silicon coating has excellent stripping property and smoothness and can well meet the requirements of an MLCC (multilayer ceramic chip) processing technology.
MLCC Release Film Market Segmentation
- By Type
Based on type the market is classified as single-sided release film, double-sided release film and others.
The part double-sided release film is the leading of all other types.
- By Application
Based on application the market is classified as automotive, consumer electronics, communication, industrial and others.
The part consumer electronics is the leading type of the application segment.
DRIVING FACTORS
"The Increasing Demand for Semiconductors to Boost the Market Growth"
As semiconductor demand grows, so does the MLCC industry," he says, adding, "MLCCs are rising at more than 7-8% each year, thus our release films are also providing stable sales." A MLCC is a component in an electronic circuit that regulates the steady flow of electricity. When making MLCCs, a specially prepared film known as a 'release film' is attached and removed. It is a critical component that accounts for more than 10% of MLCC manufacturing costs. It accounts for 40% of overall sales at Cosmo AM&T.
"Extended Applications in Battery Materials to Multiply the Production and Market Growth"
As a global leader in the MLCC release film market, where the market development potential is as promising as the battery material business, the market players are tending to concentrate on MLCC release films for the electronics industry and industrial application. They are also increasing their competitiveness in this market. Functional films and cathode active materials for secondary batteries are the two main segments of the MLCC release film market. The "two carriages" of the makers' battery material industry and MLCC release film are what propel performance.
RESTRAINING FACTORS
"Several Challenges Associated with the Handling to Restrain the Market Growth"
Entry barriers to release films are very high. The handling of the film is equally delicate and challenging as that of semiconductors. The profitability is on line with the market for battery cathode materials. It is challenging to secure the fundamental technology because there are so few businesses who generate release films. Therefore, it's handling is restraining the MLCC release film market growth.
MLCC Release Film Market Regional Insights
"Asia Pacific Region to Dominate the Market with Extensive Production and Multiplying Manufacturers and its Applications"
Asia Pacific region is predicted to be dominant in the MLCC release film market share and will maintain the dominance over the forecasted period. Japan is the world's top producer of new releases, according to IMDB. Entry barriers to release films are very high. The handling of the film is equally delicate and challenging as that of semiconductors. The profitability is on line with the market for battery cathode materials. The top prominent manufacturers to contribute a huge share in the market growth.
KEY INDUSTRY PLAYERS
"Financial Players to Contribute Towards Expansion of Market"
The market is extremely competitive and consists of various global and regional players. Major players are involved in strategizing various plans such as mergers and acquisitions, partnerships, introduction of new and enhanced products, along with joint ventures. The report is an extensive research of a list of market players who contribute towards the expansion of the market. The information is a collusion of latest technological developments, trends, production lines mergers and acquisitions, market study and others. Other factors such as regional wise analysis and segment wise analysis are also considered to understand the market share, product growth, revenue growth and others during the forecasted period.
LIST OF TOP MLCC RELEASE FILM COMPANIES
- Toyobo (Japan)
- Mitsui Chemicals (Japan)
- LINTEC (Japan)
- SKC (South Korea)
- Toray Industries (Japan)
- Mitsubishi Chemical Corporation (Japan)
- Nan Ya Plastics Corp. (NPC) (China)
- Zhejiang Jiemei Electronic Technology (China)
- Jiangsu Shuangxing Color Plastic New Materials (China).
REPORT COVERAGE
The SWOT analysis and information on future developments are covered in the study.The research report includes a study of a number of factors that promote market growth. This section also covers the range of numerous market categories and applications that could potentially affect the market in the future. The specifics are based on current trends and historical turning points.The state of the market's components and its potential growth areas over the following years. The paper discusses market segmentation information, including subjective and quantitative research, as well as the impact of financial and strategy opinions. Additionally, the research disseminates data on national and regional assessments that take into account the dominant forces of supply and demand that are influencing market growth. The competitive environment, including market shares of significant competitors, is detailed in the report along with fresh research methodology and player strategies for the anticipated time.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 2876.6 Million in 2022 |
Market Size Value By |
US$ 6221.62 Million by 2031 |
Growth Rate |
CAGR of 6% from 2022 to 2031 |
Forecast Period |
2023-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered | |
By Type
|
|
By Application
|
Frequently Asked Questions
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1. What value is the market expected to touch by 2031?
- The global MLCC release film market is expected to reach USD 6221.62 million by 2031.
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2. What CAGR is the market expected to exhibit by 2031?
- The market is expected to exhibit a CAGR of 6.8% by 2031.
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3. Which are the driving factors of the market?
- The increasing demand for semiconductors and the extended applications in the battery materials are the driving factors of the market.
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4. Which are the key players functioning in the market?
- Toyobo, Mitsui Chemicals, LINTEC, SKC, Toray Industries, Mitsubishi Chemical Corporation, Nan Ya Plastics Corp. (NPC), Zhejiang Jiemei Electronic Technology, Jiangsu Shuangxing Color Plastic New Materials and others.