Film capacitor industry investment development strategy choice

A film capacitor is a capacitor in which a metal foil is used as an electrode and a plastic film such as polyethylen, polypropylene, polystyrene, or polycarbonate is laminated from both ends and then wound into a cylindrical shape. In recent years, due to more and more extensive applications of industry products, the industry has achieved rapid development.

According to statistics released by the Industry Research Institute of Forward-looking Industry in the "2015-2020 China Film Capacitor Industry Market Preview and Investment Planning Analysis Report", according to statistics, as of 2007, China is the world's largest BOPP capacitor film manufacturing country, accounting for about the world's output. About 50%, the annual demand is about 44,000 tons. In recent years, the output of capacitive film in China has been continuously increasing. In the “Eleventh Five-Year Plan” period, the compound annual growth rate of polypropylene electronic film for domestic capacitors exceeded 15%. In 2013, the market scale of China's film capacitor industry reached 6.158 billion yuan, a year-on-year increase of 14.6%.

Moreover, with the continued strong demand in the downstream market, it will strongly stimulate the development of the film capacitor industry. Forward-looking Industry Research Institute predicts that in 2020 China's film capacitor industry will exceed 13 billion yuan. A good market development prospect has attracted many enterprises to enter, but entering the industry enterprises must make a proper strategic layout. The author believes that the following three main aspects:

1. Enter the industry time layout

At present, the overall market size of thin-film capacitors in China is small, but the industry has developed rapidly in recent years. In particular, the downstream demand market is growing faster. Taking the automotive application field of film capacitors as an example, in recent years, the annual sales of automobiles in China have been more than 20 million. As of September 2014, China’s auto ownership has reached nearly 150 million vehicles. Demand for film capacitors is high in the automotive industry. For example, the Toyota Prius second-generation product replaces the existing aluminum electrolytic capacitors with film capacitors.

In order to protect the environment, the government is currently focusing on the development of new energy vehicles. The pressure resistance and shock resistance of the film capacitors make it very suitable for use in the electrical environment of new energy vehicles. On the other hand, in the past years of development, the system and weight of film capacitors have been reduced by 3-4 times, and at the same time, the metallization separation technology has been improved, which has greatly helped the development of thin film capacitors. So now is the best time for companies to enter the film capacitor industry.

2. Enter the industry location layout

At present, China's film capacitor market is mainly concentrated in East China, followed by South China and Northeast China. In 2013, the market share of film capacitors in East China accounted for 46%; in South China, it accounted for 17%; in Northeast China, it accounted for 14%. Several well-known listed companies in the industry are concentrated in East China, such as Anhui Tongfeng Electronics, Xiamen Farah Electronics, Nantong Jianghai Capacitors, and Zhejiang Nanyang Technology.

East China has a complete film capacitor industry chain and is also the main demand market for film capacitors. In the future, this area will be the main focus of the film capacitor companies in China. In southern China, northeastern China, and central China, the current market growth potential is huge, and the demand for products is also relatively strong. Enterprises try to deploy in these regions in order to occupy a leading position in the regional market.

3. Enter the industry vision layout

Although China's film capacitor industry currently has the world's third-largest Xiamen Rafa Electronics, compared with developed countries, the overall competitiveness of China's film capacitor companies is still weak. At present, the global market share of film capacitors in the global scope, Japan's Nichicon, Germany's Wima, Italy's ICEL, the United States's CDE, etc., is the top film capacitor manufacturers, of which, WIMA's products are mainly used for high-quality audio Nichion is mainly used for electronic products, and CDE is a professional manufacturer of frequency converter film capacitors.

Others, such as Japan's NISSI, Philips of the Netherlands, and Taiwan's Kaili, Suidian, Huarong, etc., are also world-renowned film capacitor manufacturers. In terms of output, Matsushita Electric Works in Japan, EPCOS in Germany, and Kemet in the United States are the world's leading manufacturers of thin-film capacitors. Therefore, if our country's film capacitors are to become bigger and stronger, companies must have a clear vision and strive to become a leading company in the industry. Only in this way can we enhance the overall competitiveness of the film capacitor industry in China.