Global Electrolytic Capacitor Market, By Type (Non-solid Electrolytic Capacitors, Solid Electrolytic

Published Date: | Report Code : IT2058903


The Electrolytic Capacitor Market is expected to grow from USD 3.51 billion in 2019 to reach USD 4.99 billion by 2028, growing at a CAGR of 3.9% during the forecast period.

Electrolytic Capacitor Market

Electrolytic Capacitor Market

An electrolyte capacitor, also known as an aluminum electrolyte condenser, is a polarized condenser and works on electrolyte to obtain higher capacitance than other capacitors. Due to this small oxide coating, these condensers have elevated CV (capacity voltage item) and are coated with aluminum foil. There are two types of electrolyte capacitors, solid polymer, and wet electrolyte, and they are usually made of tantalum or aluminum. Supercapacitors are a sub-type electrolyte condenser that has multilayered condensers and provides potential over thousands of farads. These capacitors are efficient when huge capacitance is required, which is why they are usually used as filtering systems in countless power systems to restrict ripple voltage. In order to achieve smooth transmissions, they are also recommended. Electrolytic capacitors are essentially used in power supplies for switching mode, main circuit inverter, motherboard computer, control circuits, and many domestic appliances.

The demand for aluminum electrolyte capacitors occupies a good percentage of around 30 percent in the electrolytic capacitor market worldwide, and the percentage is expected to rise due to increased utilization of the same. In its end-user industries, the market for aluminum electrolyte capacitors is getting enormous momentum from a development perspective in Consumer electronics, Industrial sector, computers and peripherals, telecommunications, automotive, and others. The aluminum electrolyte condensers are cheap capacitors for handling diminished frequencies with elevated capacitance standards. In new infrastructure, the aluminum electrolyte condensers are used as primary components or as replacement parts for legacy electronic systems.

Consumer electronic goods requirement is fueling the expansion of the electrolytic capacitor market for aluminum electrolyte capacitors worldwide. The increasing disposable income and the elevated consumer-related expenditure propensity for electronic products are pushing consumer electronics demand, which, in fact, is expected to give an enormous boost to the electrolytic capacitor market for aluminum electrolyte capacitors. Due to small size, the aluminum electrolyte condensers have greater power density than turbo condensers, and there are no conditions for peak current limits. In addition, aluminum electrolyte condensers have a variety of portfolios, ensuring the same technical fitting with a broad spectrum of electronic products.

Electrolytic Capacitor Market

Electrolytic Capacitor Market

Asia-Pacific is experiencing multidimensional progress in aluminum electrolyte capacitor-related end-user industries. Industries like automotive, finance, energy sustainability, etc., are experiencing a massive change in public policy-level initiatives. In addition, the region's economic growth is causing the rise in disposable income, contributing to enhanced consumer electronic product acceptance. In India, the government's progressive changes, such as digital India and Make in India, are expected to boost manufacturing sector growth, which is expected to give an enormous boost to the electrolytic capacitor market for aluminum electrolyte capacitors in the upcoming years.

Key Factors Impacting the Growth of Electrolytic Capacitor Market:

  • Increased demand due to the increasing number of applications in consumer electronics.

  • Increased demand in the automotive industry especially in the electric vehicles (EV) segment.

  • Low cost of technology.

Key Developments in the Electrolytic Capacitor Market:

  • In July 2017, Cornell Dubilier Electronics, Inc. announced the development of innovative axial-lead aluminum electrolytic capacitors for high-performance applications.

  • In 2018, Panasonic Corporation commercialized the ZS Series Conductive Polymer Hybrid Aluminum Electrolytic Capacitors, which is optimal for hybrid electric vehicles (HVs) and electric vehicles (EVs) that are undergoing increasing electrification by motor drive. The company launched the series in September 2018. These new products have achieved a large current and large capacity with a diameter of 10 mm and height of 16.5 mm, which is a first for the industry. They will contribute to the miniaturization and weight reduction of automotive electronic control units (ECUs).

  • In 2017, Panasonic Corporation announced that it has commercialized an anti-vibration, surface-mounted conductive-polymer hybrid aluminum electrolytic capacitor suitable for use in power circuits for automotive electric control units (ECUs) employed in hybrid electric vehicles, electric vehicles, and gasoline-powered vehicles. The company launched the capacitor in January 2018.

What Does This Report Provide?

This report provides a detailed understanding of the global electrolytic capacitor market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the electrolytic capacitor market.

Market Segmentation:

By Type:

  • Non-solid Electrolytic Capacitors

  • Solid Electrolytic Capacitors

By Configuration:

  • Radial Leaded Capacitors

  • Vertical Chip Capacitors

  • Horizontal Chip Capacitors

  • Axial Leaded Capacitors

  • Screw Terminal

  • Snap-In/Snap-Mount Capacitors

  • Specialty Capacitors

By End User:

  • Consumer Electronics

  • Industrial

  • Computer & Peripherals

  • Telecommunications

  • Automotive

  • Others

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By Type

    • By Configuration

    • By End User

  • Western Europe

    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)

    • By Type

    • By Configuration

    • By End User

  • Eastern Europe

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Type

    • By Configuration

    • By End User

  • Asia Pacific

    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)

    • By Type

    • By Configuration

    • By End User

  • Middle East

    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)

    • By Type

    • By Configuration

    • By End User

  • Rest of the World

    • By Region (South America, Africa)

    • By Type

    • By Configuration

    • By End User

Companies Covered: Major Companies profiled in the report which are key players in the global electrolytic capacitor market are Nippon Chemi-Con, HEC, Nichicon, Jianghai, Rubycon, Aihua, Panasonic Inc., Capxon, Sam Young, Lelon, Samwha, Vishay, EPCOS, Man Yue, and KEMET.

Years Considered In The Study


Historic Year

2016, 2017

Base Year


Forecast Period


CAGR % (2019-2028)

3.9 %


Reasons to Buy This Report:

  • Market size estimation of the global electrolytic capacitor market on regional and global basis.

  • Unique research design for market size estimation and forecast.

  • Profiling of major companies operating in the electrolytic capacitor market with key developments.

  • Broad scope to cover all the possible segments helping every stakeholder in the electrolytic capacitor market.


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