1 Global Multi Layer Ceramic Capacitor (MLCC) Market Value and CAGR 2024-2033
In 2024, the global multi layer ceramic capacitor (MLCC) market was approximately 13,574.71 million USD. This marks the beginning of a significant growth period, with the market expected to expand at a CAGR of 9.9% from 2024 to 2033. By the end of this period, in 2033, the market value is projected to reach a substantial 28,433.07 million USD. This growth underscores the increasing importance and demand for MLCCs in various sectors, reflecting their critical role in the electronics industry. This effectively communicates the market’s potential for expansion and the positive outlook for stakeholders involved in the MLCC sector.
Figure Global Multi Layer Ceramic Capacitor (MLCC) Value and CAGR 2024-2033
2 Multi Layer Ceramic Capacitor (MLCC) Raw Materials Analysis
The upstream raw materials of MLCC industry are ceramic powders and electrode materials, among which ceramic powders include high-purity barium sodium titanate based powders and MLCC formula powders, which belong to the cross section of nanomaterials, rare earth functional materials and information functional materials; Electrode materials include nickel, silver, palladium, copper, silver and other non-ferrous metals.
Table Raw Materials Key Suppliers
Raw Materials | Suppliers | Contact |
Ceramic Powder | Vibrantz | Web: vibrantz.com Add: 16945 Northchase Drive, Suite 2000 Houston, Texas 77060 |
KCM Corporation | Tel: +81-52-661-3182 Add: 2-41, Tsukisan-cho, Minato-ku, Nagoya, AICHI, 455-8668 JAPAN | |
Shandong Sinocera Functional Materials Co., Ltd. | Web: www.sinocera.cn Tel: 0546-8073788 Add: 24 Liaohe Road, Dongying Economic and Technological Development Zone, Shandong Province, China | |
Electrode Material | Alloys International, Inc. | Web: www.alloysintl.com Tel: (631) 342-0043 Add: 150 Remington Blvd, Ronkonkoma, NY 11779 |
Anglo American Plc | Phone: 44-20-7968-8888 Add: 20 Carlton House Terrace London, SW1Y 5AN United Kingdom | |
ALL METAL SALES, INC. | Tel: 888-333-0101 Add: 29260 Clemens Road, Westlake, OH 44145 |
3 Multi Layer Ceramic Capacitor (MLCC) Industry Trends
Multi-layer ceramic capacitor (MLCC) adopts multi-layer stacking process, and its capacitance is proportional to the relative area of the electrode and the number of stacked layers. With the continuous progress of stacking technology, the number of layers is increasing, the capacitance is also increasing, and the electrical performance is also improving. At the same time, the emergence of large-capacity MLCC products will continue to replace other types of capacitor products, profit aluminum electrolytic capacitors, chip tantalum capacitors, etc., is expected to occupy more market share in the capacitor market in the future. In addition, under the influence of the trend of miniaturization, miniaturization and thinness of electronic devices, MLCC products tend to develop in the direction of small size. At present, small-size MLCC is widely used in smart phones, chip packages, wearable products and highly integrated modules, and its size is developing toward 008004. And the particle size of ceramic powder has entered the sub-micron or even nanometer level. In addition, with the expansion of downstream applications, such as the application of automobile electrification, the application of 5G base stations, etc., the performance, high frequency, reliability and other aspects of the product are required to improve. Therefore, with the upgrading of the automotive industry, the demand for vehicle scale MLCC is increasing. Moreover, with the development of communication technology, especially the popularity of 5G (5G base stations’ demand for MLCC products mainly comes from baseband processing units (BBUS) and active antenna processing units (AAU), requiring products such as high capacitance, high Q and high frequency. According to data provided by VENKEL, the number of MLCCS for 4G base stations is 3,750, while the number of 5G base stations increases significantly to 15,000.) The demand for matching electrical components has increased. Therefore, with the progress of downstream demand and the development of production technology, the products of this industry will tend to miniaturization, high capacity, high capacity, high performance and other trends.
4 Global Multi Layer Ceramic Capacitor (MLCC) Market Analysis by Type
The global multi layer ceramic capacitor market is segmented into low, mid, and high ranges. In 2024, the production is set at 4,103.3 billion units for the low range, 486.6 billion units for the mid range, and 151.8 billion units for the high range, summing up to a total production of 4,741.6 billion units. Moving into 2025, there is an anticipated increase across all categories: the low range is expected to reach 4,500.7 billion units, the mid range 533.1 billion units, and the high range 171.5 billion units, leading to a total production volume of 5,205.3 billion units. This data indicates a robust growth in MLCC production, with the low range category being the most significant contributor to the overall production volume, and suggests a positive outlook for the MLCC market in the coming years.
Table Global Multi Layer Ceramic Capacitor (MLCC) Production (B Units) by Type: 2024 VS 2025
| 2024 | 2025 |
Low Range | 4103.3 | 4500.7 |
Mid Range | 486.6 | 533.1 |
High Range | 151.8 | 171.5 |
Total | 4741.6 | 5205.3 |
In 2024, the low range MLCCs command the largest share of the market at 86.54%, followed by the mid range at 10.26%, and the high range at 3.20%. Moving to 2025, there is a slight decrease in the market share for the low range to 86.47%, a minor decrease for the mid range to 10.24%, and a slight increase for the high range to 3.29%. This chart effectively highlights the dominance of low range MLCCs in the market, with mid and high ranges holding smaller, yet significant portions. The slight fluctuations in market shares between 2024 and 2025 suggest a stable market with minor adjustments, indicating a mature and balanced distribution of MLCC production types.
Figure Global Multi Layer Ceramic Capacitor (MLCC) Production Market Share by Type: 2024 VS 2025
5 Global Multi Layer Ceramic Capacitor (MLCC) Market Analysis by Application
In 2024, the electronics sector leads with a market value of 8,555.95 million USD in multi layer ceramic capacitor (MLCC) market, followed by the automotive sector at 2,369.80 million USD. The industrial sector holds a value of 1,333.86 million USD, while the telecommunications sector is at 1,052.51 million USD.
Looking ahead to 2025, each sector is expected to experience growth. The electronics sector is projected to increase to 9,143.38 million USD, maintaining its leading position. The automotive sector also shows significant growth, rising to 2,682.40 million USD. The industrial sector is expected to reach 1,466.76 million USD, and the telecommunications sector is forecasted to grow to 1,163.72 million USD. The ‘Others’ category is anticipated to increase to 281.95 million USD. The total market value for 2025 is estimated to be 14,738.21 million USD.
This highlights the robust growth potential of the MLCC market, with all sectors contributing to the overall expansion. The electronics sector, in particular, stands out as the largest consumer of MLCCs, reflecting the increasing demand for advanced electronic components in various devices and systems. The automotive and telecommunications sectors also show notable growth, indicating the rising importance of MLCCs in these industries. The overall increase in market value from 2024 to 2025 underscores the essential role of MLCCs in modern technology and the positive outlook for the industry’s future.
Table Global Multi Layer Ceramic Capacitor (MLCC) Market Value (M USD) by Application 2024 VS 2025
| 2024 | 2025 |
Electronics | 8555.95 | 9143.38 |
Automotive | 2369.80 | 2682.40 |
Industrial | 1333.86 | 1466.76 |
Telecommunication | 1052.51 | 1163.72 |
Others | 262.59 | 281.95 |
Total | 13574.71 | 14738.21 |
6 Region-Wise Analysis for Multi Layer Ceramic Capacitor (MLCC) Market
In 2024, the Asia Pacific region leads with a market value of 9,375.79 million USD, followed by Europe at 2,338.01 million USD. North America holds a value of 1,539.42 million USD, while the Middle East and Africa, and Latin America have lower values at 174.15 million USD and 147.33 million USD, respectively.
For 2025, all regions are expected to see an increase in market value. North America is projected to reach 1,668.45 million USD, Europe to 2,519.43 million USD, and the Asia Pacific to a significant 10,195.20 million USD. Latin America and the Middle East and Africa also show growth, with values of 163.77 million USD and 191.36 million USD.
Table Global Multi Layer Ceramic Capacitor (MLCC) Value by Region: 2024 VS 2025
| 2024 | 2025 |
North America | 1539.42 | 1668.45 |
Europe | 2338.01 | 2519.43 |
Asia Pacific | 9375.79 | 10195.20 |
Latin America | 147.33 | 163.77 |
Middle East and Africa | 174.15 | 191.36 |
Total | 13574.71 | 14738.21 |
7 Top 3 Players Analysis in Global Multi Layer Ceramic Capacitor (MLCC) Market in 2024
Murata dominates the market with a significant share of 39.36%, indicating its strong leadership position in the MLCC industry. This substantial market share reflects Murata’s extensive influence and the high demand for its MLCC products. And Samsung Electro-Mechanics holds the second position with a market share of 15.57%. While not as dominant as Murata, Samsung’s share still represents a considerable presence in the market, highlighting its competitive edge and the importance of its contributions to the MLCC sector.
Taiyo Yuden, with a market share of 9.98%, occupies the third spot. Although it has a smaller share compared to the top two, Taiyo Yuden’s position is still significant, showcasing its role as a key player in the MLCC market.
Figure Global Multi Layer Ceramic Capacitor (MLCC) Market Top 3 Players Share by Value in 2024
