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Market growth rate may exceed 10%, MLCC manufacturers accelerate production expansion

According to the Nikkan Kogyo Shimbun, the president of Murata Manufacturing Co., Ltd. Nakajima said in an interview that at least the next three years, the overall MLCC market growth rate is expected to remain above 10%, so Murata will continue to increase production.

Nakajima Kiki pointed out that this year’s equipment investment is 160 billion yen, which is a decrease compared to recent years, mainly because the plant investment has temporarily come to an end, and the investment in production equipment this year will reach about 90 billion yen. The investment is mainly based on MLCC, but because the battery market is also showing a very tight state, it will also actively expand battery production capacity.

Facing the shortage of MLCC production capacity, Taiyo Yuden also announced on June 16 that due to the strong demand for servers, smart cars, 5G terminal equipment and base stations, MLCC continued to grow. Therefore, it is planned to build a new MLCC material factory and produce MLCC material barium titanate in the Yawatahara factory area.

The plant has an investment of 5 billion yen and will start construction in September this year and will be completed in December. MLCC production capacity is expected to increase by 10% to 15% this fiscal year.

Toyobo will also increase the production capacity of the release film necessary for the production of MLCC. It plans to invest about 10 billion yen to build a new production line (new plant) in the Utsunomiya plant, and it is expected to start production in 2024. The release film will be released by then. Annual production capacity will increase by about 70%.