Global Hydrocarbon Laminate Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Hydrocarbon Laminate Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Hydrocarbon Laminate market finds that the global Hydrocarbon Laminate market reached a value of USD 296.77 million in 2022. It’s expected that the market will achieve USD 490.0 million by 2028, exhibiting a CAGR of 8.72% during the forecast period.

Influence of COVID-19 Outbreak on Hydrocarbon Laminate Industry Development

Since the outbreak of the COVID-19 virus in December 2019, the disease has spread to nearly 100 countries around the world, and the World Health Organization has declared it an emergency public health event. The COVID-19 epidemic is infected with a large number of people, and its spread and scope far exceed SARS. At present, the number of confirmed cases in Worldwide has exceeded 10 million. Different industries are affected differently by the epidemic situation. The impact on Hydrocarbon Laminate is mainly reflected in the supply of raw materials and Downstream market demand. The main raw materials of Hydrocarbon Laminate are Resin，glass fiber, etc. Overall, affected by the COVID-19 epidemic, logistics will be suspended and the supply of raw materials for Hydrocarbon Laminate will be tight. Due to the global threat of COVID-19, the resumption of work in the world's plants will directly affect the customer's production plan for goods and shipments. The continuous outbreak of the international epidemic situation, if the personnel control of each country is extended, it will affect the smooth supply of equipment and materials.

For the downstream industry, during the COVID-19 epidemic, in order to firmly prevent the spread of epidemics, governments have promulgated measures to extend vacations, delay business recovery, flow control, and traffic control measures, and postpone recovery activities. COVID-19 has a huge impact on the operation of the industry, of which the impact on SMEs is more obvious. The company's inability to conduct normal operations and sales has exacerbated the shortage of funds for SMEs and reduced the company's solvency. Some small and medium-sized enterprises are in trouble or even bankrupt. The bankruptcy of small and medium-sized enterprises in the downstream application market due to the broken capital chain has affected the demand for Hydrocarbon Laminate to a certain extent.

Strength

Hydrocarbon Laminate is widely used in the communication industry, electronics industry, defense and military, industrial control, automotive electronics, and other application fields. With the development of economy and technology, the improvement of living standards, more innovations in technology and products, and the improvement of raw material performance, with the arrival of more highfrequency, high-speed, and high-performance products, the future hydrocarbon Laminate growth rate will be Faster.

Secondly, for some developed markets, they have proprietary patented technology, leading scientific experts, high-quality management team, good purchasing power, high product standards, sufficient investment by the government and enterprises, continuous innovation, product upgrades, and fierce competition, Many international companies, all of which have led to the growing market demand for the Hydrocarbon Laminate industry.

Region Overview:

From 2023-2028, Asia Pacific is estimated to witness robust growth prospects.

Company Overview:

Rogers is one of the major players operating in the Hydrocarbon Laminate market, holding a share of 26.09% in 2020.

Rogers Corporation is an American specialty materials company with headquarters originally located in Rogers, Connecticut. Recently, the company moved the corporate headquarters from Connecticut to Arizona in June 2017 to facilitate greater access to business and technology centers on the west coast.

Isola is a leading global material sciences company that designs, develops, manufactures and markets copperclad laminates and dielectric prepregs used to fabricate advanced multilayer printed circuit boards (PCBs).

Segmentation Overview:

Among different product types, Hydrocarbon Ceramic Laminates segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the RF Wireless segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Hydrocarbon Laminate market covered in Chapter 3:

Rogers Corporation
SHENGYI TECHNOLOGY CO., LTD.
ZYST
Ventec
ITEQ
Wazam New Materials
FSD
Isola
Wangling

In Chapter 4 and Chapter 14.2, on the basis of types, the Hydrocarbon Laminate market from 2018 to 2029 is primarily split into:

Hydrocarbon Ceramic Laminates
Glass-reinforced Hydrocarbon Laminates

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Hydrocarbon Laminate market from 2018 to 2029 covers:

Automotive radar sensors
RF Wireless
Power amplifiers
Phased - Array Radar
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)