Copper Clad Laminates Market Share, Size, Trends, Industry Analysis Report, By Application (Computers, Communication Systems, Consumer Appliances, Vehicle Electronics, Healthcare Devices, Defense Technology); By Product; By Resin Type; By Reinforcement Material; By Region; Segment Forecast, 2023 - 2032
The global copper clad laminates market size is expected treach USD 29.67 billion by 2032, according ta new study by Polaris Market Research. The report “Copper clad Laminates Market Share, Size, Trends, Industry Analysis Report, By Application (Computers, Communication Systems, Consumer Appliances, Vehicle Electronics, Healthcare Devices, Defense Technology); By Product; By Resin Type; By Reinforcement Material; By Region; Segment Forecast, 2023 - 2030” gives a detailed insight intcurrent market dynamics and provides analysis on future market growth.
The need for CCL is driven by the rising demand for communication infrastructure, including 5G networks and the Internet of Things (IoT). CCL is used tproduce communication equipment, including routers and switches. For instance, in January 2023, Isola Group announced the launch of 3 of its low-loss, halogen-free circuit materials, namely TerraGreen 400G, TerraGreen 400GE, and TerraGreen 400G2. All are suitable for 5G infrastructure, high-speed data centers, and wired and wireless communications gear since they are RoHS-compliant for usage with lead-free circuit fabrication procedures.
Due tshifting customer preferences, increased urbanization, and quick technology improvements, most car firms have started creating new models incorporating various technical features, such as wide touchscreen screens, airbag controls, anti-theft systems, and more. The growing adoption of these electronic systems in the automotive industry drives the demand for CCL. For instance, in January 2023, Rogers Corporation launched its high-performance circuit materials, namely Radix 3D Printable Dielectrics, Rogers Kappa 438 laminates, and SpeedWave, which have applications in high-resolution 77 GHz automotive radar, aerospace & defense, and high-speed digital designs.
The increasing demand for consumer electronics, such as smart TVs and gaming consoles, is driving the market for CCL as they are used in the manufacturing of PCBs. Also, the growing trend of wearable technology, such as smartwatches and fitness trackers, is driving the demand for CCL as they are used in manufacturing PCBs for these devices. For instance, in January 2023, Ventec International Group launched a range of new PCB laminates and prepregs. These PCB materials are created tsuit the technological requirements of the PCB manufacturing sector and have applications in satellite communications systems, GPS antennas, microwave circuitry, and the automotive industry.
Copper clad Laminates Market Report Highlights
Communication system segment was leading the global market for copper clad laminates in 2022 owing ttheir increased utilization n communication systems like radios and cellular networks.
Epoxy resin segment accounted for highest share in the global market because of its strong electrical, mechanical, and bonding qualities.
Fiberglass segment was leading the market in 2022 and is expected tmaintain its position during the forecast period. This can be attributed tits advantages like strong moisture resistance, good heat resistance and high strength.
Asia Pacific region held the highest market share is expected tgrow at a high CAGR during the forecast period due tavailability of cheap labor and transportation and large supply of raw materials
Some prominent players include Shandong JinbaElectronics, Taiwan Union, Kingboard Laminates, Guangdong Chaohua Technology, Doosan Corp., Grace Electron, NAN YA Plastics, Shengyi Technology, Isola Group, ITEQ Corporation, and Cipel Italia.
Polaris Market Research has segmented the Copper clad Laminates Market report according tapplication, product, resin type, reinforcement material and region:
Copper clad Laminates, Application Outlook (Revenue - USD Billion, 2019 - 2032)
Computers
Communication Systems
Consumer Appliances
Vehicle Electronics
Healthcare Devices
Defense Technology
Copper clad Laminates, Product Outlook (Revenue - USD Billion, 2019 - 2032)
Rigid copper clad laminates
Flexible copper clad laminates
Copper clad Laminates, Resin Type Outlook (Revenue - USD Billion, 2019 - 2032)
Epoxy
Phenolic
Polyimide
Others
Copper clad Laminates, Reinforcement Material Outlook (Revenue - USD Billion, 2019 - 2032)
Glass Fiber
Paper Base
Compound Materials
Copper clad Laminates, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa