Copper Clad Laminates Market Analysis | 2024-2029

Market Insights

The copper clad laminates market was estimated at USD 17.2 billion in 2023 and is likely to grow at a CAGR of 5.7% during 2024-2029 to reach USD 24.0 billion in 2029.

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Market Dynamics

Introduction

Copper clad laminate is a kind of material that soaks in resin with the electronic glass fiber or other reinforcing materials to make with copper clad on either one side or both sides. They come under different products with uses of different resins which are used in various industries.

Market Drivers

The prime factor contributing to the robust demand for the copper-clad laminates market is mainly its use in the hardware industry. It is also used in various electronic products such as radios, TVs, mobiles, and PCs. The market is expected to register ample growth opportunities in emerging and developing economies such as China, Japan, South Korea and India of APAC, whereas North America and Row will witness higher growth over the forecast period.

Segments Analysis

By Product Type

"The rigid segment accounted for the largest market share."

The market is segmented as rigid and flexible copper clad laminates. The rigid copper clad laminates segment held the larger share of the market in 2023 and is expected to remain dominant during the forecast period. The wide use of rigid copper laminate in computers, communication system,s and consumer appliances is expected to grow during the forecast period.

By Resin Type

"The epoxy segment accounted for the largest market share."

The market is segmented as epoxy, phenolic, polyamide, and other resins (phenol, polyester, etc.). The epoxy resin segment held the larger share of the market in 2023 and is expected to remain dominant during the forecast period. The growth of the segment is attributed to the extensive use of epoxy resin, owing to its good electrical, mechanical and bonding properties.

Regional Insights

"Asia-Pacific accounted for the largest market share."

Asia-Pacific is estimated to be the largest as well as the fastest-growing market for copper clad laminates during the forecast period, with developing economies such as China, Japan, South Korea, and India being the major ones with lucrative growth opportunities. The growth of the market is driven by the growth of various end-use industries, such as consumer electronics and automotive, which is generating robust demand for laminates and the presence of a large number of copper-clad laminate manufacturers in the Asia-Pacific region, followed by North America, which illustrates a significant growth in its CAGR over the coming years.

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Key Players

The following are the key players in the copper clad laminates market (arranged alphabetically).

• Cipel Italia
• Doosan Corporation
• Grace Electron
• Guangdong Chaohua Technology Co., Ltd.
• Isola Group
• ITEQ Corporation
• NAN YA Plastics Industrial Co., Ltd
• Panasonic Corporation
• Sytech technology Co., Ltd.
• Taiwan Union Technology Corporation

Note: The above list does not necessarily include all the top players in the market.

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Research Methodology

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s copper clad laminates market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
• COVID-19 impact and its recovery curve
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors

Market Segmentation

This report studies the market, covering a period of 12 years of trends and forecasts. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The copper clad laminates market is segmented into the following categories.

By Product Type

• Rigid
• Flexible

By Reinforcement Material Type

• Glass Fiber
• Paper Base
• Compound Materials

By Resin Type

• Epoxy
• Phenolic
• Polyimide

By Application Type

• Computers
• Communication Systems
• Consumer Appliances
• Vehicle Electronics
• Healthcare Devices
• Defense Technology

By Region

• North America (Country Analysis: the USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and the Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and the Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected].