Copper Clad Laminate Market

 The Global Copper Clad Laminate Market size is predicted to reach $18 billion by 2030, growing at a CAGR of 5.4% during the forecast period 2024-2030 according to the latest market research report published by IndustryARC. Growing need for wire boards and semiconductor chips in a number of electronic devices Technical change in the automotive industry are propelling the Copper Clad Laminate Market growth., finds IndustryARC in its recent report, titled “Copper Clad Laminate Market Size, Share & Trends Analysis Report By Form [Rigid Sheets, Flexible Sheets], By Reinforcement Material (Glass Fiber, Paper Base, Others), By Resin Type (Epoxy, Phenolic, Others), By Packaging (Boxes, Containers, Others), By Application (Television, Mobiles, Computers, Radars, Defence Equipment, Others), By End-Use (Communication Systems, Computers, Consumer Applications, Automotive, Healthcare, Aerospace & Defence, Others),  By Region and Segment Forecasts, 2024–2030”

 

 

The Copper Clad Laminate industry in this region is expanding due to the need for copper clad laminates is rising across a range of industries, including computers, communication systems, consumer electronics, automotive electronics, medical equipment, and defence technology. Moreover, the significant investments by the government and private manufacturers to 5G infrastructure development and the technological shift in the automotive sector are the major factors propelling the market growth in this region. Asia Pacific is a global hub for electronics manufacturing, with countries like China, Taiwan, and Vietnam leading the way. This booming industry creates a massive demand for copper-lad laminates, which are essential components in printed circuit boards (PCBs) used in various electronic devices like smartphones, laptops, TVs, and more. These factors are all due to the expansion of the electronics and automotive industries.

 

For instance, In 2022, AGC Ceramics created a joint venture in China for the BRIGHTORBTM 3D printer business.

 

Copper Clad Laminates are utilised in PCB circuits of highest thickness to enhance durability and signal transmission and the usage of copper clad laminates in the 5G infrastructure increases demand for the product since they enhance signal transmission, avoid delamination, manage heat, reduce weight, regulate moisture, and are more cost-effective. The deployment of 5G networks often involves the use of advanced materials with specific characteristics, such as low dielectric loss, high thermal conductivity, and excellent signal integrity. CCLs with specialized resin systems and substrate materials are essential for meeting these requirements. 

According to the Copper Clad Laminate Market forecast, phenolic is the fastest growing resin type having CAGR of 6.5% during 2024 - 2030. Phenolic resins have historically been widely used in the production of copper-clad laminates due to their good electrical and mechanical properties, as well as cost-effectiveness. Phenolic resin is valued for its electrical insulation properties, making it suitable for use in PCBs where it helps prevent short circuits and ensures proper signal transmission. Owing to its cost efficiency and easy maintenance, Phenolic is used to make Alkali free E-glass fabric and phenolic panels are resistant to weather and sun.

The electronic market is dominated by the Asia Pacific area. A high economic growth rate, abundant low-cost raw material availability, competitive manufacturing costs, and lower labour and transportation costs are driving the PCBs market in the area, which in turn is driving the market for copper clad laminates. These factors are all due to the expansion of the electronics and automotive industries.

The growth of the worldwide copper clad laminates market is being impacted by the booming electrical and electronic industries in developing nations. Electronic assembly technology makes extensive use of copper clad. Due to Variable customer demands, Rapid urbanisation, and Rapid technological advancements most automotive manufacturers have started developing new models with the introduction of various technical aspects.

 

 

In 2022, Panasonic developed a Multi-Layer Circuit Board Materials (MEGTRON 8), which will reduce the power consumption by lowering the transmission loss and will contribute to larger capability and high-speed data communication, which is in line with the ongoing need for 5G technology. This gives the opportunity to grow big in the market.

A number of end-use sectors are seeing an increase in PCB demand. Using signal traces, tracks, and conductive pathways in a copper sheet laminated with a non-conductive substrate, PCBs are tools for joining electronic components. Connectors, diodes, resistors, capacitors, and other radio components, which are coupled to one another throughout a PCB, are among the electronic components manufactured on PCBs.

 

Alkesh Kumar Sharma, the secretary for electronics and information technology, announced on Tuesday that the nation will soon begin producing semiconductors. He was responding to a question regarding the Ministry of Electronics and IT's action plan after state-owned Energy Efficiency Services Ltd (EESL) brought up the issue of an electronic chip and printed circuit board (PCB or motherboard) scarcity impeding domestic production of electric metres. This helps in the copper clad laminate market growth.

 

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● Copper Clad Laminate Market Size and Forecast 

● Copper Clad Laminate Market Trends

● Copper Clad Laminate Market Analysis by Product Type

 

 

● CAGR of the market during the forecast period 2024-2030

● Value Chain analysis of key stake holders

● Detailed analysis of market drivers and opportunities during the forecast period

● Copper Clad Laminate Market size estimation and forecast

● Analysis and predictions on end users’ behavior and upcoming trends 

● Competitive landscape and Vendor market analysis including offerings, developments, and financials

● Comprehensive analysis of challenges and constraints in the Copper Clad Laminate  Market

 

● Due to the global economic crisis caused by the Covid-19, The demand for copper-clad laminates has fallen due to a decline in the demand for electrical and electronic devices. The market was severely hit by the global trade restrictions that prevented imports and exports and there is a shortage of raw materials, the rise in instrument and equipment prices. The pandemic caused demand slumps in industries that heavily rely on copper-clad laminates, such as automotive, consumer electronics, and aerospace. The pandemic led to an increase in production costs due to factors like supply chain disruptions, higher raw material prices, and stricter safety protocols. While the initial stages of the pandemic caused significant disruptions and declines, the market has shown signs of recovery in recent times. 

● Commodity prices are increasing due to the ongoing Ukraine-Russia war. Asia was the biggest manufacturing regions and its trade with Europe is in a complex position. The supply chain disruption due to the Russia-Ukraine war has impeded the Copper Clad Laminate Market growth. The disruption has increased freight charges, created container shortages and lowered the availability of warehousing space. This has resulted in inflationary issues in the aftermarket. the long-term impact is still uncertain and will depend on various factors, including the duration and outcome of the war, the ability of manufacturers to adapt to changing supply chains, and the overall health of the global economy.

 

The Global Copper Clad Laminate Market is fragmented with several global and regional companies operating with expansive manufacturing capabilities and extensive distribution networks. The key companies profiled are listed below:

 

1. NAN YA Plastics Corporation (NAN YA)

2. Taiwan Union Technology Corporation (tuc)

3. Panasonic Corporation (MEGTRON-6)

4. ITEQ Corporation

5. Sytech Technology

6. Cipel Italia

7. Grace Electron

8. Union Technology Corporation

9. Kingboard Laminates Holdings Ltd.

10. Shengyi Technology Co. Ltd.

 

Flexible Copper Clad Laminate Market – Flexible Copper Clad Laminates market size is forecast to reach US $4.6 billion by 2027 after growing at a CAGR of 5.7% during 2022-2027. Flexible CCL is a single-layer or double-layer flexible copper clad laminate made of insulating PI film or polyester film as the substrate material and a thin copper foil conductor with surface flexibility.

 

High-End Copper Foil Market – High-End Copper Foil Market size is forecast to reach $1.4 billion by 2025, after growing at a CAGR of 6.5% during 2020-2025, owning to growing application as a printed circuit board (PCB) material. The increase in the demand for advanced consumer electronics and smart devices, growing automation in industries, and technologically advanced health care devices are diving PCB demand which in turn drives high end cooper foils market growth.

Decorative Laminates Market – The Decorative Laminates Market size is estimated to reach US$12.7 billion by 2027 after growing at a CAGR of around 3.7% from 2022 to 2027. Decorative laminates are materials used for lamination with decorative papers on various surface materials to be used in walls, floors, furniture to give an aesthetic appeal to the interior designing of homes and offices.

 

Europe Copper Tubes Market – Europe copper tubes market size is forecast to reach US $6.1 billion by 2026, after growing at a CAGR of 3.2% during 2021-2026. Copper tubes are extensively used in the construction and electrical industries due to their conductive properties. They are cost-effective and degrade the possibilities of contamination caused by oxygen, ultraviolet (UV) rays and high temperature and that’s the reason it is mostly preferred in industrial heat exchange, plumbing, and other application. 

 

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Mr. Venkat Reddy

IndustryARC

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