Copper Clad Laminate Market

Report Code: CMR 1540 Report Format: PDF + Excel

Copper Clad Laminate Market Overview:

The Global Copper Clad Laminate Market size is estimated to reach $18 billion by 2030, growing at a CAGR of 5.4% during the forecast period 2024-2030. Increasing demand for semiconductor chips and wiring boards in a wide variety of electronic devices and technological shift in the automotive sector are propelling the copper-clad laminate Market growth during the forecast period. 

Additionally, the significant investments by the government and private manufacturers in 5G infrastructure development and the technological shift in the automotive sector are creating substantial growth opportunities for the Copper Clad Laminate Market. In 2022, Panasonic developed Multi-Layer Circuit Board Materials (MEGTRON 8), which will reduce power consumption by lowering the transmission loss and will contribute to larger capability and high-speed data communication. Simultaneously, technological shifts in the automotive sector and high demand for PCBs with more thickness are some of the major Copper Clad Laminate Market opportunities. These factors positively influence the copper-clad laminate industry outlook during the forecast period.

 Market Snapshot:

 Copper Clad Laminate Market - Report Coverage:
The “Copper Clad Laminate Market Report - Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Copper Clad Market.





By Form

  • Rigid Sheets

  •  Flexible Sheets

By Reinforcement Material

  • Glass Fiber
      Paper Base

  • Others

By Resin Type

  •   Epoxy

  •   Others

By Packaging

  • Boxes

  • Containers

  • Others



By Application

  • Television

  • Computers

  • Radar devices

  • Mobiles

  • Defence equipment

  • Others





By End Use Industry

  • Communication Systems

  • Computers

  • Consumer Applications

  • Automotive

  • Healthcare

  • Aerospace & Defence

  • Others



By Geography

  • North America (the US, Canada and Mexico)

  • Europe (Germany, France, the UK, Italy, Spain, Russia, Netherlands, Belgium, Rest of Europe),

  • Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and the Rest of Asia-Pacific),

  •  South America (Brazil, Argentina, Chile, Colombia and the Rest of South America)

  • The Rest of the World (the Middle East and Africa).

COVID-19 / Ukraine Crisis - Impact Analysis:

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.

Key Takeaways:

● Asia-pacific is the fastest growing market 

Geographically, in the global copper-clad laminate market, Asia-Pacific is analyzed to grow with the highest CAGR of 6.2% during the forecast period 2024-2030 as the electronic market is highly dominated by the Asia Pacific region. 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 region, which in turn is driving the market for copper-lad laminates. 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.

● Epoxy to register the largest in Resin Type

According to the Copper Clad Laminate Market forecast, Epoxy held the largest market share of 46% in 2023 and is used to make epoxy phenolic glass cloth laminated sheet that is alkali free. Epoxy's exceptional performance, adaptability, and processing efficiency make it the top choice for resin type in the copper clad laminate market. Sectors like automotive, healthcare, and industrial automation rely heavily on PCBs. As these sectors experience substantial growth, the demand for epoxy-based copper clad laminates naturally rises. This has heat and humidity resistance, mechanical strength and dielectric qualities which can be used in insulating parts of various machines like generators and motors.

● Phenolic to register the fastest in Resin Type

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.

● Growth in 5G infrastructure to boost up market demand

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. 

● Technological shift in the automotive sector creating the growth opportunities:
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 in the automotive industry. 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.

● Prices of raw materials hinder the market growth

Based on the lifestyle, income and inflation, the demand increases for various products such as mobiles, computers, television, etc. in which copper clad laminates are used. The raw materials 
used for making copper clad laminate sheets such as copper foil, resin, glass fiber are too expensive mainly due to  an insufficient supply capacity. Increases in the prices of copper and other substrate materials can put financial pressure on Copper Clad Laminate manufacturers. Copper is a key component in the production of Copper Clad Laminate, and any significant change in its price can directly affect the cost of manufacturing. The copper-clad laminate market may experience price volatility due to fluctuations in raw material prices. This can make it challenging for manufacturers to provide stable pricing to their customers, potentially affecting buying decisions and overall market growth.

 Key Market Players:

Product launches, approvals, patents, acquisitions, partnerships and collaborations are key strategies adopted by players in the Copper Clad Laminate Market. The top companies in this market include:
1. NAN YA Plastics Corporation (NAN YA)
2. Taiwan Union Technology Corporation (PegaClad 300, PegaClad 2A, ThunderClad 4SR)
3. Panasonic Corporation (MEGTRON-6)
4. ITEQ Corporation
5. Sytech Technology
6. Cipel Italia (Cardel, UBE, CEDATEC)
7. Grace Electron (GA-680, GA-150-LL, GA-HF-PF7)
8. Union Technology Corporation (PegaClad 300, PegaClad 3A, ThunderClad 4SR)
9. Kingboard Laminates Holdings Ltd. (XPC, FR-1, 22F, CEM-1)
10. Shengyi Technology Co. Ltd. (S1150GH, Q360G, S1000)

Scope of the Report:

Report Metric


Base Year Considered


Forecast Period




Market Size in 2030

$18 billion

Segments Covered

Form, Reinforcement Material, Resin Type, Packaging, Application, End Use Industry, Geography

Geographies Covered

North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia, New Zealand and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa).

Key Market Players

  1. NAN YA Plastics Corporation

  2. Taiwan Union Technology Corporation

  3. Panasonic Corporation

  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.

1. Copper-clad Laminates Market - Overview
    1.1 Definitions and Scope
2. Copper-clad Laminates Market - Executive Summary
3. Copper-clad Laminates Market – Comparative analysis
    3.1 Company Benchmarking - Key Companies
    3.2 Global Financial Analysis - Key Companies
    3.3 Market Share Analysis - Key Companies
    3.4 Patent Analysis 
    3.5 Pricing Analysis
4. Copper-clad Laminates Market - Startup companies Scenario Premium 
    4.1 Key Start-up Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Copper-clad Laminates Market–  Market Entry Scenario Premium  
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing Business Index
    5.3 Case Studies of Successful Ventures
6. Copper-clad Laminates Market- Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Market Challenges
    6.4 Porter's Five Force Model
        6.4.1 Bargaining Power of Suppliers
        6.4.2 Bargaining Powers of Customers
        6.4.3 Threat of New Entrants
        6.4.4 Rivalry Among Existing Players
        6.4.5 Threat of Substitutes
7. Copper-clad Laminates Market – Strategic Analysis
    7.1 Value/Chain Analysis
    7.2 Opportunity Analysis
    7.3 Market Life Cycle
8. Copper-clad Laminates Market - By Form (Market Size – US$ Million/Billion)
    8.1 Rigid Sheets
    8.2 Flexible Sheets
9. Copper-clad Laminates Market - By Reinforcement Material (Market Size – US$ Million/Billion)
    9.1 Glass Fiber
    9.2 Paper Base
    9.3 Others   
10. Copper-clad Laminates Market - By Resin Type (Market Size – US$ Million/Billion)
    10.1 Epoxy
    10.2 Phenolic
    10.3 Others
11. Copper-clad Laminates Market - By Packaging (Market Size – US$ Million/Billion)
    11.1 Boxes
    11.2 Containers
    11.3 Others
12. Copper-clad Laminates Market - By Application (Market Size – US$ Million/Billion)
    12.1 Television
    12.2 Radio
    12.3 Computer
    12.4 Mobiles
    12.5 Circuit Boards
    12.6 Radar systems
    12.7 Automotive ADAS
    12.8 Others
 13. Copper-clad Laminates Market - By End-Use Industry (Market Size - US$ Million/Billion)
    13.1 Communication Systems
    13.2 Computers
    13.3 Consumer Applications
    13.4 Automotive
    13.5 Healthcare
    13.6 Aerospace & Defence
    13.7 Others
14. Copper-clad Laminates Market - By Geography (Market Size - US$ Million/Billion)
    14.1North America
        14.1.1 USA
        14.1.2 Canada
        14.1.3 Mexico
    14.2 Europe
        14.2.1 UK
        14.2.2 Germany
        14.2.3 France
        14.2.4 Italy
        14.2.5 Netherlands
        14.2.6 Spain
        14.2.7 Russia
        14.2.8 Belgium
        14.2.9 Rest of Europe
    14.3 Asia-Pacific
        14.3.1 China
        14.3.2 Japan
        14.3.3 India
        14.3.4 South Korea
        14.3.5 Australia and New Zealand
        14.3.6 Indonesia
        14.3.7 Taiwan
        14.3.8 Malaysia
        14.3.9 Rest of APAC
    14.4 Rest of the World
        14.4.1 Middle East
   Saudi Arabia
   Rest of Middle East
        14.4.2 Africa
   South Africa
   Rest of Africa
15. Copper-clad Laminates Market – Entropy
16. Copper-clad Laminates Market – Industry / Segment Competition landscape Premium 
    16.1 Market Share Analysis
            16.1.1 Market Share by Form – Key Companies 
            16.1.2 Market Share by Region - Key Companies
            16.1.3 Market Share By Country - Key Companies
    16.2 Competition Matrix
    16.3 Best Practices for Companies
 17. Copper-clad Laminates Market– Key Company List by Country Premium Premium
18. Copper-clad Laminates Market - Company Analysis
    18.1 NAN YA Plastics Corporation
    18.2 Taiwan Union Technology Corporation
    18.3 Panasonic Corporation
    18.4 Sytech Technology
    18.5 Cipel Italia
    18.6 Grace Electron
    18.7 Union Technology Corporation
    18.8 Kingboard Laminates Holdings Ltd.
    18.9 Shengyi Technology Co. Ltd.
    18.10 ITEQ Corporation
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The Copper Clad Laminate market is projected to grow at a 5.4% CAGR during the forecast period 2024-2030

Copper Clad Laminate Market size is estimated to be $12 billion in 2023 and is projected to reach $18 billion by 2030

The leading players in the Copper Clad Laminate market are NAN YA Plastics, Taiwan Union Technology, Panasonic Corporation, ITEQ Corporation, Sytech Technology, Cipel Italia, Grace Electron are some of the leading key players in the Alcohol market.