Copper clad laminates (CCL) are essential materials in the electronics industry, serving as the foundation for the production of printed circuit boards (PCBs). PCBs are integral components in various electronic devices, ranging from smartphones and computers to automotive and aerospace applications. The global copper clad laminates market has experienced significant growth in recent years, driven by the increasing demand for high-performance electronic materials. This market research report explores the key factors influencing the market's growth and the emerging trends shaping its future.
The report "Copper Clad Laminates Market by Application (Computers, Communication Systems, Consumer Appliances, Vehicle electronics, Healthcare Devices), Product Type (Rigid, Flexible), Reinforcement Material Type, Resin Type, Region - Global Forecast to 2027", size is estimated to be USD 16.4 billion in 2022 and is projected to reach USD 21.6 billion in 2027, at a CAGR of 5.7%.
Browse 110 market data Tables and 39 Figures spread through 177 Pages and in-depth TOC on "Copper Clad Laminates Market by Application (Computers, Communication Systems, Consumer Appliances, Vehicle electronics, Healthcare Devices), Product Type (Rigid, Flexible), Reinforcement Material Type, Resin Type, Region - Global Forecast to 2027"
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One of the primary drivers of the copper clad laminates market is the rapid expansion of the electronics industry. With the proliferation of smartphones, tablets, and other portable electronic devices, the need for smaller, lighter, and more efficient circuit boards has surged. Copper clad laminates provide the necessary electrical conductivity, thermal management, and mechanical support for these compact PCBs. Additionally, the growing adoption of electric vehicles, renewable energy systems, and smart home technologies further fuels the demand for copper clad laminates.
Moreover, the trend towards higher data transfer rates and miniaturization in electronic devices has led to the development of advanced copper clad laminates. High-speed digital communication requires low signal loss and impedance control, which can be achieved through specialized laminates with superior dielectric properties. These laminates offer excellent signal integrity, reduced electromagnetic interference (EMI), and enhanced reliability, making them ideal for applications such as 5G networks, data centers, and high-frequency communication systems.
The major players are Kingboard Laminates Holdings Ltd. (China), Shengyi Technology Co., Ltd (China), Nan Ya Plastics Corporation (Taiwan), Panasonic Holdings Corporation (Japan), Taiwan Union Technology Corporation (Taiwan) and others are covered in the Copper clad laminate market. Expansion, mergers, joint ventures, and the development of novel products are the primary strategies employed by the leading players to build the Copper clad laminate market.
Kingboard Laminates Holdings Ltd. (China) manufactures copper clad laminates and produces component materials such as copper foil, glass yarn, glass fabric, bleached kraft paper, epoxy resin, and glass fabric. The group also manufactures laminate goods, such as glass epoxy and flame-resistant paper laminates. The group runs more than 20 factories in southern and eastern China. The company also produces and sells chemicals, glass fabric, bleached kraft paper, and other products through its subsidiaries.
Shengyi Technology Co., Ltd (China), is a manufacturer of electronic circuit base materials. The company produces high-end electronic materials such as CCL, prepreg, insulation boards, metal-based CCL, resin-coated copper (RCC). Products are mostly used to create multi-layer boards and PCBs with single and double sides. The company has headquarters in China.
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By Application, communication systems accounted for the largest share in 2021
Copper clad laminates can be used in a variety of applications like computers, communication systems, consumer appliances, vehicle electronics, healthcare devices and defense technology. According to projections, the communication systems will be the biggest market for copper clad laminates. The market for 5G infrastructure is expanding as a result of rising acceptance of virtual networking in the telecom industry, lower latency in 5G, and an increase in mobile traffic data. High consumer demand and industrial automation generates increased demands for effective communication systems which drives the market for copper clad laminates.
APAC is projected to account for the largest share of copper clad laminates in 2021
The largest market for copper clad laminates is anticipated to be in APAC over the projected period. China, Taiwan, South Korea and Japan are the main contributors in the same. The growth is led by rapid increasing demand for copper clad laminates from various industries, including computers, communication systems, consumer appliances, vehicle electronics, healthcare devices etc. The investments in 5G infrastructure and technological shift in automobile sector to electric vehicles is a major reason for growth of copper clad laminate market.
