PCB Laminates Market is Forecasted to Reach US$ 20.5 billion in 2027, Says Stratview Research

The global PCB Laminates Market is projected to witness a growth rate of 4.1% annually from 2022 to 2027, with an anticipated size of US$ 20.5 billion in 2027, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global PCB Laminates Market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/2902/PCB-laminates-market.html#form

Report Highlights:
Market Size in 2027: US$ 20.5 Billion
Growth (CAGR): 4.1% during 2022-2027
Forecast Period: 2022-2027
Trend Period: 2016-2020
Base Year: 2021
Number of Segments Covered: 4
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights on the PCB Laminates Market:

The global PCB Laminates Market is segmented based on PCB type, laminate type, application type, and region.

Based on PCB type - Based on the PCB type, the market is segmented as rigid PCB/multilayer, HDI/microvia, flexible, and IC substrate. Rigid/multilayer is likely to remain at the forefront of the PCB laminates market growth during the forecast period. Rigid PCBs are inflexible in construction and have a high current capacity. They are best suited for automotive, computer, and industrial electronics applications. The vast majority of rigid PCBs are manufactured with FR-4 as the primary insulating pillar.

Based on Laminate type - Based on the laminate type, the market is classified as FR-4, FR-4 high Tg, FR-4 halogen-free, paper, CEM, and special & others. FR-4 is expected to remain the most sought-after laminate type for PCB applications during the forecast period. The multitude of properties provided by FR-4, such as good strength-to-weight ratio, close to zero water absorption, good fabrication characteristics, and the ability to retain high mechanical values and electrical insulating qualities in both dry and humid conditions, make it an attractive option for a wide range of electrical and mechanical applications. CEM (CEM-3) has a structure very similar to FR-4 and is a slightly cheaper laminate type that is gaining traction over FR-4 in some regional markets.

To know the most attractive segments, click here for a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/2902/PCB-laminates-market.html#form

Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that Asia-Pacific is expected to remain the largest market for PCB laminates over the forecast period. In addition, the region is likely to witness healthy market growth in the coming years. This growth outlook is majorly attributed to the following-
• China, Taiwan, Japan, and South Korea are the preferred manufacturing destinations for PCB laminates in the region. China remains a global leader in electronics manufacturing due to its strong political environment, abundant natural and human resources, favorable national policies, and ever-increasing international influence.
• Furthermore, advancements in consumer electronics and telecommunication products are opening up new opportunities in the regional market. The growing adoption of smart devices, paired with the presence of a large number of PCB makers in the region, indicates a high level of PCB production in the region, which is likely to generate significant demand for PCB laminates in Asia-Pacific.

PCB Laminates Market Drivers:
Some of the key drivers listed in the report are given below.
The long-term market outlook seems propitious, with the increasing demand for PCBs in emerging sectors such as 5G communications. Also, a gradual shift toward advanced and high-value-added products, such as thin, high-frequency, high-speed, and halogen-free laminates, is likely to create new revenue pockets for the market stakeholders over the next five years.

Top 10 Companies in the PCB Laminates Market:
Stratview Research has identified the following companies as the top market players:
• Kingboard Laminates Holdings Ltd.
• Shengyi Technology Co., Ltd. (SYTECH)
• Nan Ya Plastics Corporation
• Panasonic Holdings Corporation
• Taiwan Elite Material Co., Ltd. (EMC)
What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the PCB Laminates Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
Related Reports:
• Rigid Copper Clad Laminates Market: https://www.stratviewresearch.com/3586/rigid-copper-clad-laminates-market.html
• Axial Leads Multilayer Ceramic Capacitors Market: https://www.stratviewresearch.com/2241/Axial-Leads-Multilayer-Ceramic-Capacitors-Market.html

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
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This release was published on openPR.