Press release
Soaring Demand Set to Propel Copper Clad Laminate Market to $20.17 Billion by 2029
Copper Clad Laminate Market
What Is the Expected CAGR for the Copper Clad Laminate Market Through 2025?
In recent times, the copper clad laminate market has experienced significant growth. The market size, which stands at $13.56 billion in 2024, is projected to reach $14.66 billion in 2025, reflecting a compound annual growth rate (CAGR) of 8.1%. This robust growth during the historical period can be credited to factors including the expansion of the electronics industry, heightened demand for light and compact devices, the development of telecommunications infrastructure, the augmentation of the automotive electronics sector, worldwide spread of electronics production, and an increase in consumer electronics usage.
What's the Projected Size of the Global Copper Clad Laminate Market by 2029?
The market size of copper clad laminate is predicted to witness considerable expansion in the upcoming years, with projections estimating its value to reach "$20.17 billion by 2029 at an 8.3% Compound Annual Growth Rate (CAGR). The significant growth in the prediction period is driven by ongoing advancements in markets concerning IoT devices, flexible electronics, and wearables. Other contributing factors include heightened focus on environmental sustainability and the shift towards high-frequency materials. There's also emphasis on building resilient supply chains and promoting regionalization. Within the forecast period, significant trends like increased demand for high-frequency laminates, the booming adoption of 5G technology, the miniaturization of electronic gadgets, the shift towards halogen-free laminates, and technological progress in materials are expected.
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Top Growth Drivers in the Copper Clad Laminate Industry: What's Accelerating the Market?
The copper clad laminate market is predicted to experience a surge in growth due to the escalating demand for automotive vehicles. This refers to self-operating terrestrial vehicles that do not operate on rails such as trains or trams, and are used for transporting people or goods. The engines function more effectively and exhibit increased durability when lubricants or freight are integrated with copper-coated laminate. A case in point is a report from June 2024 by Statistics Canada, a national statistical agency based in Canada. The report revealed that the overall count of registered motor vehicles on the road in Canada in 2022 was 26.3 million, a marginal increase of 0.3% from 2021. For these reasons, the advancing demand for automotive vehicles fuels the expansion of the copper clad laminate market.
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What Trends Will Shape the Copper Clad Laminate Market Through 2029 and Beyond?
Leading organizations in the copper-clad industry are disclosing original inventions such as metal alloy and kapton all-polyimide dielectric technology for enhanced function and durability. This is being done to cater to the dynamic requirements of multiple sectors including electronics and telecommunications. The kapton all-polyimide dielectric technology is a dielectric material introduced in copper-clad laminates, specially meant for flexible printed circuit boards. DuPont, a material and solutions firm based in the US, launched the DuPontTM Pyralux ML Series in April 2024. This fresh range of double-sided metal-clad laminates is crafted specifically for managing high thermal loads in tough environments. The Pyralux ML laminate series performs exceptionally well in harsh settings and provides a flexible and advanced solution across numerous applications.
What Are the Main Segments in the Copper Clad Laminate Market?
The copper clad laminate market covered in this report is segmented -
1) By Type: Rigid Copper Clad Laminate, Flexible Copper Clad Laminate
2) By Material: Epoxy Resin, Phenolic, Other Materials
3) By End-User: Automotive, Aerospace And Defense, Consumer Electronics,, Healthcare, Industrial, Other End-Users
Subsegments:
1) By Rigid Copper Clad Laminate: FR-4, CEM-1, CEM-3
2) By Flexible Copper Clad Laminate: Polyimide (PI), Polyester (PET)
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Which Top Companies are Driving Growth in the Copper Clad Laminate Market?
Major companies operating in the copper clad laminate market include Nan Ya Plastics Corporation, Panasonic Holding Corporation, Taiwan Union Technology Corporation, Grace Electron Corp., Isola Group Ltd., ITEQ Corporation, Kingboard Laminates Holding Ltd., Shengyi Technology Co. Ltd., Guangdong Chaohua Technology Co. Ltd., Sytech Technology Co. Ltd., Fineline Ltd., Taiwan Elite Material Co. Ltd., Taiwan Taiflex Scientific Co. Ltd., Goldenmax International Technology Ltd., Rogers Corporation, Ventec International Group, Nikkan Industries Co. Ltd., Hitachi Chemical Co. Ltd., Sumitomo Bakelite Co. Ltd., Jiangsu Jiuwu High-Tech Co. Ltd., Arlon Electronic Materials, Risho Kogyo Co. Ltd., Taiflex Scientific Co. Ltd., Elite Material Co. Ltd., Zhejiang Huazheng New Material Co. Ltd., Amitron Corporation, DuPont de Nemours Inc.
Which Regions Will Dominate the Copper Clad Laminate Market Through 2029?
Asia-Pacific was the largest region in the copper clad laminate market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global copper clad laminate market report during the forecast period. The regions covered in the copper clad laminate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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