Press release
Overview of Organic Substrate Market: Crucial Study of Industry, Top Players and Forecasts till 2026
A fresh study, covering “Organic Substrate Market” has been broadcasted to wide online repository of Fact MR, which presents deep focus on the ICT market. This smart study contains precise data that offers a clear insight about market current scenario and future projections for the benefit of readers. Moreover, the study enclosed significant data which tends to make the research a powerful source for analysts and industry experts who are looking to gain necessary knowledge about the prevailing market trends, opportunities and drivers present in the “Organic Substrate Market”.Request for Sample Report@ https://www.factmr.com/connectus/sample?flag=S&rep_id=360
According to the report by Fact.MR, the global organic substrate market is expected to experience steady growth, registering 5.6% CAGR during the forecast period 2017-2026. The global organic substrate market is also estimated to bring in US$ 13,438.1 million revenue towards the end of 2026. Organic substrates are being used on a large scale as a base material in semiconductor manufacturing and application. Most of the organic substrate are manufactured using PCB technology. Hence, an organic substrate has good CTE match with PCB. Organic substrates are witnessing significant demand by the majority of area array packages. Following are the key insights on how the global organic substrate market will perform in the coming years.
5 Forecast Highlights on Global Organic Substrate Market
1- Asia Pacific Excluding Japan (APEJ) is expected to dominate the global organic substrate market during 2017-2026. Presence of key manufacturers in the region is resulting in the growth of the market. Owing to the increasing demand for semiconductor and IC packaging materials, organic substrates are witnessing growth in the APEJ region.
2- North America is also expected to witness growth due to the presence of the major technology companies and rapid adoption of advanced technology in developing smartphones and flat panel displays.
3- Tape substrate is expected to be the largest substrate type in the global organic substrate market during 2017-2026. Tape substrate is estimated to bring in nearly US$ 9,200 million revenue by the end of 2026.
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4- Small outline packages are expected to witness the highest growth in the organic substrate technology segment. By the end of 2026, small outline packages are estimated to bring in close to US$ 4,500 million revenue.
5- Mobile phones are expected to witness the maximum use of organic substrate during the forecast period 2017-2026. Mobile phones are estimated to exceed US$ 4,900 million revenue by the end of 2026.
The report also offers a detailed profile of all the leading market players in the global market for organic substrate, which will perform actively through 2026. These include companies such as Hitachi Chemical, Samsung Electronics, Dow Chemicals, BASF, Sumitomo Chemical Co. Ltd., Henkel AG, Amkor Technology, STMicroelectronics, Qualcomm Technologies, Shinko, Kyocera, and Mistubishi Electric.
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