PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1229641
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1229641
Global Copper Clad Laminates Market Overview
According to SPER Market Research, the Global Copper Clad Laminates Market is estimated to reach USD 29.18 billion by 2032 with a CAGR of 5.93%.
A substance known as a copper clad laminate is a type of material that is soaked in resin and reinforced with electronic glass fibre or another material on one or both sides. They fall under several goods that use various resins and are utilised by diverse industries. A type of base material used in the manufacturing of printed circuit boards is copper clad laminate (PCBs). These circuit boards are utilised in electrical devices including computers, radios, and televisions. The expansion of the worldwide copper clad laminates market is being impacted by the developing nations' booming electrical and electronic industries. One of the important sectors that has contributed significantly to the market's growth is the automotive industry. The method for electronic assembling makes extensive use of copper clad. Gathering, soldering, or integrating electrical circuits to carry out one or more unique functions is the general process of electronics assembly. The introduction of 5G infrastructure to the automotive and electronic industries, as well as the rapid technical breakthroughs in the telecommunications and electronic sectors, are some of the additional key factors driving the copper clad laminates market. The computer, communication, consumer appliance, automotive, healthcare, and aerospace industries all present prospects for the copper clad laminate industry in the future. The most important factors driving this market are the advancements in printed circuit board (PCB) fabrication technology, electronic assembly technology, and semiconductor fabrication technology.
Impact of COVID-19 on the Global Copper Clad Laminates Market
The COVID-19 pandemic hampered the expansion of the copper sector in previous year, and its effects are anticipated to be felt in the market during the coming years. The market was severely hit by global trade and service restrictions, disruptions in the supply of raw materials, price increases for instruments and equipment, and transit bans. However, manufacturers are now recovering from their losses following the epidemic, and there has been a major increase in the demand for electrical and electronic items, which has in turn increased demand for copper. So, it is anticipated that this will aid in the market's acceleration and stable growth over the course of the projection year.
Scope of the Report
Report Metric Details:
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered By Product Type, By Reinforcement Material Type, By Resin Type, By Application Type.
Regions covered Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
Companies Covered Cipel Italia, Doosan Corporation, Grace Electron, Guangdong Chaohua Technology Co, Ltd, Isola Group, ITEQ Corporation, NAN YA Plastics Industries Co, Ltd, Panasonic Corporation, Sytech Technology Co, Ltd. , Taiwan Union Technology Corporation.
Global Copper Clad Laminates Market Segmentation:
By Product Type: Based on the Product Type, Global Copper Clad Laminates Market is segmented as; Flexible, Rigid
By Application Type: Based on the Application Type, Global Copper Clad Laminates Market is segmented as; Communication systems, Computers, consumer Appliances, Defence Technology, Healthcare Devices, Vehicle Electronics)
By Region: Asia Pacific, North America, Europe, and the Rest of the World are the four regions for which the market for copper-clad laminates is being researched. The need for copper clad laminates is rising across a range of industries, including computers, communication systems, consumer electronics, automotive electronics, medical equipment, and defence technology, and this demand is driving the expansion.