Copper Clad Laminates Market is likely to surpass USD 15 billion by 2025 with a CAGR of 4.6%.

Copper clad laminate is a base material used in printed circuit board (PCB) manufacturing. Large scale applications of PCBs in consumer appliances is going to trigger then sales of copper clad laminates in upcoming years. PCBs are widely incorporated in various consumer appliances such as mobile phones, computers, laptops, home appliances, entertainment devices, etc. Advent of technology coupled with rising spending propensity of people will positively influence the landscape of consumer appliances in future. Additionally, favorable government policies and changing consumer preferences will assist its growth. Such trends will create positive outlook for CCL?s over the forecast period.

In automotive industry, PCBs are employed in monitor and control systems, navigation units, audio & video devices, etc. Automotive manufacturers are using PCBs in the production to make automobiles safer and more attractive to consumers. In healthcare sector, PCBs are used in monitoring, diagnostic and treatment devices such as CT scanners, heart pacemakers, monitors, microscopes, photometers, etc. Huge government expenditures and technological progressions are likely to facilitate the growth of healthcare devices in future. These aforementioned trends will augment the industry growth between 2019 to 2025.

Favorable trends associated with the 5G technology are going to boost the CCL?s consumption in upcoming years as they are widely preferred in 5G infrastructure materials. Rising need of technological upgradation in conjunction with R&D programs backed by financial investments will revolutionize the 5G sector thereby propelling the industry growth in upcoming years. However, market growth may be hindered by ongoing trade war between the U.S. and China.

Copper clad laminates industry is segmented on the basis of resin, product, reinforcement material and application. Rigid segment will capture more than half of the market share by 2025 owing to growing demand from consumer appliances and communication systems. Flexible segment will cross USD 8 billion at the end of 2025. Glass fiber will capture majority of market share between the projected timeframe. It is widely used as a reinforcement material due to excellent insulation capability and superior heat & fire resistance. Compound materials will grow at a CAGR more than 3.5% by 2025.

Phenolic segment will grow over a CAGR of 4% between 2019 to 2025. Healthcare devices will cross USD 1 billion by 2025 owing to wide range of product usages in various medical & diagnostic equipment. Vehicle electronics will clutch approximately one-fifth of market share between the forecast period.

Asia Pacific will lead the industry within the forecast period. Rising copper clad laminates consumption across automotive, consumer appliances and communication systems will boost the product sales in upcoming years. North America will grow with a CAGR more than 3.5% due to positive growth trends associated with aerospace and healthcare sectors.

The key manufacturers of the market are Shandong Jinbao Electronics Co., Ltd., Doosan Corporation, Taiwan Union Technology Corporation, Isola Group, Grace Electron and Guangdong Chaohua Technology Co., Ltd.

Copper clad laminates market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in thousand square meter and revenue in USD million from 2014 to 2025, for the following segments:

Copper Clad Laminates Market, Product By Application
Rigid
Computers
Communication systems
Consumer appliances
Vehicle electronics
Healthcare devices
Defense technology
Others
Flexible
Computers
Communication systems
Consumer appliances
Vehicle electronics
Healthcare devices
Defense technology
Others

Copper Clad Laminates Market by Reinforcement Material
Glass Fiber
Paper base
Compound materials

Copper Clad Laminates Market by Resin
Epoxy
Phenolic
Polyimide

Copper Clad Laminates Market by Application
Computers
Communication systems
Consumer appliances
Vehicle electronics
Healthcare devices
Defense technology
Others

The above information is provided on a regional and country basis for the following:
North America
U.S.
Canada

Europe
Germany
UK
France
Italy
Spain

Asia Pacific
China
India
Japan
South Korea
Thailand
Taiwan

Latin America
Brazil
Mexico

MEA
Israel
UAE
South Africa