What is Copper Clad Laminates Industry?
Copper Clad Laminates industry refers to the production and manufacturing of laminates made of a layer of copper metal bonded to an insulating substrate material such as paper, fiberglass, or plastic. These laminates are used in the production of printed circuit boards (PCBs) in the electronics industry, providing a conductive surface for soldering electronic components. The copper clad laminates industry involves the design, development, and production of various types of laminates for different applications in the electronics and electrical industries. The Copper Clad Laminates market size is estimated to be USD 16.4 billion in 2022 and is projected to reach USD 21.6 billion in 2027, at a CAGR of 5.7%.
Copper Clad Laminates Market Scope
The market scope of Copper Clad Laminates (CCL) refers to the potential size, growth, and opportunities for the CCL industry. The market size of CCLs is primarily driven by the demand from the electronics and electrical industries, as CCLs are used as a base material for printed circuit boards (PCBs). Factors such as increasing demand for consumer electronics, growth of the telecommunications sector, and increasing investments in the renewable energy sector are expected to drive the demand for CCLs in the coming years. The market for CCLs is expected to grow significantly due to the increasing use of PCBs in various applications, including consumer electronics, aerospace, automotive, and medical devices.
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Copper Clad Laminates Market Key players
The key players in the Copper Clad Laminates market are:
Some of the leading companies involved in the manufacturing of copper clad laminates are Kingboard Laminates Holdings Ltd. (China), Shengyi Technology Co., Ltd (China), Nan Ya Plastics Corporation (Taiwan), Panasonic Holdings Corporation (Japan), Taiwan Union Technology Corporation (Taiwan) and others are covered in the Copper clad laminates market. These companies, along with other regional companies, cater to the demand for copper clad laminates globally.
What are the major drivers in the copper clad laminates market?
The major drivers in the copper clad laminates market are:
- Increasing demand for electronics and electrical products
- Growing construction industry and urbanization
- Rising use of copper clad laminates in renewable energy applications
- Technological advancements in the production of copper clad laminates
- Increasing investments in the electrical and electronics industry
- Rising demand for compact and lightweight electrical products.
What is the key opportunity in the copper-clad laminates Market?
The key opportunity in the copper-clad laminates market is the increasing demand for lightweight, high-performance electronic devices and the need for advanced printed circuit boards (PCBs) in various end-use industries, such as automotive, telecommunications, and consumer electronics.
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What are the end-use industries where copper-clad laminates are used?
Copper-clad laminates are commonly used in several end-use industries, including:
- Electronics and electrical industries – for the production of printed circuit boards (PCBs)
- Telecommunications industry – for the manufacture of communication equipment and devices.
- Computer industry – for the production of computer motherboards, memory modules, and other computer components.
- Aerospace industry – for the production of electrical and electronic components in aircraft and spacecraft.
- Automotive industry – for the production of electronic components in vehicles.
These are some of the major industries where copper-clad laminates are used.
Copper Clad Laminates Market Segmentation
By reinforcement material, glass fiber accounted for the largest market share.
The Copper clad laminates market has been segmented based on the reinforcement material. The market is segmented as fiber glass, paper base and compound materials as per the reinforcement material used in the copper clad laminates. The fiberglass reinforcement material segment of the market dominates the market.
By type, Rigid copper clad laminates accounted for the largest share.
Copper clad laminate or CCL is a type of material used in PCBs. It is made using reinforcement materials like glass fiber, paper, or other materials, impregnated with resin adhesive like epoxy, phenolic etc. and covered with copper foil on either side or one side. The Copper clad laminates Market has been segmented based on its type i.e., rigid copper clad laminate and flexible copper laminate.
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Recent Developments
- In October 2022, Taiwan Union Technology Corporation (TUC) launched RF/mmWave products- PegaClad series to meet the needs of 5G applications. These can be applied to low-orbit satellites and mmWave automotive radars
- In March 2022, Taiwan Union Technology Corporation (TUC) collaborated with IEC to provide the best quality to the PCB sector.
- In October 2021, TUC launched new advanced materials for high-speed and high-frequency applications to meet the needs of 5G.
- In October 2021, TUC launched PegaClad series materials for sub6GHz/mmWave antenna/radar applications.
- In January 2022, Panasonic corporation’s industry company has developed the MEGTRON 8 multi-layer circuit board materials featuring low transmission loss specifically for high-speed networking devices.
- In February, Panasonic Corporation revealed that its Industrial solutions company began selling R-5410, a halogen-free multi-layer circuit board material with extremely low transmission loss appropriate for millimeter-wave antennas. March 2021 marked the beginning of mass production. This will help achieve enhanced Mobile BroadBand (eMBB), massive Machine Type Communications (mMTC), and Ultra-Reliable and Low Latency Communications (https://www.marketsandmarkets.com/Market-Reports/copper-clad-laminates-market-100748480.htmlLC) in 5G (5th generation mobile communication systems).
