Copper Clad Laminate Market to amass $11300 Mn by 2024

October 09, 2019

According to the latest study titled ‘Global Copper Clad Laminate Market Growth 2019-2024’ available with Market Study Report LLC, the worldwide copper clad laminate market is estimated to accumulate US $11300 million by the year 2024.

Copper clad laminate (CCL) is a base material for electronic devices and is widely used in radio, TV, computer, and mobile communications. It is an important raw material for the manufacturing of printed circuit board (PCB). Growing dependence on electronic gadgets, increasing disposable incomes, and launching of high-tech gadgets will propel the growth of CCL market.

According to the study, the copper clad laminate market was valued at US $10400 million in 2019 and is expected to grow with a CAGR of 1.5% over the predicted time period. The study analyzes the global CCL market for industry shares and growth opportunities by different segments. Furthermore, it provides an exhaustive understanding of trends, challenges, marketing strategies, distribution channels, consumer spectrum, and drivers influencing the market growth.

Based on type, the market is segmented as composite substrate, paper board, high Tg FR-4, normal FR4, special board, halogen-free board and others. While on the basis of application spectrum, the copper clad laminate market is divided into communication, computer, consumer electronics, industrial / medical, vehicle electronics, package, and military / space.

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Considering the geographical landscape, copper clad laminate market is fragmented into four major regions. Middle East & Africa comprise of GCC countries, South Africa, Israel, Egypt, and Turkey; Americas consist of the United States, Brazil, Mexico, and Canada; Germany, Spain, Russia, France, UK, and Italy fall under Europe; and Korea, Australia, China, Southeast Asia, Japan, and India come under Asia Pacific.

The key players of copper clad laminate market outlined in the report are SYTECH, KBL, Panasonic, Nan Ya Plastics, EMC, ITEQ, DOOSAN, Isola, GDM, TUC, Hitachi Chemical, Grace Electron, JinBao, Ding Hao, Shanghai Nanya, Chaohua, WEIHUA, and GOWORLD.