Feb 07, 2022/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Copper Clad Laminates Market.
It was estimated prior to this unanticipated outbreak that the Copper Clad Laminates Market is likely to witness an impressive CAGR of 4.8% during the forecast period. The prime factor contributing to the robust demand for the copper clad laminates market is mainly its use in the hardware industry. It is also used in various electronic products such as radio, TV, mobile, and PC. The market is expected to register ample growth opportunities in emerging and developing economies such as China, Japan, South Korea and India of APAC, whereas North America and Row will witness higher growth over the forecast period.
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Copper clad laminate is a kind of material that soaks in resin with the electronic glass fiber or other reinforcing materials to make with copper clad on either one side or both sides. They come under different products with uses of different resins which are used in various industries.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Based on the products type, the market is segmented as rigid and flexible copper clad laminates. The rigid copper clad laminates segment held the larger share of the market in 2019, and is expected to remain dominant during the forecast period. The wide use of rigid copper laminate in computers, communication system and consumer appliances is expected to grow during the forecast period.
Based on the material type, the copper clad laminates market is segmented as epoxy, phenolic, polyamide and other resins (phenol, polyester, etc.). The epoxy resin segment held the larger share of the market in 2019, and is expected to remain dominant during the forecast period. The growth of the segment is attributed to the extensive use of epoxy resin, owing to its good electrical, mechanical and bonding properties.
In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing market for copper clad laminates during the forecast period, with developing economies such as China, Japan, South Korea and India being the major ones with lucrative growth opportunities. The growth of the market is driven by the growth of various end-use industries, such as consumer electronics and automotive, which is generating robust demand for laminates and the presence of a large number of copper clad laminate manufacturers in the Asia-Pacific region, followed by North America which illustrates a significant growth in its CAGR during the over the coming years.
Key players operating in the global Copper Clad Laminates market are-
- Taiwan Union Technology Corporation
- Guangdong Chaohua Technology Co., Ltd.
- Doosan Corporation
- Grace Electron
- NAN YA Plastics Industrial Co., Ltd
- Isola Group
- Panasonic Corporation
- ITEQ Corporation
- Sytech technology Co., Ltd.
- Cipel Italia.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Copper Clad Laminates analysis report discusses the following heads in great detail:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- COVID-19 Impact Assessment
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
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