
Report ID: SQMIG15K2005
Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to copper clad laminate market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.
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Global Copper Clad Laminate Market size was valued at USD 16.40 Billion in 2023 and is poised to grow from USD 17.40 Billion in 2024 to USD 27.94 Billion by 2032, growing at a CAGR of 6.1% in the forecast period (2025-2032).
The global copper clad laminate industry in 2024 remains highly competitive, with key players employing various strategies to enhance market share, innovate, and meet the evolving needs of industries like electronics, automotive, and telecommunications. As demand grows, particularly driven by emerging technologies such as 5G, electric vehicles (EVs), and high-performance computing, leading companies are adopting strategies ranging from technological innovation to strategic partnerships and geographic expansion. 'Isola Group', 'Kingboard Laminates', 'EcoCircuit Materials', 'DuPont', 'Rogers Corporation', 'Mitsubishi Chemical Corporation', 'Panasonic Corporation', 'Taiyo Holdings', 'Shengyi Technology', 'Nippon Steel Chemical & Material Co., Ltd.', 'LG Chem', 'TUC (Taiflex Scientific Co., Ltd.)'
The rise in demand for electronic devices smartphones, laptops, electric vehicles, and industrial equipment is significantly driving the CCL market. Copper clad laminates are essential in printed circuit boards (PCBs), which are the backbone of these electronic products. In 2024, the global rollout of 5G infrastructure and the copper clad laminate market growth in EV manufacturing have surged PCB production. For instance, Apple and Samsung increased procurement of high-frequency CCLs to support their new device launches, pushing suppliers like Kingboard Laminates and Nan Ya Plastics to ramp up production capacities.
Shift Toward Halogen-Free and Eco-Friendly CCLs: Environmental awareness and tighter regulations are propelling demand for eco-friendly alternatives. In 2024, many global electronics brands mandated the use of halogen-free, low-VOC copper clad laminates in their supply chains. Companies like Elite Material Co. (EMC) expanded their product lines to include sustainable laminate options, attracting clients aiming to achieve ESG goals and comply with global sustainability standards.
What Drives the Dominance of Electronics and Automotive Sectors in Asia-Pacific's CCL Demand?
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Report ID: SQMIG15K2005
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