Copper Clad Laminate Market Updates

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.

Copper Clad Laminate Market News

in Copper Clad Laminate Market
  • In January 2024, Isola Group, a prominent manufacturer of high-performance laminates, merged with Advanced PCB Materials, a company specializing in halogen-free CCLs. This strategic merger aims to strengthen their position in the growing demand for eco-friendly CCLs in industries like consumer electronics, automotive, and telecommunications. The merger allows the companies to enhance their technological capabilities in producing halogen-free and high-frequency laminates that comply with stricter environmental regulations and performance standards.
  • In February 2024, Kingboard Laminates announced a partnership with Tesla to supply advanced copper clad laminates (CCLs) for Tesla's electric vehicles. This collaboration focuses on providing high-performance, heat-resistant CCLs used in battery management systems (BMS) and electronic control units (ECUs). The deal marks Kingboard's entry into the rapidly growing EV market and its focus on meeting Tesla’s increasing demand for high-quality, sustainable materials.
  • In March 2024, EcoCircuit Materials, a startup specializing in sustainable CCLs, formed a strategic partnership with LG Electronics. This collaboration is aimed at developing bio-based copper clad laminates using recycled copper and bio-resins for use in consumer electronics and home appliances. The partnership is part of LG's broader efforts to meet sustainability goals and reduce the carbon footprint of its products.

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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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Global Copper Clad Laminate Market
Copper Clad Laminate Market

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