Copper Clad Laminates Market Size, Growth, Opportunities, Top Manufacturers, Share, Trends, Segmentation, Regional Analysis, and Forecast to 2027

Copper Clad Laminates Market Size, Growth, Opportunities, Top Manufacturers, Share, Trends, Segmentation, Regional Analysis, and Forecast to 2027

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The Copper Clad Laminates Market is experiencing steady growth owing to the expanding electronics industry. With applications in PCBs, consumer electronics, and automotive electronics, the market is driven by technological advancements and demand for high-performance materials.

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 by 2027, at a CAGR of 5.7%. Copper clad laminate or CCL is a type of PCB material made using reinforcement materials like glass fibre, paper, or other materials, impregnated with resin adhesive like epoxy, phenolic etc and covered with copper foil on either side or one side. Copper clad laminates are used by printed circuit board fabricators to create a variety of boards, notably single-layer, double-layer, and multi-layered boards. Radios, computers, televisions, mobile devices, and many more electronic assemblies all use copper clad laminates.

Copper-clad laminates have various applications like computers, communication systems, consumer appliances, vehicle electronics, healthcare devices and defence technology.

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The demand for copper-clad laminates is mainly furnished by global players manufacturing for various end-use industries. 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.

Kingboard Laminates Holdings Ltd. (China) manufactures copper clad laminates and produces component materials such as copper foil, glass yarn, glass fabric, bleached kraft paper, epoxy resin, and glass fabric. The group also manufactures laminate goods, such as glass epoxy and flame-resistant paper laminates. The group runs more than 20 factories in southern and eastern China. The company also produces and sells chemicals, glass fabric, bleached kraft paper, and other products through its subsidiaries.

Shengyi Technology Co., Ltd (China), is a manufacturer of electronic circuit base materials. The company produces high-end electronic materials such as CCL, prepreg, insulation boards, metal-based CCL, resin-coated copper (RCC). Products are mostly used to create multi-layer boards and PCBs with single and double sides. The company has headquarters in China.

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Nan Ya Plastics Corporation (Taiwan), manufacturers plastic products, chemicals, electronic materials, fibres & textiles, and machinery & switchgear. It is a major producer of copper clad laminates and polyester fibres for use in electronic materials. The products manufactured find use in different industries such as transport materials, household items, building material coatings, 3C appliances, industrial applications, civil farms, outdoor sports, etc. The company has operations in China with dealers worldwide.

Other companies have initiated the following developments:

In March 2022, Taiwan Union Technology Corporation (TUC) collaborated with IEC to provide best quality to the PCB sector due to the extensive experience and an emphasis on research & development.

  • In May 2017, Nan Ya Plastics expanded its business through an investment in a Texas plant to increase its copper foil production. The company increased its investments in its Texas-based business facility in Point Comfort, with USD 177.8 million.
  • In October 2022, Taiwan Union Technology Corporation 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 October 2021, Taiwan Union Technology Corporation launched ThunderClad 200G/400G/800G, new advanced materials for high-speed and high-frequency applications to meet the needs of 5G.
  • In February 2021, 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 millimetre-wave antennas.

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