Copper Clad Laminates Market Opportunities, Growth and Forecasting for next Upcoming Year Until 2027
Copper Clad Laminates Market Opportunities, Growth and Forecasting for next Upcoming Year Until 2027
Stratview Research delivers key insights on the global Copper Clad Laminates Market. According to Stratview Research, the market is estimated to grow at a decent CAGR of 5.1% during the forecast period to reach a value of US$ 310 Million in 2027.
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The present report can be of high utility for the key decision-makers and growth strategists in terms of precise market insights, forthcoming growth opportunities, and key success factors. Especially, the report also analyses and mentions the possible impact of COVID-19 on the market dynamics. This will not only help in mitigating the uncertain business environment, but also help in rearranging the strategies and future- decisions in a fruitful manner.
Key Players
The following are some of the key players in the Copper Clad Laminates Market:
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
Growth drivers and Market Value:
This report, from Stratview Research, studies the Copper Clad Laminates Market value and growth drivers over the trend period of 2022-27. According to the report -
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.
Segment Analysis:
Based on Material Type:
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 2021, 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.
Based on Region:
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.
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FREQUENTLY ASKED QUESTIONS
The report answers several questions related to the market. The user can get to know the answers to the following questions…
- What is the global demand for Copper Clad Laminates Market in terms of revenue?
- Which are the prominent players in the market?
- At what CAGR is the market projected to grow within the forecast period?
- What are the driving factors fuelling the growth of the market?
- Which region accounted for the largest share in the market?
- How did the Covid19 impacted the market?
- How long will it take to recover from the Covid impact?
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