Global Copper Clad Laminates Market Report and Forecast 2025-2034

Global Copper Clad Laminates Market Outlook

The global copper clad laminates market size is projected to grow at a CAGR of 6.2% in the forecast period of 2024-2032. The market growth is being driven by surging demand for printed circuit boards and thriving consumer electronics market.

Key Trends in the Market

Copper clad laminates (CCL) refer to the materials used in the manufacturing of printed circuit boards (PCBs). A layer of copper foil is bonded to a substrate such as paper or fibreglass in a plate-like structure and circuit patterns are etched on top of the copper foil. Copper clad laminates provide a strong mechanical base for PCBs and are a good electrical conductor, supporting improved signal transmission of the PCBs.

• Increasing demand for a wide range of consumer electronics and consumer appliances is driving the copper clad laminates market growth. With rising disposable incomes worldwide and growing affordability of devices such as smartphones, the demand for copper clad laminates in consumer electronics is rising.

• The growing focus on sustainability and awareness regarding the impact of electronic waste is a key trend in the market for copper clad laminates. To mitigate the impact of electronic waste, more manufacturers are investing in production of CCLs that are recyclable and made from recycled materials.

• Advancements in copper clad laminate capabilities and increasing applications are further augmenting the copper clad laminates market demand. New technologies such as high-speed and multilayer copper clad laminates are expanding the potential of copper clad laminates, enabling the development of advanced PCBs and versatile applications.

Market Analysis

Based on type, the market is bifurcated into rigid and flexible. On the basis of reinforcement material, the market is divided into glass fibre, paper base, and compound materials. By resin type, the copper clad laminates market segmentation is epoxy, phenolic, and polyimide, among others. Based on application, the market is categorised into computers, communication systems, consumer appliances, vehicle electronics, healthcare devices, and defence technology. The regional markets for copper clad laminates are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the copper clad laminates global market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

• Shengyi Technology Co., Ltd.

• Doosan Corporation Electro-Materials 

• Kingboard Laminates Holding Ltd.

• ITEQ CORPORATION

• Wuxi Hongren Electronic Material Technology Co., Ltd.

• AGC Inc.

• Goldenmax International Technology Ltd.

• Chang Chun Group

• Panasonic Holdings Corporation

• DuPont de Nemours, Inc.

• Others

Market Share by Type

Rigid type of copper clad laminates occupy a significant portion of the copper clad laminates market share, supported by their widespread use across various applications. The rigid nature of these laminates provides them with greater strength and the ability to withstand more stress, thereby improving their durability. Rigid copper clad laminates have a longer lifespan and are more cost effective because of easier manufacturing processes and requirement of less materials. Some common applications of rigid CCLs include automotive electronics, computers, and mobile phones. However, the demand for flexible type of copper clad laminates is anticipated to rise in the coming years, driven by increasing demand for flexible and lightweight electronics.

Market Share by Region

At a regional level, the Asia Pacific accounts for a sizable share of the global copper clad laminates market, fuelled by the presence of well-established manufacturing hub for various electronics. Increasing development of consumer electronics, computers, vehicles, consumer appliances, and communication systems are surging the demand for quality copper clad laminates in the region. Presence of key players in the market is further increasing the market share of the Asia Pacific, by providing a streamlined supply chain for various manufacturing processes. Increasing adoption of 5G communications networks, rising disposable income, and surging vehicle production, including electric vehicles, is also aiding the growth of the copper clad laminates market in the Asia Pacific.

Competitive Landscape

Shengyi Technology Co., Ltd., an international supplier of materials for electronic circuit boards was established in 1985 and is currently based in Dongguan in China. The versatile solutions offered by the company include communication networks, automotive electronics, aerospace, industrial control, consumer electronics, and supercomputing and servers.

Doosan Corporation Electro-Materials is an electrical, electronics, and appliances manufacturer which was founded in 1974 and has headquarters in Seoul, South Korea. The company is involved in the development and manufacturing of table PCs and smartphones, and core materials such as semiconductors, automobiles, CCL, and LCDs.

Kingboard Laminates Holding Ltd., based in Shatin, Hong Kong, and established in 1988, is a manufacturer of electronic materials. With a business model of vertical integration, the company has a diversified portfolio of chemicals, laminates, printed circuit boards, and real estate properties, and focuses on production.

Other market players include ITEQ CORPORATION, Wuxi Hongren Electronic Material Technology Co., Ltd., AGC Inc., Goldenmax International Technology Ltd., Chang Chun Group, Panasonic Holdings Corporation, and DuPont de Nemours, Inc., among others.

Key Highlights of the Report