DUBLIN--(BUSINESS WIRE)--The "Circuit Materials Market - By Material Class, By Application And By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.
The global Circuit Materials market, which accrued nearly 5,782 (USD Billion) in 2019, is set to record the CAGR of nearly 4.1% over the period from 2020 to 2026.
Circuit materials are fitted on the printed circuit board and can link the various parts of circuit together in order to form an assembly or a working circuit. These materials help in designing and producing complex circuits for delivering high-performance services to the customers. They offer outstanding functional performance along with high reliability. In addition to this, they facilitate the creation of thin high-density solderable electric interconnection for single as well as double-sided, multilayered, and rigid flex applications. Apparently, these products find a slew of applications in many of the electronic items as well as in passive switch boxes.
Market Growth Dynamics
The growth of the market over the forecast timespan is attributed to technological breakthroughs in the electronics & electrical industry. In addition to this, escalating demand for consumer electronics products like smartphones, iPhone, and LCD televisions will shape the market trends. Apart from this, escalating consciousness among the end-users pertaining to bio-compatibility of the materials used in the printed circuit boards will further enlarge the market demand. Furthermore, the compact design & reduced mass of the circuit materials will create new horizons of the growth for the circuit materials industry over the forecast timeline.
Moreover, a paradigm shift witnessed in the materials used in the production of consumer electronics goods for enhancing its longevity, efficiency, lifespan, and durability will help in increasing the product penetration in various electric & electronics industries across the globe. The use of the circuit materials in smart tablets and internet equipment will offer new growth opportunities for the market over the coming years. Excellent product features including rust resistance and increasing of the shelf life of the electronic equipment can contribute towards the market growth over the upcoming years. The ability to offer enhanced conductivity on compact printed circuits in electronics items will proliferate the market size over the years to come.
Asia Pacific Market To Register Huge Growth Over Forecast Timeline
The growth of the market in the Asia Pacific zone over the assessment period is attributed to high product demand in electronics, automotive, and communications sectors. Apart from this, presence of key manufacturers like ITEQ Corporation, Shengyi Technology, and Kingboard Laminates in the reion will enlarge the business space in the region. With IoT, AI, VR, and AR gaining massive popularity, and becoming catchphrases & key trends of the consumer electronics goods manufacturing sector in countries like India and China, the regional market expansion is likely to gain traction in the coming decade.
Key Topics Covered:
2. Executive Summary
2.1. Circuit Materials Market, 2016-2026(USD Billion)
2.2. Circuit Materials Market: Snapshot
3. Global Circuit Materials Market- Industry Analysis
3.1. Circuit Materials Market: Market Dynamics
3.2. Market Drivers
3.2.1. Escalating demand for consumer electronics products like smartphones, iPhone, and LCD televisions will shape the market trends in the coming years.
3.2.2. The ability to offer enhanced conductivity on compact printed circuits in electronics items will pruliferate the market size over the years to come.
3.3. Porter's Five Forces Analysis
3.4. Market Attractiveness Analysis
3.4.1. Market attractiveness analysis By Material Class
3.4.2. Market attractiveness analysis By Substrate
3.4.3. Market attractiveness analysis By Conducting Material
3.4.4. Market attractiveness analysis By Outer Layer
3.4.5. Market attractiveness analysis By Application
4. Global Circuit Materials Market- Competitive Landscape
4.1. Company market share analysis
4.2. Strategic development
4.2.1. Acquisitions & mergers
4.2.2. New Species launches
4.2.3. Agreements, partnerships, collaborations, and joint ventures
4.2.4. Research and development and Regional expansion
4.3. Price trend analysis
5. Global Circuit Materials Market-Material Class Analysis
5.1. Global Circuit Materials Market overview: By Material Class
5.3. Conducting Material
5.4. Outer Layer
6. Global Circuit Materials Market- Substrate Analysis
6.1. Global Circuit Materials Market overview: By Substrate
7. Global Circuit Materials Market- Conducting Material Analysis
7.1. Global Circuit Materials Market overview: By Conducting Material
8. Global Circuit Materials Market- Outer Layer Analysis
8.1. Global Circuit Materials Market overview: By Outer Layer
8.2. Liquid Ink Photoimageable Sulder Mask
8.3. Dry Film Photoimageable
9. Global Circuit Materials Market- Application Analysis
9.1. Global Circuit Materials Market overview: By Application
9.3. Industrial Electronics
9.4. Aerospace & Defense
10. Company Profiles
10.1. ITEQ Corporation
10.2. Shengyi technology
10.3. Kingboard Laminates
10.4. Eternal Materials
10.6. Jinan Guoji technology
10.7. Taiflex Scientific
10.8. Rogers Corporation
10.9. Nikkan Industries
10.10. Isula Group
For more information about this report visit https://www.researchandmarkets.com/r/8mnpaq