The global demand for Circuit Materials Market is presumed to reach the market size of nearly USD 47.45 BN by 2030 from USD 34.17 BN in 2022 with a CAGR of 4.19% under the study period 2023 - 2030.
Circuit materials, also known as circuit board materials or PCB (Printed Circuit Board) materials, refer to the substrates or insulating materials used in the construction of electronic circuits. These materials serve as the foundation for creating the conductive pathways, or traces, that enable electrical connections between electronic components on a PCB.
The Circuit materials market is experiencing substantial growth driven by various factors aligned with the ever-evolving electronics landscape. Rapid technological advancements and the rollout of 5G networks demand high-performance circuit materials to support faster data transmission and connectivity. Consumer electronics, including smart devices and home automation systems, are fueling the need for compact and high-density circuit boards. The automotive industry increasingly relies on electronic components, driving demand for reliable circuit materials in vehicles. The Internet of Things (IoT) expansion necessitates materials that offer energy efficiency and reliability for connected devices. Miniaturization, high-density packaging, and stringent environmental regulations are pushing the development of eco-friendly and smaller-footprint materials. Electric vehicles, renewable energy systems, data centers, and defense and aerospace applications also contribute to market growth. Emerging technologies like AI, VR, and AR require specialized circuit materials. Furthermore, the COVID-19 pandemic has underscored the importance of resilient supply chains and diversified sources of circuit materials. In this dynamic landscape, circuit material suppliers are continuously innovating to provide materials that meet the performance and reliability demands of modern electronics, resulting in more efficient and advanced electronic devices and systems.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of circuit materials. The growth and trends of circuit materials industry provide a holistic approach to this study.
This section of the circuit materials market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Material Class
By Substrate
By Application
This section covers the regional outlook, which accentuates current and future demand for the Circuit Materials market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Circuit Materials market include Shengyi Technology, Kingboard Laminates, ITEQ Corporation, DowDuPont and Eternal Materials. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . CIRCUIT MATERIALS – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Material Class
3.7.2 Market Attractiveness Analysis By Substrate
3.7.3 Market Attractiveness Analysis By Application
3.7.4 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . GLOBAL CIRCUIT MATERIALS MARKET ANALYSIS BY MATERIAL CLASS
5.1 Overview by Material Class
5.2 Historical and Forecast Data
5.3 Analysis by Material Class
5.4 Substrate Historic and Forecast Sales by Regions
5.5 Conducting Material Historic and Forecast Sales by Regions
5.6 Outer Layer Historic and Forecast Sales by Regions
6 . GLOBAL CIRCUIT MATERIALS MARKET ANALYSIS BY SUBSTRATE
6.1 Overview by Substrate
6.2 Historical and Forecast Data
6.3 Analysis by Substrate
6.4 Fiberglass-Epoxy Historic and Forecast Sales by Regions
6.5 Paper-Phenolic Historic and Forecast Sales by Regions
6.6 CEM Historic and Forecast Sales by Regions
6.7 ...