Global PCB Laminates Market is valued USD XX Billion in 2019 and is projected is to exhibit XX% CAGR during the forecast period. The market is projected to be around USD XX Billion by 2026. The market is driven by the increase in demand of the automotive industry.

PCB is a thin board, made of fiberglass, composite epoxy, or other laminate material, which holds all Electronic components through a circuit embossed over it. It can have conductors on one side or two sides, and it can be multi-layer.
PCB Laminates Market Dynamics
The PCB laminate market is expected to grow during the forecast period due to growth in demand for 3C applications (communication, computer/peripheral, and consumer electronics), development in PCB technologies, and enhanced demand for aerospace & defense products. Advancement in touchscreen tablets, smartphones, and laptops and a surge in demand for consumer electronics are supposed to drive the market.

At the same time, signal interruption in PCB at high temperature hinders the market growth. Furthermore, improvement in printing technologies of PCB is supposed to present an opportunity for market development.
PCB Laminates Market Insight
Asia-Pacific is the largest market for PCB Laminates. The Asia-Pacific includes China, Japan, India, South Korea, and Rest of Asia-Pacific. The automotive industry in Asia-Pacific is growing at a fast pace due to the increase in production in developing nations such as China and India. The demand for technologically advanced cars is increasing with the growth of the information and communication technology (ICT), automotive, and transportation industries, resulting in the rising demand for PCB components. The PCB Laminates market in Asia-Pacific is projected to register a CAGR of 4.102% during the forecast period.
PCB Laminates Market Segmentation
The global PCB Laminates market is segmented into type, material, application, and region. On the basis of the type the market is further bifurcated into polyimide, FR-4, CEM, paper, others. The market based on material is segmented into glass fabric, epoxy resin, kraft paper, and phenolic resin. The market based on application is segmented into automotive, communications, industrial electronics, consumer electronics, aerospace & defense, others. Based on the region the market is further segregated into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.
PCB Laminates Market Competitive Landscape
The players associated with the global PCB Laminates market include Unimicron Technology Corp., Nippon Mektron, Samsung Electro-Mechanics, Zhen Ding Technology Holding Limited, Young Poong, Electronics Co., Ltd., Daeduck Electronics Co., Ltd., Ibiden Co., Ltd., Tripod Technology Corporation, TTM Technologies, Inc., Austria Technologie & Systemtechnik AG.