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The circuit materials industry is driven by a handful of key players who lead the industry with their innovative products and extensive market reach. DuPont, a global leader in materials science, stands at the forefront with its diverse portfolio of advanced materials and cutting-edge technologies tailored for the electronics industry. Isola Group, renowned for its high-performance laminates and materials, maintains a strong presence in the market, meeting the stringent demands of various sectors with its quality products.
Additionally, ITEQ Corporation has carved a niche for itself as a reliable supplier of circuit materials, particularly excelling in high-frequency applications where precision and reliability are paramount. Kingboard Laminates Holdings Ltd distinguishes itself with its comprehensive range of laminates and substrates, catering to the diverse needs of customers across the globe. These companies collectively drive innovation, set industry standards, and play integral roles in shaping the circuit materials market.
Among these top players, Mitsubishi Materials Corporation stands out for its significant contributions to the advancement of electronic materials. Leveraging its expertise in materials science, Mitsubishi Materials delivers innovative solutions tailored to electronic applications, addressing evolving market needs and pushing the boundaries of circuit materials technology. With a focus on quality, reliability, and performance, Mitsubishi Materials remains a trusted partner for manufacturers across industries, driving the adoption of advanced materials in electronic devices. Together, these top companies exemplify excellence in the market, driving growth, innovation, and competitiveness while meeting the evolving demands of the electronics industry.
Major companies operating in the circuit materials industry include:
North America market generated a revenue of USD 10 billion in 2023, attributed the robust and technologically advanced electronics sector, with established players and leading semiconductor manufacturers in the region.
DuPont, Isola Group, ITEQ Corporation, Kingboard Laminates Holdings Ltd, Mitsubishi Materials Corporation, Nikkan Industries Co. Ltd, Panasonic Corporation, Rogers Corporation, Shengyi Technology Co. Ltd., and Taiflex Scientific Co. Ltd.
Conducting material segment was worth USD 17.3 billion in 2023, favored by the increasing demand for high-performance materials capable of conducting electrical currents efficiently and reliably.
The market size of circuit materials reached USD 38 billion in 2023 and is set to witness over 4.3% CAGR between 2024 and 2032, propelled by a wide range of materials used in the manufacturing of printed circuit boards (PCBs) and other electronic components.