Home > Chemicals & Materials > Advanced Materials > Functional Materials > Circuit Materials Market

Circuit Materials Market Trends

Report ID: GMI8115
Published Date: Feb 2024
Report Format: PDF

Download Free Sample

Circuit Materials Market Trends

The circuit materials industry is witnessing several key trends shaping its trajectory. One prominent trend is the increasing demand for high-frequency materials driven by the proliferation of 5G technology and the Internet of Things (IoT), necessitating materials capable of supporting faster data transmission and signal integrity. Additionally, there is a growing focus on environmentally friendly materials and sustainable manufacturing practices, reflecting broader industry trends towards greener electronics.

Another notable trend is the rising adoption of flexible and stretchable circuit materials to support the development of wearable devices, smart textiles, and flexible electronics. Moreover, advancements in additive manufacturing techniques, such as 3D printing, are enabling the production of complex circuit structures and customized solutions, fueling innovation in the circuit materials industry. Overall, these trends underscore the dynamic nature of the market and the ongoing efforts to meet evolving technological and environmental demands.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

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.

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.

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.