2024 Global copper clad laminate market share
2024 Global copper clad laminate market share
Copper clad laminate is an important basic material for the electronics industry and one of the PCB board materials. Copper clad laminate and PCB can be used in consumer electronics, automotive electronics, network communications, industrial control and medical, aerospace and other fields.
Global copper clad laminate manufacturers share market share (%)
Market share three major types of special rigid copper cladlaminate manufacturers (%)
From the above chart, it can be seen that Chinese mainland manufacturers lead the global market share in copper-clad laminates (CCL). According to Prismark, the top ten global CCL manufacturers by market share in 2023 were Kingboard (14.6%), Shengyi Technology (14.0%), Taiwan Union Technology Corporation (TUC, 10.3%), Nan Ya Plastics (9.1%), Panasonic (6.7%), ITEQ (6.3%), Taiyo Yuden (4.0%), Doosan Corporation (3.6%), Goldenmax International Group (3.3%), and Nan Ya New Material (3.2%). Among the top ten global manufacturers, Chinese mainland companies—Shengyi Technology, Goldenmax, and Nan Ya New Material—collectively accounted for 20.5% of the global market share. Shengyi Technology, as the world's second-largest CCL manufacturer, holds a leading position in global market share.
However, global demand for high-end CCL products remains to be further developed, with Kingboard and Shengyi Technology leading the high-end segment. The three major categories of specialty rigid CCLs include:
CCL for IC packaging substrates
CCL for RF/microwave circuits
CCL for high-speed digital circuits
According to Prismark, among the top ten manufacturers in the global specialty rigid CCL market in 2023, Taiwanese companies—TUC, ITEQ, and Taiyo Yuden—collectively held 43.0% of the market share, while Japanese manufacturers—Panasonic, Resonac, Mitsubishi Gas Chemical (MGC), and AGC—held 23.9%, indicating that Taiwanese and Japanese manufacturers dominate the high-end CCL sector.
Main business of the world's top ten copper clad laminate manufacturers
No. | Company Name | Main Business |
1 | Kingboard Laminates | Core products include rigid CCL (FR-4, high-Tg, halogen-free), high-frequency/high-speed CCL (for 5G, base stations, servers), and specialty CCL (e.g., high thermal conductivity, metal-based). Holds competitive advantages in consumer electronics and automotive electronics sectors. Subsidiaries (such as Kingboard Chemical and Kingboard Copper Foil) provide full PCB industry chain support, manufacturing and selling multilayer boards, HDI boards, and flexible boards. |
2 | Shengyi Technology | Shengyi Technology independently produces CCL, prepregs, insulating laminates, metal-based CCL, resin-coated copper foil, and cover films. These high-end electronic materials are mainly used for manufacturing single/double-sided PCBs and high-layer PCBs, widely applied in high-performance computing, AI servers, 5G antennas, next-generation communication base stations, mainframe computers, high-end servers, aerospace, chip packaging, automotive electronics, smart home, industrial/medical equipment, home appliances, consumer electronics and various mid-to-high-end electronic products. |
3 | TUC (Taiwan Union Technology Corporation) | TUC is a global leader in high-performance CCL and prepregs, specializing in high-frequency/high-speed, high thermal conductivity, and halogen-free eco-friendly high-end materials. |
4 | Nan Ya Plastics | Nan Ya Plastics Corporation, a core enterprise under Formosa Plastics Group (FPG), operates in petrochemical raw materials, plastic processing, electronic materials and other fields. It is a global leader in CCL and engineering plastics. Core business includes rigid CCL (FR-4, high-Tg, halogen-free), high-frequency/high-speed CCL (for 5G base stations and servers), high thermal conductivity CCL (for automotive electronics and LED heat dissipation), flexible CCL (FCCL, for flexible circuits), copper clad laminate (CCL), fiberglass cloth (for PCB reinforcement), and epoxy resin (key CCL raw material). |
5 | Panasonic | Panasonic Corporation is a leading Japanese multinational in consumer electronics, industrial equipment, automotive technology, and energy solutions. In the CCL and electronic materials market, Panasonic is a core supplier of high-end materials. Core business includes CCL and electronic components such as capacitors, resistors and sensors. |
6 | ITEQ | ITEQ Corporation is a leading Taiwanese high-performance CCL supplier, specializing in high-speed digital circuit materials, high-frequency materials (millimeter wave applications), high thermal conductivity CCL, halogen-free eco-friendly high-end electronic materials, prepregs and specialty application materials like automotive radar substrates. Products are widely used in 5G communications, AI servers, automotive electronics and other fields. |
7 | Taiyo Yuden | Taiyo Yuden is a leading Japanese electronic components and materials manufacturer. Its main businesses include ceramic capacitors, inductors/filters, high-frequency materials, and energy devices. In the CCL field, Taiyo Yuden mainly supplies high-frequency/high-speed materials, though this accounts for a relatively small portion of total revenue. |
8 | DoosanCorporation | Doosan Corporation is a large South Korean multinational conglomerate operating in industrial equipment (construction machinery: excavators, loaders - global top 10 construction machinery brand; gas turbines and power generation equipment for power plants and marine power systems; desalination equipment), energy solutions, engineering machinery, electronic materials and other fields. In the CCL and electronic materials market, its subsidiary Doosan Electronics is a core supplier. |
9 | Goldenmax International Group | Goldenmax International Group is primarily engaged in R&D, production and sales of CCL, the fundamental material for the electronics industry. Main products include various general-purpose CCL series (FR-5, FR-4, CEM-3), aluminum-based CCL, prepregs, as well as specialty series featuring halogen-free environmental protection, high flame retardancy, CAF resistance, high-Tg, and high CTI. These are widely used in home appliances, computers, lighting, automotive, communications and other industries, demonstrating strong industrial stability. |
10 | Nan Ya New Material | The company's core business encompasses the design, R&D, production and sales of composite materials and related products, primarily including CCL (Copper Clad Laminate) and prepregs. |