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According to a market report by Lucintel, the future of phenolic resin in the global PCB laminate market looks promising with opportunities in communication, consumer electronic, computer/peripheral, aerospace & defense, industrial electronic and automotive applications. The global PCB laminate market in terms of phenolic resin consumption is expected to reach an estimated $0.30 billion by 2028 with a CAGR of 4.8% from 2023 to 2028. The major drivers for this market are increasing demand for phenolic resin in the electrical and electronics industry and growing traction of multilayer PCBs in telecommunication and consumer electronics industries.



Lucintel forecasts that automotive will remain the largest application segment over the forecast period due to its increasing usage in various applications, such as brake pads, engine parts, and body panels, and rising demand for lightweight parts to be used in electric vehicles.



North America will remain the largest region during the forecast period due to increasing consumer electronics and telecommunication industries and growing demand for electric vehicles in the region.  

Arlon EMD, Elite Material, Isola Group, Zhen Ding Technology, Young Poong Electronics, Unimicron Technology, and Samsung Electro-Mechanics are the major suppliers of phenolic resin in the global PCB laminate market.



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities for phenolic resin in the global PCB laminate market by application and region. Lucintel has compiled a comprehensive research report titled “Growth Opportunities for Phenolic Resin in the Global PCB Laminate Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for phenolic resin in the global PCB laminate market by application and region, as follows:

 


Phenolic Resin in the Global PCB Laminate Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:




  • Communications


  • Consumer Electronics


  • Computers/Peripherals


  • Aerospace & Defense


  • Industrial Electronics


  • Automotive



Phenolic Resin in the Global PCB Laminate Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:




  • North America


  • Europe


  • Asia Pacific


  • The Rest of the World



This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.

 


About Lucintel



Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 


This report answers the following 11 key questions:



Q.1. What are some of the most promising, high-growth opportunities for phenolic resin in the global PCB laminate market by application (communications, consumer electronics, computer/peripheral, aerospace & defense, industrial electronics, and automotive) and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity did occur in the last five years and how did they impact the industry?