Circuit Material Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Circuit Material Market is Segmented by Material Type (Conducting Material (Copper and Other Conducting Materials), Outer Layer (Liquid Ink Photo-imageable Solder Mask, Dry Film Photo-imageable and Other Outer Layer Types), and Substrate (Epoxy Materials, Paper Phenolic, and Other Substrates)), Application (Automotive and Aerospace, Communications, Electronics, and Other Applications), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa).

Circuit Material Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Circuit Material Market Size

Circuit Materials Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 4.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Low

Major Players

Circuit Materials Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Circuit Material Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

Circuit Material Market Analysis

The Circuit Material Market is expected to register a CAGR of greater than 4% during the forecast period.

In 2021, the demand for circuit material increased due to surging demand for electronics and electrical equipment and automobiles worldwide. The introduction of electric vehicles in the market, keeping in view the surging prices of the fuels, is expected to increase the demand for circuit material in the future.

  • Increasing applications in the electronics sector and the growing need for communication devices in every region are driving the market's growth.
  • The availability of copper material has decreased, and the associated radiation issues are expected to hinder the market's growth.

Circuit Material Industry Overview

The circuit material market is fragmented, with many players competing in the market. Some of the major companies (not in any particular order) are DuPont, Kingboard Laminates Holdings Ltd, Mitsubishi Materials Corporation, Panasonic Corporation, and Shengyi Technology Co. Ltd.

Circuit Material Market Leaders

  1. Kingboard Laminates Holdings Ltd

  2. Mitsubishi Materials Corporation

  3. Panasonic Corporation

  4. DuPont

  5. Shengyi Technology Co. Ltd

  6. *Disclaimer: Major Players sorted in no particular order
Circuit Materials Market Concentration
Need More Details on Market Players and Competiters?
Download PDF

Circuit Material Market News

  • The recent developments pertaining to the major players in the market are covered in the complete study.

Circuit Material Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Increasing Applications in the Electonic Sector
    • 4.1.2 Other Drivers
  • 4.2 Restraints
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Degree of Competition

5. MARKET SEGMENTATION

  • 5.1 Material Type
    • 5.1.1 Conducting Material
    • 5.1.2 Outer Layer
    • 5.1.3 Substrate
  • 5.2 Application
    • 5.2.1 Automotive and Aerospace
    • 5.2.2 Communications
    • 5.2.3 Electronics
    • 5.2.4 Other Applications
  • 5.3 Geography
    • 5.3.1 Asia-Pacific
    • 5.3.1.1 China
    • 5.3.1.2 India
    • 5.3.1.3 Japan
    • 5.3.1.4 South Korea
    • 5.3.1.5 Rest of Asia-Pacific
    • 5.3.2 North America
    • 5.3.2.1 United States
    • 5.3.2.2 Canada
    • 5.3.2.3 Mexico
    • 5.3.3 Europe
    • 5.3.3.1 Germany
    • 5.3.3.2 United Kingdom
    • 5.3.3.3 France
    • 5.3.3.4 Italy
    • 5.3.3.5 Rest of Europe
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle-East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 South Africa
    • 5.3.5.3 Rest of Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share (%)/Ranking Analysis**
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 DuPont
    • 6.4.2 Isola Group
    • 6.4.3 ITEQ Corporation
    • 6.4.4 Kingboard Laminates Holdings Ltd
    • 6.4.5 Mitsubishi Materials Corporation
    • 6.4.6 Nikkan Industries Co. Ltd
    • 6.4.7 Panasonic Corporation
    • 6.4.8 Rogers Corporation
    • 6.4.9 Shengyi Technology Co. Ltd
    • 6.4.10 Taiflex Scientific Co. Ltd
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Increasing Demand for Automobiles and Smart Electronic Devices
  • 7.2 Other Opportunities
**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Circuit Material Industry Segmentation

Typically, circuit materials are a flat laminated composite comprised of non-conductive substrate materials with layers of copper circuitry concealed internally or on external surfaces. They can be as simple as one or two layers of copper or as complex as 50 layers or more in high-density applications. The circuit material market is segmented by material type, application, and geography.

Material Type Conducting Material
Outer Layer
Substrate
Application Automotive and Aerospace
Communications
Electronics
Other Applications
Geography Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle-East and Africa Saudi Arabia
South Africa
Rest of Middle-East and Africa
Need A Different Region or Segment?
Customize Now

Circuit Material Market Research FAQs

What is the current Circuit Material Market size?

The Circuit Material Market is projected to register a CAGR of greater than 4% during the forecast period (2025-2030)

Who are the key players in Circuit Material Market?

Kingboard Laminates Holdings Ltd, Mitsubishi Materials Corporation, Panasonic Corporation, DuPont and Shengyi Technology Co. Ltd are the major companies operating in the Circuit Material Market.

Which is the fastest growing region in Circuit Material Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Circuit Material Market?

In 2025, the Asia Pacific accounts for the largest market share in Circuit Material Market.

What years does this Circuit Material Market cover?

The report covers the Circuit Material Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Circuit Material Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Circuit Material Industry Report

Statistics for the 2025 Circuit Material market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Circuit Material analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.