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Copper Clad Laminate Industry has Entered New Round of Growth
October 1, 2015 | PRNewswireEstimated reading time: 1 minute
Copper clad laminate (CCL), a base material for electronics industry and an important raw material for the manufacturing of printed circuit board (PCB), is widely used in electronic products, including TV, radio, computer, and mobile communications.
In 2014, global CCL output witnessed a year-on-year growth of 7.1% to 760 million square meters, of which 520 million square meters were produced in China, accounting for 68.4% of the global total.
Glass-fabric-base CCL and paper-base CCL are two products that have the largest output in China, separately making up 61.4% and 16.5% of China's total CCL output in 2014.
The Chinese CCL market is highly concentrated, with CR5 in CCL industry standing at 68.0% in 2014. Kingboard Chemical ranked first with a market share of 29.3%, followed by Shengyi Technology (14.8%) and ITEQ Corporation (9.3%).
The CCL industry has entered a new round of growth in recent years, and two regions in Asia- China and Southeast Asia have become the fastest-growing ones. Relevant manufacturers have successively taken measures like capacity expansion and acquisitions to strengthen their CCL business.
Shengyi Technology Co., Ltd.: In Aug 2015, the company announced a capital increase of RMB500 million into its holding subsidiary- Shengyi Technology (Suzhou) Co., Ltd to meet the latter's capital demand for building 11 million m2 CCL and 24 million m2 bonding sheet project.
Guangdong Chaohua Technology Co., Ltd.: In Aug 2015, the company acquired a 51% stake in Zhuhai ATEM Electronic Technology Co., Ltd., which specializes in flexible CCL and is one of few domestic adhesive-free flexible CCL manufacturers.
Goldenmax International Technology Ltd.: Phase I of 10.20 million pcs/a medium and high-grade CCL and 6 million m2 prepreg production line project" was completed and went into production in Oct 2014; Phase II was completed and placed in operation in Apr 2015.
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