Dublin, Oct. 01, 2021 (GLOBE NEWSWIRE) -- The "5G Substrate Materials Market - A Global and Regional Analysis: Focus on Product, Application and Country-Wise Analysis - Analysis and Forecast, 2021-2031" report has been added to ResearchAndMarkets.com's offering.
The global 5G substrate materials market is expected to reach $1,624.3 million by 2031, with a CAGR of 24.1% during the forecast period 2021-2031. The growth in the market is expected to be driven mainly by growing investments toward the adoption and deployment of 5G communication across the globe.
Market Highlights by Segment
5G smartphone industry is one of the most significant end-use applications of advanced substrate materials. New 5G smartphones require 4X4 multiple-input and multiple-output (MIMO), 8x8 MIMO, or even more complex MIMO antenna arrays to work on the mm-wave frequency range. Companies are developing more advanced and compact-sized antennas that work on the 5G frequency spectrum. With a growing number of smartphone users, the demand for substrate material is also expected to grow in this application.
In the emerging 5G era, 5G infrastructure and component materials are in high demand in the market. Organic laminates cover thermosetting insulating materials used in flexible copper-clad laminates and rigid copper-clad laminates as raw materials for circuit boards. Organic laminates consist of polytetrafluoroethylene (PTFE), liquid crystal polymer (LCP), polyimide (PI), polyether ether ketone (PEEK), and other substrate materials used in the realization of 5G technology. These materials find their applications in various end-use applications such as smartphones and base station antennas.
China is the largest consumer of 5G substrate materials, majorly due to the growing number of 5G base stations and the presence of various smartphone manufacturers such as Huawei and Apple.
Key Company Profiles & Competitive Benchmarking
Asahi Glass Company (AGC) Inc.
DuPont de Nemours Inc.
Showa Denko Materials Co. Ltd.
Kuraray Co. Ltd.
Sumitomo Chemical Co. Ltd.
The Chemours Company
Toray Industries Inc.
Taiwan Union Technology Corporation
Ventec International Group
Key Questions Answered in the Report
Which factors are expected to impact the global 5G substrate materials market?
What is the global 5G substrate materials market size in terms of revenue from 2021 to 2031?
How much revenue is expected to be generated by different types of 5G substrate materials?
Which 5G substrate materials application is expected to be dominant in the forecast period 2021-2031?
Which companies are the major players in the global 5G substrate materials market, and what are the key market strategies adopted by them?
Key Topics Covered
1.1 Industry Outlook
1.1.1 Trends: Current and Future
188.8.131.52 Metamaterials Poised to Be the Game Changers for 5G Communications and Beyond
184.108.40.206 5G in mm-Wave Spectrum Gains Traction
220.127.116.11 Investment Toward Research and Development of 6G Technology
1.1.2 Supply Chain Analysis
1.1.3 COVID-19 Impact on 5G Industry
1.1.4 Industry Attractiveness
18.104.22.168 Threat of New Entrants
22.214.171.124 Bargaining Power of Buyer
126.96.36.199 Bargaining Power of Supplier
188.8.131.52 Threat of Substitute
184.108.40.206 Intensity of Competitive Rivalry
1.2 Business Dynamics
1.2.1 Business Drivers
220.127.116.11 Development of High-Performance Advanced Materials Enabling the Roll Out of 5G Technology
18.104.22.168 Countries Rapidly Investing in Deployment of 5G Network Across the Globe
22.214.171.124 Growth of Internet Users and Edge Computing Devices
1.2.2 Business Challenges
126.96.36.199 High Cost of 5G Substrate Materials Impacting the Growth of the Market
188.8.131.52 Delays in Spectrum Allocation and Deployment Expected to Impact the Demand for 5G Substrate Materials
184.108.40.206 Various Technical Challenges Faced by the Manufacturing Companies
220.127.116.11 Slower Transition from Older Communication Generation to 5G Technology
1.2.3 Business Strategies
18.104.22.168 Product Developments
22.214.171.124 Market Developments
1.2.4 Corporate Strategies
1.2.5 Business Opportunities
126.96.36.199 Countries at a Nascent Stage of 5G Roll Out Expected to Introduce Growth Opportunities for Material Manufacturers
188.8.131.52 Companies Ramping up their Manufacturing Units Will create Opportunities for Stakeholders in the Market
2.1 Global 5G Substrate Materials Market - Applications and Specifications
2.1.2 Base Station
2.2 Demand Analysis of the Global 5G Substrate Materials Market (by Application), Volume and Value Data
3.1 Global 5G Substrate Materials Market - Products and Specifications
3.1.1 Organic Laminates
184.108.40.206 Polytetrafluoroethylene (PTFE)
220.127.116.11 Polyimide (PI)
18.104.22.168 Liquid Crystal Polymer (LCP)
3.2 Demand Analysis of the Global 5G Substrate Materials Market (by Type), Volume and Value Data
3.3 Patent Analysis
3.3.1 Leading 5G Patent Countries (by Patent Applications)
3.3.2 Leading 5G Innovation Areas
3.3.3 6G Patent Analysis
4.1 North America
22.214.171.124 Key Manufacturers and Suppliers in North America
126.96.36.199 Business Challenges
188.8.131.52 Business Drivers
4.1.4 North America: Country Level Analysis
184.108.40.206.1.1 Buyer Attributes
220.127.116.11.1.2 Business Challenges
18.104.22.168.1.3 Business Drivers
22.214.171.124.1.1 Buyer Attributes
126.96.36.199.1.2 Business Challenges
188.8.131.52.1.3 Business Drivers
4.5 Asia-Pacific and Japan
5 Markets - Competitive Benchmarking & Company Profiles
5.1 Competitive Benchmarking
5.1.1 Competitive Position Matrix
5.2 Company Profiles
6 Research Methodology
6.1 Data Sources
6.1.1 Primary Data Sources
6.1.2 Data Sources
6.2 Data Triangulation
6.3 Market Estimation and Forecast
6.3.1 Factors for Data Prediction and Modeling
For more information about this report visit https://www.researchandmarkets.com/r/zb7d90
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