According to a new market report published by Lucintel, the future of the low dielectric resin market looks promising with opportunities in the PCB, wire & cable, antenna, microelectronics, and radome applications. The low dielectric resin market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to grow with a CAGR of 3% to 5% from 2020 to 2025. The major growth drivers for this market are increasing demand for high performance PCB and growth in wire & cable market.
Browse 125 market data tables and 148 figures spread through 226 pages and in-depth TOC on “Low Dielectric Resin Market”
To download report brochure, please go to https://www.lucintel.com/low-dielectric-resin-market.aspx and click “report brochure” tab from the menu .
In this market, fluoropolymer, cyanate ester, cyclic olefin copolymer, m-PPE, polyimide, and PET resins are used in low dielectric applications. Lucintel forecasts that fluoropolymer will remain the largest resin type and witness the highest growth over the forecast period supported by increase in demand for high performance PCB, wire & cable, and antenna applications.
Within the low dielectric resin market, PCB will remain the largest application during the forecast period due to increase in demand of high performance PCB in communication, defense, aerospace, and marine industries. Lucintel predicts that the antenna application is expected to witness the highest growth over the forecast period due to high growth in communication, portable and military devices.
Asia Pacific is expected to remain the largest market and witness the highest growth over the forecast period supported by due to increasing production of electrical and electronics devices in China, South Korea, Taiwan, and Japan.
Emerging trends, which have a direct impact on the dynamics of the industry, include increasing uses of low dielectric resin in microfluidic chips for medical device and low dielectric resin in high speed PCBs for low signal loss and high frequency. Huntsman, Lonza Group, Zeon, SABIC, and Chemours are among the major manufactures of low dielectric resin.
Lucintel, the leading global strategic consulting and market research firm, has analyzed growth opportunities in the low dielectric resin market by resin type, by application, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Low Dielectric Resin Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This 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 a forecast for the low dielectric resin market by application, by resin type, and region as follows:
By Resin Type [Volume (M lbs) and $M shipment analysis for 2014 – 2025]:
Fluoropolymer Cyanate Ester Cyclic Olefin Copolymer m-PPE Polyimide PET Others
By Application [Volume (M lbs) and $M shipment analysis for 2014 – 2025]:
PCB Wire & CableAntennaMicroelectronicsRadome Others
By Region [Volume (M lbs) and $M shipment analysis for 2014 – 2025]:
North AmericaUSCanadaMexicoEuropeGermanyUnited KingdomFranceAsia PacificChinaSouth KoreaTaiwanJapanIndiaThe Rest of the WorldCentral and South AmericaMiddle East and Africa
This 226-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 click on this link https://www.lucintel.com/low-dielectric-resin-market.aspx or firstname.lastname@example.org.
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It 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.