The global low dielectric materials market size is expected to reach USD 2,153 million by 2030, according to a new study by Polaris Market Research. The report “Low Dielectric Materials Market Share, Size, Trends, Industry Analysis Report, By Type (Thermoset, Thermoplastic, and Ceramics); By Material Type; By Application; By Region; Segment Forecast, 2022-2030″ gives a detailed insight into current market dynamics and provides analysis on future market growth.
The primary market drivers for low-dielectric materials include the rising demand for the production of electronic components such as PCBs & micro-electronics. Furthermore, increased aviation traffic has increased the global need for antennas and randoms, increasing demand for low-dielectric during the forecast period. The fundamental reason for the rapid rise of dielectric materials is their high heat resistance capacity. However, the high cost of traditional materials is projected to become a significant barrier to market expansion in the forecasted period.
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Furthermore, high-speed communication devices necessitate high-performance polymers with low dielectric constants and low dielectric loss. Low dielectric constant resins are becoming more popular in these applications because of the development of the 5G network. Low dielectric loss resins are ideal for cables, antenna interlayers, and communication equipment use. Because of these properties, the low-dielectric materials market is expected to increase demand for various low-dielectric coefficient ceramics and resins.
Low Dielectric Materials Market Report Highlights
- The thermoplastic sub-segment by solution is anticipated to grow at a significant CAGR. Thermoplastic resins are gaining popularity due to their exceptional heat resistance. These materials do not change shape when heated and have excellent dielectric properties, such as a low dielectric constant and high data transmission capabilities, they are the fastest-growing segment in the common dielectric materials market.
- The PCBs segment is anticipated to grow at a steady rate. Low constant values are more preferable for high frequency & power applications to minimize power loss. For small capacitance applications, high di-electric constant values are recommended.
- Asia-Pacific is expected to dominate the global market as a result of its thriving electronics industry. The region’s electronics industry is growing due to increased digitization, FDI investment, and urbanization. With a rapidly expanding industry, China dominates the renewable energy generation sector.
- There are several companies in the global market, including Arxada, Circuit Components Supplies, Daikin Industries, Shin-Etsu Chemical, DIC Corporation, Dow, Fluorocarbon, Solvay, Huntsman Corporation, Olin Corporation, Nanjing Qingyan Polymer New Materials, Polyclean Technologies., Polyonics, Sabic, Showa Denko Material, Solvay, Chemours Company, Topas Advanced Polymers, Victrex, and Zeon Corp.
Polaris Market Research has segmented the low dielectric materials market report based on type, material type, application, and region:
Low Dielectric Materials Market, Type Outlook (Revenue – USD Million, 2018 – 2030)
Low Dielectric Materials Market, Material Type Outlook (Revenue – USD Million, 2018 – 2030)
- Modified Polyphenylene Ether
- Liquid Crystal Polymer
- Cyanate Ester
- Cyclic Olefin Copolymer
Low Dielectric Materials Market, Application Outlook (Revenue – USD Million, 2018 – 2030)
- Wire & Cable
Low Dielectric Materials Market, Regional Outlook (Revenue – USD Million, 2018 – 2030)
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa