Global Organic Substrate Packaging Material Market to Grow at 4.5% During 2022-2027, Impelled by Rising Uptake of Portable Electronics

May 19, 2021

According to the latest report by IMARC Group, titled "Organic Substrate Packaging Material Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global organic substrate packaging materials market reached a value of US$ 13.9 Billion in 2021. Organic substrate packaging materials refer to the base materials that are used in semiconductor applications and manufacturing. They are utilized on the foundation layer of printed circuit boards (PCBs) to act as a conductive interconnect between semiconductors and PCBs. They offer exceptional reliability and enhanced electrical performance while facilitating heat, signal and power distribution. They are also lightweight in nature, which enables them to reduce the weight of PCBs, thereby improving their functionality and dimensional control. They are widely composed of organic small molecules or polymers that are polycyclic aromatic compounds. Their utilization aids in reducing the overall environmental impact of PCBs effectively.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Organic Substrate Packaging Material Market Trends:

The global market is primarily driven by the increasing uptake of portable electronic devices and an enhanced focus on sustainable development. With the increasing digitization across numerous industries and the rising penetration of affordable consumer electronics, there has been a growing requirement for organic substrate packaging materials across the globe. Moreover, continual advancements in information and communication technology (ICT) and the rising preference for miniature electronic devices across various industry sectors are also acting as major growth-inducing factors. The market is further driven by the widespread utilization of organic substrate packaging materials in the manufacturing of millimeter-wave automotive radar systems for self-driving automobiles. Some of the other factors contributing to the market include significant growth in the semiconductor industry and the rising employment of these materials in system configuration and integration across multiple sectors. On account of the aforementioned factors, the market is expected to grow at a CAGR of 4.5% during the forecast period (2022-2027).

Market Summary:

  • Based on the technology, the market has been divided into Small Outline (SO) packages, Grid Array (GA) packages, flat no-leads packages, Quad Flat Package (QFP), Dual in-line Package (GIP), and others.
  • On the basis of the application, the market has been classified into consumer electronics, automotive, manufacturing, healthcare, and others.
  • On the geographical front, the market has been segregated into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Latin America (Brazil, Mexico and others), and Middle East and Africa.
  • The competitive landscape of the market has been studied in the report with the detailed profiles of the key players. Some of these players include Amkor Technology Inc., ASE Kaohsiung (Advanced Semiconductor Engineering Inc.), Compass Technology Co. Ltd., Hitachi Chemical Company Ltd. (Hitachi and Showa Denko), Kyocera Corporation, Mitsubishi Corporation, NGK Spark Plug Co. Ltd., Shinko Electric Industries Co. Ltd. (Fujitsu), STATS ChipPAC Pte. Ltd. (Jiangsu Changjiang Electronics Tech. Co.) and WUS Printed Circuit Co. Ltd.
     

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

Global Organic Substrate Packaging Material Market to Grow at 4.5% During 2022-2027, Impelled by Rising Uptake of Portable Electronics
Select Licence Type



Benefits of Customization

Personalize This Research

Triangulate with your Data

Get Data as per your Format and Definition

Gain a Deeper Dive into a Specific Application, Geography, Customer or Competitor

Any level of Personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Bayer AH

It was indeed a great experience to work with IMARC on the assignment on Aqua market. The team had done a fantastic job in terms of what was expected, what was assured and what was the result… the report gave us many insights and market know how which allowed us to work on our strength and define exact strategies…

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More