5G Substrate Materials Global Market Report 2022: Growth | Jobs Reply


Dublin, Dec 23, 2022 (GLOBE NEWSWIRE) — The “5G Substrate Materials Market – Global Industry Size, Share, Trends, Opportunities and Forecasts, 2018-2028, Segmented By Material (Polytetrafluoroethylene, Polyimide, Liquid Crystal Polymer, Others), By Application (Smartphones, Base Station, Other), By Region and Competition” was added to the report ResearchAndMarkets.com Offer.

The global 5G substrate materials market is expected to grow at an impressive rate until 2028. This is due to the growing investments in the adoption and deployment of 5G communications around the world. Globally, China and the United States are well ahead of other nations in their 5G rollout, with a total of 652 cities, including 356 cities in China and 296 cities in the United States, respectively.

Also, the growing need for the development of advanced high-performance materials that enable the deployment of 5G technologies is expected to support the market growth in the coming years. In addition, the global increase in the number of Internet users and edge computing devices is expected to fuel the growth of the global 5G substrate materials market. In 2021, the number of internet users worldwide was 4.9 billion, up from 4.6 billion in 2020.

Growing demand from various end-user industries

Increasing demand for 5G substrate materials from various end-use industries such as automotive radars, 5G base station antennas, and smartphone antennas is expected to drive the market growth in the coming years. Similarly, the increasing trend of miniaturization in electronic devices is expected to further support the market growth for 5G substrate materials. Also, increasing demand for nanotechnology and high-end computing systems is expected to further fuel the market growth in the coming years.

Increasing investment in 5G network deployment

Various countries around the world are making heavy investments to deploy and expand their 5G network. In the race to deploy 5G networks, countries are pushing for advanced 5G plans and building a more extensive core network of base stations and equipment. Various countries such as China, the United States, the Philippines and South Korea, among others, have made significant strides towards 5G deployment. As of April 2022, the number of cities in the Philippines where 5G is available is 98 and that of South Korea is 85. China is leading the world in terms of 5G deployment, due to the initiatives of the government and various stakeholders that are operating in China market.

market segmentation

The global 5G substrate materials market can be segmented on the basis of material, application, and region. Based on the material, the market can be categorized into polytetrafluoroethylene, polyimide, liquid crystal polymer, and others. Based on application, the market can be segmented into smartphones, base stations, and others. The market can be divided regionally into North America, Europe, the Asia-Pacific region, the Middle East and Africa, and South America. China occupies a significant position in the 5G substrate materials market due to the growing number of 5G base stations and the presence of various smartphone manufacturers such as Huawei and Apple.

market dynamics

driver

  • Growing demand from various end-user industries
  • High demand for faster internet
  • Investment in 5G network deployment

challenges

  • High cost of 5G substrate materials impact market growth
  • Various technical challenges faced by manufacturing companies

Report scope:

In this report, the global 5G Substrate Materials Market has been segmented into following categories in addition to the industry trends which are also detailed below:

Global 5G Substrate Materials Market By Material:

  • polytetrafluoroethylene
  • polyimide
  • liquid crystal polymer
  • Other

Global 5G Substrate Materials Market By Application:

  • smart phone
  • base station
  • Other

Global 5G Substrate Materials Market by Regions:

  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • France
  • Germany
  • Great Britain
  • Italy
  • Spain
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • South America
  • Brazil
  • Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Turkey
  • Egypt

Main topics covered:

1. Product overview

2. Research methodology

3. Summary

4. Voice of the customer

5. Global 5G Substrate Materials Market Outlook

6. North America 5G Substrate Materials Market Outlook

7. Europe 5G Substrate Materials Market Outlook

8. Asia Pacific 5G Substrate Materials Market Outlook

9. South America 5G Substrate Materials Market Outlook

10. Middle East and Africa 5G Substrate Materials Market Outlook

11. Market Dynamics

12. Market Trends and Developments

13. Porter’s Five Forces Analysis

14. Competitive Landscape

15. Strategic recommendations

companies mentioned

  • Asahi Glass Company Inc
  • Dupont de Nemours Inc
  • Kaneka Corporation
  • Panasonic Corporation
  • Avient Corporation
  • Taiwan Union Technology Corp.
  • Sumitomo Chemical Co.Ltd
  • Roger Corporation
  • Kuraray Co.Ltd.
  • Showa Denko Materials Co.Ltd.

For more information about this report, visit https://www.researchandmarkets.com/r/k7ng4o


        



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