From 2023 to 2030, the market for organic substrates is projected to develop at a 5.6% CAGR. The value of the global market for organic substrate is predicted to reach US$ 13,438.1 million by the year 2030. Increased use of flip-chip technology attaching die to the substrate is a result of growing demand for ultra-thin mobile phones.
The move toward lighter, more compact, and less expensive gadgets is driving up demand for organic substrate. Due to the lower cost of organic substrate compared to ceramic substrate, major technology businesses are also heading in this direction. In order to improve effectiveness and efficiency, OLEDs composed of a single layer of organic material are moving toward utilising many layers.
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Plastic area array packages' organic substrates were created using conventional PCB technology. Organic substrates have a number of benefits, which is expanding its use in a variety of applications. For instance, the production cost of organic substrates is lower than that of ceramic substrates since the technology used to make them is similar to that used to make PCBs. One of the main problems for organic substrates, meanwhile, is that they have higher thermal resistance than ceramic substrates.
Competitive Landscape:
Key Players:
KyoceraShinkoMistubishi ElectricQualcomm TechnologiesSTMicroelectronicsAmkor TechnologyHenkel AGSumitomo Chemical Co. Ltd.BASFDow ChemicalsSamsung ElectronicsHitachi ChemicalGet Customization on this Report Specific Research Solutions:
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The Most Popular Substrate Type Will Probably Be Tape
Between 2023 and 2030, tape substrate is anticipated to have the strongest revenue share growth when compared to rigid substrate. By the end of 2017, it is anticipated that the revenue from tape substrate would make up more than half of the total. Tape substrates are employed in a variety of consumer devices because of their flexibility.
The largest use of organic materials will be in mobile phones.
Mobile phones are expected to use organic substrates the most from 2017 to 2026, according to the projection. Between 2017 and 2026, mobile phones are expected to generate an additional opportunity worth about US$ 1,900 million. Electronic device design is changing as a result of rising demand for wireless components and mobile phones. The use of organic substrate is expanding as a result of the creation of ever-thinner smartphones. Additionally, RF modules for cellphones are being built with additional capability and using organic substrates as well.
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