Global 5G Substrate Materials Market is accounted for $187.48 million in 2021 and is expected to reach $758.50 million by 2028 growing at a CAGR of 22.1% during the forecast period. The substrate is a term that is used in materials science to illustrate the base material on which processing is carried out to manufacture new film or layers of material such as-deposited coatings.
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By geography, Asia Pacific is projected to hold the largest market share due to the rapid economic expansion as well as the rapidly rising end-use industries. China is the largest consumer of 5G substrate materials, majorly due to the growing number of 5G base stations and the presence of various smartphone manufacturers such as Huawei and Apple.
Some of the key players profiled in the 5G Substrate Materials Market include AGC Inc, Daikin Industries, Ltd, DuPont, Showa Denko Materials Co., Ltd, Panasonic Corporation, Avient Corporation, Rogers Corporation, Sumitomo Chemical Co., Ltd, The Chemours Company(Teflon), Taiwan Union Technology Corporation, Ventec International Group, and ITEQ Corporation.
Products Covered in 5G Substrate Materials Market
• Organic Laminates
• Glass
• Ceramics
Applications Covered:
• Smartphones Antennas
• Base Station Antennas
• Automobile
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