India Circuit Materials Market (2025-2031) Outlook | Forecast, Industry, Companies, Growth, Share, Revenue, Trends, Size, Value & Analysis

Market Forecast By Material Class (Substrate, Conducting Material, Outer Layer), By Substrate (Fiberglass-Epoxy, Paper-Phenolic, CEM, Polyimide, Others), By Conducting Material (Copper), By Outer Layer (Liquid Ink Photoimageable Solder Mask, Dry Film Photoimageable, Others), By Application (Communications, Industrial Electronics, Automotive, Aerospace & Defense, Others) And Competitive Landscape
Product Code: ETC4478605 Publication Date: Jul 2023 Updated Date: Aug 2025 Product Type: Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

India Circuit Materials Market Overview

The circuit materials market in India is closely tied to the electronics and technology industries. With the proliferation of electronic devices and the expansion of the telecommunications sector, there is a rising demand for high-performance circuit materials. These materials are crucial for manufacturing advanced electronic components and printed circuit boards.

Drivers of the Market

The India circuit materials market is driven by the electronics and telecommunications sectors. With the increasing use of electronic devices and the rapid expansion of the telecommunications industry, there is a growing demand for high-quality circuit materials. The evolution of technology, such as 5G networks and miniaturization of electronic components, is fueling the need for advanced circuit materials. Moreover, the government`s "Make in India" initiative is promoting domestic electronics manufacturing, further boosting the market.

Challenges of the Market

The circuit materials market in India confronts challenges related to technological advancements and the demand for miniaturization. The electronics industry is constantly evolving, with a growing need for smaller and more advanced components. This requires circuit material manufacturers to invest in research and development to produce materials that meet the industry`s evolving needs. Furthermore, market players need to address the issue of waste and recycling in the electronics industry, as electronic waste management and disposal have become major concerns.

COVID-19 Impact on the Market

The India circuit materials market, serving the electronics and telecommunications industries, faced fluctuations during the pandemic. While there was an initial disruption due to supply chain issues and manufacturing delays, the increased demand for electronics and connectivity solutions drove growth. As remote work and digitalization continue to shape the economy, the circuit materials market is likely to see sustained growth, with a focus on innovation and technology.

Key Players in the Market

Major players in the India circuit materials market encompass companies such as Isola India Pvt Ltd, Arlon India, Rogers Corporation India Pvt Ltd, Ventec Electronics (India) Pvt. Ltd, and Hitachi Chemical India Pvt Ltd. These companies supply materials crucial for printed circuit board (PCB) manufacturing, catering to various electronics industries.

Key Highlights of the Report:

  • India Circuit Materials Market Outlook
  • Market Size of India Circuit Materials Market, 2024
  • Forecast of India Circuit Materials Market, 2031
  • Historical Data and Forecast of India Circuit Materials Revenues & Volume for the Period 2021-2031
  • India Circuit Materials Market Trend Evolution
  • India Circuit Materials Market Drivers and Challenges
  • India Circuit Materials Price Trends
  • India Circuit Materials Porter's Five Forces
  • India Circuit Materials Industry Life Cycle
  • Historical Data and Forecast of India Circuit Materials Market Revenues & Volume By Material Class for the Period 2021-2031
  • Historical Data and Forecast of India Circuit Materials Market Revenues & Volume By Substrate for the Period 2021-2031
  • Historical Data and Forecast of India Circuit Materials Market Revenues & Volume By Conducting Material for the Period 2021-2031
  • Historical Data and Forecast of India Circuit Materials Market Revenues & Volume By Outer Layer for the Period 2021-2031
  • Historical Data and Forecast of India Circuit Materials Market Revenues & Volume By Substrate for the Period 2021-2031
  • Historical Data and Forecast of India Circuit Materials Market Revenues & Volume By Fiberglass-Epoxy for the Period 2021-2031
  • Historical Data and Forecast of India Circuit Materials Market Revenues & Volume By Paper-Phenolic for the Period 2021-2031
  • Historical Data and Forecast of India Circuit Materials Market Revenues & Volume By CEM for the Period 2021-2031
  • Historical Data and Forecast of India Circuit Materials Market Revenues & Volume By Polyimide for the Period 2021-2031
  • Historical Data and Forecast of India Circuit Materials Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of India Circuit Materials Market Revenues & Volume By Conducting Material for the Period 2021-2031
  • Historical Data and Forecast of India Circuit Materials Market Revenues & Volume By Copper for the Period 2021-2031
  • Historical Data and Forecast of India Circuit Materials Market Revenues & Volume By Outer Layer for the Period 2021-2031
  • Historical Data and Forecast of India Circuit Materials Market Revenues & Volume By Liquid Ink Photoimageable Solder Mask for the Period 2021-2031
  • Historical Data and Forecast of India Circuit Materials Market Revenues & Volume By Dry Film Photoimageable for the Period 2021-2031
  • Historical Data and Forecast of India Circuit Materials Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of India Circuit Materials Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of India Circuit Materials Market Revenues & Volume By Communications for the Period 2021-2031
  • Historical Data and Forecast of India Circuit Materials Market Revenues & Volume By Industrial Electronics for the Period 2021-2031
  • Historical Data and Forecast of India Circuit Materials Market Revenues & Volume By Automotive for the Period 2021-2031
  • Historical Data and Forecast of India Circuit Materials Market Revenues & Volume By Aerospace & Defense for the Period 2021-2031
  • Historical Data and Forecast of India Circuit Materials Market Revenues & Volume By Others for the Period 2021-2031
  • India Circuit Materials Import Export Trade Statistics
  • Market Opportunity Assessment By Material Class
  • Market Opportunity Assessment By Substrate
  • Market Opportunity Assessment By Conducting Material
  • Market Opportunity Assessment By Outer Layer
  • Market Opportunity Assessment By Application
  • India Circuit Materials Top Companies Market Share
  • India Circuit Materials Competitive Benchmarking By Technical and Operational Parameters
  • India Circuit Materials Company Profiles
  • India Circuit Materials Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Circuit Materials Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Circuit Materials Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Circuit Materials Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Circuit Materials Market Revenues & Volume, 2021 & 2031F

3.3 India Circuit Materials Market - Industry Life Cycle

3.4 India Circuit Materials Market - Porter's Five Forces

3.5 India Circuit Materials Market Revenues & Volume Share, By Material Class, 2021 & 2031F

3.6 India Circuit Materials Market Revenues & Volume Share, By Substrate, 2021 & 2031F

3.7 India Circuit Materials Market Revenues & Volume Share, By Conducting Material, 2021 & 2031F

3.8 India Circuit Materials Market Revenues & Volume Share, By Outer Layer, 2021 & 2031F

3.9 India Circuit Materials Market Revenues & Volume Share, By Application, 2021 & 2031F

4 India Circuit Materials Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for consumer electronics in India

4.2.2 Growth in the automotive industry leading to higher demand for circuit materials

4.2.3 Government initiatives promoting domestic manufacturing of electronic components

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials impacting production costs

4.3.2 Lack of skilled labor in the circuit materials industry

4.3.3 Stringent environmental regulations affecting manufacturing processes

5 India Circuit Materials Market Trends

6 India Circuit Materials Market, By Types

6.1 India Circuit Materials Market, By Material Class

6.1.1 Overview and Analysis

6.1.2 India Circuit Materials Market Revenues & Volume, By Material Class, 2021-2031F

6.1.3 India Circuit Materials Market Revenues & Volume, By Substrate, 2021-2031F

6.1.4 India Circuit Materials Market Revenues & Volume, By Conducting Material, 2021-2031F

6.1.5 India Circuit Materials Market Revenues & Volume, By Outer Layer, 2021-2031F

6.2 India Circuit Materials Market, By Substrate

6.2.1 Overview and Analysis

6.2.2 India Circuit Materials Market Revenues & Volume, By Fiberglass-Epoxy, 2021-2031F

6.2.3 India Circuit Materials Market Revenues & Volume, By Paper-Phenolic, 2021-2031F

6.2.4 India Circuit Materials Market Revenues & Volume, By CEM, 2021-2031F

6.2.5 India Circuit Materials Market Revenues & Volume, By Polyimide, 2021-2031F

6.2.6 India Circuit Materials Market Revenues & Volume, By Others, 2021-2031F

6.3 India Circuit Materials Market, By Conducting Material

6.3.1 Overview and Analysis

6.3.2 India Circuit Materials Market Revenues & Volume, By Copper, 2021-2031F

6.4 India Circuit Materials Market, By Outer Layer

6.4.1 Overview and Analysis

6.4.2 India Circuit Materials Market Revenues & Volume, By Liquid Ink Photoimageable Solder Mask, 2021-2031F

6.4.3 India Circuit Materials Market Revenues & Volume, By Dry Film Photoimageable, 2021-2031F

6.4.4 India Circuit Materials Market Revenues & Volume, By Others, 2021-2031F

6.5 India Circuit Materials Market, By Application

6.5.1 Overview and Analysis

6.5.2 India Circuit Materials Market Revenues & Volume, By Communications, 2021-2031F

6.5.3 India Circuit Materials Market Revenues & Volume, By Industrial Electronics, 2021-2031F

6.5.4 India Circuit Materials Market Revenues & Volume, By Automotive, 2021-2031F

6.5.5 India Circuit Materials Market Revenues & Volume, By Aerospace & Defense, 2021-2031F

6.5.6 India Circuit Materials Market Revenues & Volume, By Others, 2021-2031F

7 India Circuit Materials Market Import-Export Trade Statistics

7.1 India Circuit Materials Market Export to Major Countries

7.2 India Circuit Materials Market Imports from Major Countries

8 India Circuit Materials Market Key Performance Indicators

8.1 Research and development investments in new circuit material technologies

8.2 Adoption rate of advanced circuit materials in key industries

8.3 Number of collaborations and partnerships for technology development in the circuit materials sector

9 India Circuit Materials Market - Opportunity Assessment

9.1 India Circuit Materials Market Opportunity Assessment, By Material Class, 2021 & 2031F

9.2 India Circuit Materials Market Opportunity Assessment, By Substrate, 2021 & 2031F

9.3 India Circuit Materials Market Opportunity Assessment, By Conducting Material, 2021 & 2031F

9.4 India Circuit Materials Market Opportunity Assessment, By Outer Layer, 2021 & 2031F

9.5 India Circuit Materials Market Opportunity Assessment, By Application, 2021 & 2031F

10 India Circuit Materials Market - Competitive Landscape

10.1 India Circuit Materials Market Revenue Share, By Companies, 2024

10.2 India Circuit Materials Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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