Top 10 Companies in the Global Paper Based CCL Market (2025): Leading Manufacturers Powering the Electronics Industry

In Business Insights
November 17, 2025


The Global Paper Based CCL Market was valued at USD 5490.81 Million in 2023 and is projected to reach USD 7788.82 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 6.00% during the forecast period (2024-2029). This robust growth is primarily fueled by the escalating demand for consumer electronics, advancements in PCB (Printed Circuit Board) technology, and the increasing adoption of paper-based Copper Clad Laminates (CCL) in cost-sensitive applications across emerging economies.

As the backbone of countless electronic devices, the quality and innovation of CCL directly influence the performance and reliability of the final product. In this blog, we profile the Top 10 Companies in the Global Paper Based CCL Industry—a collection of established material science leaders and specialized manufacturers who are defining the standards for performance, sustainability, and supply chain resilience.

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Global Paper Based CCL Market – View in Detailed Research Report


🔟 1. Kingboard Laminates Holdings Ltd.

Headquarters: Hong Kong
Key Offering: FR-1, FR-2, XPC, and other Paper Based CCL grades

Kingboard Laminates is one of the world’s largest manufacturers of laminates for PCBs. With a vast production network across China and a strong global presence, the company is a dominant force in the paper-based CCL segment, supplying materials for a wide range of consumer electronics and household appliances.

Innovation and Strategy:

  • Large-scale, integrated production facilities ensuring cost efficiency

  • Continuous R&D for improved flame retardancy and thermal performance

  • Strong focus on the high-growth Asian electronics market


9️⃣ 2. NAN YA PLASTICS CORPORATION

Headquarters: Taipei, Taiwan
Key Offering: FR-1, FR-2, XXXP Paper Based CCL

A subsidiary of the Formosa Plastics Group, Nan Ya Plastics is a global leader in plastics and chemical production, including a significant portfolio of copper clad laminates. The company leverages its vertical integration to produce high-quality, reliable paper-based CCL for mass-market electronic products.

Innovation and Strategy:

  • Vertically integrated supply chain from raw materials to finished laminates

  • Investment in eco-friendly and halogen-free material formulations


8️⃣ 3. Eternal Materials Co.,Ltd.

Headquarters: Kaohsiung, Taiwan
Key Offering: FR-1, FR-2, XPC Paper Based CCL

Eternal Materials is a key supplier of electronic materials, including solder masks, inks, and copper clad laminates. The company has a strong reputation for quality and technical support, serving PCB manufacturers worldwide with its diverse range of paper-based CCL products.

Innovation and Strategy:

  • Diverse product portfolio catering to various performance requirements

  • Strategic partnerships with global PCB fabricators


7️⃣ 4. Chang Chun Group

Headquarters: Taipei, Taiwan
Key Offering: Paper Phenolic CCL (FR-1, FR-2)

Chang Chun Group is a major chemical company with a significant presence in the electronic materials market. Its paper-based CCL products are known for their consistent quality and are widely used in the production of single-sided PCBs for applications like calculators, remote controls, and power supplies.

Innovation and Strategy:

  • Focus on high-purity chemical inputs for superior laminate performance

  • Expansion of production capacity to meet growing regional demand

Download FREE Sample Report:
Global Paper Based CCL Market – View in Detailed Research Report


6️⃣ 5. RISHO KOGYO

Headquarters: Tokyo, Japan
Key Offering: High-performance Paper Based CCL

Risho Kogyo is a prominent Japanese manufacturer specializing in electronic materials, including a range of paper-based and composite copper clad laminates. The company is recognized for its technical expertise and high-quality products that meet stringent international standards.

Innovation and Strategy:

  • Strong R&D focus on materials with enhanced electrical properties

  • Commitment to high-reliability applications in the automotive and industrial sectors


5️⃣ 6. CHAOHUA TECH

Headquarters: Dongguan, China
Key Offering: FR-1, FR-2, XPC grades

CHAOHUA TECH is a leading Chinese manufacturer dedicated to the production of copper clad laminates. The company has built a strong market position by offering competitive, high-volume paper-based CCL solutions tailored to the needs of the domestic and international PCB industry.

Innovation and Strategy:

  • Cost-effective manufacturing for high-volume, price-sensitive markets

  • Rapid response to customer-specific requirements and custom formulations


4️⃣ 7. PCBCart

Headquarters: Suzhou, China
Key Offering: PCB Fabrication services, sourcing various CCLs including Paper Based

While primarily a PCB fabrication service, PCBCart is a significant channel and specifier of paper-based CCL materials for a global clientele. Their expertise lies in selecting the appropriate CCL grade for a wide array of projects, from prototypes to mass production.

Innovation and Strategy:

  • Strong supplier relationships ensuring access to high-quality materials

  • Expert material selection guidance for designers and engineers


3️⃣ 8. Shenzhen Shuoqiang Electronics Co.,Ltd.

Headquarters: Shenzhen, China
Key Offering: Paper Based Composite CCL

Shenzhen Shuoqiang Electronics is a specialized manufacturer focused on producing copper clad laminates. Located in China’s primary electronics hub, the company supplies paper-based CCL to numerous PCB makers in the region, emphasizing consistent quality and reliable delivery.

Innovation and Strategy:

  • Strategically located to serve the Pearl River Delta manufacturing cluster

  • Focus on composite materials that blend performance with cost-effectiveness


2️⃣ 9. Hainan Fuwang Industrial Co., Ltd

Headquarters: Hainan, China
Key Offering: Paper Phenolic CCL

Hainan Fuwang Industrial is a key player in China’s CCL market, with a focus on paper phenolic laminates. The company caters to the demand for low-cost, reliable PCBs used in consumer goods and basic electronic components.

Innovation and Strategy:

  • Production base in Hainan offering potential logistical and cost advantages

  • Targeting the growing domestic market for essential electronics


1️⃣ 10. Wuxi City Chifeng Metal Materials Co., Ltd.

Headquarters: Wuxi, China
Key Offering: Metal-clad and Paper Based CCL materials

Wuxi Chifeng specializes in metal-based and other specialized laminates, with capabilities in paper-based CCL production. The company serves niche markets that require specific thermal or mechanical properties from their base materials.

Innovation and Strategy:

  • Expertise in hybrid and specialty laminate solutions

  • Focus on applications beyond standard consumer electronics

Get Full Report Here:
Global Paper Based CCL Market – View in Detailed Research Report


🌍 Outlook: The Future of Paper Based CCL is Smarter and More Sustainable

The Paper Based CCL market is experiencing a significant evolution. While traditional FR-1 and FR-2 grades continue to dominate volume production for cost-driven applications, the industry is pushing towards materials with enhanced performance, greater environmental compatibility, and improved manufacturing efficiency.

📈 Key Trends Shaping the Market:

  • Growing demand for halogen-free and eco-friendly paper based CCL formulations to meet stringent environmental regulations.

  • Increasing adoption in automotive electronics for non-critical applications, driven by the proliferation of in-vehicle entertainment and control systems.

  • Technological advancements aimed at improving the thermal reliability and electrical properties of paper-based substrates to bridge the performance gap with more expensive alternatives.

  • Supply chain consolidation and strategic expansions by leading manufacturers to secure market share and reduce production costs.

Get Full Report Here:
Global Paper Based CCL Market – View in Detailed Research Report

The companies listed above are not only supplying essential materials for the global electronics industry—they are actively driving innovation and accessibility in circuit board technology.