The Global PPO Resin for Copper Clad Laminate (CCL) Market was valued at USD 1.2 Billion in 2025 and is projected to reach USD 2.1 Billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 6.8% during the forecast period (2024–2034). This robust growth is driven by the relentless demand for high-frequency electronics, the global expansion of 5G infrastructure, and the increasing electrification of the automotive industry, all of which rely on the superior dielectric and thermal properties of Polyphenylene Oxide (PPO) resins.
As the electronics industry pushes the boundaries of speed, miniaturization, and reliability, the foundational materials for printed circuit boards (PCBs) have never been more critical. In this blog, we profile the Top 10 Companies in the PPO Resin for CCL Industry—a powerful mix of global chemical giants and specialized material innovators who are shaping the performance and future of electronic devices worldwide.
🔟 1. SABIC
Headquarters: Riyadh, Saudi Arabia
Key Offering: High-Purity PPO Resins, Specialty Compounds for High-Frequency Applications
SABIC is a leading global chemical company and a major supplier of high-performance thermoplastics, including advanced PPO resins. Its materials are engineered for demanding CCL applications that require exceptional electrical insulation, low dielectric loss, and high thermal stability, making them ideal for 5G infrastructure and automotive radar systems.
Innovation Initiatives:
-
Development of ultra-low dissipation factor (Df) PPO grades for millimeter-wave frequencies
-
Investment in sustainable production processes and circular economy principles
-
Strategic collaborations with major PCB manufacturers to co-develop next-generation laminates
Download FREE Sample Report: PPO Resin for Copper Clad Laminate (CCL) Market – View in Detailed Research Report
9️⃣ 2. Asahi Kasei Chemicals
Headquarters: Tokyo, Japan
Key Offering: XYRON™ PPO Resins, MPPO Alloys
Asahi Kasei Chemicals is a premier Japanese chemical company renowned for its XYRON™ brand of PPO and modified PPO (MPPO) resins. The company’s products are critical for high-heat and high-frequency CCLs, serving the telecommunications, computing, and automotive electronics sectors with a focus on material purity and consistency.
Innovation Initiatives:
-
Pioneering MPPO formulations that balance processability with high-performance characteristics
-
Expanding production capacity to meet growing global demand from the 5G and EV markets
8️⃣ 3. Mitsubishi Chemical Corporation
Headquarters: Tokyo, Japan
Key Offering: IUPITAL® & IUPIACE® PPO Resins, Custom Engineered Compounds
Mitsubishi Chemical Corporation is a key global player with a diverse portfolio of high-performance materials. Its IUPITAL® and IUPIACE® PPO resins are formulated to deliver excellent dimensional stability, low moisture absorption, and superior dielectric properties, which are essential for advanced, multi-layer PCBs.
Innovation Initiatives:
-
Focus on developing halogen-free and environmentally compliant PPO resins
-
R&D into new polymer blends for enhanced thermal conductivity in power electronics
7️⃣ 4. Bluestar (China National Bluestar (Group) Co., Ltd.)
Headquarters: Beijing, China
Key Offering: PPO Resins, MPPO Compounds
Bluestar, part of the state-owned China National Chemical Corporation (ChemChina), is a major domestic producer of PPO resins in China. The company plays a vital role in supplying the massive local electronics manufacturing industry, providing materials for a wide range of CCL applications from consumer devices to industrial equipment.
Innovation Initiatives:
-
Strategic focus on import substitution and strengthening the domestic PPO supply chain
-
Investments in scaling up production to cater to the booming Asian electronics market
Download FREE Sample Report: PPO Resin for Copper Clad Laminate (CCL) Market – View in Detailed Research Report
6️⃣ 5. Evonik Industries
Headquarters: Essen, Germany
Key Offering: VESTORAN® PPO-Based Compounds
Evonik Industries is a leading German specialty chemicals company that offers high-performance polymers, including PPO-based compounds under the VESTORAN® brand. These materials are known for their excellent hydrolytic stability and mechanical strength, making them suitable for harsh-environment applications in automotive and industrial electronics.
Innovation Initiatives:
-
Development of flame-retardant PPO grades that meet stringent international safety standards
-
Expertise in tailoring material properties for specific customer and application requirements
5️⃣ 6. Sumitomo Chemical Co., Ltd.
Headquarters: Tokyo, Japan
Key Offering: PPO Resins, Advanced Polymer Alloys
Sumitomo Chemical is a diversified chemical company with a strong presence in advanced materials. Its PPO resins are designed to meet the high-speed signal transmission needs of modern communication equipment, offering a strong combination of low dielectric constant, high heat resistance, and good processability.
Innovation Initiatives:
-
Continuous improvement of resin properties to support higher data rates in network hardware
-
Active participation in industry consortia to define next-generation material standards
4️⃣ 7. RTP Company
Headquarters: Winona, Minnesota, USA
Key Offering: Custom-Engineered PPO Compounds
RTP Company is a leading global compounder of high-performance thermoplastics. While not a primary resin producer, it is a critical player in the value chain, specializing in creating custom PPO and MPPO compounds with specific fillers, reinforcements, and additives to meet unique CCL performance requirements.
Innovation Initiatives:
-
Expertise in formulating compounds with enhanced thermal conductivity or specific CTE (Coefficient of Thermal Expansion)
-
Rapid prototyping and small-batch production services for developers of new electronic products
3️⃣ 8. BASF SE
Headquarters: Ludwigshafen, Germany
Key Offering: Ultramid® Advanced N Alloys (PPA), Specialty Polyamides
While BASF is better known for its polyamides, it competes in the high-performance thermoplastic space relevant to electronics. The company’s material science expertise allows it to offer advanced polymer solutions that often compete with or complement PPO resins in specific CCL applications, particularly where high thermal and mechanical performance is needed.
Innovation Initiatives:
-
Investment in R&D for high-temperature polymers suitable for lead-free soldering processes
-
Development of sustainable material solutions with recycled content
2️⃣ 9. Covestro AG
Headquarters: Leverkusen, Germany
Key Offering: Polycarbonate Blends, High-Performance Thermoplastics
Covestro is a world-leading supplier of high-tech polymer materials. Its product portfolio includes materials that serve the electronics industry, and while its focus is not exclusively on PPO, its expertise in polymer science and blends positions it as an innovator in the broader market for advanced CCL substrates.
Innovation Initiatives:
-
Focus on developing materials with improved flow characteristics for thinner, more complex PCB designs
-
Commitment to creating halogen-free flame-retardant solutions for electronics
1️⃣ 10. Sichuan EM Technology
Headquarters: Sichuan, China
Key Offering: Specialty PPO Resins for CCL
Sichuan EM Technology is a specialized Chinese manufacturer focused on high-performance polymers for the electronics industry. The company has carved out a niche by providing tailored PPO resin solutions to domestic CCL producers, emphasizing technical support and responsiveness to the fast-paced Chinese market.
Innovation Initiatives:
-
R&D focused on cost-effective PPO formulations without compromising key performance metrics
-
Strong regional focus, enabling close collaboration with local PCB and CCL manufacturers
Get Full Report Here: PPO Resin for Copper Clad Laminate (CCL) Market – View in Detailed Research Report
🌍 Outlook: The Future of PPO Resin for CCL is Smarter and More Integrated
The PPO resin for CCL market is undergoing a significant transformation. While standard grades continue to serve established applications, the industry is heavily investing in next-generation formulations, sustainable production methods, and closer integration with the electronics supply chain.
📈 Key Trends Shaping the Market:
-
Accelerated R&D into ultra-low-loss PPO resins for 6G and terahertz frequency applications
-
Growing adoption of Modified PPO (MPPO) for its superior balance of performance and processability
-
Increased vertical integration between resin producers and CCL manufacturers to ensure quality and supply chain resilience
-
Rising demand for halogen-free and environmentally sustainable material solutions driven by global regulations
Get Full Report Here: PPO Resin for Copper Clad Laminate (CCL) Market – View in Detailed Research Report
The companies listed above are not only supplying essential materials—they are enabling the technological evolution of the global electronics industry.
- Top 10 Companies in the Electronic Acrylic Adhesives Industry (2024): Market Leaders Powering Advanced Manufacturing - February 21, 2026
- Top 10 Companies in the Polyglycerols Laurate Industry (2026): Market Leaders Powering Clean and Sustainable Formulations - February 21, 2026
- Top 10 Companies in the Shell Powder Market (2026): Driving Innovation in Sustainable Materials - February 21, 2026
