PCB industry is developing rapidly

- May 24, 2017-

Since the reform and opening up, Chinese in labor resources, market, investment and other preferential policies to attract large-scale transfer of manufacturing industry in Europe and America, and a large number of electronic products manufacturers to set up factories in China, and thus led to the related industries including PCB development. According to China's CPCA statistics, in 2006, China's actual output of PCB reached 130 million square meters, the output value reached 12 billion 100 million U. s.dollars, accounting for 24.90% of the global total output value of PCB, more than Japan, becoming the world's first. From 2000 to 2006, China's PCB market grew at an average annual rate of 20%, far exceeding the global average. In 2008 the global financial crisis has had a huge impact to the PCB industry, but did not give a disastrous blow Chinese PCB industry, in the national economic policy stimulus in 2010 Chinese PCB industry had a full recovery, 2010 China PCB $19 billion 971 million. Prismark predicts that China will maintain a compound annual growth rate of 8.10% over the next 2010-2015 years, higher than the global average growth rate of 5.40%.

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