In the global 5G substrate materials market, China accounted for the most significant market share in 2019. China is the leading country, driven by its vast production capacity, excessive industrial base, and support from government bodies. China has a significant hub of materials market producing 5G specification-based materials. The country also stands at the top position due to the availability of key raw materials such as fluorspar and glass silica in abundance. Various global players are importing 5G substrate materials and 5G infrastructure equipment from the country, leveraging its vast manufacturing base and price feasibility. China is the leading producer of PTFE and PI substrate materials in the world.

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The government of China is backing up 5G substrate materials manufacturers and 5G equipment manufacturers to push their production capacities and help the nation in the early deployment of 5G across the country. The country is also leading in the 5G end-use application segments such as 5G smartphones and base station antennas. Some of China's leading companies excelling in 5G end-use application segments are Huawei Technologies Co., Ltd., ZTE Corporation, and Xiaomi Corporation.

The 5G substrate materials market's competitive landscape consists of different strategies undertaken by major players across the 5G industry to gain traction and market share presence. Some strategies adopted by 5G substrate materials manufacturers are new product launches, business expansions, partnerships, and collaborations. Among all strategies adopted, new product launches have been leading the choice of the strategy implemented in the competitive landscape. Some of the prominent players of the ecosystem are Dupont de Nemours, Inc., Rogers Corporation, and Panasonic Corporation.

Business expansions is another one of the preferred strategies adopted by the market players to enhance their production capacities, global footprint, and product offerings. For instance, in 2019, Panasonic Corporation established a new factory for developing substrate materials catering to the growing demand for 5G market in China.

The COVID-19 pandemic had a negative impact on various business segments of the supply chain in quarter one of 2020. The disruption in the supply chain is primarily due to national lockdowns and import-export shipment delays across the world. Countries worldwide have halted their 5G deployment work for Q1 and Q2 of 2020, plummeting the demand for 5G substrate materials in the manufacturing industry. The European countries have delayed the frequency auction for 5G networks across much of the region. Major European countries such as France, Spain, and Austria have postponed their 5G spectrum allocation schedule for late 2020 or 2021.

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Due to the COVID-19 situation, European countries and North American countries are witnessing cash flow issues and unclear revenue prospects, that are leading to cutbacks of technology deployment plans in the countries. China being the epicenter of COVID-19 pandemic, has recovered from the pandemic so far and is looking forward to starting 5G deployment at the earliest. The Chinese government is also actively pushing the deployment and infrastructure work for 5G, leveraging the vast manufacturing and 5G telecom companies of the nation such as Huawei Technologies Co., Ltd.

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