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title: PCB Market Remains Down But Stable
description: PCB Market Remains Down But Stable
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## [PCB Market Remains Down But Stable](https://pages.supplyframe.com/ciq/pcb-market-remains-down-but-stable)

 Sep 6, 2024, 1:16:41 PM / by [Supplyframe](https://pages.supplyframe.com/ciq/author/supplyframe)

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After shrinking by nearly 16% in 2023, the global PCB market is set to rebound to 6.3% growth in 2024, according to the Taiwan Industrial Technology Research Institute (ITRI). PCB lead times remain consistent, typically at 5 to 8 weeks, with some suppliers quoting an additional one to two weeks due to longer raw material lead times. China-based PCB suppliers are operating at nearly 75% production capacity, up from Q2. Lead times for copper-cladded laminate (CCL) have expanded, with standard FR-4 materials experiencing a two-week increase and special materials like high-speed and high-frequency at four weeks. Overall, the Commodity IQ At-Volume Lead Trend shows almost all Q3 contract lead times remain at 12 weeks or less. 

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