Tantalum is the second most precious metal after precious metals, and is one of the most expensive of the rare metals. Tantalum capacitors are electronic components with tantalum as the main component, small in size and high in capacity, installed on printed circuit boards of many small electrical/electronic devices such as personal computers, cell phones and digital.
The global PCB market grew by 1% in 2022 to reach $81.7 billion, mainly driven by the packaging substrate market. But there is a huge growth gap between product applications, customers and the size of PCB companies. In terms of product applications, demand for PCs, TVs, games, and consumer electronics was very weak in 2022, while demand for servers, satellite communications, and advanced packaging was very strong.