Encapsulation Resin Market Analysis – Global Industry Size, Share, Trends and Forecast, 2018 – 2026

Category : Chemicals and Materials | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC557

Introduction

Encapsulation is the procedure of assembling an electronic device with a solid compound to protect it from corrosion, shock, moisture, and vibration. A variety of encapsulation resins such as polyurethane, epoxy, polyesters, silicone, and UV curing systems are used for encapsulation procedure. Encapsulation resins are majorly used for various applications in electronic and electrical industry. Encapsulation material for any device must be decided on its capability to work under heat, stress, and attain a low outgassing performance.

Market Dynamics

The global encapsulation resin market is driven by the growth in consumer electronics, industrial, and aerospace sector. Moreover, the growing energy and power industry is also expected to boost the demand for encapsulation resins during the forecast period. Also, the thermal conductivity offered by encapsulation resins augments its demand. However, the special screening practice of encapsulation resins, which leads to the additional cost is the major restraining factor for the market. Also, the matured electronic industry in developed economies of North America and Europe hampers the market growth for encapsulation resins. Nevertheless, the two-component polyurethane encapsulation resin is expected to provide major growth opportunities for manufacturers of encapsulation resins.

Market Classification and Overview

The encapsulation resin market is bifurcated based on product type, end-use industry, and geography. The different product types of encapsulation resin market include polyurethane resins, epoxy resins, silicone resins, and others. The epoxy resin segment is projected to witness highest growth during the forecast period as it offers good electrical properties, which is essential for electronics industry. Also, the epoxy encapsulation resins provide excellent protection against adverse temperatures, moisture, short circuits and dust. Electronics & electrical, automotive, telecommunication, and others are the major end-use industry for encapsulation resin market. Electronics & electrical segment was estimated to be the largest market for encapsulation resins in 2015.

Regional Overview

The market for encapsulation resins is segmented into regions such as North America, Europe, Asia-Pacific, Latin America, and Middle-East and Africa (MEA). Asia-Pacific was the major contributors to the growth of encapsulation resin market in 2015 owing to the upsurge in demand for consumer electronic devices, miniaturization of electronic devices, and presence of major electronic manufactures in the region. Moreover, the growing use of sensors and electronics in automotive industry also drives the market of encapsulation resins in the region. North America was the second largest market followed by Europe. The encapsulation resin market in Asia-Pacific is further projected to witness highest growth in coming years owing to the rapid growth of electronic industry in developing countries such as India, Vietnam, Singapore, and Thailand.

Report Coverage

Market

Encapsulation Resin Market

Analysis Period

2015 – 2026

Historic Data

2015 – 2016

Base Year

2017

Forecast Data

2018 – 2026

Market Stratification

Product Type, End-Use Industry, Geography

Regional Scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage

Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis,

Player Profiling, Value Chain Analysis

Market Participants

ELANTAS GmbH, Henkel AG & Co. KGaA, Master Bond Inc., Dymax Corporation, MG Chemicals, LORD Corp, Robnor Resins Ltd, Aremco Products Inc., Shanghai Sepna Chemical Technology Co., and RBC Industries, Inc are couple of key manufacturers of encapsulation resins. 

Market Segmentation

Market By Product Type

·         Polyurethane Resins

·         Epoxy Resins

·         Silicone Resins

·         Others

Market By End-Use Industry

·         Electronics & Electrical

·         Automotive

·         Telecommunication

·         Others

Market By Geography

·         North America

o   US

o   Canada

o   Mexico

·         Europe

o   UK

o   Germany

o   France

o   Rest of Europe

·         Asia-Pacific

o   China

o   Japan

o   India

o   Australia

o   Rest of Asia-Pacific

·         Latin America

o   Brazil

o   Rest of Latin America

·         Middle East and Africa (MEA)

o   South Africa

o   Saudi Arabia

o   Rest of MEA


Related Reports

Ink Solvents Market (By Solvent Type: Alcohols, Ketones, Hydrocarbons, Others (including Ethers and Esters); By Type: Conventional, Bio-based; By Process: Flexography, Gravure, Others (including Screen and Digital) ) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Introduction The global ink solvents Market is projected worth US$ 658.3 Million by 2026 and the market is projected to showcase 4.9% CAGR during the forecast period. The ink solvents market is driven by inexpensive nature and non-coating properties that are important factors which are promoting the market positively. Ma

High Purity Quartz Market (By Application: Semiconductors, Solar, Lightening, Optics, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Introduction The global high purity quartz industry’s size is prophesied to reach USD 1143.6 million by 2026 and the market is anticipated to witness a CAGR of 5.8% during the predicted years. The market is determined by increase in demand from the solar industry. Market Dynamics

Coating Resins Market (By Type: Acrylic, Epoxy, Alkyd, Vinyl, Polyurethane, Amino, Polyester, Others; By Technology: Solvent Based, UV Cured, Water Based, High Solids; By Application: Industrial Coatings, Automotive Coatings, Wood Coatings, Protective Coatings, Architectural Coatings, Marine Coatings) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Introduction The global coating resins Market is projected worth US$ 51.3 billion by 2026 and the market is projected to show case 5.0% CAGR during the forecast period. The coating resins market is driven by an increase in demand for paint & coatings in the automotive sector. Market Dynamics

Synthetic Paper Market (By Product: BOPP (Biaxially Oriented Polypropylene), HDPE (High-Density Polyethylene), PET (Polyethylene Terephthalate); By Application: Label, Non-Label) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Introduction Global synthetic paper market size is estimated to reach a value of around USD 1.4 billion by the end of the year 2026. The industry is expected to grow with a CAGR of 7.1% during the upcoming years. Market Dynamics Synthetic papers are 100% recyclable and are es

Paint Protection Film Market (By Product: TPU (Thermoplastic Polyurethane), PVC (Polyvinyl Chloride), Polyester, PET(Polyethylene Terephthalate), Polyethylene; By Application: Automotive, Aerospace, Marine, Electrical & Electronics) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Introduction The global paint protection film market size was valued at USD 468 million in 2017, and is estimated to reach at 809 million by the end of year 2026, expand at a growth rate of 7.2% during the forecast period. Market Dynamics Paint Protection Film is categorized

Optical Coatings Market (By Product: Anti-reflective Coatings, Reflective Coatings, Filter Coatings, Conductive Coatings, Electrochromic Coatings; By Application: Consumer Electronics, Solar, Medical, Architecture, Aerospace & Defense, Automotive, Telecommunication) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Introduction The global market size of optical coatings was value at 12.8 billion at 2017 and is expected to reach 25.7 billion by the end of year 2026. The market is estimated to grow at a CAGR of 9% over the forecast period. Market Dynamics Optical coatings are used in the

Cart Summary