Dublin, May 17, 2023 (GLOBE NEWSWIRE) -- The "Liquid Encapsulation Materials: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Liquid Encapsulation Materials estimated at US$1.3 Billion in the year 2022, is projected to reach a revised size of US$1.9 Billion by 2030, growing at a CAGR of 4.4% over the analysis period 2022-2030.
Epoxy Resins, one of the segments analyzed in the report, is projected to record a 4.5% CAGR and reach US$859.1 Million by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Epoxy-Modified Resins segment is readjusted to a revised 5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $388.2 Million, While China is Forecast to Grow at 4.3% CAGR
The Liquid Encapsulation Materials market in the U.S. is estimated at US$388.2 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$334.3 Million by the year 2030 trailing a CAGR of 4.3% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 3.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR.
Select Competitors (Total 12 Featured) -
- BASF SE
- Epic Resins
- Henkel AG & Co., KgaA
- Hitachi Chemical Co., Ltd.
- Kyocera Corporation
- Nagase & Co., Ltd.
- Nitto Denko Corporation
- Panasonic Corporation
- Resin Technical Systems
- Sanyu Rec Co., Ltd.
- Shin-Etsu Chemical Co., Ltd.
- Sumitomo Bakelite Co., Ltd.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 179 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $1.3 Billion |
| Forecasted Market Value (USD) by 2030 | $1.9 Billion |
| Compound Annual Growth Rate | 4.9% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Liquid Encapsulation Materials Market to Register Moderate Growth
- Percentage Breakdown of Market Share for Liquid Encapsulation Market by Region (2018)
- Liquid Encapsulation Materials - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Innovations to Spearhead Demand for Liquid Encapsulation Materials Demand
- Growing Application of Sensors, Particularly in Semiconductor Industries to Bolster Growth
- Sales Estimates for Semi-Conductor based Sensors (in Million USD) by Device: 2017-2023
- Increase in Demand for Consumer Electronics to Support Market Demand
- Consumer Electronics Sales by Product Type: 2010-2020
- Growing Demand for Advanced Packaging Techniques to Drive Growth
- Breakdown of Advanced Packaging Revenue (in Billion USD) by Platform: 2018-2024
- Increasing Use of Miniaturized Electronic Devices to Drive Demand for Liquid Encapsulation Materials Market
- Employment of Liquid Encapsulation Materials in Myriad Applications to Support Market Growth
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/y8bosn
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