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ELECTRONICS & SMART DEVICES

Liquid Encapsulation Market By Material Type (Epoxy resin, Epoxy modified resin, Others (Hardeners, catalysts and colorants)); By Product (Integrated circuits, Sensors, Discrete semiconductors, Optoelectronics); By Applications (Electronics, Automotive, Industrial, Telecommunication) - Global Demand Analysis & Opportunity Outlook 2027

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Extensive insights into the Growth of Liquid Encapsulation Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

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Global Liquid Encapsulation Market Overview

Liquid encapsulation is a process which includes coating of materials such as polymer, metal and ceramics on devices in the form of solid or liquid to protect the devices form shock and moisture. To ensure proper functioning of devices and to overcome misconnection of electrical components on devices, liquid encapsulant materials are applied on them. These encapsulant materials contain epoxy resin and epoxy modified resin materials.

Market Size and Forecast

The liquid encapsulation market, in terms of value, is expected to grow rapidly during the forecasted period at a CAGR of around 7.1%. Liquid encapsulation plays a vital role in functions of a device as it helps to prevent the malfunctioning of the components in the electronic devices. Due to this reason liquid encapsulation is widely used in semiconductor and electronics industry where small components are needed to be placed precisely over the device. Due to this application of liquid encapsulation the demand for liquid encapsulation is expected to rise in numerous industries over the forecasted period.

Asia Pacific is projected to grab the largest market share and is anticipated to grow with a highest CAGR during the forecasted period. Asia Pacific is an emerging hub for many electronics and telecommunication industries and the wide use of liquid encapsulation in these industries is likely to bolster growth of liquid encapsulation market in this region. It is estimated that Asia Pacific will hold more that 61% of the market share of liquid encapsulation by the end of the forecasted period. North America and Europe showcase a steady pace during a forecasted period as the demand for liquid encapsulation in these regions is low as compared with Asia Pacific region. Although, the market of liquid encapsulation is projected to speed up in the near future due to the enhancement of the liquid encapsulation materials with more focus in research and development.CLICK TO DOWNLOAD FREE SAMPLE

Market Segmentation

Our-in depth analysis of the global liquid encapsulation market includes the following segments:

By Material

  • Epoxy resin
  • Epoxy modified resin
  • Others (Hardeners, catalysts and colorants)

By Product

  • Integrated circuits
  • Sensors
  • Discrete semiconductors
  • Optoelectronics

By Application

  • Electronics
  • Automotive
  • Industrial
  • Telecommunication

By Region

Global liquid encapsulation market is further classified on the basis of region as follows:

  • North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Liquid Encapsulation Market share

Growth Drivers and Challenges

Increasing technological advancements in the electronics industry anticipated to foster the growth of liquid encapsulation market globally. Growing demand for number of miniaturized electronics also drives the growth of liquid encapsulation market. Expansion of consumer electronics market and growing improvements in sensors and integrated circuits market are expected to stimulate the growth of liquid encapsulation market. Increasing number of sealant manufacturers and dispense equipment industries fueling the growth of liquid encapsulation market globally. Rapid industrialization in developing economies such as China and India are also contributing in the growth of liquid encapsulation market.

Growing demand for sensor based applications in various semiconductor industries across the globe is likely to drive the market of liquid encapsulation in near future. Optoelectronic devices such as LEDs are witnessing great demand across all regions. Further, use of liquid encapsulations in optoelectronics devices is a major factor that is expected to spur the growth of liquid encapsulation market globally.

Key players

  • Henkel AG & Company KGaA 
    • Company Overview
    • Key Product Offerings
    • Business Strategy
    • SWOT Analysis
    • Financials 
  • BASF SE
  • Panasonic Corporation
  • Sanyu Rec Co. Ltd.
  • Hitachi Chemical Co. Ltd.
  • Resin Technical Systems
  • Sumitomo Bakelite Co. Ltd.
  • Kyocera Corporation
  • Nitto Denko Corporation
  • Shin-Etsu Chemical Co. Ltd.
  • Other Notable Players

Scope and Context

Overview of the Parent Market

Analyst View

Segmentation

The global liquid encapsulation market is segmented as follows:

  • By  Material Type Market Size & Y-O-Y Growth Analysis
  • By Application Market Size & Y-O-Y Growth Analysis
  • By Product Type Market Size & Y-O-Y Growth Analysis
  • By Region Market Size & Y-O-Y Growth Analysis

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment


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