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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

Published On : December, 2018 REP-ID-816 Category: ICT & Electronics

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.

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 (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX, Turkey Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of Asia) Market size, Y-O-Y growth & Opportunity Analysis.
  • Middle East and Africa (GCC, Israel, North Africa, South Africa, Rest of Middle East) Market size, Y-O-Y growth & 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

Key answers

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