The report "Encapsulants Market by Chemistry (Epoxy, Silicone, Urethane), Curing Type (Room Temperature, Heat Temperature, UV), End-Use Industry (Consumer Electronics, Transportation, Medical, Energy & Power), and Region - Global Forecast to 2022", The encapsulants market is estimated to be USD 1.26 Billion in 2017 and is projected to reach USD 1.64 Billion by 2022, at a CAGR of 5.5% from 2017 to 2022. The growth of this market is driven by the increased demand for encapsulants from various end-use industries, such as consumer electronics, transportation, medical, and energy & power.
Browse 157 Market Data Tables and 39 Figures spread through 162 Pages and in-depth TOC on "Encapsulants Market by Chemistry (Epoxy, Silicone, Urethane), Curing Type (Room Temperature, Heat Temperature, UV), End-Use Industry (Consumer Electronics, Transportation, Medical, Energy & Power), and Region - Global Forecast to 2022"
Early buyers will receive 10% customization on reports.
The epoxy chemistry segment is projected to lead the encapsulants market during the forecast period.
Based on chemistry, the epoxy segment is projected to lead the encapsulants market during the forecast period from 2017 to 2022. The properties of epoxy encapsulants include low cure shrinkage, compatibility with most materials, strength & durability, adhesion, resistance to corrosion & chemicals, and good electrical insulation. These properties make them suitable for many consumer and industrial applications.
The consumer electronics end-use industry segment is projected to grow at the highest CAGR during the forecast period.
By end-use industry, the consumer electronics segment of the encapsulants market is projected to grow at the highest CAGR between 2017 and 2022. The growth of this segment can be attributed to the rapidly growing semiconductor & electronics industry.
The Asia Pacific encapsulants market is projected to grow at the highest CAGR during the forecast period.
Asia Pacific accounted for the largest share of the encapsulants market in 2016. The Asia Pacific encapsulants market is projected to grow at the highest CAGR between 2017 and 2022. China is the largest market for encapsulants in this region. In China and India, the demand for encapsulants is expected to increase during the forecast period owing to the growing demand for electronic devices in end-use industries, such as automotive and medical.
Key companies profiled in this research report on the encapsulants market include Dow Corning (US), Henkel (Germany), LORD Corporation (US), Shin-Etsu Chemicals (Japan), and H.B. Fuller (US).
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441