Global Market for Encapsulants

Dublin, April 21, 2023 (GLOBE NEWSWIRE) -- The "Encapsulants - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Encapsulants Market to Reach $2.1 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Encapsulants estimated at US$1.5 Billion in the year 2022, is projected to reach a revised size of US$2.1 Billion by 2030, growing at a CAGR of 4.8% over the analysis period 2022-2030. Silicone, one of the segments analyzed in the report, is projected to record a 5% CAGR and reach US$981.6 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Epoxy segment is readjusted to a revised 4.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $424.4 Million, While China is Forecast to Grow at 4.5% CAGR

The Encapsulants market in the U.S. is estimated at US$424.4 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$373.2 Million by the year 2030 trailing a CAGR of 4.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.4% CAGR.

Select Competitors (Total 46 Featured) -

• 3M Company

• ACC Silicones Ltd.

• Aptek Laboratories, Inc.

• BASF SE

• Creative Materials, Inc.

• Dymax Corporation

• Electrolube

• Engineered Materials Systems, Inc.

• Epoxies Etc

• GS Polymers, Inc.

• John C. Dolph Company

• Master Bond, Inc.

• Nagase & Co., Ltd.

• Resin Technical Systems

• Sanyu Rec Co., Ltd.

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.

• Global competitiveness and key competitor percentage market shares

• Market presence across multiple geographies - Strong/Active/Niche/Trivial

• Online interactive peer-to-peer collaborative bespoke updates

• Access to digital archives and Research Platform

• Complimentary updates for one year

Key Attributes:

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights

• World Market Trajectories

• Encapsulants Market to Register Steady Growth

• Consumer Electronic Applications to Account for Largest Share of the Market

• Epoxy Segment to Emerge as the Leading Segment

• Encapsulants - 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

• Increasing Demand for Consumer Electronics to Spur Market Demand

• Growing Number of Electric Vehicles to Drive Market Growth

• Percentage Share of Electric Vehicles of the Total Vehicle Sales in Various Countries: 2018

• Growth in Advanced Electronic Packaging to Spur Market Demand

• Miniaturization of Electronic Devices to Support Market Growth

• Challenges

• Stringent Regulations for VOC Emissions

• Product Innovations

• Launch of New Range of Encapsulants by Select Players

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/8ujhav

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• Global Market for Encapsulants

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