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Global Encapsulant Market

Added: (Fri Apr 05 2019)

Pressbox (Press Release) - Global Encapsulant Market was valued at 1.26 billion in 2016 and is anticipated to reach 2.17 billion by 2026 at a CAGR of 5.6%.

Encapsulant offers additional protection to the electronics components. Encapsulant are considered to be the better alternative in manufacturing processes used through automated dispensing equipment. Expanding consumer demand of electronics equipment and accumulative reach of technology in everyday life are factors for the growth of the encapsulant market. Rapid growth of solar photovoltaic panel market provides an opportunity for encapsulant market.
encapulants marketIn encapsulant market, silicone within chemistry segment will grow at the highest CAGR. Demand for electronic devices as well as commercialization of electric vehicles is driving the silicone segment in encapsulant market.By curing type room temperature segment is projected to grow at the highest rate. In curing type segment due to easy processing along with high reliability will further boost the demand for encapsulant market.

Asia Pacific holds the major share of market. Growth of manufacturing sector and availability of cheap labor are key factors to drive the growth of encapsulant market in Asia Pacific region. In addition to this, presence of large number of electronics companies and extending demand for consumer electronics are further boosting encapsulant market led by countries like China and India. Asia-Pacific is followed by North America.

Encapsulant Market, by Chemistry:

• Silicone
• Urethane
• Epoxy

Encapsulant Market, by Curing Type:

• Heat Temperature
• UV
• Room Temperature

Encapsulant Market, by End-Use Industry:

• Medical
• Power & Energy
• Consumer Electronics
• Transportation
• Others

Encapsulant Market, by Geography:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players Operating in the Encapsulant Market:

• Dow Corning Corporation (US)
• Henkel AG & CO
• KGAA (Germany)
• Lord Corporation (US)
• Shin-Etsu Chemicals (Japan)
• H.B. Fuller (US)
This Report Is Submitted By This Maximize Market Research Company
About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.


Submitted by:suraj
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