Market Overview:
The global LED package silicone material market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for LED displays and lights across the globe. In addition, the growing awareness about energy-efficient lighting solutions is also propelling the growth of this market. Based on type, encapsulant silicone material held a major share of the global LED package silicone material market in 2017. This segment is projected to grow at a CAGR of 7% during the forecast period from 2018 to 2030. The optically reflective silicone material segment is projected to grow at a higher rate than other segments during the forecast period owing to its superior properties such as high reflectivity and thermal resistance. Based on application, LED display held a major share of the global LED package silicone material market in 2017 and it is expected that this trend will continue duringthe forecast period from 2018to2030 .
Product Definition:
LED Package Silicone Material is a type of silicone material that is used to package LED lights. It has good insulation and heat dissipation properties, which makes it ideal for use in LED packaging.
Encapsulant:
Encapsulant is a material which helps in protection and also improves the shelf life of LED products. It offers moisture barrier to the product, along with preventing any kind of microbial growth. The most commonly used encapsulants are Polyisoprene (PI), Ethylene-vinyl acetate (EVA), and Polybutadiene (PBD).
Optically Reflective Silicone Material:
Optically reflective silicone material is a kind of special surface treatment material, which can be applied to any type of glass or plastic substrate. It has the ability to reflect incident light back onto its source, making it an ideal choice for applications where high performance and efficiency are required.
The key properties associated with optically reflective materials include high tolerance towards chemicals & temperature and superior resistance towards scratch & abrasion.
Application Insights:
Based on application, the market has been segmented into LED display, LED light and others. The LED display segment accounted for the largest revenue share in 2017 owing to increasing demand for large screen digital TVs, monitors and projectors. Increasing use of led packages in various electronic devices such as mobile phones, laptops & notebooks, media players & gaming consoles is expected to drive the demand over the forecast period.
The product is used as an encapsulant by several companies including JVCKENWOOD Corporation., SAMSUNG Electronics Co., Ltd., Panasonic Corporation and Lenovo Group Limited among others which are engaged in manufacturing LEDs. These companies have a production facility located at China which supplies products directly to their customers across various regions worldwide thereby contributing towards high market penetration throughout 2018-2030 period.
Regional Analysis:
The Asia Pacific regional led package silicone material market is expected to witness significant growth over the forecast period owing to the presence of key LED manufacturers such as WEG, Samsung Electronics, and LG Chem. The region accounted for a revenue share of more than 35% in 2017 and is estimated to grow at a CAGR exceeding 10% from 2018 to 2030.
The growing demand for led packages in various applications such as display, lighting, signboards coupled with rising investments by companies in R&D activities are some factors that can be attributed towards high growth rate of this industry. Moreover it has been observed that countries like China and Japan have adopted different strategies like subsidies or tax benefits on import/export which will boost their exports significantly thereby driving up the global LED packages silicone material market share over the next eight years.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Rising awareness about the benefits of LED lighting
- Technological advancements in LED packaging materials
- Growing demand for silicone-based LEDs in automotive and signage applications
- Proliferation of innovative LED packaging designs
Scope Of The Report
Report Attributes
Report Details
Report Title
LED Package Silicone Material Market Research Report
By Type
Encapsulant, Optically Reflective Silicone Material
By Application
LED Display, LED Light
By Companies
Dupont, Dow Corning, Gelest, Shin-Etsu, Henkel, Wacker, Dymax, Niche-Tech, PICOMAX, Avantor
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global LED Package Silicone Material Market Report Segments:
The global LED Package Silicone Material market is segmented on the basis of:
Types
Encapsulant, Optically Reflective Silicone Material
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
LED Display, LED Light
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dupont
- Dow Corning
- Gelest
- Shin-Etsu
- Henkel
- Wacker
- Dymax
- Niche-Tech
- PICOMAX
- Avantor
Highlights of The LED Package Silicone Material Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Encapsulant
- Optically Reflective Silicone Material
- By Application:
- LED Display
- LED Light
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the LED Package Silicone Material Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
LED Package Silicone Material is a type of silicone material that is used to make LED light packages. It is made from silicone and plastic, and it can be used to create light fixtures, lamps, and other objects.
Some of the major companies in the led package silicone material market are Dupont, Dow Corning, Gelest, Shin-Etsu, Henkel, Wacker, Dymax, Niche-Tech, PICOMAX, Avantor.
The led package silicone material market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 LED Package Silicone Material Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 LED Package Silicone Material Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 LED Package Silicone Material Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the LED Package Silicone Material Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global LED Package Silicone Material Market Size & Forecast, 2020-2028
4.5.1 LED Package Silicone Material Market Size and Y-o-Y Growth
4.5.2 LED Package Silicone Material Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Encapsulant
5.2.2 Optically Reflective Silicone Material
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 LED Display
6.2.2 LED Light
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global LED Package Silicone Material Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 LED Package Silicone Material Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Encapsulant
9.6.2 Optically Reflective Silicone Material
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 LED Display
9.10.2 LED Light
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Encapsulant
10.6.2 Optically Reflective Silicone Material
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 LED Display
10.10.2 LED Light
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Encapsulant
11.6.2 Optically Reflective Silicone Material
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 LED Display
11.10.2 LED Light
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Encapsulant
12.6.2 Optically Reflective Silicone Material
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 LED Display
12.10.2 LED Light
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Encapsulant
13.6.2 Optically Reflective Silicone Material
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 LED Display
13.10.2 LED Light
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 LED Package Silicone Material Market: Competitive Dashboard
14.2 Global LED Package Silicone Material Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dupont
14.3.2 Dow Corning
14.3.3 Gelest
14.3.4 Shin-Etsu
14.3.5 Henkel
14.3.6 Wacker
14.3.7 Dymax
14.3.8 Niche-Tech
14.3.9 PICOMAX
14.3.10 Avantor
