Market Overview:
The global liquid encapsulation materials market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electronic and telecommunication devices, and industrial products. In addition, the growing automotive industry is also contributing to the growth of this market. The polymer materials segment is expected to dominate the global liquid encapsulation materials market during the forecast period. This segment accounted for a major share of the global liquid encapsulation materials market in 2017 and is projected to grow at a CAGR of 6.8% from 2018 to 2030. The plastic materials segment is projected to grow at a CAGR of 7% from 2018to 2030, followed by glassmaterials (CAGR:6%), ceramicmaterials (CAGR: 5%), metalmaterials(CAGR:4%)and others(CAGR:3%).
Product Definition:
Liquid encapsulation is a process used to protect electronic components and circuits from the environment. It involves coating the component in a thin film of liquid that hardens to form a protective barrier. This can be done using a number of different materials, including epoxy, silicone, or acrylics. The main benefit of using liquid encapsulation is that it provides protection against environmental factors such as moisture, dust, and dirt. It also helps to keep the component cool and prevents it from overheating.
Polymer Materials:
Polymer materials are the composite material made up of numerous individual units or monomers linked together to form a network. The most common examples of polymer materials include polyester, nylon, and polypropylene. These types of materials have high demand in packaging applications owing to their excellent sealing properties along with barrier properties that prevent the penetration of water vapor and other aqueous solutions into packaged goods.
Plastic Materials:
Plastic materials include polyethylene, polypropylene, polystyrene, acrylonitrile butadiene styrene (ABS), nylon and others. Plastic materials are widely used in liquid encapsulation materials market owing to their properties such as high strength and durability along with the ability to form plastic compounds which can be molded into desired shapes.
Application Insights:
The electronics application segment accounted for the largest revenue share in 2017 and is anticipated to continue its dominance over the forecast period. Liquid encapsulation materials are used in electronic devices as a protective layer against physical damage and environmental stressors such as vibration, shock, temperature changes, moisture exposure. The use of liquid encapsulation leads to reduction of product surface area which results in lesser chances of getting damaged or detached from device surfaces.
Liquid encapsulated products find applications across various industries including automotive & transportation, medical & healthcare equipment manufacturing and industrial machinery & equipment manufacturing among others. In industrial applications where there is constant handling of heavy mechanical stress on components along with high temperatures; liquid encapsulation offers reliable protection against abrasion and corrosion while maintaining excellent performance characteristics such as formability, moldability ability (to meet complex shapes), thermal stability (to ensure proper component functioning) among others.
Regional Analysis:
Asia Pacific was the leading revenue contributor in 2017 and is anticipated to witness significant growth over the forecast period. The region comprises several emerging economies, such as China, India, Indonesia, Malaysia Philippines Thailand Vietnam. Rapid industrialization and urbanization are likely to boost product demand across end-use industries in this region.
The electronics industry is one of the prominent sectors that have witnessed high demand for liquid encapsulation materials across Asia Pacific over the past few years owing to their excellent electrical properties and lightweight characteristics. The telecommunication industry has also witnessed a rise due to increasing penetration of internet services which has led to an increase in data usage charges; thereby driving up product consumption across this sector as well.
Growth Factors:
- Increasing demand for liquid encapsulation materials from the electronics and semiconductor industry for advanced packaging applications is expected to drive the market growth.
- Growing demand for miniaturization of electronic devices is also anticipated to fuel the market growth over the forecast period.
- Rising use of liquid encapsulation materials in medical devices and implants is another key factor that would propel market growth during the forecast period.
- Increasing application of these materials in solar energy systems is also projected to boost market demand over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Liquid Encapsulation Materials Market Research Report
By Type
Polymer Materials, Plastic Materials, Glass Materials, Ceramic Materials, Metal Materials, Others
By Application
Electronics, Telecommunication, Industrial, Automotive, Others
By Companies
Henkel AG & Company, BASF, Panasonic, Sanyu Rec, Hitachi Chemical, Resin Technical Systems, Sumitomo Bakelite, Kyocera, Nitto Denko Corporation, Shin-Etsu Chemical
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Liquid Encapsulation Materials Market Report Segments:
The global Liquid Encapsulation Materials market is segmented on the basis of:
Types
Polymer Materials, Plastic Materials, Glass Materials, Ceramic Materials, Metal Materials, Others
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
Electronics, Telecommunication, Industrial, Automotive, Others
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:
- Henkel AG & Company
- BASF
- Panasonic
- Sanyu Rec
- Hitachi Chemical
- Resin Technical Systems
- Sumitomo Bakelite
- Kyocera
- Nitto Denko Corporation
- Shin-Etsu Chemical
Highlights of The Liquid Encapsulation Materials 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:
- Polymer Materials
- Plastic Materials
- Glass Materials
- Ceramic Materials
- Metal Materials
- Others
- By Application:
- Electronics
- Telecommunication
- Industrial
- Automotive
- Others
- 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 Liquid Encapsulation Materials 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
- Identifying Appropriate Advertising Appeals
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?
Liquid encapsulation materials are a type of material that is used to protect objects from the environment. These materials are often used in products that will be exposed to water or other liquids, such as electronics.
Some of the major players in the liquid encapsulation materials market are Henkel AG & Company, BASF, Panasonic, Sanyu Rec, Hitachi Chemical, Resin Technical Systems, Sumitomo Bakelite, Kyocera, Nitto Denko Corporation, Shin-Etsu Chemical.
The liquid encapsulation materials market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Liquid Encapsulation Materials Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Liquid Encapsulation Materials Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Liquid Encapsulation Materials Market - Supply Chain
4.5. Global Liquid Encapsulation Materials Market Forecast
4.5.1. Liquid Encapsulation Materials Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Liquid Encapsulation Materials Market Size (000 Units) and Y-o-Y Growth
4.5.3. Liquid Encapsulation Materials Market Absolute $ Opportunity
5. Global Liquid Encapsulation Materials Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Liquid Encapsulation Materials Market Size and Volume Forecast by Type
5.3.1. Polymer Materials
5.3.2. Plastic Materials
5.3.3. Glass Materials
5.3.4. Ceramic Materials
5.3.5. Metal Materials
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Liquid Encapsulation Materials Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Liquid Encapsulation Materials Market Size and Volume Forecast by Application
6.3.1. Electronics
6.3.2. Telecommunication
6.3.3. Industrial
6.3.4. Automotive
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Liquid Encapsulation Materials Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Liquid Encapsulation Materials Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Liquid Encapsulation Materials Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Liquid Encapsulation Materials Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Liquid Encapsulation Materials Demand Share Forecast, 2019-2026
9. North America Liquid Encapsulation Materials Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Liquid Encapsulation Materials Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Liquid Encapsulation Materials Market Size and Volume Forecast by Application
9.4.1. Electronics
9.4.2. Telecommunication
9.4.3. Industrial
9.4.4. Automotive
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Liquid Encapsulation Materials Market Size and Volume Forecast by Type
9.7.1. Polymer Materials
9.7.2. Plastic Materials
9.7.3. Glass Materials
9.7.4. Ceramic Materials
9.7.5. Metal Materials
9.7.6. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Liquid Encapsulation Materials Demand Share Forecast, 2019-2026
10. Latin America Liquid Encapsulation Materials Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Liquid Encapsulation Materials Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Liquid Encapsulation Materials Market Size and Volume Forecast by Application
10.4.1. Electronics
10.4.2. Telecommunication
10.4.3. Industrial
10.4.4. Automotive
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Liquid Encapsulation Materials Market Size and Volume Forecast by Type
10.7.1. Polymer Materials
10.7.2. Plastic Materials
10.7.3. Glass Materials
10.7.4. Ceramic Materials
10.7.5. Metal Materials
10.7.6. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Liquid Encapsulation Materials Demand Share Forecast, 2019-2026
11. Europe Liquid Encapsulation Materials Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Liquid Encapsulation Materials Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Liquid Encapsulation Materials Market Size and Volume Forecast by Application
11.4.1. Electronics
11.4.2. Telecommunication
11.4.3. Industrial
11.4.4. Automotive
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Liquid Encapsulation Materials Market Size and Volume Forecast by Type
11.7.1. Polymer Materials
11.7.2. Plasic Materials
11.7.3. Glass Materials
11.7.4. Ceramic Materials
11.7.5. Metal Materials
11.7.6. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Liquid Encapsulation Materials Demand Share, 2019-2026
12. Asia Pacific Liquid Encapsulation Materials Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Liquid Encapsulation Materials Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Liquid Encapsulation Materials Market Size and Volume Forecast by Application
12.4.1. Electronics
12.4.2. Telecommunication
12.4.3. Industrial
12.4.4. Automotive
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Liquid Encapsulation Materials Market Size and Volume Forecast by Type
12.7.1. Polymer Materials
12.7.2. Plastic Materials
12.7.3. Glass Materials
12.7.4. Ceramic Materials
12.7.5. Metal Materials
12.7.6. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Liquid Encapsulation Materials Demand Share, 2019-2026
13. Middle East & Africa Liquid Encapsulation Materials Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Liquid Encapsulation Materials Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Liquid Encapsulation Materials Market Size and Volume Forecast by Application
13.4.1. Electronics
13.4.2. Telecommunication
13.4.3. Industrial
13.4.4. Automotive
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Liquid Encapsulation Materials Market Size and Volume Forecast by Type
13.7.1. Polymer Materials
13.7.2. Plastic Materials
13.7.3. Glass Materials
13.7.4. Ceramic Materials
13.7.5. Metal Materials
13.7.6. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Liquid Encapsulation Materials Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Liquid Encapsulation Materials Market: Market Share Analysis
14.2. Liquid Encapsulation Materials Distributors and Customers
14.3. Liquid Encapsulation Materials Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Henkel AG & Company
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BASF
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Panasonic
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sanyu Rec
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hitachi Chemical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Resin Technical Systems
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sumitomo Bakelite
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kyocera
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Nitto Denko Corporation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Shin-Etsu Chemical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
