The future of the global semiconductor encapsulation resins market looks promising with opportunities in the building & construction, transportation, and electrical & electronics industries. The global semiconductor encapsulation resins market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to grow with a CAGR of 7% to 9% from 2020 to 2025. The major growth driver for this market is growth of consumer electronics and electrical devices
A total of XX figures / charts and XX tables are provided in more than 150 pages report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of global semiconductor substrate market report download the report brochure.
Growth in various segments of the semiconductor encapsulation resins market are given below
The study includes trends and forecast for the global semiconductor encapsulation Resins by products, applications, end use industry, and region as follows:
By Products [$M shipment analysis for 2014 – 2025]:
Epoxy Resins
Silicone Resins
Polyurethane Resins
others
By Application [$M shipment analysis for 2014 – 2025]:
Transformers
Sensors
Switchgears
Insulators
Capacitors
Relays & Coils
Others
By End use industry [$M shipment analysis for 2014 – 2025]:
Building & Construction
Transportation
Electrical & Electronics
Others
By Region [$M shipment analysis for 2014 – 2025]:
North America
United States
Canada
Mexico
Europe
Germany
UK
Italy
Asia Pacific
China
Japan
India
South Korea
Rest of the World
Some of the semiconductor encapsulation resins manufacturers profiled in this report include, Aremco, Dow, Hitachi Chemical Co., Ltd., Henkel AG & Co. KGaA, BASF SE, and H.B. Fuller Company.
In this market, epoxy, silicone, and polyurethane are major product used.
Within this market, transportation industry is expected to witness the highest growth over the forecast period due to growth of the vehicle production.
Asia-Pacific will remain the largest region and it is also expected to witness the highest growth over the forecast period due to growth of consumer electronics and transporation industries.