Encapsulation Resins Industry | Share, Types, Region and Competition Analysis with Forecast to 2024

Encapsulation Resins Market Information by Product Type (Epoxy Resins, Silicone Resins, Polyurethane Resins and others), Application (Transformers, Sensors, Switchgears, Insulators, Capacitors, Relays & Coils, Adhesives & Sealants and others), End-Use Industry (Building & Construction, Automotive, Transportation, Electrical & Electronics, Marine and others) and Region (North America, Asia-Pacific, Latin America, Europe and the Middle East & Africa) Forecast till 2024

Encapsulation Resins Market Summary

Encapsulation Resinsstood at USD 3.67 billion in 2018, and the market is poised to exhibit a CAGR of over 3.4% during the forecast period. Furthermore, the growth is expected from the electrical and electronics industry due to increasing demand for consumer electronics and energy-efficient electrical and electronics manufacturing services (EMS).

Additionally, the growing demand for automation in major end-use industries such as automotive, marine, construction, aerospace, and others is also expected to propel the demand for encapsulation resins during the forecast period.

Top Key Companies

  • Aremco (US)
  • Hitachi Chemical Co., Ltd (Japan)
  • Dow (US)
  • BASF SE (Germany)
  • ELANTAS GmbH (Germany)
  • H.B. Fuller Company (US)
  • Master Bond Inc (US)
  • Henkel AG & Co. KGaA (Germany)
  • Shin-Etsu Chemical Co., Ltd (Japan)
  • MG Chemicals (US)
  • Huntsman International LLC (US)
  • Robnor ResinLab Ltd (UK)
  • Dymax Corporation (US)
  • LORD Corporation (US)

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