Encapsulants Market to offer a healthy CAGR of 6.2% during 2020-25
February 12, 2020
Encapsulants Market Overview:
Encapsulants Market is likely to witness an impressive CAGR of 6.2% during the forecast period. The inclination of miniaturization in devices and the growing functionality of electronics devices are the factors that are driving the encapsulants market globally.
Report Overview:
This new report from Stratview Research analyses the Encapsulants Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
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Encapsulants Market Segment Insights:
Chemistry Type: epoxy encapsulant, silicone encapsulant and others
Based on the chemistry type, the market is segmented as epoxy encapsulant, silicone encapsulant, and urethane encapsulant. The growth of the silicone segment is attributed to the growing consumer electronics and the high demand for electric vehicles.
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https://www.stratviewresearch.com/toc/741/encapsulants-market.html
Curing Type: room temperature cure, heat cure, and UV cure
Based on the curing type, the market is segmented as room temperature cure, heat cure, and UV cure. The room temperature cure segment is estimated to register the highest growth in the coming five years. Easy curability and elevated reliability drive the growth of this segment.
A highly/moderately/fragment consolidated Market
Some of the encapsulant manufacturers are Engineered Material Systems, Inc., The 3M Company, BASF SE, Resin Technical Systems, Sanyu Rec Co., Ltd., John C. Dolph Company, Master Bond Inc., Dymax Corporation, Nagase & Co., Ltd., Creative Materials Incorporated, and Aptek Laboratories, Inc.
Region: Asia-Pacific is expected to dominate the encapsulants market
In terms of regions, Asia-Pacific is expected to dominate the encapsulants market in the coming five years. China and India are the growth engines of the region. The market is driven by the growing application of encapsulants in various end-use industries. North America and Europe also offer sizeable growth opportunities during the forecast period.
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