Epoxy encapsulation material is an epoxy resin used as a semiconductor encapsulate. It finds applications in numerous products where semiconductors are used and employed, such as consumer home appliances, including refrigerators, television sets, vehicles and mobile phones, among others. With major economies moving towards digitalization, developments are being witnessed in the field of IT infrastructure. To match this progress, development of electronic products is picking pace, thereby creating demand for epoxy capsulation materials.
Epoxy Encapsulation is the method of fabricating electronic components with the help of epoxy encapsulation material i.e. epoxy resin, to enhance the physical properties of the electronic material used. In the commercial market-place, numerous resins or materials are available for the encapsulation process. Of this, the epoxy encapsulation material is the most adopted one. As the demand for mechanical safeguarding of electrical components, such as insulated PCBs (Printed circuit boards), continues to grow, manufacturers and suppliers are seeking effective solutions for encapsulation of electronic devices and thus, epoxy encapsulation materials are gaining traction. Also, substantial environmental challenges, such as vibration, moisture, general contamination and thermal or physical shock, have the ability to negatively affect the working of printed circuit boards and electronic components. Growing demand for shielding printed circuit boards has created demand-space for epoxy encapsulation materials globally. Application of epoxy encapsulation material protects the entire device from extreme atmospheric conditions through the formation of a widespread barrier.
Epoxy encapsulation material Market: Dynamics
In the past few years, the demand for epoxy encapsulation materials for semiconductor encapsulation has been quite high and with developments and innovations being witnessed in the semiconductor industry, the demand for epoxy encapsulation materials will remain high in the coming years. With prompt expansion in the semiconductor industry, need for PCBs in domestic, military, industrial and automotive products continues to increase. Mounting need to confirm the reliability of critical devices has molded the manufacturers to go for superior shielding solutions, such as epoxy encapsulation materials. Moreover, a rising number of possible requirements in the space of the LED products will further be expected to rev up the need for epoxy encapsulation material in the electronics industry. However, the special screening process for epoxy encapsulation material increases the overall cost, which is a major stumbling block in the full-scale adoption of epoxy encapsulation materials.
Epoxy encapsulation material Market: Segmentation
On the basis of type, the epoxy encapsulation material market has been segmented as:
Normal epoxy encapsulation material
Green epoxy encapsulation material
On the basis of grade, the epoxy encapsulation material market has been segmented as:
Standard grade epoxy encapsulation material
High thermal conductivity grade epoxy encapsulation material
Low stress grade epoxy encapsulation material
Conditioning wax grade epoxy encapsulation material
On the basis of application, the epoxy encapsulation material market has been segmented as:
Printed Circuit Boards
Copper Clad Laminates
On the basis of end-use, the epoxy encapsulation material market has been segmented as:
Electronics & Electrical Component
Epoxy encapsulation material Market: Regional Trends
Countries present in the eastern part of the globe are pegged to be prominent countries in the epoxy encapsulation material market in terms of sales and consumption. China, ASEAN, South Korea and India are rapidly adopting novel technologies in electronic fabrication industry, which is creating substantial demand space for epoxy encapsulation materials.
Developed regions, which include the United States and Western Europe, are considered to be matured regions in the global epoxy encapsulation material market. Countries in Western Europe & North America provide a substantial base for electronic component manufacturing and will exhibit substantial consumption potential for epoxy encapsulation materials. Currently, LA, MEA & Eastern European regions are witnessing low consumption of epoxy encapsulation material. However, they are anticipated to develop as high growth avenues during the latter half of the assessment period. Moreover, these regions are seen as key production hubs for epoxy encapsulation materials because of low-interest rates & labor cost in the region.
Epoxy encapsulation material Market: Market Participants
Some of the market participants identified across the value of the global epoxy encapsulation material market chain are:
Hysol Huawei Electronics
Chang Chun Group
Tianjin Kaihua Insulating Material
Jiangsu zhongpeng new material
The report covers exhaustive analysis on:
Epoxy encapsulation material Market Segments
Epoxy encapsulation material Market Dynamics
Epoxy encapsulation material Market Size
Current Trends/Issues/Challenges pertaining to Market
Competition & Companies involved in Epoxy encapsulation material Market
Technology related to Market
Value Chain associated to Epoxy encapsulation material Market
Regional analysis includes:
North America (U.S., Canada)
Latin America (Mexico, Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
SEAP ( India, ASEAN, Australia & New Zealand)
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The Epoxy encapsulation material Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on Epoxy encapsulation material market segments and geographies.
Detailed overview of parent market
Changing Market dynamics in the industry
In-depth Market segmentation
Historical, current, and projected market size in terms of volume and value of market
Recent industry trends and developments in the market
Competitive landscape of the market
Strategies of key players and products offered in Epoxy encapsulation material market
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
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