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Encapsulation Resins Global Market Report 2024

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    Report

  • 175 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5895344
The encapsulation resins market size has grown steadily in recent years. It will grow from $4.26 billion in 2023 to $4.47 billion in 2024 at a compound annual growth rate (CAGR) of 5.0%. The growth observed during the historic period can be attributed to several factors. These include the expansion of the electronics industry, heightened utilization in automotive electronics, an increased adoption of encapsulation resins in renewable energy applications, and a growing demand within the aerospace and defense sectors. These combined elements significantly contributed to the development and proliferation of encapsulation resins during that period.

The encapsulation resins market size is expected to see steady growth in the next few years. It will grow to $5.3 billion in 2028 at a compound annual growth rate (CAGR) of 4.3%. The anticipated growth in the forecast period can be linked to several key factors. These include the expanding market for electric vehicles (EVs), the rising integration of encapsulation resins in 5G technology, the emergence and proliferation of the Internet of Things (IoT), increased usage in medical electronics, and a heightened emphasis on developing sustainable and eco-friendly formulations for encapsulation resins. Key trends expected during this period include a focus on product innovations within the encapsulation resin industry, a strong emphasis on environmentally friendly resin formulations, the adoption of UV-curable resins, a growing demand for high thermal conductivity resins, and a trend towards customization catering to specific application needs. These trends collectively indicate a progressive trajectory for the encapsulation resin market in the forecast period.

The anticipated increase in the use of electric vehicles is poised to drive the growth of the encapsulation resins market. Electric vehicles, characterized by electric motors drawing power from batteries and the ability to undergo external charging, rely on encapsulation resins to encapsulate electric motors. These resins play a crucial role by providing electrical insulation, thermal dissipation, and managing Noise, Vibration, and Harshness (NVH) levels. Notably, in September 2022, the International Energy Agency reported a 4% rise in electric vehicle sales in 2021, reaching 6.6 million and doubling from the previous year. This surge contributed to a total of 16.5 million electric vehicles on the roads, highlighting the significant impact of the increasing use of electric vehicles on the encapsulation resins market.

The escalating demand for electronic devices is expected to be a driving force behind the growth of the encapsulation resins market. Electronic devices, encompassing a diverse range of products utilizing electronic components, benefit from encapsulation resins that shield these components from environmental factors, such as moisture, dust, and contaminants. This protective measure prevents corrosion and degradation, contributing to the longevity and reliability of electronic devices. As of May 2023, the Japan Electronics and Information Technology Industries Association reported a total electronic device production value of $6,722 million (¥771,457 million), with consumer electronics device production increasing from $230.9 million (¥25,268 million) in May 2022 to $280 million (¥32,099 million) in May 2023. This growth underscores the rising demand for electronic devices, driving the encapsulation resins market forward.

A noteworthy trend gaining prominence in the encapsulation resins market is product innovation. Leading companies in this market are actively developing technological solutions to reinforce their market positions. In October 2021, Huntsman Corporation, a US-based chemical product manufacturer, introduced epoxy encapsulation and impregnation materials designed for the reliable insulation of electric drives. Tailored for 800-volt architectures, these materials address the specific requirements of electric drives, enhancing efficiency and durability in motors operating at higher voltages. The Araldite epoxy resins, known for their outstanding flow and impregnation capabilities, provide effective insulation in electric drives, offering resilience against aggressive chemicals and high temperatures. This innovation caters to diverse industries, including electronics, automotive, aerospace, and construction, responding to the growing demand for encapsulation resins with improved performance and reliability.


Prominent companies in the encapsulation resins market are strategically emphasizing product technologies, with a focus on innovations such as low-pressure molding technology for encapsulation purposes, to secure a competitive edge. Low-pressure molding technology stands out as a encapsulation method that utilizes polyamide adhesive molding compounds, finding applications across diverse sectors, including electronics, medical, and industrial automation. This technology offers economic benefits, precise process control, design flexibility, and environmental advantages. In a notable development, Henkel AG & Co. KGaA, a Germany-based consumer goods manufacturing company, introduced the Technomelt Low Pressure Molding technology in June 2021. Tailored to meet the evolving requirements for encapsulating electronics and medical components, Henkel's Low Pressure Molding technology utilizes Technomelt polyamide adhesive molding compounds. This technology is gaining traction across various sectors, including medical, electronics, power, industrial automation, HVAC, and lighting applications. Its key advantages, including economic efficiency, enhanced process control, design flexibility, and environmental benefits, set it apart from alternative systems such as potting with reactive resin systems and high-pressure injection molding.

In January 2021, Huntsman Corporation, a US-based chemical products manufacturer, acquired Gabriel Performance Products for a sum of $250 million. This acquisition bolsters Huntsman Corporation's capabilities by integrating key components in adhesive and coatings applications, enhancing its product offerings. Gabriel Performance Products, also based in the US, specializes in manufacturing specialty chemicals for the coatings, adhesives, and composite markets. The acquisition strategically aligns with Huntsman Corporation's growth objectives, positioning it to capitalize on emerging opportunities in the encapsulation resins market and related applications.

Major companies operating in the encapsulation resins market report are Hitachi Chemical Co. Ltd., Dow (The Dow Chemical Company), 3M Company, Henkel AG & Co. KGaA, BASF SE, Shin-Etsu Chemical Co. Ltd., Arkema Group, Huntsman International LLC, Givaudan SA, H.B. Fuller Company, ELANTAS GmbH, LORD Corporation, Momentive Performance Materials Inc., Dymax Corporation, Optics Balzers AG, Electrolube Ltd., Epoxy Technology Inc., NAGASE ChemteX Corporation, Panacol-Elosol GmbH, RBC Industries Inc., Robnor ResinLab Ltd., MG Chemicals Ltd., Coatema Coating Machinery GmbH, Master Bond Inc., Mereco Technologies Group Inc., ACCRAbond Corporation.

North America was the largest region in the encapsulation resins market in 2023. The regions covered in the encapsulation resins market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the encapsulation resins market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The primary varieties of encapsulation resins include epoxy resins, polyurethane resins, silicone resins, and other variations. Epoxy resins, known for their exceptional electrical insulation properties, high chemical resistance, and robust mechanical strength, fall under the category of thermosetting resins. These resins find applications across various sectors, including transformers, sensors, switchgear, insulators, capacitors, relays and coils, adhesives and sealants, among others. They serve multiple industries such as building and construction, automotive, transportation, electrical and electronics, marine, and more.

The encapsulation resins market research report is one of a series of new reports that provides encapsulation resins market statistics, including encapsulation resins industry global market size, regional shares, competitors with a encapsulation resins market share, detailed encapsulation resins market segments, market trends and opportunities, and any further data you may need to thrive in the encapsulation resins industry. This encapsulation resins market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The encapsulation resins market consists of sales of urethane, acrylic, and polyester resins. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).


The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Encapsulation Resins Market Characteristics3. Encapsulation Resins Market Trends and Strategies
4. Encapsulation Resins Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Encapsulation Resins Market Size and Growth
5.1. Global Encapsulation Resins Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Encapsulation Resins Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Encapsulation Resins Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Encapsulation Resins Market Segmentation
6.1. Global Encapsulation Resins Market, Segmentation by Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Epoxy Resins
  • Polyurethane Resins
  • Silicone resins
  • Other Resins
6.2. Global Encapsulation Resins Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Transformers
  • Sensors
  • Switchgears
  • Insulators
  • Capacitors
  • Relays and Coils
  • Adhesives and Sealants
  • Other Applications
6.3. Global Encapsulation Resins Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Building and Construction
  • Automotive
  • Transportation
  • Electrical and Electronics
  • Marine
  • Other End-Users
7. Encapsulation Resins Market Regional and Country Analysis
7.1. Global Encapsulation Resins Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Encapsulation Resins Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Encapsulation Resins Market
8.1. Asia-Pacific Encapsulation Resins Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Encapsulation Resins Market, Segmentation by Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Encapsulation Resins Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Encapsulation Resins Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Encapsulation Resins Market
9.1. China Encapsulation Resins Market Overview
9.2. China Encapsulation Resins Market, Segmentation by Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Encapsulation Resins Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Encapsulation Resins Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Encapsulation Resins Market
10.1. India Encapsulation Resins Market, Segmentation by Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Encapsulation Resins Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Encapsulation Resins Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Encapsulation Resins Market
11.1. Japan Encapsulation Resins Market Overview
11.2. Japan Encapsulation Resins Market, Segmentation by Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Encapsulation Resins Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Encapsulation Resins Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Encapsulation Resins Market
12.1. Australia Encapsulation Resins Market, Segmentation by Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Encapsulation Resins Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Encapsulation Resins Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Encapsulation Resins Market
13.1. Indonesia Encapsulation Resins Market, Segmentation by Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Encapsulation Resins Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Encapsulation Resins Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Encapsulation Resins Market
14.1. South Korea Encapsulation Resins Market Overview
14.2. South Korea Encapsulation Resins Market, Segmentation by Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Encapsulation Resins Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Encapsulation Resins Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Encapsulation Resins Market
15.1. Western Europe Encapsulation Resins Market Overview
15.2. Western Europe Encapsulation Resins Market, Segmentation by Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Encapsulation Resins Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Encapsulation Resins Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Encapsulation Resins Market
16.1. UK Encapsulation Resins Market, Segmentation by Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Encapsulation Resins Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Encapsulation Resins Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Encapsulation Resins Market
17.1. Germany Encapsulation Resins Market, Segmentation by Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Encapsulation Resins Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Encapsulation Resins Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Encapsulation Resins Market
18.1. France Encapsulation Resins Market, Segmentation by Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Encapsulation Resins Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Encapsulation Resins Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Encapsulation Resins Market
19.1. Italy Encapsulation Resins Market, Segmentation by Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Encapsulation Resins Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Encapsulation Resins Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Encapsulation Resins Market
20.1. Spain Encapsulation Resins Market, Segmentation by Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Encapsulation Resins Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Encapsulation Resins Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Encapsulation Resins Market
21.1. Eastern Europe Encapsulation Resins Market Overview
21.2. Eastern Europe Encapsulation Resins Market, Segmentation by Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Encapsulation Resins Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Encapsulation Resins Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Encapsulation Resins Market
22.1. Russia Encapsulation Resins Market, Segmentation by Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Encapsulation Resins Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Encapsulation Resins Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Encapsulation Resins Market
23.1. North America Encapsulation Resins Market Overview
23.2. North America Encapsulation Resins Market, Segmentation by Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Encapsulation Resins Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Encapsulation Resins Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Encapsulation Resins Market
24.1. USA Encapsulation Resins Market Overview
24.2. USA Encapsulation Resins Market, Segmentation by Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Encapsulation Resins Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Encapsulation Resins Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Encapsulation Resins Market
25.1. Canada Encapsulation Resins Market Overview
25.2. Canada Encapsulation Resins Market, Segmentation by Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Encapsulation Resins Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Encapsulation Resins Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Encapsulation Resins Market
26.1. South America Encapsulation Resins Market Overview
26.2. South America Encapsulation Resins Market, Segmentation by Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Encapsulation Resins Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Encapsulation Resins Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Encapsulation Resins Market
27.1. Brazil Encapsulation Resins Market, Segmentation by Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Encapsulation Resins Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Encapsulation Resins Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Encapsulation Resins Market
28.1. Middle East Encapsulation Resins Market Overview
28.2. Middle East Encapsulation Resins Market, Segmentation by Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Encapsulation Resins Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Encapsulation Resins Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Encapsulation Resins Market
29.1. Africa Encapsulation Resins Market Overview
29.2. Africa Encapsulation Resins Market, Segmentation by Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Encapsulation Resins Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Encapsulation Resins Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Encapsulation Resins Market Competitive Landscape and Company Profiles
30.1. Encapsulation Resins Market Competitive Landscape
30.2. Encapsulation Resins Market Company Profiles
30.2.1. Hitachi Chemical Co. Ltd.
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Dow (the Dow Chemical Company)
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. 3M Company
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Henkel AG & Co. KGaA
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. BASF SE
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Encapsulation Resins Market Other Major and Innovative Companies
31.1. Shin-Etsu Chemical Co. Ltd.
31.2. Arkema Group
31.3. Huntsman International LLC
31.4. Givaudan SA
31.5. H.B. Fuller Company
31.6. ELANTAS GmbH
31.7. LORD Corporation
31.8. Momentive Performance Materials Inc.
31.9. Dymax Corporation
31.10. Optics Balzers AG
31.11. Electrolube Ltd.
31.12. Epoxy Technology Inc.
31.13. NAGASE ChemteX Corporation
31.14. Panacol-Elosol GmbH
31.15. RBC Industries Inc.
32. Global Encapsulation Resins Market Competitive Benchmarking33. Global Encapsulation Resins Market Competitive Dashboard34. Key Mergers and Acquisitions in the Encapsulation Resins Market
35. Encapsulation Resins Market Future Outlook and Potential Analysis
35.1 Encapsulation Resins Market in 2028 - Countries Offering Most New Opportunities
35.2 Encapsulation Resins Market in 2028 - Segments Offering Most New Opportunities
35.3 Encapsulation Resins Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Encapsulation Resins Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on encapsulation resins market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for encapsulation resins? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Report Scope

Markets Covered:
1) By Resin Type: Epoxy Resins; Polyurethane Resins; Silicone resins; Other Resins
2) By Application: Transformers; Sensors; Switchgears; Insulators; Capacitors; Relays and Coils; Adhesives and Sealants; Other Applications
3) By End-Use Industry: Building and Construction; Automotive; Transportation; Electrical and Electronics; Marine; Other End-Users

Key Companies Mentioned: Hitachi Chemical Co. Ltd.; Dow (The Dow Chemical Company); 3M Company; Henkel AG & Co. KGaA; BASF SE

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Companies Mentioned

  • Hitachi Chemical Co. Ltd.
  • Dow (The Dow Chemical Company)
  • 3M Company
  • Henkel AG & Co. KGaA
  • BASF SE
  • Shin-Etsu Chemical Co. Ltd.
  • Arkema Group
  • Huntsman International LLC
  • Givaudan SA
  • H.B. Fuller Company
  • ELANTAS GmbH
  • LORD Corporation
  • Momentive Performance Materials Inc.
  • Dymax Corporation
  • Optics Balzers AG
  • Electrolube Ltd.
  • Epoxy Technology Inc.
  • NAGASE ChemteX Corporation
  • Panacol-Elosol GmbH
  • RBC Industries Inc.
  • Robnor ResinLab Ltd.
  • MG Chemicals Ltd.
  • Coatema Coating Machinery GmbH
  • Master Bond Inc.
  • Mereco Technologies Group Inc.
  • ACCRAbond Corporation.

Methodology

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