The global Chip Encapsulation Resin market size was valued at US$ 399.1 million in 2023. With growing demand in downstream market, the Chip Encapsulation Resin is forecast to a readjusted size of US$ 538 million by 2030 with a CAGR of 4.4% during review period.
The research report highlights the growth potential of the global Chip Encapsulation Resin market. Chip Encapsulation Resin are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Chip Encapsulation Resin. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Chip Encapsulation Resin market.
Chip Encapsulation Resins are designed to protect and insulate printed circuit boards (PCBs) and electronic components from the threats of harsh and challenging environments, including; moisture, vibration, thermal or physical shock and general contamination.
Following a strong growth of 26.2 percent in the year 2021, WSTS revised it down to a single digit growth for the worldwide semiconductor market in 2022 with a total size of US$580 billion, up 4.4 percent. WSTS lowered growth estimation as inflation rises and end markets seeing weaker demand, especially those exposed to consumer spending. While some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.8 percent, Sensors with 16.3 percent, and Logic with 14.5 percent growth. Memory declined with 12.6 percent year over year. In 2022, all geographical regions showed double-digit growth except Asia Pacific. The largest region, Asia Pacific, declined 2.0 percent. Sales in the Americas were US$142.1 billion, up 17.0% year-on-year, sales in Europe were US$53.8 billion, up 12.6% year-on-year, and sales in Japan were US$48.1 billion, up 10.0% year-on-year. However, sales in the largest Asia-Pacific region were US$336.2 billion, down 2.0% year-on-year.
Key Features:
The report on Chip Encapsulation Resin market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Chip Encapsulation Resin market. It may include historical data, market segmentation by Type (e.g., Epoxy, Phenolic Resin), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Chip Encapsulation Resin market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Chip Encapsulation Resin market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Chip Encapsulation Resin industry. This include advancements in Chip Encapsulation Resin technology, Chip Encapsulation Resin new entrants, Chip Encapsulation Resin new investment, and other innovations that are shaping the future of Chip Encapsulation Resin.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Chip Encapsulation Resin market. It includes factors influencing customer ' purchasing decisions, preferences for Chip Encapsulation Resin product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Chip Encapsulation Resin market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Chip Encapsulation Resin market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Chip Encapsulation Resin market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Chip Encapsulation Resin industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Chip Encapsulation Resin market.
Market Segmentation:
Chip Encapsulation Resin market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Epoxy
Phenolic Resin
Vinyl Resin
Silicone Resin
Others
Segmentation by application
Consumer Electronics
Automotive Electronics
IT and Communication Industry
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Nagase ChemteX Corporation
Nitto Denko
OSAKA SODA
Sumitomo Bakelite Company Limited
Chang Chun Group
Mitsui Chemicals
KUKDO Chemical
Henkel
SHOWA DENKO
Huntsman International
H.B. Fuller
ACC Silicones
BASF
DowDuPont
Fuji Chemical Industries
Shin-Etsu Chemical
Master Bond
Key Questions Addressed in this Report
What is the 10-year outlook for the global Chip Encapsulation Resin market?
What factors are driving Chip Encapsulation Resin market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Chip Encapsulation Resin market opportunities vary by end market size?
How does Chip Encapsulation Resin break out type, application?
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1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Chip Encapsulation Resin Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Chip Encapsulation Resin by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Chip Encapsulation Resin by Country/Region, 2019, 2023 & 2030
2.2 Chip Encapsulation Resin Segment by Type
2.2.1 Epoxy
2.2.2 Phenolic Resin
2.2.3 Vinyl Resin
2.2.4 Silicone Resin
2.2.5 Others
2.3 Chip Encapsulation Resin Sales by Type
2.3.1 Global Chip Encapsulation Resin Sales Market Share by Type (2019-2024)
2.3.2 Global Chip Encapsulation Resin Revenue and Market Share by Type (2019-2024)
2.3.3 Global Chip Encapsulation Resin Sale Price by Type (2019-2024)
2.4 Chip Encapsulation Resin Segment by Application
2.4.1 Consumer Electronics
2.4.2 Automotive Electronics
2.4.3 IT and Communication Industry
2.4.4 Others
2.5 Chip Encapsulation Resin Sales by Application
2.5.1 Global Chip Encapsulation Resin Sale Market Share by Application (2019-2024)
2.5.2 Global Chip Encapsulation Resin Revenue and Market Share by Application (2019-2024)
2.5.3 Global Chip Encapsulation Resin Sale Price by Application (2019-2024)
3 Global Chip Encapsulation Resin by Company
3.1 Global Chip Encapsulation Resin Breakdown Data by Company
3.1.1 Global Chip Encapsulation Resin Annual Sales by Company (2019-2024)
3.1.2 Global Chip Encapsulation Resin Sales Market Share by Company (2019-2024)
3.2 Global Chip Encapsulation Resin Annual Revenue by Company (2019-2024)
3.2.1 Global Chip Encapsulation Resin Revenue by Company (2019-2024)
3.2.2 Global Chip Encapsulation Resin Revenue Market Share by Company (2019-2024)
3.3 Global Chip Encapsulation Resin Sale Price by Company
3.4 Key Manufacturers Chip Encapsulation Resin Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Chip Encapsulation Resin Product Location Distribution
3.4.2 Players Chip Encapsulation Resin Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Chip Encapsulation Resin by Geographic Region
4.1 World Historic Chip Encapsulation Resin Market Size by Geographic Region (2019-2024)
4.1.1 Global Chip Encapsulation Resin Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Chip Encapsulation Resin Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Chip Encapsulation Resin Market Size by Country/Region (2019-2024)
4.2.1 Global Chip Encapsulation Resin Annual Sales by Country/Region (2019-2024)
4.2.2 Global Chip Encapsulation Resin Annual Revenue by Country/Region (2019-2024)
4.3 Americas Chip Encapsulation Resin Sales Growth
4.4 APAC Chip Encapsulation Resin Sales Growth
4.5 Europe Chip Encapsulation Resin Sales Growth
4.6 Middle East & Africa Chip Encapsulation Resin Sales Growth
5 Americas
5.1 Americas Chip Encapsulation Resin Sales by Country
5.1.1 Americas Chip Encapsulation Resin Sales by Country (2019-2024)
5.1.2 Americas Chip Encapsulation Resin Revenue by Country (2019-2024)
5.2 Americas Chip Encapsulation Resin Sales by Type
5.3 Americas Chip Encapsulation Resin Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Chip Encapsulation Resin Sales by Region
6.1.1 APAC Chip Encapsulation Resin Sales by Region (2019-2024)
6.1.2 APAC Chip Encapsulation Resin Revenue by Region (2019-2024)
6.2 APAC Chip Encapsulation Resin Sales by Type
6.3 APAC Chip Encapsulation Resin Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Chip Encapsulation Resin by Country
7.1.1 Europe Chip Encapsulation Resin Sales by Country (2019-2024)
7.1.2 Europe Chip Encapsulation Resin Revenue by Country (2019-2024)
7.2 Europe Chip Encapsulation Resin Sales by Type
7.3 Europe Chip Encapsulation Resin Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Chip Encapsulation Resin by Country
8.1.1 Middle East & Africa Chip Encapsulation Resin Sales by Country (2019-2024)
8.1.2 Middle East & Africa Chip Encapsulation Resin Revenue by Country (2019-2024)
8.2 Middle East & Africa Chip Encapsulation Resin Sales by Type
8.3 Middle East & Africa Chip Encapsulation Resin Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Chip Encapsulation Resin
10.3 Manufacturing Process Analysis of Chip Encapsulation Resin
10.4 Industry Chain Structure of Chip Encapsulation Resin
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Chip Encapsulation Resin Distributors
11.3 Chip Encapsulation Resin Customer
12 World Forecast Review for Chip Encapsulation Resin by Geographic Region
12.1 Global Chip Encapsulation Resin Market Size Forecast by Region
12.1.1 Global Chip Encapsulation Resin Forecast by Region (2025-2030)
12.1.2 Global Chip Encapsulation Resin Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Chip Encapsulation Resin Forecast by Type
12.7 Global Chip Encapsulation Resin Forecast by Application
13 Key Players Analysis
13.1 Nagase ChemteX Corporation
13.1.1 Nagase ChemteX Corporation Company Information
13.1.2 Nagase ChemteX Corporation Chip Encapsulation Resin Product Portfolios and Specifications
13.1.3 Nagase ChemteX Corporation Chip Encapsulation Resin Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Nagase ChemteX Corporation Main Business Overview
13.1.5 Nagase ChemteX Corporation Latest Developments
13.2 Nitto Denko
13.2.1 Nitto Denko Company Information
13.2.2 Nitto Denko Chip Encapsulation Resin Product Portfolios and Specifications
13.2.3 Nitto Denko Chip Encapsulation Resin Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Nitto Denko Main Business Overview
13.2.5 Nitto Denko Latest Developments
13.3 OSAKA SODA
13.3.1 OSAKA SODA Company Information
13.3.2 OSAKA SODA Chip Encapsulation Resin Product Portfolios and Specifications
13.3.3 OSAKA SODA Chip Encapsulation Resin Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 OSAKA SODA Main Business Overview
13.3.5 OSAKA SODA Latest Developments
13.4 Sumitomo Bakelite Company Limited
13.4.1 Sumitomo Bakelite Company Limited Company Information
13.4.2 Sumitomo Bakelite Company Limited Chip Encapsulation Resin Product Portfolios and Specifications
13.4.3 Sumitomo Bakelite Company Limited Chip Encapsulation Resin Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Sumitomo Bakelite Company Limited Main Business Overview
13.4.5 Sumitomo Bakelite Company Limited Latest Developments
13.5 Chang Chun Group
13.5.1 Chang Chun Group Company Information
13.5.2 Chang Chun Group Chip Encapsulation Resin Product Portfolios and Specifications
13.5.3 Chang Chun Group Chip Encapsulation Resin Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Chang Chun Group Main Business Overview
13.5.5 Chang Chun Group Latest Developments
13.6 Mitsui Chemicals
13.6.1 Mitsui Chemicals Company Information
13.6.2 Mitsui Chemicals Chip Encapsulation Resin Product Portfolios and Specifications
13.6.3 Mitsui Chemicals Chip Encapsulation Resin Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Mitsui Chemicals Main Business Overview
13.6.5 Mitsui Chemicals Latest Developments
13.7 KUKDO Chemical
13.7.1 KUKDO Chemical Company Information
13.7.2 KUKDO Chemical Chip Encapsulation Resin Product Portfolios and Specifications
13.7.3 KUKDO Chemical Chip Encapsulation Resin Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 KUKDO Chemical Main Business Overview
13.7.5 KUKDO Chemical Latest Developments
13.8 Henkel
13.8.1 Henkel Company Information
13.8.2 Henkel Chip Encapsulation Resin Product Portfolios and Specifications
13.8.3 Henkel Chip Encapsulation Resin Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Henkel Main Business Overview
13.8.5 Henkel Latest Developments
13.9 SHOWA DENKO
13.9.1 SHOWA DENKO Company Information
13.9.2 SHOWA DENKO Chip Encapsulation Resin Product Portfolios and Specifications
13.9.3 SHOWA DENKO Chip Encapsulation Resin Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 SHOWA DENKO Main Business Overview
13.9.5 SHOWA DENKO Latest Developments
13.10 Huntsman International
13.10.1 Huntsman International Company Information
13.10.2 Huntsman International Chip Encapsulation Resin Product Portfolios and Specifications
13.10.3 Huntsman International Chip Encapsulation Resin Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Huntsman International Main Business Overview
13.10.5 Huntsman International Latest Developments
13.11 H.B. Fuller
13.11.1 H.B. Fuller Company Information
13.11.2 H.B. Fuller Chip Encapsulation Resin Product Portfolios and Specifications
13.11.3 H.B. Fuller Chip Encapsulation Resin Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 H.B. Fuller Main Business Overview
13.11.5 H.B. Fuller Latest Developments
13.12 ACC Silicones
13.12.1 ACC Silicones Company Information
13.12.2 ACC Silicones Chip Encapsulation Resin Product Portfolios and Specifications
13.12.3 ACC Silicones Chip Encapsulation Resin Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 ACC Silicones Main Business Overview
13.12.5 ACC Silicones Latest Developments
13.13 BASF
13.13.1 BASF Company Information
13.13.2 BASF Chip Encapsulation Resin Product Portfolios and Specifications
13.13.3 BASF Chip Encapsulation Resin Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 BASF Main Business Overview
13.13.5 BASF Latest Developments
13.14 DowDuPont
13.14.1 DowDuPont Company Information
13.14.2 DowDuPont Chip Encapsulation Resin Product Portfolios and Specifications
13.14.3 DowDuPont Chip Encapsulation Resin Sales, Revenue, Price and Gross Margin (2019-2024)
13.14.4 DowDuPont Main Business Overview
13.14.5 DowDuPont Latest Developments
13.15 Fuji Chemical Industries
13.15.1 Fuji Chemical Industries Company Information
13.15.2 Fuji Chemical Industries Chip Encapsulation Resin Product Portfolios and Specifications
13.15.3 Fuji Chemical Industries Chip Encapsulation Resin Sales, Revenue, Price and Gross Margin (2019-2024)
13.15.4 Fuji Chemical Industries Main Business Overview
13.15.5 Fuji Chemical Industries Latest Developments
13.16 Shin-Etsu Chemical
13.16.1 Shin-Etsu Chemical Company Information
13.16.2 Shin-Etsu Chemical Chip Encapsulation Resin Product Portfolios and Specifications
13.16.3 Shin-Etsu Chemical Chip Encapsulation Resin Sales, Revenue, Price and Gross Margin (2019-2024)
13.16.4 Shin-Etsu Chemical Main Business Overview
13.16.5 Shin-Etsu Chemical Latest Developments
13.17 Master Bond
13.17.1 Master Bond Company Information
13.17.2 Master Bond Chip Encapsulation Resin Product Portfolios and Specifications
13.17.3 Master Bond Chip Encapsulation Resin Sales, Revenue, Price and Gross Margin (2019-2024)
13.17.4 Master Bond Main Business Overview
13.17.5 Master Bond Latest Developments
14 Research Findings and Conclusion
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*If Applicable.
