Tuesday, 02 January 2024 12:17 GMT

PCB Encapsulation Market Worth $5.59 Billion By 2029 - Exclusive Report By Marketsandmarketstm


(MENAFN- PR Newswire) Asia-Pacific region the fastest-growing in the PCB encapsulation market. The region has a huge, well-established electronics manufacturing base. Countries that constitute this region, like China, Japan, South Korea, and Taiwan, are frontline countries when it comes to the production of consumer electronics, automotive electronics, and industrial electronic components. This high concentration of electronics manufacturing drives significant demand for PCB encapsulations. Added to this, the rapid economic growth in the Asia-Pacific region, coupled with increasing urbanization, resulted in high adoption rates for the advanced electronic devices and hence provided a further boost to the market. This region also benefits from massive investments made in research and development that lead to innovation in adhesives technologies and processes associated with their production. Furthermore, the rapid rise of the automotive industries in countries such as China and India increase the production volume of electric vehicles, thereby boosting the demand for reliable PCB protection solutions. These are some of the factors that make Asia-Pacific a prominent growth driver for the global PCB encapsulation market.

Key Players:

The key players in this market Henkel AG & Co. KGaA (Germany), H.B. Fuller Company (US), Parker-Hannifin Corporation (US), Dow (US), DuPont (US), Nagase ChemteX Corporation (Japan), Huntsman International LLC (US), Wacker Chemie AG (Germany), Shin-Etsu Chemical Co. Ltd., (Japan) Panacol-Elosol GmbH (Germany).

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