PUBLISHER: Lucintel | PRODUCT CODE: 1417223
PUBLISHER: Lucintel | PRODUCT CODE: 1417223
Electronic Polymer Trends and Forecast
The future of the global electronic polymer market looks promising with opportunities in the electrical and electronics, packaging and labeling, healthcare devices, and automotive markets. The global electronic polymer market is expected to reach an estimated $10 billion by 2030 with a CAGR of 8.1% from 2024 to 2030. The major drivers for this market are rising demand for light-weight and high-performance materials used in number of electronic gadgets ranging from computers to smartphones, growing trend of flexible and wearable electronic devices, and increasing demand for polymer-based adhesives used in bonding and encapsulating semiconductor chips.
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Electronic Polymer by Segment
The study includes a forecast for the global electronic polymer by resin, product, type, end use industry, and region.
List of Electronic Polymer Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies electronic polymer companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the electronic polymer companies profiled in this report include-
Electronic Polymer Market Insights
Lucintel forecasts that epoxies will remain the largest segment over the forecast period because these resins are widely employed in the electronics industry owing to their excellent mechanical and electrical qualities, as well as, their capacity to offer defense against harsh chemicals and heat.
APAC is expected to witness highest growth over the forecast period due to expanding economy, growing population, and rising investment, as well as, constant innovation and introduction of new, more effective, and efficient products by the producers in the region.
Features of the Global Electronic Polymer Market
Market Size Estimates: Electronic polymer market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Electronic polymer market size by various segments, such as by resin, product, type, end use industry, and region in terms of value ($B).
Regional Analysis: Electronic polymer market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different resin, product, type, end use industry, and regions for the electronic polymer market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the electronic polymer market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the electronic polymer market size?
Answer: The global electronic polymer market is expected to reach an estimated $10 billion by 2030.
Q2. What is the growth forecast for electronic polymer market?
Answer: The global electronic polymer market is expected to grow with a CAGR of 8.1% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the electronic polymer market?
Answer: The major drivers for this market are rising demand for light-weight and high-performance materials used in number of electronic gadgets ranging from computers to smartphones, growing trend of flexible and wearable electronic devices and increasing demand for polymer-based adhesives used in bonding and encapsulating semiconductor chips.
Q4. What are the major segments for electronic polymer market?
Answer: The future of the electronic polymer market looks promising with opportunities in the electrical and electronics, packaging and labeling, healthcare devices, and automotive markets.
Q5. Who are the key electronic polymer market companies?
Answer: Some of the key electronic polymer companies are as follows.
Q6. Which electronic polymer market segment will be the largest in future?
Answer: Lucintel forecasts that epoxies will remain the largest segment over the forecast period because these resins are widely employed in the electronics industry owing to their excellent mechanical and electrical qualities, as well as, their capacity to offer defense against harsh chemicals and heat.
Q7. In electronic polymer market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to expanding economy, growing population, and rising investment, as well as, constant innovation and introduction of new, more effective, and efficient products by the producers in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.