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.
Some of the key questions
answered in this exclusive report are:
Q.1. What are some of
the most promising, high-growth opportunities for the electronic polymer market
by resin (epoxies, polyimides, polyurethanes, silicones, and others), product
(electronic laminates, packaging materials, connector molding compounds,
electronic adhesives and underfill, and others), type (electroactive polymers,
magnetic polymers, and others), end use industry (electrical and electronics,
packaging and labeling, healthcare devices, automotive, and others), and region
(North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will
grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and
why?
Q.4. What are the key
factors affecting market dynamics? What are the key challenges and business
risks in this market?
Q.5. What are the
business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market
and the reasons behind them?
Q.7. What are some of
the changing demands of customers in the market?
Q.8. What are the new
developments in the market? Which companies are leading these developments?
Q.9. Who are the major
players in this market? What strategic initiatives are key players pursuing for
business growth?
Q.10. What are some of
the competing products in this market and how big of a threat do they pose for
loss of market share by material or product substitution?
Q.11. What M&A
activity has occurred in the last 5 years and what has its impact been on the
industry?
Market Segmentation:
In this market, epoxies,
polyimides, polyurethanes, and silicones are the major segments of electronic
polymer market by resin.
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.
Within this market,
healthcare devices will remain the largest segment due to heightened
understanding of the significance of healthcare, as well as, spending by
consumers allows healthcare providers to employ cutting-edge technologies in
the electronic polymer market.
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.
Celanese Corporation,
Honeywell International, Dupont, Merck Kgaa, Delphon, Dow, Sumitomo Electric
Industries, Arkema, Covestro, and Victrex are the major suppliers in the electronic
polymer market.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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