Press release
Epoxy Resin for Electronic Market Share Driven by Rising Demand in Copper Clad Laminate and Electronic Packaging Applications | Valuates Reports
Epoxy Resin For Electronic Market SizeThe global market for Epoxy Resin For Electronic was valued at US$ 4780 million in the year 2024 and is projected to reach a revised size of US$ 6827 million by 2031, growing at a CAGR of 5.3% during the forecast period.
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Market Overview
The epoxy resin for electronic market is experiencing strong growth as industries increasingly rely on high-performance materials to enhance durability, insulation, and reliability in electronic components. Market trends indicate rising demand for epoxy resins across printed circuit boards, semiconductors, and encapsulation processes, driven by the expansion of consumer electronics, automotive electronics, and telecommunication infrastructure. With rapid advancements in miniaturization and the growing shift toward high-density devices, the market size is expanding steadily across global markets.
Type Segment Analysis
By type, one component epoxy resin holds the largest market share, favored for its ease of use, strong adhesion, and suitability in automated production processes. Dual component epoxy resin is gaining traction as the fastest-growing segment due to its superior mechanical strength, versatility, and wide adoption in demanding applications such as high-power devices. Multicomponent epoxy resin also plays an important role in specialized applications where tailored formulations are required, contributing to overall market growth and product innovation.
Application Segment Analysis
In terms of applications, copper clad laminate manufacturing dominates the epoxy resin for electronic market share, driven by the critical role of epoxy in ensuring strong bonding, high thermal stability, and electrical insulation in circuit boards. Electronic packaging is emerging as the fastest-growing segment, fueled by the rising need for reliable encapsulation solutions in semiconductors, sensors, and microelectronics. Both applications highlight the expanding use of epoxy resins in supporting the ongoing evolution of advanced electronics and next-generation technologies.
Market Forecast and Future Outlook
Looking forward, the market forecast suggests robust growth as technological advancements continue to reshape the electronics industry. Market growth will be supported by increasing demand for lightweight, durable, and thermally stable materials in electric vehicles, 5G networks, and renewable energy systems. Innovations in eco-friendly epoxy formulations and enhanced heat-resistant grades are expected to further strengthen the market size. With global investments in electronics manufacturing and the integration of cutting-edge technologies, the epoxy resin for electronic market is set to maintain its upward trajectory, driving long-term opportunities across multiple sectors.
by Type
• One Component Epoxy Resin
• Dual Component Epoxy Resin
• Multicomponent Epoxy Resin
by Application
• Copper Clad Laminate Manufacturing
• Electronic Packaging
By Company
Olin Corporation, Hexion, Huntsman, Epolab Chemical Industries, Pelnox, Nagase ChemteX Corporation, Epoxy Base Electronic Material, Shengquan Group, Sumitomo Bakelite, Osaka Soda, Mitsubishi Chemical Corporation, Sanmu Group, DIC, Printec, Swancor Advanced Materials, Wells Advanced Materials
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