The Global Liquid Encapsulants Market was valued at USD 112.5 Million in 2022 and is projected to reach USD 198.7 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 7.9% during the forecast period (2022–2029). This growth is being driven by the surging demand for advanced electronics protection in consumer devices, automotive systems, and industrial applications, coupled with the rising adoption of miniaturization in semiconductors and the push for reliable, moisture-resistant encapsulants across telecommunications and automation sectors.
The USA market for the Global Liquid Encapsulants market is estimated to increase from USD 25 Million in 2022 to reach USD 45 Million by 2030, at a CAGR of 7.8% during the forecast period of 2023 through 2030. The China market for the Global Liquid Encapsulants market is estimated to increase from USD 30 Million in 2022 to reach USD 60 Million by 2030, at a CAGR of 9.0% during the forecast period of 2023 through 2030. The Europe market for the Global Liquid Encapsulants market is estimated to increase from USD 20 Million in 2022 to reach USD 35 Million by 2030, at a CAGR of 7.5% during the forecast period of 2023 through 2030.
This report aims to provide a comprehensive presentation of the global market for Liquid Encapsulants, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Liquid Encapsulants. This report contains market size and forecasts of Liquid Encapsulants in global, including the following market information:
- Global Liquid Encapsulants Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Liquid Encapsulants Market Sales, 2018-2023, 2024-2029, (Kiloton)
- Global top five Liquid Encapsulants companies in 2022 (%)
The U.S. Market is Estimated at $25 Million in 2022, While China is Forecast to Reach $60 Million. Epoxy Modified Resins Segment to Reach $80 Million by 2029, with a 8.2% CAGR in next six years. The global key manufacturers of Liquid Encapsulants include Henkel, Hitachi Chemical, KYOCERA, Panasonic, Sumitomo Bakelite, Sanyu Rec, Shin-Etsu Chemical, NITTO DENKO and NAGASE, etc. in 2022, the global top five players have a share approximately 65% in terms of revenue. We surveyed the Liquid Encapsulants manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Liquid Encapsulants Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Kiloton)
Global Liquid Encapsulants Market Segment Percentages, by Type, 2022 (%)
- Epoxy Modified Resins
- Epoxy Resins
- Others
Global Liquid Encapsulants Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Kiloton)
Global Liquid Encapsulants Market Segment Percentages, by Application, 2022 (%)
- Consumer Electronics
- Industrial Electronics
- Automotive
- Industrials Automation
- Telecommunication
- Others
Global Liquid Encapsulants Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Kiloton)
Global Liquid Encapsulants Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
As the electronics and manufacturing industries evolve toward greater reliability, miniaturization, and environmental resilience, the focus turns to the leading providers of liquid encapsulants who are pioneering protective solutions, enhancing performance, and supporting sustainable practices. In this blog, we profile the Top 10 Companies in the Liquid Encapsulants Industry—a blend of chemical giants, materials specialists, and innovators in epoxy-based formulations advancing protection for global electronics and beyond.
🔟 1. Epic Resins
Headquarters: Midwest City, Oklahoma, USA
Key Offering: Epoxy-based liquid encapsulants, custom formulations for electronics
Epic Resins stands out as a key player in the liquid encapsulants space, specializing in high-performance epoxy systems tailored for protecting sensitive electronic components from moisture, thermal stress, and mechanical damage. With a strong emphasis on custom solutions, the company serves a wide array of industries, including consumer electronics and industrial automation, where reliability is paramount. Their products are designed to flow easily during application and cure to form robust barriers, ensuring long-term device integrity in harsh environments. Furthermore, Epic Resins has been expanding its portfolio to meet the demands of evolving technologies like 5G infrastructure, where encapsulants must withstand higher frequencies and temperatures without compromising signal integrity.
Sustainability Initiatives:
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Development of low-VOC epoxy formulations to reduce environmental impact
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Focus on recyclable resin systems for end-of-life electronics management
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Partnerships with electronics manufacturers to optimize material efficiency
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9️⃣ 2. NAGASE
Headquarters: Osaka, Japan
Key Offering: Epoxy modified resins, advanced liquid encapsulants for semiconductors
NAGASE has established itself as a vital contributor to the liquid encapsulants market through its expertise in fine chemicals and resin technologies. The company provides encapsulants that offer superior adhesion and thermal conductivity, crucial for protecting semiconductors in automotive and telecommunication devices. Operating globally, NAGASE leverages its distribution network to deliver innovative products that support the miniaturization trend in electronics. Because of its commitment to R&D, NAGASE continually refines formulations to improve curing times and reduce processing costs, making their solutions appealing for high-volume manufacturing. In recent years, they have focused on integrating functional additives that enhance flame retardancy without halogens, aligning with global safety standards.
Sustainability Initiatives:
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Investment in bio-based resin alternatives to lower carbon footprint
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Collaboration on circular economy projects for resin recycling
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Efforts to minimize waste in production processes
8️⃣ 3. NITTO DENKO
Headquarters: Osaka, Japan
Key Offering: Liquid encapsulants for displays and sensors, epoxy resins
Nitto Denko excels in developing liquid encapsulants that protect delicate components in displays, sensors, and power modules, particularly in the consumer electronics and automotive sectors. Their products are renowned for excellent moisture resistance and optical clarity, which are essential for applications like OLED screens and electric vehicle batteries. The company’s approach involves integrating advanced nanotechnology to enhance barrier properties, allowing devices to perform reliably under extreme conditions. However, as market demands shift toward sustainability, Nitto Denko is adapting by exploring lighter-weight formulations that contribute to overall energy efficiency in end products.
Sustainability Initiatives:
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Promotion of energy-efficient curing methods to cut energy use
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Development of halogen-free, eco-friendly encapsulants
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Global programs for reducing plastic waste in electronics assembly
7️⃣ 4. Shin-Etsu Chemical
Headquarters: Tokyo, Japan
Key Offering: Silicone-epoxy hybrid encapsulants, high-reliability liquids for industrials
Shin-Etsu Chemical is a powerhouse in the liquid encapsulants arena, offering hybrid materials that combine silicone flexibility with epoxy durability for superior protection in industrial electronics and automation equipment. Their encapsulants are widely used in harsh environments, such as manufacturing plants and outdoor telecom gear, providing insulation against vibration and corrosion. With a robust R&D infrastructure, Shin-Etsu invests heavily in improving thermal management properties, ensuring that encapsulated components maintain performance during high-heat operations. This focus has positioned them as a preferred supplier for next-generation industrial automation, where downtime from failures can be costly.
Sustainability Initiatives:
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Shift toward renewable raw materials in resin production
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Certification for low-emission manufacturing facilities
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Initiatives to extend product lifespan through enhanced durability
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6️⃣ 5. Sanyu Rec
Headquarters: Saitama, Japan
Key Offering: Specialized epoxy encapsulants for automotive and consumer uses
Sanyu Rec contributes significantly to the liquid encapsulants market by providing cost-effective, high-quality epoxy solutions optimized for automotive electronics and consumer gadgets. Their products excel in underfill applications, filling gaps between chips and substrates to prevent delamination under thermal cycling. Operating primarily in Asia-Pacific, Sanyu Rec benefits from proximity to major electronics hubs, enabling quick response to market needs. Furthermore, their emphasis on processability allows for easier integration into automated production lines, reducing manufacturing time and costs for clients in the fast-paced consumer electronics industry.
Sustainability Initiatives:
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Adoption of solvent-free formulations to lower VOC emissions
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Partnerships for recovering and reusing production scraps
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Focus on durable encapsulants to reduce electronic waste
5️⃣ 6. Sumitomo Bakelite
Headquarters: Tokyo, Japan
Key Offering: Advanced liquid encapsulants for semiconductors and LEDs
Sumitomo Bakelite leads in the development of liquid encapsulants tailored for semiconductor packaging and LED lighting, offering materials with exceptional electrical insulation and heat dissipation. Their innovations address the challenges of high-density integration in modern devices, ensuring protection against short circuits and environmental hazards. As a veteran in the materials science field, Sumitomo Bakelite collaborates closely with chip manufacturers to customize encapsulants that match specific thermal expansion coefficients, minimizing stress failures. This strategic approach has solidified their role in powering advancements in telecommunication and industrial electronics worldwide.
Sustainability Initiatives:
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Research into biodegradable epoxy components
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Certification under ISO 14001 for environmental management
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Programs to optimize resource use in global supply chains
4️⃣ 7. Panasonic
Headquarters: Osaka, Japan
Key Offering: Epoxy liquid encapsulants for consumer and industrial electronics
Panasonic brings its electronics expertise to the liquid encapsulants market, producing encapsulants that safeguard components in everything from smartphones to factory automation systems. Their materials are engineered for low viscosity, enabling precise application in tight spaces, and provide robust defense against humidity and chemicals. With a global presence, Panasonic integrates encapsulant technology into its broader ecosystem of devices, fostering synergies that enhance overall product reliability. However, the company is also navigating challenges like raw material volatility by diversifying suppliers and investing in in-house formulation capabilities.
Sustainability Initiatives:
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Development of lead-free, RoHS-compliant encapsulants
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Energy-saving curing technologies to reduce operational costs
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Corporate goals for carbon neutrality by 2050
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3️⃣ 8. KYOCERA
Headquarters: Kyoto, Japan
Key Offering: High-performance liquid encapsulants for telecom and automotive
KYOCERA is renowned for its ceramic and materials technologies, extending into liquid encapsulants that offer unmatched thermal stability for telecommunications infrastructure and automotive ECUs. Their products feature high filler content for better heat transfer, crucial in 5G base stations and EV powertrains. KYOCERA’s commitment to quality is evident in their rigorous testing protocols, ensuring encapsulants meet stringent industry standards like AEC-Q100 for automotive reliability. As electrification accelerates, KYOCERA is scaling production to meet the growing need for encapsulants that support higher power densities without failure.
Sustainability Initiatives:
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Use of recycled materials in non-critical encapsulant layers
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Water conservation measures in manufacturing
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Collaborations for sustainable sourcing of epoxy precursors
2️⃣ 9. Hitachi Chemical
Headquarters: Tokyo, Japan
Key Offering: Epoxy modified liquid encapsulants for industrial and consumer applications
Hitachi Chemical, now part of Showa Denko Materials, dominates in providing modified epoxy encapsulants that enhance adhesion and flexibility for industrial sensors and consumer wearables. Their formulations are optimized for low-temperature curing, speeding up production cycles while maintaining mechanical strength. With deep roots in electronics, Hitachi Chemical drives innovation through joint ventures, focusing on encapsulants that integrate with flexible circuits for wearable tech. This positions them well in emerging markets like health monitoring devices, where protection from sweat and movement is essential.
Sustainability Initiatives:
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Advancement of solventless systems to eliminate hazardous chemicals
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Life-cycle assessments to minimize environmental impact
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Support for global e-waste reduction efforts
1️⃣ 10. Henkel
Headquarters: Düsseldorf, Germany
Key Offering: LOCTITE brand liquid encapsulants, epoxy resins for electronics protection
Henkel tops the list as a global leader in adhesives and encapsulants, with its LOCTITE and Bergquist brands delivering comprehensive liquid solutions for potting, underfilling, and conformal coating in electronics. Serving major sectors like automotive, telecom, and consumer devices, Henkel’s products excel in thermal management and vibration damping, critical for high-reliability applications. Their extensive R&D network enables rapid adaptation to trends like IoT proliferation, where encapsulants must protect against dust and moisture in connected devices. Henkel’s scale allows for cost-effective, high-volume supply, making them indispensable to OEMs worldwide.
Sustainability Initiatives:
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Portfolio of 100% renewable content encapsulants
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Global recycling programs for production waste
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Commitment to Scope 3 emissions reduction in supply chains
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🌍 Outlook: The Future of Liquid Encapsulants Is More Resilient and Eco-Friendly
The liquid encapsulants market is experiencing a transformative phase. While epoxy resins continue to hold a significant share, the sector is channeling substantial investments into advanced formulations, nanotechnology integrations, and sustainable materials to address the demands of next-generation electronics. As device complexity increases, encapsulants will play a pivotal role in ensuring longevity and performance, particularly in electric vehicles, 5G networks, and smart factories.
📈 Key Trends Shaping the Market:
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Expansion of low-viscosity encapsulants for finer semiconductor packaging in Asia-Pacific
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Regulatory emphasis on halogen-free and low-VOC materials by 2030
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Integration of IoT-compatible, flexible encapsulants for wearables
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Strategic alliances between resin producers and electronics firms for customized solutions
Read Full Report: Liquid Encapsulants Market – View in Detailed Research Report
The companies listed above are not only shielding global electronics—they’re pioneering the resilient and green evolution of the industry.
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