The Global Epoxy Resin for Encapsulation Market was valued at USD 4.26 Billion in 2024 and is projected to reach USD 6.18 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.4% during the forecast period (2024–2030). This robust growth is fueled by the relentless expansion of the electronics sector, the proliferation of electric vehicles, and the increasing demand for high-performance, miniaturized components that require superior protection from environmental stressors.

As electronic devices become more sophisticated and integrated into every facet of modern life, the materials that ensure their reliability are more critical than ever. Epoxy resins provide essential encapsulation, offering superior electrical insulation, moisture resistance, and mechanical strength. In this blog, we profile the Top 10 Companies in the Epoxy Resin for Encapsulation Industry—a group of chemical giants and specialized manufacturers that are defining the standards for electronic protection and innovation.

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Epoxy Resin for Encapsulation Market – View in Detailed Research Report

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🔟 1. Hexion Inc.

Headquarters: Columbus, Ohio, USA
Key Offering: Epoxy molding compounds, Liquid encapsulants, Underfill materials

Hexion is a global leader in thermoset resins, with a formidable presence in the epoxy encapsulation space. The company’s diverse portfolio caters to semiconductor packaging, LED assembly, and automotive electronics, providing solutions that ensure long-term reliability under harsh operating conditions.

Innovation and R&D Focus:

• Development of high-heat resistance and halogen-free epoxy formulations

• Advanced underfill encapsulants for flip-chip and Ball Grid Array (BGA) packages

• Focus on materials for next-generation power electronics and 5G infrastructure

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9️⃣ 2. Huntsman Corporation

Headquarters: The Woodlands, Texas, USA
Key Offering: Aradur® and Araldite® epoxy systems for encapsulation

Huntsman’s Advanced Materials division is a powerhouse in high-performance epoxy systems. Their encapsulation resins are renowned for excellent adhesion, low shrinkage, and superior electrical properties, making them a preferred choice for demanding applications in automotive, aerospace, and industrial electronics.

Innovation and R&D Focus:

• Bio-based and sustainable epoxy resin development

• Solutions for high-voltage electric vehicle components

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8️⃣ 3. DIC Corporation

Headquarters: Tokyo, Japan
Key Offering: Epiclon® epoxy resins, Molding compounds for semiconductors

DIC Corporation is a major global supplier of epoxy resins and composite materials. Through its strategic acquisitions, including the epoxy business of BASF, DIC has significantly expanded its capacity and technological capabilities in electronic encapsulation materials, particularly for the Asia-Pacific market.

Innovation and R&D Focus:

• Expansion of high-purity epoxy grades for semiconductor packaging

• Development of low-stress molding compounds for large-die devices

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7️⃣ 4. Olin Corporation

Headquarters: Clayton, Missouri, USA
Key Offering: Epoxy resins, Curing agents for electronic applications

Olin is one of the world’s largest integrated producers of epoxy materials, from base epoxy resins to a wide array of formulations. Its products are fundamental building blocks for encapsulants used in transformers, capacitors, and printed circuit boards (PCBs), serving a broad industrial base.

Innovation and R&D Focus:

• Investment in capacity expansion to meet growing global demand

• Focus on tailored solutions with specific thermal and mechanical properties

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6️⃣ 5. Kukdo Chemical Co., Ltd.

Headquarters: Seoul, South Korea
Key Offering: High-purity epoxy resins for LED and semiconductor encapsulation

Kukdo Chemical is a leading South Korean manufacturer specializing in high-value epoxy resins. The company has a strong focus on the electronics industry, offering products with exceptional clarity, thermal stability, and reliability, which are critical for LED packaging and advanced semiconductor devices.

Innovation and R&D Focus:

• R&D dedicated to UV-curable and thermally conductive epoxy systems

• Strategic partnerships with major Asian electronics manufacturers

Download FREE Sample Report:
Epoxy Resin for Encapsulation Market – View in Detailed Research Report

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5️⃣ 6. Nan Ya Plastics Corporation

Headquarters: Taipei, Taiwan
Key Offering: Bisphenol-A Epoxy Resins, Flame-retardant epoxy for PCBs

As part of the Formosa Plastics Group, Nan Ya Plastics is a major global producer of epoxy resins. Its extensive production capacity and cost-effective solutions make it a key supplier for encapsulation materials used in consumer electronics, electrical laminates, and infrastructure.

Innovation and R&D Focus:

• Vertical integration from raw materials to finished epoxy compounds

• Development of environmentally friendly, non-toxic flame retardants

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4️⃣ 7. Osaka Soda Co., Ltd.

Headquarters: Osaka, Japan
Key Offering: Specialty epoxy resins for semiconductor and display encapsulation

Osaka Soda is a prominent Japanese chemical company with a strong portfolio of high-performance epoxy resins. The company excels in producing ultra-pure materials essential for semiconductor encapsulation, where even minute impurities can compromise device performance and yield.

Innovation and R&D Focus:

• Pioneering high-refractive-index epoxies for high-brightness LED packages

• Materials designed for Fan-Out Wafer-Level Packaging (FOWLP)

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3️⃣ 8. Chang Chun Plastics Co., Ltd.

Headquarters: Taipei, Taiwan
Key Offering: Epoxy molding compounds (EMC), Liquid encapsulants

Chang Chun Plastics is a leading supplier of epoxy molding compounds, particularly in the Asian market. The company’s products are widely used for encapsulating discrete semiconductors, integrated circuits, and other microelectronic components, providing critical protection against moisture, heat, and mechanical shock.

Innovation and R&D Focus:

• Focus on low-alpha-particle emitting materials for memory chips

• Development of high thermal conductivity EMCs for power devices

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2️⃣ 9. Epoxy Base Electronic Material Co., Ltd.

Headquarters: Guangdong, China
Key Offering: Specialized epoxy resins for electronic packaging

Epoxy Base Electronic Material is a specialized Chinese manufacturer focused exclusively on epoxy systems for the electronics industry. The company has grown significantly by catering to the domestic market’s demand for reliable, cost-effective encapsulation materials for capacitors, sensors, and module packaging.

Innovation and R&D Focus:

• Rapid customization of formulations to meet specific client requirements

• Expansion of production capabilities to support the growing EV sector in China

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1️⃣ 10. Aditya Birla Chemicals (Thailand) Ltd.

Headquarters: Bangkok, Thailand
Key Offering: Epoxy resins, hardeners for electrical and electronic applications

Part of the Aditya Birla Group, this company is a significant player in the Asian epoxy resin market. It produces a wide range of epoxy products that serve the encapsulation needs of the electrical and electronics industries, with a strong distribution network across Southeast Asia and beyond.

Innovation and R&D Focus:

• Investment in green chemistry initiatives for sustainable epoxy production

• Development of formulations compliant with international safety and environmental standards (RoHS, REACH)

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Epoxy Resin for Encapsulation Market – View in Detailed Research Report

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🔬 Outlook: The Future of Epoxy Encapsulation Is Smarter and More Demanding

The epoxy resin for encapsulation market is evolving rapidly, driven by technological shifts in the electronics industry. While traditional applications continue to demand high volumes, the future lies in advanced formulations that meet the stringent requirements of new technologies like AI processors, wide-bandgap semiconductors, and flexible electronics.

📈 Key Trends Shaping the Market:

• Rising demand for thermally conductive epoxies to manage heat in high-power devices

• Development of low dielectric constant (Dk) and low dissipation factor (Df) materials for high-frequency 5G and radar applications

• Shift towards halogen-free and environmentally friendly flame-retardant systems

• Increasing automation in dispensing and molding processes, requiring epoxies with precise rheological properties

Get Full Report Here:
Epoxy Resin for Encapsulation Market – View in Detailed Research Report

The companies listed above are not only supplying essential materials—they are enabling the technological progress that defines the modern digital world.