The Global Liquid Encapsulants Market was valued at USD 2.8 Billion in 2024 and is projected to reach USD 4.1 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.2% during the forecast period (2024–2030). This robust growth is fueled by the escalating demand for advanced electronics, the miniaturization of semiconductor devices, and the accelerating adoption of electric vehicles, which require high-performance encapsulation for power modules and battery management systems.

As the electronics industry evolves toward higher reliability and greater performance demands, the critical role of liquid encapsulants in protecting sensitive components from moisture, dust, thermal stress, and mechanical shock becomes paramount. In this blog, we profile the Top 10 Companies in the Liquid Encapsulants Industry—a mix of established chemical giants, specialty material suppliers, and innovators shaping the future of electronic protection.

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🔟 1. Henkel AG & Co. KGaA

Headquarters: Düsseldorf, Germany
Key Offering: Epoxy, Silicone, and Polyurethane-based Liquid Encapsulants

Henkel is a global leader in adhesive technologies, including a comprehensive portfolio of liquid encapsulants under its Loctite brand. Their products are engineered for a wide range of applications, from consumer electronics and automotive sensors to industrial power modules, offering excellent thermal conductivity and environmental protection.

Innovation Initiatives:

• Development of low-stress, high-reliability formulations for advanced semiconductor packaging

• Expansion of thermally conductive encapsulants for electric vehicle power electronics

• Commitment to sustainable material solutions with reduced environmental impact

Download FREE Sample Report: Liquid Encapsulants Market – View in Detailed Research Report

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9️⃣ 2. Shin-Etsu Chemical Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Silicone-based Liquid Encapsulants, Potting Compounds

Shin-Etsu Chemical is a world-leading manufacturer of silicone products, offering high-purity liquid encapsulants renowned for their superior thermal stability, flexibility, and electrical insulation properties. Their materials are critical in harsh-environment applications like automotive and aerospace electronics.

Innovation Initiatives:

• Pioneering optically clear silicone encapsulants for LED packaging

• Advanced materials for high-voltage applications in next-generation electric vehicles

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8️⃣ 3. Nitto Denko Corporation

Headquarters: Osaka, Japan
Key Offering: Epoxy Molding Compounds (EMC), Liquid Encapsulants

Nitto Denko is a key player in the electronic materials space, providing high-performance liquid encapsulants and molding compounds for semiconductor devices. Their products are designed to meet the stringent requirements of miniaturized and high-power-density electronic components.

Innovation Initiatives:

• Focus on low-alpha ray materials for memory and logic devices to prevent soft errors

• Development of halogen-free, environmentally friendly encapsulant formulations

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7️⃣ 4. Hitachi Chemical Co., Ltd. (Part of Showa Denko Materials)

Headquarters: Tokyo, Japan
Key Offering: Epoxy Encapsulation Resins, Underfill Materials

Hitachi Chemical, now integrated into Showa Denko Materials, offers a robust portfolio of encapsulation materials for semiconductor and electronic component protection. Their expertise lies in creating solutions that enhance the longevity and reliability of devices in demanding conditions.

Innovation Initiatives:

• Investment in materials for fan-out wafer-level packaging (FOWLP) and 3D IC stacking

• Specialized underfill materials for flip-chip applications

Download FREE Sample Report: Liquid Encapsulants Market – View in Detailed Research Report

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6️⃣ 5. Sumitomo Bakelite Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Epoxy Molding Compounds, Liquid Encapsulants for High-Frequency Applications

Sumitomo Bakelite is a major supplier of semiconductor encapsulation materials, with a strong focus on epoxy-based systems. Their liquid encapsulants are engineered for applications requiring low dielectric loss, making them ideal for 5G communication devices and automotive radar systems.

Innovation Initiatives:

• Development of low-dielectric-constant (Dk) and low-dissipation-factor (Df) materials for high-speed applications

• Enhanced thermal management solutions for power semiconductor modules

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5️⃣ 6. KYOCERA Chemical Corporation

Headquarters: Kyoto, Japan
Key Offering: Ceramic-filled Epoxy Encapsulants, Thermal Interface Materials

KYOCERA Chemical leverages its expertise in ceramics to produce advanced liquid encapsulants filled with ceramic particles. These materials offer exceptional thermal conductivity and electrical insulation, which are critical for dissipating heat in high-power electronics like IGBT modules and LEDs.

Innovation Initiatives:

• High-thermal-conductivity formulations surpassing 3.0 W/m·K

• Materials tailored for wide-bandgap semiconductors (SiC, GaN)

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4️⃣ 7. Nagase & Co., Ltd.

Headquarters: Osaka, Japan
Key Offering: Specialty Epoxy and Silicone Encapsulants

Nagase is a specialized chemical company offering high-performance liquid encapsulants through its subsidiaries and partnerships. They provide customized material solutions for challenging applications, focusing on reliability and processability for electronics manufacturers.

Innovation Initiatives:

• Custom-formulated encapsulants for specific customer and application needs

• R&D into fast-curing and low-voiding materials for high-volume manufacturing

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3️⃣ 8. Panasonic Corporation

Headquarters: Kadoma, Osaka, Japan
Key Offering: Encapsulation Resins for In-House and External Use

While primarily an electronics manufacturer, Panasonic also develops and supplies advanced materials, including liquid encapsulants, for its own products and the open market. Their deep understanding of end-use applications drives the development of highly reliable encapsulation solutions.

Innovation Initiatives:

• Integration of material development with component design for optimized performance

• Focus on materials for automotive-grade reliability and longevity

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2️⃣ 9. Epic Resins

Headquarters: Green Bay, Wisconsin, USA
Key Offering: Epoxy and Polyurethane Potting Compounds, Encapsulants

Epic Resins is a significant North American manufacturer of thermoset casting resins and liquid encapsulants. They serve a diverse range of industries, including electrical, electronic, and energy, with a strong emphasis on customer-specific formulations and technical support.

Innovation Initiatives:

• Flexible and rigid polyurethane systems for a variety of environmental protection needs

• Development of flame-retardant encapsulants meeting UL 94 V-0 standards

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1️⃣ 10. DELO Industrial Adhesives

Headquarters: Windach, Germany
Key Offering: Light-Curing Encapsulants, Specialty Epoxies

DELO specializes in high-performance, fast-curing adhesives and encapsulants, particularly UV- and light-curing systems. Their products are ideal for automated, high-precision assembly processes in microelectronics, sensors, and optoelectronics, where rapid processing is essential.

Innovation Initiatives:

• Innovation in dual-cure (UV/heat) systems for shadowed areas

• Low-outgassing formulations for sensitive optical and MEMS applications

Get Full Report Here: Liquid Encapsulants Market – View in Detailed Research Report

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🔮 Outlook: The Future of Liquid Encapsulants Is Smarter and More Specialized

The liquid encapsulants market is undergoing a significant transformation. While traditional epoxy resins continue to hold a major share, the industry is rapidly innovating to meet the demands of next-generation technologies, with a strong focus on thermal management, miniaturization, and high-frequency performance.

📈 Key Trends Shaping the Market:

• R&D into advanced materials for wide-bandgap semiconductors (Silicon Carbide and Gallium Nitride) used in EVs and renewable energy systems.

• Growing demand for low-density, low-dielectric materials to support 5G/6G infrastructure and automotive radar.

• Increased adoption of automated dispensing and potting systems to improve manufacturing yield and consistency.

• Stringent regulatory push for halogen-free and environmentally sustainable formulations across the globe.

Get Full Report Here: Liquid Encapsulants Market – View in Detailed Research Report

The companies listed above are not only supplying essential protective materials—they are enabling the technological advancement and reliability of the modern electronic world.