LED Encapsulants
Market
LED Encapsulants Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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LED Encapsulants Market Size and Growth
The global LED Encapsulants market is projected to reach USD 1.2 billion by 2025, with a CAGR of 9.7% during the forecast period. Increasing demand for energy-efficient lighting solutions and technological advancements in LED encapsulation materials are driving market growth. Key players include Dow Corning, Henkel, and Shin-Etsu Chemical Co., Ltd.
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Companies Covered (Covid 19 Impact Covered)
◍ Dow
◍ Nitto Denko Corporation
◍ Henkel
◍ Shin-Etsu Chemical
◍ Wacker Chemie AG
◍ Momentive
◍ Hitachi Chemical
◍ H.B. Fuller
◍ Nagase
◍ Nusil
◍ Quantum Silicones (CHT)
◍ SolEpoxy
◍ Epic Resins
The LED encapsulants market is highly competitive with key players including Dow, Nitto Denko Corporation, Henkel, Shin-Etsu Chemical, Wacker Chemie AG, Momentive, Hitachi Chemical, H.B. Fuller, Nagase, Nusil, Quantum Silicones, SolEpoxy, Epic Resins. These companies provide high-performance encapsulants that enhance LED performance and reliability, driving market growth.
- Dow: $46.5 billion in sales revenue
- Henkel: $23.7 billion in sales revenue
- Shin-Etsu Chemical: $9.8 billion in sales revenue
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Market Segmentation
By Application
◍ Consumer Electronics
◍ Automotive
◍ Architectural Lighting
◍ Others
By Product
◍ Epoxides
◍ Polyimides
◍ Silicones (RTV, gel, etc.)
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$ X Billion USD
Market Growth
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