Top 20 Companies in Encapsulants Market 2025: Strategic Overview & Future Trends (2024–2035)
RELEASE DATE: Sep 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Encapsulants Market Size is projected to Grow from USD 5.1 Billion in 2024 to USD 10.6 Billion by 2035, at a CAGR of 7.59% during the forecast period 2025–2035. The market for Encapsulants is growing demand due to rising demand for reliable protection of electronic components against moisture, dust, thermal stress, and chemical exposure.
Introduction
Encapsulants are looking at the market size stable increase, which is inspired by the increasing demand for reliable security of electronic components against moisture, dust, thermal stress and chemical risk. Encapsulants, including resins, gels, and potting compounds, are widely used to enhance durability, insulation and performance in consumer electronics, automotive, renewable energy, aerospace and industrial applications. Electric vehicles (EVS) and renewable energy systems, such as solar and air, safety and efficiency, are increasing the requirement of high-demonstrations encouncing enacoskshalation materials. Technological progress, such as UV-Allage and silicone-based yoga, are supporting further adoption. However, raw material prices offer ups and strict environmental rules challenges. Asia-Pacific dominates the market due to strong electronics and automotive manufacturing, while North America and Europe show stable demand. Encapsulants present the market electronics, inspired by rapid progress in renewable energy and power dynamics. Increase in electric vehicles (EVS) and battery technologies requires high -performance encullers to ensure protection, thermal stability and protection from rigorous environment. Similarly, increasing adoption of solar photovoltaic (PV) systems and wind energy creates demand for encapsulation solutions that increase reliability and expand lifespan. In consumer electronics, upgraded, open paths for mild encapsulants with better dielectric properties than miniatures and rise of 5G connectivity. Aerospace and healthcare sector also provide the possibilities of growth through increasing use of high-end electronic systems. Additionally, opportunities lie in the development
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Encapsulants Market Size & Statistics
- The Market Size for Encapsulants Was estimated to be worth USD 5.1 Billion in 2024.
- The Market Size is going to Expand at a CAGR of 7.59% between 2025 and 2035.
- The Global Encapsulants Market Size is anticipated to reach USD 10.6 Billion by 2035.
- North America is expected to generate the highest demand during the forecast period in the Encapsulants Market
- Asia Pacific is expected to grow the fastest during the forecast period in the Encapsulants Market.
Regional growth and demand
Asia pacific is expected to grow the fastest during the forecast period in the encapsulants market.
China, Japan, South Korea and India are important contributions due to their dominance in semiconductor, consumer electronics and electric vehicles (EV) industries. Renewable energy, especially in China and India, adopt solar energy, is demanding encapsulant that improves the durability and efficiency of photovoltaic modules. The rapidly growing EV region in the entire region requires a high -performance enac tense for battery and power electronics. Additionally, 5G infrastructure and IOT devices are expanding the growing investment applications. In combination with cost-effective manufacturing, technological progress and auxiliary government initiative, Asia-Pacific is the fastest growing market with important long-term opportunities.
North America is expected to generate the highest demand during the forecast period in the encapsulants market.
Increasing the region's advanced manufacturing base and electric vehicles (EVS) promotes the demand for high -performance encapsulants that ensure thermal stability, insulation and safety of critical components. The renewable energy sector, especially solar and wind, supports further growth because encults increase reliability and expand the lifetime of energy systems. The presence of major aerospace and defense industries also creates opportunities for special yogas performing in extreme conditions. Additionally, push for durable and low-VOC content U.S. And aligns with the regulatory structure in Canada.
Top 10 Trends in the Encapsulants Market
- Electronics & Automotive Sector Growth
- Renewable Energy
- Miniaturization
- Sustainable and Bio-based Encapsulants
- Advanced Materials
- Microencapsulation
- Artificial Intelligence (AI) Integration
- Raw Material Price Volatility
- Customized Solutions
- Supply Chain Constraints
1. Electronics & Automotive Sector Growth
Rising demand for electrical and electronic appliances and growing needs in the automotive sector are major drivers.
2. Renewable Energy
Favorable government incentives and increasing electricity demand fuel the growth of the solar encapsulation market.
3, Miniaturization
The demand for miniaturized electronic devices drives the need for precise and reliable encapsulation solutions.
4. Sustainable and Bio-based Encapsulants
There is a growing focus on sustainable and eco-friendly encapsulant materials.
Empower your strategic planning:
Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the Encapsulants market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 10 Companies Leading the Encapsulants Market
- Cargill
- BASF
- Kerry
- Dow
- Shin-Etsu Chemical
- Henkel
- Huntsman
- 3M
- DuPont
- STR Holdings
- Others
1. Cargill
Headquarters: U.S.
Cargill is a major player in the food encapsulation market, offering stable emulsions and encapsulation services for flavors, nutrients, and other food ingredients to improve product stability, shelf-life, and functionality for the food and beverage industry. They focus on innovative techniques for controlled ingredient release, bioactives for nutraceuticals, and natural, biodegradable agents for clean-label products, aligning with global health, wellness, and convenience food trends.
2. BASF
Headquarters: Germany
BASF is a major player in the encapsulants market, leveraging its microencapsulation technology across diverse sectors including pharmaceuticals, food and beverages, personal care, and agricultural solutions. The company offers patented technologies like solid lipid encapsulation for personal care ingredients and carbodiimide systems for sand encapsulation, while expanding its geographical presence and R&D capabilities in key growth regions like Asia Pacific to meet increasing market demand for stable, controlled-release products.
3. Kerry
Headquarters: Ireland
Kerry, an Ireland-based company is a key player in the food encapsulation and microencapsulation market but not directly in the broader "Encapsulants market," which includes industries like electronics and automotive. Kerry provides encapsulation solutions for food ingredients, like flavorings, to enhance their performance and extend shelf life.
4. Dow
Headquarters: U.S.
Dow is a major player in the global encapsulants market, offering silicone and polyolefin-based encapsulants, gels, and conformal coatings for electronics, automotive, and solar energy applications. The company provides materials that protect sensitive devices from moisture, contaminants, and mechanical stress, enhancing their durability, thermal stability, and electrical insulation. Dow's product lines, including DOWSIL™ and ENGAGE™ PV, are designed to improve the efficiency and lifespan of various technologies, positioning Dow as a key contributor to innovation in the electronics and renewable energy sectors.
Are you ready to discover more about the Encapsulants market?
The report provides an in-depth analysis of the leading companies operating in the global encapsulants market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- Cargill
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- BASF
- Kerry
- Dow
- Shin-Etsu Chemical
- Henkel
- Huntsman
- 3M
- DuPont
- STR Holdings
- Others
Conclusion
Encapsulants market is experiencing a steady growth, which is inspired by the increasing demand for protecting electronic components and systems from environmental factors such as moisture, dust, and heat. The industry is seeing an increase in applications in various fields, including consumer electronics, motor vehicles and renewable energy. This is given fuel by technological progress, such as miniatures of devices and emergence of advanced materials such as UV-curbic and silicone-based encapsulants. The future growth of the market is bound by the expansion of electric vehicles (EVS) and renewable energy sectors, both require high-demonstration enaclings to ensure the safety and longevity of significant components. While the market faces challenges such as volatility in the price of raw materials, it is ready for continuous expansion, the fastest with Asia-Pacific and North America is expected to be anticipated to generate the highest overall demand. The industry is looking towards durable and bio-based encapsulants, as well as integration of AI for smart construction processes.
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