Global Epoxy Molding Compounds
Market Report
2025
Epoxy molding compounds market size is USD 2251.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 8.80% from 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global epoxy molding compounds market size is USD 2251.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 8.80% from 2024 to 2031.
2021 | 2025 | 2033 | CAGR | |
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Global Epoxy Molding Compounds Market Sales Revenue | 121212 | 121212 | 121212 | 8.8% |
North America Epoxy Molding Compounds Market Sales Revenue | 121212 | 121212 | 121212 | 7% |
Europe Epoxy Molding Compounds Market Sales Revenue | 121212 | 121212 | 121212 | 7.3% |
Asia Pacific Epoxy Molding Compounds Market Sales Revenue | 121212 | 121212 | 121212 | 10.8% |
South America Epoxy Molding Compounds Market Sales Revenue | 121212 | 121212 | 121212 | 8.2% |
Middle East Epoxy Molding Compounds Market Sales Revenue | 121212 | 121212 | 121212 | 8.5% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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Market Split by End User |
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Market Split by Distribution Channel: |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Epoxy Molding Compounds Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Epoxy Moulding Compounds (EMCs) are a form of composite material commonly used in the electronics sector to encapsulate and package semiconductor chips. They are thermosetting materials created by combining epoxy resin with a variety of fillers, hardeners, and additives. The resulting mixture is then molded into the desired shape and thermally cured to produce a robust, long-lasting, electrically insulating material. Manufacturers can tailor the qualities of Epoxy Moulding Compounds by varying the types and quantities of fillers, hardeners, and other additives used in the composition. This flexibility enables the material's thermal conductivity, coefficient of thermal expansion, and other mechanical and electrical properties to be tailored to the unique needs of various electronic devices and components.
Epoxy molding compounds have several important features, including great heat stability, superior electrical insulation, and mechanical strength. These properties make them ideal for shielding fragile electronic components from environmental hazards such as moisture, dust, and mechanical stress. Furthermore, epoxy molding compounds have great adhesion to a wide range of substrates, making them an excellent choice for bonding with the various metals and polymers often used in electronic systems.
The integration of advanced manufacturing technologies, such as 3D printing and automated production processes, has had an impact on the epoxy molding compounds industry. These technologies have enabled the creation of complex and customized epoxy molding compounds, resulting in increased production efficiency, shorter lead times, and better flexibility in addressing customer-specific needs.
In January 2023, Henkel introduced a new flame-retardant epoxy molding compound, Loctite EA 9365 FR. This product addresses the growing need for fire-resistant materials in electronics applications.
(Source:https://www.henkeladhesives.com/nl/en/product/structuraladhesives/loctite_ea_9365fstaero.html)
The epoxy molding market's success is mostly due to the expanding electronics industry. Epoxy molding compounds (EMCs) are essential for safeguarding sensitive electronic parts. They enclose chips, circuitry, and other components like a protective shell. They are protected from external elements, including moisture, dust, and physical harm, by this shielding. EMCs also provide superior heat dissipation, which guarantees that components operate effectively without overheating.
There is a reciprocal benefit to this synergy. Reliable and effective EMCs are becoming more and more necessary as the electronics industry increases and consumer demand for wearables, smartphones, and sophisticated automotive systems rises. The market for epoxy molding is subsequently driven by the need for EMCs, which encourages research and development and results in ongoing enhancements to the functions and qualities of the material. This guarantees that the market can provide solutions for new technologies and applications in addition to meeting the needs of the growing electronics industry.
Another significant market for epoxy molding compounds is the automotive industry. These compounds are utilized for electrical insulation as well as for bonding and sealing components. The need for epoxy molding compounds in the automotive industry is predicted to increase in tandem with the growing demand for electric vehicles (EVs).
One important class of thermosetting plastic that is perfect for automotive applications is epoxy molding compounds. These compounds have a number of benefits. Their exceptional thermal stability enables them to endure the high temperatures found in an automobile's engine compartment. Furthermore, the electronic components are protected from physical shocks and vibrations during driving by their mechanical robustness. They are also shielded from exposure to abrasive substances like coolant and engine oil by their chemical resistance.
The automotive sector finds epoxy molding compounds to be a significant resource due to their mix of qualities. The demand for dependable and long-lasting materials like epoxy molding compounds will rise in tandem with the desire for lightweight, fuel-efficient cars with cutting-edge electronics, hence influencing the direction of the epoxy molding market in the automotive industry.
With its many uses in the automotive, electronics, and other sectors, the epoxy molding market offers enterprises a promising landscape. Nonetheless, one of the main characteristics of this industry that affects entry and competition is the hefty initial investment.
The main reason for this huge expenditure is the requirement for specialized machinery and infrastructure. A significant amount of money is needed for the intricate machinery used in epoxy molding operations to mix, mold, and cure the resin. Initial financial difficulties are also exacerbated by the need to uphold strict quality control procedures and safety regulations. The epoxy molding sector offers significant potential benefits, notwithstanding the hefty initial cost. The market's overall expansion is driven by the rising demand for electronics as well as the growing requirement for durable and adaptable materials. Furthermore, new applications and a wider range of markets are being made possible by developments in epoxy technology. Initial investment can be a barrier to long-term success in this profitable and dynamic profession, but it can also serve as a stepping stone.
COVID-19 changed people's lives all across the world. Growth in the market for epoxy molding compounds was severely impacted. The virus affected different markets in different ways. Numerous countries implemented lockdowns. Numerous businesses experienced interruptions due to this unpredictable outbreak. As the number of cases increased during the epidemic, restrictions became more stringent. Many industries were impacted. Nonetheless, there was a decline in the market for epoxy molding compounds share.
The manufacture and distribution of epoxy molding compounds were impacted by supply chain interruptions brought on by the worldwide lockdowns and travel restrictions. Transportation of completed goods and the procurement of raw materials presented difficulties for manufacturing facilities, which resulted in supply shortages and delays. The need for epoxy molding compounds was directly impacted by the pandemic's effects on the market for electrical items. Certain industries, like consumer electronics, saw a rise in demand, while other industries, including automotive and industrial electronics, saw a fall in demand. The sales of epoxy molding compounds were directly impacted by this demand instability.
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In 2025, global trade has entered a period of renewed volatility as the U.S., under President Donald Trump, introduced sweeping tariffs known as the Liberation Day Tariffs. Aimed at addressing trade imbalances and foreign supply chain dominance, the tariffs range from 10% on allies like Australia and the UK to 46% on Vietnamese goods and 34% on Chinese imports. A 25% universal tariff on steel, aluminum, and auto parts has further strained global trade ties. The electronics sector is among the hardest hit, particularly due to the escalating U.S.China trade war. Tariffs on Chinese goods now reach up to 145% in sectors like semiconductors and consumer electronics, while China has retaliated with up to 125% duties and restrictions on critical mineral exports. This has disrupted just-in-time supply chains and increased component costs.
Specific tariffs include 25% on semiconductors, 20% on lithium-ion batteries, and 10–15% on consumer electronics like laptops and tablets, leading to higher retail prices and reduced consumer demand. Sub-sectors such as home automation, computer hardware, communication electronics, medical devices, and industrial electronics are all under pressure due to rising input costs and supply chain delays. Companies are revisiting suppliers, shifting sourcing to countries like India, Mexico, and Vietnam, and redesigning products to avoid high-tariff components.
China remains a key player, contributing USD 119 billion in electronics exports to the U.S. in 2023. Even components routed through countries like Malaysia and Vietnam often rely on Chinese subparts, making the ripple effect of tariffs widespread. U.S. electronics firms operating on thin margins are seeing input costs rise 18–25%, with contract manufacturers in alternative regions facing capacity constraints.
Market research is now critical. It helps companies identify new suppliers, analyze cost trends, optimize product design, forecast demand shifts, and track regulatory changes. Tools like supplier mapping, BOM optimization, and scenario planning support strategic responses to ongoing disruptions. Leading firms like Apple and Dell are expanding production outside China, while others invest in digital supply chain tools and redesign products for cost resilience. In this evolving trade environment, firms that leverage research-driven strategies are better positioned to adapt and thrive.
To keep ahead of the competition, leading industry players are collaborating with other companies. Many businesses are also investing in new product releases to diversify their product offerings. Mergers and acquisitions are another important strategy employed by players to diversify their product offerings.
In August 2023, Huntsman Corporation introduced its new Araldite 5096 FR epoxy molding compound, which provides increased thermal performance and flame retardance for sophisticated electronic devices.
(Source:https://www.huntsman.com/about/advanced-materials)
In April 2022, Solvay introduced a new epoxy resin system with enhanced heat conductivity for LED applications.
(Source: Solvay has introduced a new epoxy resin system with enhanced heat conductivity for LED applications.)
Top Companies Market Share in Epoxy Molding Compounds Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. Technological advancements are driving the creation of new and superior epoxy molding compounds. These novel compounds provide a number of advantages, including greater flame retardancy, increased thermal conductivity, and superior electrical characteristics. These advances are projected to increase demand for epoxy molding compounds in North America.
The Asia Pacific region is witnessing an increase in the epoxy molding compound market. The Asia Pacific region, specifically China, Japan, South Korea, and Taiwan, has evolved as a global manufacturing hub for electronic devices and components. The presence of a strong manufacturing ecosystem, combined with favorable government efforts and investments in the electronics industry, has driven rising demand for epoxy molding compounds in the region.
The current report Scope analyzes Epoxy Molding Compounds Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global epoxy molding compounds market size was estimated at USD 2251.2 million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 900.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031. In North America, epoxy molding compound sales dominate. North America is home to a significant number of vital industries that rely significantly on epoxy molding, including electronics, automotive, and aerospace. These sectors demand high-performance materials with features such as superior electrical insulation, chemical resistance, and mechanical strength, which epoxy resins excel at. The electronics industry in North America is intricately tied to the expanding epoxy molding compounds market. An important factor driving the epoxy molding market in North America is the electronics sector. Numerous electronic gadgets, such as laptops, tablets, smartphones, and televisions, use epoxy molding compounds. The need for epoxy molding compounds is anticipated to increase as the electronics sector continues to expand.
Country Analysis
According to Cognitive Market Research, with a market value of USD 2251.2 million in 2024, it is projected to expand at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2031. Europe accounted for a share of over 30% of the global market size of USD 675.36 million. Wind turbine blades and other parts for sustainable energy are also made with epoxy molding compounds. The demand for EMCs in this industry is predicted to increase as renewable energy usage in Europe continues to expand. The surge in electronics reagents sales across Europe is intimately linked to the burgeoning epoxy molding compounds market. The European electronics sector significantly influences the market for epoxy molding. Numerous electronic products, such as servers, laptops, tablets, and smartphones, contain epoxy molding compounds (EMCs). The need for EMCs is anticipated to increase in tandem with the ongoing growth in demand for these devices.
According to Cognitive Market Research, the global epoxy molding compounds market size was estimated at USD 2251.2 million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 517.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.8% from 2024 to 2031. The Asia Pacific region is experiencing growth in the sales of epoxy molding compounds. The need for epoxy molding compounds in the area has been driven by the region's strong manufacturing ecology, as well as by government initiatives and investments in the electronics sector. The rising demand for epoxy molding compounds in Asia Pacific finds a pivotal ally in the growing preference for semiconductor encapsulation. This section covers the encapsulation and protection of integrated circuits (ICs) in electronic devices using epoxy molding compounds. This market is probably being driven forward by the constantly increasing need for technological devices.
According to Cognitive Market Research, the global epoxy molding compounds market size was estimated at USD 2251.2 million, out of which the Latin America market has more than 5% of the global revenue with a market size of USD 112.56 million in 2024 and will grow at compound annual growth rate (CAGR) of 8.2% from 2024 to 2031. Epoxy molding compound sales in Latin America are experiencing growth due to the construction of infrastructure, including transportation networks and buildings. Epoxy molding compounds find widespread usage in construction as composite materials, adhesives, and coatings. Advancements in semiconductor encapsulation applications and the growing demand for electronics in the area are likely to fuel this segment's growth at a strong rate.
According to Cognitive Market Research, the global epoxy molding compounds market size was estimated at USD 2251.2 million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 45.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.5% from 2024 to 2031. MEA experiences an upswing in epoxy molding compound sales driven by The MEA region's construction sector, which is anticipated to expand rapidly in the upcoming years due to a number of causes, including growing urbanization, the development of infrastructure, and increased disposable incomes. The demand for epoxy molding compounds, which are utilized in many different building applications like adhesives, coatings, and sealants, is anticipated to increase as a result of this rise. Semiconductor encapsulation, this category may be dominating given the expanding electronics industry in some parts of the Middle East and Africa.
Global Epoxy Molding Compounds Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Epoxy Molding Compounds Industry growth. Epoxy Molding Compounds market has been segmented with the help of its Type, Application End User, and others. Epoxy Molding Compounds market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, normal epoxy molding compounds held the major market share over the forecast period. Normal epoxy molding compounds are a form of EMC that is used for a variety of applications. They provide a good balance of properties, including adhesion to various substrates such as metals, ceramics, and plastics, excellent electrical insulation properties that protect components from electrical shorts and leakage currents, and chemical resistance, making them suitable for harsh environments.
Green epoxy molding compound is the fastest-growing category over the forecast period. As environmental issues become more significant, there is a growing desire for greener options in a variety of businesses. This trend is also evident in the epoxy molding business, with the introduction of green epoxy molding compounds (GEMCs).
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Epoxy Molding Compounds Industry. Request a Free Sample PDF!
According to Cognitive Market Research, semiconductor encapsulation holds a prominent market share. Semiconductor encapsulation is the process of shielding a semiconductor chip's sensitive circuitry with a protective coating. This layer protects the chip from physical damage, environmental pollutants, and electrical stresses.
Electronic components are the fastest-growing category over the forecast period. The epoxy molding market sector for electronic components is critical for the manufacturing of various electronic gadgets. With increasing demand for electronics and technological improvements, this category is projected to increase more in the near future.
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According to Cognitive Market Research, electronics hold a prominent market share. The growing need for miniaturized and high-performance electronic devices: As electronic equipment becomes smaller and more powerful, the requirement for dependable and effective packing materials such as EMCs grows.
Automotive is the fastest-growing category over the forecast period. Rapid improvements in electric and driverless vehicles are driving up demand for modern electronics and their encapsulation, resulting in a large demand for epoxy molding compounds.
According to Cognitive Market Research, direct sales hold a prominent market share. Manufacturers supply EM Cs directly to major end-user industries like electronics, automobiles, and aerospace. This channel is suitable for high-volume orders and customized product specifications.
Distributors are the fastest-growing category over the forecast period. Distributors serve as liaisons between manufacturers and a broader range of clients, including smaller electronics makers, research organizations, and hobbyists. Manufacturers benefit from this channel since it expands their market reach and provides effective logistics.
Senior Research Analyst at Cognitive Market Research
ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
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Type | Normal Epoxy Molding Compound, Green Epoxy Molding Compound |
Application | Semiconductor Encapsulation, Electronic Components |
End User | Automotive, Electronics, Aerospace |
Distribution Channel: | Direct Sales, Distributors |
List of Competitors | Tianjin Kaihua Insulating Material, Sumitomo Bakelite, Samsung SDI, Chang Chun Group, Hitachi Chemical |
This chapter will help you gain GLOBAL Market Analysis of Epoxy Molding Compounds. Further deep in this chapter, you will be able to review Global Epoxy Molding Compounds Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Epoxy Molding Compounds. Further deep in this chapter, you will be able to review North America Epoxy Molding Compounds Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Epoxy Molding Compounds. Further deep in this chapter, you will be able to review Europe Epoxy Molding Compounds Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Epoxy Molding Compounds. Further deep in this chapter, you will be able to review Asia Pacific Epoxy Molding Compounds Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Epoxy Molding Compounds. Further deep in this chapter, you will be able to review South America Epoxy Molding Compounds Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Epoxy Molding Compounds. Further deep in this chapter, you will be able to review Middle East Epoxy Molding Compounds Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Epoxy Molding Compounds. Further deep in this chapter, you will be able to review Middle East Epoxy Molding Compounds Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Epoxy Molding Compounds. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
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Chapter 11 Market Split by Application Analysis 2021 - 2033
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Chapter 12 Market Split by End User Analysis 2021 - 2033
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Chapter 13 Market Split by Distribution Channel: Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Epoxy Molding Compounds market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 15 Research Methodology and Sources
Why Normal Epoxy Molding Compound have a significant impact on Epoxy Molding Compounds market? |
What are the key factors affecting the Normal Epoxy Molding Compound and Green Epoxy Molding Compound of Epoxy Molding Compounds Market? |
What is the CAGR/Growth Rate of Semiconductor Encapsulation during the forecast period? |
By type, which segment accounted for largest share of the global Epoxy Molding Compounds Market? |
Which region is expected to dominate the global Epoxy Molding Compounds Market within the forecast period? |
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