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Encapsulation Resins Market is projected to reach US$ 3,757.6 million revenue by the end of 2026; Growing need to protect the marine products from exposure to salt water is expected to boost sales of Encapsulation Resins
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Encapsulation ResinsGlobal Industry Analysis, Size, Share, Growth, Trends and Forecast, 2026 Focus on Prolonged Durability of Electronic Components fuels Growth of Encapsulation Resins Market ©2019 Transparency Market Research, All Rights Reserved
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Research Insights According to Transparency Market Research, the global market of encapsulation resins is expected to represent a value of over US$ 3,700 Mn by the end of 2026. With rapid expansion in the electronic industry, demand for the printed circuit boards in range of industrial, domestic, military and automotive products continues to increase. Manufacturers of the electronic devices for marine environment prefer using epoxy resins in order to protect the LED lights on the ship decks, under-water cable jointing and protection of sensor devices. Leading market players operating in the global market of encapsulation resins include Shin-Etsu Chemical Co. Ltd., Fuji Chemical Industrial Co., Ltd., Master Bond Inc., H. B. Fuller Company View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved
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