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Encapsulation Resins Industry, Global Gross Margin Analysis, Industry Leading Players Update, Business Prospect and Industry Research Report 2027

  Market Summary The global demand for encapsulation resins stood at USD 3.67 billion in 2018, and the market is poised to exhibit a CAGR of over 3.4% during the forecast period. Furthermore, the growth is expected from the electrical and electronics industry due to increasing demand for consumer electronics and energy-efficient electrical and electronics manufacturing services (EMS). Additionally, the growing demand for automation in major end-use industries such as automotive, marine, construction, aerospace, and others is also expected to propel the demand for encapsulation resins during the forecast period.   Segment Analysis The global encapsulation resins Industry has been segmented by product type, application, and end-use industry. The global market by product type has been classified into encapsulated epoxy resins, polyurethane resins, silicone resins, and others. The encapsulated epoxy resins and polyurethane resins together are expected to hold a share of over 60% of