Key Players in the Asia-Pacific Electronic Packaging Material Market are BASF, Hitachi Chemical Co. Ltd. and Alent plc.
(PRWEB) January 11, 2015
The Asia-Pacific Electronic Packaging Material Market report defines and segments the concerned market in Asia-Pacific with analysis and forecast of revenue. This market is estimated to grow to $4,562.7 million by 2019 at a CAGR of 7.4% from 2014 to 2019.
Browse through the TOC of Asia-Pacific Electronic Packaging Material Market for an analysis of industry trends, segments & forecasts.
Electronic packaging refers to the method of enclosing, protecting, or providing physical structure to either electronic components, assemblies of components, or finished electronic devices. Electronic packaging materials are used to provide protection against corrosion and external impact; they also hold contact pins or leads used to connect from external circuits to semiconductor and IC devices. Packaging of an electronic system must consider protection from mechanical damage, cooling, radio frequency noise emission, protection from electrostatic discharge, maintenance, operator convenience, and cost. Semiconductor and integrated circuits (IC) packaging materials play an important role in the electronic packaging materials industry as these enhance the safety and protection of electronic components.
Early buyers will receive 10% customization on this report.
The Asia-Pacific region holds the largest market for electronic packaging materials and is expected to see further growth with technological innovations and the need for smaller packaging materials, especially for applications related to consumer electronics. The region is the largest manufacturer of electrical material, electronics, and automobiles, which makes it a major destination for suppliers of electronic packaging material in the region. The Asia-Pacific market is dominated by China, Japan, South Korea, and Taiwan. The demand for electronic packaging material in this region is derived from the electrical and electronics industries. The market in this region is influenced by two macroeconomic factors: capital flow and domestic consumption in the region. Japan is the largest market for the production and consumption of electronic packaging material. Also, major investments in this market are being undertaken in China, as it is considered to have the highest potential in the Asia-Pacific region.
This report covers the Asia-Pacific electronic packaging material market, which has been segmented on the basis of type, application, technology, and ingredients. Major applications include dual flat no lead package, dual in-line package, grid array, quad flat no-leads package, quad flat package, and small outline package.
This report includes market shares and value chain analyses, along with market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players in this market.
North America Electronic Packaging Material Market
Semiconductor and IC packaging materials play an important role in the electronic packaging materials industry as these enhance the safety and protection of electronic components. The North America Electronic Packaging Material Market was valued at $2,935.86 million in 2013 and is expected to reach $3,367.02 million in 2019 with a growing CAGR of 3.2% from 2014. The demand for packaging materials is primarily driven by the demand in end-user industries and increased demand for mobile and computing applications.
Electronic packaging materials are used to provide protection against corrosion, external impact and also hold the contact pins or leads used to connect from external circuits to the device of semiconductors and ICs.
About MicroMarket Monitor:
MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.
Mr. Chandrasekhar K.
5601 Bridge Street
Fort Worth, TX 76112
Connect with us on LinkedIn at http://www.linkedin.com/company/micromarketmonitor.