The encapsulant market is set to achieve a valuation of USD 4.1 billion by 2024 and is expected to grow to USD 9.5 billion by 2034, demonstrating a significant CAGR of 8.7%. This market plays a crucial role across multiple sectors, including electronics, automotive, and renewable energy. Encapsulants are essential materials used to protect and …
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Encapsulant Market Poised for Expansion: Expected Valuation of US$ 9.5 Billion by 2034, with a CAGR of 8.7% | FMI Reports
The encapsulant market is poised to reach a valuation of USD 4.1 billion by 2024, with an estimated market worth of USD 9.5 billion by 2034, projecting a notable CAGR of 8.7%. This market plays a pivotal role across various industries, including electronics, automotive, and renewable energy. Encapsulants serve as crucial materials utilized to safeguard …