Market Share of LED Encapsulation Industry
The LED Encapsulation Market is moderately concentrated and consists of several major players. The market is highly competitive and the increasing investments are driving new players that offer products at lower prices into the market. Some of the key players in the market are Dow Corning Corporation, NuSil Technology LLC, H.B. Fuller Company, Shin-Etsu Chemical Co., Ltd., Henkel AG & Co. KGaA. These players are constantly innovating and upgrading their product offerings to cater to the increasing market demand.
- Feb 2020 - Shin-Etsu Chemical started marketing the newly developed materials that will be used in the manufacturing process of MicroLED displays. The company's new materials will be used in the manufacturing of MicroLEDs which can lead to greater productivity in the MicroLED manufacturing process and provide a competitive edge for these displays.
- Jun 2019 - H.B. Fuller Company announced that it has signed a definitive agreement to sell its surfactants, thickeners and dispersants business to Tiarco, LLC, which is a wholly-owned subsidiary of Textile Rubber and Chemical Company, Inc., for USD 71 million. The company will use the net proceeds from the sale for debt reduction.
LED Encapsulation Market Leaders
Dow Corning Corporation
NuSil Technology LLC
H.B. Fuller Company
Shin-Etsu Chemical Co., Ltd.
Henkel AG & Co. KGaA
*Disclaimer: Major Players sorted in no particular order
