Global Underfill Market is expected to reach $600.00 million 2027 growing at a CAGR 10.7% during 2018 to 2027.

Some of the key players in underfill market include Master Bond, DOVER, Hitachi Chemical, AIM Solder, SUNSTAR, NAMICS Corporation, Zymet, Fuji, WON CHEMICAL, and Panasonic Corporation.

Some of the key factors propelling the market growth are increasing demand for low cost, high performing, small in size devices, rising demand in smart phones and tablets, increasing use of underfill material, and increasing demand for portable systems in aerospace and military. However, reducing profit margins of underfill suppliers is restricting the market growth.

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Underfill materials are composite formulations of organic polymers and inorganic fillers which are used in semiconductor packaging to achieve improved thermo mechanical performance. molded underfill (MUF), capillary underfill (CUF) and no flow underfill (NUF) are some techniques which are used in underfill materials.

By product type, capillary underfill material (CUF) is anticipated to grow at the significant rate during the forecast period, due to high cost, recent developments in the electronic industry. It is used in several packaging techniques which include ball grid array, chip scale packaging, flip chip, and others. Due to growing pricing pressure from end use industry, CUF being a conventional and relatively costly technique is replaced by MUF process technique.

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Based on the geography, Asia Pacific region is expected to have considerable market growth during the forecast period, due to high adoption of underfill materials in various industries in China. Most successful semiconductor and electronics producers have established their business in countries of Asia Pacific. In China, the high-end underfill products mainly rely on import from foreign developed countries. To meet the large demand for the high-end products, Chinese manufacturers will invest much more on the R&D, which will certainly weaken the dependence of imports.

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Product Types Covered:
• Molded Underfill Material (MUF)
• No Flow Underfill Material (NUF)
• Capillary Underfill Material (CUF)
• Semiconductor Underfills
• Board Level Underfills

Applications Covered:
• Chip Scale Packaging (CSP)
• Flip Chips
• Ball Grid Array (BGA)

End Users Covered:
• Consumer Electronics
• Automotive Electronics
• Defense & Aerospace Electronics
• Medical Electronics
• Industrial Electronics

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Release ID: 88954988