The global market for Liquid Molding Compounds (LMC) was estimated to be worth US$ 7.3 million in 2024 and is forecast to a readjusted size of US$ 13.3 million by 2031 with a CAGR of 9.0% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Liquid Molding Compounds (LMC) cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Liquid Molding Compounds (LMC) are widely used in the semiconductor industry for the encapsulation of electronic components, particularly semiconductor devices such as integrated circuits (ICs), power semiconductors, and other microelectronics. LMCs serve as protective materials, ensuring that the sensitive internal circuitry of semiconductors is shielded from environmental factors such as moisture, chemicals, and physical stress. They also provide electrical insulation, thermal conductivity, and mechanical protection, which are critical for the long-term reliability and performance of semiconductor devices.
The Liquid Molding Compounds (LMC) market has been evolving as a critical component in semiconductor packaging, especially in advanced applications like 5G, automotive electronics, AI, and consumer electronics. LMC is used in encapsulating and protecting semiconductor devices during the packaging process, and its importance has surged with the increasing complexity and miniaturization of electronic components.
Demand Driven by Advanced Semiconductor Packaging:
High-performance packaging: With the rapid advancement in semiconductor technology, especially in areas like 5G and automotive electronics, LMC plays a crucial role in the protection and encapsulation of complex chips. System-in-Package (SiP) and 3D-IC packaging are growing, and LMC is essential for providing efficient, reliable, and high-performance protection in these advanced packaging techniques.
Miniaturization and integration: As semiconductor devices become smaller and more densely packed, LMC formulations are being adapted for thinner layers, higher precision, and more effective heat dissipation.
Technological Advancements in LMC:
Customization for specific applications: The trend is toward more specialized LMC formulations tailored for different semiconductor packages, such as flip-chip, ball grid array (BGA), and chip-on-wafer (COW). This ensures the performance characteristics (such as thermal conductivity, reliability, and moisture resistance) are optimized for the respective device.
Higher thermal conductivity: As power densities in devices increase, LMC with higher thermal conductivity is becoming more critical to efficiently dissipate heat from the chip, preventing thermal damage.
Low-stress formulations: To avoid damaging delicate semiconductor components, the focus has shifted toward developing low-stress LMCs that minimize mechanical stress during the curing process, especially important for advanced and stacked ICs.
This report aims to provide a comprehensive presentation of the global market for Liquid Molding Compounds (LMC), focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Liquid Molding Compounds (LMC) by region & country, by Type, and by Application.
The Liquid Molding Compounds (LMC) market size, estimations, and forecasts are provided in terms of sales volume (Tons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Liquid Molding Compounds (LMC).
Market Segmentation
By Company
- Nagase ChemteX
- NAMICS
- Shin-Etsu Chemical
- Eternal Materials
- HHCK
- Scienchem
- Wuhan Sanxuan Technology
Segment by Type
- Filler Content ≥80%
- Filler Content <80%
Segment by Application
- Fan-Out Wafer Level Packaging (FOWLP)
- 2.5D/3D Packaging
- Other
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Liquid Molding Compounds (LMC) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Liquid Molding Compounds (LMC) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Liquid Molding Compounds (LMC) in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Liquid Molding Compounds (LMC) Product Introduction
- 1.2 Global Liquid Molding Compounds (LMC) Market Size Forecast
- 1.2.1 Global Liquid Molding Compounds (LMC) Sales Value (2020-2031)
- 1.2.2 Global Liquid Molding Compounds (LMC) Sales Volume (2020-2031)
- 1.2.3 Global Liquid Molding Compounds (LMC) Sales Price (2020-2031)
- 1.3 Liquid Molding Compounds (LMC) Market Trends & Drivers
- 1.3.1 Liquid Molding Compounds (LMC) Industry Trends
- 1.3.2 Liquid Molding Compounds (LMC) Market Drivers & Opportunity
- 1.3.3 Liquid Molding Compounds (LMC) Market Challenges
- 1.3.4 Liquid Molding Compounds (LMC) Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Liquid Molding Compounds (LMC) Players Revenue Ranking (2024)
- 2.2 Global Liquid Molding Compounds (LMC) Revenue by Company (2020-2025)
- 2.3 Global Liquid Molding Compounds (LMC) Players Sales Volume Ranking (2024)
- 2.4 Global Liquid Molding Compounds (LMC) Sales Volume by Company Players (2020-2025)
- 2.5 Global Liquid Molding Compounds (LMC) Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Liquid Molding Compounds (LMC) Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Liquid Molding Compounds (LMC) Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Liquid Molding Compounds (LMC)
- 2.9 Liquid Molding Compounds (LMC) Market Competitive Analysis
- 2.9.1 Liquid Molding Compounds (LMC) Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Liquid Molding Compounds (LMC) Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Liquid Molding Compounds (LMC) as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Filler Content >=80%
- 3.1.2 Filler Content <80%
- 3.2 Global Liquid Molding Compounds (LMC) Sales Value by Type
- 3.2.1 Global Liquid Molding Compounds (LMC) Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Liquid Molding Compounds (LMC) Sales Value, by Type (2020-2031)
- 3.2.3 Global Liquid Molding Compounds (LMC) Sales Value, by Type (%) (2020-2031)
- 3.3 Global Liquid Molding Compounds (LMC) Sales Volume by Type
- 3.3.1 Global Liquid Molding Compounds (LMC) Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global Liquid Molding Compounds (LMC) Sales Volume, by Type (2020-2031)
- 3.3.3 Global Liquid Molding Compounds (LMC) Sales Volume, by Type (%) (2020-2031)
- 3.4 Global Liquid Molding Compounds (LMC) Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Fan-Out Wafer Level Packaging (FOWLP)
- 4.1.2 2.5D/3D Packaging
- 4.1.3 Other
- 4.2 Global Liquid Molding Compounds (LMC) Sales Value by Application
- 4.2.1 Global Liquid Molding Compounds (LMC) Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Liquid Molding Compounds (LMC) Sales Value, by Application (2020-2031)
- 4.2.3 Global Liquid Molding Compounds (LMC) Sales Value, by Application (%) (2020-2031)
- 4.3 Global Liquid Molding Compounds (LMC) Sales Volume by Application
- 4.3.1 Global Liquid Molding Compounds (LMC) Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global Liquid Molding Compounds (LMC) Sales Volume, by Application (2020-2031)
- 4.3.3 Global Liquid Molding Compounds (LMC) Sales Volume, by Application (%) (2020-2031)
- 4.4 Global Liquid Molding Compounds (LMC) Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global Liquid Molding Compounds (LMC) Sales Value by Region
- 5.1.1 Global Liquid Molding Compounds (LMC) Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Liquid Molding Compounds (LMC) Sales Value by Region (2020-2025)
- 5.1.3 Global Liquid Molding Compounds (LMC) Sales Value by Region (2026-2031)
- 5.1.4 Global Liquid Molding Compounds (LMC) Sales Value by Region (%), (2020-2031)
- 5.2 Global Liquid Molding Compounds (LMC) Sales Volume by Region
- 5.2.1 Global Liquid Molding Compounds (LMC) Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global Liquid Molding Compounds (LMC) Sales Volume by Region (2020-2025)
- 5.2.3 Global Liquid Molding Compounds (LMC) Sales Volume by Region (2026-2031)
- 5.2.4 Global Liquid Molding Compounds (LMC) Sales Volume by Region (%), (2020-2031)
- 5.3 Global Liquid Molding Compounds (LMC) Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America Liquid Molding Compounds (LMC) Sales Value, 2020-2031
- 5.4.2 North America Liquid Molding Compounds (LMC) Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe Liquid Molding Compounds (LMC) Sales Value, 2020-2031
- 5.5.2 Europe Liquid Molding Compounds (LMC) Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Liquid Molding Compounds (LMC) Sales Value, 2020-2031
- 5.6.2 Asia Pacific Liquid Molding Compounds (LMC) Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America Liquid Molding Compounds (LMC) Sales Value, 2020-2031
- 5.7.2 South America Liquid Molding Compounds (LMC) Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Liquid Molding Compounds (LMC) Sales Value, 2020-2031
- 5.8.2 Middle East & Africa Liquid Molding Compounds (LMC) Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Liquid Molding Compounds (LMC) Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Liquid Molding Compounds (LMC) Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Liquid Molding Compounds (LMC) Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions Liquid Molding Compounds (LMC) Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States Liquid Molding Compounds (LMC) Sales Value, 2020-2031
- 6.3.2 United States Liquid Molding Compounds (LMC) Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Liquid Molding Compounds (LMC) Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Liquid Molding Compounds (LMC) Sales Value, 2020-2031
- 6.4.2 Europe Liquid Molding Compounds (LMC) Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Liquid Molding Compounds (LMC) Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Liquid Molding Compounds (LMC) Sales Value, 2020-2031
- 6.5.2 China Liquid Molding Compounds (LMC) Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Liquid Molding Compounds (LMC) Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Liquid Molding Compounds (LMC) Sales Value, 2020-2031
- 6.6.2 Japan Liquid Molding Compounds (LMC) Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Liquid Molding Compounds (LMC) Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Liquid Molding Compounds (LMC) Sales Value, 2020-2031
- 6.7.2 South Korea Liquid Molding Compounds (LMC) Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Liquid Molding Compounds (LMC) Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Liquid Molding Compounds (LMC) Sales Value, 2020-2031
- 6.8.2 Southeast Asia Liquid Molding Compounds (LMC) Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Liquid Molding Compounds (LMC) Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Liquid Molding Compounds (LMC) Sales Value, 2020-2031
- 6.9.2 India Liquid Molding Compounds (LMC) Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Liquid Molding Compounds (LMC) Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 Nagase ChemteX
- 7.1.1 Nagase ChemteX Company Information
- 7.1.2 Nagase ChemteX Introduction and Business Overview
- 7.1.3 Nagase ChemteX Liquid Molding Compounds (LMC) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 Nagase ChemteX Liquid Molding Compounds (LMC) Product Offerings
- 7.1.5 Nagase ChemteX Recent Development
- 7.2 NAMICS
- 7.2.1 NAMICS Company Information
- 7.2.2 NAMICS Introduction and Business Overview
- 7.2.3 NAMICS Liquid Molding Compounds (LMC) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 NAMICS Liquid Molding Compounds (LMC) Product Offerings
- 7.2.5 NAMICS Recent Development
- 7.3 Shin-Etsu Chemical
- 7.3.1 Shin-Etsu Chemical Company Information
- 7.3.2 Shin-Etsu Chemical Introduction and Business Overview
- 7.3.3 Shin-Etsu Chemical Liquid Molding Compounds (LMC) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 Shin-Etsu Chemical Liquid Molding Compounds (LMC) Product Offerings
- 7.3.5 Shin-Etsu Chemical Recent Development
- 7.4 Eternal Materials
- 7.4.1 Eternal Materials Company Information
- 7.4.2 Eternal Materials Introduction and Business Overview
- 7.4.3 Eternal Materials Liquid Molding Compounds (LMC) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 Eternal Materials Liquid Molding Compounds (LMC) Product Offerings
- 7.4.5 Eternal Materials Recent Development
- 7.5 HHCK
- 7.5.1 HHCK Company Information
- 7.5.2 HHCK Introduction and Business Overview
- 7.5.3 HHCK Liquid Molding Compounds (LMC) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 HHCK Liquid Molding Compounds (LMC) Product Offerings
- 7.5.5 HHCK Recent Development
- 7.6 Scienchem
- 7.6.1 Scienchem Company Information
- 7.6.2 Scienchem Introduction and Business Overview
- 7.6.3 Scienchem Liquid Molding Compounds (LMC) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 Scienchem Liquid Molding Compounds (LMC) Product Offerings
- 7.6.5 Scienchem Recent Development
- 7.7 Wuhan Sanxuan Technology
- 7.7.1 Wuhan Sanxuan Technology Company Information
- 7.7.2 Wuhan Sanxuan Technology Introduction and Business Overview
- 7.7.3 Wuhan Sanxuan Technology Liquid Molding Compounds (LMC) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 Wuhan Sanxuan Technology Liquid Molding Compounds (LMC) Product Offerings
- 7.7.5 Wuhan Sanxuan Technology Recent Development
8 Industry Chain Analysis
- 8.1 Liquid Molding Compounds (LMC) Industrial Chain
- 8.2 Liquid Molding Compounds (LMC) Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Liquid Molding Compounds (LMC) Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Liquid Molding Compounds (LMC) Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer