Global Underfill Market Growth 2023-2029

This report studies the Underfill market, Underfill is used to fill space beneath a die and adhere to its carrier. They add structural strength, increase impact resistance, bolster thermal cycling resistance and improve overall reliability. Underfill can be found in a wide variety of applications including mobile phone, game console, computor, tablet PC and digital camera.

LPI (LP Information)' newest research report, the “Underfill Industry Forecast” looks at past sales and reviews total world Underfill sales in 2022, providing a comprehensive analysis by region and market sector of projected Underfill sales for 2023 through 2029. With Underfill sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Underfill industry.

This Insight Report provides a comprehensive analysis of the global Underfill landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Underfill portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Underfill market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Underfill and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Underfill.

The global Underfill market size is projected to grow from US$ 432.9 million in 2022 to US$ 559.5 million in 2029; it is expected to grow at a CAGR of 559.5 from 2023 to 2029.

North America is the largest market with about 38% market share. China is follower, accounting for about 20% market share.

The key players are Henkel, WON CHEMICAL, NAMICS, SUNSTAR, Hitachi Chemical, Fuji, Shin-Etsu Chemical, Bondline, AIM Solder, Zymet, Panacol-Elosol, Master Bond, DOVER, Darbond, HIGHTITE, U-bond etc. Top 3 companies occupied about 45% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Underfill market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Semiconductor Underfills
    Board Level Underfills

Segmentation by application
    Industrial Electronics
    Defense & Aerospace Electronics
    Consumer Electronics
    Automotive Electronics
    Medical Electronics
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Henkel
    WON CHEMICAL
    NAMICS
    SUNSTAR
    Hitachi Chemical
    Fuji
    Shin-Etsu Chemical
    Bondline
    AIM Solder
    Zymet
    Panacol-Elosol
    Master Bond
    DOVER
    Darbond
    HIGHTITE
    U-bond

Key Questions Addressed in this Report
What is the 10-year outlook for the global Underfill market?
What factors are driving Underfill market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Underfill market opportunities vary by end market size?
How does Underfill break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

List of Tables
    Table 1. Underfill Annual Sales CAGR by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Table 2. Underfill Annual Sales CAGR by Country/Region (2018, 2022 & 2029) & ($ millions)
    Table 3. Major Players of Semiconductor Underfills
    Table 4. Major Players of Board Level Underfills
    Table 5. Global Underfill Sales by Type (2018-2023) & (MT)
    Table 6. Global Underfill Sales Market Share by Type (2018-2023)
    Table 7. Global Underfill Revenue by Type (2018-2023) & ($ million)
    Table 8. Global Underfill Revenue Market Share by Type (2018-2023)
    Table 9. Global Underfill Sale Price by Type (2018-2023) & (USD/MT)
    Table 10. Global Underfill Sales by Application (2018-2023) & (MT)
    Table 11. Global Underfill Sales Market Share by Application (2018-2023)
    Table 12. Global Underfill Revenue by Application (2018-2023)
    Table 13. Global Underfill Revenue Market Share by Application (2018-2023)
    Table 14. Global Underfill Sale Price by Application (2018-2023) & (USD/MT)
    Table 15. Global Underfill Sales by Company (2018-2023) & (MT)
    Table 16. Global Underfill Sales Market Share by Company (2018-2023)
    Table 17. Global Underfill Revenue by Company (2018-2023) ($ Millions)
    Table 18. Global Underfill Revenue Market Share by Company (2018-2023)
    Table 19. Global Underfill Sale Price by Company (2018-2023) & (USD/MT)
    Table 20. Key Manufacturers Underfill Producing Area Distribution and Sales Area
    Table 21. Players Underfill Products Offered
    Table 22. Underfill Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
    Table 23. New Products and Potential Entrants
    Table 24. Mergers & Acquisitions, Expansion
    Table 25. Global Underfill Sales by Geographic Region (2018-2023) & (MT)
    Table 26. Global Underfill Sales Market Share Geographic Region (2018-2023)
    Table 27. Global Underfill Revenue by Geographic Region (2018-2023) & ($ millions)
    Table 28. Global Underfill Revenue Market Share by Geographic Region (2018-2023)
    Table 29. Global Underfill Sales by Country/Region (2018-2023) & (MT)
    Table 30. Global Underfill Sales Market Share by Country/Region (2018-2023)
    Table 31. Global Underfill Revenue by Country/Region (2018-2023) & ($ millions)
    Table 32. Global Underfill Revenue Market Share by Country/Region (2018-2023)
    Table 33. Americas Underfill Sales by Country (2018-2023) & (MT)
    Table 34. Americas Underfill Sales Market Share by Country (2018-2023)
    Table 35. Americas Underfill Revenue by Country (2018-2023) & ($ Millions)
    Table 36. Americas Underfill Revenue Market Share by Country (2018-2023)
    Table 37. Americas Underfill Sales by Type (2018-2023) & (MT)
    Table 38. Americas Underfill Sales by Application (2018-2023) & (MT)
    Table 39. APAC Underfill Sales by Region (2018-2023) & (MT)
    Table 40. APAC Underfill Sales Market Share by Region (2018-2023)
    Table 41. APAC Underfill Revenue by Region (2018-2023) & ($ Millions)
    Table 42. APAC Underfill Revenue Market Share by Region (2018-2023)
    Table 43. APAC Underfill Sales by Type (2018-2023) & (MT)
    Table 44. APAC Underfill Sales by Application (2018-2023) & (MT)
    Table 45. Europe Underfill Sales by Country (2018-2023) & (MT)
    Table 46. Europe Underfill Sales Market Share by Country (2018-2023)
    Table 47. Europe Underfill Revenue by Country (2018-2023) & ($ Millions)
    Table 48. Europe Underfill Revenue Market Share by Country (2018-2023)
    Table 49. Europe Underfill Sales by Type (2018-2023) & (MT)
    Table 50. Europe Underfill Sales by Application (2018-2023) & (MT)
    Table 51. Middle East & Africa Underfill Sales by Country (2018-2023) & (MT)
    Table 52. Middle East & Africa Underfill Sales Market Share by Country (2018-2023)
    Table 53. Middle East & Africa Underfill Revenue by Country (2018-2023) & ($ Millions)
    Table 54. Middle East & Africa Underfill Revenue Market Share by Country (2018-2023)
    Table 55. Middle East & Africa Underfill Sales by Type (2018-2023) & (MT)
    Table 56. Middle East & Africa Underfill Sales by Application (2018-2023) & (MT)
    Table 57. Key Market Drivers & Growth Opportunities of Underfill
    Table 58. Key Market Challenges & Risks of Underfill
    Table 59. Key Industry Trends of Underfill
    Table 60. Underfill Raw Material
    Table 61. Key Suppliers of Raw Materials
    Table 62. Underfill Distributors List
    Table 63. Underfill Customer List
    Table 64. Global Underfill Sales Forecast by Region (2024-2029) & (MT)
    Table 65. Global Underfill Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 66. Americas Underfill Sales Forecast by Country (2024-2029) & (MT)
    Table 67. Americas Underfill Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 68. APAC Underfill Sales Forecast by Region (2024-2029) & (MT)
    Table 69. APAC Underfill Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 70. Europe Underfill Sales Forecast by Country (2024-2029) & (MT)
    Table 71. Europe Underfill Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 72. Middle East & Africa Underfill Sales Forecast by Country (2024-2029) & (MT)
    Table 73. Middle East & Africa Underfill Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 74. Global Underfill Sales Forecast by Type (2024-2029) & (MT)
    Table 75. Global Underfill Revenue Forecast by Type (2024-2029) & ($ Millions)
    Table 76. Global Underfill Sales Forecast by Application (2024-2029) & (MT)
    Table 77. Global Underfill Revenue Forecast by Application (2024-2029) & ($ Millions)
    Table 78. Henkel Basic Information, Underfill Manufacturing Base, Sales Area and Its Competitors
    Table 79. Henkel Underfill Product Portfolios and Specifications
    Table 80. Henkel Underfill Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 81. Henkel Main Business
    Table 82. Henkel Latest Developments
    Table 83. WON CHEMICAL Basic Information, Underfill Manufacturing Base, Sales Area and Its Competitors
    Table 84. WON CHEMICAL Underfill Product Portfolios and Specifications
    Table 85. WON CHEMICAL Underfill Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 86. WON CHEMICAL Main Business
    Table 87. WON CHEMICAL Latest Developments
    Table 88. NAMICS Basic Information, Underfill Manufacturing Base, Sales Area and Its Competitors
    Table 89. NAMICS Underfill Product Portfolios and Specifications
    Table 90. NAMICS Underfill Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 91. NAMICS Main Business
    Table 92. NAMICS Latest Developments
    Table 93. SUNSTAR Basic Information, Underfill Manufacturing Base, Sales Area and Its Competitors
    Table 94. SUNSTAR Underfill Product Portfolios and Specifications
    Table 95. SUNSTAR Underfill Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 96. SUNSTAR Main Business
    Table 97. SUNSTAR Latest Developments
    Table 98. Hitachi Chemical Basic Information, Underfill Manufacturing Base, Sales Area and Its Competitors
    Table 99. Hitachi Chemical Underfill Product Portfolios and Specifications
    Table 100. Hitachi Chemical Underfill Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 101. Hitachi Chemical Main Business
    Table 102. Hitachi Chemical Latest Developments
    Table 103. Fuji Basic Information, Underfill Manufacturing Base, Sales Area and Its Competitors
    Table 104. Fuji Underfill Product Portfolios and Specifications
    Table 105. Fuji Underfill Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 106. Fuji Main Business
    Table 107. Fuji Latest Developments
    Table 108. Shin-Etsu Chemical Basic Information, Underfill Manufacturing Base, Sales Area and Its Competitors
    Table 109. Shin-Etsu Chemical Underfill Product Portfolios and Specifications
    Table 110. Shin-Etsu Chemical Underfill Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 111. Shin-Etsu Chemical Main Business
    Table 112. Shin-Etsu Chemical Latest Developments
    Table 113. Bondline Basic Information, Underfill Manufacturing Base, Sales Area and Its Competitors
    Table 114. Bondline Underfill Product Portfolios and Specifications
    Table 115. Bondline Underfill Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 116. Bondline Main Business
    Table 117. Bondline Latest Developments
    Table 118. AIM Solder Basic Information, Underfill Manufacturing Base, Sales Area and Its Competitors
    Table 119. AIM Solder Underfill Product Portfolios and Specifications
    Table 120. AIM Solder Underfill Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 121. AIM Solder Main Business
    Table 122. AIM Solder Latest Developments
    Table 123. Zymet Basic Information, Underfill Manufacturing Base, Sales Area and Its Competitors
    Table 124. Zymet Underfill Product Portfolios and Specifications
    Table 125. Zymet Underfill Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 126. Zymet Main Business
    Table 127. Zymet Latest Developments
    Table 128. Panacol-Elosol Basic Information, Underfill Manufacturing Base, Sales Area and Its Competitors
    Table 129. Panacol-Elosol Underfill Product Portfolios and Specifications
    Table 130. Panacol-Elosol Underfill Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 131. Panacol-Elosol Main Business
    Table 132. Panacol-Elosol Latest Developments
    Table 133. Master Bond Basic Information, Underfill Manufacturing Base, Sales Area and Its Competitors
    Table 134. Master Bond Underfill Product Portfolios and Specifications
    Table 135. Master Bond Underfill Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 136. Master Bond Main Business
    Table 137. Master Bond Latest Developments
    Table 138. DOVER Basic Information, Underfill Manufacturing Base, Sales Area and Its Competitors
    Table 139. DOVER Underfill Product Portfolios and Specifications
    Table 140. DOVER Underfill Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 141. DOVER Main Business
    Table 142. DOVER Latest Developments
    Table 143. Darbond Basic Information, Underfill Manufacturing Base, Sales Area and Its Competitors
    Table 144. Darbond Underfill Product Portfolios and Specifications
    Table 145. Darbond Underfill Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 146. Darbond Main Business
    Table 147. Darbond Latest Developments
    Table 148. HIGHTITE Basic Information, Underfill Manufacturing Base, Sales Area and Its Competitors
    Table 149. HIGHTITE Underfill Product Portfolios and Specifications
    Table 150. HIGHTITE Underfill Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 151. HIGHTITE Main Business
    Table 152. HIGHTITE Latest Developments
    Table 153. U-bond Basic Information, Underfill Manufacturing Base, Sales Area and Its Competitors
    Table 154. U-bond Underfill Product Portfolios and Specifications
    Table 155. U-bond Underfill Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 156. U-bond Main Business
    Table 157. U-bond Latest Developments
List of Figures
    Figure 1. Picture of Underfill
    Figure 2. Underfill Report Years Considered
    Figure 3. Research Objectives
    Figure 4. Research Methodology
    Figure 5. Research Process and Data Source
    Figure 6. Global Underfill Sales Growth Rate 2018-2029 (MT)
    Figure 7. Global Underfill Revenue Growth Rate 2018-2029 ($ Millions)
    Figure 8. Underfill Sales by Region (2018, 2022 & 2029) & ($ Millions)
    Figure 9. Product Picture of Semiconductor Underfills
    Figure 10. Product Picture of Board Level Underfills
    Figure 11. Global Underfill Sales Market Share by Type in 2022
    Figure 12. Global Underfill Revenue Market Share by Type (2018-2023)
    Figure 13. Underfill Consumed in Industrial Electronics
    Figure 14. Global Underfill Market: Industrial Electronics (2018-2023) & (MT)
    Figure 15. Underfill Consumed in Defense & Aerospace Electronics
    Figure 16. Global Underfill Market: Defense & Aerospace Electronics (2018-2023) & (MT)
    Figure 17. Underfill Consumed in Consumer Electronics
    Figure 18. Global Underfill Market: Consumer Electronics (2018-2023) & (MT)
    Figure 19. Underfill Consumed in Automotive Electronics
    Figure 20. Global Underfill Market: Automotive Electronics (2018-2023) & (MT)
    Figure 21. Underfill Consumed in Medical Electronics
    Figure 22. Global Underfill Market: Medical Electronics (2018-2023) & (MT)
    Figure 23. Underfill Consumed in Others
    Figure 24. Global Underfill Market: Others (2018-2023) & (MT)
    Figure 25. Global Underfill Sales Market Share by Application (2022)
    Figure 26. Global Underfill Revenue Market Share by Application in 2022
    Figure 27. Underfill Sales Market by Company in 2022 (MT)
    Figure 28. Global Underfill Sales Market Share by Company in 2022
    Figure 29. Underfill Revenue Market by Company in 2022 ($ Million)
    Figure 30. Global Underfill Revenue Market Share by Company in 2022
    Figure 31. Global Underfill Sales Market Share by Geographic Region (2018-2023)
    Figure 32. Global Underfill Revenue Market Share by Geographic Region in 2022
    Figure 33. Americas Underfill Sales 2018-2023 (MT)
    Figure 34. Americas Underfill Revenue 2018-2023 ($ Millions)
    Figure 35. APAC Underfill Sales 2018-2023 (MT)
    Figure 36. APAC Underfill Revenue 2018-2023 ($ Millions)
    Figure 37. Europe Underfill Sales 2018-2023 (MT)
    Figure 38. Europe Underfill Revenue 2018-2023 ($ Millions)
    Figure 39. Middle East & Africa Underfill Sales 2018-2023 (MT)
    Figure 40. Middle East & Africa Underfill Revenue 2018-2023 ($ Millions)
    Figure 41. Americas Underfill Sales Market Share by Country in 2022
    Figure 42. Americas Underfill Revenue Market Share by Country in 2022
    Figure 43. Americas Underfill Sales Market Share by Type (2018-2023)
    Figure 44. Americas Underfill Sales Market Share by Application (2018-2023)
    Figure 45. United States Underfill Revenue Growth 2018-2023 ($ Millions)
    Figure 46. Canada Underfill Revenue Growth 2018-2023 ($ Millions)
    Figure 47. Mexico Underfill Revenue Growth 2018-2023 ($ Millions)
    Figure 48. Brazil Underfill Revenue Growth 2018-2023 ($ Millions)
    Figure 49. APAC Underfill Sales Market Share by Region in 2022
    Figure 50. APAC Underfill Revenue Market Share by Regions in 2022
    Figure 51. APAC Underfill Sales Market Share by Type (2018-2023)
    Figure 52. APAC Underfill Sales Market Share by Application (2018-2023)
    Figure 53. China Underfill Revenue Growth 2018-2023 ($ Millions)
    Figure 54. Japan Underfill Revenue Growth 2018-2023 ($ Millions)
    Figure 55. South Korea Underfill Revenue Growth 2018-2023 ($ Millions)
    Figure 56. Southeast Asia Underfill Revenue Growth 2018-2023 ($ Millions)
    Figure 57. India Underfill Revenue Growth 2018-2023 ($ Millions)
    Figure 58. Australia Underfill Revenue Growth 2018-2023 ($ Millions)
    Figure 59. China Taiwan Underfill Revenue Growth 2018-2023 ($ Millions)
    Figure 60. Europe Underfill Sales Market Share by Country in 2022
    Figure 61. Europe Underfill Revenue Market Share by Country in 2022
    Figure 62. Europe Underfill Sales Market Share by Type (2018-2023)
    Figure 63. Europe Underfill Sales Market Share by Application (2018-2023)
    Figure 64. Germany Underfill Revenue Growth 2018-2023 ($ Millions)
    Figure 65. France Underfill Revenue Growth 2018-2023 ($ Millions)
    Figure 66. UK Underfill Revenue Growth 2018-2023 ($ Millions)
    Figure 67. Italy Underfill Revenue Growth 2018-2023 ($ Millions)
    Figure 68. Russia Underfill Revenue Growth 2018-2023 ($ Millions)
    Figure 69. Middle East & Africa Underfill Sales Market Share by Country in 2022
    Figure 70. Middle East & Africa Underfill Revenue Market Share by Country in 2022
    Figure 71. Middle East & Africa Underfill Sales Market Share by Type (2018-2023)
    Figure 72. Middle East & Africa Underfill Sales Market Share by Application (2018-2023)
    Figure 73. Egypt Underfill Revenue Growth 2018-2023 ($ Millions)
    Figure 74. South Africa Underfill Revenue Growth 2018-2023 ($ Millions)
    Figure 75. Israel Underfill Revenue Growth 2018-2023 ($ Millions)
    Figure 76. Turkey Underfill Revenue Growth 2018-2023 ($ Millions)
    Figure 77. GCC Country Underfill Revenue Growth 2018-2023 ($ Millions)
    Figure 78. Manufacturing Cost Structure Analysis of Underfill in 2022
    Figure 79. Manufacturing Process Analysis of Underfill
    Figure 80. Industry Chain Structure of Underfill
    Figure 81. Channels of Distribution
    Figure 82. Global Underfill Sales Market Forecast by Region (2024-2029)
    Figure 83. Global Underfill Revenue Market Share Forecast by Region (2024-2029)
    Figure 84. Global Underfill Sales Market Share Forecast by Type (2024-2029)
    Figure 85. Global Underfill Revenue Market Share Forecast by Type (2024-2029)
    Figure 86. Global Underfill Sales Market Share Forecast by Application (2024-2029)
    Figure 87. Global Underfill Revenue Market Share Forecast by Application (2024-2029)

Henkel
WON CHEMICAL
NAMICS
SUNSTAR
Hitachi Chemical
Fuji
Shin-Etsu Chemical
Bondline
AIM Solder
Zymet
Panacol-Elosol
Master Bond
DOVER
Darbond
HIGHTITE
U-bond

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape