Global Capillary Underfill Material Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Molded Underfill Material, No Flow Underfill Material, and Others.

By Material Type;

Quartz / Silicone, Alumina Based, Epoxy Based, Urethane Based, Acrylic Based, and Others.

By Application;

Chip Scale Packaging, Flip Chips, Ball Grid Array, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn315519093 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Capillary Underfill Material Market (USD Million), 2021 - 2031

In the year 2024, the Global Capillary Underfill Material Market was valued at USD 277.38 million. The size of this market is expected to increase to USD 475.37 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.0%.

The global caprylic acid market has witnessed significant growth in recent years, primarily driven by its wide-ranging applications across various industries. Caprylic acid, also known as octanoic acid, is a saturated fatty acid found naturally in coconuts and palm oil. Its versatility makes it a crucial ingredient in industries such as food and beverage, pharmaceuticals, personal care, and others.

In the food and beverage industry, caprylic acid serves as a preservative, flavoring agent, and antimicrobial agent, extending the shelf life of products and enhancing their quality. Moreover, its use as a dietary supplement has surged due to its potential health benefits, including improved digestion and metabolism.

In the pharmaceutical and personal care sectors, caprylic acid finds application in skincare products, as it exhibits antimicrobial properties that can help treat conditions such as acne and fungal infections. Additionally, it is utilized in the production of various drugs and as a component in medical devices.

The capillary underfill material market, a subset of the global caprylic acid market, is driven by the burgeoning electronics industry, particularly the demand for miniaturized electronic components. Capillary underfill materials, which typically contain caprylic acid derivatives, are used to encapsulate and protect delicate electronic components, ensuring their reliability and longevity. With the continuous advancements in electronics technology and the trend towards smaller, more powerful devices, the demand for capillary underfill materials is expected to remain robust, further fueling the growth of the global caprylic acid market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Material Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Capillary Underfill Material Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Natural Product Demand
        2. Health Benefits Recognition
        3. Food Industry Adoption
      2. Restraints
        1. Raw Material Price Volatility
        2. Regulatory Challenges
        3. Limited Awareness in New Markets
      3. Opportunities
        1. Diverse Applications
        2. Asia-Pacific Growth
        3. Sustainability Trends
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Capillary Underfill Material Market, By Product, 2021 - 2031 (USD Million)
      1. Molded Underfill Material
      2. No Flow Underfill Material
      3. Others
    2. Global Capillary Underfill Material Market, By Mterial Type, 2021 - 2031 (USD Million)
      1. Quartz / Silicone
      2. Alumina Based
      3. Epoxy Based
      4. Urethane Based
      5. Acrylic Based
      6. Others
    3. Global Capillary Underfill Material Market, By Application, 2021 - 2031 (USD Million)
      1. Chip Scale Packaging
      2. Flip Chips
      3. Ball Grid Array
      4. Others
    4. Global Capillary Underfill Material Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Zymet
      2. Epoxy Technology Inc
      3. Henkel Ag & Co. Kg
      4. Namics Corporation
      5. Nordson Corporation
  7. Analyst Views
  8. Future Outlook of the Market