Hermetic Packaging: Global Strategic Business Report

Global Hermetic Packaging Market to Reach $4.9 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Hermetic Packaging estimated at US$3.7 Billion in the year 2020, is projected to reach a revised size of US$4.9 Billion by 2027, growing at a CAGR of 4.2% over the analysis period 2020-2027. Ceramic-to-Metal Sealing, one of the segments analyzed in the report, is projected to record a 4.8% CAGR and reach US$2.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Glass-to-Metal Sealing segment is readjusted to a revised 4.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at $991 Million, While China is Forecast to Grow at 6.9% CAGR

The Hermetic Packaging market in the U.S. is estimated at US$991 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$1 Billion by the year 2027 trailing a CAGR of 6.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 3.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$647.9 Million by the year 2027.

Passivation Glass Segment to Record 3.6% CAGR

In the global Passivation Glass segment, USA, Canada, Japan, China and Europe will drive the 3.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$410.9 Million in the year 2020 will reach a projected size of US$520 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 3.7% CAGR through the analysis period.

Select Competitors (Total 38 Featured) -

• AMETEK, Inc.
• Amkor Technology, Inc.
• Egide SA
• Kyocera Corporation
• Legacy Technologies Inc.
• Materion Corporation
• Micross Components
• SCHOTT AG
• Teledyne Microelectronic Technologies
• Texas Instruments, Inc.

What's New for 2022?

• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and a Research Platform
• Complimentary updates for one year