Frequently Asked Questions
Hermetic Packaging market also suffered from COVID 19 pandemic. The market has begun to develop as a result of the rise in demand for electronic devices like smartphones and laptops brought on by the adoption of the work-from-home approach.
Asia Pacific accounted for the highest share in the global hermetic packaging market in terms of value as well as volume.
The increased usage of hermetic packaging for protecting extremely fragile electronic components and rising demand from end-user sectors have resulted in a rise in the worldwide hermetic packaging market.
Reed Glass segment had a major share in 2020 with more than 51% of the market revenue share. Besides, Ceramic-Metal Sealing (CERTM) is also projected to witness the fastest growth.
Airbag Ignitors had a major share in the global market in 2020 and are projected to continue their dominance over the forecast period.