MarketTrends<br>U.S. Demand for Electronic Polymer Products to Expand 6.4% Annually Through 2005
Demand for electronic polymer products is forecast to expand 6.4 percent per year to $3.5 billion in 2005. This will require 485 million pounds of resin valued at $1.6 billion.
Growth in electronic polymer products has lagged gains in electronic components over the last decade due to intense pricing pressure and the tendency of chip manufacturers to outsource their chip-packaging and assembly activities to lower-cost companies in Asia. U.S. firms have responded to this ongoing threat by investing heavily in research and development programs regarding new packaging technologies and higher-value processes and products.