Potting Compound Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Potting is process in which electronic assembly filled with solid or gelatinous compound. These potting compound specifically applied in electronics and electrical application to provide protection from vibration, shock, and loose wire and exclusion of moisture and corrosive agents. Materials such as epoxy resin, polyurethane resin, silicone resin, etc. are used as potting compound. Potting compounds are applied in various applications such as surface mount packages, beam bonded components, memory devices & microprocessors, capacitors, transformers, cable joints, and others. Curing techniques such as high temperature or thermally cured, UV cured, and room temperature cured, are used for curing in potting process.

MARKET DYNAMICS

The growing demand of potting compound for consumer electronics and transportation applications will drive the demand growth for the potting compound market. Additionally, increasing demand for miniaturization of electronic devices will further imply in the demand growth for the potting compound market. Predominantly, matured electronic and transportation industry in developed economies may hinder the growth for potting compound market. However, increasing demand for potting compound for application like microprocessors and surface mount packaging will create opportunities for the potting compound market.

MARKET SCOPE

The "Potting Compound Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the potting compound market with detailed market segmentation by, type, application, curing technique, end user industry and region. The potting compound market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading potting compound market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The potting compound market is segmented on the basis of type, application, curing technique, and end user industry. On the basis of type, the potting compound market is segmented into epoxy resin, polyurethane resin, silicone resin, polyester system, polyamide. On the basis of application, the potting compound market is segmented into, electronics, electrical. On the basis of curing technique, the potting compound market is segmented into, room temperature cured, high temperature or thermally cured, UV cured. On the basis of end user industry, the potting compound market is segmented into, consumer electronics, transportation, automotive, aviation, marine, energy & power, solar power, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the potting compound market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Potting compound market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the potting compound market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the potting compound market in these regions.

MARKET PLAYERS

The reports cover key developments in the potting compound market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from potting compound market are anticipated to lucrative growth opportunities in the future with the rising demand for potting compound in the global market. Below mentioned is the list of few companies engaged in the potting compound market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the potting compound market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•  ACC Silicones Ltd.
•  Dymax Corporation
•  EFI Polymers
•  Elantas Beck India Ltd.
•  Electrolube
•  EPIC Resins
•  Henkel AG & Co. KGAA
•  Intertronics
•  Master Bond Inc.
•  MG Chemicals

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Potting Compound Report Scope