Global Potting Compounds Market, By Resin Type (Epoxy, Polyurethane, Silicone, Polyester, Polyamide, Polyolefin, Acrylics), By Curing Technology (UV Curing, Thermal Curing, Room Temperature Curing), By Application (Electrical, Electronics), By End-User (Electronics, Aerospace, Automotive, Industrial, Others), and opportunities and forecast 2020-2027
Potting Compounds Market Overview
Potting compounds are at the frontline of electronics assembly, delivering effective protection in challenging environmental conditions while improving mechanical strength and offering high electric insulation. The global Potting Compounds market is expected to witness strong growth in the forthcoming years. The growing need for potting compounds within a broad range of consumer electronics, as well as increasing used in applications across the automotive, aerospace, and other industries where electronic assemblies are prevalent. These prime factors majorly contributed to the development of the global Potting Compound market in the forecast period.
Furthermore, several applications in electronic industries such as beam bonded components, surface mount packaging, and microprocessors are some other key factors that are promoting the growth of the global Potting Compound market. Similarly, the growing demand for electronic devices miniaturization is also one of the important factors that support the global Potting Compound market to grow in the forecast period. As well, the growing concerns to keep the electronic and electrical components safe from various shocks while transporting the devices is another key aspect for the growth of the global Potting Compound market.
Covid-19 Impact on Potting Compounds Market
The ongoing COVID-19 pandemic conditions have severely affected every sector around the world. Whereas, the chemicals and materials sectors were moderately affected during the pandemic. This is primarily due to the uncut demand for chemicals for healthcare, life science, and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, construction materials are facing diminution in demand. Strict lockdown resulted in a nearly 50-60% reduction in supply for raw materials, which directly affected the manufacturing process. Further, halt on many end-use industries directly affected the chemical demand all around the world.
Potting Compounds Market Segment Overview
Based on Resin Type, the Epoxy Resins segment held the largest share in the global Potting Compound market and is expected to maintain its dominance during the forecast period. Epoxy resins have great importance owing to their extraordinary characteristics such as better adhesion, high temperature & chemical resistance, higher rigidity, modulus & tensile strength, and very good moisture resistance. Epoxies have excellent dielectric properties and are used widely in potting transformers and switches.
By application, the Electronics segment has significant growth in the market. This is due to the use of potting compounds in consumer electronics, transportation, aviation, marine, energy and power, solar power, and other sectors by major industrial manufacturers. In addition, Potting in both electrical and electronics applications is done to decrease internal stress, attain excellent dielectric properties, electrical insulation, thermal shock resistance, thermal conductivity, mechanical strength, adhesion, hardness, cure speed, and chemical resistance.
Potting Compounds Market, By Resin Type · Epoxy · Polyurethane · Silicone · Polyester · Polyamide · Polyolefin · Acrylics
Potting Compounds Market, By Curing Technology · UV Curing · Thermal Curing · Room Temperature Curing
Potting Compounds Market, By Application · Electrical · Electronics
In terms of geography, Asia Pacific is expected to dominate the global Potting Compound market in the forecast period. The growth can be attributed to the growing adoption of potting compounds in several electronics and electric applications in this region. The growth of the region in the potting compound market is also the result of major industrial expansion in countries like China, Japan, and South Korea.
Potting Compounds Market, By Geography
· North America (US & Canada) · Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe) · Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific) · LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Potting Compounds Market Competitor overview
Some key developments and strategies adopted by manufacturers in Potting Compounds are highlighted below.
· In September 2021, 3M, a leader in high-performance polymer additives, has expanded their line of boron nitride cooling fillers applicable to a wide array of automotive, electrical and electronic devices and components.
Potting Compounds Market, Key Players
· Huntsman Advanced Materials · Wacker-Chemie · HItach Chemical LLC · Aremco Products, Inc. · DowDuPont Inc · The 3M Company · Henkel AG & Co. KGaA. · Lord Corporation · RBC Industries · Master Bond, Inc. · Shanghai Sepna Chemical Technology Co. Ltd.
Potting Compounds Market Study Global Market Analysis, Insights and Forecast, 2020-2027
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Key Emerging Trends – For Major Countries
4.2. Latest Technological Advancement
4.3. Regulatory Landscape
4.4. Industry SWOT Analysis
4.5. Porters Five Forces Analysis
5. Global Potting Compounds Market Analysis (USD Billion), Insights and Forecast, 2020-2027
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast – By Resin Type
5.2.1. Epoxy
5.2.2. Polyurethane
5.2.3. Silicone
5.2.4. Polyester
5.2.5. Polyamide
5.2.6. Polyolefin
5.2.7. Acrylics
5.3. Market Analysis, Insights and Forecast – By Curing Technology
5.3.1. UV Curing
5.3.2. Thermal Curing
5.3.3. Room Temperature Curing
5.4. Market Analysis, Insights and Forecast – By Application
5.4.1. Electrical
5.4.2. Electronics
5.5. Market Analysis, Insights and Forecast – By End-User
5.5.1. Electronics
5.5.2. Aerospace
5.5.3. Automotive
5.5.4. Industrial
5.5.5. Others
5.6. Market Analysis, Insights and Forecast – By Region
5.6.1. North America
5.6.2. Europe
5.6.3. Asia Pacific
5.6.4. Latin America, Middle East and Africa
6. North America Potting Compounds Market Analysis (USD Billion), Insights and Forecast, 2020-2027
6.1. Key Findings / Summary
6.2. Market Analysis, Insights and Forecast – By Resin Type
6.2.1. Epoxy
6.2.2. Polyurethane
6.2.3. Silicone
6.2.4. Polyester
6.2.5. Polyamide
6.2.6. Polyolefin
6.2.7. Acrylics
6.3. Market Analysis, Insights and Forecast – By Curing Technology
6.3.1. UV Curing
6.3.2. Thermal Curing
6.3.3. Room Temperature Curing
6.4. Market Analysis, Insights and Forecast – By Application
6.4.1. Electrical
6.4.2. Electronics
6.5. Market Analysis, Insights and Forecast – By End-User
6.5.1. Electronics
6.5.2. Aerospace
6.5.3. Automotive
6.5.4. Industrial
6.5.5. Others
6.6. Market Analysis, Insights and Forecast – By Country
6.6.1. U.S.
6.6.2. Canada
7. Europe Potting Compounds Market Analysis (USD Billion), Insights and Forecast, 2020-2027
7.1. Key Findings / Summary
7.2. Market Analysis, Insights and Forecast – By Resin Type
7.2.1. Epoxy
7.2.2. Polyurethane
7.2.3. Silicone
7.2.4. Polyester
7.2.5. Polyamide
7.2.6. Polyolefin
7.2.7. Acrylics
7.3. Market Analysis, Insights and Forecast – By Curing Technology
7.3.1. UV Curing
7.3.2. Thermal Curing
7.3.3. Room Temperature Curing
7.4. Market Analysis, Insights and Forecast – By Application
7.4.1. Electrical
7.4.2. Electronics
7.5. Market Analysis, Insights and Forecast – By End-User
7.5.1. Electronics
7.5.2. Aerospace
7.5.3. Automotive
7.5.4. Industrial
7.5.5. Others
7.6. Market Analysis, Insights and Forecast – By Country
7.6.1. UK
7.6.2. Germany
7.6.3. France
7.6.4. Italy
7.6.5. Spain
7.6.6. Russia
7.6.7. Rest of Europe
8. Asia Pacific Potting Compounds Market Analysis (USD Billion), Insights and Forecast, 2020-2027
8.1. Key Findings / Summary
8.2. Market Analysis, Insights and Forecast – By Resin Type
8.2.1. Epoxy
8.2.2. Polyurethane
8.2.3. Silicone
8.2.4. Polyester
8.2.5. Polyamide
8.2.6. Polyolefin
8.2.7. Acrylics
8.3. Market Analysis, Insights and Forecast – By Curing Technology
8.3.1. UV Curing
8.3.2. Thermal Curing
8.3.3. Room Temperature Curing
8.4. Market Analysis, Insights and Forecast – By Application
8.4.1. Electrical
8.4.2. Electronics
8.5. Market Analysis, Insights and Forecast – By End-User
8.5.1. Electronics
8.5.2. Aerospace
8.5.3. Automotive
8.5.4. Industrial
8.5.5. Others
8.6. Market Analysis, Insights and Forecast – By Country
8.6.1. China
8.6.2. India
8.6.3. Japan
8.6.4. Australia
8.6.5. South East Asia
8.6.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Potting Compounds Market Analysis (USD Billion), Insights and Forecast, 2020-2027
9.1. Key Findings / Summary
9.2. Market Analysis, Insights and Forecast – By Resin Type
9.2.1. Epoxy
9.2.2. Polyurethane
9.2.3. Silicone
9.2.4. Polyester
9.2.5. Polyamide
9.2.6. Polyolefin
9.2.7. Acrylics
9.3. Market Analysis, Insights and Forecast – By Curing Technology
9.3.1. UV Curing
9.3.2. Thermal Curing
9.3.3. Room Temperature Curing
9.4. Market Analysis, Insights and Forecast – By Application
9.4.1. Electrical
9.4.2. Electronics
9.5. Market Analysis, Insights and Forecast – By End-User
9.5.1. Electronics
9.5.2. Aerospace
9.5.3. Automotive
9.5.4. Industrial
9.5.5. Others
9.6. Market Analysis, Insights and Forecast – By Country
9.6.1. Brazil
9.6.2. Saudi Arabia
9.6.3. UAE
9.6.4. Rest of LAMEA
10. Competitive Analysis
10.1. Company Market Share Analysis, 2018
10.2. Key Industry Developments
10.3. Company Profile
10.4. Huntsman Advanced Materials
10.4.1. Business Overview
10.4.2. Segment 1 & Service Offering
10.4.3. Overall Revenue
10.4.4. Geographic Presence
10.4.5. Recent Development
*Similar details will be provided for the following companies
10.5. Wacker-Chemie
10.6. HItach Chemical LLC
10.7. Aremco Products, Inc.
10.8. DowDuPont Inc
10.9. The 3M Company
10.10. Henkel AG & Co. KGaA.
10.11. Lord Corporation
10.12. RBC Industries
10.13. Master Bond, Inc.
List of Figures
Figure 1: Global Potting Compounds Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
Figure 2: Global Potting Compounds Market Value Share (%), By Segment 1, 2019 & 2027
Figure 3: Global Potting Compounds Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 4: Global Potting Compounds Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 5: Global Potting Compounds Market Value Share (%), By Segment 2, 2019 & 2027
Figure 6: Global Potting Compounds Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 7: Global Potting Compounds Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 8: Global Potting Compounds Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 9: Global Potting Compounds Market Forecast (USD Billion), by Others, 2016-2027
Figure 10: Global Potting Compounds Market Value Share (%), By Segment 3, 2019 & 2027
Figure 11: Global Potting Compounds Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 12: Global Potting Compounds Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 13: Global Potting Compounds Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 14: Global Potting Compounds Market Forecast (USD Billion), by Others, 2016-2027
Figure 15: Global Potting Compounds Market Value (USD Billion), by Region, 2019 & 2027
Figure 16: North America Potting Compounds Market Value Share (%), By Segment 1, 2019 & 2027
Figure 17: North America Potting Compounds Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 18: North America Potting Compounds Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 19: North America Potting Compounds Market Value Share (%), By Segment 2, 2019 & 2027
Figure 20: North America Potting Compounds Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 21: North America Potting Compounds Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 22: North America Potting Compounds Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 23: North America Potting Compounds Market Forecast (USD Billion), by Others, 2016-2027
Figure 24: North America Potting Compounds Market Value Share (%), By Segment 3, 2019 & 2027
Figure 25: North America Potting Compounds Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 26: North America Potting Compounds Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 27: North America Potting Compounds Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 28: North America Potting Compounds Market Forecast (USD Billion), by Others, 2016-2027
Figure 29: North America Potting Compounds Market Forecast (USD Billion), by U.S., 2016-2027
Figure 30: North America Potting Compounds Market Forecast (USD Billion), by Canada, 2016-2027
Figure 31: Latin America Potting Compounds Market Value Share (%), By Segment 1, 2019 & 2027
Figure 32: Latin America Potting Compounds Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 33: Latin America Potting Compounds Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 34: Latin America Potting Compounds Market Value Share (%), By Segment 2, 2019 & 2027
Figure 35: Latin America Potting Compounds Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 36: Latin America Potting Compounds Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 37: Latin America Potting Compounds Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 38: Latin America Potting Compounds Market Forecast (USD Billion), by Others, 2016-2027
Figure 39: Latin America Potting Compounds Market Value Share (%), By Segment 3, 2019 & 2027
Figure 40: Latin America Potting Compounds Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 41: Latin America Potting Compounds Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 42: Latin America Potting Compounds Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 43: Latin America Potting Compounds Market Forecast (USD Billion), by Others, 2016-2027
Figure 44: Latin America Potting Compounds Market Forecast (USD Billion), by Brazil, 2016-2027
Figure 45: Latin America Potting Compounds Market Forecast (USD Billion), by Mexico, 2016-2027
Figure 46: Latin America Potting Compounds Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
Figure 47: Europe Potting Compounds Market Value Share (%), By Segment 1, 2019 & 2027
Figure 48: Europe Potting Compounds Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 49: Europe Potting Compounds Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 50: Europe Potting Compounds Market Value Share (%), By Segment 2, 2019 & 2027
Figure 51: Europe Potting Compounds Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 52: Europe Potting Compounds Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 53: Europe Potting Compounds Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 54: Europe Potting Compounds Market Forecast (USD Billion), by Others, 2016-2027
Figure 55: Europe Potting Compounds Market Value Share (%), By Segment 3, 2019 & 2027
Figure 56: Europe Potting Compounds Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 57: Europe Potting Compounds Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 58: Europe Potting Compounds Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 59: Europe Potting Compounds Market Forecast (USD Billion), by Others, 2016-2027
Figure 60: Europe Potting Compounds Market Forecast (USD Billion), by U.K., 2016-2027
Figure 61: Europe Potting Compounds Market Forecast (USD Billion), by Germany, 2016-2027
Figure 62: Europe Potting Compounds Market Forecast (USD Billion), by France, 2016-2027
Figure 63: Europe Potting Compounds Market Forecast (USD Billion), by Italy, 2016-2027
Figure 64: Europe Potting Compounds Market Forecast (USD Billion), by Spain, 2016-2027
Figure 65: Europe Potting Compounds Market Forecast (USD Billion), by Russia, 2016-2027
Figure 66: Europe Potting Compounds Market Forecast (USD Billion), by Rest of Europe, 2016-2027
Figure 67: Asia Pacific Potting Compounds Market Value Share (%), By Segment 1, 2019 & 2027
Figure 68: Asia Pacific Potting Compounds Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 69: Asia Pacific Potting Compounds Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 70: Asia Pacific Potting Compounds Market Value Share (%), By Segment 2, 2019 & 2027
Figure 71: Asia Pacific Potting Compounds Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 72: Asia Pacific Potting Compounds Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 73: Asia Pacific Potting Compounds Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 74: Asia Pacific Potting Compounds Market Forecast (USD Billion), by Others, 2016-2027
Figure 75: Asia Pacific Potting Compounds Market Value Share (%), By Segment 3, 2019 & 2027
Figure 76: Asia Pacific Potting Compounds Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 77: Asia Pacific Potting Compounds Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 78: Asia Pacific Potting Compounds Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 79: Asia Pacific Potting Compounds Market Forecast (USD Billion), by Others, 2016-2027
Figure 80: Asia Pacific Potting Compounds Market Forecast (USD Billion), by China, 2016-2027
Figure 81: Asia Pacific Potting Compounds Market Forecast (USD Billion), by India, 2016-2027
Figure 82: Asia Pacific Potting Compounds Market Forecast (USD Billion), by Japan, 2016-2027
Figure 83: Asia Pacific Potting Compounds Market Forecast (USD Billion), by Australia, 2016-2027
Figure 84: Asia Pacific Potting Compounds Market Forecast (USD Billion), by Southeast Asia, 2016-2027
Figure 85: Asia Pacific Potting Compounds Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
Figure 86: Middle East & Africa Potting Compounds Market Value Share (%), By Segment 1, 2019 & 2027
Figure 87: Middle East & Africa Potting Compounds Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 88: Middle East & Africa Potting Compounds Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 89: Middle East & Africa Potting Compounds Market Value Share (%), By Segment 2, 2019 & 2027
Figure 90: Middle East & Africa Potting Compounds Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 91: Middle East & Africa Potting Compounds Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 92: Middle East & Africa Potting Compounds Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 93: Middle East & Africa Potting Compounds Market Forecast (USD Billion), by Others, 2016-2027
Figure 94: Middle East & Africa Potting Compounds Market Value Share (%), By Segment 3, 2019 & 2027
Figure 95: Middle East & Africa Potting Compounds Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 96: Middle East & Africa Potting Compounds Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 97: Middle East & Africa Potting Compounds Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 98: Middle East & Africa Potting Compounds Market Forecast (USD Billion), by Others, 2016-2027
Figure 99: Middle East & Africa Potting Compounds Market Forecast (USD Billion), by GCC, 2016-2027
Figure 100: Middle East & Africa Potting Compounds Market Forecast (USD Billion), by South Africa, 2016-2027
Figure 101: Middle East & Africa Potting Compounds Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027
List of Tables
Table 1: Global Potting Compounds Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 2: Global Potting Compounds Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 3: Global Potting Compounds Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 4: Global Potting Compounds Market Revenue (USD Billion) Forecast, by Region, 2016-2027
Table 5: North America Potting Compounds Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 6: North America Potting Compounds Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 7: North America Potting Compounds Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 8: North America Potting Compounds Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 9: Europe Potting Compounds Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 10: Europe Potting Compounds Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 11: Europe Potting Compounds Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 12: Europe Potting Compounds Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 13: Latin America Potting Compounds Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 14: Latin America Potting Compounds Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 15: Latin America Potting Compounds Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 16: Latin America Potting Compounds Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 17: Asia Pacific Potting Compounds Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 18: Asia Pacific Potting Compounds Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 19: Asia Pacific Potting Compounds Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 20: Asia Pacific Potting Compounds Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 21: Middle East & Africa Potting Compounds Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 22: Middle East & Africa Potting Compounds Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 23: Middle East & Africa Potting Compounds Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 24: Middle East & Africa Potting Compounds Market Revenue (USD Billion) Forecast, by Country, 2016-2027
