Global Potting Compound Market Growth 2023-2029

Global Potting Compound Market Growth 2023-2029

Product Code:449079

Published Date: Feb 08,2023

Pages: 119

Region: Global

Category: Chemical & Material

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Potting compound, also known as electronic glue, is a widely called. For electronic components bonding, sealing, potting, and coating protection. Potting is liquid before not curing, with liquidity, glue viscosity according to product quality, performance, different production processes vary. Potting completely cured before it can achieve it using value, after curing can play the effects of waterproof, dustproof, insulation, thermal conductivity, confidentiality, anti-corrosion, temperature, shock.

LPI (LP Information)' newest research report, the “Potting Compound Industry Forecast” looks at past sales and reviews total world Potting Compound sales in 2022, providing a comprehensive analysis by region and market sector of projected Potting Compound sales for 2023 through 2029. With Potting Compound sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Potting Compound industry.

This Insight Report provides a comprehensive analysis of the global Potting Compound landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Potting Compound portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Potting Compound market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Potting Compound and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Potting Compound.

The global Potting Compound market size is projected to grow from US$ 3180.7 million in 2022 to US$ 4169.2 million in 2029; it is expected to grow at a CAGR of 4169.2 from 2023 to 2029.

Asia-Pacific is the largest market with about 40% market share. Europe and North America are follower, accounting for about 52% market share.

The key players are Henkel AG & Co. KGAA, Dow Corning, Shin-Etsu Chemical, Momentive, Electrolube, CHT Group, Nagase, H.B.Fuller, Wevo-Chemie, Elkem Silicones, Lord Corporation, Elantas, Huntsman Advanced Materials, Wacker-Chemie, Huitian New Materials etc. Top 3 companies occupied about 28% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Potting Compound market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Epoxy
    Polyurethane
    Silicone
    Others

Segmentation by application
    Electronics
    Transportation
    Energy & Power

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Henkel AG & Co. KGAA
    Dow Corning
    Shin-Etsu Chemical
    Momentive
    Electrolube
    CHT Group
    Nagase
    H.B.Fuller
    Wevo-Chemie
    Elkem Silicones
    Lord Corporation
    Elantas
    Huntsman Advanced Materials
    Wacker-Chemie
    Huitian New Materials

Key Questions Addressed in this Report
What is the 10-year outlook for the global Potting Compound market?
What factors are driving Potting Compound market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Potting Compound market opportunities vary by end market size?
How does Potting Compound break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?