Global Potting Compound Sales Market Report 2020

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.
The electronics sector is the largest application for potting compound globally. Potting compounds are used to protect, insulate, and conceal circuitry, components, and devices. They are formulated to meet the requirements of many demanding applications in the electronics and electrical sector such as consumer electronics, transportation, aviation, marine, energy & power, solar power, and others. Potting in both electronic and electrical applications are done to reduce internal stress, achieve excellent dielectric properties, electrical insulation, thermal conductivity, thermal shock resistance, mechanical strength, adhesion, hardness, cure speed, and chemical resistance.
Asia-Pacific is the global forerunner in the potting compound market, in terms of value and volume, and the trend is expected to continue till 2021. Countries in this region such as China, India, Japan, South Korea, and Malaysia are witnessing significant increase in the use of potting compounds in electronics & electrical applications. This growth is mainly due to the increasing demand from consumer electronics and transportation industry in Asia-Pacific. Further, rapid industrial development in Asia-Pacific is vigorously pushing the demand for potting compound in electronics and electrical applications. Malaysia, Indonesia, Singapore, and India are the fastest-growing markets in the region and are expected to follow a similar trend till 2021.
The potting compound market has a few numbers of global players competing significantly for their market share. These market players are actively investing in various strategies such as new product developments and expansion projects to increase their market share. Also, companies are investing heavily on R&D activities.

Major players

such as Henkel AG & Co. KGAA, Dow Corning, Shin-Etsu Chemical, Momentive, Electrolube, CHT Group have adopted various organic developmental strategies.

Market Analysis and Insights: Global Potting Compound Market
The global Potting Compound market size is projected to reach US$ 4018.9 million by 2026, from US$ 3120 million in 2020, at a CAGR of 4.3% during 2021-2026.

Global Potting Compound Scope and Market Size
The global Potting Compound market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Potting Compound market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.

Segment by Type, the Potting Compound market is segmented into
Epoxy
Polyurethane
Silicone
Others

Segment by Application, the Potting Compound market is segmented into
Electronics
Transportation
Energy & Power

The Potting Compound market is analysed and market size information is provided by regions (countries). Segment by Application, the Potting Compound market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

Competitive Landscape

and Potting Compound Market Share Analysis
Potting Compound market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Potting Compound business, the date to enter into the Potting Compound market, Potting Compound product introduction, recent developments, etc.

The major vendors covered:
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