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Potting Compound Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global potting compound market size reached US$ 3.02 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.98 Billion by 2027, exhibiting a growth rate (CAGR) of 4.40% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Potting compounds are liquid resins that flow over a circuit board to protect the electronic components against moisture, heat, vibration, impact, and environmental factors. They comprise epoxy, polyurethane, and silicone to provide high adhesion to electronic products. They help prevent short circuits, offer increased chemical protection in complex assemblies, and provide mechanical shock and vibration resistance in harsh environmental conditions. In addition, they offer high-temperature resistance while preventing the cracking or yellowing of electronic devices due to ultraviolet (UV) radiation. As a result, potting compounds are widely used in automotive, electronics, aerospace, and power industries across the globe.

 

 
 

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Potting Compound Market Trends:

At present, there is a rise in the demand for potting compounds in the electrical and electronics industry to protect products from moisture and shock. This, along with the growing miniaturization of electronic components to develop small portable and handheld computer devices, represents one of the key factors driving the market. Besides this, the rising trend of vehicle electrification in the transportation sector to reduce greenhouse gas emissions is contributing to the growth of the market. Additionally, the increasing integration of electronic systems in vehicles, such as navigation, infotainment, and advanced driver-assistance systems (ADAS), is offering lucrative growth opportunities to industry investors. Apart from this, the growing awareness among the masses about the benefits of using potting compounds to produce electronic devices, such as high viscosity and semi-rigid and flexible compositions, is positively influencing the market. Moreover, there is an increase in the demand for electronic devices, such as semiconductors, capacitors, transformers, and solenoids, around the world. This, coupled with the burgeoning electronic industry, is propelling the growth of the market. Furthermore, the rising demand for potting compounds in the aerospace industry is bolstering the growth of the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global potting compound market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on resin type, curing technology and end user.

Breakup by Resin Type:

  • Epoxy
  • Polyurethane
  • Silicone
  • Polyester
  • Polyamide
  • Polyolefin
  • Acrylics
     

Breakup by Curing Technology:

 

 
 

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  • UV Curing
  • Thermal Curing
  • Room Temperature Curing
     

Breakup by End User:

  • Electronics
  • Aerospace
  • Automotive
  • Industrial
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, Aremco Products Inc., DuPont de Nemours Inc., Dymax Corporation, EFI Polymers, Electrolube (Element Solutions Inc), Henkel AG & Co. KGaA, Huntsman International LLC (Huntsman Corporation), LORD Corporation (Parker Hannifin Corporation), Master Bond Inc., MG Chemicals, RBC Industries Inc and WEVO-CHEMIE GmbH.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Resin Type, Curing Technology, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 3M Company, Aremco Products Inc., DuPont de Nemours Inc., Dymax Corporation, EFI Polymers, Electrolube (Element Solutions Inc), Henkel AG & Co. KGaA, Huntsman International LLC (Huntsman Corporation), LORD Corporation (Parker Hannifin Corporation), Master Bond Inc., MG Chemicals, RBC Industries Inc and WEVO-CHEMIE GmbH.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global potting compound market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global potting compound market?
  • What are the key regional markets?
  • What is the breakup of the market based on the resin type?
  • What is the breakup of the market based on the curing technology?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global potting compound market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Potting Compound Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Resin Type
    6.1    Epoxy
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Polyurethane
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Silicone
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Polyester
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Polyamide
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Polyolefin
        6.6.1 Market Trends
        6.6.2 Market Forecast
    6.7    Acrylics
        6.7.1 Market Trends
        6.7.2 Market Forecast
7    Market Breakup by Curing Technology
    7.1    UV Curing
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Thermal Curing
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Room Temperature Curing
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by End User
    8.1    Electronics
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Aerospace
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Automotive
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Industrial
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Others
        8.5.1 Market Trends
        8.5.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    3M Company
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 Financials
           14.3.1.4 SWOT Analysis
        14.3.2    Aremco Products Inc.
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    DuPont de Nemours Inc.
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
           14.3.3.4 SWOT Analysis
        14.3.4    Dymax Corporation
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    EFI Polymers
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
        14.3.6    Electrolube (Element Solutions Inc)
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
        14.3.7    Henkel AG & Co. KGaA
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
           14.3.7.4 SWOT Analysis
        14.3.8    Huntsman International LLC (Huntsman Corporation)
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    LORD Corporation (Parker Hannifin Corporation)
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    Master Bond Inc.
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
        14.3.11    MG Chemicals
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
        14.3.12    RBC Industries Inc
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
        14.3.13    WEVO-CHEMIE GmbH
           14.3.13.1 Company Overview
           14.3.13.2 Product Portfolio

List of Figures

Figure 1: Global: Potting Compound Market: Major Drivers and Challenges
Figure 2: Global: Potting Compound Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Potting Compound Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Potting Compound Market: Breakup by Resin Type (in %), 2021
Figure 5: Global: Potting Compound Market: Breakup by Curing Technology (in %), 2021
Figure 6: Global: Potting Compound Market: Breakup by End User (in %), 2021
Figure 7: Global: Potting Compound Market: Breakup by Region (in %), 2021
Figure 8: Global: Potting Compound (Epoxy) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Potting Compound (Epoxy) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Potting Compound (Polyurethane) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Potting Compound (Polyurethane) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Potting Compound (Silicone) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Potting Compound (Silicone) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Potting Compound (Polyester) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Potting Compound (Polyester) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Potting Compound (Polyamide) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Potting Compound (Polyamide) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Potting Compound (Polyolefin) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Potting Compound (Polyolefin) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Potting Compound (Acrylics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Potting Compound (Acrylics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Potting Compound (UV Curing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Potting Compound (UV Curing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Potting Compound (Thermal Curing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Potting Compound (Thermal Curing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Potting Compound (Room Temperature Curing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Potting Compound (Room Temperature Curing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Potting Compound (Electronics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Potting Compound (Electronics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Potting Compound (Aerospace) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Potting Compound (Aerospace) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Potting Compound (Automotive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Potting Compound (Automotive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Potting Compound (Industrial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Potting Compound (Industrial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Potting Compound (Other End Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Potting Compound (Other End Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: North America: Potting Compound Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: North America: Potting Compound Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: United States: Potting Compound Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: United States: Potting Compound Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Canada: Potting Compound Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Canada: Potting Compound Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Asia-Pacific: Potting Compound Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Asia-Pacific: Potting Compound Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: China: Potting Compound Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: China: Potting Compound Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Japan: Potting Compound Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Japan: Potting Compound Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: India: Potting Compound Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: India: Potting Compound Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: South Korea: Potting Compound Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: South Korea: Potting Compound Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Australia: Potting Compound Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Australia: Potting Compound Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Indonesia: Potting Compound Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Indonesia: Potting Compound Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Others: Potting Compound Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Others: Potting Compound Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Europe: Potting Compound Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Europe: Potting Compound Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Germany: Potting Compound Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Germany: Potting Compound Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: France: Potting Compound Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: France: Potting Compound Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: United Kingdom: Potting Compound Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: United Kingdom: Potting Compound Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Italy: Potting Compound Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Italy: Potting Compound Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Spain: Potting Compound Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Spain: Potting Compound Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Russia: Potting Compound Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Russia: Potting Compound Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Others: Potting Compound Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Others: Potting Compound Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Latin America: Potting Compound Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Latin America: Potting Compound Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Brazil: Potting Compound Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Brazil: Potting Compound Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Mexico: Potting Compound Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Mexico: Potting Compound Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Others: Potting Compound Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Others: Potting Compound Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Middle East and Africa: Potting Compound Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Middle East and Africa: Potting Compound Market: Breakup by Country (in %), 2021
Figure 86: Middle East and Africa: Potting Compound Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Global: Potting Compound Industry: SWOT Analysis
Figure 88: Global: Potting Compound Industry: Value Chain Analysis
Figure 89: Global: Potting Compound Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Potting Compound Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Potting Compound Market Forecast: Breakup by Resin Type (in Million US$), 2022-2027
Table 3: Global: Potting Compound Market Forecast: Breakup by Curing Technology (in Million US$), 2022-2027
Table 4: Global: Potting Compound Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 5: Global: Potting Compound Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Potting Compound Market: Competitive Structure
Table 7: Global: Potting Compound Market: Key Players


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