Europe Potting Compound Market Size, Share & Trends Analysis Report By Application, By Curing Technology (UV Curing, Thermal Curing, and Room Temperature Curing), By End User, By Resin Type, By Country and Growth Forecast, 2023 - 2030
The Europe Potting Compound Market would witness market growth of 3.9% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 109.70 kilo tonnes, showcasing a growth of 3.3% (2019-2022).
One of the primary uses of potting compounds in automotive electronics is to protect control modules, sensors, and wiring harnesses from harsh operating conditions such as temperature fluctuations, vibration, and exposure to chemicals. Thus, the France market consumed 20.33 kilo tonnes of potting compound in the market 2022.
The Germany market dominated the Europe Potting Compound Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $243.6 million by 2030. The UK market is exhibiting a CAGR of 3.6% during (2023 - 2030). Additionally, The France market would experience a CAGR of 3.3% during (2023 - 2030).
These are applied to electronic components such as sensors, integrated circuits, resistors, capacitors, and connectors to shield them from moisture, vibration, thermal cycling, and other external stresses. it ensures their continued functionality and prevent premature failure by encapsulating these components.
Additionally, potting compounds are utilized for sealing and waterproofing electronic assemblies, connectors, cable joints, and other vulnerable areas. This is particularly important in outdoor and marine applications where exposure to moisture and humidity can lead to corrosion and electrical shorts.
The automotive industry in the UK is experiencing a shift towards electric vehicles (EVs) driven by government incentives, stricter emission regulations, and consumer demand for sustainable transportation. Automotive manufacturers are increasingly focusing on lightweighting strategies to enhance fuel efficiency and lessen emissions in the UK.
Based on Application, the market is segmented into Electrical, and Electronics. Based on Curing Technology, the market is segmented into UV Curing, Thermal Curing, and Room Temperature Curing. Based on End User, the market is segmented into Electronics, Aerospace, Automotive, Industrial, and Others. Based on Resin Type, the market is segmented into Silicone, Epoxy, Polyurethane, Polyester, Polyamide, Polyolefin, and Acrylics. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- The Dow Chemical Company
- Dymax Corporation
- Henkel AG & Company, KGaA
- Huntsman Corporation
- MG Chemicals
- Wacker Chemie AG
- 3M Company
- WEVO-CHEMIE GmbH
- Shanghai SEPNA Chemical Technology Co., Ltd.
- Master Bond Inc.
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Electrical
- Electronics
- UV Curing
- Thermal Curing
- Room Temperature Curing
- Electronics
- Aerospace
- Automotive
- Industrial
- Others
- Silicone
- Epoxy
- Polyurethane
- Polyester
- Polyamide
- Polyolefin
- Acrylics
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Potting Compound Market, by Application
- 1.4.2 Europe Potting Compound Market, by Curing Technology
- 1.4.3 Europe Potting Compound Market, by End User
- 1.4.4 Europe Potting Compound Market, by Resin Type
- 1.4.5 Europe Potting Compound Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter Five Forces Analysis
- Chapter 4. Strategies Deployed in Potting Compound Market.
- Chapter 5. Europe Potting Compound Market by Application
- 5.1 Europe Electrical Market by Country
- 5.2 Europe Electronics Market by Country
- Chapter 6. Europe Potting Compound Market by Curing Technology
- 6.1 Europe UV Curing Market by Country
- 6.2 Europe Thermal Curing Market by Country
- 6.3 Europe Room Temperature Curing Market by Country
- Chapter 7. Europe Potting Compound Market by End User
- 7.1 Europe Electronics Market by Country
- 7.2 Europe Aerospace Market by Country
- 7.3 Europe Automotive Market by Country
- 7.4 Europe Industrial Market by Country
- 7.5 Europe Others Market by Country
- Chapter 8. Europe Potting Compound Market by Resin Type
- 8.1 Europe Silicone Market by Country
- 8.2 Europe Epoxy Market by Country
- 8.3 Europe Polyurethane Market by Country
- 8.4 Europe Polyester Market by Country
- 8.5 Europe Polyamide Market by Country
- 8.6 Europe Polyolefin Market by Country
- 8.7 Europe Acrylics Market by Country
- Chapter 9. Europe Potting Compound Market by Country
- 9.1 Germany Potting Compound Market
- 9.1.1 Germany Potting Compound Market by Application
- 9.1.2 Germany Potting Compound Market by Curing Technology
- 9.1.3 Germany Potting Compound Market by End User
- 9.1.4 Germany Potting Compound Market by Resin Type
- 9.2 UK Potting Compound Market
- 9.2.1 UK Potting Compound Market by Application
- 9.2.2 UK Potting Compound Market by Curing Technology
- 9.2.3 UK Potting Compound Market by End User
- 9.2.4 UK Potting Compound Market by Resin Type
- 9.3 France Potting Compound Market
- 9.3.1 France Potting Compound Market by Application
- 9.3.2 France Potting Compound Market by Curing Technology
- 9.3.3 France Potting Compound Market by End User
- 9.3.4 France Potting Compound Market by Resin Type
- 9.4 Russia Potting Compound Market
- 9.4.1 Russia Potting Compound Market by Application
- 9.4.2 Russia Potting Compound Market by Curing Technology
- 9.4.3 Russia Potting Compound Market by End User
- 9.4.4 Russia Potting Compound Market by Resin Type
- 9.5 Spain Potting Compound Market
- 9.5.1 Spain Potting Compound Market by Application
- 9.5.2 Spain Potting Compound Market by Curing Technology
- 9.5.3 Spain Potting Compound Market by End User
- 9.5.4 Spain Potting Compound Market by Resin Type
- 9.6 Italy Potting Compound Market
- 9.6.1 Italy Potting Compound Market by Application
- 9.6.2 Italy Potting Compound Market by Curing Technology
- 9.6.3 Italy Potting Compound Market by End User
- 9.6.4 Italy Potting Compound Market by Resin Type
- 9.7 Rest of Europe Potting Compound Market
- 9.7.1 Rest of Europe Potting Compound Market by Application
- 9.7.2 Rest of Europe Potting Compound Market by Curing Technology
- 9.7.3 Rest of Europe Potting Compound Market by End User
- 9.7.4 Rest of Europe Potting Compound Market by Resin Type
- Chapter 10. Company Profiles
- 10.1 The Dow Chemical Company
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Segmental and Regional Analysis
- 10.1.4 Research & Development Expenses
- 10.1.5 Recent strategies and developments:
- 10.1.5.1 Partnerships, Collaborations, and Agreements:
- 10.1.5.2 Product Launches and Product Expansions:
- 10.1.5.3 Acquisition and Mergers:
- 10.1.6 SWOT Analysis
- 10.2 Dymax Corporation
- 10.2.1 Company Overview
- 10.2.1.1 Partnerships, Collaborations, and Agreements:
- 10.2.2 SWOT Analysis
- 10.3 Henkel AG & Company, KGaA
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Segmental and Regional Analysis
- 10.3.4 Research & Development Expense
- 10.3.5 SWOT Analysis
- 10.4 Huntsman Corporation
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Segmental and Regional Analysis
- 10.4.4 Research & Development Expenses
- 10.4.5 SWOT Analysis
- 10.5 M.G. Chemicals
- 10.5.1 Company Overview
- 10.5.2 SWOT Analysis
- 10.6 Wacker Chemie AG
- 10.6.1 Company Overview
- 10.6.2 Financial Analysis
- 10.6.3 Segmental and Regional Analysis
- 10.6.4 Research & Development Expenses
- 10.6.5 SWOT Analysis
- 10.7 3M Company
- 10.7.1 Company Overview
- 10.7.2 Financial Analysis
- 10.7.3 Segmental and Regional Analysis
- 10.7.4 Research & Development Expense
- 10.7.5 SWOT Analysis
- 10.8 WEVO-CHEMIE GmbH
- 10.8.1 Company Overview
- 10.8.2 Recent strategies and developments:
- 10.8.2.1 Product Launches and Product Expansions:
- 10.8.3 SWOT Analysis
- 10.9 Shanghai SEPNA Chemical Technology Co., Ltd
- 10.9.1 Company Overview
- 10.9.2 SWOT Analysis
- 10.10. Master Bond Inc.
- 10.10.1 Company Overview
- 10.10.2 SWOT Analysis
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