Global Potting Compound Market Growth 2023-2029

Global Potting Compound Market Growth 2023-2029

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?

Please note: The report will take approximately 2 business days to prepare and deliver.