Global Potting Compounds Market 2018-2022

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Overview of the global potting compounds market

Technavio’s market research analysts have identified the increasing demand for better barrier protection as one of the primary factors that will trigger the growth of the potting compounds market size till 2022. Potting compounds finds their application in curing and encapsulation of electronics and electricals. They also prevent moisture, chemicals, shock, voltage, vibration, and physical damage. Owing to high adhesion and high temperature and chemical resistance, epoxy resins are considered as one of the best barrier protector resins. Additionally, epoxy resins attach to a range of substrates without primers. Other resins such as polyurethane and silicone resins are ideal potting compounds as they provide high barrier protection. Technavio’s market research analysts predict that this global market will post a revenue of more than USD 3190 million by 2022.

The growing use of polyurethane resins is one of the key trends in the potting compounds market. The use of polyurethane resins is increasing owing to the developments in resin technology in polyurethane chemistry. The working life and gel time of polyurethane resins can be easily modulated to meet the customer expectations. Moreover, the curing of polyurethane resins needs lower exotherm than epoxies with advances in technology.

Companies covered

With the presence of several vendors, the potting compounds market appears to be fragmented. The epoxy potting compound market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.

The report includes an analysis of a number of companies in this marketspace including -

• ALTANA
• CHT Group
• Dymax Corporation
• Henkel
• NAGASE & CO

Segmentation by application and analysis of the potting compounds market

• Electronics
• Electricals

The electronics segment accounted for the major share of the market during 2017. According to our research report, this segment will grow during the forecast period owing to the increasing popularity and demand for potting compounds in electronics segment.

Geographical segmentation and analysis of the potting compounds market

• Americas
• APAC
• EMEA

Our analysts have predicted that in terms of geographic regions, the epoxy potting compound market will witness considerable growth in APAC during the next few years. This region will be the major contributor to the growth of the market due to the growing economy of emerging countries like China and India.

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Key questions answered in the report include

• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global potting compounds market?
• What are the key market trends impacting the growth of the global potting compounds market?
• What are the challenges to market growth?
• Who are the key vendors in the global potting compounds market?
• What are the market opportunities and threats faced by the vendors in the global potting compounds market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global potting compounds market?

Technavio also offers customization on reports based on specific client requirement.