Potting Compounds Market Research Analysis, Characterization and Quantification Forecast by 2030

The Global Potting Compounds Market size is estimated to be USD 3.10 billion in 2019 and is predicted to reach USD 4.48 billion by 2030 with a CAGR of 3.4% from 2020-2030.

Potting Compounds are the materials used as encapsulants in the electronic industry during the assembly of products, equipments and other to protect the product from damage. There are various materials used as potting compounds such as resin, silicone and others which also resist the environmental conditions such as moisture and other which also increases the product life in a long run.

Access Full Description of this report at:-

https://www.nextmsc.com/report/potting-compounds-market

Competitive Landscape

The potting compounds market, which is highly competitive, consists of various market players. Some of the major market players include The 3M Company, Henkel AG & Co. KGaA, MG Chemicals, ALPAS Srl, ELANTAS GmbH, Dymax Corporation, DowDuPont Inc, Aremco Products, Inc., WEVO-CHEMIE GmbH, HItach Chemical LLC, Wacker-Chemie and Huntsman Advanced Materials among others.

In the recent past there have been various developments taken place in the market and also expected to takes place in near future. For instance, in August 2019, Dymax has announced the release of the BlueWave AX-550 LED flood curing system, a high-intensity unit used for curing light-curable materials to increase productivity and efficiency. It is designed to be integrated into a larger system, such as an automated manufacturing system, or as a stand-alone bench-top curing station.

Market Dynamics and Trends

There have been various developments taken place in terms of technological advancement and presence of developed infrastructure. Furthermore, increase in electronic industry with increased demand of consumer electronics are further expected to promote the growth of potting compounds market.

The other factors include wide applications with excellent properties such as high stability, thermal conductivity and others coupled with increase in disposable income are also expected to promote the market growth. However, stringent government regulations on reduction of voc emission are expected to hamper the growth of potting compounds market. Moreover, the development of new compounds or materials and changing trends of the electronic industry are expected to create ample opportunities in the potting equipments market over the forecast period.

Request sample copy of this report at:-

https://www.nextmsc.com/potting-compounds-market/request-sample

Market Segmentations and Scope of the Study:

The global potting compounds market share is analyzed on the basis of resin type, curing techniques, application, end user and geography. On the basis of resin type, the market is segmented into Epoxy, Polyurethane, Silicone, Polyester, Polyamide, Polyolefin, and Acrylics. Based on curing techniques, the market is fragmented into UV Curing, Thermal Curing, and Room Temperature Curing. Based on application, the market is divided into electrical and electronics On the basis of end user, the market is divided into Electronics, Aerospace, Automotive, Industrial, and Others. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

North America is expected to account for the major market share owing to the increased adoption of potting compounds over the forecast period. Furthermore, increase in technological advancement and presence of developed infrastructure coupled with increase in electronic industry is expected to accelerate the growth of potting compounds market.

Asia Pacific is expected to show tremendous growth with increasing market share owing to the increased demand of consumer electronics. Moreover, wide applications and characteristics which also enhance the product life and its quality in a long run which is expected to augment the growth of potting compounds market in the near future.

Contact:
Phone Number: +1-217-650-7991
E-mail: info@nextmsc.com

About Next Move Strategy Consulting:

Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to deliver high quality, market research reports that help multinational companies to triumph over their competitions and increase industry footprint by capturing greater market share. Our research model is a unique collaboration of primary research, secondary research, data mining and data analytics.

We have been servicing over 1000 customers globally that includes 90% of the Fortune 500 companies over a decade. Our analysts are constantly tracking various high growth markets and identifying hidden opportunities in each sector or the industry. We provide one of the industry’s best quality syndicate as well as custom research reports across 10 different industry verticals. We are committed to deliver high quality research solutions in accordance to your business needs. Our industry standard delivery solution that ranges from the pre consultation to after-sales services, provide an excellent client experience and ensure right strategic decision making for businesses.

For more insights, please visit, https://www.nextmsc.com

This release was published on openPR.