Press release
Silicone Potting Compounds Market worth $1,247.2 million by 2027, Industry driven by consumer electronics sector
Allied Market Research Says, the global silicone potting compounds market generated $931.2 million in 2019, and is expected to reach $1.24 billion by 2027, witnessing a CAGR of 4.0% from 2020 to 2027. The report offers an in-depth analysis of changing market dynamics, top investment pockets, value chain, major segments, and business performance of key market players.Download PDF Brochure: https://www.alliedmarketresearch.com/request-sample/2082
Based on region, Asia-Pacific contributed the highest share of the global silicone potting compounds market, holding more than two-fifths of the total share in 2019, and will maintain its lead position during the forecast period. Moreover, this region is expected to register the fastest CAGR of 5.2% from 2020 to 2027. The report also analyzes regions including North America, Europe, and LAMEA.
Silicone Potting Compounds Market growth is driven by increase in demand from industrial and aerospace sectors and growth of the consumer electronics industry. However, limited applications and availability of low-cost substitutes hinder the market growth. On the other hand, increase in application in electric vehicles creates new opportunities in the coming years.
Based on curing technology, the UV segment accounted for the highest market share in 2019, contributing for more than two-fifths of the total share, and is expected to maintain its lead position throughout the forecast period. Moreover, this segment is expected to witness the highest CAGR of 5.2% from 2020 to 2027. The research also analyzes segments including thermal and room temperature.
Based on application, the surface mount packages segment held the largest share, holding nearly one-third of the total market share in 2019, and is estimated to maintain the dominance by 2027. However, the solenoids segment is expected to witness the highest CAGR of 5.1% during the forecast period.
Interested in Procuring this Report? Visit Here: https://www.alliedmarketresearch.com/silicone-potting-compounds-market/purchase-options
Covid-19 scenario
Lockdown imposed by governments led to closure of manufacturing facilities. Though lockdown restrictions have been lifted off in many countries, it will take time to restore the supply chain and acquire raw materials to run facilities with full capacity.
China is the largest exporter of silicon and silica, which are raw materials for these compounds. Export restrictions have created shortage of raw materials across the world.
Despite the restart of facilities, manufacturers need to start operating with a limited number of workers to maintain social distancing regulations.
Get Enquiry Before Purchasing Report: https://www.alliedmarketresearch.com/purchase-enquiry/2082
The key market players of the global silicone potting compounds market analyzed in the report include Henkel AG & Co. KGaA, Novagard Solutions, Dow Silicon Corporation, ELANTAS GmbH, LORD Corporation, MG Chemicals, Master Bond Inc., and Dymax Corporation.
Similar Report:
Silicone Elastomer Market
https://www.alliedmarketresearch.com/silicone-elastomer-market
Global Silicone Market
https://www.alliedmarketresearch.com/silicones-market
Contact:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Silicone Potting Compounds Market worth $1,247.2 million by 2027, Industry driven by consumer electronics sector here
News-ID: 3412299 • Views: …
More Releases from Allied Market Reasearch
Carbon Nanomaterial Market 2025: How these factors will help to escalate market …
Allied Market Research published a report, titled, "Global Carbon Nano Materials Market by Product Type (Graphene, Carbon Nanofibers, Fullerenes, Others): Global Opportunity Analysis and Industry Forecast, 2022-2031." According to the report, the global carbon nano materials market accrued a sum of $2.9 billion in 2021, and is projected to reach $31.6 billion by 2031, witnessing a CAGR of 27.7% from 2022 to 2031. The report offers a detailed analysis of…
Magnetic Beads Market Sales Revenue to Touch $2.6 Billion By 2027 | Major Compan …
Allied Market Research recently published a report, titled, "Magnetic Beads Market by Magnetic Core (Ferrimagnetic and Superparamagnetic), Size (Less than 5 um, 5-20 um, 20-40 um, and 40 um & Above) and Application (Next-Generation Sequencing (NGS), Biomolecule Separation & Purification, Molecular & Immunodiagnostics, and Other): Global Opportunity Analysis and Industry Forecast, 2020-2027″. As per the report, the global magnetic beads industry was pegged at $1.1 billion in 2019, and is…
Carbon Steel Market Statistics, Size Will Hit $1.3 Billion By 2032 | Growth With …
Allied Market Research has released a comprehensive report titled "Carbon Steel Market," providing insights into the market's dynamics and growth opportunities. The global carbon steel market, valued at $0.9 trillion in 2022, is projected to reach $1.3 trillion by 2032, with a CAGR of 3.6% from 2023 to 2032. The report covers key determinants of growth, market segmentation, and regional outlook.
Access Full Summary @ https://www.alliedmarketresearch.com/carbon-steel-market-A08203
Key Report Details:
Type: Low carbon steel,…
Medical Composite Market Sales Revenue to Hit $2.3 Billion By 2030 | Growth With …
Increase in use of medical composites in diagnostic imaging application and surge in demand from composite body implants drive the growth of the global medical composites market. Based on application, the diagnostic imaging segment accounted for the major share in 2020. By region, on the other hand, the market across Asia-Pacific would manifest the fastest CAGR by 2030.
Access Full Summary @ https://www.alliedmarketresearch.com/medical-composite-market-A14376
The global medical composites market was estimated at $0.9…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
[CAGR of 5.5%] Silica Flour Market Size, CAGR, Competitive Analysis and Forecast …
The global silica flour industry generated $520.0 million in 2021, and is estimated to reach $876.3 million by 2031, witnessing a CAGR of 5.5% from 2022 to 2031.
Allied Market Research published a report, titled, "Silica Flour Market by Type (Quartz, Cristobalite), by Application (Fiberglass, Glass and Clay, Oil Well Cement, Ceramic and Refractory, Foundry, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." The report offers a detailed analysis…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Call Center AI Market Latest, CAGR, Volume and Value 2022-2030 | (CAGR) of 25%
New York , United States- Report Ocean published the latest research report on the Call Center AI market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Call Center AI market study demonstrates a detailed examination of the business state, which represents creative ways for company growth,…
