Potting Compounds Market Challenges, Opportunities, Trends and Market Analysis by 2022 Potting Compounds Market report, published by forecasts that the global market is expected to garner $3,460 million by 2022, registering a CAGR of 3.8% during the period 2018-2022. Potting compounds have witnessed a surge in demand due to increase in requirement of miniaturization of devices. Growth in consumer electronics sector is also expected to drive potting compounds market in the near future. Thermally conductive potting compounds offer an effective pathway for heat to travel consistently away from a heat-generating source to a metal enclosure. Some of the additional benefits of these products are excellent electrical insulation, lower shrinkage, thermal shock resistance, and thermal expansion. The global potting compounds market offers vivid opportunities to market players, owing to disposable incomes and rapid growth in the global economy.
The global potting compounds market is segmented based on resin type, curing technique, application, end-use industries, and geography. Based on resin type, the market is classified into epoxy, silicone, polyurethane, polyester, polyolefin, polyamide, and others. Based on curing technique, the global potting compounds market is divided into UV curing, thermal curing and room temperature curing. The market is bifurcated into electrical and electronics, based on applications. Electrical application segment is further divided into surface mount packages, beam bonded components, memory devices & microprocessors, and others (high power devices). The electronics application is further segmented into capacitors, transformers, cable joints, industrial magnets, solenoids, and others (rectifier, motors). Based on enduse industry, the market is segregated into electronics, automotive, aerospace, industrial and others. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Top Investment Pockets
Asia-Pacific Potting Compounds Market Analysis Asia’s consumption of potting compounds is expected to increase, assisted by the growth in region’s population, development in automotive and electrical industry, and stable economic growth. Emerging markets such as China and India are expected to show the highest increase in demand for silicone and epoxy potting compounds along with UV curing potting compounds. Substantial development in the electronics and electrical sector and growth in demand for miniaturization of electronic devices in numerous end-use industries such as consumer electronics and transportation is anticipated to boost the potting compound market in this region
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This report provides an extensive analysis of the potting compounds market trends, emerging estimations & dynamics. In-depth analysis is conducted of potting compounds market size for key segments between 2014 and 2022. Potting compounds market forecast with respect to each segment is exhaustively defined in this study Competitive intelligence (of leading manufacturers and distributors of potting compounds) assists in understanding the competitive scenario across the geographies. Global potting compounds market analysis for the factors that drive and restrain the growth of the market are provided. Extensive analysis of the potting compounds industry is conducted by following key product positioning and monitoring the top competitors within the market framework. Potting compounds market share for all segments with respect to each geography is detailed in the report, which helps in understanding the trends in the industry at granular level. Key market players are profiled and their strategies are analyzed thoroughly, which provide a competitive outlook of the potting compounds industry trends.
Get Sample Copy of this Research Report Here : https://www.alliedmarketresearch.com/request-sample/1624 Potting Compounds Market Key Segments: By Resin Type •
Epoxy
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Polyurethane
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Silicone
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Polyester
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Polyamide
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Polyolefin
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Acrylics
By Curing Techniques •
UV Curing
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Thermal Curing
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Room Temperature Curing
By Application •
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Electronics o
Capacitors
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Transformers
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Cable Joints
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Industrial Magnets
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Solenoids
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Others
Electrical o
Surface Mount Packages
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Beam Bonded Components
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Memory Devices & Microprocessors
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Others
By End-user •
Electronics
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Aerospace
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Automotive
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Industrial
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Others
By Geography •
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North America o
U.S.
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Canada
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Mexico
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Others
Europe o
UK
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Germany
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France
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Spain
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Italy
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Others
Asia-Pacific o
China
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Japan
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India
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Korea
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Australia
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Others
LAMEA o
Brazil
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KSA
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South Africa
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Others
In 2018, Asia-Pacific and North America collectively accounted for twothirds of the total potting compounds market and are expected to continue this trend due to increase in development in the electronics sector, specifically in China, India, and other developing economies. Rise in transportation sector is the main reason for the growth of potting compounds market in the Asia-Pacific region. The major companies profiled in the report include Henkel AG & Co. KGaA, The 3M Company, MG Chemicals, ELANTAS GmbH, ALPAS srl, Dymax Corporation, Master Bond, Inc., Lord Corporation, Aremco Products, Inc., RBC Industries, Inc., and Shanghai Sepna Chemical Technology Co. Ltd. Inquire Here To Buy The Research Report at: https://www.alliedmarketresearch.com/purchase-enquiry/1624
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