Potting and Encapsulating Compounds Market, By Type (Epoxy, Polyurethane, Silicone, Polyester System, Polyamide, Polyolefin and Others), Substrate Type (Glass, Metal, Ceramic, Others), Function (Electrical Insulation, Heat Dissipation, Corrosion Protection, Shock Resistance, Chemical Protection, Others), Curing Technique (Room Temperature Cured, High Temperature or Thermally Cured, UV Cured), Distribution Channel ( Offline, Online), Application (Electronics, Electrical) and End-User industry (Electronics, Automotive, Aerospace, Marine, Energy Power, Telecommunication, Healthcare, Others),
Potting and Encapsulating Compounds Market Analysis and Insight
Global potting and encapsulating compounds market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 4.4.5% in the forecast period of 2021 to 2028 and expected to reach USD 4,430,299.02 million by 2028.
Potting is the process of filling a complete electronic assembly with a solid or gelatinous compound such as acrylic, silicone, or resins and improves vibration and shock resistance, protecting against corrosive substances and dampness. On the other hand, encapsulation uses a reusable mold to build a frame around an item and fill the gap between the frame and the object with chemicals. Encapsulation's primary function is to build a protective shell around the electronic assembly.
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Potting and Encapsulating Compounds Market Scope and Market Size
Global potting and encapsulating compounds market is segmented of the categorized into type, substrate type, function, curing technique, distribution channel, application, and end-user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, global potting and encapsulating compounds market are segmented into epoxy, polyurethane, silicone, polyester, polyamide, polyolefin and others. In 2021, the epoxy segment is dominating the market globally as epoxy is cost effective which increases its demand worldwide.
- On the basis of substrate type, global potting and encapsulating compounds market is segmented into glass, metal, ceramic and others. In 2021, the metal substrate type is dominating globally as this type of substrate is more durable in nature.
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Growth in consumer electronics sector
Increased consumer spending throughout the world is accelerating the expansion of the electronics sector. Consumer demand for electronics rises in response to the growth of developing countries. Electronics-producing countries have large customer bases who can afford innovative electronic items, resulting to a growth of global potting and encapsulating compounds market.
While designing Potting and Encapsulating Compounds market research report, the key attributes that have been adopted include highest level of spirit, practical solutions, committed research and analysis, innovation, integrated approaches, and most up-to-date technology. A numerous markets, marketing strategies, trends, future products and rising opportunities have been considered while studying market for preparing this business report. This report has been formed with the vigilant efforts of innovative, enthusiastic, knowledgeable and experienced team of analysts, researchers, industry experts, and forecasters. Have the business at the highest level of growth with an all-inclusive Potting and Encapsulating Compounds market report.
Competitive Landscape and Potting and Encapsulating Compounds Market Share Analysis
Global Potting and Encapsulating Compounds market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breath, application dominance, technology lifeline curve.
Key players of Potting and Encapsulating Compounds Market
Wacker Chemie AG, CHT Germany GmbH, Showa Denko Materials Co., Ltd. (A Subsidiary of Hitachi, Ltd.), 3M, Electrolube, Epoxies Etc., Dymax, Master Bond Inc., DELO, INTERTRONICS, ALTANA, EFI POLYMERS, Epic Resins, MG Chemicals, Nagase America LLC., DuPont, Avantor, Inc., United Resin Corporation, Copps Industries, Aremco, Vitrochem Technology, Creative Materials Inc., Henkel AG Co. KGaA, GS Polymers, RBC Industries, Inc, PARKER HANNIFIN CORP, Panacol-USA (A subsidiary of Dr. Hönle AG), Momentive, HERNON MANUFACTURING INC., and ITW Performance Polymers among others.
Customization Available: Potting and Encapsulating Compounds Market
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Major TOC of the Potting and Encapsulating Compounds Market Report
- MARKET SEGMENTATION
- MARKET OVERVIEW
- EXECUTIVE SUMMARY
- PREMIUM INSIGHTS
- Potting and Encapsulating Compounds Market
- COMPANY PROFILE
- COMPONENT MANUFACTURER
- RELATED REPORTS
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