“Data Bridge Market Research” has recently added a concise research on the Potting Compound Market to depict valuable insights related to significant market trends driving the industry. The report features analysis based on key opportunities and challenges confronted by market leaders while highlighting their competitive setting and corporate strategies for the estimated timeline. Some are the key & emerging players that are part of coverage and have being profiled are ELANTAS Beck GmbH, Henkel AG & Co. KGaA, Master Bond Inc., Dymax Corporation, Electrolube, CHT UK Manchester Ltd, EFI Polymers, CHT Germany GmbH, Epic Resins – Compounds and Resins for Industry, INTERTRONICS, MG Chemicals, Dow, H.B. Fuller Company, THREEBOND INTERNATIONAL, INC, Hubei Huitian new materials stock Co.
Global potting compound market is expected to rise to an estimated value of USD 3.89 billion by 2026 registering a steady CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the significant rise in the utilization of consumer electronics as well as better protecting agents for the electronic goods.
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Segmentation: Global Potting Compound Market
Global Potting Compound Market By Resin Type (Epoxy, Polyurethane, Silicone, Polyester, Polyamide, Polyolefin, Acrylics)
Function (Corrosion Resistance, Insulation)
Curing Techniques (UV Curing, Thermal Curing, Room Temperature Curing)
Application (Electrical, Electronics)
End-Users (Electronics, Transportation, Energy & Power, Industrial, Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
Global potting compound market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of potting compound market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa
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- High growth of the urbanization globally resulting in increased usage of electronics and consumer goods, this factor is expected to drive the growth of the market
- Growing adoption of miniature electronic devices requiring better protection and resistance characteristics, this factor is expected to positively affect the growth of the market
- Rise in the overall expenditure incurred for adopting electronics from the various end-users, is expected to positively affect the growth of the market
- Lack of compatibility of these compounds with every product and application-specific characteristics, are expected to act as a restraint to the growth of the market
- Requirement of certain conditions such as high thermal curing and utilization of more than one system while applying these compounds, are factors restricting the growth of the market
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
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