Market Overview:
The global potting compound market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for potting compounds in consumer electronics, transportation, energy & power, automotive, electrical and other applications. In terms of type, the epoxy resin segment is expected to lead the global potting compound market during the forecast period. This can be attributed to its properties such as high thermal stability and chemical resistance.
Product Definition:
Potting compound is a mixture of water, aggregate and air-entraining admixtures used to fill the voids between coarse aggregates in concrete or mortar. It is also used as a bonding agent in precast panels.
Epoxy Resin:
Epoxy resin is a thermosetting polymer, which contains an epoxide group. It is manufactured by the reaction of an aldehyde or ketone with an epoxidized fat or oil. The most commonly used raw materials for producing epoxy resins include polyethers and phenol modified polyester oils.
The global market for epoxy resin was estimated to be worth USD 3,100 million in 2015.
Polyurethane Resin:
Polyurethane resin is a polymer, which contains one or more polyol units and is manufactured by the catalytic reaction of an organic compound with urethane. The most common types of polyols used are ethyl (e-), butyl (b-), propyl (r-), and glycol (g-). Polyurethane resins have applications in various end use industries such as automotive, construction, furniture & bedding, footwear manufacturing among others.
Application Insights:
The consumer electronics application segment accounted for the largest revenue share of over 30% in 2017. This is attributed to growing demand for electronic devices across the globe. The transportation application segment is expected to witness significant growth over the forecast period owing to increasing automobile production globally.
The energy and power sector are also anticipated to witness rapid growth owing to rising demand from renewable energy generation applications such as solar photovoltaic (PV) panels and wind turbines. These products act as a safeguard mechanism against moisture penetration into electrical components that may cause corrosion if exposed directly onto metal parts or PCBs (Printed Circuit Boards). Other major applications include healthcare, food & beverage, packaging, building & construction and other industrial sectors including oil & gas where it finds utility in hydraulic systems and pipelines respectively among others globally.
Regional Analysis:
North America potting compound market is expected to witness significant growth over the forecast period owing to increasing demand for consumer electronics, automobiles, and electrical equipment. The region accounted for a share of more than 30% in terms of revenue in 2017. Increasing construction spending due to rising population coupled with government initiatives such as the National Housing Act passed by Congress in 2005 that provides tax benefits on mortgage loans is anticipated to drive the regional market growth over the forecast period.
Asia Pacific emerged as one of the largest regional markets for gardening compounds owing to rapid industrialization and urbanization across emerging economies including China, India, Indonesia, Malaysia Philippines Singapore Thailand Vietnam and Taiwan among others are expected drive product demand during the projected period.
Growth Factors:
- Increasing demand for potting compounds in the automotive and electronics industries due to their properties such as thermal conductivity, electrical insulation, and resistance to corrosion.
- Growing demand from the construction sector for use in waterproofing and sealing applications.
- Rising popularity of green building practices that promote the use of environmentally friendly products such as potting compounds made from plant-based materials.
- Rapid growth of the semiconductor industry, which is a key end-user of potting compounds for packaging and protecting electronic components during manufacturing processes.
Scope Of The Report
Report Attributes
Report Details
Report Title
Potting Compound Market Research Report
By Type
Epoxy Resin, Polyurethane Resin, Silicone Resin
By Application
Consumer Electronics, Transportation, Energy & Power, Automotive, Electrical, Other
By Companies
DowDuPont, Henkel AG & Co. KGAA, ACC Silicones Ltd., Elantas Beck Southeast Asia Ltd., Master Bond Inc., H.B.Fuller, Dymax Corporation, Electrolube, Wevo-Chemie, Mitsubishi Chemical, MG Chemicals, Threebond, EFI Polymers, Huitian New Materials, Kangda New Materials
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Potting Compound Market Report Segments:
The global Potting Compound market is segmented on the basis of:
Types
Epoxy Resin, Polyurethane Resin, Silicone Resin
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Consumer Electronics, Transportation, Energy & Power, Automotive, Electrical, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DowDuPont
- Henkel AG & Co. KGAA
- ACC Silicones Ltd.
- Elantas Beck Southeast Asia Ltd.
- Master Bond Inc.
- H.B.Fuller
- Dymax Corporation
- Electrolube
- Wevo-Chemie
- Mitsubishi Chemical
- MG Chemicals
- Threebond
- EFI Polymers
- Huitian New Materials
- Kangda New Materials
Highlights of The Potting Compound Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Epoxy Resin
- Polyurethane Resin
- Silicone Resin
- By Application:
- Consumer Electronics
- Transportation
- Energy & Power
- Automotive
- Electrical
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Potting Compound Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Potting compound is a soil amendment that helps plants grow and thrive. It's made up of organic matter, such as compost or manure, and mineral ingredients like sand or clay. The mixture is mixed with water to form a slurry, then applied to the soil surface.
Some of the major companies in the potting compound market are DowDuPont, Henkel AG & Co. KGAA, ACC Silicones Ltd., Elantas Beck Southeast Asia Ltd., Master Bond Inc., H.B.Fuller, Dymax Corporation, Electrolube, Wevo-Chemie, Mitsubishi Chemical, MG Chemicals, Threebond, EFI Polymers, Huitian New Materials, Kangda New Materials.
The potting compound market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Potting Compound Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Potting Compound Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Potting Compound Market - Supply Chain
4.5. Global Potting Compound Market Forecast
4.5.1. Potting Compound Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Potting Compound Market Size (000 Units) and Y-o-Y Growth
4.5.3. Potting Compound Market Absolute $ Opportunity
5. Global Potting Compound Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Potting Compound Market Size and Volume Forecast by Type
5.3.1. Epoxy Resin
5.3.2. Polyurethane Resin
5.3.3. Silicone Resin
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Potting Compound Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Potting Compound Market Size and Volume Forecast by Application
6.3.1. Consumer Electronics
6.3.2. Transportation
6.3.3. Energy & Power
6.3.4. Automotive
6.3.5. Electrical
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Potting Compound Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Potting Compound Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Potting Compound Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Potting Compound Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Potting Compound Demand Share Forecast, 2019-2026
9. North America Potting Compound Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Potting Compound Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Potting Compound Market Size and Volume Forecast by Application
9.4.1. Consumer Electronics
9.4.2. Transportation
9.4.3. Energy & Power
9.4.4. Automotive
9.4.5. Electrical
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Potting Compound Market Size and Volume Forecast by Type
9.7.1. Epoxy Resin
9.7.2. Polyurethane Resin
9.7.3. Silicone Resin
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Potting Compound Demand Share Forecast, 2019-2026
10. Latin America Potting Compound Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Potting Compound Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Potting Compound Market Size and Volume Forecast by Application
10.4.1. Consumer Electronics
10.4.2. Transportation
10.4.3. Energy & Power
10.4.4. Automotive
10.4.5. Electrical
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Potting Compound Market Size and Volume Forecast by Type
10.7.1. Epoxy Resin
10.7.2. Polyurethane Resin
10.7.3. Silicone Resin
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Potting Compound Demand Share Forecast, 2019-2026
11. Europe Potting Compound Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Potting Compound Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Potting Compound Market Size and Volume Forecast by Application
11.4.1. Consumer Electronics
11.4.2. Transportation
11.4.3. Energy & Power
11.4.4. Automotive
11.4.5. Electrical
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Potting Compound Market Size and Volume Forecast by Type
11.7.1. Epoxy Resin
11.7.2. Polyurethane Resin
11.7.3. Silicone Resin
11.8. Basis Point Share (BPS) Analysis by Type
11.9. -o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Potting Compound Demand Share, 2019-2026
12. Asia Pacific Potting Compound Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Potting Compound Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Potting Compound Market Size and Volume Forecast by Application
12.4.1. Consumer Electronics
12.4.2. Transportation
12.4.3. Energy & Power
12.4.4. Automotive
12.4.5. Electrical
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Potting Compound Market Size and Volume Forecast by Type
12.7.1. Epoxy Resin
12.7.2. Polyurethane Resin
12.7.3. Silicone Resin
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Potting Compound Demand Share, 2019-2026
13. Middle East & Africa Potting Compound Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Potting Compound Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Potting Compound Market Size and Volume Forecast by Application
13.4.1. Consumer Electronics
13.4.2. Transportation
13.4.3. Energy & Power
13.4.4. Automotive
13.4.5. Electrical
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Potting Compound Market Size and Volume Forecast by Type
13.7.1. Epoxy Resin
13.7.2. Polyurethane Resin
13.7.3. Silicone Resin
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Potting Compound Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Potting Compound Market: Market Share Analysis
14.2. Potting Compound Distributors and Customers
14.3. Potting Compound Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. DowDuPont
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Henkel AG & Co. KGAA
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ACC Silicones Ltd.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Elantas Beck Southeast Asia Ltd.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Master Bond Inc.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. H.B.Fuller
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Dymax Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Electrolube
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Wevo-Chemie
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Mitsubishi Chemical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. MG Chemicals
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Threebond
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. EFI Polymers
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Huitian New Materials
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Kangda New Materials
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
