Global Potting and Encapsulating Compounds Market is forecasted to grow at 4.5% with factors such as increasing demand for potting compounds in high power devices in various regions.
Potting and encapsulating compounds market has shown an exceptional penetration in countries such as China, Germany and U.S. due to increasing demand for lightweight potting compounds in aerospace. In developing countries, strong distribution network including multi-brand stores and online retailers is creating opportunity for the global potting and encapsulating compounds market.
Potting and Encapsulating Compounds Market Scenario
According to Data Bridge Market Research the market for potting and encapsulating compounds in Asia-Pacific region has the highest market share followed by Europe and North America. Market leader is ALTANA which accounts an estimated market share of approximately 8% to 11% in the global potting and encapsulating compounds market. The company has gained outstanding sale through their epoxy and silicon product which are potting and encapsulating compounds product.
For instance,
- In February 2021, ALTANA acquired the business of TLS Technik GmbH & Co. to expand the company’s ECKART division business with functional applications in terms of metal powders for 3D printing. The acquisition was done to position them in the technological market of the future.
Trends Impacting the Market
Now the question is which other regions ALTANA, PARKER HANNIFIN CORP and Wacker Chemie AG are targeting? Data Bridge Market Research has forecasted a large growth in Asia-Pacific potting and encapsulating compounds market and the market leaders targeting Japan and India to be their next revenue pockets for 2021.
The potting and encapsulating compounds market is becoming more competitive every year with companies such as regions ALTANA, PARKER HANNIFIN CORP and Wacker Chemie AG as they are the market leaders for potting and encapsulating compounds. The data bridge market research new reports highlight the major growth factors and opportunities in the potting and encapsulating compounds market.
For more analysis on the potting and encapsulating compounds market request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-potting-and-encapsulating-compounds-market
Potting and Encapsulating Compounds Market Development
- In March 2021, HERNON MANUFACTURING INC. announced its partnership with Shenzhen Mitsuden, one of China and Singapore's top chemical producers and distributors. The company intends to expand its presence in Asia-pacific as well as the world over with this partnership.
Scope of the Potting and Encapsulating Compounds Market
All country based analysis of potting and encapsulating compounds market is further analyzed based on further segmentation. On the basis of type, global potting and encapsulating compounds market are segmented into epoxy, polyurethane, silicone, polyester, polyamide, polyolefin and others. On the basis of substrate type, global potting and encapsulating compounds market is segmented into glass, metal, ceramic and others. On the basis of function, global potting and encapsulating compounds market is segmented into electrical insulation, heat dissipation, corrosion protection, shock resistance, chemical protection and others. On the basis of curing technique, global potting and encapsulating compounds market is segmented into room temperature cured, high temperature or thermally cured and UV cured. On the basis of distribution channel, global potting and encapsulating compounds market is segmented into offline and online. On the basis of application, global potting and encapsulating compounds market is segmented into electronics and electrical. On the basis of end-use, global potting and encapsulating compounds market is segmented into electronics, automotive, aerospace, marine, energy & power, telecommunication, healthcare, and others.
To know more about the study https://www.databridgemarketresearch.com/reports/global-potting-and-encapsulating-compounds-market
Key Pointers Covered in Potting and Encapsulating Compounds Market Industry Trends and Forecast to 2028
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Key Vendors and Disruptors Study
- Supply Chain Competiveness
Key Market Competitors Covered in the Report
- ALTANA
- PARKER HANNIFIN CORP
- Wacker Chemie AG
- Showa Denko Materials Co., Ltd. (A Subsidiary of Hitachi, Ltd.)
- Henkel AG & Co. KGaA
- 3M
- DuPont
- ITW Performance Polymers
- Nagase America LLC.
- Creative Materials Inc.
- HERNON MANUFACTURING INC.
- Momentive
- Panacol-USA ( A subsidiary of Dr. Hönle AG)
- INTERTRONICS
- Epoxies Etc.
- Avantor, Inc.
- Vitrochem Technology
- Electrolube
- CHT Germany GmbH
- DELO
- Master Bond Inc.
- Dymax
- MG Chemicals
- United Resin Corporation
- EFI POLYMERS
- Epic Resins
- GS Polymers
- Aremco
- RBC Industries, Inc
- Copps Industries
Above are the key players covered in the report, to know about more and exhaustive list of potting and encapsulating compounds companies, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-potting-and-encapsulating-compounds-market
Research Methodology: Global Potting and Encapsulating Compounds Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Electronics Industry
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
Related Reports
- Global Potting Compound Market
- Global Thin-Film Encapsulation Market
- Global Microencapsulation Market
Browse in Chemical and Materials Category Related Reports@ https://www.databridgemarketresearch.com/report-category/chemical-and-materials
