PUBLISHER: Grand View Research | PRODUCT CODE: 1530382
PUBLISHER: Grand View Research | PRODUCT CODE: 1530382
Potting Compounds Market Size & Trends
"2030 Potting Compounds Market value to reach USD 41,551.34 million"
The global potting compounds market size was estimated at USD 33,275.20 million in 2023 and is projected to grow at a CAGR of 3.2% in terms of revenue from 2024 to 2030. This growth is attributed to the increasing demand from the consumer electronics industry and the growing trend of miniaturizing electronic devices.
Potting compounds are liquid resins applied to circuit boards to protect electronic components from moisture, heat, vibration, impact, and other environmental factors. These compounds, which include epoxy, polyurethane, and silicone, adhere well to electronic products. They help to prevent short circuits, provide increased chemical protection in complex assemblies, and offer mechanical shock and vibration resistance in harsh environmental conditions. Additionally, they provide high-temperature resistance and prevent cracking or yellowing of electronic devices due to ultraviolet (UV) radiation. Potting compounds are widely used worldwide in the automotive, electronics, aerospace, and power industries.
Global Potting Compounds Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global potting compounds market report based on resin, technology, end-use, and region.
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
China
Japan
India
South Korea
Brazil
Argentina
Saudi Arabia
South Africa