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North America Potting Compound Market Size, Share & Trends Analysis Report By Application, By Curing Technology (UV Curing, Thermal Curing, and Room Temperature Curing), By End User, By Resin Type, By Country and Growth Forecast, 2023 - 2030

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    Report

  • 145 Pages
  • March 2024
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5953461
The North America Potting Compound Market would witness market growth of 3.7% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 209.86 kilo tonnes, showcasing a growth of 3.0% (2019-2022).

Electrical potting compounds are extensively used across industries for encapsulating and protecting electronic components from environmental factors, mechanical stress, and moisture. These compounds create a protective barrier around sensitive components, ensuring long-term reliability and performance. Thus, the US market consumed 169.39 kilo tonnes of potting compounds in the market 2022.



The US market dominated the North America Potting Compound Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $867.8 million by 2030. The Canada market is experiencing a CAGR of 4% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 4.7% during (2023 - 2030).

Potting is filling or introducing solid compounds in a complete electronic assembly for shock and vibration resistance and protection from moisture and corrosive agnates. With the proliferation of electronic devices in sectors such as automotive, aerospace, consumer electronics, and industrial automation.

Additionally, there's an increased need to protect sensitive electronic components from environmental factors like moisture, dust, vibration, and thermal stress.

The Canadian aircraft sector is experiencing an increasing demand for lightweight materials to minimize emissions and increase fuel efficiency. Advancements in aerospace electronics, such as avionics systems, flight controls, communication systems, and navigation equipment, drive the demand for advanced encapsulation solutions in Canada.

Based on Application, the market is segmented into Electrical, and Electronics. Based on Curing Technology, the market is segmented into UV Curing, Thermal Curing, and Room Temperature Curing. Based on End User, the market is segmented into Electronics, Aerospace, Automotive, Industrial, and Others. Based on Resin Type, the market is segmented into Silicone, Epoxy, Polyurethane, Polyester, Polyamide, Polyolefin, and Acrylics. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

  • The Dow Chemical Company
  • Dymax Corporation
  • Henkel AG & Company, KGaA
  • Huntsman Corporation
  • MG Chemicals
  • Wacker Chemie AG
  • 3M Company
  • WEVO-CHEMIE GmbH
  • Shanghai SEPNA Chemical Technology Co., Ltd.
  • Master Bond Inc.

Market Report Segmentation

By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • Electrical
  • Electronics
By Curing Technology
  • UV Curing
  • Thermal Curing
  • Room Temperature Curing
By End User (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • Electronics
  • Aerospace
  • Automotive
  • Industrial
  • Others
By Resin Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • Silicone
  • Epoxy
  • Polyurethane
  • Polyester
  • Polyamide
  • Polyolefin
  • Acrylics
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Potting Compound Market, by Application
1.4.2 North America Potting Compound Market, by Curing Technology
1.4.3 North America Potting Compound Market, by End User
1.4.4 North America Potting Compound Market, by Resin Type
1.4.5 North America Potting Compound Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Strategies Deployed in Potting Compound Market.
Chapter 5. North America Potting Compound Market by Application
5.1 North America Electrical Market by Region
5.2 North America Electronics Market by Region
Chapter 6. North America Potting Compound Market by Curing Technology
6.1 North America UV Curing Market by Country
6.2 North America Thermal Curing Market by Country
6.3 North America Room Temperature Curing Market by Country
Chapter 7. North America Potting Compound Market by End User
7.1 North America Electronics Market by Country
7.2 North America Aerospace Market by Country
7.3 North America Automotive Market by Country
7.4 North America Industrial Market by Country
7.5 North America Others Market by Country
Chapter 8. North America Potting Compound Market by Resin Type
8.1 North America Silicone Market by Country
8.2 North America Epoxy Market by Country
8.3 North America Polyurethane Market by Country
8.4 North America Polyester Market by Country
8.5 North America Polyamide Market by Country
8.6 North America Polyolefin Market by Country
8.7 North America Acrylics Market by Country
Chapter 9. North America Potting Compound Market by Country
9.1 US Potting Compound Market
9.1.1 US Potting Compound Market by Application
9.1.2 US Potting Compound Market by Curing Technology
9.1.3 US Potting Compound Market by End User
9.1.4 US Potting Compound Market by Resin Type
9.2 Canada Potting Compound Market
9.2.1 Canada Potting Compound Market by Application
9.2.2 Canada Potting Compound Market by Curing Technology
9.2.3 Canada Potting Compound Market by End User
9.2.4 Canada Potting Compound Market by Resin Type
9.3 Mexico Potting Compound Market
9.3.1 Mexico Potting Compound Market by Application
9.3.2 Mexico Potting Compound Market by Curing Technology
9.3.3 Mexico Potting Compound Market by End User
9.3.4 Mexico Potting Compound Market by Resin Type
9.4 Rest of North America Potting Compound Market
9.4.1 Rest of North America Potting Compound Market by Application
9.4.2 Rest of North America Potting Compound Market by Curing Technology
9.4.3 Rest of North America Potting Compound Market by End User
9.4.4 Rest of North America Potting Compound Market by Resin Type
Chapter 10. Company Profiles
10.1 The Dow Chemical Company
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.5.2 Product Launches and Product Expansions:
10.1.5.3 Acquisition and Mergers:
10.1.6 SWOT Analysis
10.2 Dymax Corporation
10.2.1 Company Overview
10.2.1.1 Partnerships, Collaborations, and Agreements:
10.2.2 SWOT Analysis
10.3 Henkel AG & Company, KGaA
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expense
10.3.5 SWOT Analysis
10.4 Huntsman Corporation
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expenses
10.4.5 SWOT Analysis
10.5 M.G. Chemicals
10.5.1 Company Overview
10.5.2 SWOT Analysis
10.6 Wacker Chemie AG
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expenses
10.6.5 SWOT Analysis
10.7 3M Company
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expense
10.7.5 SWOT Analysis
10.8 WEVO-CHEMIE GmbH
10.8.1 Company Overview
10.8.2 Recent strategies and developments:
10.8.2.1 Product Launches and Product Expansions:
10.8.3 SWOT Analysis
10.9 Shanghai SEPNA Chemical Technology Co., Ltd
10.9.1 Company Overview
10.9.2 SWOT Analysis
10.10. Master Bond Inc.
10.10.1 Company Overview
10.10.2 SWOT Analysis

Companies Mentioned

  • The Dow Chemical Company
  • Dymax Corporation
  • Henkel AG & Company, KGaA
  • Huntsman Corporation
  • MG Chemicals
  • Wacker Chemie AG
  • 3M Company
  • WEVO-CHEMIE GmbH
  • Shanghai SEPNA Chemical Technology Co., Ltd.
  • Master Bond Inc.

Methodology

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