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Global Potting and Encapsulating Compounds Market Size, Trends and Growth Opportunity, By Type (Epoxy, Polyurethane, Silicone, Polyester System, Polyamide, Polyolefin, and Others), By Substrate Type (Glass, Metal, Ceramic, Others), By Function (Electrical Insulation, Heat Dissipation, Corrosion Protection, Shock Resistance, Chemical Protection, Others), By Curing Technique (Room Temperature Cured, High Temperature or Thermally Cured, UV Cured), By Distribution Channel (Offline, Online), By Application (Electronics, Electrical) and By End-User industry (Transportation, Consumer, Electronics, Energy and Power, Telecommunication, Healthcare, Others), By Region and Forecast Till 2027.


Report ID : IR1001787 | Industries : Chemicals & Materials | Published On :June 2024 | Page Count : 155

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  • Global Potting and Encapsulating Compounds Market Size, Trends and Growth Opportunity, By Type (Epoxy, Polyurethane, Silicone, Polyester System, Polyamide, Polyolefin, and Others), By Substrate Type (Glass, Metal, Ceramic, Others), By Function (Electrical Insulation, Heat Dissipation, Corrosion Protection, Shock Resistance, Chemical Protection, Others), By Curing Technique (Room Temperature Cured, High Temperature or Thermally Cured, UV Cured), By Distribution Channel (Offline, Online), By Application (Electronics, Electrical) and By End-User industry (Transportation, Consumer, Electronics, Energy and Power, Telecommunication, Healthcare, Others), By Region and Forecast Till 2027.
    Global Potting and Encapsulating Compounds Market
    Global Potting and Encapsulating Compounds Market was valued at USD 3005.99 million in 2021 and is slated to reach at USD 4489.7 million by 2027 4.52% from 2022-2027.
    Potting and encapsulation are two techniques used to protect electronic assemblies from damage. Potting involves covering the entire assembly with a solid or gel-like material such as silicone, acrylic or resin to provide shock resistance, vibration damping, moisture and corrosion protection. Encapsulation is a process that utilizes a mold to produce a structure that encloses an object. The space between the object and the structure is then filled with chemicals, creating a barrier that shields the electronic assembly. This method is reusable and can be used to create protective shells around various objects.
    Market Drivers
    The growing demand for potting and encapsulating chemicals in the electronics industry is expected to fuel market growth. Potting is a process of filling the entire electronic assembly with solid or viscous materials, which helps in accommodating high voltage groupings without gaseous phenomena. Encapsulation, on the other hand, is a method of constructing a protective shell around the electronic assembly by filling the gap between the object and the frame with chemicals. As customers are becoming more concerned about product durability and are seeking advanced, long-lasting and durable items, the demand for potting and encapsulating electrical components is increasing. This is especially true for consumer electronics, which are more susceptible to external damage due to incorrect component handling.
    Market Restraints
    Silicone potting and encapsulating chemicals are known to deposit a thin layer of silicone rubber on nearby components due to their continued outgassing after preservation. This layer can interfere with electrical contacts, damage solderability, and affect paintwork. Additionally, these chemicals have a lower bonding ability, which limits their market expansion. The use of potting and encapsulating compounds presents two significant challenges that may impede market growth. The first challenge is the potential for heat generated during the curing process to damage delicate components. The second challenge is the possibility of shrinkage of the potting compound during curing, which can cause damage to hemophiliac components. These factors suggest that the demand for potting and encapsulating compounds may slow down.
    Impact of COVID-19
    The COVID-19 pandemic has negatively impacted the growth of the potting compound market due to the global crisis and uncertainties it has brought about. Many industries, including the automotive sector, have experienced a decline in demand and sales, which is a significant consumer of silicone potting solutions for interior, exterior, and engine components. The aerospace and industrial sectors, which also use these compounds, have also been affected by the pandemic. The supply chain and business operations have been disrupted due to delayed purchases, import-export restrictions, and travel bans. In response, silicone potting compound manufacturers have had to restructure their operations, such as reducing headcount and implementing new measures like social distancing and remote work policies. These elements have affected the silicone potting compound market during the pandemic and generated commercial difficulties.
    Recent Development
    Master Bond Inc. unveiled MasterSil 153AO in 2021, a new product that is a two-part silicone that has been added curing and a self-priming feature. This product's structure is both thermally and electrically conductive. To diversify their product line, they launched this product.
    In 2020, Electrolube announced the accomplishment of its ER2221 resin, which protects the electric vehicle batteries in India's most popular two-wheeler vehicles. This product introduction was used to assist their Indian customers with heat management challenges.
    Market Segmentation
    The global potting and encapsulating compounds market is segmented into type, substrate type, function, curing technique, distribution channel, application, end-use industry. By type such as epoxy,  polyurethane, silicon, polyester system, polyamide, polyolefin, others. By substrate type such as glass, metal, ceramic, others. By function such as electrical insulation, heat dissipation, corrosion protection, shock resistance, chemical protection, others. By curing technique such as room temperature cured, high temperature or thermally cured, UV cured. By distribution channel such as offline, online. By application such as electronics, surface mount [package], beam bonded components, memory devices and microprocessors, high power devices, electrical, capacitors, transformers, cable points, industrial magnets, solenoids, others. By end-user industry such as transportation, automotive, aerospace, marine, consumer electronics, energy and power, solar power, others, telecommunication, healthcare, others.
    Regional Analysis
    The potting and encapsulating compounds market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. The market for potting and encapsulating compounds is anticipated to be dominated by Asia-Pacific because of the region's expanding need for consumer electronics devices. The market's expansion in this area will also be aided by the simple fabrication and installation of potting and encapsulating compounds made from superior grade raw ingredients. North America is anticipated to experience the quickest growth throughout the forecast period due to the region's growing need for the potting and encapsulating materials used in high-power devices. The market expansion in this area will also be aided by the transportation industry's rising demand for environmentally acceptable potting and encapsulating materials.
    Key Players
    This report includes a list of numerous key players, namely Momentive (U.S.), Henkel AG and Co. KgaA(Germany), Solvay (Belgium), Avantor, Inc. (U.S.), ELANTAS (Germany), Electrolube (U.K.), Epoxies, Etc. (U.S.), Dymax (U.S.), Master Bond Inc. (U.S.), Owens Corning (U.S.).
    Market Taxonomy
    By Type
    • Epoxy
    • Polyurethane
    • Silicon
    • Polyester System
    • Polyamide
    • Polyolefin
    • Others
    By Substrate Type
    • Glass
    • Metal
    • Ceramic
    • Others
    By Function
    • Electrical Insulation
    • Heat Dissipation
    • Corrosion Protection
    • Shock Resistance
    • Chemical Protection
    • Others
    By Curing Technique
    • Room Temperature Cured
    • High Temperature or Thermally Cured
    • UV Cured
    By Distribution Channel
    • Offline
    • Online
    By Application
    • Electronics
    • Surface Mount [Package
    • Beam Bonded Components
    • Memory Devices and Microprocessors
    • High Power Devices
    • Electrical
    • Capacitors
    • Transformers
    • Cable Points
    • Industrial Magnets
    • Solenoids
    • Others
    By End-User industry
    • Transportation
    • Automotive
    • Aerospace
    • Marine
    • Consumer Electronics
    • Energy and Power
    • Solar Power
    • Others
    • Telecommunication
    • Healthcare
    • Others
    By Region
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East & Africa.
     

    Global Potting and Encapsulating Compounds Market
    1 Introduction 
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Potting and Encapsulating Compounds Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Potting and Encapsulating Compounds Market, By Type
    5.1 Y-o-Y Growth Comparison, By Type
    5.2 Global Potting and Encapsulating Compounds Market Share Analysis, By Type
    5.3 Global Potting and Encapsulating Compounds Market Size and Forecast, By Type
    5.3.1 Epoxy
    5.3.2 Polyurethane
    5.3.3 Silicon
    5.3.4 Polyester System
    5.3.5 Polyamide
    5.3.6 Polyolefin
    5.3.7 Others
    6 Global Potting and Encapsulating Compounds Market, By Application
    6.1 Y-o-Y Growth Comparison, By Application
    6.2 Global Potting and Encapsulating Compounds Market Share Analysis, By Application
    6.3 Global Potting and Encapsulating Compounds Market Size and Forecast, By Application
    6.3.1 Electronics
    6.3.2 Surface Mount [Package
    6.3.3 Beam Bonded Components
    6.3.4 Memory Devices and Microprocessors
    6.3.5 High Power Devices
    6.3.6 Electrical
    6.3.7 Capacitors
    6.3.8 Transformers
    6.3.9 Cable Points
    6.3.10 Industrial Magnets
    6.3.11 Solenoids
    6.3.12 Others
    7 Global Potting and Encapsulating Compounds Market, By Substrate Type
    7.1 Y-o-Y Growth Comparison, By Substrate Type
    7.2 Global Potting and Encapsulating Compounds Market Share Analysis, By Substrate Type
    7.3 Global Potting and Encapsulating Compounds Market Size and Forecast, By Substrate Type
    7.3.1 Glass
    7.3.2 Metal
    7.3.3 Ceramic
    7.3.4 Others
    8 Global Potting and Encapsulating Compounds Market, By Function
    8.1 Y-O-Y Growth Comparison, By Function
    8.2 Global Potting and Encapsulating Compounds Market Share Analysis, By Function
    8.3 Global Potting and Encapsulating Compounds Market Size and Forecast, By Function
    8.3.1 Electrical Insulation
    8.3.2 Heat Dissipation
    8.3.3 Corrosion Protection
    8.3.4 Shock Resistance
    8.3.5 Chemical Protection
    8.3.6 Others
    9 Global Potting and Encapsulating Compounds Market, By End-User industry
    9.1 Y-O-Y Growth Comparison, By End-User industry
    9.2 Global Potting and Encapsulating Compounds Market Share Analysis, By End-User industry
    9.3 Global Potting and Encapsulating Compounds Market Size and Forecast, By End-User industry
    9.3.1 Transportation
    9.3.2 Automotive
    9.3.3 Aerospace
    9.3.4 Marine
    9.3.5 Consumer Electronics
    9.3.6 Energy and Power
    9.3.7 Solar Power
    9.3.8 Others
    9.3.9 Telecommunication
    9.3.10 Healthcare
    9.3.11 Others
    10 Global Potting and Encapsulating Compounds Market, By Curing Technique
    10.1 Y-O-Y Growth Comparison, By Curing Technique
    10.2 Global Potting and Encapsulating Compounds Market Share Analysis, By Curing Technique
    10.3 Global Potting and Encapsulating Compounds Market Size and Forecast, By Curing Technique
    10.3.1 Room Temperature Cured
    10.3.2 High Temperature or Thermally Cured
    10.3.2 UV Cured
    11 Global Potting and Encapsulating Compounds Market, By Distribution Channel
    11.1 Y-O-Y Growth Comparison, By Distribution Channel
    11.2 Global Potting and Encapsulating Compounds Market Share Analysis, By Distribution Channel
    11.3 Global Potting and Encapsulating Compounds Market Size and Forecast, By Distribution Channel
    11.3.1 Offline
    11.3.2 Online
    12Global Potting and Encapsulating Compounds Market, By Region
    12.1 Global Potting and Encapsulating Compounds Market Share Analysis, By Region
    12.2 Global Potting and Encapsulating Compounds Market Size and Forecast, By Region
    13 North America Potting and Encapsulating Compounds Market Analysis and Forecast (2022-2027)
    13.1 Introduction
    13.2 North America Potting and Encapsulating Compounds Market Share Analysis, By Type
    13.3 North America Potting and Encapsulating Compounds Market Size and Forecast, By Application
    13.4 North America Potting and Encapsulating Compounds Market Size and Forecast, By Substrate Type
    13.5 North America Potting and Encapsulating Compounds Market Size and Forecast, By Function
    13.6 North America Potting and Encapsulating Compounds Market Size and Forecast, By End-User industry
    13.7 North America Potting and Encapsulating Compounds Market Size and Forecast, By Curing Technique
    13.8North America Potting and Encapsulating Compounds Market Size and Forecast, By Distribution Channel
    13.9 North America Potting and Encapsulating Compounds Market Size and Forecast, By Country
    13.9.1 U.S.
    13.9.2 Canada
    13.9.3 Mexico
    14EuropePotting and Encapsulating Compounds Market Analysis and Forecast (2022-2027)
    14.1 Introduction
    14.2 Europe Potting and Encapsulating Compounds Market Share Analysis, By Type
    14.3 Europe Potting and Encapsulating Compounds Market Size and Forecast, By Application
    14.4 Europe Potting and Encapsulating Compounds Market Size and Forecast, By Substrate Type
    14.5 Europe Potting and Encapsulating Compounds Market Size and Forecast, By Function
    14.6 Europe Potting and Encapsulating Compounds Market Size and Forecast, By End-User industry
    14.7 Europe Potting and Encapsulating Compounds Market Size and Forecast, By Curing Technique
    14.8 Europe Potting and Encapsulating Compounds Market Size and Forecast, By Distribution Channel
    14.9 Europe Potting and Encapsulating Compounds Market Size and Forecast, By Country
    14.9.1 Germany
    14.9.2 France
    14.9.3 UK
    14.9.4. Rest of Europe
    15Asia Pacific Potting and Encapsulating Compounds Market Analysis and Forecast (2022-2027)
    15.1 Introduction
    15.2 Asia Pacific Potting and Encapsulating Compounds Market Share Analysis, By Type
    15.3 Asia Pacific Potting and Encapsulating Compounds Market Size and Forecast, By Application
    15.4 Asia Pacific Potting and Encapsulating Compounds Market Size and Forecast, By Substrate Type
    15.5 Asia Pacific Potting and Encapsulating Compounds Market Size and Forecast, By Function
    15.6 Asia Pacific Potting and Encapsulating Compounds Market Size and Forecast, By End-User industry
    15.7 Asia Pacific Potting and Encapsulating Compounds Market Size and Forecast, By Curing Technique
    15.8 Asia Pacific Potting and Encapsulating Compounds Market Size and Forecast, By Distribution Channel
    15.9 Asia Pacific Potting and Encapsulating Compounds Market Size and Forecast, By Country
    15.9.1 China 
    15.9.2 Japan
    15.9.3 India
    15.9.4. Rest of Asia Pacific
    16Latin America Potting and Encapsulating Compounds Market Analysis and Forecast (2022-2027)
    16.1 Introduction
    16.2 Latin America Potting and Encapsulating Compounds Market Share Analysis, By Type
    16.3 Latin America Potting and Encapsulating Compounds Market Size and Forecast, By Application
    16.4 Latin America Potting and Encapsulating Compounds Market Size and Forecast, By Substrate Type
    16.5 Latin America Potting and Encapsulating Compounds Market Size and Forecast, By Function
    16.6 Latin America Potting and Encapsulating Compounds Market Size and Forecast, By End-User industry
    16.7 Latin America Potting and Encapsulating Compounds Market Size and Forecast, By Curing Technique
    16.8 Latin America Potting and Encapsulating Compounds Market Size and Forecast, By Distribution Channel
    16.9 Latin America Potting and Encapsulating Compounds Market Size and Forecast, By Country
    16.9.1. Brazil
    16.9.2.Rest of Latin America
    17Middle East Potting and Encapsulating Compounds Market Analysis and Forecast (2022-2027)
    17.1 Introduction
    17.2 Middle East Potting and Encapsulating Compounds Market Share Analysis, By Type
    17.3 Middle East Potting and Encapsulating Compounds Market Size and Forecast, By Application
    17.4 Middle East Potting and Encapsulating Compounds Market Size and Forecast, By Substrate Type
    17.5 Middle East Potting and Encapsulating Compounds Market Size and Forecast, By Function
    17.6 Middle East Potting and Encapsulating Compounds Market Size and Forecast, By End-User industry
    17.7 Middle East Potting and Encapsulating Compounds Market Size and Forecast, By Curing Technique
    17.8 Middle East Potting and Encapsulating Compounds Market Size and Forecast, By Distribution Channel
    17.9 Middle East Potting and Encapsulating Compounds Market Size and Forecast, By Country
    17.9.1. Saudi Arabia
    17.9.2. UAE
    17.9.3. Egypt
    17.9.4. Kuwait
    17.9.5. South Africa
    18Competitive Analysis
    18.1 Competition Dashboard
    18.2 Market share Analysis of Top Vendors
    18.3 Key Development Strategies
    19Company Profiles
    19.1 Momentive (U.S.)
    19.1.1 Overview
    19.1.2 Offerings
    19.1.3 Key Financials
    19.1.4 Business Segment & Geographic Overview
    19.1.5 Key Market Developments
    19.1.6 Key Strategies
    19.2 Henkel AG and Co. KgaA(Germany)
    19.2.1 Overview 
    19.2.2 Offerings
    19.2.3 Key Financials
    19.2.4 Business Segment & Geographic Overview
    19.2.5 Key Market Developments
    19.2.6 Key Strategies
    19.3 Solvay (Belgium)
    19.3.1 Overview
    19.3.2 Offerings
    19.3.3 Key Financials
    19.3.4 Business Segment & Geographic Overview
    19.3.5 Key Market Developments
    19.3.6 Key Strategies
    19.4 Avantor, Inc. (U.S.)
    19.4.1 Overview
    19.4.2 Offerings
    19.4.3 Key Financials
    19.4.4 Business Segment & Geographic Overview
    19.5 Key Market Developments
    19.4.6 Key Strategies
    19.5 ELANTAS (Germany)
    19.5.1 Overview
    19.5.2 Offerings
    19.5.3 Key Financials
    19.5.4 Business Segment & Geographic Overview
    19.5.5 Key Market Developments
    19.5.6 Key Strategies
    19.6 Electrolube (U.K.)
    19.6.1 Overview
    19.6.2 Offerings
    19.6.3 Key Financials
    19.6.4 Business Segment & Geographic Overview
    19.6.5 Key Market Developments
    19.6.6 Key Strategies
    19.7 Epoxies, Etc. (U.S.)
    19.7.1 Overview
    19.7.2 Offerings
    19.7.3 Key Financials
    19.7.4 Business Segment & Geographic Overview
    19.7.5 Key Market Developments
    19.7.6 Key Strategies 
    19.8 Dymax (U.S.)
    19.8.1 Overview
    19.8.2 Offerings
    19.8.3 Key Financials
    19.8.4 Business Segment & Geographic Overview
    19.8.5 Key Market Developments
    19.8.6 Key Strategies
    19.9 Master Bond Inc. (U.S.)
    19.9.1 Overview
    19.9.2 Offerings
    19.9.3 Key Financials
    19.9.4 Business Segment & Geographic Overview
    19.9.5 Key Market Developments
    19.9.6 Key Strategies
    19.10 Owens Corning (U.S.)
    19.10.1 Overview
    19.10.2 Offerings
    19.10.3 Key Financials
    19.10.4 Business Segment & Geographic Overview
    19.10.5 Key Market Developments
    19.10.6 Key Strategies