The global silicone potting compounds market exhibited moderate growth during 2015-2020.
Looking forward, the analyst expects the market to grow at a CAGR of around 5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Silicone potting compounds are liquid materials used to fill electronic components or assemblies with solid compounds for protection against the surrounding environment. Thermosetting plastics, epoxy, polyurethane and silicon rubber gels are among the commonly used silicone potting compounds. These compounds, once applied, cured and hardened, encase the electronic components in a solid mass that provides a barrier against moisture, vibration, heat, contamination and physical shocks. They can be applied to power transformers, circuit boards, relays, amplifiers, coils and ferrite cores using manual or automated meter-mix-dispense (MMD) equipment. They also provide a wide operating temperature and hardness range and are widely used across various industries, including electronics, aerospace, automotive, energy, marine and solar power.
Silicone Potting Compounds Market Trends: Significant growth in the electronics industry across the globe is one of the key factors creating a positive outlook for the market. Silicon potting compounds are widely used for coating industrial electronic components, such as capacitors, solenoids, industrial magnets, beam bonded components, microprocessors and memory devices. Moreover, the increasing demand for consumer electronics and miniaturized devices is providing a thrust to the growth of the market. Thermally conductive potting compounds offer effective pathways to dissipate the heat from a heat-generating source to a metal enclosure in compact devices. In line with this, the widespread adoption of these composites in the aerospace industry for shock insulation and corrosion resistance is also contributing to the market growth. Additionally, various product innovations, such as the development of ultraviolet (UV)-cured silicone potting compounds, are acting as other growth-inducing factors. These compounds offer enhanced insulation properties, bond strength and lower energy consumption. Other factors, including rapid industrialization, along with extensive research and development (R&D) activities, are anticipated to drive the market toward growth.
Key Market Segmentation: the analyst provides an analysis of the key trends in each sub-segment of the global silicone potting compounds market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on curing technique, application and end use industry.
Breakup by Curing Technique: UV Curing Thermal Curing Room Temperature Curing
Breakup by Application: Electricals Capacitors Transformers Cable Joints Industrial Magnets Solenoids Others Electronics Surface Mount Packages Beam Bonded Components Memory Devices and Microprocessors Others
Breakup by End Use Industry: Consumer Electronics Aerospace Automotive Energy and Power Others
Breakup by Region: North America United States Canada Asia-Pacific China Japan India South Korea Australia Indonesia Others Europe Germany France United Kingdom Italy Spain Russia Others Latin America Brazil Mexico Others Middle East and Africa
Competitive Landscape: The competitive landscape of the industry has also been examined along with the profiles of the key players being Altana AG, CHT Germany GmbH, Dymax Corporation, Henkel AG & Co. KGaA, Hernon Manufacturing Inc, Master Bond Inc., MG Chemicals, Novagard Solutions, Parker-Hannifin Corp. and The Dow Chemical Company (Dow Inc).
Key Questions Answered in This Report: How has the global silicone potting compounds market performed so far and how will it perform in the coming years? What has been the impact of COVID-19 on the global silicone potting compounds market? What are the key regional markets? What is the breakup of the market based on the curing technique? What is the breakup of the market based on the application? What is the breakup of the market based on the end use industry? What are the various stages in the value chain of the industry? What are the key driving factors and challenges in the industry? What is the structure of the global silicone potting compounds market and who are the key players? What is the degree of competition in the industry?
Our reports have been used by over 10K customers, including:
260 pages •
By Asia Market Information & Development Company
• May 2022
China’s demand for Plastic Additives has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer consumption...
250 pages •
By The Business Research Company
• Mar 2022
Major players in the automotive plastics market are BASF SE , Borealis AG, Covestro AG , DuPont, Evonik Industries, SABIC, Magna International, Inc., Akzo Nobel N.V, Arkema SA, Grupo Antolin-Irausa S.A, LyondellBasell Industries Holdings BV , Momentive Performance Materials Inc, Teijin Limited, The Dow Chemical Company, and Zoltek Companies...
Introduction to Casting Resin Markets in 2022 The global Casting Resin market is one of the high potential growth markets in the chemicals and materials industry, with a robust market size outlook and significant unmet opportunities for companies. The Casting Resin market report is a comprehensive study on the global market...
Introduction to Plastics Markets in 2022 The global Plastics market is one of the high potential growth markets in the chemicals and materials industry, with a robust market size outlook and significant unmet opportunities for companies. The Plastics market report is a comprehensive study on the global market size outlook,...
The global flame retardants market is estimated to be USD 7.2 billion in 2022 and is projected to grow at a CAGR of 5.1% during the forecast period. One of the key drivers of the rising demand for flame retardants is the stringent regulations towards fire safety across the globe. To reduce fire-related hazards and associated impacts, many...
The global ammonia market reached a value of US$ 71.34 Billion in 2021. Looking forward, the analyst expects the market to reach a value of US$ 100.17 Billion by 2027, exhibiting a CAGR of 5.60% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence...
264 pages •
By Asia Market Information & Development Company
• Mar 2022
China’s demand for Medical Plastics has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer consumption...
251 pages •
By Asia Market Information & Development Company
• Mar 2022
China’s demand for Antioxidants has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer consumption...
Report Scope: The report takes a general outlook of the polymeric foams market.It examines industry standards, government and industry support, and other factors related to the success of polymeric foams. This report segments the market into major sub-segments like resin family and application. In-depth study of...
Report Scope: For the purposes of this report, the term “recycling” refers to the removal of products from the waste stream for use (not including incineration or energy recovery).Any secondary use or reuse of the material is assumed to have already taken place. The term “recovery” includes all disposal methods except...
Plastic
Recycling
Plastic Recycling
World
Plastic Import
Plastic Production
By continuing to use this site you consent to the use of cookies on your device as described in our Cookie Policy unless you have disabled them.
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.