Potting Compound Market 2016 – Global Trends & Forecast to 2021 – Market is projected to reach USD 3.13 Billion
Dublin, June 08, 2016 (GLOBE NEWSWIRE) — Research and Markets has announced the addition of the “Potting Compound Market by Type (Epoxy Resin, Polyurethane Resin, Silicone Resin, Polyester System, and Polyamide) by Application (Electrical and Electronics) and by Region – Global Trends & Forecast to 2021” report to their offering.
The global potting compound market size, in terms of value, is projected to reach USD 3.13 Billion by 2021, at a CAGR of 3.7% between 2016 and 2021.
The global potting compound market is expected to rise with the growing demand from various end-use industries. With emerging economies of Asia-Pacific, Latin America, and Central & Eastern Europe major economies, such as India, Indonesia, Malaysia, Singapore, Brazil, Argentina, and Turkey, the market is expected to grow further. The transportation industry is another major segment boosting the growth of potting compound, globally.
The electronics sector is projected to be fastest-growing application of potting compounds between 2016 and 2021. Potting compounds are used widely for electronics application in various end-use industries such as consumer electronics, transportation, energy & power, solar power, and others. As potting compounds are characterized to provide protection from harsh environmental conditions and have properties such as heat dissipation, flame retardancy, or vibration resistance, they are the ideal materials for electronics applications.
Asia-Pacific is the largest market for potting compound globally, with China being the most dominant market. This region is witnessing the highest growth rate, and this high growth is attributed to the rapid economic expansion currently undergoing in the region. The demand for potting compound is highly dependent on the economic growth of a region. Further, rapid industrial development in Asia-Pacific is vigorously driving the demand for potting compound in electronics, transportation, and other applications.
The report provides company profiles and competitive strategies adopted by the major market players such as ACC Silicones Ltd. (U.K.), Dymax Corporation (U.S.), EFI Polymers (U.S.), Elantas Beck India Ltd. (India), Electrolube (U.K.), Epic Resins (U.S.), Intertronics (U.K.), Master Bond Inc. (U.S.), MG Chemicals (Canada), and Henkel AG & Co. KGaA (Germany), among others.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Potting Compound Market, By Type
8 Potting Compound Market, By Application
9 Potting Compound Market, By Curing Technique
10 Potting Compound Market, By End-Use Industry
11 Potting Compound Market, By Region
12 Competitive Landscape
13 Company Profiles
– ACC Silicones Ltd.
– Dymax Corporation
– Efi Polymers
– Elantas Beck India Ltd.
– Electrolube
– Epic Resins
– Henkel Ag & Co. Kgaa
– Intertronics
– Master Bond Inc.
– MG Chemicals
For more information visit http://www.researchandmarkets.com/research/22wmwg/potting_compound
CONTACT: CONTACT: Research and Markets Laura Wood, Senior Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 Sector: Electronic Chemicals
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