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Report
Silicone Potting Compounds Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-11-24 I 139 Pages I IMARC Group
The global silicone potting compounds market size reached US$ 1,033 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,372 Million by 2028, exhibiting a growth rate (CAGR) of 4.84% during 2022-2028.
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.
Global 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:
IMARC Group provides an analysis of the key trends in each sub-segment of the global silicone potting compounds market report, along with forecasts at the global, regional and country level from 2023-2028. 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
1. What is the expected growth rate of the global silicone potting compounds market during 2023-2028?
2. What are the key factors driving the global silicone potting compounds market?
3. What has been the impact of COVID-19 on the global silicone potting compounds market?
4. What is the breakup of the global silicone potting compounds market based on the curing technique?
5. What is the breakup of the global silicone potting compounds market based on the application?
6. What are the key regions in the global silicone potting compounds market?
7. Who are the key players/companies in the global silicone potting compounds market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Silicone Potting Compounds Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Curing Technique
6.1 UV Curing
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Thermal Curing
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Room Temperature Curing
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Application
7.1 Electricals
7.1.1 Market Trends
7.1.2 Key Segments
7.1.2.1 Capacitors
7.1.2.2 Transformers
7.1.2.3 Cable Joints
7.1.2.4 Industrial Magnets
7.1.2.5 Solenoids
7.1.2.6 Others
7.1.3 Market Forecast
7.2 Electronics
7.2.1 Market Trends
7.2.2 Key Segments
7.2.2.1 Surface Mount Packages
7.2.2.2 Beam Bonded Components
7.2.2.3 Memory Devices and Microprocessors
7.2.2.4 Others
7.2.3 Market Forecast
8 Market Breakup by End Use Industry
8.1 Consumer Electronics
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Aerospace
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Automotive
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Energy and Power
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Altana AG
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 SWOT Analysis
14.3.2 CHT Germany GmbH
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Dymax Corporation
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Henkel AG & Co. KGaA
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Hernon Manufacturing Inc
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Master Bond Inc.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 MG Chemicals
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Novagard Solutions
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Parker-Hannifin Corp.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 The Dow Chemical Company (Dow Inc)
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
Figure 1: Global: Silicone Potting Compounds Market: Major Drivers and Challenges
Figure 2: Global: Silicone Potting Compounds Market: Sales Value (in Million US$), 2017-2022
Figure 3: Global: Silicone Potting Compounds Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 4: Global: Silicone Potting Compounds Market: Breakup by Curing Technique (in %), 2022
Figure 5: Global: Silicone Potting Compounds Market: Breakup by Application (in %), 2022
Figure 6: Global: Silicone Potting Compounds Market: Breakup by End Use Industry (in %), 2022
Figure 7: Global: Silicone Potting Compounds Market: Breakup by Region (in %), 2022
Figure 8: Global: Silicone Potting Compounds (UV Curing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Silicone Potting Compounds (UV Curing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Silicone Potting Compounds (Thermal Curing ) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Silicone Potting Compounds (Thermal Curing ) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Silicone Potting Compounds (Room Temperature Curing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Silicone Potting Compounds (Room Temperature Curing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Silicone Potting Compounds (Electricals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Silicone Potting Compounds (Electricals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Silicone Potting Compounds (Electronics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Silicone Potting Compounds (Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Silicone Potting Compounds (Consumer Electronics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Silicone Potting Compounds (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Silicone Potting Compounds (Aerospace) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Silicone Potting Compounds (Aerospace) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Silicone Potting Compounds (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Silicone Potting Compounds (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Silicone Potting Compounds (Energy and Power) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Silicone Potting Compounds (Energy and Power) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Silicone Potting Compounds (Other End Use Industries) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Silicone Potting Compounds (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: North America: Silicone Potting Compounds Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: North America: Silicone Potting Compounds Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: United States: Silicone Potting Compounds Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: United States: Silicone Potting Compounds Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Canada: Silicone Potting Compounds Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Canada: Silicone Potting Compounds Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Asia-Pacific: Silicone Potting Compounds Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Asia-Pacific: Silicone Potting Compounds Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: China: Silicone Potting Compounds Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: China: Silicone Potting Compounds Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Japan: Silicone Potting Compounds Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Japan: Silicone Potting Compounds Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: India: Silicone Potting Compounds Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: India: Silicone Potting Compounds Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: South Korea: Silicone Potting Compounds Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: South Korea: Silicone Potting Compounds Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Australia: Silicone Potting Compounds Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Australia: Silicone Potting Compounds Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Indonesia: Silicone Potting Compounds Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Indonesia: Silicone Potting Compounds Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Others: Silicone Potting Compounds Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Others: Silicone Potting Compounds Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Europe: Silicone Potting Compounds Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Europe: Silicone Potting Compounds Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Germany: Silicone Potting Compounds Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Germany: Silicone Potting Compounds Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: France: Silicone Potting Compounds Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: France: Silicone Potting Compounds Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: United Kingdom: Silicone Potting Compounds Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: United Kingdom: Silicone Potting Compounds Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Italy: Silicone Potting Compounds Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Italy: Silicone Potting Compounds Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Spain: Silicone Potting Compounds Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Spain: Silicone Potting Compounds Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Russia: Silicone Potting Compounds Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Russia: Silicone Potting Compounds Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Others: Silicone Potting Compounds Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Others: Silicone Potting Compounds Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Latin America: Silicone Potting Compounds Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Latin America: Silicone Potting Compounds Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Brazil: Silicone Potting Compounds Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Brazil: Silicone Potting Compounds Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Mexico: Silicone Potting Compounds Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Mexico: Silicone Potting Compounds Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Others: Silicone Potting Compounds Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Others: Silicone Potting Compounds Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Middle East and Africa: Silicone Potting Compounds Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Middle East and Africa: Silicone Potting Compounds Market: Breakup by Country (in %), 2022
Figure 76: Middle East and Africa: Silicone Potting Compounds Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Global: Silicone Potting Compounds Industry: SWOT Analysis
Figure 78: Global: Silicone Potting Compounds Industry: Value Chain Analysis
Figure 79: Global: Silicone Potting Compounds Industry: Porter's Five Forces Analysis
Table 1: Global: Silicone Potting Compounds Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Silicone Potting Compounds Market Forecast: Breakup by Curing Technique (in Million US$), 2023-2028
Table 3: Global: Silicone Potting Compounds Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: Global: Silicone Potting Compounds Market Forecast: Breakup by End Use Industry (in Million US$), 2023-2028
Table 5: Global: Silicone Potting Compounds Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Silicone Potting Compounds Market: Competitive Structure
Table 7: Global: Silicone Potting Compounds Market: Key Players
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