Global Potting Compound Market Size & Outlook, 2023-2030
The potting compound industry worldwide is expected to reach a projected revenue of US$ 41,551.3 million by 2030. A compound annual growth rate of 3.2% is expected of the worldwide potting compound industry from 2024 to 2030.
Revenue, 2023 (US$M)
$33,275.2
Forecast, 2030 (US$M)
$41,551.3
CAGR, 2024 - 2030
3.2%
Report Coverage
Worldwide
Global potting compound market, 2018-2030 (US$M)
Global potting compound market highlights
- The global potting compound market generated a revenue of USD 33,275.2 million in 2023 and is expected to reach USD 41,551.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 3.2% by 2030.
- In terms of segment, epoxy resin accounted for a revenue of USD 33,275.2 million in 2023.
- Epoxy Resin is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 33,275.2 million |
| Market revenue in 2030 | USD 41,551.3 million |
| Growth rate | 3.2% (CAGR from 2023 to 2030) |
| Largest segment | Epoxy resin |
| Fastest growing segment | Epoxy Resin |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Epoxy Resin |
Other key industry trends
- In terms of revenue, the North America accounted for 26.8% of the global potting compound market in 2023.
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Potting Compound Market Scope
Potting compound market segmentation & scope
Technology
Room Temperature Cured
High Temperature or Thermally Cured
UV Cured
End Use
Transportation
Energy & Power
Solar Power
Other End Uses
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
China
India
Japan
South Korea
Brazil
Argentina
South Africa
Saudi Arabia
Potting Compound Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global potting compound market size, by regions, 2018-2030 (US$M)
Related regional statistics
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