Asia Pacific Potting Compound Market Size & Outlook
The potting compound market in Asia Pacific is expected to reach a projected revenue of US$ 17,069.3 million by 2030. A compound annual growth rate of 3.4% is expected of Asia Pacific potting compound market from 2024 to 2030.
Revenue, 2023 (US$M)
$13,483.1
Forecast, 2030 (US$M)
$17,069.3
CAGR, 2024 - 2030
3.4%
Report Coverage
Asia Pacific
Asia Pacific potting compound market, 2018-2030 (US$M)
Asia Pacific potting compound market highlights
- The Asia Pacific potting compound market generated a revenue of USD 13,483.1 million in 2023.
- The market is expected to grow at a CAGR of 3.4% from 2024 to 2030.
- In terms of segment, epoxy resin was the largest revenue generating product in 2023.
- Epoxy Resin is the most lucrative product segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 13,483.1 million |
| Market revenue in 2030 | USD 17,069.3 million |
| Growth rate | 3.4% (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 |
| Key market players worldwide | Bayer AG, DuPont de Nemours Inc, Advanced Instruments, Henkel AG & Co KGaA, Elantas, MG Chemicals, 3M Co, Momentive, Huntsman Corp, Hitachi Ltd |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 40.5% of the global potting compound market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 11,501.4 million by 2030.
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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 |
|---|
Related regional statistics
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