Latin America Potting Compound Market Size & Outlook
The potting compound market in Latin America is expected to reach a projected revenue of US$ 3,490.3 million by 2030. A compound annual growth rate of 2.6% is expected of Latin America potting compound market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,911.6
Forecast, 2030 (US$M)
$3,490.3
CAGR, 2024 - 2030
2.6%
Report Coverage
Latin America
Latin America potting compound market highlights
- The Latin America potting compound market generated a revenue of USD 2,911.6 million in 2023.
- The market is expected to grow at a CAGR of 2.6% 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.
Latin America data book summary
| Market revenue in 2023 | USD 2,911.6 million |
| Market revenue in 2030 | USD 3,490.3 million |
| Growth rate | 2.6% (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, Latin America region accounted for 8.8% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
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 |
|---|---|---|---|---|
| Elantas | View profile | 251-500 | St Louis, Missouri, United States, North America | http://www.elantas.com |
| MG Chemicals | View profile | 101-250 | Burlington, Ontario, Canada, North America | https://www.mgchemicals.com |
| Advanced Instruments | View profile | 101-250 | Norwood, Massachusetts, United States, North America | http://www.aicompanies.com/ |
| Momentive | View profile | 5001-10000 | Schenectady, New York, United States, North America | https://www.momentive.com/ |
| DuPont de Nemours Inc | View profile | 24000 | 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 | https://www.dupont.com |
| Bayer AG | View profile | 99723 | Kaiser-Wilhelm-Allee 1, Leverkusen, NW, Germany, 51368 | https://www.bayer.com |
| Henkel AG & Co KGaA | View profile | 48000 | Henkelstrasse 67, Duesseldorf, NW, Germany, 40589 | https://www.henkel.com |
| Huntsman Corp | View profile | 6000 | 10003 Woodloch Forest Drive, The Woodlands, TX, United States, 77380 | https://www.huntsman.com |
| 3M Co | View profile | 85000 | 3M Center, St. Paul, MN, United States, 55144 | https://www.3m.com |
| Hitachi Ltd | View profile | 322525 | 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 | http://www.hitachi.com |
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
