October 15, 2020
Global Potting Compound Market Analysis Report | Altana AG, Dow, 3M, MG Chemical
The global potting compound market was valued at $3.1 billion in 2019, and is projected to reach $4.1 billion by 2027, growing at a CAGR of 3.9% from 2020 to 2027.
Potting compounds are used as encapsulants to protect from water, dust, voltage discharge, vibration, and physical damage. Potting material is introduced during the electronic assembly and offers excellent adhesive properties; hence, they are extremely difficult to remove once they are placed in the desired place as they permanently stick to the surface, which makes rework impossible. Potting process can be performed either manually or by using automated meter-mix-dispense (MMD) equipment.