Potting is a technique of filling a high-voltage electronic assembly with a solid substance to prevent gaseous phenomenon from damaging the assembly. Electronic components are especially potted with liquid compounds to ensure correct electric insulation for reliable operations, as it forms a permanent joint. As potting compounds are usually made of polyurethane, they can form extremely hard resins and provide high thermal stability for automobile electronic systems. Certain applications, such as minimal waste, fast setting time, and no requisite for mixing, spur the demand for the product in an effective way. In the electronics segment, epoxy resins are the fastest growing application category due to their dielectric characteristics. As per Business Research Insights, the global Electronic Potting and Encapsulating market size was US$ 1855.8 million in 2021 and size of USD 3331.6 million by 2028 at CAGR of 8.7% during the forecast period.
Business Research Insights highlights the top 8 electronic potting and encapsulating companies.
1. Plasma Ruggedized Solutions (U.S.)
Plasma Ruggedized Solutions is an American firm that was founded in 1990. The company diligently provides parylene coating & related specialty engineering services techniques that assist various industries to maintain the lean manufacturing system for better production control.
2. Hitachi Chemical (Japan)
Hitachi Chemical is a multinational chemical manufacturing company headquartered in Japan and founded in 1912. The company is well known for its semiconductor and display-related materials. Furthermore, the firm also deals in functional polymeric materials, adhesive films, carbon products, ceramics, automotive, copper-clad laminates, and photosensitive dry films related products.
3. Huntsman Corporation (U.S.)
Huntsman Corporation is an American organization that was founded in 1970. To leverage its resources, the company expanded its digital technology in chemical components to meet industries unique needs. The firm works in a socially responsible manner in order to maintain the balance within the organization. Apart from that, the organization also deals in the textiles, footwear, and aviation industries.
4. LORD Corporation (U.S.)
LORD Corporation is a privately-held firm headquartered in the U.S. and was founded in 1924. Through years of experience and passion for innovation, the organization has set its benchmark in adhesive and coating solutions. The firms’ key technological areas are fluid and gas handling, hydraulics, pneumatics, process control, aerospace, climate control, electromechanical, filtration, sealing and shielding, and human motion.
5. ACC Silicones (U.K.)
ACC Silicones is a British company that was founded in 1948. The company utilizes an ever-expanding set of methods to tackle every aspect of a business in a proper manner. Using cutting-edge technology, it has set its reputation in silicone products and sealants.
6. Master Bond (U.S.)
Founded in 1976, Master Bond is a preeminent adhesive manufacturer organization headquartered in the U.S. Its production line consists of electronic potting and encapsulating compounds along with adhesives, sealants, coatings, and impregnation resins that have been designed to meet specific requirements of industries.
7. Epic Resins (U.S.)
Epic Resins is a renowned leader of electronic potting and encapsulating resins headquartered in the U.S. and was established in 1958. The company offers a comprehensive approach of quality polymers and resins to enhance the performance of electric insulation for reliable operations. Through its outstanding service and uncompromising quality, the company has set its reputation worldwide.
8. ITW Engineered Polymers (U.S.)
ITW Engineered Polymers is a global innovator of car care products headquartered in the U.S. and was established in 1912. The firm’s technical understanding in the manufacturing of high flow epoxies helps industries preserve equipment lifecycles and reduce machine downtime to maintain the production rate.
Rising Applications of Epoxies in Consumer Electronics Goods to Protect the Parts to Facilitate Market Development
The rising applications of epoxies in consumer electronics goods to protect the parts from moisture and secondary heat have sparked the demand for electronic potting and encapsulating to a great extent. Also, the growing demand for UV compounds for better encapsulation of products in harsh conditions has increased the need for the product. Furthermore, due to its property, such as thermal management, it is used to protect EVs batteries in two-wheelers. Therefore, such factors surge the demand for electronic potting and encapsulating.