September 23, 2021

Conformal Coatings Market Revenue to Hit US$ 16.45 Billion by 2027

Precedence Research has published a new report titledConformal Coatings Market (By Product: Epoxy, Acrylic, Silicone, Polyurethane, Parylene, Fluoropolymer; By Operation Method: Brush Coating, Dip Coating, Spray Coating, Chemical Vapor Deposition; By Technology: Water-based, Solvent-based, UV Cured; By End-User: Automotive, Consumer Electronics, Industrial Machinery & Equipment, Aerospace, Marine, Medical, Defense, Others) – Global Market Size, Trends Analysis, Segment Forecasts, Regional Outlook 2020 – 2027, the global conformal coatings market size is expected to grow US$ 16.45 Billion by 2027, decelerating at a CAGR of over 5.76% from 2020 to 2027. The report contains 250+ pages with detailed analysis.

Requirement of conformal coating has hit the roof on account of constant miniaturization of electronics and related circuitry since past few years. A conformal coating is a thin polymeric film coated on PCB to protect it and its components from the corrosion and environment. This film adapts to the shape of the board and its components defendingand covering solder joints, unprotected traces, the leads of electronic components, and other metallized areas from corrosion, eventually lengthening the work-life of the PCB. Conformal coatings are employed in an extensive range of environments to defend PCBs from salt spray, moisture, temperature and chemicals limits to avoid mould growth, corrosion, and electrical catastrophes. The fortification delivered by conformal coatings permits for upper voltage gradients and nearer track spacing, in turn allowing designers to address the requirement of consistency and miniaturization.

Selection of appropriate application method and type of coating has become very crucial. However, weeding via the massive amount of online information is overwhelming. There are numeral choices for coating technologies, and the finest selection must rely mostly on the protection needed. Convenience of rework and application method is significant aspect and must usually be measured secondary to the protective enactment desirable. At present, conformal coatings are generating revenue by enormous demand from different end-use sectors such as automotive, consumer electronics, medical, industrial machinery & equipment, aerospace, marine, and defense among others.

The global conformal coatings market research report gives a brief summary of definitions, size analysis and place of production, sales, applications, types, and major players/key vendors of the conformal coatings industry. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies. The report provides the overall revenue of the global conformal coatings Market from 2016 to 2027, considering 2020 as the base year and 2027 as the forecast year.

Conformal coatings Market Estimations:

Market Was Valued In 2019: US$ 11.53 Billion

Market Is Projected To Grow By 2027: US$ 16.45 Billion

Compound Annual Growth Rate (CAGR): 5.76 percent

Growth Factors

Augmenting application scope in automobile sector is prospective to support conformal coatings market growth over the prediction period. Automotive sector make use of these coatings indefending circuitry against brake fluid, gasoline vapor and salt spray. Electronic system usage in the form of parking and GPS systems is rising rapidly and fortification against afore said influences is vigorous for safeguarding long term consistency. They are employed in automotive applications like passenger compartments systems and under the hood systems. Snowballing market for automotive and an immersive driving practice is projected to uptake the growth of conformal coatings market during years to come. Mounting demand for durable coatings with very great corrosion resistance is anticipated to further push the market growth. Deterrence against rapid decompressions and compressions for circuitry performance underneath harsh circumstances in aerospace sector is prospective to fuel conformal coatings sector progress.

Report Highlights

  • Asia Pacific conquered the global market due to highest consumption in a nation such as India and China among others
  • Growing applications in the medical sector in Asia Pacific is anticipated to offer lucrative growth prospects to the conformal coatings in this region
  • Aerospace is estimated to be a highly rewarding sector in the global conformal coatings market during upcoming years
  • Swelling perception of high-end electronic products including tablets, HDTVs, LEDs and LCD is escalating the application of conformal coatings.

Regional Snapshots

Asia Pacific is estimated as firmest budding regional market on account of huge spending in the electronics industry in China, Taiwan, South Korea and Japan that generate enormous product demand. Furthermore, exhaustive growth of consumer electronics and automotive manufacturing base in India is prospective to reinforce the growth of the market in this region. India is a budding economy and embraces great prospective for forthcoming market opportunities. The medical industry in India is profiting from cumulative population that is developing at a rate of 1.6 % per year.

Europe and North America are growth marketplaces only next to Asia pacific due to high defense outlay in U.S and impending security threats. North America is projected to perceive brisk progress in the global market during coming years on account of flourishing demand for GPS systems and advanced electronics in specific. Further, enormous growth in the U.S. is endorsed to a deep-rooted aerospace, electronics, automotive, and defense industry. Crucial companies in this region are adopting strategies such as collaboration, acquisition to attain advantage in market dynamics across the value chain.

Key Players & Strategies

The global conformal coating market is extremely fragmented with the occurrence of plentiful manufacturers. Foremost contributors in the market such as KGaA, Henkel AG & Company, Shin-Etsu Chemical Co., Ltd and Chemtronics are spending greatly in R&D accomplishments to develop ground-breaking environment-friendly coatings product. Conformal coating manufacturing market across the world has become extremely competitive on account of large pool of well-regarded suppliers and establishments along withnovel market entrants. Companies are investing and bringing about frequent R&D undertakings with custom formulations for multiple end-usemarkets. For occurrence, in 2017 AkzoNobel NV declared R&D directive that related to electronics and protective coatings for its felling capacity in UK.

Market Segmentation

By Product

  • Epoxy
  • Acrylic
  • Silicone
  • Polyurethane
  • Parylene
  • Fluoropolymer

By Operation Method

  • Brush Coating
  • Dip Coating
  • Spray Coating
  • Chemical Vapor Deposition

By End-User

  • Automotive
  • Consumer Electronics
  • Industrial Machinery & Equipment
  • Aerospace
  • Marine
  • Medical
  • Defense
  • Others

By Technology

  • Water-based
  • Solvent-based
  • UV Cured

By Regional Outlook

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Conformal Coatings Market, By Product

7.1. Conformal Coatings Market, by Product Type, 2020-2027
7.1.1. Epoxy
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Acrylic
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Silicone
7.1.3.1. Market Revenue and Forecast (2016-2027)
7.1.4. Polyurethane
7.1.4.1. Market Revenue and Forecast (2016-2027)
7.1.5. Parylene
7.1.5.1. Market Revenue and Forecast (2016-2027)
7.1.6. Fluoropolymer
7.1.6.1. Market Revenue and Forecast (2016-2027)

Chapter 8. Global Conformal Coatings Market, By Operation Method

8.1. Conformal Coatings Market, by Operation Method, 2020-2027
8.1.1. Brush Coating
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Dip Coating
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Spray Coating
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.4. Chemical Vapor Deposition
8.1.4.1. Market Revenue and Forecast (2016-2027)

Chapter 9. Global Conformal Coatings Market, By End-User

9.1. Conformal Coatings Market, by End-User, 2020-2027
9.1.1. Automotive
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. Consumer Electronics
9.1.2.1. Market Revenue and Forecast (2016-2027)
9.1.3. Industrial Machinery & Equipment
9.1.3.1. Market Revenue and Forecast (2016-2027)
9.1.4. Aerospace
9.1.4.1. Market Revenue and Forecast (2016-2027)
9.1.5. Marine
9.1.5.1. Market Revenue and Forecast (2016-2027)
9.1.6. Medical
9.1.6.1. Market Revenue and Forecast (2016-2027)
9.1.7. Defense
9.1.7.1. Market Revenue and Forecast (2016-2027)
9.1.8. Others
9.1.8.1. Market Revenue and Forecast (2016-2027)

Chapter 10. Global Conformal Coatings Market, By Technology

10.1. Conformal Coatings Market, by Technology, 2020-2027
10.1.1. Water-based
10.1.1.1. Market Revenue and Forecast (2016-2027)
10.1.2. Solvent-based
10.1.2.1. Market Revenue and Forecast (2016-2027)
10.1.3. UV Cured
10.1.3.1. Market Revenue and Forecast (2016-2027)

Chapter 11. Global Conformal Coatings Market, Regional Estimates and Trend Forecast

11.1. North America
11.1.1. Market Revenue and Forecast, by Product (2016-2027)
11.1.2. Market Revenue and Forecast, by Operation Method (2016-2027)
11.1.3. Market Revenue and Forecast, by End-User (2016-2027)
11.1.4. Market Revenue and Forecast, by Technology (2016-2027)
11.1.5. U.S.
11.1.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.1.5.2. Market Revenue and Forecast, by Operation Method (2016-2027)
11.1.5.3. Market Revenue and Forecast, by End-User (2016-2027)
11.1.5.4. Market Revenue and Forecast, by Technology (2016-2027)
11.1.6. Rest of North America
11.1.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.1.6.2. Market Revenue and Forecast, by Operation Method (2016-2027)
11.1.6.3. Market Revenue and Forecast, by End-User (2016-2027)
11.1.6.4. Market Revenue and Forecast, by Technology (2016-2027)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.2. Market Revenue and Forecast, by Operation Method (2016-2027)
11.2.3. Market Revenue and Forecast, by End-User (2016-2027)
11.2.4. Market Revenue and Forecast, by Technology (2016-2027)
11.2.5. UK
11.2.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.5.2. Market Revenue and Forecast, by Operation Method (2016-2027)
11.2.5.3. Market Revenue and Forecast, by End-User (2016-2027)
11.2.5.4. Market Revenue and Forecast, by Technology (2016-2027)
11.2.6. Germany
11.2.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.6.2. Market Revenue and Forecast, by Operation Method (2016-2027)
11.2.6.3. Market Revenue and Forecast, by End-User (2016-2027)
11.2.6.4. Market Revenue and Forecast, by Technology (2016-2027)
11.2.7. France
11.2.7.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.7.2. Market Revenue and Forecast, by Operation Method (2016-2027)
11.2.7.3. Market Revenue and Forecast, by End-User (2016-2027)
11.2.7.4. Market Revenue and Forecast, by Technology (2016-2027)
11.2.8. Rest of Europe
11.2.8.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.8.2. Market Revenue and Forecast, by Operation Method (2016-2027)
11.2.8.3. Market Revenue and Forecast, by End-User (2016-2027)
11.2.8.4. Market Revenue and Forecast, by Technology (2016-2027)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.2. Market Revenue and Forecast, by Operation Method (2016-2027)
11.3.3. Market Revenue and Forecast, by End-User (2016-2027)
11.3.4. Market Revenue and Forecast, by Technology (2016-2027)
11.3.5. India
11.3.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.5.2. Market Revenue and Forecast, by Operation Method (2016-2027)
11.3.5.3. Market Revenue and Forecast, by End-User (2016-2027)
11.3.5.4. Market Revenue and Forecast, by Technology (2016-2027)
11.3.6. China
11.3.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.6.2. Market Revenue and Forecast, by Operation Method (2016-2027)
11.3.6.3. Market Revenue and Forecast, by End-User (2016-2027)
11.3.6.4. Market Revenue and Forecast, by Technology (2016-2027)
11.3.7. Japan
11.3.7.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.7.2. Market Revenue and Forecast, by Operation Method (2016-2027)
11.3.7.3. Market Revenue and Forecast, by End-User (2016-2027)
11.3.7.4. Market Revenue and Forecast, by Technology (2016-2027)
11.3.8. Rest of APAC
11.3.8.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.8.2. Market Revenue and Forecast, by Operation Method (2016-2027)
11.3.8.3. Market Revenue and Forecast, by End-User (2016-2027)
11.3.8.4. Market Revenue and Forecast, by Technology (2016-2027)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.2. Market Revenue and Forecast, by Operation Method (2016-2027)
11.4.3. Market Revenue and Forecast, by End-User (2016-2027)
11.4.4. Market Revenue and Forecast, by Technology (2016-2027)
11.4.5. GCC
11.4.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.5.2. Market Revenue and Forecast, by Operation Method (2016-2027)
11.4.5.3. Market Revenue and Forecast, by End-User (2016-2027)
11.4.5.4. Market Revenue and Forecast, by Technology (2016-2027)
11.4.6. North Africa
11.4.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.6.2. Market Revenue and Forecast, by Operation Method (2016-2027)
11.4.6.3. Market Revenue and Forecast, by End-User (2016-2027)
11.4.6.4. Market Revenue and Forecast, by Technology (2016-2027)
11.4.7. South Africa
11.4.7.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.7.2. Market Revenue and Forecast, by Operation Method (2016-2027)
11.4.7.3. Market Revenue and Forecast, by End-User (2016-2027)
11.4.7.4. Market Revenue and Forecast, by Technology (2016-2027)
11.4.8. Rest of MEA
11.4.8.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.8.2. Market Revenue and Forecast, by Operation Method (2016-2027)
11.4.8.3. Market Revenue and Forecast, by End-User (2016-2027)
11.4.8.4. Market Revenue and Forecast, by Technology (2016-2027)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.5.2. Market Revenue and Forecast, by Operation Method (2016-2027)
11.5.3. Market Revenue and Forecast, by End-User (2016-2027)
11.5.4. Market Revenue and Forecast, by Technology (2016-2027)
11.5.5. Brazil
11.5.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.5.5.2. Market Revenue and Forecast, by Operation Method (2016-2027)
11.5.5.3. Market Revenue and Forecast, by End-User (2016-2027)
11.5.5.4. Market Revenue and Forecast, by Technology (2016-2027)
11.5.6. Rest of LATAM
11.5.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.5.6.2. Market Revenue and Forecast, by Operation Method (2016-2027)
11.5.6.3. Market Revenue and Forecast, by End-User (2016-2027)
11.5.6.4. Market Revenue and Forecast, by Technology (2016-2027)

Chapter 12. Company Profiles

12.1. Dow, H.B. Fuller Company
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Henkel AG & Co. KGaA
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. ITW
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Shin-Etsu Chemical Co. Ltd
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Chemtronics, KGaA
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Others
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions

Chapter 14. Appendix

14.1. About Us
14.2. Glossary of Terms

Purchase This Premium Research Report @ https://www.precedenceresearch.com/checkout/1102

About Us

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semiconductors, chemicals, automotive, and aerospace & defense, among different ventures, present globally.

Contact Us:

Mr. Alex

Sales Manager

Call: +1 9197 992 333

Email: sales@precedenceresearch.com

Web: https://www.precedenceresearch.com

Bloghttps://precedenceresearchnews.wordpress.com

Precedence Research

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

View all posts by Precedence Research →

Leave a Reply

Your email address will not be published. Required fields are marked *