Stratview Research has published a new report titled “Conformal Coating Market” which is segmented by Type (Acrylic, Silicone, Epoxy, Urethane, Parylene, and Others), by End-Use Industry Type (Consumer Electronics, Automotive, Aerospace & Defense, Industrial, Telecommunication, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
As per the study, conformal Coating market is likely to witness a CAGR of 5.5% during the forecast period. The prime factor that is driving the conformal coating market is its growing demand from the global PCB industry.
Report Highlights
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides thorough analysis of the market segments which include products, applications, and competitor analysis.
The market is bifurcated into various segments. Below given is the segment-wise analysis -
Based on the type, the market is segmented as acrylic, silicone, epoxy, urethane, parylene, and others. Acrylic coating dominated the market in 2019, and is expected to maintain its position during the forecast period. Acrylic coatings are widely used in consumer electronics, aerospace & defense, and automotive industries, leading to its dominance in the global conformal coatings market.
Based on the end-use industry type, the conformal coating market is segmented as consumer electronics, automotive, aerospace & defense, industrial, telecommunication, and others. The consumer electronics segment held the largest share of the market in 2019, and is also expected to witness a healthy growth during the forecast period. Significant economic development in the emerging economies along with the growing disposable income of consumer is the major factor behind the dominance of the consumer electronics segment.
Which Region is expected to remain the largest market?
In terms of regions, North America is expected to remain the largest market during the forecast period, mainly driven by the USA. Asia-Pacific is estimated to be the fastest-growing market for conformal coatings during the forecast period. China, Japan, South Korea, Taiwan, and India are the key countries driving the growth of the region’s market. Significant economic development in the region is paving the path of transportation, electricals & electronics, medical, and industrial sectors, leading to a higher demand for conformal coating in the region.
Who are the Key Players in the Market?
This report provides market intelligence in the most comprehensive way. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players activen in the Conformal Coating Market:
· Henkel AG & Company
· KGaA
· Illinois Tool Work
· Shin-Etsu Chemical Co., Ltd.
· The Dow Chemical Company
· H.B. Fuller Company
· Chase Corporation
· Electrolube Limited
· Dymax Corporation
· MG Chemical
· Specialty Coating System
Key questions answered by the report
- What is the projected CAGR for revenue from the Conformal Coating Market during the forecast period?
- What would be the market be valued at by 2026?
- What is a major driving factor for growth of the market?
- Which region accounted for largest revenue share in the Conformal Coating Market?
- Which are the major market players?
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The Electronics Conformal Coating report includes specific segments by region (country), by manufacturers, by Type and by Application.
Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027.
Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Download FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/69643/global-electronics-conformal-coating-2021-392Electronics Conformal Coating Segment by Type: SiliconeParyleneAcrylicUrethaneEpoxyOthers Consumer ElectronicsAutomotiveAerospace & DefenseElectronics Conformal Coating By Company: Chase CorporationHenkelDOW CorningDymax CorporationCytec SolvayElectrolubeH.B.
FullerHernonKiscoChemtronicsEuroplasma NVELANTAS Electrical InsulationMG ChemicalsACC SiliconesCSL Silicones North AmericaEuropeChinaJapanElectronics Conformal Coating Consumption by Region: North AmericaU.S.CanadaEuropeGermanyFranceU.K.ItalyRussiaAsia-PacificChinaJapanSouth KoreaIndiaAustraliaTaiwanIndonesiaThailandMalaysiaPhilippinesVietnamLatin AmericaMexicoBrazilArgentinaMiddle East & AfricaTurkeySaudi ArabiaU.A.EGet the Complete Report & TOC @ https://www.24chemicalresearch.com/reports/69643/global-electronics-conformal-coating-2021-392CONTACT US:North Main Road Koregaon Park, Pune, India - 411001.International: +1(646)-781-7170Asia: +91 9169162030Email: [email protected] Us On linkedin :- https://www.linkedin.com/company/24chemicalresearch/
The global Conformal Coating Market is estimated to attain close to USD 16 billion by 2024.
Industries, such as automotive and consumer electronics can propel this market from 2016 to 2024 (forecast period).Conformal coatings are thin polymeric films which protect electronic components against chemicals and various other environmental effects.
Most industry players focus on novel technologies to simplify the application procedure.
Technologies such as ultrasonic coatings, selective coatings, and selective needle dispensing may catapult market demand over the forecast period.Browse Details of Report @ https://www.hexaresearch.com/research-report/conformal-coating-marketThe global conformal coating market is segmented on the basis of products, end-users, and regions.
Based on products, the segments are parylene, urethane, silicone, epoxy, acrylic, and others.
Superior surface adhesion rate & moisture resistance exhibited by these coatings can fuel its demand over the next eight years.
A Conformal coating is a protective chemical coating or polymer film 25–75?m thick (50?m typical) that ‘conforms’ to the circuit board topology.
Its purpose is to protect electronic circuits from harsh environments that may contain moisture and or chemical contaminants.Conformal Coatings are mainly classified into the following types: Acrylics, Polyurethane, Others.
Acrylic is the most widely used type which takes up about 38.23% of the total in 2017 in Global.Geographically, the consumption market is leading by North America, Europe and China, sales in Asia Pacific regions like China, Japan, Southeast Asia and India will see significant growth in future period.
In terms of year 2017, China holds the largest market share, with about 613.34 Million USD sales revenue,Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-conformal-coatings-2019-2024-173According to this study, over the next five years the Conformal Coatings market will register a 5.2% CAGR in terms of revenue, the global market size will reach US$ 3180 million by 2024, from US$ 2470 million in 2019.
In particular, this report presents the global market share (sales and revenue) of key companies in Conformal Coatings business, shared in Chapter 3.This report presents a comprehensive overview, market shares, and growth opportunities of Conformal Coatings market by product type, application, key manufacturers and key regions and countries.This study considers the Conformal Coatings value and volume generated from the sales of the following segments:Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.SiliconeParyleneAcrylicUrethaneEpoxyOthersSegmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.Consumer ElectronicsAutomotiveAerospace & DefenseMedicalOthersThis report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.AmericasUnited StatesCanadaMexicoBrazilAPACChinaJapanKoreaSoutheast AsiaIndiaAustraliaEuropeGermanyFranceUKItalyRussiaSpainMiddle East & AfricaEgyptSouth AfricaIsraelTurkeyGCC CountriesThe report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.
The key manufacturers covered in this report: Breakdown data in in Chapter 3.Chase CorporationHenkelDOW CorningDymax CorporationCytec SolvayElectrolubeH.B.
