Conformal Coatings Market Outlook to 2025 by Key Trends, Benefits, Opportunities

Felton, 11 December 2019 - This report provides in depth study of “Conformal Coatings Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Conformal Coatings Market report also provides an in-depth survey of top key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.

This report includes market status and forecast of global and major regions, with introduction of vendors, regions, product types and end industries; and this report counts product types and end industries in global and major regions.

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Market Segment:

Conformal Coatings Product Outlook (Revenue, USD Million; 2013 - 2024)

    • Acrylic

    • Epoxy

    • Urethane

    • Silicone

    • Paralyene

Conformal Coatings Application Outlook (Revenue, USD Million; 2013 - 2024)

    • Consumer Electronics

    • Automotive

    • Medical

    • Aerospace & Defense

    • Others

The global conformal coatings market size is expected to value at USD 15.73 Billion by 2024, during the forecast period. The market is subject to witness a substantial growth due to the rising demand for end-user products from customer-oriented electronics market segment. The conformal coating is implemented in electronic industries to safeguard printed circuit boards and panels from external environmental factors such as dust, moisture, heat, varying temperatures, environmental noise and other form of environmental factors. Growing competition in the conformal coating industry with substantial presence of medium-sized manufactures, large-scale production houses and suppliers are positively impacting the industry. Globally, the conformal coatings market is predicted to grow at CAGR of 5.6% in forecast period, providing numerous opportunity for market players to invest for research and development of the market.

Growth of electronic and electrical sector mainly in the developing economies across the globe is pertaining to the progress of the market. Conformal coatings offer numerous advantages in comparison with their counterparts such as assurance on better corrosion and dielectric resistance. Such advantages are playing a key role in rising demand of the conformal coating market in the electronic industry. Most common form of materials used for conformal coating is acrylic coating. The acrylic coating market segment is predicted to hold major share of the material-based segment of the market in upcoming years.

Acrylic conformal coatings are simple to apply and rework in case of emergency. They are fairly low priced compared to other types of the conformal coating with high abrasion and dielectric coefficient. The acrylic coating also provide protection from moisture and chemicals, require less time for applying coating to the electronic circuitry. Such factors are driving application specific conformal coatings market across range of industry segments. Application of the conformal coating has extended to the automotive industry as well due its vast set of benefits that puts it apart from other types coatings.

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Major Key Points in Table of Content

1 Market Definition

2 Global Market by Vendors

3 Global Market by Type

4 Global Market by End-Use / Application

5 Global Market by Regions

6 North America Market

7 Europe Market

8 Asia-Pacific Market

9 South America Market

10 Middle East & Africa Market

11 Market Forecast

12 Key Manufacturers

13 Price Overview

14 Research Conclusion

Continued….

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