Electronics Conformal Coating Market Forecast(2021 - 2026)
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• Electronics Conformal Coating Market size is forecast to reach $1.290 billion by 2026, growing at a CAGR of 6.1% in the period 2021-2026. • The Electronics Conformal Coating is a protective coating or polymer, designed to protect the circuit board topology and other electronic components from corrosion, and enhance the service life. • The growth of the Electronics Conformal Coating Industry is primarily driven by the intensifying demand of miniaturized electronics, circuitry and various advanced PCB-related applications. • Due to the remarkable combination of superior performance and reliability of conformal coatings solution, several industry verticals such as defense & aerospace, marine, automotive and electronic are adopting the right level of protection. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Key Takeaways • Asia Pacific dominated the Electronics Conformal Coating Market in 2020 with a share of 39%, owing to the growing consumer electronics market, which leads to potential venture of significant number of PCB manufacturers, such as Ascent Circuits Pvt. Ltd, Kawasaka Process Co., Ltd, AC Synergy PTE Ltd in the region. • The Acrylic coating type is analyzed to register the highest share in 2020, and grow at a CAGR of 5.6% during the forecast period, owing to the fair elasticity and general protection to the board's components and wide array of applications. • The constant evolution of premium capabilities of medical components to monitor, diagnose and treat patients has accelerated the demand of Parylene conformal coatings for aiming biostable and biocompatible design, which eventually drive the growth of market. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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By Distribution Channel- Segment Analysis
• By Types, the Electronics Conformal Coating Market is segmented into Acrylic, Polyurethane, Hybrid, Silicone, Epoxy and Others. The Acrylic coating type is analyzed to register the highest share in 2020, and grow at a CAGR of 5.6% during the forecast period, owing to the fair elasticity and general protection to the board's components and wide array of applications. The Acrylic coating is easily applied and removed and also, considered to be an affordable option in comparison to others for various end users. In March 2021, a leading global supplier of liquid and powder coatings, Axalta introduced Imron Industrial 2100 HG-C high-gloss clearcoat into its existing high-performance Imron Industrial portfolio in North America. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Electronics Conformal Coating Market Industry Outlook • Dow • Henkel • Chase Corporation • H.B. Fuller • Electrolube Limited • Shin-Etsu Chemical Company Ltd. • Henkel AG & Co • Dymax Corp. • Quantum Silicones Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Electronics Conformal Coating Market Forecast(2021 - 2026) Learn More About the Report
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Contact: (+1) 970-2363677 Email: sales@industryarc.com
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