Conformal Coating Market Size Likely to Grow $15.92 Billion By 2024
“Rising demand for conformal coatings in the consumer electronics and automotive industry ow is expected to drive the market growth over the Forecast Period�
Global Conformal Coating Market is expected to reach USD 15.92 billion by 2024, according to a new report by Grand View Research, Inc. Rising demand for conformal coatings in the consumer electronics and automotive industry ow is expected to drive the market growth over the next eight years. Access for Full Detail of Report on Conformal Coating Market: http://www.grandviewresearch.com/industry-analysis/conformal-coating-market The market is subject to volatile raw material prices. Increasing concerns regarding high VOC content in these coatings is likely to negate growth. Stringent regulations implemented by various government and federal agencies regarding VOC emissions coupled with rising penetration of water based coatings is likely to have a positive impact on demand over the forecast period.
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Growing R&D investments by major industry players to develop unique and innovative products & processing technologies such as selective needle dispensing, ultrasonic coatings and even selective film coatings is expected to simplify application procedure which in turn is expected to increase demand over the forecast period. Read Our Blogs From Same Category: http://www.grandviewresearch.com/industry/paints-coatings-and-printing-inks Further key findings from the report suggest:
Acrylic conformal coating was the largest product segment, accounting for over 40% of the overall revenue share in 2015. Superior characteristics including moisture and dust resistance provided by the product is expected to augment growth. In addition, rising demand for the product in automotive electronics is expected to propel demand over the next eight years.
Medical application accounted for a little over 16% of the overall revenue share in 2015. The growing demand for imaging and therapeutic devices is expected to drive market growth for the product in the industry. Growing use of the product in medical electronics in order to reduce risk of corrosion and heating is expected to drive growth.
Automotive industry accounted for over 20% of the total share in 2015. Technological advancement and utilization of electronic devices for entertainment, GPS and safety system is expected to aid automotive devices market demand which in turn is anticipated to augment conformal coatings growth in the industry.
Asia Pacific to account for over 55% of the overall revenue share in 2015 on account of the presence of OEMs of European and American market players. China plays a vital role with respect to manufacturing of electronics owing to
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inexpensive labour cost and low raw material cost on account of which China is expected to contribute to over 50% of the total Asia Pacific market share. 
Key players in the industry include Henkel AG & Company, KGaA, Shin-Etsu Chemical Co., Ltd., DOW Corning, H. B. Fuller, Chase Corporation, Electrolube, MG Chemicals and Chemtronics.
Table of Conformal Coating Market Research Report: Chapter 1 Methodology and Scope 1.1 Research Methodology 1.2 Research Scope & Assumptions 1.3 List of Data Sources Chapter 2 Executive Summary Chapter 3 Conformal Coatings Industry Outlook 3.1 Conformal coating market segmentation 3.2 Conformal coating market size and growth prospects, 2013 - 2024 3.3 Conformal coatings value chain analysis 3.3.1 Vendor landscape 3.4 Raw material outlook 3.4.1 Conformal coatings 3.4.1.1 Water-based resins 3.4.1.2 Volatile organic compounds 3.5 Regulatory framework 3.6 Conformal coating market dynamics 3.6.1 Market driver analysis 3.6.1.1 Growing demand for reliable electronics devices & equipment 3.6.1.2 Increasing automation across end-use industries 3.6.2 Market restraint analysis
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3.6.2.1 Application and preparation restraints 3.7 Conformal coatings key opportunities prioritized 3.8 Conformal coatings Porter’s analysis 3.9 Conformal coatings competitive scenario 3.10 Conformal coatings PESTEL analysis Chapter 4 Conformal Coatings Product Outlook 4.1 Global conformal coating market revenue share by product, 2015 & 2024 4.2 Acrylic 4.2.1 Acrylic conformal coating market demand, 2013 - 2024 (USD Million) 4.2.2 Global acrylic conformal coating market demand, by region, 2013 2024 (USD Million) 4.3 Epoxy 4.3.1 Global epoxy conformal coating market demand, 2013 - 2024 (USD Million) 4.3.2 Global epoxy conformal coating market demand, by region, 2013 2024 (USD Million) 4.4 Urethane 4.4.1 Global urethane conformal coating market demand, 2013 - 2024 (USD Million) 4.4.2 Global conformal coating market demand, by region, 2013 - 2024 (USD Million) 4.5 Silicone 4.5.1 Global silicone conformal coating market demand, 2013 - 2024 (USD Million) 4.5.2 Global silicone conformal coating market demand, by region, 2013
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- 2024 (USD Million) 4.6 Parylene 4.6.1 Global parylene conformal coating market demand, 2013 - 2024 (USD Million) 4.6.2 Global silicone conformal coating market demand, by region, 2013 - 2024 (USD Million) Chapter 5 Conformal Coatings Application Outlook 5.1 Global conformal coating market revenue share by application, 2015 & 2024 5.2 Consumer Electronics 5.2.1 Global conformal coating market demand in consumer electronics, 2013 - 2024 (USD Million) 5.2.2 Global conformal coating market demand in electronics, by region, 2013 - 2024 (USD Million) 5.3 Automotive 5.3.1 Global conformal coating market demand in automotive application, 2013 - 2024 (USD Million) 5.3.2 Global conformal coating market demand in automotive application, by region, 2013 - 2024 (USD Million) 5.4 Medical 5.4.1 Global conformal coating market demand in medical application, 2013 - 2024 (USD Million) 5.4.2 Global conformal coating market demand in medical application, by region, 2013 - 2024 (USD Million) 5.5 Aerospace & Defense 5.5.1 Global conformal coating market demand in aerospace & defense application, 2013 - 2024 (USD Million)
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5.5.2 Global conformal coating market demand in aerospace & defense application, by region, 2013 - 2024 (USD Million) 5.6 Others 5.6.1 Global conformal coating market demand in other applications, 2013 - 2024 (USD Million) 5.6.2 Global conformal coating market demand in other applications, by region, 2013 - 2024 (USD Million) Chapter 6 Conformal Coatings Regional Outlook 6.1 Global conformal coating market revenue shares by region, 2015 & 2024 6.2 North America 6.2.1 North America conformal coating market estimates and forecast, 2013 - 2024 (USD Million) 6.2.2 North America conformal coating market, by product, 2013 - 2024 (USD Million) 6.2.3 North America conformal coating market, by application, 2013 2024 (USD Million) 6.2.4 U.S. 6.2.4.1 U.S. conformal coating market estimates and forecast, 2013 2024 (USD Million) 6.2.4.2 U.S. conformal coating market, by product, 2013 - 2024 (USD Million) 6.2.4.3 U.S. conformal coating market, by application, 2013 - 2024 (USD Million) 6.3 Europe 6.3.1 Europe conformal coating market estimates and forecast, 2013 2024 (USD Million)
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6.3.2 Europe conformal coating market, by product, 2013 - 2024 (USD Million) 6.3.3 Europe conformal coating market, by application, 2013 - 2024 (USD Million) 6.3.4 Germany 6.3.4.1 Germany conformal coating market estimates and forecast, 2013 - 2024 (USD Million) 6.3.4.2 Germany conformal coating market, by product, 2013 - 2024 (USD Million) 6.3.4.3 Germany conformal coating market, by application, 2013 2024 (USD Million) 6.3.5 United Kingdom 6.3.5.1 UK conformal coating market estimates and forecast, 2013 2024 (USD Million) 6.3.5.2 UK conformal coating market, by product, 2013 - 2024 (USD Million) 6.3.5.3 UK conformal coating market, by application, 2013 - 2024 (USD Million) 6.4 Asia Pacific 6.4.1 Asia Pacific conformal coatings estimates and forecast, 2012-2022, (USD Million) 6.4.2 Asia Pacific conformal coating market, by product, 2013 - 2024 (USD Million) 6.4.3 Asia Pacific conformal coating market, by application, 2013 - 2024 (USD Million) 6.4.4 China 6.4.4.1 China conformal coating market estimates and forecast, 2013
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- 2024 (USD Million) 6.4.4.2 China conformal coating market, by product, 2013 - 2024 (USD Million) 6.4.4.3 China conformal coating market, by application, 2013 - 2024 (USD Million) 6.4.5 Japan 6.4.5.1 Japan conformal coating market estimates and forecast, 2013 - 2024 (USD Million) 6.4.5.2 Japan conformal coating market, by product, 2013 - 2024 (USD Million) 6.4.5.3 Japan conformal coating market, by application, 2013 - 2024 (USD Million) 6.4.6 India 6.4.6.1 India conformal coating market estimates and forecast, 2013 2024 (USD Million) 6.4.6.2 India conformal coating market, by product, 2013 - 2024 (USD Million) 6.4.6.3 India conformal coating market, by application, 2013 - 2024 (USD Million) 6.5 Latin America 6.5.1 Latin America conformal coating market estimates and forecast, 2013 - 2024 (USD Million) 6.5.2 Latin America conformal coating market, by product, 2013 - 2024 (USD Million) 6.5.3 Latin America conformal coating market, by application, 2013 2024 (USD Million) 6.5.4 Brazil
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6.5.4.1 Brazil conformal coating market estimates and forecast, 2013 - 2024 (USD Million) 6.5.4.2 Brazil conformal coating market, by product, 2013 - 2024 (USD Million) 6.5.4.3 Brazil conformal coating market, by application, 2013 - 2024 (USD Million) 6.6 Middle East & Africa 6.6.1 MEA conformal coating market estimates and forecast, 2013 - 2024 (USD Million) 6.6.2 MEA conformal coating market, by product, 2013 - 2024 (USD Million) 6.6.3 MEA conformal coating market, by application, 2013 - 2024 (USD Million) Chapter 7 Competitive Landscape 7.1 Henkel AG & Company, KGaA 7.1.1 Company Overview 7.1.2 Financial Performance 7.1.3 Product Benchmarking 7.1.4 Strategic Initiatives 7.2 Chemtronics 7.2.1 Company Overview 7.2.2 Financial Performance 7.2.3 Product Benchmarking 7.3 Shin-Etsu Chemical Co., Ltd. 7.3.1 Company Overview 7.3.2 Financial Overview 7.3.3 Product Benchmarking
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7.3.4 Strategic Initiatives 7.4 DOW Corning 7.4.1 Company Overview 7.4.2 Financial Performance 7.4.3 Product Benchmarking 7.5 H.B. Fuller 7.5.1 Company Overview 7.5.2 Financial Performance 7.5.3 Product Benchmarking 7.6 Chase Corporation 7.6.1 Company Overview 7.6.2 Financial Performance 7.6.3 Product Benchmarking 7.6.4 Strategic Initiatives 7.7 Electrolube 7.7.1 Company Overview 7.7.2 Financial Performance 7.7.3 Product Benchmarking 7.8 Europlasma NV 7.8.1 Company Overview 7.8.2 Financial Performance 7.8.3 Product Benchmarking 7.9 MG Chemicals 7.9.1 Company Overview 7.9.2 Financial Performance 7.9.3 Product Benchmarking 7.10 Kisco Conformal Coatings LLC
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7.10.1 Company Overview 7.10.2 Financial Performance 7.10.3 Product Benchmarking 7.11 Dymax Corporation 7.11.1 Company Overview 7.11.2 Financial Performance 7.11.3 Product Benchmarking 7.12 Altana AG Electrical Insulation 7.12.1 Company Overview 7.12.2 Financial Performance 7.12.3 Product Benchmarking 7.13 ACC Silicones Ltd. 7.13.1 Company Overview 7.13.2 Financial Performance 7.13.3 Product Benchmarking 7.13.4 Strategic Initiatives 7.14 CSL Silicones Inc. 7.14.1 Company Overview 7.14.2 Financial Performance 7.14.3 Product Benchmarking 7.15 Aalpha Conformal Coatings 7.15.1 Company Overview 7.15.2 Financial Performance 7.15.3 Product Benchmarking
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About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519 Email: sales@grandviewresearch.com Web – http://www.grandviewresearch.com/
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