Conformal Coatings Market Set to Exceed by $17.3 Billion by 2026 | CAGR: 5.8%
Forecast to 2020
global conformal coatings market size is expected to reach USD 17.3 billion by 2026
“Conformal Coatings Market Share, Size, Trends, Industry Analysis Report, By Material Type (Acrylic, Epoxy, Urethane, Silicon, Parylene, and Others); By End-use (Consumer Electronics, Automotive, Aerospace & Defense, Industrial, Marine, Medical, and Others), By Regions, Segments & Forecast, 2019 - 2026” The global conformal coatings market size is expected to reach USD 17.3 billion by 2026, growing at a CAGR of 5.8% during the forecast period according to a new study published by Polaris Market Research. It provides a thorough and detailed analysis about the market with an overview of present trends and future insights. Conformal coatings are a protective cover that could be a polymer or a chemical film which is applied on electronic circuits to give them long-lasting protection from moisture content and chemical contaminants in the air. These products maintain insulation cover, ensure continuity of circuit board components and oversee functional integrity of the circuit board. Research Report On Conformal Coatings Market Analysis: https://www.polarismarketresearch.com/industry-analysis/conformal-coatings-market/ Huge market for consumer electronics, rapid strides in medical equipment and emergence of driverless cars are some of the important factors driving conformal coatings industry. Furthermore, rise in disposable incomes and dependence on sleek electronic devices such as mobile phones, laptops and other gadgets have fueled the growth of particular products that are mandatorily used in electronic components. Automotive is one of the most far-reaching segments for these products. The development of hybrid cars is consistently empowered by technology and witnesses comfortably high growth rate being touted as an energy-efficient alternative. Electric cars and hybrid vehicles could give a more comfortable ride, optimum fuel efficiency and use more electronic gadgets, giving rise to sophistication that are the foundation of EV’s. Initially, these products were the mainstays in medical and military products but with high cost per unit. But, with innovations and with rise of material science, prices have reduced considerably over the last few years. Recent technological nuances in the market include low viscosity solvent free conformal coating, parylene-like hydrophobic conformal coating, and single component conformal coating material to protect sensitive information on PCB’s.
These products are unique based on their material of formulation. These coatings are used, bringing to the fore their characteristics and required efficiency. Acrylic conformal coating is the largest product segment by material. Polyurethane, epoxy and parylene are amongst the fast-growing segments. -2-
global conformal coatings market size is expected to reach USD 17.3 billion by 2026
Most of the product manufacturers, device fabricators and Printed circuit board (PCB) assemblers favor conformal coatings for economic and environmental reasons though solvent based ones prop up performance. A move towards green chemicals has certain resins moving at a faster rate as compared to traditional ones such as acrylics. The key players operating in the conformal coatings market includes Electrolube, Kisco Conformal Coatings, H.B. Fuller, Chase Corporation, Henkel AG & KGaA, Illinois Tool Works and Dow Corning.
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Table of Contents 1. Overview and Scope 1.1. Research goal & scope 1.2. Research assumptions 1.3. Research Methodology 1.3.1. Primary data sources 1.3.2. Secondary data sources 1.4. Key take-away 1.5. Stakeholders 2. Executive Summary 2.1. Market Definition 2.2. Market Segmentation 3. Conformal Coatings Market Insights 3.1. Conformal coatings industry snapshot 3.2. Conformal coatings value chain & distribution analysis -3-
global conformal coatings market size is expected to reach USD 17.3 billion by 2026
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3.3. Conformal coatings raw material analysis 3.4. Conformal coatings technology outlook 3.5. Conformal coatings market dynamics 3.5.1. Conformal coatings Market driver analysis 3.5.2. Conformal coatings Market restraint/challenges analysis 3.5.3. Conformal coatings Market opportunity analysis 3.6. Industry analysis - Porter's five force 3.6.1. Bargaining power of supplier 3.6.2. Bargaining power of buyer 3.6.3. Threat of substitute 3.6.4. Threat of new entrant 3.6.5. Degree of competition 3.7. Conformal coatings market PEST analysis, 2017 3.8. Conformal coatings industry trends 3.9. Competitive company ranking analysis Conformal Coatings Market Size and Forecast by Material Type 4.1. Key Findings 4.2. Acrylic 4.3. Epoxy 4.4. Urethane 4.5. Silicon 4.6. Parylene 4.7. Others Conformal Coatings Market Size and Forecast by End-Use Type 5.1. Key Findings 5.2. Consumer Electronics 5.3. Automotive 5.4. Aerospace & Defense 5.5. Industrial 5.6. Marine 5.7. Medical 5.8. Others Conformal coatings Market Size and Forecast by Regions 6.1. Key findings 6.2. North America 6.2.1. U.S. 6.2.2. Canada 6.3. Europe 6.3.1. Germany 6.3.2. UK 6.3.3. France 6.4. Asia Pacific 6.4.1. China 6.4.2. India 6.4.3. Japan 6.5. Latin America 6.5.1. Brazil 6.5.2. Mexico 6.6. Middle East & Africa Company Profiles 7.1. Electrolube 7.1.1. Overview -4-
global conformal coatings market size is expected to reach USD 17.3 billion by 2026
7.1.2. Financials 7.1.3. Product Benchmarking 7.1.4. Recent Developments 7.2. Kisco Conformal Coatings 7.2.1. Overview 7.2.2. Financials 7.2.3. Product Benchmarking 7.2.4. Recent Developments 7.3. B. Fuller 7.3.1. Overview 7.3.2. Financials 7.3.3. Product Benchmarking 7.3.4. Recent Developments 7.4. Dow Corning 7.4.1. Overview 7.4.2. Financials 7.4.3. Product Benchmarking 7.4.4. Recent Developments 7.5. Sherwin-Williams Company 7.5.1. Overview 7.5.2. Financials 7.5.3. Product Benchmarking 7.5.4. Recent Developments 7.6. AG & KGaA 7.6.1. Overview 7.6.2. Financials 7.6.3. Product Benchmarking 7.6.4. Recent Developments 7.7. Kansai Paint Company Ltd. 7.7.1. Overview 7.7.2. Financials 7.7.3. Product Benchmarking 7.7.4. Recent Developments 7.8. The Valspar Corporation 7.8.1. Overview 7.8.2. Financials 7.8.3. Product Benchmarking 7.8.4. Recent Developments 7.9. Jotun Group 7.9.1. Overview 7.9.2. Financials 7.9.3. Product Benchmarking 7.9.4. Recent Developments 7.10. Akzonobel NV 7.10.1. Overview 7.10.2. Financials 7.10.3. Product Benchmarking 7.10.4. Recent Developments Access Press Release on Conformal Coatings Market https://www.polarismarketresearch.com/press-releases/conformal-coatings-market
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global conformal coatings market size is expected to reach USD 17.3 billion by 2026
About Polaris Market Research Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. E mail Id: sales@polarismarketresearch.com Web: www.polarismarketresearch.com Official Blog: https://cmfe-market-research-report.blogspot.com/
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