Conformal Coatings Market to Reach $ 13.91 Billion By 2023 | Electrolube, Chase Manhattan Corporation, ITW Chemtronics, Henkel, Shin-Etsu Chemical, MG Chemicals, H.B. Fuller, Dymax Corporation and Dow Corning

The Conformal Coatings Market was worth USD 9.26 billion in 2014 and is expected to reach approximately USD 13.91 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 4.62% during the forecast period.

Conformal Coatings Market - Competitive Insights:

The leading players in the market are Electrolube, Chase Manhattan Corporation, ITW Chemtronics, Henkel, Shin-Etsu Chemical, MG Chemicals, H.B. Fuller, Dymax Corporation and Dow Corning. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

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Conformal Coatings Market - Industry Outlook and Trend Analysis:

Developing demand of the product from consumer electronics industry, keeping in mind the end goal to protect printed circuit boards from moisture, dust, heating, and other environmental effects is foreseen to boost the market development over the figure period. The demand of the product in the U.S. in esteemed at USD 2.15 billion in 2016. The high share of the overall industry of the nation is credited to the presence of well-established automotive, electronics and aerospace & defence industry. Developing demand for durable coatings with better corrosion protection is foreseen to boost the industry development.

Conformal Coatings Market - Product Outlook and Trend Analysis:

Acrylic is expected to be the quickest developing product portion, advancing at a CAGR of 6.0%. The high development rate of the section is credited to its unrivalled properties, for example, easy application and removal for reworking, moisture resistance, which make acrylic the favoured choice for work in end-use applications. Epoxy conformal coatings are profoundly resistant to solvents and have dielectric properties, which are appropriate for applications in electronic gadgets on printed circuit boards.

Conformal Coatings Market - Market Classification:

Conformal Coatings Market, By Product, Estimates and Forecast, 2014-2023 ($Million)

Acrylic
Epoxy
Urethane
Silicone
Parylene

Conformal Coatings Market, By Application, Estimates and Forecast, 2014-2023 ($Million)

Consumer Electronics
Automotive
Medical
Aerospace & Defense
Other Applications

Conformal Coatings Market - Application Outlook and Trend Analysis:

Conformal coatings are used in the production of automotive electronics, as they help with easing the vibrations and mechanical pressure. Developing car part particularly in Asia Pacific and rising customer interest for improved driving experience is probably going to enlarge the product interest for automotive electronic devices over the estimate time frame. The demand of the product in medical application is foreseen to rise at an astounding CAGR over the estimate time frame.

Conformal Coatings Market - By Region:

North America - U.S, Canada, Mexico

Europe - Germany, France, UK, Italy, Spain, Rest of Europe

Asia-Pacific - Japan, China, Australia, India, South Korea, Rest of Asia Pacific

Rest of the World - Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others

Conformal Coatings Market - Regional Outlook and Trend Analysis:

Asia Pacific is foreseen to be the quickest developing regional market, growing at a significant CAGR over the estimate time frame. High interests in the hardware part in the Taiwan, China, Japan and South Korea is required to drive demand of the product. Moreover, quick development of automotive and consumer electronics fabricating area in India is probably going to drive product development in the locale.

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Conformal Coatings Market - Table of Contents:

1.Introduction
1.1.Report Description
1.2.Research Methodology
2.Executive Summary
2.1.Key Highlights
3.Market Overview
3.1.Introduction
3.2.Market Dynamics
4.Market Analysis by Regions
4.1.North America (United States, Canada and Mexico)
4.2.Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.3.Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.4.South America (Brazil, Argentina, Columbia and Rest of South America)
4.5.Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
5.Conformal Coatings Market, By Product
5.1.Introduction
5.2.Global Conformal Coatings Sales, Revenue and Market Share by Product (2014-2018)
5.2.1.Global Conformal Coatings Sales and Sales Share by Product (2014-2018)
5.2.2.Global Conformal Coatings Revenue and Revenue Share by Product (2014-2018)
5.3.Acrylic
5.3.1.Global Acrylic Sales and Growth Rate (2014-2018)
5.4.Epoxy
5.4.1.Global Epoxy Sales and Growth Rate (2014-2018)
5.5.Urethane
5.5.1.Global Urethane Sales and Growth Rate (2014-2018)
5.6.Silicone
5.6.1.Global Silicone Sales and Growth Rate (2014-2018)
5.7.Parylene
5.7.1.Global Parylene Sales and Growth Rate (2014-2018)
6.Conformal Coatings Market, By Application
6.1.Introduction
6.2.Global Conformal Coatings Sales, Revenue and Market Share by Application (2014-2018)
6.3.Consumer Electronics
6.4.Automotive
6.5.Medical
6.6.Aerospace & Defense
6.7.Other Applications
7.Conformal Coatings Market, By Region
....

Reason to Buy -

Highlights key business priorities in order to assist companies to realign their business strategies.

The key findings and recommendations highlight crucial progressive industry trends in the Conformal Coatings market, thereby allowing players to develop effective long term strategies.

Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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