Press release
Conformal Coatings Market Highlights Market Opportunities and Inventive Growth foreseen by 2023 | Top Most Key Players | Electrolube, Chase Manhattan Corporation, ITW Chemtronics, Henkel, Shin-Etsu Chemical, MG Chemicals, H.B. Fuller, Dymax Corporation an
Conformal Coatings Market
Competitive Outlook
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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Market Trend Outlook Analysis
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. 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.
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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Product Outlook and Trend Analysis - Conformal Coatings Market
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.
Market Segmentation
By Product:
Epoxy
Urethane
Acrylic
Parylene
Silicone
By Application:
Automotive
Medical
Aerospace & Defense
Consumer Electronics
Others
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
Conformal Coatings Market Offer Growth Opportunities:
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.
Competitive landscaping mapping the key common trends.
Conformal Coatings Market share Market assessments, Sales and Growth Rate for the regional and country level segments.
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Major Table of Contents:
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Share Analysis
3.3. Market Dynamics
3.3.1. Drivers
3.2.1.1. Increasing Automation Across End-User Industries
3.2.1.2. Growing Demand For Reliable Electronics Devices & Equipment
3.2.2. Restraints
3.2.2.1. Application and Preparation Restraints
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4. Market Analysis by Regions
5. Conformal Coatings Market, By Product
5.1. Introduction
5.2. Global Conformal Coatings Revenue and Market Share By Product (2014-2018)
5.2.1. Global Conformal Coatings Revenue and Revenue Share By Product (2014-2018)
5.3. Acrylic
5.3.1. Global Acrylic Revenue and Growth Rate (2014-2018)
5.4. Epoxy
5.4.1. Global Epoxy Revenue and Growth Rate (2014-2018)
5.5. Urethane
5.5.1. Global Urethane Revenue and Growth Rate (2014-2018)
5.6. Silicone
5.6.1. Global Silicone Revenue and Growth Rate (2014-2018)
5.7. Parylene
5.7.1. Global Parylene Revenue and Growth Rate (2014-2018)
6. Conformal Coatings Market, By Application
6.1. Introduction
6.2. Global Conformal Coatings Revenue and Market Share by Application (2014-2018)
6.2.1. Global Conformal Coatings Revenue and Revenue Share by Application (2014-2018)
6.3. Consumer Electronics
6.3.1. Global Consumer Electronics Revenue and Growth Rate (2014-2018)
6.4. Automotive
6.4.1. Global Automotive Revenue and Growth Rate (2014-2018)
6.5. Medical
6.5.1. Global Medical Revenue and Growth Rate (2014-2018)
6.6. Aerospace & Defense
6.6.1. Global Aerospace & Defense Revenue and Growth Rate (2014-2018)
6.7. Other Applications
6.7.1. Global Other Applications Revenue and Growth Rate (2014-2018)
....CONTINUED FOR TOC
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