Press release
Conformal Coatings Market to increase rapidly by 2023 | Electrolube, Chase Manhattan Corporation, ITW Chemtronics, Henkel, Shin-Etsu Chemical, MG Chemicals
Conformal Coatings Market
Top Key Vendors:
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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The Conformal Coatings Market is segmented as follows-
By Product:
Epoxy
Urethane
Acrylic
Parylene
Silicone
By Application:
Automotive
Medical
Aerospace & Defense
Consumer Electronics
Others
Industry Outlook and Trend 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 & defense industry. Developing demand for durable coatings with better corrosion protection is foreseen to boost the industry development.
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Table of Contents:
1.Introduction
2.Executive Summary
3.Market Overview
…
5.Market, By Product
5.1.Introduction
5.2.Global Conformal Coatings Sales, Revenue and Market Share by Product (2014-2018)
5.3.Acrylic
5.4.Epoxy
5.5.Urethane
5.6.Silicone
5.7.Parylene
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
…
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.
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Regional Insights:
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
Features of Report:
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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About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
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