Conformal Coatings Market Dynamics and Development Trends by Profiled Leading Players include The Dow Chemical Industry, Henkel AG & Co. kgaA, Europlasma NV, H.B.Fuller Company

The global conformal coatings market is expected to advance at a steady rate and attain high growth figures over the forecast period of 2016-2023, projects Market Research Future (MRFR) in a minutely analyzed research report. Conformal coatings are applied to electronic circuit boards which provides protection against their end-user environment. Conformal coatings find application in automotive, military, consumer electronics, military, and other industries.

Receive A Sample Copy of Conformal Coatings Market Report @ https://www.marketresearchfuture.com/sample_request/5786

10 Leading Market Players:

The Dow Chemical Industry

Specialty Coatings System Inc.

Global Manufacturing Services, Inc

HemiSeal

Henkel AG & Co. kgaA

Chemtronics

H.B.Fuller Company

Electrolube

Europlasma NV

Shin-Etsu Chemical Co., Ltd

Market Scenario:

The global conformal coatings market is expanding rapidly on account of diverse application across various industry verticals and growth in end-user industries. Conformal coatings find application in the medical industry too. They are used to ensure the protection of tools and prevent them against corrosion; in pacemakers, they are used to ensure continuous performance. Conformal coatings experience inflated demand from the automotive industry. The use of electronics in vehicles is increasing and is even higher in hybrid vehicles. Safety and regulatory norms mandate the inclusion of features in cars as standard features which used to be categorized under advanced or luxury features earlier. Thus, the increase in electronic content per vehicle has resulted in the growth of the global conformal coatings market. The growth of the automotive industry, especially in developing countries is likely to propel the growth of the global conformal coatings market. Other driving factors include increasing demand from the marine industry owing to superior properties such as high chemical resistance and humidity resistance.

Get Complete Knowledge of This Report Here @ https://www.marketresearchfuture.com/reports/conformal-coatings-market-5786

Current Industry Updates

In October 2018, Aculon, Inc., a supplier of coatings and treatment for numerous applications, announced a partnership with Henkel Corporation, global electronic materials leader, to manufacture and market Aculon's nanotech-enabled waterproof conformal coatings for mobile devices.
In February 2018, Electrolube, the global manufacturer of specialist electro-chemicals, announced the launch of a new silicone conformal coatings. The coating has been specially formulated for improved edge coverage and greater thickness and provides excellent adhesion.
In February 2018, Para-Coat Technologies, a supplier of engineered coatings to the military, aerospace and medical industry, increased its capabilities by the installation of an automatic conformal coating line at its Johnstown facility.
Industry Segments:

The global conformal coatings market has been segmented based on type and end user. By type, the market has been segmented into acrylics, epoxy, urethane, silicone, parylene, and others. By end users, the market has been segmented into electronics, automobile, aerospace, marine, and others.

Make An Enquiry @ https://www.marketresearchfuture.com/enquiry/5786

Geographical Analysis

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa are the key markets for conformal coatings. North America is leading the global market for conformal coatings on account of increased demand from the aerospace and consumer electronics industry. In addition, rising sale of semiconductors and electronics manufacturing services is expected to influence the growth of the North America conformal coatings market.

Europe market for conformal coatings is strong and driven by increasing use of electronic devices in vehicles to comply with the European Union emission standards. Growing expenditure on R&D in electronics by Germany also drives the Europe market.

Asia Pacific region is expanding rapidly on account of growth in the consumer electronics industry. With the rise in disposable income in the region, the demand for consumer electronics such as smartphones, smartwatches, and other electronic devices has increased. In addition, expansion of the automobile industry in developing economies such as China, India, and South Korea has induced high demand for conformal coatings.

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.