Press release
Conformal Coatings Market Analysis 2018-2023 by Business Development and Leading Players - The Dow Chemical Industry, Henkel AG & Co. KgaA, HemiSeal, Europlasma NV
Conformal Coatings Market Share, Conformal Coatings Market Size, Conformal Coatings Market Trends, Global Conformal Coatings Marke
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10 Leading 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 Synopsis:
Conformal coatings are widely used in electronic devices to protect the devices from heat, moisture, corrosion and ultraviolet rays. These coatings are classified into acrylic, epoxy, silicone, parylene, urethane, and others.
The silicone coating is increasingly used in automotive industry due to humidity resistance, salt spray resistance and flexibility. Expanding automobile industry in the developing regions due to rising automotive production & sales coupled with improving the living standard of the consumers and is propelling the market growth.
Acrylic is the most preferred type due to its strong dielectric resistance property and ease in removing the coating. Increasing demand for electronic devices in various applications such as telecommunication, medical and automobile are propelling the market growth. These coatings are mainly used by the automotive and aerospace industry in circuit boards to prevent the corrosion of conductors. The product demand is increasing in the marine industry due to its superior properties such as high chemical resistance and humidity resistance.
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TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
continued..
LIST OF TABLES
Table 1 World Population By Major Regions (2016 To 2030)
Table 2 Global Conformal Coatings Market: By Region, 2016-2023
Table 3 North America Conformal Coatings Market: By Country, 2016-2023
Table 4 Europe Conformal Coatings Market: By Country, 2016-2023
Table 5 Asia-Pacific Conformal Coatings Market: By Country, 2016-2023
Table 7 Middle East & Africa Conformal Coatings Market: By Country, 2016-2023
Table 6 Latin America Conformal Coatings Market: By Country, 2016-2023
continued..
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Geographical Analysis:
North America was the dominant region in the global conformal coatings market due to its increasing use in the electronic devices mainly in automobile and aerospace industry. Additionally, increasing expenditure on consumer electronics mainly in home appliances, smart watches, and wireless devices.
Europe is expected to drive the market growth due to the introduction of high quality and technically advanced products. Increasing expenditure on research and development in electronics by Germany is likely to fuel the product demand in this region.
Asia Pacific region is growing substantially due to rapid urbanization and digitalization in the developing economies such as India and China. Moreover, implementation of various initiatives such as Smart City and Startup in India is encouraging the Indian companies to focus on product innovation and R&D.
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