Conformal Coating Market Forecasts and Growth Opportunity By Industry Players: Henkel, Illinois Tool Work, Shin-Etsu Chemicals, Dow, H.B. Fuller, Chase Corporation, Electrolube and Others.

According to Market Study Report, Conformal Coating Market provides a comprehensive analysis of the Conformal Coating Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry. This report also provides market landscape and market share information in the Conformal Coating Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Conformal Coatings Market is estimated to be US$ 977 Million in 2020 and is expected to reach US$ 1,265 Million by 2025 at CAGR of 5.3%. This report spread across 117 Pages, Profiling 10 Companies and Supported with 89 Tables and 26 figures are now available in this research.

Top Companies profiled in the Conformal Coating Market:
o Henkel (Germany)
o Illinois Tool Work (US)
o Shin-Etsu Chemicals (Japan)
o Dow (US)
o H.B. Fuller (US)
o Chase Corporation (US)
o Electrolube (UK)
o Dymax Corporation (US)
o MG Chemicals (Canada)
o Specialty Coatings System (US)

"Telecommunication is the fastest-growing end-use in the conformal coatings market."
The introduction of 5G has brought the need for the development of communication infrastructure. The commercial use of 5G worldwide is expected to bring endless opportunities for upstream and downstream industries. PCB majorly has four areas of application during the construction of a communication network, namely wireless network, transmission network, data communication, and fixed-line broadband. Similarly, for the construction of 5G infrastructure, various types of PCBs are required such as PCB backplanes, high-frequency PCB and high-speed multilayer PCBs.

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"Acrylic conformal coating is the largest type for conformal coating."
Acrylic conformal coatings are transparent insulating and quick-drying acrylic-based coatings. These are easy to apply and do not require special equipment for application. Acrylic coatings account for alarge share of the conformal coatings market, with wide applications in electronics. These coatings protect electric circuits from moisture, dirt, dust, thermal shocks, and scratches that could corrode, short circuit, or otherwise damage the electronic component. They also provide insulation against high-voltage and static discharges.

"APAC is expected to be the fastest-growing market for conformal coating during the forecast period."
APAC is expected to be the fastest-growing market during the forecast period. Due to the presence of huge volume of PCB manufacturers in the region, the demand for conformal coating is expected to grow. Apart from that India is projected to have a rapidly growing consumer electronics market in the coming years due to the rising middle class and increasing disposable income.

Breakdown of primary participants' profile:
o By Company Type - Tier 1 - 55%, Tier 2 - 30%, and Tier 3 - 15%
o By Designation - C level - 45%, Director level - 35%, and Others - 20%
o By Region - APAC - 40%, Europe - 30%, North America - 25%, and Rest of World - 5%

Competitive Landscape of Conformal Coating Market:
1 Introduction
2 Competitive Scenario
2.1 Investment & Expansion
2.2 Merger & Acquisition
2.3 New Product Launch
3 Market Share Analysis

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Research Coverage:
This research report categorizes the global conformal coating market on the basis of type, end-use, and region. The report includes detailed information regarding the major factors influencing the growth of the market, such as drivers, restraints, challenges, and opportunities. The detailed analysis of key market players provides insights into business overviews, products & services, key strategies, investments & expansions, mergers & acquisitions, and recent developments in the market.

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