Global Conformal Coatings Market: Size, Share, Growth, Segments, Industry Analysis and Forecasts 2015 - 2021

The conformal coating material is a thin polymeric film that matches to the layout of a printed circuit board to protect the components. Conformal coatings are designed to protect printed circuit boards and related equipment from various environmental conditions such as moisture, temperature, chemical damage, and others. The coating protects the track, as well as the components, mounted on the printed circuit board which leads to high power transmission and delivering of the reliable product.

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Based on their material composition, the global conformal coatings market is segmented as acrylic, silicone, parylene, urethane or polyurethane, and epoxy. On which, the parylene-type coating is widely used owing to its excellent ability to resist against vibration, intense heat, moisture, abrasion, and other conditions. On the basis of methods used in the coating process, the global market is segmented as dipping, brush coating, and spray coating. However, the dipping coating method is more reliable to use and simple to apply. Based on end-user, the global conformal coatings market is segmented as consumer electronics, automotive, medical, aerospace, and others.

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Factors such as good electrical properties, low moisture, and excellent adhesion to the PCB components are some of the characteristics which have forced the manufacturers to acquire this technology of conformal coatings. Application of conformal coatings in the aerospace industry in order to avoid the circuitry damage at harsh conditions is expected to drive the industry growth. The constant rise in demand for smartphones, laptops, and other consumer electronics, simultaneously generating the requirement for printed circuit boards, is also an indirect factor affecting the growth of the conformal coatings market. The automotive industry constantly making efforts to make the vehicle automated by using modern technologies in a miniature way along with the current demand of electronic devices in vehicles such as music players, cameras, electronic breaking devices, GPS, parking systems, and many others are the applications enabling the growth of the conformal coatings market. Conformal coatings are also applicable in medical equipment and tools in order to prevent them from corrosion. Rising demand in diverse industries due to the development of high-temperature operating products is anticipated to grow the conformal coatings demand.

Asia Pacific holds the largest conformal coatings market mainly owing to rising electronic industry. North America is anticipated to follow this trend in the conformal coatings market, which is further followed by Europe owing to high investment in aerospace and defense sector by the government.

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Some of the major companies dominating the global conformal coatings market are MG Chemicals Ltd., DOW Corning Corporation, Chase Corporation, Chemtronics, Electrolube, Nordson Corporation, Dymax Corporation, and Precision Valve & Automation, Inc. Other key players influencing the global market are Henkel AG & Co. KGaA, Shin-Etsu Chemical Co. Ltd., and Peters Group.

Conformal Coatings Market: Regional Segment Analysis

North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East and Africa

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