The global Conformal Coating market was valued at US$ 2752.2 million in 2020 and it is expected to reach US$ 3966.7 million by the end of 2027, growing at a CAGR of 5.3% during 2021-2027.
A conformal coating is a very thin protective material applied to a printed circuit board (PCB) on which a plug-in component has been soldered. It can enhance the moisture-proof and anti-fouling ability of electronic circuits and components and prevent erosion of solder joints and conductors. It can also play a role in shielding and eliminating electromagnetic interference and preventing short-circuit of the circuit, and improve the insulation performance of circuit boards. In addition, the protective coating film is also beneficial to the friction and solvent resistance of the circuit and components, and can release the pressure caused by periodic changes in temperature, improve the stability of electronic products, and extend the service life.
Geographically, the consumption market is leading by North America, Europe and China, sales in Asia Pacific regions like China, Japan, Southeast Asia and India will see significant growth in future period. In terms of year 2017, China holds the largest market share, with about 613.34 Million USD sales revenue, followed by North America, with about 27.67% market share in 2017. Europe will keep playing important role in Global market.
Global Conformal Coating Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Conformal Coating Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Chase Corporation, Henkel, DOW Corning, Dymax Corporation, Cytec Solvay, Electrolube, H.B. Fuller, Hernon, Kisco, Chemtronics, Europlasma NV, Elantas Electrical Insulation, MG Chemicals, ACC Silicones, CSL Silicones and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-conformal-coating-market-outlook
Segment by Type
Segment by Application
- Consumer Electronics
- Aerospace & DefenseSource
Table of Content:
1 Conformal Coating Market Overview
2 Conformal Coating Market Competition by Manufacturers
3 Conformal Coating Retrospective Market Scenario by Region
4 Global Conformal Coating Historic Market Analysis by Type
5 Global Conformal Coating Historic Market Analysis by Application
6 Key Companies Profiled
7 Conformal Coating Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Conformal Coating Market Dynamics
10 Global Conformal Coating Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.