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PUBLISHER: IMARC | PRODUCT CODE: 1287606
PUBLISHER: IMARC | PRODUCT CODE: 1287606
Conformal Coatings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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PAGES: 145 Pages
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Market Overview:
The global conformal coatings market size reached US$ 12.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 17.9 Billion by 2028, exhibiting a growth rate (CAGR) of 5.93% during 2023-2028.
A conformal coating is a thin polymeric layer used to protect printed circuit board (PCB) from corrosion, dust, chemicals and extreme environments. It conforms to the surface of PCB through brushing, spraying, dipping, and vapor deposition and helps design miniaturized electronics and circuits by allowing larger voltage gradients and closer track spacing. In addition, it extends the working life of PCB by preventing the damage from rough handling and mechanical and thermal stress. As a result, it finds applications in televisions, music players, video recorders, cameras, gaming consoles, remote cars, smartphones, computers, laptops, printers, faxes, and wearable devices worldwide.
Conformal Coatings Market Trends:
The growing utilization of conformal coatings in the aerospace industry for protecting space shuttle, aircraft communication, passive detection and satellite systems represents one of the key factors driving the market. Moreover, there is a rise in the usage of PCBs in the automotive sector to withstand high temperatures, moisture, and chemicals. This, along with the expanding application of automatic driver assistance systems (ADAS) in premium cars, is bolstering the growth of the market. In addition, increasing employment of conformal coatings in the healthcare industry to protect medical devices and equipment from thermal shocks and short circuits is positively influencing the market. Besides this, 5G networks require PCBs to prevent lost signals and delayed transmissions. This, in turn, is stimulating the market growth of conformal coatings. Additionally, the escalating demand for water-resistant electronic devices across the globe is contributing to the market growth. Furthermore, key market players are extensively investing in research and development (R&D) activities to develop cost-effective and ultra-thin coatings required in nanotechnologies, which is projected to propel the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global conformal coatings market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, technologies, operation method and end use.
Breakup by Type:
- Acrylic
- Silicone
- Epoxy
- Urethane
- Parylene
- Others
Breakup by Technologies:
- Solvent-based
- UV-cured
- Water-based
Breakup by Operation Method:
- Dip Coating
- Spray Coating
- Brush Coating
- Chemical Vapor Deposition (CVD)
Breakup by End Use:
- Consumer Electronics
- Automotive
- Medical
- Aerospace and Defense
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Altana AG, Chase Corporation, CHT Germany GmbH, Dow Inc., Dymax Corporation, Electrolube (HK Wentworth Group), Europlasma NV, H.B. Fuller Company, Henkel AG & Co. KGaA, MG Chemicals, Panacol-Elosol GmbH (Dr. Honle AG) and Shin-Etsu Chemical Co. Ltd.
Key Questions Answered in This Report:
- What was the size of the global conformal coatings market in 2022?
- What is the expected growth rate of the global conformal coatings market during 2023-2028?
- What are the key factors driving the global conformal coatings market?
- What has been the impact of COVID-19 on the global conformal coatings market?
- What is the breakup of the global conformal coatings market based on the type?
- What is the breakup of the global conformal coatings market based on the end use?
- What are the key regions in the global conformal coatings market?
- Who are the key players/companies in the global conformal coatings market?
Product Code: SR1623A364_Report
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Conformal Coatings Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Acrylic
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Silicone
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Epoxy
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Urethane
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Parylene
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
- 6.6 Others
- 6.6.1 Market Trends
- 6.6.2 Market Forecast
7 Market Breakup by Technologies
- 7.1 Solvent-based
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 UV-cured
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Water-based
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Operation Method
- 8.1 Dip Coating
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Spray Coating
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Brush Coating
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Chemical Vapor Deposition (CVD)
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
9 Market Breakup by End Use
- 9.1 Consumer Electronics
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Automotive
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Medical
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Aerospace and Defense
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Others
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Altana AG
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.1.3 SWOT Analysis
- 15.3.2 Chase Corporation
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.2.3 Financials
- 15.3.3 CHT Germany GmbH
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.4 Dow Inc.
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.4.3 Financials
- 15.3.4.4 SWOT Analysis
- 15.3.5 Dymax Corporation
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.6 Electrolube (HK Wentworth Group)
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.7 Europlasma NV
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.8 H.B. Fuller Company
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 Financials
- 15.3.8.4 SWOT Analysis
- 15.3.9 Henkel AG & Co. KGaA
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.9.3 Financials
- 15.3.9.4 SWOT Analysis
- 15.3.10 MG Chemicals
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.11 Panacol-Elosol GmbH (Dr. Honle AG)
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.12 Shin-Etsu Chemical Co. Ltd
- 15.3.12.1 Company Overview
- 15.3.12.2 Product Portfolio
- 15.3.12.3 Financials
- 15.3.12.4 SWOT Analysis
- 15.3.1 Altana AG
Product Code: SR1623A364_Report
List of Figures
- Figure 1: Global: Conformal Coatings Market: Major Drivers and Challenges
- Figure 2: Global: Conformal Coatings Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Conformal Coatings Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Conformal Coatings Market: Breakup by Type (in %), 2022
- Figure 5: Global: Conformal Coatings Market: Breakup by Technologies (in %), 2022
- Figure 6: Global: Conformal Coatings Market: Breakup by Operation Method (in %), 2022
- Figure 7: Global: Conformal Coatings Market: Breakup by End Use (in %), 2022
- Figure 8: Global: Conformal Coatings Market: Breakup by Region (in %), 2022
- Figure 9: Global: Conformal Coatings (Acrylic) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Conformal Coatings (Acrylic) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Conformal Coatings (Silicone) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Conformal Coatings (Silicone) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Conformal Coatings (Epoxy) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Conformal Coatings (Epoxy) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Conformal Coatings (Urethane) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Conformal Coatings (Urethane) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Conformal Coatings (Parylene) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Conformal Coatings (Parylene) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Conformal Coatings (Other Types) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Conformal Coatings (Other Types) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Conformal Coatings (Solvent-Based) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Conformal Coatings (Solvent-Based) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Conformal Coatings (UV-Cured) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Conformal Coatings (UV-Cured) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Global: Conformal Coatings (Water-Based) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Global: Conformal Coatings (Water-Based) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Global: Conformal Coatings (Dip Coating) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Global: Conformal Coatings (Dip Coating) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: Global: Conformal Coatings (Spray Coating) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: Global: Conformal Coatings (Spray Coating) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: Global: Conformal Coatings (Brush Coating) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: Global: Conformal Coatings (Brush Coating) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: Global: Conformal Coatings (Chemical Vapor Deposition (CVD)) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: Global: Conformal Coatings (Chemical Vapor Deposition (CVD)) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: Global: Conformal Coatings (Consumer Electronics) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: Global: Conformal Coatings (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Global: Conformal Coatings (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Global: Conformal Coatings (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: Global: Conformal Coatings (Medical) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: Global: Conformal Coatings (Medical) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: Global: Conformal Coatings (Aerospace and Defense) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: Global: Conformal Coatings (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: Global: Conformal Coatings (Other End Uses) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: Global: Conformal Coatings (Other End Uses) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: North America: Conformal Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: North America: Conformal Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: United States: Conformal Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: United States: Conformal Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: Canada: Conformal Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: Canada: Conformal Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: Asia-Pacific: Conformal Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: Asia-Pacific: Conformal Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: China: Conformal Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: China: Conformal Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: Japan: Conformal Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: Japan: Conformal Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: India: Conformal Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: India: Conformal Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: South Korea: Conformal Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: South Korea: Conformal Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: Australia: Conformal Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: Australia: Conformal Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Indonesia: Conformal Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Indonesia: Conformal Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Others: Conformal Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Others: Conformal Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Europe: Conformal Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: Europe: Conformal Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: Germany: Conformal Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 70: Germany: Conformal Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: France: Conformal Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 72: France: Conformal Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: United Kingdom: Conformal Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 74: United Kingdom: Conformal Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 75: Italy: Conformal Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 76: Italy: Conformal Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 77: Spain: Conformal Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 78: Spain: Conformal Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 79: Russia: Conformal Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 80: Russia: Conformal Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 81: Others: Conformal Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 82: Others: Conformal Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 83: Latin America: Conformal Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 84: Latin America: Conformal Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 85: Brazil: Conformal Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 86: Brazil: Conformal Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 87: Mexico: Conformal Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 88: Mexico: Conformal Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 89: Others: Conformal Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 90: Others: Conformal Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 91: Middle East and Africa: Conformal Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 92: Middle East and Africa: Conformal Coatings Market: Breakup by Country (in %), 2022
- Figure 93: Middle East and Africa: Conformal Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 94: Global: Conformal Coatings Industry: SWOT Analysis
- Figure 95: Global: Conformal Coatings Industry: Value Chain Analysis
- Figure 96: Global: Conformal Coatings Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Conformal Coatings Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Conformal Coatings Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 3: Global: Conformal Coatings Market Forecast: Breakup by Technologies (in Million US$), 2023-2028
- Table 4: Global: Conformal Coatings Market Forecast: Breakup by Operation Method (in Million US$), 2023-2028
- Table 5: Global: Conformal Coatings Market Forecast: Breakup by End Use (in Million US$), 2023-2028
- Table 6: Global: Conformal Coatings Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 7: Global: Conformal Coatings Market: Competitive Structure
- Table 8: Global: Conformal Coatings Market: Key Players
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