PUBLISHER: The Business Research Company | PRODUCT CODE: 1926002
PUBLISHER: The Business Research Company | PRODUCT CODE: 1926002
Conformal coatings are thin polymeric layers applied to printed circuit boards (PCBs) to safeguard them and their components from environmental damage and corrosion. These coatings conform to the PCB's irregular surface, enhancing operational integrity, dielectric resistance, and reliability.
The primary types of conformal coatings include acrylic, silicone, epoxy, urethane, and perylene. Acrylic coatings utilize a cross-linking system to ensure adhesion and are employed in various formulations such as organic solvent-borne, waterborne, powder, and radiation-curable types. They find applications in architectural finishes, industrial products, and decorative coatings. Technologies used in conformal coatings include water-based, solvent-based, and UV-cured methods, applied through techniques such as dip coating, brush coating, spray coating, and chemical vapor deposition. These coatings cater to various industries including automotive, consumer electronics, aerospace and defense, industrial sectors, among others.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are impacting the conformal coatings market by increasing costs of imported resins, specialty polymers, solvents, and application equipment. Electronics manufacturers in North America and Europe are most affected due to reliance on imported coating materials, while Asia-Pacific faces higher export costs for finished coated components. These tariffs are raising manufacturing costs and affecting pricing competitiveness. However, they are also driving local production of coating materials, increased R&D in alternative formulations, and adoption of efficient coating processes.
The conformal coatings market research report is one of a series of new reports from The Business Research Company that provides conformal coatings market statistics, including conformal coatings industry global market size, regional shares, competitors with a conformal coatings market share, detailed conformal coatings market segments, market trends and opportunities, and any further data you may need to thrive in the conformal coatings industry. This conformal coatings market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The conformal coatings market size has grown strongly in recent years. It will grow from $15.25 billion in 2025 to $16.57 billion in 2026 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to growth in consumer electronics manufacturing, expansion of automotive electronic systems, increasing demand for industrial control electronics, rising adoption of pcbs in harsh environments, availability of advanced polymer coatings.
The conformal coatings market size is expected to see strong growth in the next few years. It will grow to $22.74 billion in 2030 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to growing electrification of vehicles, rising investments in aerospace electronics, expansion of industrial automation systems, increasing demand for miniaturized electronics protection, growing adoption of sustainable coating technologies. Major trends in the forecast period include rising demand for pcb protection solutions, growing adoption in automotive electronics, expansion of harsh environment electronics applications, increasing use of uv-cured coatings, enhanced focus on reliability and longevity.
Increasing investments in 5G technology and telecom infrastructure are expected to drive the growth of the conformal coatings market going forward. With the rise of 5G technology, printed circuit boards are designed to ensure optimal signal integrity, impedance control, and thermal management. The growing use of PCBs in 5G technologies and telecom infrastructure supports the demand for conformal coatings, as these materials protect circuit boards, components, and other electronic devices from adverse environmental conditions. For instance, in December 2024, according to Ofcom, a UK-based communications regulator, all major mobile network operators continued deploying 5G infrastructure in 2023, with about £440 million ($0.56 billion) invested in 5G access networks, an increase of around £43 million ($0.055 billion) compared with 2022. Therefore, increasing investments in 5G technology and telecom infrastructure are expected to propel the growth of the conformal coatings market during the forecast period.
Major companies operating in the conformal coatings market are focusing on developing new UV-curable conformal coatings to strengthen their position in the market. UV-curable conformal coatings provide excellent protection for printed circuit boards (PCBs) and other electronic components. They create a protective barrier that shields the PCBs from environmental factors such as moisture, dust, chemicals, and temperature variations. For instance, in July 2024, Dow, a US-based chemical company, launched the DOWSIL CC-8000 Series UV and Dual Moisture Cure Conformal Coatings, solventless silicone coatings designed to protect electronic components in renewable energy, e-motors, power tools, and home appliances. These coatings cure rapidly through UV/LED light, with a secondary cure for shadowed areas, enabling quick production and lower energy costs compared to heat-cured materials.
In July 2023, Kohlberg Kravis Roberts & Co., a US-based global investment company, acquired Chase Corporation for US $1.3 billion. With this acquisition, KKR aims to strengthen its specialty chemicals portfolio, expand operational capabilities, support long-term growth and profitability, and enhance market reach across industrial sectors. Chase Corporation is a US-based manufacturer of specialty chemicals and related solutions serving multiple industrial applications.
Major companies operating in the conformal coatings market are Dow Inc, Shin-Etsu Chemical Co. Ltd, H.B. Fuller Company, ITW, Altana, Kisco Ltd, Chase Corp, Element Solutions Inc, Dymax, Hitachi Chemical Co. Ltd, Techspray, Electrolube, HumiSeal, Guangdong Sinpo New Materials Technology Co. Ltd, Shenzhen Anlihui Electronic Technology Co. Ltd, Shenzhen Jitian Chemical Co. Ltd, Aalpha Conformal Coatings, ACC Silicones Ltd, PVA TePla AG, Henkel AG & Co. KGaA, MG Chemicals Europe, Peters Corporation, VSi Parylene, Creative Materials, Axalta Coating Systems Brazil Ltda, Cytec Industries
Asia-Pacific was the largest region in the conformal coatings market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the conformal coatings market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the conformal coatings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The conformal coatings market consists of sales of selective coating and automated spraying methods of conformal coatings application techniques. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Conformal Coatings Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses conformal coatings market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for conformal coatings ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The conformal coatings market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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