Market Overview:
The global conformal coating material market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for conformal coatings from the consumer electronics, automotive, medical and aerospace & defense industries. In terms of type, the acrylic segment is expected to lead the global conformal coating material market during the forecast period. This can be attributed to its properties such as good adhesion, chemical resistance and low surface energy which make it suitable for use in a wide range of applications. In terms of application, the consumer electronics segment is projected to leadthe global conformal coating material market duringthe forecast period owingtoits growing demandfrom emerging economies such as China and India.
Product Definition:
A conformal coating material is a thin, liquid-like film that is applied to the surface of an electronic component or device. The coating material helps protect the component from moisture, dust, and other contaminants that can cause damage or failure. Additionally, conformal coatings can help improve electrical performance by reducing signal interference.
Acrylic:
Acrylic is a type of polymer, which is extensively used in conformal coating materials. It has high thermal stability and low density. Acrylic polymers are widely utilized as fillers in conformal coatings on account of their excellent heat resistance, mechanical strength and chemical inertness.
Epoxy:
Epoxy is a thermosetting polymer, which contains carbon, oxygen and hydrogen. It is manufactured by the epoxidation of ethylene. Epoxy resins are used in various end-use industries including electrical & electronics, automotive and building & construction. The growing demand for energy-efficient products has led to an increase in the consumption of epoxy resins owing to their excellent insulation properties that help reduce heat loss from devices or equipment.
Application Insights:
The automotive application segment led the global conformal coating material market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to rising demand for vehicles in emerging economies such as China, India and Brazil on account of increasing disposable income, growing population, changing lifestyles along with improving infrastructure facilities.
Conformal coatings are used for manufacturing automotive body parts including instrument panels, headliners/carpets/roofs (trunk), door panels (front & rear), hoods &bonnets) owing to their properties such as high wear resistance; chemical stability; low friction coefficient; high heat shock resistance coupled with low surface energy and hydrophobic nature which helps in reducing water absorption through car¢â‚¬â„¢s fabric surfaces resulting into enhanced weatherability thereby enhancing long term durability over time.
Regional Analysis:
Asia Pacific dominated the global conformal coating material market in 2017. The region is expected to witness a CAGR of XX% from 2018 to 2030 owing to increasing foreign investments and rapid industrialization coupled with urbanization. In addition, rising disposable income levels are anticipated to drive the consumer electronics industry in APAC, thereby driving product demand.
Europe was estimated as the second-largest regional market for conformal coatings materials after Asia Pacific in 2017 owing to high automotive production rates and growing aerospace & defense sector mainly due to military budget increases across several countries including Germany, UK, Russia among others which are projectededto drive product demand over next eight years. North America is also likelyto observe steady growth on account of increasing use of these products for medical applications such as artificial joints and dental restorations among othersuch factors are expecteddetermine regional growth rate over next eight years).
Growth Factors:
- Increasing demand for conformal coatings from the automotive and electronics industries due to the growth of these industries.
- The increasing use of conformal coatings in military and aerospace applications due to the need for reliable electrical insulation and protection against environmental factors.
- The growing demand for conformal coatings from medical device manufacturers as they seek to protect their products from moisture, dust, and other contaminants.
- The increasing popularity of 3D printing which is expected to drive the demand for conformal coatings as they are used to protect 3D-printed parts from environmental factors such as humidity and temperature fluctuations.
Scope Of The Report
Report Attributes
Report Details
Report Title
Conformal Coating Material Market Research Report
By Type
Acrylic, Epoxy, Urethane, Silicone, Parylene, Others
By Application
Consumer Electronics, Automotive, Medical, Aerospace & DefenseSource, Others
By Companies
Chase Corporation, Henkel, Dow, Dymax Corporation, Solvay, Electrolube, H.B. Fuller, Hernon, Kisco, Chemtronics, Europlasma NV, Elantas, MG Chemicals, ACC Silicones, CSL Silicones
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Conformal Coating Material Market Report Segments:
The global Conformal Coating Material market is segmented on the basis of:
Types
Acrylic, Epoxy, Urethane, Silicone, Parylene, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Consumer Electronics, Automotive, Medical, Aerospace & DefenseSource, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Chase Corporation
- Henkel
- Dow
- Dymax Corporation
- Solvay
- Electrolube
- H.B. Fuller
- Hernon
- Kisco
- Chemtronics
- Europlasma NV
- Elantas
- MG Chemicals
- ACC Silicones
- CSL Silicones
Highlights of The Conformal Coating Material Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Acrylic
- Epoxy
- Urethane
- Silicone
- Parylene
- Others
- By Application:
- Consumer Electronics
- Automotive
- Medical
- Aerospace & DefenseSource
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Conformal Coating Material Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Conformal coating material is a type of paint that is designed to conform to the contours of a surface. This type of paint can be used on objects such as cars, boats, and airplanes.
Some of the major companies in the conformal coating material market are Chase Corporation, Henkel, Dow, Dymax Corporation, Solvay, Electrolube, H.B. Fuller, Hernon, Kisco, Chemtronics, Europlasma NV, Elantas, MG Chemicals, ACC Silicones, CSL Silicones.
The conformal coating material market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Conformal Coating Material Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Conformal Coating Material Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Conformal Coating Material Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Conformal Coating Material Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Conformal Coating Material Market Size & Forecast, 2020-2028
4.5.1 Conformal Coating Material Market Size and Y-o-Y Growth
4.5.2 Conformal Coating Material Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Acrylic
5.2.2 Epoxy
5.2.3 Urethane
5.2.4 Silicone
5.2.5 Parylene
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Consumer Electronics
6.2.2 Automotive
6.2.3 Medical
6.2.4 Aerospace & DefenseSource
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Conformal Coating Material Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Conformal Coating Material Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Acrylic
9.6.2 Epoxy
9.6.3 Urethane
9.6.4 Silicone
9.6.5 Parylene
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Consumer Electronics
9.10.2 Automotive
9.10.3 Medical
9.10.4 Aerospace & DefenseSource
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Acrylic
10.6.2 Epoxy
10.6.3 Urethane
10.6.4 Silicone
10.6.5 Parylene
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Consumer Electronics
10.10.2 Automotive
10.10.3 Medical
10.10.4 Aerospace & DefenseSource
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Acrylic
11.6.2 Epoxy
11.6.3 Urethane
11.6.4 Silicone
11.6.5 Parylene
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Consumer Electronics
11.10.2 Automotive
11.10.3 Medical
11.10.4 Aerospace & DefenseSource
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Acrylic
12.6.2 Epoxy
12.6.3 Urethane
12.6.4 Silicone
12.6.5 Parylene
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Consumer Electronics
12.10.2 Automotive
12.10.3 Medical
12.10.4 Aerospace & DefenseSource
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Acrylic
13.6.2 Epoxy
13.6.3 Urethane
13.6.4 Silicone
13.6.5 Parylene
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Consumer Electronics
13.10.2 Automotive
13.10.3 Medical
13.10.4 Aerospace & DefenseSource
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Conformal Coating Material Market: Competitive Dashboard
14.2 Global Conformal Coating Material Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Chase Corporation
14.3.2 Henkel
14.3.3 Dow
14.3.4 Dymax Corporation
14.3.5 Solvay
14.3.6 Electrolube
14.3.7 H.B. Fuller
14.3.8 Hernon
14.3.9 Kisco
14.3.10 Chemtronics
14.3.11 Europlasma NV
14.3.12 Elantas
14.3.13 MG Chemicals
14.3.14 ACC Silicones
14.3.15 CSL Silicones
