Market Overview:
The global UV cure conformal coating market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for UV cure conformal coatings from various end-use industries, such as electronics, aerospace, automotive, medical and appliance. In addition, the growing demand for miniaturization and lightweighting in electronic devices is also fueling the growth of this market.
Product Definition:
UV Cure Conformal Coating is a coating that cures or dries when exposed to ultraviolet light. UV Cure Conformal Coatings are important because they provide a protective barrier against moisture and other contaminants, which can cause damage to electronic components.
Silicone Resin (SR):
Silicone resins are synthetic organic polymers, manufactured by the polymerization of silica and various other compounds. Silicone resins find application in coatings for automobiles, boats, aircrafts and architectural moldings owing to high heat resistance property. The automotive coating industry is expected to witness significant growth over the forecast period on account of increasing demand for automotive refinishing which includes UV curing coatings.
Urethane Resin (UR):
Urethane resin is a polymer that is manufactured by the polymerization of urea. It has high molecular weight and low viscosity which makes it an ideal material for coating applications. Urethane resins are used in UV cure conformal coatings due to their excellent hardness, durability, and weather resistance properties.
The global UV cure conformal coating market size was valued at USD 2,500 million in 2016.
Application Insights:
The demand for the product is expected to witness a rise owing to its use in various end-use industries including automotive, electronics, aerospace and military. In addition, increasing R&D activities by major players coupled with new product launches are anticipated to propel market growth over the forecast period.
The growing electronics industry across regions coupled with rising consumer disposable income levels is expected to drive UV cure conformal coatings market growth over the forecast period. The Asia Pacific region is projected register a CAGR of XX% from 2018 to 2030 on account of factors such as rapid industrialization along with urbanization has resulted in an increased demand for electronic devices which will further fuel market growth over the coming years.
Automotive was estimated as one of the prominent application areas.
Regional Analysis:
The market in North America is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing demand for electronic devices and aerospace parts & components. In addition, the presence of major aircraft manufacturers such as Boeing and Airbus has led to an increase in demand for UV cure conformal coating from the aviation sector.
Asia Pacific is anticipated to witness substantial growth over the forecast period owing to rising product adoption in various end-use industries such as medical, automotive, appliance, consumer electronics among others. Increasing foreign direct investments coupled with favorable government policies aimed at promoting manufacturing activities are some of the factors that are likely drive regional market growth during the forecast period.
Europe was estimated as one of the largest markets with a share of more than 20% in 2016 on account of high acceptance level towards advanced technology products along with growing aerospace industry especially Germany.
Growth Factors:
- Increasing demand for miniaturization in electronic devices
- Rising demand from the automotive and aerospace industries
- Growing popularity of UV-curable coatings in Asia Pacific region
- Technological advancements in UV curing equipment and materials
- Proliferation of counterfeit components in the electronics industry
Scope Of The Report
Report Attributes
Report Details
Report Title
UV Cure Conformal Coating Market Research Report
By Type
Silicone Resin (SR), Urethane Resin (UR), Epoxy Resin (ER), Acrylic Resin (AR), Others
By Application
Electronics, Aerospace, Automotive, Medical, Appliance, Military, Others
By Companies
Dymax Corporation, H K Wentworth(Electrolube), Dow, Chase Corporation, Novagard Solutions, Heraeus Holding, Epoxies Etc, M.G. Chemicals, Incure Inc, Master Bond Inc, Panacol-USA, ABchimie, Henkel Corporation
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
223
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global UV Cure Conformal Coating Market Report Segments:
The global UV Cure Conformal Coating market is segmented on the basis of:
Types
Silicone Resin (SR), Urethane Resin (UR), Epoxy Resin (ER), Acrylic Resin (AR), 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
Electronics, Aerospace, Automotive, Medical, Appliance, Military, 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:
- Dymax Corporation
- H K Wentworth(Electrolube)
- Dow
- Chase Corporation
- Novagard Solutions
- Heraeus Holding
- Epoxies Etc
- M.G. Chemicals
- Incure Inc
- Master Bond Inc
- Panacol-USA
- ABchimie
- Henkel Corporation
Highlights of The UV Cure Conformal Coating 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:
- Silicone Resin (SR)
- Urethane Resin (UR)
- Epoxy Resin (ER)
- Acrylic Resin (AR)
- Others
- By Application:
- Electronics
- Aerospace
- Automotive
- Medical
- Appliance
- Military
- 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 UV Cure Conformal Coating 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
UV Cure Conformal Coating is a type of coating that uses ultraviolet (UV) radiation to cure the coating. The UV radiation causes the coating to harden and form a protective barrier against water, dust, and other elements.
Some of the major companies in the uv cure conformal coating market are Dymax Corporation, H K Wentworth(Electrolube), Dow, Chase Corporation, Novagard Solutions, Heraeus Holding, Epoxies Etc, M.G. Chemicals, Incure Inc, Master Bond Inc, Panacol-USA, ABchimie, Henkel Corporation.
The uv cure conformal coating market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 UV Cure Conformal Coating 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 UV Cure Conformal Coating Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 UV Cure Conformal Coating 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 UV Cure Conformal Coating 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 UV Cure Conformal Coating Market Size & Forecast, 2020-2028
4.5.1 UV Cure Conformal Coating Market Size and Y-o-Y Growth
4.5.2 UV Cure Conformal Coating 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 Silicone Resin (SR)
5.2.2 Urethane Resin (UR)
5.2.3 Epoxy Resin (ER)
5.2.4 Acrylic Resin (AR)
5.2.5 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 Electronics
6.2.2 Aerospace
6.2.3 Automotive
6.2.4 Medical
6.2.5 Appliance
6.2.6 Military
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global UV Cure Conformal Coating 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 UV Cure Conformal Coating 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 Silicone Resin (SR)
9.6.2 Urethane Resin (UR)
9.6.3 Epoxy Resin (ER)
9.6.4 Acrylic Resin (AR)
9.6.5 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 Electronics
9.10.2 Aerospace
9.10.3 Automotive
9.10.4 Medical
9.10.5 Appliance
9.10.6 Military
9.10.7 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 Silicone Resin (SR)
10.6.2 Urethane Resin (UR)
10.6.3 Epoxy Resin (ER)
10.6.4 Acrylic Resin (AR)
10.6.5 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 Electronics
10.10.2 Aerospace
10.10.3 Automotive
10.10.4 Medical
10.10.5 Appliance
10.10.6 Military
10.10.7 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 Silicone Resin (SR)
11.6.2 Urethane Resin (UR)
11.6.3 Epoxy Resin (ER)
11.6.4 Acrylic Resin (AR)
11.6.5 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 Electronics
11.10.2 Aerospace
11.10.3 Automotive
11.10.4 Medical
11.10.5 Appliance
11.10.6 Military
11.10.7 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 Silicone Resin (SR)
12.6.2 Urethane Resin (UR)
12.6.3 Epoxy Resin (ER)
12.6.4 Acrylic Resin (AR)
12.6.5 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 Electronics
12.10.2 Aerospace
12.10.3 Automotive
12.10.4 Medical
12.10.5 Appliance
12.10.6 Military
12.10.7 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 Silicone Resin (SR)
13.6.2 Urethane Resin (UR)
13.6.3 Epoxy Resin (ER)
13.6.4 Acrylic Resin (AR)
13.6.5 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 Electronics
13.10.2 Aerospace
13.10.3 Automotive
13.10.4 Medical
13.10.5 Appliance
13.10.6 Military
13.10.7 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 UV Cure Conformal Coating Market: Competitive Dashboard
14.2 Global UV Cure Conformal Coating Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dymax Corporation
14.3.2 H K Wentworth(Electrolube)
14.3.3 Dow
14.3.4 Chase Corporation
14.3.5 Novagard Solutions
14.3.6 Heraeus Holding
14.3.7 Epoxies Etc
14.3.8 M.G. Chemicals
14.3.9 Incure Inc
14.3.10 Master Bond Inc
14.3.11 Panacol-USA
14.3.12 ABchimie
14.3.13 Henkel Corporation
