Conformal Coatings Market Size to Hit $ 16 Bn by 2026

Conformal Coatings Market (By Product: Parylene, Acrylic, Urethane, Epoxy, Silicone; By Application: Medical, Consumer Electronics, Automotive, Defense, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

The Global Conformal Coatings Market Size is Projected to Reach US$ 16 Billion by 2026 and is expected to witness 5.2% CAGR during the forecast period 2019 to 2026.

Increasing demand is anticipated to drive development in the manufacturing of conformal coatings for automotive and electronic components. Due to the existence of countless medium to big producers and distributors, the industry is extremely competitive and fragmented. There is a risk to fresh entries due to the strong rivalry between current players with high capital investments. But fast development of end-use sectors is anticipated to stimulate demand in the developing markets that require large quantities of conformal coatings.

Regional authorities in Asia-Pacific have introduced national management systems and initiatives to further develop their economies. For example, the ‘Make in India’ system is attracting more and more significant international players to invest in national manufacturing. This is anticipated to result in increased demand for the item over the projected era.

Conformal coating production systems are constantly being updated in order for effective electronic and automotive end use products to suit changing customer demands. This has resulted to intense research and development attempts by important actors in the sector to create distinctive and innovative goods & technology such as selective needle dissemination, ultrasound coatings and even select movie coatings.

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Moreover, increased demand for consumer electronics drives market development, as it protects appliances against heat, dirt and dust. Growing miniaturization of electronic devices such as mobile telephones and motors fuels demand worldwide for products. With the implementation of multiple electronic systems, namely intelligent watches, home automation and cooking facilities the use of conformal coatings has raised. Demand in automotive electronic equipment is increasing to guarantee long-term vehicle reliability.

Key Findings

Due to its outstanding dielectricity and elevated abrasion resistance, it was appropriate for use in printed circuit boards, the Urethane product section represented about 14% of the general market in 2016.

In terms of the comprehensive utilization of consumer electronics, electronics is anticipated to be the fastest increasing sector for applications, which rises at an estimated CAGR of more than 6% over the forecast era.

As a result of the saturation of national economies and slower development of automotive manufacturing in the region, Europe’s conformal covering market is anticipated to see a slow growth rate in the rest of the region.

In Latin America, a CAGR of over 5% is anticipated to advance during the forecast era as foreign investments in electronics and medical industries increase in the forecast era.

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Key Players & Strategies

Principle players in the market are Dow Corning, Henkel AG & KGaA, Shin-Etsu Chemical Company Limited, HB Fuller, and more.

Their position in this landscape has strengthened. By means of strategic investments and product innovations, leading businesses reinforce the foundations of conformal coating. For example, Shin-Etsu Chemical announced, in September 2018, that it will invest almost EUR 110 billion in its silicone company in anticipation of an rise in silicone demand. The firm concentrates on the growth of silicone monomer manufacturing capability at its primary bases in Japan and worldwide with this investment.

Other competitors on the conformal layering market are concentrated on product development in an effort to position themselves strongly in this capital intensive market. In January2019 for instance, Electrolube announced its development in multiple sectors of the end-use industry, including auto industry and electronics, of a new line of UV-cured conformal coating products which can lower manufacturing time to provide greater efficiency for producers.

TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW

1.1. Definition and Scope
1.1.1. Definition of Conformal Coatings
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Conformal Coatings Market By Product
1.2.2.1. Global Conformal Coatings Market Revenue and Growth Rate Comparison By Product (2015-2026)
1.2.2.2. Global Conformal Coatings Market Revenue Share By Product in 2017
1.2.2.3. Parylene
1.2.2.4. Acrylic
1.2.2.5. Urethane
1.2.2.6. Epoxy
1.2.2.7. Silicone
1.2.3. Conformal Coatings Market By Application
1.2.3.1. Global Conformal Coatings Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.3.2. Global Conformal Coatings Market Revenue Share By Application in 2017
1.2.3.3. Medical
1.2.3.4. Consumer Electronics
1.2.3.5. Automotive
1.2.3.6. Defense
1.2.3.7. Others
1.2.4. Conformal Coatings Market by Geography
1.2.4.1. Global Conformal Coatings Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.4.2. North America Conformal Coatings Market Revenue and Growth Rate (2015-2026)
1.2.4.3. Europe Conformal Coatings Market Revenue and Growth Rate (2015-2026)
1.2.4.4. Asia-Pacific Conformal Coatings Market Revenue and Growth Rate (2015-2026)
1.2.4.5. Latin America Conformal Coatings Market Revenue and Growth Rate (2015-2026)
1.2.4.6. Middle East and Africa (MEA) Conformal Coatings Market Revenue and Growth Rate (2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS

2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS

3.1. Capacity and Commercial Production Date of Global Conformal Coatings Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global Conformal Coatings Major Manufacturers in 2017
3.3. R&D Status and Technology Source of Global Conformal Coatings Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global Conformal Coatings Major Manufacturers in 2017

CHAPTER 4. CONFORMAL COATINGS MARKET BY PRODUCT

4.1. Global Conformal Coatings Revenue By Product
4.2. Parylene
4.2.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.3. Acrylic
4.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.4. Urethane
4.4.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.5. Epoxy
4.5.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.6. Silicone
4.6.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.6.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)

CHAPTER 5. CONFORMAL COATINGS MARKET BY APPLICATION

5.1. Global Conformal Coatings Revenue By Application
5.2. Medical
5.2.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.3. Consumer Electronics
5.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.4. Automotive
5.4.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.5. Defense
5.5.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.6. Others
5.6.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.6.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)

CHAPTER 6. NORTH AMERICA CONFORMAL COATINGS MARKET BY COUNTRY

6.1. North America Conformal Coatings Market Revenue and Growth Rate, 2015 – 2026 ($Million)
6.2. North America Conformal Coatings Market Revenue Share Comparison, 2015 & 2026 (%)
6.3. U.S.
6.3.1. U.S. Conformal Coatings Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
6.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
6.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
6.5. Mexico
6.5.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
6.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)

CHAPTER 7. EUROPE CONFORMAL COATINGS MARKET BY COUNTRY

7.1. Europe Conformal Coatings Market Revenue and Growth Rate, 2015 – 2026 ($Million)
7.2. Europe Conformal Coatings Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
7.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
7.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
7.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
7.6.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
7.7.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)

CHAPTER 8. ASIA-PACIFIC CONFORMAL COATINGS MARKET BY COUNTRY

8.1. Asia-Pacific Conformal Coatings Market Revenue and Growth Rate, 2015 – 2026 ($Million)
8.2. Asia-Pacific Conformal Coatings Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
8.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
8.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
8.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
8.6.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
8.7.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
8.8.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)

CHAPTER 9. LATIN AMERICA CONFORMAL COATINGS MARKET BY COUNTRY

9.1. Latin America Conformal Coatings Market Revenue and Growth Rate, 2015 – 2026 ($Million)
9.2. Latin America Conformal Coatings Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
9.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
9.4. Argentina
9.4.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
9.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
9.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)

CHAPTER 10. MIDDLE EAST CONFORMAL COATINGS MARKET BY COUNTRY

10.1. Middle East Conformal Coatings Market Revenue and Growth Rate, 2015 – 2026 ($Million)
10.2. Middle East Conformal Coatings Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Saudi Arabia
10.3.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
10.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
10.4. UAE
10.4.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
10.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
10.5. Rest of Middle East
10.5.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
10.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)

CHAPTER 11. AFRICA CONFORMAL COATINGS MARKET BY COUNTRY

11.1. Africa Conformal Coatings Market Revenue and Growth Rate, 2015 – 2026 ($Million)
11.2. Africa Conformal Coatings Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. South Africa
11.3.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
11.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
11.4. Egypt
11.4.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
11.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
11.5. Rest of Africa
11.5.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
11.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)

CHAPTER 12. COMPANY PROFILE

12.1. Dow Corning
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Henkel AG & KGaA
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Shin-Etsu Chemical Company Limited
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. HB Fuller
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Others
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies

CHAPTER 13. RESEARCH APPROACH

13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope

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