Conformal Coatings Market worth 12.28 Billion USD by 2021

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Conformal Coatings Market by Type, End-Use
Industry By Region - Global Trends Forecasts
to 2021
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Conformal Coatings Market worth 12.28 Billion USD
by 2021
The report "Conformal Coatings Market by Type
(Acrylics, Epoxy, Urethane, Silicone, Parylene,
and Others), by End-Use Industry (Automotive
Transportation, Electronics, Aerospace Defense,
Industrial, Marine, and Others), by Region (North
America, Europe, Asia-Pacific, Middle East
Africa, and South America) - Global Trends
Forecasts to 2021", The global conformal coatings
market size is estimated to grow from USD 9.75
Billion in 2016 to USD 12.28 Billion by 2020, at
a CAGR of 4.7.
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Conformal Coatings Market worth 12.28 Billion USD
by 2021
Browse gtgt 162 data tables
61 figures
196 pages and in-depth TOC on Conformal
Coatings Market Early buyers will receive 10
customization on this report. This is a
Premium Report Priced at US 5650 for single
user. The global conformal coatings market size,
which was USD 9.7 Billion in 2015, is estimated
to reach USD 12.28 Billion by 2021 at a CAGR of
4.7 between 2016 and 2021. Report Price
- Single User License US 5650 Corporate User
License US 8150
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Conformal Coatings Market worth 12.28 Billion USD
by 2021
The market is driven by increasing demand for
conformal coatings in emerging markets and high
demand from the electronics, aerospace defense,
automotive transportation, industrial, and
marine industries. Asia-Pacific is projected to
witness s strong growth in the future. Growth in
this region can be attributed to high demand from
emerging markets such as China and India.
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Conformal Coatings Market worth 12.28 Billion USD
by 2021
Acrylics and epoxy, the largest types of
conformal coatings The growing popularity of
various types of conformal coatings such as
acrylics, epoxy, urethane, and silicone in
various end-use applications plays a significant
role in driving the market. Acrylics conformal
coatings accounted for the maximum share in terms
of value due to their cost-effectiveness, and
easy to apply and remove properties. The rising
demand of environmentally friendly conformal
coatings such as Volatile Organic Compounds
(VOCs)-free coatings in countries such as
Germany, and France is expected to drive this
market.
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Conformal Coatings Market worth 12.28 Billion USD
by 2021
Marine industry, the fastest-growing market
among the end-use industries for conformal
coatings In 2015, Asia-Pacific dominated the
conformal coatings market and also registered the
highest growth rate between 2016 and 2021. The
Asia-Pacific region is projected to register the
highest growth rate, both in terms of value and
volume, owing to high demand from China and
India. China is the largest market for conformal
coatings globally with major demand from the
electronics industry. The Indian government has
started investment promotion programs to assist
companies that are developing and manufacturing
PCBs and thus pushing the growth of this market
upward.
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Conformal Coatings Market worth 12.28 Billion USD
by 2021
Key Players - The key companies profiled in the
conformal coatings market research report are
Chase Corporation (U.S.), Henkel AG KGaA
(Germany), Illinois Tool Works (U.S.), Shin-Etsu
Chemical Company Limited (Japan), Dow Corning
(U.S.), H.B. Fuller (U.S.), Electrolube (U.K.),
Europlasma NV (Belgium), MG Chemicals (Canada),
and Kisco Conformal Coatings (Japan)
etc. Purchase a Copy of this Report Today !
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