Title: Electronics Conformal Coating Market - Forecast(2021 - 2026)
1Electronics Conformal Coating Market -
Forecast(2021 - 2026)
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- Electronics Conformal Coating Market size is
forecast to reach 1.290 billion by 2026, growing
at a CAGR of 6.1 in the period 2021-2026. - The Electronics Conformal Coating is a protective
coating or polymer, designed to protect the
circuit board topology and other electronic
components from corrosion, and enhance the
service life. - The growth of the Electronics Conformal Coating
Industry is primarily driven by the intensifying
demand of miniaturized electronics, circuitry and
various advanced PCB-related applications. - Due to the remarkable combination of superior
performance and reliability of conformal coatings
solution, several industry verticals such as
defense aerospace, marine, automotive and
electronic are adopting the right level of
protection.
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- Key Takeaways
- Asia Pacific dominated the Electronics Conformal
Coating Market in 2020 with a share of 39, owing
to the growing consumer electronics market, which
leads to potential venture of significant number
of PCB manufacturers, such as Ascent Circuits
Pvt. Ltd, Kawasaka Process Co., Ltd, AC Synergy
PTE Ltd in the region. - The Acrylic coating type is analyzed to register
the highest share in 2020, and grow at a CAGR of
5.6 during the forecast period, owing to the
fair elasticity and general protection to the
board's components and wide array of
applications. - The constant evolution of premium capabilities of
medical components to monitor, diagnose and treat
patients has accelerated the demand of Parylene
conformal coatings for aiming biostable and
biocompatible design, which eventually drive the
growth of market.
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- By Distribution Channel- Segment Analysis
- By Types, the Electronics Conformal Coating
Market is segmented into Acrylic, Polyurethane,
Hybrid, Silicone, Epoxy and Others. The Acrylic
coating type is analyzed to register the highest
share in 2020, and grow at a CAGR of 5.6 during
the forecast period, owing to the fair elasticity
and general protection to the board's components
and wide array of applications. The Acrylic
coating is easily applied and removed and also,
considered to be an affordable option in
comparison to others for various end users. In
March 2021, a leading global supplier of liquid
and powder coatings, Axalta introduced Imron
Industrial 2100 HG-C high-gloss clearcoat into
its existing high-performance Imron Industrial
portfolio in North America.Â
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- Electronics Conformal Coating Market Industry
Outlook - Dow
- Henkel
- Chase Corporation
- H.B. Fuller
- Electrolube Limited
- Shin-Etsu Chemical Company Ltd.
- Henkel AG Co
- Dymax Corp.
- Quantum Silicones
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Electronics Conformal Coating Market -
Forecast(2021 - 2026)Learn More About the
Report _at_ https//www.industryarc.com/Research/E
lectronics-Conformal-Coating-Market-Research-50541
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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