Title: Conformal Coatings Market - Forecast(2022 - 2027)
1Conformal Coatings Market - Forecast(2022 -
2027)
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- Conformal Coatings Market size is forecast to
reach 17.23 billion by 2026 after growing at a
CAGR of 6 during 2021-2026. - Growing demand for conformal coatings from the
consumer electronics industry to protect printed
circuit boards from dust, moisture, heat and
other environmental impacts is expected to fuel
market growth over the forecast period. - Major industry players are concentrating on
expanding their activities by venturing into the
raw material processing and distribution sectors
in order to gain a competitive advantage on the
market.
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- Key Takeaways from this Report
- Asia-pacific dominates the conformal coatings
market owing to high investment in the
electronics industry. - Conformal coatings are a type of protective
coating with a thickness of 25-75µm applied to
PCBs and other electronic components to protect
them from harsh environments. - Get in-depth insights on your competitor
performance market shares, strategies, financial
benchmarking, product benchmarking, SWOT and
more.
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By Distribution Channel- Segment
Analysis Electrical and electronics segment held
the largest share in the conformal coatings
market in 2020 and is growing at a CAGR of 7
during the forecast period. Conformal coatings
are designed to protect assembled printed circuit
board circuitry from harsh environmental
conditions. Being electrically insulating, they
also ensure extended surface insulation to
preserve the long term operational integrity of
components by preventing high voltage arcing,
shorts and static discharge while permitting to
put traces closer together for miniaturization.Â
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- Conformal Coatings Market Industry Outlook
- Henkel AG Co. KGaA
- Shin Etsu Chemical Co Ltd
- Dow Chemical Company
- ITW
- H.B Fuller Company and Others.
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Conformal Coatings Market - Forecast(2022 -
2027) Learn More About the Report _at_
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Contact (1) 970-236-3677
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