Nov 17, 2017   SOURCE: BusinessWire

Global Conformal Coatings Market Forecasts to 2022 - To Grow at a CAGR of 5.06% - Research and Markets

The "Conformal Coatings Market - Forecasts from 2017 to 2022" report has been added to Research and Markets' offering.

Conformal coatings market is projected to grow to US$6.502 billion by 2022, increasing from US$5.080 billion in 2017, growing at a CAGR of 5.06% over the forecast period.

Rising use of electrical components in automotive is the key driver of global conformal coatings market. In order to make advanced electrical components work in harsh working conditions subject to chemical, moisture, dust and vibration, the use of conformal coating materials has become a necessity to add a protective layer on these components, thereby increasing the reliability of the product.

Growing consumer electronics industry is further fuelling the demand for various conformal coating materials worldwide. The acrylic conformal coating is expected to witness a significant growth during the forecast period as the material is easy to apply, has low cost and provides good resistance from chemical, abrasion, and moisture.

Geographically, APAC region will witness the fastest growth of conformal coating materials due to booming automotive industry and escalating demand for various consumer electronics. However, volatility in raw material prices coupled with stringent environmental regulations will restrain the market growth during the forecast period.

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Conformal Coatings Market Forecast by Type (US$ billion)

  • Epoxy
  • Acrylics
  • Parylene
  • Urethane

6. Conformal Coatings Market Forecast by End-Use Industry (US$ billion)

  • Automotive
  • Industrial
  • Aerospace and Defense
  • Electronics

7. Conformal Coatings Market Forecast by Geography (US$ billion)

8. Competitive Intelligence

9. Company Profiles

  • Dow Corning Corporation
  • Henkel AG & Co.
  • Peters Group
  • Chemtronics
  • Chase Corporation
  • Electrolube
  • Shin-Etsu Chemical Co. Ltd.
  • Precision Valve & Automation, Inc.
  • Dymax Corporation
  • Nordson Corporation

For more information about this report visit https://www.researchandmarkets.com/research/3pc3jv/conformal