Conformal Coatings Market By Product And Application- Global Industry Analysis And Forecast To 2023

Published On : April 2018 Pages : 90 Category: Plastics, Polymers & Resins Report Code : CM04687

Industry Outlook and Trend Analysis

The Conformal Coatings Market was worth USD 9.26 billion in 2017 and is expected to reach approximately USD 13.91 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 4.62% during the forecast period. Developing demand of the product from consumer electronics industry, keeping in mind the end goal to protect printed circuit boards from moisture, dust, heating, and other environmental effects is foreseen to boost the market development over the figure period. The demand of the product in the U.S. in esteemed at USD 2.15 billion in 2017. The high share of the overall industry of the nation is credited to the presence of well-established automotive, electronics and aerospace & defence industry. Developing demand for durable coatings with better corrosion protection is foreseen to boost the industry development.

Product Outlook and Trend Analysis

Acrylic is expected to be the quickest developing product portion, advancing at a CAGR of 6.0%. The high development rate of the section is credited to its unrivalled properties, for example, easy application and removal for reworking, moisture resistance, which make acrylic the favoured choice for work in end-use applications. Epoxy conformal coatings are profoundly resistant to solvents and have dielectric properties, which are appropriate for applications in electronic gadgets on printed circuit boards.

Application Outlook and Trend Analysis

Conformal coatings are used in the production of automotive electronics, as they help with easing the vibrations and mechanical pressure. Developing car part particularly in Asia Pacific and rising customer interest for improved driving experience is probably going to enlarge the product interest for automotive electronic devices over the estimate time frame. The demand of the product in medical application is foreseen to rise at an astounding CAGR over the estimate time frame.

Regional Outlook and Trend Analysis

Asia Pacific is foreseen to be the quickest developing regional market, growing at a significant CAGR over the estimate time frame. High interests in the hardware part in the Taiwan, China, Japan and South Korea is required to drive demand of the product. Moreover, quick development of automotive and consumer electronics fabricating area in India is probably going to drive product development in the locale.

Competitive Insights

The leading players in the market are Electrolube, Chase Manhattan Corporation, ITW Chemtronics, Henkel, Shin-Etsu Chemical, MG Chemicals, H.B. Fuller, Dymax Corporation and Dow Corning. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

The Conformal Coatings Market is segmented as follows-

By Product:

  • Epoxy
  • Urethane
  • Acrylic
  • Parylene
  • Silicone

By Application:

  • Automotive
  • Medical
  • Aerospace & Defense
  • Consumer Electronics
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • India
    • Southeast Asia
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Columbia
    • South Africa
    • Rest of South America
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Nigeria
    • South Africa
    • Rest of MEA

Some of the key questions answered by the report are:

  • What was the market size in 2017 and forecast from 2017 to 2023?
  • What will be the industry market growth from 2017 to 2023?
  • What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
  • What are the major segments leading the market growth and why?
  • Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

Market Classification

·         Conformal Coatings Market, By Product, Estimates and Forecast, 2014-2023 ($Million)

·         Acrylic

·         Epoxy

·         Urethane

·         Silicone

·         Parylene

·         Conformal Coatings Market, By Application, Estimates and Forecast, 2014-2023 ($Million)

·         Consumer Electronics

·         Automotive

·         Medical

·         Aerospace & Defense

·         Other Applications

·         Conformal Coatings Market, By Region, Estimates and Forecast, 2014-2023 ($Million)

·         North America

§  North America Conformal Coatings Market, By Country

o    U.S. Conformal Coatings Market

o    Canada Conformal Coatings Market

o    Mexico Conformal Coatings Market

·         Europe

§  Europe Conformal Coatings Market, By Country

o    Germany Conformal Coatings Market

o    UK Conformal Coatings Market

o    France Conformal Coatings Market

o    Russia Conformal Coatings Market

o    Italy Conformal Coatings Market

o    Rest of Europe Conformal Coatings Market

·         Asia-Pacific

§  Asia-Pacific Conformal Coatings Market, By Country

o    China Conformal Coatings Market

o    Japan Conformal Coatings Market

o    South Korea Conformal Coatings Market

o    India Conformal Coatings Market

o    Southeast Asia Conformal Coatings Market

o    Rest of Asia-Pacific Conformal Coatings Market

·         South America

§  South America Conformal Coatings Market

o    Brazil Conformal Coatings Market

o    Argentina Conformal Coatings Market

o    Columbia Conformal Coatings Market

o    South Africa Conformal Coatings Market

o    Rest of South America Conformal Coatings Market

·         Middle East and Africa

§  Middle East and Africa Conformal Coatings Market

o    Saudi Arabia Conformal Coatings Market

o    UAE Conformal Coatings Market

o    Egypt Conformal Coatings Market

o    Nigeria Conformal Coatings Market

o    South Africa Conformal Coatings Market

o    Rest of MEA Conformal Coatings Market

Table of Contents

1.       Introduction

1.1.       Report Description

1.2.       Research Methodology

1.2.1.  Secondary Research

1.2.2.  Primary Research

2.       Executive Summary

2.1.       Key Highlights

3.       Market Overview

3.1.       Introduction

3.1.1.  Market Definition

3.1.2.  Market Segmentation

3.2.       Market Dynamics

3.2.1.  Drivers

3.2.1.1.    Increasing Automation Across End-User Industries

3.2.1.2.    Growing Demand For Reliable Electronics Devices & Equipment

3.2.2.  Restraints

3.2.2.1.    Application and Preparation Restraints

3.2.3.  Opportunities

3.2.3.1.    Emerging Markets to Offer Lucrative Growth Opportunities

4.       Market Analysis by Regions

4.1.       North America (United States, Canada and Mexico)

4.1.1.  United States Market States and Outlook (2017-2023)

4.1.2.  Canada Market States and Outlook (2017-2023)

4.1.3.  Mexico Market States and Outlook (2017-2023)

4.2.       Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

4.2.1.  Germany Market States and Outlook (2017-2023)

4.2.2.  France Market States and Outlook (2017-2023)

4.2.3.  UK Market States and Outlook (2017-2023)

4.2.4.  Russia Market States and Outlook (2017-2023)

4.2.5.  Italy Market States and Outlook (2017-2023)

4.2.6.  Rest of Europe Market States and Outlook (2017-2023)

4.3.       Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)

4.3.1.  China Market States and Outlook (2017-2023)

4.3.2.  Japan Market States and Outlook (2017-2023)

4.3.3.  Korea Market States and Outlook (2017-2023)

4.3.4.  India Market States and Outlook (2017-2023)

4.3.5.  Rest of Asia-Pacific Market States and Outlook (2017-2023)

4.4.       South America (Brazil, Argentina, Columbia and Rest of South America)

4.4.1.  Brazil Market States and Outlook (2017-2023)

4.4.2.  Argentina Market States and Outlook (2017-2023)

4.4.3.  Columbia Market States and Outlook (2017-2023)

4.4.4.  Rest of South America Market States and Outlook (2017-2023)

4.5.       Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)

4.5.1.  Saudi Arabia Market States and Outlook (2017-2023)

4.5.2.  UAE Market States and Outlook (2017-2023)

4.5.3.  Egypt Market States and Outlook (2017-2023)

4.5.4.  Nigeria Market States and Outlook (2017-2023)

4.5.5.  South Africa Market States and Outlook (2017-2023)

4.5.6.  Rest of MEA Market States and Outlook (2017-2023)

5.       Conformal Coatings Market, By Product

5.1.       Introduction

5.2.       Global Conformal Coatings Revenue and Market Share By Product  (2017-2027)

5.2.1.  Global Conformal Coatings Revenue and Revenue Share By Product  (2017-2027)

5.3.       Acrylic

5.3.1.  Global Acrylic Revenue and Growth Rate (2017-2027)

5.4.       Epoxy  

5.4.1.  Global Epoxy Revenue and Growth Rate (2017-2027)

5.5.       Urethane  

5.5.1.  Global Urethane Revenue and Growth Rate (2017-2027)

5.6.       Silicone

5.6.1.  Global Silicone Revenue and Growth Rate (2017-2027)

5.7.       Parylene 

5.7.1.  Global Parylene Revenue and Growth Rate (2017-2027)

6.       Conformal Coatings Market, By Application

6.1.       Introduction

6.2.       Global Conformal Coatings Revenue and Market Share by Application  (2017-2027)

6.2.1.  Global Conformal Coatings Revenue and Revenue Share by Application  (2017-2027)

6.3.       Consumer Electronics

6.3.1.  Global Consumer Electronics Revenue and Growth Rate (2017-2027)

6.4.       Automotive

6.4.1.  Global Automotive Revenue and Growth Rate (2017-2027)

6.5.       Medical

6.5.1.  Global Medical Revenue and Growth Rate (2017-2027)

6.6.       Aerospace & Defense

6.6.1.  Global Aerospace & Defense Revenue and Growth Rate (2017-2027)

6.7.       Other Applications

6.7.1.  Global Other Applications Revenue and Growth Rate (2017-2027)

7.       Conformal Coatings Market, By Region

7.1.       Introduction

7.2.       Global Conformal Coatings Revenue and Market Share by Regions

7.2.1.  Global Conformal Coatings Revenue by Regions (2017-2027)

7.3.       North America Conformal Coatings by Countries

7.3.1.  North America Conformal Coatings Revenue and Growth Rate (2017-2027)

7.3.2.  North America Conformal Coatings Revenue by Countries (2017-2027)

7.3.3.  North America Conformal Coatings Revenue (Million USD) by Countries (2017-2027)

7.3.4.  U.S.

7.3.4.1.    United States Conformal Coatings Revenue (Millions USD) and Growth Rate (2017-2027)

7.3.5.  Canada

7.3.5.1.    Canada Conformal Coatings Revenue (Millions USD) and Growth Rate (2017-2027)

7.3.6.  Mexico

7.3.6.1.    Mexico Conformal Coatings Revenue (Millions USD) and Growth Rate (2017-2027)

7.4.       Europe Conformal Coatings by Countries

7.4.1.  Europe Conformal Coatings Revenue and Growth Rate (2017-2027)

7.4.2.  Europe Conformal Coatings Revenue by Countries (2017-2027)

7.4.3.  Europe Conformal Coatings Revenue (Million USD) by Countries (2017-2027)

7.4.4.  Germany

7.4.4.1.    Germany Conformal Coatings Revenue (Millions USD) and Growth Rate (2017-2027)

7.4.5.  UK

7.4.5.1.    UK Conformal Coatings Revenue (Millions USD) and Growth Rate (2017-2027)

7.4.6.  France

7.4.6.1.    France Conformal Coatings Revenue (Millions USD) and Growth Rate (2017-2027)

7.4.7.  Russia

7.4.7.1.    Russia Conformal Coatings Revenue (Millions USD) and Growth Rate (2017-2027)

7.4.8.  Italy

7.4.8.1.    Italy Conformal Coatings Revenue (Millions USD) and Growth Rate (2017-2027)

7.4.9.  Rest of Europe

7.4.9.1.    Rest of Europe Conformal Coatings Revenue (Millions USD) and Growth Rate (2017-2027)

7.5.       Asia-Pacific

7.5.1.  Asia-Pacific Conformal Coatings Revenue and Growth Rate (2017-2027)

7.5.2.  Asia-Pacific Conformal Coatings Revenue by Countries (2017-2027)

7.5.3.  Asia-Pacific Conformal Coatings Revenue (Million USD) by Countries (2017-2027)

7.5.4.  China

7.5.4.1.    China Conformal Coatings Revenue (Millions USD) and Growth Rate (2017-2027)

7.5.5.  Japan

7.5.5.1.    Japan Conformal Coatings Revenue (Millions USD) and Growth Rate (2017-2027)

7.5.5.2.     

7.5.6.  Korea

7.5.6.1.    Korea Conformal Coatings Revenue (Millions USD) and Growth Rate (2017-2027)

7.5.7.  India

7.5.7.1.    India Conformal Coatings Revenue (Millions USD) and Growth Rate (2017-2027)

7.5.8.  Southeast Asia

7.5.8.1.    Southeast Asia Conformal Coatings Revenue (Millions USD) and Growth Rate (2017-2027)

7.5.9.  Rest of Asia-Pacific

7.5.9.1.    Rest of Asia-Pacific Conformal Coatings Revenue (Millions USD) and Growth Rate (2017-2027)

7.6.       South America

7.6.1.  South America Conformal Coatings Revenue and Growth Rate (2017-2027)

7.6.2.  South America Conformal Coatings Revenue by Countries (2017-2027)

7.6.3.  South America Conformal Coatings Revenue (Million USD) by Countries (2017-2027)

7.6.4.  Brazil

7.6.4.1.    Brazil Conformal Coatings Revenue (Millions USD) and Growth Rate (2017-2027)

7.6.5.  Argentina

7.6.5.1.    Argentina Conformal Coatings Revenue (Millions USD) and Growth Rate (2017-2027)

7.6.6.  Columbia

7.6.6.1.    Columbia Conformal Coatings Revenue (Millions USD) and Growth Rate (2017-2027)

7.6.7.  Rest of South America

7.6.7.1.    Rest of South America Conformal Coatings Revenue (Millions USD) and Growth Rate (2017-2027)

7.7.       Middle East and Africa

7.7.1.  Middle East and Africa Conformal Coatings Revenue and Growth Rate (2017-2027)

7.7.2.  Middle East and Africa Conformal Coatings Revenue by Countries (2017-2027)

7.7.3.  Middle East and Africa Conformal Coatings Revenue (Million USD) by Countries (2017-2027)

7.7.4.  Saudi Arabia

7.7.4.1.    Saudi Arabia Conformal Coatings Revenue (Millions USD) and Growth Rate (2017-2027)

7.7.5.  United Arab Emirates

7.7.5.1.    United Arab Emirates Conformal Coatings Revenue (Millions USD) and Growth Rate (2017-2027)

7.7.6.  Egypt

7.7.6.1.    Egypt Conformal Coatings Revenue (Millions USD) and Growth Rate (2017-2027)

7.7.7.  Nigeria

7.7.7.1.    Nigeria Conformal Coatings Revenue (Millions USD) and Growth Rate (2017-2027)

7.7.8.  South Africa

7.7.8.1.    South Africa Conformal Coatings Revenue (Millions USD) and Growth Rate (2017-2027)

7.7.9.  Rest of Middle East and Africa

7.7.9.1.    Rest of Middle East and Africa Conformal Coatings Revenue (Millions USD) and Growth Rate (2017-2027)

8.       Company Profiles

8.1.       Henkel AG & Company, KGaA

8.1.1.  Business Overview

8.1.2.  Product Portfolio

8.1.3.  Strategic Developments

8.1.4.  Revenue and Market Share

8.2.       Chemtronics

8.2.1.  Business Overview

8.2.2.  Product Portfolio

8.2.3.  Strategic Developments

8.2.4.  Revenue and Market Share

8.3.       Shin-Etsu Chemical Co., Ltd.

8.3.1.  Business Overview

8.3.2.  Product Portfolio

8.3.3.  Strategic Developments

8.3.4.  Revenue and Market Share

8.4.       DOW Corning

8.4.1.  Business Overview

8.4.2.  Product Portfolio

8.4.3.  Strategic Developments

8.4.4.  Revenue and Market Share

8.5.       H.B. Fuller

8.5.1.  Business Overview

8.5.2.  Product Portfolio

8.5.3.  Strategic Developments

8.5.4.  Revenue and Market Share

8.6.       Chase Corporation

8.6.1.  Business Overview

8.6.2.  Product Portfolio

8.6.3.  Strategic Developments

8.6.4.  Revenue and Market Share

8.7.       Electrolube

8.7.1.  Business Overview

8.7.2.  Product Portfolio

8.7.3.  Strategic Developments

8.7.4.  Revenue and Market Share

8.8.       Europlasma NV

8.8.1.  Business Overview

8.8.2.  Product Portfolio

8.8.3.  Strategic Developments

8.8.4.  Revenue and Market Share

8.9.       MG Chemicals

8.9.1.  Business Overview

8.9.2.  Product Portfolio

8.9.3.  Strategic Developments

8.9.4.  Revenue and Market Share

8.10.    Kisco Conformal Coatings LLC

8.10.1.      Business Overview

8.10.2.      Product Portfolio

8.10.3.      Strategic Developments

8.10.4.      Revenue and Market Share

9.       Global Conformal Coatings Market Competition, by Manufacturer

9.1.       Global Conformal Coatings Revenue and Market Share by Manufacturer (2017-2017)

9.2.       Global Conformal Coatings Price by Region (2017-2017)

9.3.       Top 5 Conformal Coatings Manufacturer Market Share

9.4.       Market Competition Trend

10.    Conformal Coatings Market Forecast (2027-2023)

10.1.    Global Conformal Coatings Revenue (Millions USD) and Growth Rate (2027-2023)

10.2.    Conformal Coatings Market Forecast by Regions (2027-2023)

10.2.1.      North America Conformal Coatings Market Forecast (2027-2023)

10.2.1.1. United States Conformal Coatings Market Forecast (2027-2023)

10.2.1.2. Canada Conformal Coatings Market Forecast (2027-2023)

10.2.1.3. Mexico Conformal Coatings Market Forecast (2027-2023)

10.2.2.      Europe Conformal Coatings Market Forecast (2027-2023)

10.2.2.1. Germany Conformal Coatings Market Forecast (2027-2023)

10.2.2.2. United Kingdom Conformal Coatings Market Forecast (2027-2023)

10.2.2.3. France Conformal Coatings Market Forecast (2027-2023)

10.2.2.4. Russia Conformal Coatings Market Forecast (2027-2023)

10.2.2.5. Italy Conformal Coatings Market Forecast (2027-2023)

10.2.2.6. Rest of the Europe Conformal Coatings Market Forecast (2027-2023)

10.2.3.      Asia-Pacific Conformal Coatings Market Forecast (2027-2023)

10.2.3.1. China Conformal Coatings Market Forecast (2027-2023)

10.2.3.2. Japan Conformal Coatings Market Forecast (2027-2023)

10.2.3.3. Korea Conformal Coatings Market Forecast (2027-2023)

10.2.3.4. India Conformal Coatings Market Forecast (2027-2023)

10.2.3.5. Southeast Asia Conformal Coatings Market Forecast (2027-2023)

10.2.3.6. Rest of Asia-Pacific Conformal Coatings Market Forecast (2027-2023)

10.2.4.      South America Conformal Coatings Market Forecast (2027-2023)

10.2.4.1. Brazil Conformal Coatings Market Forecast (2027-2023)

10.2.4.2. Argentina Conformal Coatings Market Forecast (2027-2023)

10.2.4.3. Columbia Conformal Coatings Market Forecast (2027-2023)

10.2.4.4. Rest of South America Conformal Coatings Market Forecast (2027-2023)

10.2.5.      Middle East and Africa Conformal Coatings Market Forecast (2027-2023)

10.2.5.1. Saudi Arabia Conformal Coatings Market Forecast (2027-2023)

10.2.5.2. UAE Conformal Coatings Market Forecast (2027-2023)

10.2.5.3. Egypt Conformal Coatings Market Forecast (2027-2023)

10.2.5.4. Nigeria Conformal Coatings Market Forecast (2027-2023)

10.2.5.5. South Africa Conformal Coatings Market Forecast (2027-2023)

10.2.5.6. Rest of MEA Conformal Coatings Market Forecast (2027-2023)

10.3.    Conformal Coatings Market Forecast By Product  (2027-2023)

10.3.1.      Global Conformal Coatings Revenue Forecast By Product  (2027-2023)

10.3.2.      Global Conformal Coatings Revenue Market Share Forecast By Product  (2027-2023)

10.4.    Conformal Coatings Market Forecast by Application  (2027-2023)

10.4.1.      Global Conformal Coatings Revenue Forecast by Application  (2027-2023)

10.4.2.      Global Conformal Coatings Revenue Market Share Forecast by Application  (2027-2023)


List of Tables

*You can glance through the list of Tables and Figures when you view the sample copy of Conformal Coatings Market.


Research Methodology

We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

Data Mining

Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

Data Collection Matrix

Data Collection Matrix

Supply Side

Demand Side

Primary Data Sources

  • Manufacturers
  • Distributors & Wholesalers
  • GPOs
  • Physicians/Specialist
  • Healthcare Providers
  • Consumers

Secondary Data Sources

  • Annual Reports/SEC Filings/ Investor Presentations/ Press Releases
  • Government/Associations Publications
  • Case Studies
  • Reference Customers

 

Market Modeling and Forecasting

We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.

  • Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
  • Number of patients for particular device or medical procedure and
  • Repeated use of particular device depending on health and condition of patient
  • Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.

We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.

Data Validation

We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.

Data Triangulation

data triangulation

Industry Analysis

Qualitative Data

Quantitative Data (2017-2025)

  • Market Dynamics (Drivers, Restraints, and Challenges)
  • Industry Trend Analysis
  • Market Opportunities
  • Government Policies and Regulations, Patent Analysis, and Reimbursement Policies
  • Porter’s Five Forces and PESTLE Analysis
  • Key Developments and Competitive Landscape
  • Market Assessment and Forecast
  • Market Assessment and Forecast, By Product
  • Market Assessment and Forecast, By Technology
  • Market Assessment and Forecast, By Application
  • Market Assessment and Forecast, By End User
  • Market Assessment and Forecast, By Region/Country

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