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Electronics Conformal Coating Market by Material, Equipment, Method, Application and Geography - Global Forecasts to 2020

Electronics Conformal Coating Market: Global Forecasts until 2020

  • January 2016
  • 141 pages
  • ID: 3773476
In this report:
The application in the automotive electronics sector, in terms of value, accounted for the second-largest share of about ##% of the market in 2014; it is expected to grow from USD ##.## million in 2014 to USD ##.## million by 2020, at a CAGR of ##.##% between 2015 and 2020.
The aerospace & defense and medical electronics application segments in the conformal coating material market of Japan are expected to witness high growth rates of ##.##% and ##.##% respectively between 2015 and 2020.


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"The growing use of electronics and need for highly reliable electronic devices would drive the conformal coating market"

The conformal coating market is forecasted to grow from ~$1.7B in 2014, and it is forecasted to reach ~$2.4B by 2020, at a compound annual growth rate (CAGR) of ~6.0 percent from 2015 to 2020. The rising use of electronic components especially in automotive, and consumer electronics industry, and increasing demand for highly reliable electronic devices/equipment are the main drivers for the conformal coating market.

"The industry for Parylene conformal coating is anticipated to increase at the highest compound annual growth rate (CAGR)"

Parylene conformal coating in the conformal coating material market is forecasted to grow at a top compound annual growth rate (CAGR) during the outlook period. This is because of its ability to offer excellent protection from moisture, vibration, abrasion, extreme temperature, and chemicals. Moreover, this coating is mil-spec, and FDA approved coating; which is accelerating its development in aerospace & defense and medical electronics market.

"The sector in Asia-Pacific is anticipated to rise at the maximal rate"

The industry in Asia-Pac is anticipated to grow at an important compound annual growth rate (CAGR) from 2015 to 2020. The quick increase of the automotive sector in this area, additionally to the rise of consumer electronics, and aerospace & defense markets has contributed to the increase of the conformal coating material in the Asia-Pacific regions.

In the process of finding out and checking the market value for various segments and subsegments collected by secondary research, extensive primary audit sessions were managed with main people.

Distribution of profile of primary members taking part is given below as:

- By Company category: Tier 1 - 22 %, Tier 2 - 35.0 percent and Tier 3 - 43.0 percent

- By Description: C-suite - 29.0 percent, D-level - 37.0 percent, Others - 34.0 percent

- By area: North america (NA) - 39.0 percent, Europe - 31.0 percent, APAC - 21.0 percent, RoW - 9.0 percent

Top players in the sector contain Chase Corporation, MG Chemicals Ltd., DOW Corning Corporation, Chemtronics, Dymax Corporation, Electrolube, Nordson Corporation, Precision Valve & Automation, Incorporated, Shin-Etsu Chemical Co. Ltd., Henkel AG & Co (ETR:HEN), and Peters Group among others.

The analysis would benefit the market top players/new sector entrants in this sector in these ways:

1. This document breaks down the conformal coating market comprehensively and offers the best approximations of the revenue data for the global market and the sub-segments across the distinct verticals and localities.

2. The market research benefits partners to comprehend the pulse of the sector and offers them information on main market drivers, market restraints, opportunities, and alternatives.

3. This industry report would benefit partners to better find out the competitor and obtain additional insights to improve their rank in the business sector. The competitive outlook section includes competitor landscape, newproduct develpoments, alliances, mergers and acquisitions.

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