1. Market Research
  2. > Chemical
  3. > Specialty Chemical
  4. > Paint and Coating Market Trends
Global Conformal Coatings Market (2019-2025)

Global Conformal Coatings Market (2019-2025)

  • November 2019
  • 179 pages
  • ID: 5832278
  • Format: PDF
  • By KBV Research

Summary

Table of Contents

The Global Conformal Coatings Market size is expected to reach $14 billion by 2025, rising at a market growth of 5.44% CAGR during the forecast period. The rising demand from consumer electronics sectors, to safeguard PCBs ( printed circuit boards) from heating, moisture, dust, heating, and other environmental influences is predicted to fuel the market growth.

Key market players are directing their efforts on backward and forward integration to enhance their competitiveness in the market. Companies are also venturing into the distribution channels to aim a cost cutting and access more control on logistics. Further, the presence of manufacturers, suppliers and new entrants in large numbers is making the competition in Conformal Coatings market quite high. Owing to the fast growth of the market, many market players are also adopting the mergers and acquisitions as one of the key strategy to gain a hold on market share thereby strengthening their core competencies.

The rise in demand for durable electronic devices along with the increase in requirement for automation platforms across sectors is fuelling the market growth for Conformal Coatings globally. In addition the strong market penetration of the product across number of industries and advanced technologies deployed for product manufacturing is further augmenting the demand of the conformal coatings in the market.

Based on the Application, the market is segmented into Electronics, Medical, Automotive, Aerospace & Defense and Others. Based on Product, the market is segmented into Acrylic, Silicone, Epoxy, Urethane and Parylene. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. Asia Pacific is expected to grow at the fastest growth rate among other regions, globally. With the substantial investments by the electronic device manufacturers especially in China, India, Taiwan, Japan and South Korea is boosting the demand for Conformal Coatings market in Asia Pacific region.

The major strategies followed by the market participants are Product launches and Partnerships & Collaborations. Based on the Analysis presented in the Cardinal matrix, Henkel AG & Co. KgaA, Illinois Tyools Works, Inc., Shin-Etsu Chemicals Co., Ltd., and The Dow Chemical Company (Dow Corning Ltd.) are some of the forerunners in the Conformal Coatings Market. The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include MG Chemicals Ltd., Europlasma NV, H.B. Fuller Company, Shin-Etsu Chemical Co., Ltd., Chase Corporation, Dymax Corporation, Kisco Conformal Coatings, LLC, The Dow Chemical Company (Dow Corning Ltd.), Henkel AG & Company, KGaA and Illinois Tool Works Inc.

Recent strategies deployed in Conformal Coatings Market

Partnerships, Collaborations, and Agreements:

Aug-2019: Dymax collaborated with Dorigo in which Dorigo will install Dymax UVCS 2.0 Conveyer in order to improve the conformal coating quality.

Nov-2018: Dymax announced its partnership with Biesterfeld for developing light-curing industrial adhesives and curing systems.

Oct-2018: Henkel came into partnership with Aculon in which Henkel can manufacture and market the NanoProof® series of waterproofing products of Aculon.

Acquisition and Mergers:

Sep-2017: H.B. Fuller acquired Royal Adhesives & Sealants in order to expand its adhesives business.

Oct-2016: Chase announced the acquisition of Resin Design LLC in order to expand its business in advanced adhesives and sealants.

Jan-2016: Kisko took over Specialty Coating Systems, Inc. in order to deliver high quality parylene technologies and services.

Product Launches and Product Expansions:

Sep-2019: Henkel has unveiled Hysol® PC62, a quick drying, toluene-free conformal coating system in order to provide mechanical and environmental protection to PC boards.

Sep-2019: Dymax launched Multi-Cure® 9451, conformal coating A “True” Black Color in order to deliver enhanced protection for PCB performance.

Jun-2019: Henkel introduced Loctite Liofol LA 2798, adhesive solution for high-performance packaging applications.

Feb-2018: HumiSeal, a Chase company introduced adhesives and encapsulation solutions which comprises of epoxy, urethane, and acrylate which offers protection from chemical attack, mechanical stress, and moisture ingress.

Expansions:

Mar-2019: H.B. Fuller expanded its global reach to Japan by opening a new subsidiary, H.B. Fuller Japan G.K. in order to enhance its adhesives business.

Sep-2018: Shin-Etsu expanded its business to Japan and internationally by making investments in its silicon business in which the company will focus on developing products ranging from silicon monomer to end-products.

Scope of the Study

Market Segmentation:

By Application

• Electronics

• Medical

• Automotive

• Aerospace & Defense

• Others

By Product

• Acrylic

• Silicone

• Epoxy

• Urethane

• Parylene

By Geography

• North America

o US

o Canada

o Mexico

o Rest of North America

• Europe

o Germany

o UK

o France

o Russia

o Spain

o Italy

o Rest of Europe

• Asia Pacific

o China

o Japan

o India

o South Korea

o Singapore

o Australia

o Rest of Asia Pacific

• LAMEA

o Brazil

o Argentina

o UAE

o Saudi Arabia

o South Africa

o Nigeria

o Rest of LAMEA

Companies Profiled

• MG Chemicals Ltd.

• Europlasma NV

• H.B. Fuller Company

• Shin-Etsu Chemical Co., Ltd.

• Chase Corporation

• Dymax Corporation

• Kisco Conformal Coatings, LLC

• The Dow Chemical Company (Dow Corning Ltd.)

• Henkel AG & Company, KGaA

• Illinois Tool Works Inc.

Unique Offerings from KBV Research

• Exhaustive coverage

• Highest number of market tables and figures

• Subscription based model available

• Guaranteed best price

• Assured post sales research support with 10% customization free

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
15% Off

($3600)

  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Decorative Coatings Market by Resin Type, Technology, User Type, Coating Type, Application And Region - Global Forecast to 2024

Decorative Coatings Market by Resin Type, Technology, User Type, Coating Type, Application And Region - Global Forecast to 2024

  • $ 4950
  • January 2020

The decorative paints & coatings market is projected to register a CAGR of 4.2% between 2019 and 2024.The decorative paints & coatings market is projected to grow from USD 67.0 billion in 2019 to USD 82.4 ...

Waterborne Coatings Market by Resin Type, Application, Region - Global Forecast to 2024

Waterborne Coatings Market by Resin Type, Application, Region - Global Forecast to 2024

  • $ 4950
  • January 2020

The global waterborne coatings market size is projected to register a CAGR of 4.4%, in terms of value, between 2019 and 2024.The global waterborne coatings market size is projected to grow from USD 74.1 ...

Driers Markets in China

Driers Markets in China

  • $ 4000
  • September 2019

China’s demand for Driers has grown at a fast pace in the past decade.In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has ...


ref:plp2019

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on