Global Conformal Coating Market 2019 - 2023 | Increasing Demand for Smart Wearables to Boost Growth| Technavio

Technavio has announced its latest market research report titled global conformal coating market 2019-2023. (Graphic: Business Wire)

LONDON--()--The global conformal coating market size is poised to reach USD 300.28 million by 2023, according to a new report by Technavio, progressing at a CAGR of 6% during the forecast period.

Read the 179-page research report with TOC on "Conformal Coating Market Analysis Report by application method (spray coating, brush coating, selective coating, dip coating, vapor deposition), by type (acrylic, silicone, epoxy, urethane, paraxylene, and other types), by application (consumer electronics, automotive electronics, aerospace and defense electronics, medical electronics, other applications) and by geographical regions (North America, Europe, APAC, South America, and MEA) 2019 - 2023". Request Free Sample Pages

The market is driven by the increasing demand for smart wearables and IoT devices. In addition, increasing use of automation in industries is anticipated to further boost the conformal coating market during the forecast period.

Consumer electronics and communication devices are major application areas for conformal coating. The sales of mobile phones have grown exponentially over the past two decades, driven by technological innovations and a decline in the prices of electronic components. Moreover, to keep these devices running for a long duration, device manufacturers are using advanced coating technology solutions. Therefore, the exponential increase in smartphones, wearables, and IoT devices will boost the growth of the global conformal coatings market during the forecast period.

Furthermore, the increase in automation across all sectors in the global economy especially in the manufacturing sector is expected to become a driving force for the global conformal coating market during the forecast period. Several companies are facing an erosion in profit margins due to the increase in the cost of labor, coupled with manufacturing overcapacity in some countries. These factors are pushing manufacturers to adopt automation as the advantages of automated robots and machines outweigh the costs in the long run. The use of conformal coatings in electronic equipment play a vital role, as downtime of any particular machine or workstation in a production line causes the entire production line to halt. Thus, industrial automation will boost the use of conformal coating during the forecast period.

For More Information: Request Free Sample Pages

The report includes detailed profiles of the leading companies & prominent vendors of the market:

  • Chase Corp.
  • Daikin Industries Ltd.
  • Dymax Corp.
  • H K Wentworth Ltd.
  • H.B. Fuller Co.
  • Henkel AG & Co. KGaA
  • KISCO Ltd.
  • MG Chemicals
  • Shin-Etsu Chemical Co. Ltd.
  • The Dow Chemical Co.

Market Segmentation by Category and Product Types:

The Conformal Coating Market can be broadly categorized into the following application method:

  • Spray coating
  • Brush coating
  • Selective coating
  • Dip coating
  • Vapor deposition

Key Regions for the Conformal Coating Market:

Featuring a breakdown of region wise market shares until 2019.

  • North America
  • Europe
  • APAC
  • South America
  • MEA

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis


Market Sizing

  • Market definition
  • Market size and forecast


Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report

Related Reports on Materials Market are:

Expanded Polystyrene Market – Global Expanded Polystyrene Market by application (electronic appliances, food and beverages, healthcare, and other applications) and geography (APAC, Europe, MEA, North America, and South America).

Electronic Adhesives Market– Global Electronic Adhesives Market by material (silicone adhesives, polyurethane adhesives, acrylic adhesives, epoxy adhesives, and others), product (electrically conductive adhesives, thermally conductive adhesives, UV curing adhesives, and others), application (surface mounting, conformal coatings, wire tacking, and potting and encapsulation), and geography (APAC, Europe, MEA, North America, and South America).

About Technavio

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Technavio Research 
Jesse Maida 
Media & Marketing Executive 
US: +1 844 364 1100 
UK: +44 203 893 3200


Release Summary

The global conformal coating market size is poised to reach USD 300.28 million by 2023, according to a new report by Technavio


Technavio Research 
Jesse Maida 
Media & Marketing Executive 
US: +1 844 364 1100 
UK: +44 203 893 3200