PPT-Conformal Coatings Market: Global Market Insights, Inc.

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Conformal Coatings Market 2016 2023
Conformal Coatings Market Size, Industry Analysis
Report, Regional Outlook, Application Development
Potential, Price Trends, Competitive Landscape
Forecast, 2016 2023
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Global Market Scenario of Conformal Coatings

• Global conformal coatings market size was worth
  over USD 3 billion in 2014 and is likely to be
  valued at USD 5.2 billion by 2023, growing at
  CAGR of above 6.2.
• Electronics based conformal coatings market size
  was the largest and accounted for over 35 of the
  total demand in 2014. This application generated
  revenue exceeding USD 1.6 billion in 2014 and is
  likely to register above USD 2.5 billion by
  2023. 
• Acrylic resin conformal coatings accounted for
  more than 65 of the total demand in 2014 and are
  likely to witness moderate growth rate over the
  forecast period. Silone resins accounted for more
  than 25 of the total revenue share in 2014 and
  are likely to grow at significant rate till
  2023. 
• Increasing cost of low VOC bearing solvents
  coupled with declining prices are expected to
  squeeze supplier profitability.

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Continue.....

• Different resin used serve as base materials and
  every type has used has different properties,
  performance characteristics and application
  issues associated with them. Their choice in
  depends upon operation and environmental
  conditions present at time of different
  applications.
• Conformal coatings are applied through dipping,
  flow coating or spraying. Robotic dispensing
  systems are most commonly used for myriad
  applications. Brushing systems are done for small
  operations or at times of repair work in which
  uniform coating is difficult.
• Handheld spray gun is used with low viscosity
  coatings which are appropriate a bit larger
  volumes and require masking to protect PCB where
  coating is not required which includes LED
  lenses, heat sinks, connectors and speakers.
  Overspray and consistency is a concern with
  handheld spray gun.
• Get more detail _at_ https//www.gminsights.com/indus
  try-analysis/conformal-coatings-market

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360 Analysis

• Application Analysis
• Increasing application scope in automobile
  industry is likely to drive conformal coatings
  demand over the forecast period. Automotive
  industry specifies its use in protecting
  circuitry against gasoline vapor, brake fluid and
  salt spray. Electronic system application in the
  form of GPS parking systems is growing rapidly
  and protection against aforementioned factors is
  vital for ensuring long term reliability. They
  are used in automotive applications such as under
  the hood systems and passenger compartments
  systems such as onboard computers.
• Regional Analysis
• North America, in particular U.S. conformal
  coatings market share and accounted for 30 in
  2014 and is likely to grow at significant rate
  over the forecast period. Asia Pacific is likely
  to witness highest gains over the forecast period
  owing to electronics industry growth in China,
  India and South Korea.
• Competitive Market Share
• The global conformal coatings market share is
  concentrated with few large industry participants
  such as Cytec Industries, Chase Corp, Dymax Corp,
  Dow Corning and Glenro Inc. Other prominent
  players include Epoxies Etc, Electrolube, Henron
  Manufcaturing, ITW Chemtronics, and Master Bond
  Inc.
• Get more detail _at_ https//www.gminsights.com/indus
  try-analysis/conformal-coatings-market

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