Automotive Conformal Coatings Market by Material (Acrylic, Silicone, Epoxy, Polyurethane, Parylene), Component (ECU, PCB, Sensor, Battery Casing, LED and Infotainment System), Application Method, Vehicle Type, EV, Region - Global Forecast to 2025
[165 Pages Report] The global automotive conformal coatings market size was valued at USD 1.8 billion by 2020 and is expected to reach USD 2.7 billion in 2025, at a CAGR of 8.7%, during the forecast period 2022-2030. The growth of this market is primarily driven by the increasing automotive electronics in vehicles and various technology advancement in application method of conformal coating.
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Market Dynamics
Driver: Increasing adoption of electronics in vehicles
The improving lifestyle and economic status have led to a change in consumer preferences across the globe. Demand for safety and comfort features in automobiles has seen an upward trend in recent years. These features require efficient operation of various ECUs, PCBs, and sensors, among other components.
New vehicles are equipped with in-vehicle air quality systems that use sensors to detect harmful gases entering the vehicle cabin, and if detected, close the inlet air cabin automatically. Sensors also have increased penetration in the overall automotive market with applications in rain sensor, ABS, HVAC control, automatic dimming mirror, and airbag actuation. The increased demand for safety and luxury features from customers has forced OEMs to provide these features in mid-segment cars as well. This has increased the number of sensors in vehicles over the years. According to experts, the number of sensors is projected to be above 250 per car in future. These sensors would require protective conformal coating shields to operate at challenging temperatures, and hence, will drive the market growth for automotive conformal coatings.
ECUs are responsible for controlling the electrical subsystems. In automotive applications, ECUs have wide functionality, from basic ECU that controls the engine and electrical movement of passenger seats to complex ECUs like those responsible for ensuring optimal engine performance based on the input from various sensors. Under the hood, today's ECUs incorporate microprocessors and can control electronic brakes, transmission, valve timing, and anti-theft systems, among others. Hence these components are coated with conformal coatings to protect them from harsh operating environments. Moreover, protecting these ECUs in EVs is more significant because the ECUs of EVs have a higher ASP (average selling price) than ICEs due to their complexity. This is expected to drive the market for automotive conformal coatings.
PCBs need to be precise for proper functioning of the engine system, transmission system, steering control system, and safety system. The automotive industry requires PCBs that can withstand high temperatures, moisture, and chemicals such as oils and lubricants. Conformal coatings provide PCBs with uniform conformal coatings to operate in diverse temperatures. According to Dymax, one of the conformal coating manufacturers, the use of PCBs is expected to increase with the rising adoption of EVs, hybrid, and autonomous vehicles, as they are expected to be loaded with more electronic components. Hence, more OEMs have begun to adopt electronic systems and have integrated semiconductor circuits in vehicles. Automotive electronics has become a major differentiated indicator for vehicles. Hence, increasing adoption of these auto electronics is expected to drive the automotive conformal coatings market.
Restraint: Costly removal and rework in case of damage
Conformal coating is a protective dielectric layer applied on PCBs assembly to protect them from dust, moisture, spray, salt spray, fungus, and corrosion caused by harsh environments. Also, adequate care needs to be taken while selecting the conformal material as it should not react with the component. The simplest coatings to remove are the acrylics. They have little chemical resistance, and therefore, are the easiest to remove with stripping fluids. Conformal coatings have various applications in the end-use industries such as automotive, aerospace & defense, industrial, marine, and military. However, some conformal coatings require complex techniques to apply and are costly to repair as well.
Acrylic conformal coatings are easier to apply, and their removal is also relatively simple. Polyurethane conformal coatings are slightly difficult to remove due to their chemical resistance. They can be removed by specifically designed stripping chemicals. Silicone conformal coatings cannot be completely removed, as there are no solvents to remove silicone. It can be removed by abrasion; however, doing so will leave silicone contamination on the board surface. Small repair work is possible, but it cannot be totally removed once applied to equipment. UV cure is another type of conformal coating that is difficult to repair due to its tough chemical and mechanical properties. Removal is possible only through powder abrasion. After repair, the board can be re-coated and cured, but it is a very costly process. Additionally, the affected area must be cleaned, or more precisely, pre-treated before re-coating. This process consumes a lot of time and money.
Opportunities: Technological advancements in conformal coating
Protecting automotive electronics has become more significant over the years, considering the conditions in which these vehicles operate. In modern vehicles, conformal coating is not just required to protect vital components against harsh operating conditions but also to increase surface insulation resistance due to space reduction between tracks. To withstand extreme operating conditions, new types of protective coatings are required. These coatings need to be resistant to moisture and chemicals and highly flexible to survive thermal shock excursions and temperature resistance to survive higher operating temperatures. Automobile electronics are usually required to work between -40¡ãC and 125¡ãC, with rapid transitions between temperature extremes. Large automotive companies, such as Bosch, Continental, and Valeo, are concerned because they use between 10 and 100,000 liters of conformal coatings per year.
With advancements in technology, the coating methodology has also undergone various changes. Materials like parylene are now applied via chemical vapor deposition in a slow and controlled process. Also, this application method being truly conformal ensures no loss in material thickness at the edges of the components, which would normally be an issue with wet coatings
Challenges: High price of conformal coatings
The cost of conformal coatings varies as per the material used and the application method. Currently, the price of conformal coatings is high, which makes it difficult to penetrate effectively in end-use industries. Acrylics are the least expensive among all and cost around USD 30¨C40/liter. Urethane and epoxy conformal coatings come in the price range of USD 50 to USD 70/liter. Silicones cost around USD 70¨C90/liter, and parylene is the most expensive among all the conformal coatings costing around USD 130¨C150/liter. As the price associated with these coatings is high, removal or rework proves to be very costly. Therefore, it is important to select conformal coating materials by considering removal and rework prices to avoid costly repairs in near future.
The high pricing has an adverse effect on the demand for conformal coatings. As the prices of these coatings are high, conformal coating manufacturers are striving hard to minimize the production cost by implementing new technologies or the cost of raw materials. They are also looking to develop coatings that can further increase the adoption to help generate revenues from new application areas. Hence, high price and high variance in price with respect to the material used for conformal coatings can pose a challenge to the growth of the automotive conformal coatings market.
Market Ecosystem
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Passenger car is estimated to be the largest segment in the automotive conformal coatings market, by vehicle type, during the forecast period
The demand and production of passenger cars, combined with recent regulations related to mandatory installation of airbags and stringent emission norms in countries like China and India is expected to drive market growth. Moreover, standard features, such as reverse parking assist and airbags, are expected to increase the installation of PCBs, ECUs, and sensors in passenger cars. Moreover, growing installation rate of LEDs in compact SUVs is also expected to drive market growth. Hence, increase in electronics components is expected to drive the passenger car conformal coatings market.
Acrylic estimated to be the largest segment of automotive conformal coatings market, by material, during the forecast period
Acrylic conformal coating is recognized for its high dielectric strength and fair moisture and abrasion resistance. This type of coating provides a primary level of protection at an economical cost when compared to other conformal coating materials. It is widely used for coating components inside the vehicle cabin as these components are not exposed to high temperatures. The key driver for acrylic dominating the market can be attributed to its cheaper cost than other available coatings and no special requirement of any additional equipment for its application. Moreover, it provides protection to sensitive components against a broad level of contaminations.
In component segment, sensor is projected to be the fastest growing segment during the forecast period
Installation of sensors is set to increase globally as the government is focusing on vehicle safety regulations. Also, increasing focus on emission and fuel efficiency is further expected to increase the installation of sensors in vehicles. Advancements in automotive technology and growing demand for safety features is expected to result in increased demand for sensor conformal coatings during the forecast period.
Asia Pacific is expected to account for the largest market size during the forecast period
COVID-19 has resulted in a decline in vehicle production, thereby affects the overall automotive filters market. However, a projected steady recovery by Q1-Q2 of 2021 in vehicle production will support the growth of the automotive conformal coatings market in the coming years. The region is home to leading vehicle production hubs such as China and Japan. Factors such as increasing electronics installation in vehicles to operate safely and strong base of electronic components manufacturers in China, South Korea, and Japan are expected to drive the Asia Pacific automotive coatings market.
Key Market Players
The automotive conformal coatings market is led by globally established players such as Dow (US), Henkel (Germany), Chase Corporation (US), H.B. Fuller (US), and Electrolube (UK). These companies adopted several strategies to gain traction in the growing market.
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|
Report Metric |
Details |
|
Market Size Available for Years |
2018¨C2025 |
|
Base Year Considered |
2019 |
|
Forecast Period |
2020¨C2025 |
|
Forecast Units |
Value (USD Million) and Volume (Thousand Liters) |
|
Segments Covered |
Material type, Component, Application method, Vehicle Type, EV type and region |
|
Geographies Covered |
Asia Oceania, Europe, North America, and RoW |
|
Companies Covered |
Dow (US), Henkel (Germany), Chase Corporation (US), H.B. Fuller (US), and Electrolube (UK). |
By Material
- Acrylic
- Silicone
- Parylene
- Epoxy
- Polyurethane
By Component
- ECU
- PCB
- Sensors
- Battery Casing
- LED
- Infotainment System
By Vehicle Type
- Passenger Car
- Light Commercial Vehicle
- Heavy Commercial Vehicle
By EV type
- BEV
- PHEV/HEV
By Application Method
- Brush Coating
- Dipping
- Spray Coating
- Selective Coating
- Vapor Deposition
By Region
- Asia Pacific
- Europe
- North America
- RoW
Recent Developments
- In February 2020, Dow introduced DOWSIL CC-820 UV and Moisture Dual-Core Conformal Coating at the IPC APEX EXPO 2020, San Diego, California. This is the first solventless silicone conformal coating that has a moisture dual-core system for high throughputs
- In January 2020, Electrolube launched New UV Coatings, Resins, and Gap Fillers for the US at IPC APEX EXPO in San Diego, California. Two new encapsulation resins from Electrolube were also launched. The new polyurethane resin, UR5645, is a tough, two-part encapsulation system developed for the protection of electrical components and is ideal for a wide range of applications, including automotive and marine environments.
- In March 2019, H.B. Fuller established H.B. Fuller Japan G.K. This step had been taken to strengthen its engineering adhesive (EA) business in Japan. The company¡¯s EA business serves electronics, transportation, renewable energies, aerospace, and medical markets
- In October 2019, Electrolube launched the next generation of UV cure conformal coatings at Productronica in Munich, Germany. The new coatings have been designed to fulfill the requirements of electronics, LED, and automotive manufacturers.
- In September 2019, Dymax Corporation introduced the newest product in its encapsulant portfolio, Dymax 9014, a dual©\cure formulation, which first cures using UV light and then secondarily with a moisture cure for shadow areas on PCBs.
- In September 2018, Henkel laid the cornerstone for the new global innovation center of its Adhesive Technologies business at the company¡¯s headquarters in D¨¹sseldorf. The company invested more than EUR 130 million to erect a state-of-the-art building. Once completed, the facility will allow more than 350 Henkel experts to develop new technologies and applications for a variety of industries. The building will also serve as a global customer center, where Henkel will present new solutions for adhesives, sealants, and functional coatings. The opening of the innovation center is planned for the end of 2020
Frequently Asked Questions (FAQ):
Impact of COVID-19 on automotive conformal coatings market?
The COVID-19 pandemic has significantly impacted the growth of the automotive industry. OEMs and automotive conformal coating manufacturers are working closely to develop coatings that can enhance protection of electronics components. The decline in production will affect market growth of conformal coating market as the market is directly dependent on vehicle production. However, with increasing demand for safety and comfort features in vehicle electronics the market is expected to have steady growth post pandemic.
Which component will lead the automotive conformal coating market in the future, what impact will it have on Asia Pacific region?
The demand and production of passenger cars, combined with recent regulations related to mandatory installation of airbags and stringent emission norms in countries like China and India is expected to drive market growth of sensors. Installation of sensors is set to increase globally as the government is focusing on vehicle safety regulations. Also, increasing focus on emission and fuel efficiency is further expected to increase the installation of sensors in vehicles
What strategic initiatives are being implemented by the key players for business growth?
Companies adopted new product developments and expansion as the key growth strategy in the last few years
What opportunities and restrain and opportunity for the automotive conformal coatings supplier?
Considering the slow growth of automotive industry and the impact of recent pandemic, the adoption of new application method such as CVD is expected to be delayed. Opportunity can be with respect to advancement in autonomous and connect mobility
Who are leading players in automotive conformal coatings market?
The automotive conformal coatings market is led by globally established players such as Dow (US), Henkel (Germany), Chase Corporation (US), H.B. Fuller (US), and Electrolube (UK) .
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 17)
1.1 OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS & EXCLUSIONS
1.3 MARKET SCOPE
FIGURE 1 MARKET SEGMENTATION: AUTOMOTIVE CONFORMAL COATINGS MARKET
1.4 STAKEHOLDERS
2 RESEARCH METHODOLOGY (Page No. - 20)
2.1 RESEARCH DATA
FIGURE 2 RESEARCH DESIGN
FIGURE 3 RESEARCH METHODOLOGY MODEL
2.1.1 SECONDARY DATA
2.1.1.1 List of key secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS
2.1.2.1 List of primary participants
2.2 MARKET ESTIMATION METHODOLOGY
FIGURE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING
2.2.1 BOTTOM-UP APPROACH
FIGURE 6 AUTOMOTIVE CONFORMAL COATINGS MARKET SIZE: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.3 TOP-DOWN APPROACH ¨C ELECTRIC VEHICLES
2.2.4 TOP-DOWN APPROACH ¨CBY MATERIAL
FIGURE 7 AUTOMOTIVE CONFORMAL COATINGS MARKET: RESEARCH DESIGN & METHODOLOGY
2.2.5 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDE
FIGURE 8 FACTORS IMPACTING MARKET SIZING
2.2.6 FACTOR ANALYSIS
2.3 DATA TRIANGULATION
FIGURE 9 DATA TRIANGULATION METHODOLOGY
2.4 RESEARCH ASSUMPTIONS
2.5 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY (Page No. - 35)
3.1 PRE- & POST-COVID-19 SCENARIO
FIGURE 10 PRE- & POST-COVID-19 SCENARIO: AUTOMOTIVE CONFORMAL COATINGS MARKET, 2018¨C2025 (USD MILLION)
TABLE 1 AUTOMOTIVE CONFORMAL COATINGS MARKET: PRE- VS. POST-COVID-19 SCENARIO, 2018¨C2025 (USD MILLION)
3.2 REPORT SUMMARY
4 PREMIUM INSIGHTS (Page No. - 38)
4.1 ATTRACTIVE OPPORTUNITIES IN AUTOMOTIVE CONFORMAL COATINGS MARKET
FIGURE 12 CUSTOMER INCLINATION TOWARD COMFORT AND SAFETY FEATURES TO DRIVE THE MARKET FOR CONFORMAL COATINGS
4.2 AUTOMOTIVE CC MARKET, BY MATERIAL
FIGURE 13 ACRYLIC SEGMENT TO HOLD LARGEST SHARE IN 2020 (USD MILLION)
4.3 AUTOMOTIVE CC MARKET, BY ELECTRIC VEHICLE
FIGURE 14 BEV SEGMENT EXPECTED TO DOMINATE THE MARKET (USD MILLION)
4.4 AUTOMOTIVE CC MARKET, BY VEHICLE TYPE
FIGURE 15 PASSENGER CAR SEGMENT TO HOLD LARGEST SHARE IN 2020 (USD MILLION)
4.5 AUTOMOTIVE CC MARKET, BY APPLICATION METHOD
FIGURE 16 SELECTIVE COATINGS TO DOMINATE THE MARKET (USD MILLION)
4.6 AUTOMOTIVE CC MARKET, BY COMPONENT
FIGURE 17 SENSORS EXPECTED TO SHOWCASE THE FASTEST DEMAND FOR CONFORMAL COATINGS (USD MILLION)
4.7 AUTOMOTIVE CC MARKET, BY REGION
FIGURE 18 ASIA PACIFIC ESTIMATED TO HAVE LARGEST SHARE IN 2020
5 MARKET OVERVIEW (Page No. - 42)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 19 AUTOMOTIVE CONFORMAL COATINGS: MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Increasing adoption of electronics in vehicles
FIGURE 20 AVERAGE ECU PER CAR, BY SIZE, 2007-2018 (UNITS)
5.2.1.2 Growing popularity of electric vehicles
FIGURE 21 GLOBAL BEV SALES, 2017¨C2025 (IN THOUSAND UNITS)
5.2.2 RESTRAINTS
5.2.2.1 Costly removal and rework in case of damage
5.2.2.2 Size reduction and consolidation of components
5.2.3 OPPORTUNITIES
5.2.3.1 Technological advancements in conformal coating
5.2.3.2 Advancements in autonomous and connected mobility
FIGURE 22 INCREASE IN NUMBER OF SENSORS FOR AUTONOMOUS CARS
5.2.4 CHALLENGES
5.2.4.1 High price of conformal coatings
5.3 AUTOMOTIVE CONFORMAL COATINGS MARKET SCENARIO
FIGURE 23 AUTOMOTIVE CONFORMAL COATINGS MARKET SCENARIO, 2018¨C2025 (USD MILLION)
5.3.1 MOST LIKELY SCENARIO
TABLE 2 AUTOMOTIVE CC MARKET (REALISTIC SCENARIO), BY REGION, 2018¨C2025 (USD MILLION)
5.3.2 LOW IMPACT SCENARIO
TABLE 3 AUTOMOTIVE CC MARKET (LOW IMPACT SCENARIO), BY REGION, 2018¨C2025 (USD MILLION)
5.3.3 HIGH IMPACT SCENARIO
TABLE 4 AUTOMOTIVE CC MARKET (HIGH IMPACT SCENARIO), BY REGION, 2018¨C2025 (USD MILLION)
5.4 REVENUE SHIFT FOR AUTOMOTIVE CC MARKET
FIGURE 24 CHANGE IN TRENDS FOR YOUR CLIENT (YC) AND YOUR CLIENT¡¯S CLIENT (YCC)
5.5 PORTER¡¯S FIVE FORCES ANALYSIS
FIGURE 25 PORTER¡¯S FIVE FORCES ANALYSIS
5.6 REGULATORY ANALYSIS
TABLE 5 STANDARDS AND SPECIFICATIONS PERTAINING TO THE CONFORMAL COATINGS
5.7 ECOSYSTEM/ MARKET MAP
5.8 AVERAGE SELLING PRICE TREND
TABLE 6 AVERAGE SELLING PRICE TREND: AUTOMOTIVE CC MARKET
5.9 PATENT ANALYSIS
TABLE 7 APPLICATIONS AND PATENTS GRANTED, 2018-2020
5.10 VALUE CHAIN: AUTOMOTIVE CC MARKET
FIGURE 26 VALUE CHAIN: AUTOMOTIVE CC MARKET
5.11 CASE STUDY ANALYSIS
5.11.1 FULLY-AUTOMATIC AND ECO-FRIENDLY CLEANING PROCESS FOR REMOVAL OF CONFORMAL COATING
5.11.2 CHIP RESISTOR FAILURE ON CONFORMAL COATED PCBA
5.12 TECHNOLOGICAL ANALYSIS
5.13 TRADE ANALYSIS
TABLE 8 IMPORT TRADE DATA, BY COUNTRY, 2019 (KILOGRAMS)
TABLE 9 EXPORT TRADE DATA, BY COUNTRY, 2019 (KILOGRAMS)
6 GLOBAL MARKET, BY MATERIAL (Page No. - 58)
Note: The Chapter is Further Segmented at Regional Level and Considered Regions are Asia Pacific, Europe, North America and RoW
6.1 INTRODUCTION
FIGURE 27 COMPARISON OF CONFORMAL COATINGS, BY MATERIAL
6.1.1 RESEARCH METHODOLOGY
6.1.2 ASSUMPTIONS
6.1.3 INDUSTRY INSIGHTS
FIGURE 28 AUTOMOTIVE CONFORMAL COATINGS MARKET, BY MATERIAL, 2020 VS. 2025 (USD MILLION)
TABLE 10 AUTOMOTIVE CONFORMAL COATINGS MARKET SIZE, BY MATERIAL, 2020¨C2025 (THOUSAND LITERS)
TABLE 11 AUTOMOTIVE CONFORMAL COATINGS MARKET SIZE, BY MATERIAL, 2020¨C2025 (USD MILLION)
6.2 SILICONE
TABLE 12 SILICONE CONFORMAL COATINGS MARKET SIZE, BY REGION, 2018¨C2025 (THOUSAND LITERS)
TABLE 13 SILICONE CONFORMAL COATINGS MARKET SIZE, BY REGION, 2018¨C2025 (USD MILLION)
6.3 ACRYLIC
TABLE 14 ACRYLIC CONFORMAL COATINGS MARKET SIZE, BY REGION, 2018¨C2025 (THOUSAND LITERS)
TABLE 15 ACRYLIC CONFORMAL COATINGS MARKET SIZE, BY REGION, 2018¨C2025 (USD MILLION)
6.4 EPOXY
TABLE 16 EPOXY CONFORMAL COATINGS MARKET SIZE, BY REGION, 2018¨C2025 (THOUSAND LITERS)
TABLE 17 EPOXY CONFORMAL COATINGS MARKET SIZE, BY REGION, 2018¨C2025 (USD MILLION)
6.5 POLYURETHANE
TABLE 18 POLYURETHANE CONFORMAL COATINGS MARKET SIZE, BY REGION, 2018¨C2025 (THOUSAND LITERS)
TABLE 19 POLYURETHANE CONFORMAL COATINGS MARKET SIZE, BY REGION, 2018¨C2025 (USD MILLION)
6.6 PARYLENE
TABLE 20 PARYLENE CONFORMAL COATINGS MARKET SIZE, BY REGION, 2018¨C2025 (THOUSAND LITERS)
TABLE 21 PARYLENE CONFORMAL COATINGS MARKET SIZE, BY REGION, 2018¨C2025 (USD MILLION)
7 GLOBAL MARKET, BY COMPONENT (Page No. - 67)
Note: The Chapter is Further Segmented at Regional Level and Considered Regions are Asia Pacific, Europe, North America and RoW
7.1 INTRODUCTION
7.1.1 RESEARCH METHODOLOGY
7.1.2 ASSUMPTIONS
7.1.3 INDUSTRY INSIGHTS
FIGURE 29 AUTOMOTIVE CONFORMAL COATINGS MARKET, BY COMPONENT, 2020 VS. 2025 (USD MILLION)
TABLE 22 AUTOMOTIVE CONFORMAL COATINGS MARKET, BY COMPONENT, 2018¨C2025 (THOUSAND LITERS)
TABLE 23 AUTOMOTIVE CONFORMAL COATINGS MARKET, BY COMPONENT, 2018¨C2025 (USD MILLION)
7.2 ECU
TABLE 24 ECU: CONFORMAL COATINGS MARKET, BY REGION, 2018¨C2025 (THOUSAND LITERS)
TABLE 25 ECU: CONFORMAL COATINGS MARKET, BY REGION, 2018¨C2025 (USD MILLION)
7.3 PCB
TABLE 26 PCB: CONFORMAL COATINGS MARKET, BY REGION, 2018¨C2025 (THOUSAND LITERS)
TABLE 27 PCB: CONFORMAL COATINGS MARKET, BY REGION, 2018¨C2025 (USD MILLION)
7.4 SENSORS
TABLE 28 SENSORS: CONFORMAL COATINGS MARKET, BY REGION, 2018¨C2025 (THOUSAND LITERS)
TABLE 29 SENSORS: CONFORMAL COATINGS MARKET, BY REGION, 2018¨C2025 (USD MILLION)
7.5 BATTERY CASING
TABLE 30 BATTERY CASING: CONFORMAL COATINGS MARKET, BY REGION, 2018¨C2025 (THOUSAND LITERS)
TABLE 31 BATTERY CASING: CONFORMAL COATINGS MARKET, BY REGION, 2018¨C2025 (USD MILLION)
7.6 LED
TABLE 32 LED: CONFORMAL COATINGS MARKET, BY REGION, 2018¨C2025 (THOUSAND LITERS)
TABLE 33 LED: CONFORMAL COATINGS MARKET, BY REGION, 2018¨C2025 (USD MILLION)
7.7 INFOTAINMENT SYSTEM
TABLE 34 INFOTAINMENT SYSTEM: CONFORMAL COATINGS MARKET, BY REGION, 2018¨C2025 (THOUSAND LITERS)
TABLE 35 INFOTAINMENT SYSTEM: CONFORMAL COATINGS MARKET, BY REGION, 2018¨C2025 (USD MILLION)
8 GLOBAL MARKET, BY VEHICLE TYPE (Page No. - 78)
Note: The Chapter is Further Segmented at Regional Level and Considered Regions are Asia Pacific, Europe, North America and RoW
8.1 INTRODUCTION
8.1.1 RESEARCH METHODOLOGY
8.1.2 ASSUMPTIONS
8.1.3 INDUSTRY INSIGHTS
FIGURE 30 AUTOMOTIVE CONFORMAL COATINGS MARKET, BY VEHICLE TYPE, 2020 VS. 2025 (USD MILLION)
TABLE 36 AUTOMOTIVE CONFORMAL COATINGS MARKET, BY VEHICLE TYPE, 2018¨C2025 (¡®000 LITERS)
TABLE 37 AUTOMOTIVE CONFORMAL COATINGS MARKET, BY VEHICLE TYPE, 2018¨C2025 (USD THOUSAND)
8.2 PASSENGER CAR
TABLE 38 PASSENGER CAR: CONFORMAL COATINGS MARKET, BY REGION, 2018¨C2025 (¡®000 LITERS)
TABLE 39 PASSENGER CAR: CONFORMAL COATINGS MARKET, BY REGION, 2018¨C2025 (USD MILLION)
8.3 LIGHT COMMERCIAL VEHICLE (LCV)
TABLE 40 LIGHT COMMERCIAL VEHICLE: CONFORMAL COATINGS MARKET, BY REGION, 2018¨C2025 (¡®000 LITERS)
TABLE 41 LIGHT COMMERCIAL VEHICLE: CONFORMAL COATINGS MARKET, BY REGION, 2018¨C2025 (USD THOUSAND)
8.4 HEAVY COMMERCIAL VEHICLE (HCV)
TABLE 42 HEAVY COMMERCIAL VEHICLE: CONFORMAL COATINGS MARKET, BY REGION, 2018¨C2025 (¡®000 LITERS)
TABLE 43 HEAVY COMMERCIAL VEHICLE: CONFORMAL COATINGS MARKET, BY REGION, 2018¨C2025 (USD THOUSAND)
9 GLOBAL MARKET, BY ELECTRIC VEHICLE (Page No. - 85)
Note: The Chapter is Further Segmented at Regional Level and Considered Regions are Asia Pacific, Europe, North America and RoW
9.1 INTRODUCTION
9.1.1 RESEARCH METHODOLOGY
9.1.2 ASSUMPTIONS
9.1.3 INDUSTRY INSIGHTS
FIGURE 31 AUTOMOTIVE CONFORMAL COATINGS MARKET, BY ELECTRIC VEHICLE, 2020 VS. 2025 (USD MILLION)
TABLE 44 AUTOMOTIVE CONFORMAL COATINGS MARKET, BY ELECTRIC VEHICLE, 2018¨C2025 (THOUSAND LITERS)
TABLE 45 AUTOMOTIVE CONFORMAL COATINGS MARKET, BY ELECTRIC VEHICLE, 2018¨C2025 (USD MILLION)
9.2 BATTERY ELECTRIC VEHICLE (BEV)
TABLE 46 BEV CONFORMAL COATINGS MARKET, BY REGION, 2018¨C2025 (THOUSAND LITERS)
TABLE 47 BEV CONFORMAL COATINGS MARKET, BY REGION, 2018¨C2025 (USD MILLION)
9.3 PLUG-IN HYBRID ELECTRIC VEHICLE/HYBRID ELECTRIC VEHICLE (PHEV/HEV)
TABLE 48 PHEV/HEV CONFORMAL COATINGS MARKET, BY REGION, 2018¨C2025 (THOUSAND LITERS)
TABLE 49 PHEV/HEV CONFORMAL COATINGS MARKET, BY REGION, 2018¨C2025 (USD MILLION)
10 GLOBAL MARKET, BY APPLICATION METHOD (Page No. - 91)
Note: The Chapter is Further Segmented at Regional Level and Considered Regions are Asia Pacific, Europe, North America and RoW
10.1 INTRODUCTION
10.1.1 RESEARCH METHODOLOGY
10.1.2 ASSUMPTIONS
10.1.3 INDUSTRY INSIGHTS
FIGURE 32 AUTOMOTIVE CONFORMAL COATINGS MARKET, BY APPLICATION METHOD, 2020 VS. 2025 (THOUSAND LITRES)
TABLE 50 AUTOMOTIVE CONFORMAL COATINGS MARKET, BY APPLICATION METHOD, 2018¨C2025 (THOUSAND LITERS)
10.2 BRUSH COATING
TABLE 51 BRUSH COATING: CONFORMAL COATINGS MARKET, BY REGION, 2018¨C2025 (¡®000 LITERS)
10.3 DIPPING
TABLE 52 DIPPING: CONFORMAL COATINGS MARKET, BY REGION, 2018¨C2025 (¡®000 LITERS)
10.4 SELECTIVE COATING
TABLE 53 SELECTIVE COATING: CONFORMAL COATINGS MARKET, BY REGION, 2018¨C2025 (¡®000 LITERS)
10.5 SPRAY COATING
TABLE 54 SPRAY COATING: CONFORMAL COATINGS MARKET, BY REGION, 2018¨C2025 (¡®000 LITERS)
10.6 VAPOR DEPOSITION
TABLE 55 VAPOR DEPOSITION: CONFORMAL COATINGS MARKET, BY REGION, 2018¨C2025 (¡®000 LITERS)
11 GLOBAL MARKET, BY REGION (Page No. - 97)
Note: The Chapter is Further Segmented By Component at Regional and Country Level
11.1 INTRODUCTION
11.2 RESEARCH METHODOLOGY
11.2.1 ASSUMPTIONS
FIGURE 33 AUTOMOTIVE CONFORMAL COATINGS MARKET, BY REGION, 2020 VS. 2025 (USD MILLION)
TABLE 56 AUTOMOTIVE CONFORMAL COATINGS MARKET, BY REGION, 2018¨C2025 (THOUSAND LITERS)
TABLE 57 AUTOMOTIVE CONFORMAL COATINGS MARKET, BY REGION, 2018¨C2025 (USD MILLION)
11.3 ASIA PACIFIC
11.3.1 GOVERNMENT MANDATES AND GROWING DEMAND FOR COMFORT FEATURES TO BOOST GROWTH
FIGURE 34 ASIA PACIFIC: MARKET SNAPSHOT
TABLE 58 ASIA PACIFIC: MARKET, BY COUNTRY, 2018¨C2025 (THOUSAND LITERS)
TABLE 59 ASIA PACIFIC: MARKET, BY COUNTRY, 2018¨C2025 (USD MILLION)
11.3.2 CHINA
11.3.2.1 China vehicle production
TABLE 60 CHINA: VEHICLE PRODUCTION, BY VEHICLE TYPE, 2016¨C2019 (¡®000 UNIT)
TABLE 61 CHINA: MARKET, BY COMPONENT, 2018¨C2025 (THOUSAND LITERS)
TABLE 62 CHINA: MARKET, BY COMPONENT, 2018¨C2025 (USD MILLION)
11.3.3 INDIA
11.3.3.1 India vehicle production
TABLE 63 INDIA: VEHICLE PRODUCTION, BY VEHICLE TYPE, 2016¨C2019 (¡®000 UNIT)
TABLE 64 INDIA: MARKET, BY COMPONENT, 2018¨C2025 (THOUSAND LITERS)
TABLE 65 INDIA: MARKET, BY COMPONENT, 2018¨C2025 (USD MILLION)
11.3.4 JAPAN
11.3.4.1 Japan vehicle production
TABLE 66 JAPAN: VEHICLE PRODUCTION, BY VEHICLE TYPE, 2016¨C2019 (¡®000 UNIT)
TABLE 67 JAPAN: MARKET, BY COMPONENT, 2018¨C2025 (THOUSAND LITERS)
TABLE 68 JAPAN: MARKET, BY COMPONENT, 2018¨C2025 (USD MILLION)
11.3.5 SOUTH KOREA
11.3.5.1 South Korea vehicle production
TABLE 69 SOUTH KOREA: VEHICLE PRODUCTION, BY VEHICLE TYPE, 2016¨C2019 (¡®000 UNIT)
TABLE 70 SOUTH KOREA: MARKET, BY COMPONENT, 2018¨C2025 (THOUSAND LITERS)
TABLE 71 SOUTH KOREA: MARKET, BY COMPONENT, 2018¨C2025 (USD MILLION)
11.4 EUROPE
11.4.1 STRONG PRESENCE OF CONFORMAL COATING SUPPLIERS TO DRIVE THE MARKET
FIGURE 35 EUROPE: MARKET, BY COUNTRY, 2018¨C2025 (THOUSAND LITERS)
TABLE 72 EUROPE: MARKET, BY COUNTRY, 2018¨C2025 (THOUSAND LITERS)
TABLE 73 EUROPE: MARKET, BY COUNTRY, 2018¨C2025 (USD MILLION)
11.4.2 GERMANY
11.4.2.1 Germany vehicle production
TABLE 74 GERMANY: VEHICLE PRODUCTION, BY VEHICLE TYPE, 2016¨C2019 (¡®000 UNIT)
TABLE 75 GERMANY: MARKET, BY COMPONENT, 2018¨C2025 (THOUSAND LITERS)
TABLE 76 GERMANY: MARKET, BY COMPONENT, 2018¨C2025 (USD MILLION)
11.4.3 FRANCE
11.4.3.1 France vehicle production
TABLE 77 FRANCE: VEHICLE PRODUCTION, BY VEHICLE TYPE, 2016¨C2019 (¡®000 UNIT)
TABLE 78 FRANCE: MARKET, BY COMPONENT, 2018¨C2025 (THOUSAND LITERS)
TABLE 79 FRANCE: MARKET, BY COMPONENT, 2018¨C2025 (USD MILLION)
11.4.4 UK
11.4.4.1 UK vehicle production
TABLE 80 UK: VEHICLE PRODUCTION, BY VEHICLE TYPE, 2016¨C2019 (¡®000 UNIT)
TABLE 81 UK: MARKET, BY COMPONENT, 2018¨C2025 (THOUSAND LITERS)
TABLE 82 UK: MARKET, BY COMPONENT, 2018¨C2025 (USD MILLION)
11.4.5 ITALY
11.4.5.1 Italy vehicle production
TABLE 83 ITALY: VEHICLE PRODUCTION, BY VEHICLE TYPE, 2016¨C2019 (¡®000 UNIT)
TABLE 84 ITALY: MARKET, BY COMPONENT, 2018¨C2025 (THOUSAND LITERS)
TABLE 85 ITALY: MARKET, BY COMPONENT, 2018¨C2025 (USD MILLION)
11.4.6 SPAIN
11.4.6.1 Spain vehicle production
TABLE 86 SPAIN: VEHICLE PRODUCTION, BY VEHICLE TYPE, 2016¨C2019 (¡®000 UNIT)
TABLE 87 SPAIN: MARKET, BY COMPONENT, 2018¨C2025 (THOUSAND LITERS)
TABLE 88 SPAIN: MARKET, BY COMPONENT, 2018¨C2025 (USD MILLION)
11.4.7 RUSSIA
11.4.7.1 Russia vehicle production
TABLE 89 RUSSIA: VEHICLE PRODUCTION, BY VEHICLE TYPE, 2016¨C2019 (¡®000 UNIT)
TABLE 90 RUSSIA: MARKET, BY COMPONENT, 2018¨C2025 (THOUSAND LITERS)
TABLE 91 RUSSIA: MARKET, BY COMPONENT, 2018¨C2025 (USD MILLION)
11.5 NORTH AMERICA
FIGURE 36 NORTH AMERICA: MARKET SNAPSHOT
TABLE 92 NORTH AMERICA: MARKET, BY COUNTRY, 2018¨C2025 (THOUSAND LITERS)
TABLE 93 NORTH AMERICA: MARKET, BY COUNTRY, 2018¨C2025 (USD MILLION)
11.5.1 US
11.5.1.1 US vehicle production
TABLE 94 US: VEHICLE PRODUCTION, BY VEHICLE TYPE, 2016¨C2019 (¡®000 UNIT)
TABLE 95 US: MARKET, BY COMPONENT, 2018¨C2025 (THOUSAND LITERS)
TABLE 96 US: MARKET, BY COMPONENT, 2018¨C2025 (USD MILLION)
11.5.2 MEXICO
11.5.2.1 Mexico vehicle production
TABLE 97 MEXICO: VEHICLE PRODUCTION, BY VEHICLE TYPE, 2016¨C2019 (¡®000 UNIT)
TABLE 98 MEXICO: MARKET, BY COMPONENT, 2018¨C2025 (THOUSAND LITERS)
TABLE 99 MEXICO: MARKET, BY COMPONENT, 2018¨C2025 (USD MILLION)
11.5.3 CANADA
11.5.3.1 Canada vehicle production
TABLE 100 CANADA: VEHICLE PRODUCTION, BY VEHICLE TYPE, 2016¨C2019 (¡®000 UNIT)
TABLE 101 CANADA: MARKET, BY COMPONENT, 2018¨C2025 (THOUSAND LITERS)
TABLE 102 CANADA: MARKET, BY COMPONENT, 2018¨C2025 (USD MILLION)
11.6 REST OF THE WORLD
11.6.1 BRAZIL
11.6.1.1 Brazil vehicle production
TABLE 103 BRAZIL: VEHICLE PRODUCTION, BY VEHICLE TYPE, 2016¨C2019 (¡®000 UNIT)
TABLE 104 BRAZIL: MARKET, BY COMPONENT, 2018¨C2025 (THOUSAND LITERS)
TABLE 105 BRAZIL: MARKET, BY COMPONENT, 2018¨C2025 (USD MILLION)
11.6.2 SOUTH AFRICA
11.6.2.1 South Africa vehicle production
TABLE 106 SOUTH AFRICA: VEHICLE PRODUCTION, BY VEHICLE TYPE, 2016¨C2019 (¡®000 UNIT)
TABLE 107 SOUTH AFRICA: MARKET, BY COMPONENT, 2018¨C2025 (THOUSAND LITERS)
TABLE 108 SOUTH AFRICA: MARKET, BY COMPONENT, 2018¨C2025 (USD MILLION)
12 RECOMMENDATIONS BY MARKETSANDMARKETS (Page No. - 123)
12.1 ASIA PACIFIC WILL BE KEY MARKET FOR AUTOMOTIVE CONFORMAL COATINGS
12.2 GROWING ELECTRIFICATION - KEY FOCUS AREAS
12.3 ADVANCEMENT IN MATERIAL TYPE
12.4 CONCLUSION
13 COMPETITIVE LANDSCAPE (Page No. - 125)
13.1 OVERVIEW
13.2 AUTOMOTIVE CONFORMAL COATINGS MARKET SHARE ANALYSIS, 2019
FIGURE 37 AUTOMOTIVE CC MARKET SHARE, 2019
13.3 AUTOMOTIVE CONFORMAL COATINGS MARKET REVENUE ANALYSIS OF TOP PLAYERS
FIGURE 38 TOP PLAYERS HAVE DOMINATED THE MARKET IN LAST 3 YEARS
13.4 MARKET EVOLUTION FRAMEWORK
FIGURE 39 AUTOMOTIVE CC MARKET EVALUATION FRAMEWORK
13.5 COMPANY EVALUATION QUADRANT
13.5.1 STAR
13.5.2 EMERGING LEADERS
13.5.3 PERVASIVE
13.5.4 PARTICIPANTS
13.5.5 COMPETITIVE EVALUATION MATRIX
FIGURE 40 COMPETITIVE EVALUATION MATRIX, 2019
13.6 STRENGTH OF PRODUCT PORTFOLIO
FIGURE 41 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN AUTOMOTIVE CONFORMAL COATINGS MARKET
13.7 BUSINESS STRATEGY EXCELLENCE
FIGURE 42 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN AUTOMOTIVE CC MARKET
FIGURE 43 MAJOR DEVELOPMENTS IN AUTOMOTIVE CONFORMAL COATINGS MARKET
13.8 COMPETITIVE SCENARIO
13.8.1 EXPANSION
TABLE 109 EXPANSIONS, 2017-2020
13.8.2 ACQUISITIONS
TABLE 110 ACQUISITIONS, 2017-2020
13.8.3 NEW PRODUCT DEVELOPMENT
TABLE 111 NEW PRODUCT DEVELOPMENT, 2018-2020
13.9 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2017-2020
FIGURE 44 COMPANIES ADOPTED NEW PRODUCT DEVELOPMENT AS THE KEY GROWTH STRATEGY, 2018¨C2020
14 COMPANY PROFILES (Page No. - 136)
(Business Overview, Products Offered, Recent Developments & MNM View)*
14.1 DOW
FIGURE 45 DOW: COMPANY SNAPSHOT
14.2 HENKEL
FIGURE 46 HENKEL: COMPANY SNAPSHOT
14.3 CHASE CORPORATION
FIGURE 47 CHASE CORPORATION: COMPANY SNAPSHOT
14.4 H.B. FULLER
FIGURE 48 H.B. FULLER: COMPANY SNAPSHOT
14.5 ELECTROLUBE
14.6 DYMAX
14.7 ALTANA AG
FIGURE 49 ALTANA AG: COMPANY SNAPSHOT
14.8 CHT GROUP
14.9 SHIN-ETSU CHEMICAL
FIGURE 50 SHIN-ETSU CHEMICAL: COMPANY SNAPSHOT
14.10 VSI PARYLENE (VERTICAL SOLUTIONS)
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
14.11 OTHERS
14.11.1 NORTH AMERICA
14.11.1.1 HZO
14.11.1.2 Para Tech Coating
14.11.1.3 Paratronix
14.11.1.4 CSL Silicones Inc
14.11.2 EUROPE
14.11.2.1 Comelec SA
14.11.2.2 Peters Group
14.11.3 ASIA PACIFIC
14.11.3.1 Conins Pune
14.11.3.2 Dawn Tech
15 APPENDIX (Page No. - 160)
15.1 DISCUSSION GUIDE
15.2 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
15.3 AVAILABLE CUSTOMIZATIONS
15.4 RELATED REPORTS
15.5 AUTHOR DETAILS
The study involves 4 main activities to estimate the current size of the automotive conformal coatings market. Exhaustive secondary research was done to collect information on the market, such as the conformal material, upcoming technologies, and component coated with these coating. The next step was to validate these findings, assumptions, and market analysis with industry experts across value chains through primary research. A mix of bottom-up and top-down approach was employed to estimate the market size for different segments considered under this study.
Secondary Research
The secondary sources referred for this research study include automotive organizations such as the European Automobile Manufacturers¡¯ Association, The Institute for Advanced Composites Manufacturing Innovation, corporate filings (such as annual reports, investor presentations, and financial statements), Factiva, CrunchBase, Bloomberg and trade, business, and automotive associations. Secondary data has been collected and analyzed to arrive at the overall market size, which is further validated by multiple industry experts.
Primary Research
Extensive primary research was conducted after acquiring an understanding of the global market scenario through secondary research. Several primary interviews were conducted with market experts from both the demand (OEM) and supply-side (automotive conformal coating manufacturers and distributors) players across four major regions, namely, North America, Europe, Asia Pacific, and the Rest of the World. Approximately 20% of primary interviews from the demand side and 80% from the supply side were conducted. Primary data was collected through questionnaires, mails, and telephonic interviews.
To know about the assumptions considered for the study, download the pdf brochure
Market Estimation Methodology
- A detailed market estimation approach was followed to estimate and validate the global market and other dependent submarkets, as mentioned below:
- Key players in the global market were identified through secondary research, and their global market shares were determined through primary and secondary research.
- The research methodology included the study of the annual and quarterly financial reports & regulatory filings of major market players as well as interviews with industry experts for detailed market insights.
- All application-level penetration rates, percentage shares, splits, and breakdowns for the automotive cc market were determined by using secondary sources and verified through primary sources.
- All key macro indicators affecting the revenue growth of the market segments and subsegments have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the validated and verified quantitative & qualitative data.
- The gathered market data was consolidated and added with detailed inputs, analyzed, and presented in this report.
Bottom-Up Approach
The bottom-up approach was used to estimate and validate the size of the global market and various other dependent sub-markets of the overall automotive conformal coatings market. The research methodology used to estimate the market size includes the following details.
The bottom-up approach was used to estimate and validate the size of this market, by component and vehicle type, at country and region levels. The country-level production of vehicles for each type (in units) was derived from secondary sources and paid databases and validated through primary interviews. The country-level production of vehicle types (passenger cars, light commercial vehicle, and heavy commercial vehicle) was multiplied by average number of quantity of components (ECU, PCB, sensors, battery casing, LED, and infotainment system), which was derived from secondary sources and validated through primary interviews. Then the average surface area of each component where the conformal coating is required was derived through secondary and primary validation. The average quantity of conformal coating per mm2 surface area for components was derived through secondary and primary validation. Multiplication of the coating quantity with average surface area derived conformal coating quantity per component. Multiplication of average quantity of conformal coating per component multiplied by the total number of components in each vehicle type provided the total quantity of conformal coating per component, and summation of quantities required for components per vehicle provides the quantity of conformal coating per vehicle in liters at country level. To derive the value market, for component and vehicle type segments, ASP of per ml/liter conformal coating has been derived through secondary and primary validation and multiplied with the total quantity per component, which provides conformal coating value by component, and summation of all component values provides conformal coating value by vehicle at country level. The summation of country-level markets led to the regional market, and further summation of the regional markets led to the global market, by vehicle type and component.
Market Size: Bottom-Up Approach
Top-Down Approach
The automotive conformal coatings market volume, by region (Asia Pacific, North America, Europe, and RoW), was derived from the global market by component. The average number of components installed per electric vehicle at regional level has been derived from secondary sources and validated by primary respondents. Further, the average quantity of conformal coatings for each component has been derived through primary and secondary sources. The average number of components installed per vehicle is then multiplied by average amount of conformal coatings required for each component. This provides average amount of conformal coating for unit vehicle. Multiplying per vehicle amount of conformal coating with sales of vehicle types at regional levels provides volume market at regional level. The regional-level volume market is then multiplied with the average price of coating to derive the value market for electric vehicle type segments. Further, summation of all region-wise markets was conducted to derive the total market, by electric vehicle, in terms of value (USD million) and volume ('000 liters).
For the material segment, the region-wise automotive cc market volume, by region (Asia Pacific, North America, Europe, and RoW), was derived from the global market by application method. Further, the percentage share of each material type (silicone, acrylic, epoxy, polyurethane, and parylene) at the regional level was derived from secondary sources and validated through primary sources. This percentage share of each material type was multiplied by regional volume to get this market volume ('000 liters) for each region. For the value market, the average selling price of each conformal coating (USD/liters) was derived at regional level from secondary sources and validated from primaries at the regional level. The global market, by material, was then multiplied by the average selling price of each material USD/liters. Through this, the global market, by material type, was derived in terms of value (USD million). Summation of all region-wise markets was done to derive the total market, by material, in terms of value (USD million) and volume ('000 Liters).
Top-Down Approach
Data Triangulation
All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. All parameters that are said to affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. The data has been consolidated, enhanced with detailed inputs and analysis from MarketsandMarkets, and presented in the report.
Report Objectives
- To define, describe, and forecast the size of the global market in terms of value and volume.
- To analyze and forecast the market size of market based on material (parylene, silicone, acrylic, epoxy, and polyurethane).
- To analyze and forecast the market size of market based on component (ECU, PCB, sensors, battery casing, LED, and infotainment system).
- To analyze and forecast the market size of market based on vehicle type (passenger car, light commercial vehicle, heavy commercial vehicle).
- To analyze and forecast the market size of market based on EV type [Battery Electric Vehicle (BEV) and Hybrid/ Plug-in Hybrid Electric Vehicle (HEV/PHEV)].
- To analyze and forecast the market based on application method (brush coating, dipping, spray coating, selective coating, vapor deposition).
- To analyze and forecast the market size of market based on region (Asia Pacific, Europe, North America, and Rest of the World).
- To understand the market dynamics (drivers, restraints, opportunities, and challenges) of the market
- To analyze the market ranking of key players operating in the market.
- To analyze the competitive landscape and prepare a competitive leadership mapping of the global players in the market.
- To analyze recent developments, alliances, joint ventures, mergers & acquisitions, new product launches, and other activities undertaken by key industry participants in the market.
Available Customizations
With the given market data, MarketsandMarkets offers customizations in accordance with the company¡¯s specific needs.
With the given market data, MarketsandMarkets offers customizations as per the specific needs of the companies. The following customization options are available for the report:
Country Information
- Application method segment at country level
Company Information
- Detailed analysis and profiling of additional market players (up to 5)
Pricing Analysis
- Detailed pricing analysis for each type of engineering plastics products
Generating Response ...
Growth opportunities and latent adjacency in Automotive Conformal Coatings Market