Conformal Coatings Market by Type (Acrylics, Epoxy, Urethane, Silicone, Parylene, and Others), by End-Use Industry (Automotive & Transportation, Electronics, Aerospace & Defense, Industrial, Marine, and Others), by Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America) - Global Trends & Forecasts to 2021

The global conformal coatings market size, which was USD 9.7 Billion in 2015, is estimated to reach USD 12.28 Billion by 2021 at a CAGR of 4.7% between 2016 and 2021.

The objectives of the report are as follows:

• To define and segment the market for conformal coatings
• To provide detailed information regarding major factors influencing the growth of the market for conformal coatings (drivers, restraints, opportunities, and challenges)
• To analyze and forecast the market size of conformal coatings, in terms of volume and value
• To analyze the market segmentation and project the market size, in terms of value and volume, for key regions such as North America, Europe, Asia-Pacific, South America, and the Middle East & Africa
• To analyze competitive developments such as new product launches, capacity expansions, mergers & acquisitions, and partnerships & agreements in the market for conformal coatings
• To strategically profile key players in the market of conformal coatings

The base year considered for the study is 2015, while the forecast period is between 2016 and 2021.

Both, top-down and bottom-up approaches have been used to estimate and validate the size of the global market and to estimate the sizes of various other dependent submarkets in the overall conformal coating market. The research study involved extensive use of secondary sources, directories, and databases such as Hoovers, Bloomberg, Chemical Weekly, Factiva, and other government and private websites to identify and collect information useful for the technical, market-oriented, and commercial study of the global conformal coatings market.

To know about the assumptions considered for the study, download the pdf brochure

The value chain of the conformal coatings market starts with the sourcing of basic raw materials, manufacturing and supplying to intermediate product manufacturers, and used for various end-use applications. Raw material suppliers are the epoxy resins, water base resins, volatile organic compounds (VOCs), bismaleimide (BMI) resins, and phenolics manufacturers and suppliers. Various companies, such as Aditya Birla Chemicals (India), Supreme Polytech Private Limited (India), and National Analytical Corporation (India) manufacture these raw materials. Companies manufacture raw materials and supply it to the conformal coatings manufacturers such as MG Chemicals (Canada) and Shin-Etsu Chemical Company Limited (Japan). Conformal coating manufacturers use it in intermediate products such as printed circuit boards. The products are then used in companies such as General Motors (U.S.) and Casio (Japan).

Key Target Audience:

• Raw material suppliers
• Conformal coatings manufacturers 
• Traders, distributors, and conformal coatings suppliers
• Government and regional agencies and research organizations
• Investment research firms

Scope of the Report:

This research report categorizes the global conformal coatings market on the basis of type, end user, and region.

On the basis of Type:

• Acrylics
• Epoxy
• Urethane
• Silicone
• Parylene
• Other type (UV Cure)

On the basis of End User:

• Electronics
• Automotive & Transportation
• Aerospace & Defense
• Industrial
• Marine
• Other End Users (Telecommunications & Military)

On the basis of Region:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

The market is further analyzed for the key countries in each of these regions.

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Geographic Analysis:

• Country-level analysis of the conformal coatings market by end-user

Company Information:

• Detailed analysis and profiling of additional market players

Product Analysis

• Product Matrix, which gives a detailed comparison of product portfolio of each company

Table of Contents

1 Introduction (Page No. - 17)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 By Region
    1.4 Years Considered for the Study
    1.5 Currency
    1.6 Package Size
    1.7 Stakeholders

2 Research Methodology (Page No. - 21)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primary Interviews
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Data Triangulation
    2.4 Research Assumptions
    2.5 Limitations

3 Executive Summary (Page No. - 29)

4 Premium Insights (Page No. - 33)
    4.1 Attractive Market Opportunities for Conformal Coatings
    4.2 Asia-Pacific: Largest Conformal Coatings Market
    4.3 Asia-Pacific Expected to Dominate the Global Conformal Coatings Market, 2016–2021
    4.4 Lifecycle Analysis

5 Market Overview (Page No. - 37)
    5.1 Introduction
    5.2 Segmentation
           5.2.1 By Type
           5.2.2 By End-Use Industry
           5.2.3 By Region
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Growing Demand From Automotive & Transportation Industry in Asia-Pacific
                    5.3.1.2 Increased Operational Parameters for Electronic Components in Aerospace & Defense Industry
           5.3.2 Restraints
                    5.3.2.1 Expensive Replacement and Repairing in Case of Damage
                    5.3.2.2 Technological Restraints
           5.3.3 Opportunities
                    5.3.3.1 New Product Development Broadens Application Areas of Conformal Coatings
           5.3.4 Challenges
                    5.3.4.1 High Price Affecting Demand

6 Industry Trends (Page No. - 46)
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Porter’s Five Forces Analysis
           6.3.1 Bargaining Power of Suppliers
           6.3.2 Threat of New Entrants
           6.3.3 Threat of Substitutes
           6.3.4 Bargaining Power of Buyers
           6.3.5 Intensity of Competitive Rivalry
    6.4 Economic Indicator
           6.4.1 Introduction
           6.4.2 Trends and Forecast of GDP
           6.4.3 Per Capita GDP vs Per Capita Conformal Coatings Demand
           6.4.4 Trends and Forecast of Manufacturing Industry,  By Country
           6.4.5 Trends of Electronics Industry
           6.4.6 Trends of Aerospace Industry
           6.4.7 Trends of Automotive Industry
           6.4.8 Conformal Coatings Industry, By Technology
    6.5 Patent Analysis

7 Conformal Coatings Market, By Type (Page No. - 67)
    7.1 Introduction
           7.1.1 Silicone
           7.1.2 Acrylic
           7.1.3 Epoxy
           7.1.4 Urethane
           7.1.5 Parylene
           7.1.6 Others

8 Conformal Coatings Market, By End-Use Industry (Page No. - 80)
    8.1 Introduction
           8.1.1 Electronics
           8.1.2 Aerospace & Defense
           8.1.3 Automotive & Transportation
           8.1.4 Industrial
           8.1.5 Marine
           8.1.6 Other End-Use Industries

9 Conformal Coatings Market, By Region (Page No. - 92)
    9.1 Introduction
    9.2 North America
           9.2.1 U.S.
           9.2.2 Canada
           9.2.3 Mexico
    9.3 Europe
           9.3.1 Germany
           9.3.2 France
           9.3.3 Russia
           9.3.4 U.K.
           9.3.5 Rest of Europe
    9.4 Asia-Pacific
           9.4.1 China
           9.4.2 India
           9.4.3 Japan
           9.4.4 Taiwan
           9.4.5 South Korea
           9.4.6 Indonesia
           9.4.7 Singapore
           9.4.8 Rest of Asia-Pacific
    9.5 Middle East & Africa
           9.5.1 Saudi Arabia
           9.5.2 South Africa
           9.5.3 Rest of Middle East & Africa
    9.6 South America
           9.6.1 Brazil
           9.6.2 Argentina
           9.6.3 Rest of South America

10 Competitive Landscape (Page No. - 159)
     10.1 Overview
     10.2 Competitive Situations and Trends
     10.3 New Product Launches: Most Popular Growth Strategy Between 2013 and 2016
             10.3.1 New Product Launches
             10.3.2 Expansions
             10.3.3 Agreements & Partnerships
             10.3.4 Mergers & Acquisitions

11 Company Profiles (Page No. - 165)
     11.1 Henkel AG & Co. KGAA
             11.1.1 Business Overview
             11.1.2 Products Offered
             11.1.3 SWOT Analysis
             11.1.4 MnM View
     11.2 Illinois Tool Works.
             11.2.1 Business Overview
             11.2.2 Products Offered
             11.2.3 Recent Developments
             11.2.4 SWOT Analysis
             11.2.5 MnM View
     11.3 Shin-Etsu Chemical Co., Ltd.
             11.3.1 Business Overview
             11.3.2 Products Offered
             11.3.3 Recent Developments
             11.3.4 SWOT Analysis
             11.3.5 MnM View
     11.4 DOW Corning
             11.4.1 Business Overview
             11.4.2 Products Offered
     11.5 H.B. Fuller
             11.5.1 Business Overview
             11.5.2 Products Offered
             11.5.3 Recent Developments
             11.5.4 SWOT Analysis
             11.5.5 MnM View
     11.6 Chase Corporation
             11.6.1 Business Overview
             11.6.2 Products Offered
             11.6.3 Recent Developments
             11.6.4 SWOT Analysis
             11.6.5 MnM View
     11.7 Electrolube
             11.7.1 Business Overview
             11.7.2 Products Offered
             11.7.3 Recent Developments
     11.8 Europlasma NV
             11.8.1 Business Overview
             11.8.2 Products Offered
             11.8.3 Recent Developments
     11.9 MG Chemicals
             11.9.1 Business Overview
             11.9.2 Products Offered
     11.10 Kisco Conformal Coatings LLC
             11.10.1 Business Overview
             11.10.2 Products Offered
             11.10.3 Recent Developments
     11.11 Dymax Corporation.
             11.11.1 Business Overview
             11.11.2 Products Offered
             11.11.3 Recent Developments
     11.12 Other Companies
             11.12.1 Protech Powder Inc.
             11.12.2 Altana AG Electrical Insulation
             11.12.3 ACC Silicones Ltd.
             11.12.4 CSL Silicones Inc.
             11.12.5 Peters Group.
             11.12.6 Conins Pune
             11.12.7 Anabond Limited
             11.12.8 Creative Materials.
             11.12.9 Avante International Technologies
             11.12.10 Masterbond
             11.12.11 Aalpha Conformal Coatings
             11.12.12 Dolph C John
             11.12.13 ACL Staticide
             11.12.14 Electro-Lite Corp.

12 Appendix (Page No. - 189)
     12.1 Insights From Industry Experts
     12.2 Discussion Guide
     12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     12.4 Introducing RT: Real Time Market Intelligence
     12.5 Available Customizations
     12.6 Related Reports

List of Tables (162 Tables)

Table 1 Rising Demand From Automotive & Transportation in Asia-Pacific Driving the Growth of Conformal Coatings
Table 2 Expensive Replacement & Repairing and Technological Restraints Restricting Market Growth
Table 3 New Product Developments Create Opportunities for Conformal Coatings
Table 4 High Price is the Key Challenge in the Market
Table 5 Trends and Forecast of GDP, USD Billion (2015–2021)
Table 6 Per Capita GDP vs Per Capita Conformal Coatings Demand, 2015
Table 7 Trends and Forecast of Manufacturing Industry, By Country, USD Billion (2015–2021)
Table 8 Number of Mobile Phone Users, By Country (2015)
Table 9 Market of New Airplanes, 2014
Table 10 Trends of Automotive Industry, Thousand Units (2011–2015)
Table 11 Conformal Coatings Market Size, By Type, 2014–2021 (Kiloton)
Table 12 Conformal Coatings Market Size, By Type, 2014–2021 (USD Million)
Table 13 Silicone Conformal Coatings Market Size, By Region, 2014–2021 (Kiloton)
Table 14 Silicone Market Size, By Region, 2014–2021 (USD Million)
Table 15 Acrylic Conformal Coatings Market Size, By Region, 2014–2021 (Kiloton)
Table 16 Acrylic Market Size, By Region, 2014–2021 (USD Million)
Table 17 Epoxy Conformal Coatings Market Size, By Region, 2014–2021 (Kiloton)
Table 18 Epoxy Market Size, By Region, 2014–2021 (USD Million)
Table 19 Urethane Conformal Coatings Market Size, By Region, 2014–2021 (Kiloton)
Table 20 Urethane Market Size, By Region, 2014–2021 (USD Million)
Table 21 Parylene Conformal Coatings Market Size, By Region, 2014–2021 (Kiloton)
Table 22 Parylene Market Size, By Region, 2014–2021 (USD Million)
Table 23 Other Conformal Coatings Market Size, By Region, 2014–2021 (Kiloton)
Table 24 Other Market Size, By Region, 2014–2021 (USD Million)
Table 25 Conformal Coatings Market Size in Electronics, By Region, 2014–2021 (Kiloton)
Table 26 Market Size in Electronics, By Region, 2014–2021 (USD Million)
Table 27 Conformal Coatings Market Size in Aerospace & Defense, By Region, 2014–2021 (Kiloton)
Table 28 Market Size in Aerospace & Defense, By Region, 2014–2021, (USD Million)
Table 29 Conformal Coatings Market Size in Automotive & Transportation, By Region, 2014–2021 (Kiloton)
Table 30 Market Size in Automotive & Transportation, By Region, 2014–2021 (USD Million)
Table 31 Conformal Coatings Market Size in Industrial, By Region, 2014–2021 (Kiloton)
Table 32 Market Size in Industrial, By Region, 2014–2021 (USD Million)
Table 33 Conformal Coatings Market Size in Marine, By Region 2014–2021 (Kiloton),
Table 34 Market Size in Marine, By Region, 2014–2021 (USD Million)
Table 35 Conformal Coatings Market Size in Other End-Use Industries, By Region, 2014–2021 (Kiloton)
Table 36 Market Size in Other End-Use Industries, By Region, 2014–2021 (USD Million)
Table 37 Conformal Coatings Market Size, By Region, 2014–2021 (Kiloton)
Table 38 Market Size, By Region, 2014–2021 (USD Million)
Table 39 Conformal Coatings Market Size, By Technology, 2014–2021 (Kiloton)
Table 40 Market Size, By Technology, 2014–2021 (USD Million)
Table 41 North America: Conformal Coatings Market Size, By Country, 2014–2021 (Kiloton)
Table 42 North America: Market Size, By Country, 2014–2021 (USD Million)
Table 43 North America: Conformal Coatings Market Size, By Type, 2014–2021 (Kiloton)
Table 44 North America: Market Size, By Type, 2014–2021 (USD Million)
Table 45 North America: Conformal Coatings Market Size, By End-Use Industry, 2014–2021 (Kiloton)
Table 46 North America: Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 47 U.S.: Conformal Coatings Market Size, By Type, 2014–2021 (Kiloton)
Table 48 U.S.: Market Size, By Type, 2014–2021 (USD Million)
Table 49 U.S.: Conformal Coatings Market Size, By End-Use Industry, 2014–2021 (Kiloton)
Table 50 U.S.: Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 51 Canada: Conformal Coatings Market Size, By Type, 2014–2021 (Kiloton)
Table 52 Canada: Market Size, By Type, 2014–2021 (USD Million)
Table 53 Canada: Market Size, By End-Use Industry, 2014–2021 (Kiloton)
Table 54 Canada: Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 55 Mexico: Conformal Coatings Market Size, By Type, 2014–2021 (Kiloton)
Table 56 Mexico: Market Size, By Type, 2014–2021 (USD Million)
Table 57 Mexico: Market Size, By End-Use Industry, 2014–2021 (Kiloton)
Table 58 Mexico: Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 59 Europe: Conformal Coatings Market Size, By Country, 2014–2021 (Kiloton)
Table 60 Europe: Market Size, By Country, 2014–2021 (USD Million)
Table 61 Europe: Market Size, By Type, 2014–2021 (Kiloton)
Table 62 Europe: Market Size, By Type, 2014–2021 (USD Million)
Table 63 Europe: Market Size, By End-Use Industry, 2014–2021 (Kiloton)
Table 64 Europe: Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 65 Germany: Conformal Coatings Market Size, By Type, 2014–2021 (Kiloton)
Table 66 Germany: Market Size, By Type, 2014–2021 (USD Million)
Table 67 Germany: Market Size, By End-Use Industry, 2014–2021 (Kiloton)
Table 68 Germany: Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 69 France: Conformal Coatings Market Size, By Type, 2014–2021 (Kiloton)
Table 70 France: Market Size, By Type, 2014–2021 (USD Million)
Table 71 France: Market Size, By End-Use Industry, 2014–2021 (Kiloton)
Table 72 France: Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 73 Russia: Conformal Coatings Market Size, By Type, 2014–2021 (Kiloton)
Table 74 Russia: Market Size, By Type, 2014–2021 (USD Million)
Table 75 Russia: Market Size, By End-Use Industry, 2014–2021 (Kiloton)
Table 76 Russia: Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 77 U.K.: Conformal Coatings Market Size, By Type, 2014–2021 (Kiloton)
Table 78 U.K.: Market Size, By Type, 2014–2021 (USD Million)
Table 79 U.K.: Market Size, By End-Use Industry, 2014–2021 (Kiloton)
Table 80 U.K.: Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 81 Rest of Europe: Conformal Coatings Market Size, By Type, 2014–2021 (Kiloton)
Table 82 Rest of Europe: Market Size, By Type, 2014–2021 (USD Million)
Table 83 Rest of Europe: Market Size, By End-Use Industry, 2014–2021 (Kiloton)
Table 84 Rest of Europe: Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 85 Asia-Pacific: Conformal Coatings Market Size, By Country, 2014–2021 (Kiloton)
Table 86 Asia-Pacific: Market Size, By Country, 2014–2021 (USD Million)
Table 87 Asia-Pacific: Market Size, By Type, 2014–2021 (Kiloton)
Table 88 Asia-Pacific: Market Size, By Type, 2014–2021 (USD Million)
Table 89 Asia-Pacific: Market Size, By End-Use Industry, 2014–2021 (Kiloton)
Table 90 Asia-Pacific: Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 91 China: Conformal Coatings Market Size, By Type, 2014–2021 (Kiloton)
Table 92 China: Market Size, By Type, 2014–2021 (USD Million)
Table 93 China: Market Size, By End-Use Industry, 2014–2021 (Kiloton)
Table 94 China: Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 95 India: Conformal Coatings Market Size, By Type, 2014–2021 (Kiloton)
Table 96 India: Market Size, By Type, 2014–2021 (USD Million)
Table 97 India: Market Size, By End-Use Industry, 2014–2021 (Kiloton)
Table 98 India: Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 99 Japan: Conformal Coatings Market Size, By Type, 2014–2021 (Kiloton)
Table 100 Japan: Market Size, By Type, 2014–2021 (USD Million)
Table 101 Japan: Market Size, By End-Use Industry, 2014–2021 (Kiloton)
Table 102 Japan: Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 103 Taiwan: Conformal Coatings Market Size, By Type, 2014–2021 (Kiloton)
Table 104 Taiwan: Market Size, By Type, 2014–2021 (USD Million)
Table 105 Taiwan: Market Size, By End-Use Industry, 2014–2021 (Kiloton)
Table 106 Taiwan: Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 107 South Korea: Conformal Coatings Market Size, By Type, 2014–2021 (Kiloton)
Table 108 South Korea: Market Size, By Type, 2014–2021 (USD Million)
Table 109 South Korea: Market Size, By End-Use Industry, 2014–2021 (Kiloton)
Table 110 South Korea: Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 111 Indonesia: Conformal Coatings Market Size, By Type, 2014–2021 (Kiloton)
Table 112 Indonesia: Market Size, By Type, 2014–2021 (USD Million)
Table 113 Indonesia: Market Size, By End-Use Industry, 2014–2021 (Kiloton)
Table 114 Indonesia: Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 115 Singapore: Conformal Coatings Market Size, By Type, 2014–2021 (Kiloton)
Table 116 Singapore: Market Size, By Type, 2014–2021 (USD Million)
Table 117 Singapore: Market Size, By End-Use Industry, 2014–2021 (Kiloton)
Table 118 Singapore: Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 119 Rest of Asia-Pacific: Conformal Coatings Market Size, By Type, 2014–2021 (Kiloton)
Table 120 Rest of Asia-Pacific: Market Size, By Type, 2014–2021 (USD Million)
Table 121 Rest of Asia-Pacific: Market Size, By End-Use Industry, 2014–2021 (Kiloton)
Table 122 Rest of Asia-Pacific: Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 123 Middle East& Africa: Conformal Coatings Market Size, By Country, 2014–2021 (Kiloton)
Table 124 Middle East & Africa: Market Size, By Country, 2014–2021 (USD Million)
Table 125 Middle East & Africa: Market Size, By Type, 2014–2021 (Kiloton)
Table 126 Middle East & Africa: Market Size, By Type, 2014–2021 (USD Million)
Table 127 Middle East & Africa: Market Size, By End-Use Industry, 2014–2021 (Kiloton)
Table 128 Middle East & Africa: Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 129 Saudi Arabia: Conformal Coatings Market Size, By Type, 2014–2021 (Kiloton)
Table 130 Saudi Arabia: Market Size, By Type, 2014–2021 (USD Million)
Table 131 Saudi Arabia: Market Size, By End-Use Industry, 2014–2021 (Kiloton)
Table 132 Saudi Arabia: Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 133 South Africa: Market Size, By Type, 2014–2021 (Kiloton)
Table 134 South Africa: Market Size, By Type, 2014–2021 (USD Million)
Table 135 South Africa: Market Size, By End-Use Industry, 2014–2021 (Kiloton)
Table 136 South Africa: Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 137 Rest of Middle East & Africa: Conformal Coatings Market Size, By Type, 2014–2021 (Kiloton)
Table 138 Rest of Middle East & Africa: Market Size, By Type, 2014–2021 (USD Million)
Table 139 Rest of Middle East & Africa: Market Size, By End-Use Industry, 2014–2021 (Kiloton)
Table 140 Rest of Middle East & Africa: Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 141 South America: Conformal Coatings Market Size, By Country, 2014–2021 (Kiloton)
Table 142 South America: Market Size, By Country, 2014–2021 (USD Million)
Table 143 South America: Market, By Type, 2014–2021 (Kiloton)
Table 144 South America: Market Size, By Type, 2014–2021 (USD Million)
Table 145 South America: Market Size, By End-Use Industry, 2014–2021 (Kiloton)
Table 146 South America: Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 147 Brazil: Conformal Coatings Market Size, By Type, 2014–2021 (Kiloton)
Table 148 Brazil: Market Size, By Type, 2014–2021 (USD Million)
Table 149 Brazil: Market Size, By End-Use Industry, 2014–2021 (Kiloton)
Table 150 Brazil: Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 151 Argentina: Conformal Coatings Market Size, By Type, 2014–2021 (Kiloton)
Table 152 Argentina: Market Size, By Type, 2014–2021 (USD Million)
Table 153 Argentina: Market, By End-Use Industry, 2014–2021 (Kiloton)
Table 154 Argentina: Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 155 Rest of South America: Conformal Coatings Market Size, By Type, 2014–2021 (Kiloton)
Table 156 Rest of South America: Market Size, By Type, 2014–2021 (USD Million)
Table 157 Rest of South America: Market Size, By End-Use Industry, 2014–2021 (Kiloton)
Table 158 Rest of South America: Market Size, By End-Use Industry, 2014–2021 (USD Million)
Table 159 New Product Launches, 2013–2016
Table 160 Expansions, 2013–2016
Table 161 Agreements & Partnerships, 2013–2016
Table 162 Mergers & Acquisitions, 2013–2016

List of Figures (61 Figures)

Figure 1 Market Segmentation: Conformal Coatings
Figure 2 Conformal Coatings Market: Research Design
Figure 3 Breakdown of Primary Interviews
Figure 4 Market Size Estimation: Bottom-Up Approach
Figure 5 Market Size Estimation: Top-Down Approach
Figure 6 Data Triangulation: Conformal Coating Market
Figure 7 Acrylic-Based Conformal Coatings to Be the Dominant Segment Between 2016 and 2021 (USD Million)
Figure 8 Asia-Pacific to Dominate the Conformal Coatings Market Between 2016 and 2021
Figure 9 Asia-Pacific Led the Conformal Coating Market in 2015 (In Terms of Volume)
Figure 10 Conformal Coatings Market Size, 2016 vs 2021 (USD Billion)
Figure 11 Conformal Coating Market: Lifecycle Analysis
Figure 12 Conformal Coatings Market, By Type
Figure 13 Conformal Coating Market, By End-Use Industry
Figure 14 Conformal Coatings Market, By Region
Figure 15 Conformal Coating Market Dynamics
Figure 16 Conformal Coatings Market: Value Chain Analysis
Figure 17 Porter’s Five Forces Analysis
Figure 18 Trends and Forecast of GDP, USD Billion (2016–2021)
Figure 19 Per Capita GDP vs Per Capita Conformal Coatings Demand
Figure 20 Contribution of Manufacturing Industry to GDP, 2015 (USD Billion)
Figure 21 Mobile Phones Users, By Region (2015)
Figure 22 Trends of New Airplanes, By Region, 2014
Figure 23 Trends of Automotive Industry, Thousand Units (2015)
Figure 24 Automated Process Accounted for the Largest Market Share in 2015
Figure 25 Illinois Tool Works Company Registered Highest Ebidta in 2015
Figure 26 U.S. Patents Dominated Conformal Coatings Market Between 2014 and 2016
Figure 27 U.S. Patents Dominated Conformal Coating Market Between 2014 and 2016
Figure 28 Acrylic Segment Accounted for Major Share of Conformal Coatings Market, 2015 (USD Million)
Figure 29 Acrylic Conformal Coatings to Dominate the Market Between 2016 and 2021 (USD Million)
Figure 30 Asia-Pacific to Dominate the Silicone Conformal Coating Market Between 2016 and 2021
Figure 31 Middle East & Africa to Register the Second-Highest CAGR Between 2016 and 2021
Figure 32 Asia-Pacific to Dominate the Epoxy-Based Conformal Coatings Market Between 2016 and 2021
Figure 33 Asia-Pacific to Drive the Urethane Conformal Coatings Market Between 2016 and 2021
Figure 34 Asia-Pacific Will Continue to Lead the Parylene Conformal Coating Market Between 2016 and 2021
Figure 35 Asia-Pacific Will Continue to Lead the Others Segment Between 2016 and 2021
Figure 36 Electronics is the Largest End-Use Industry of Conformal Coatings (Kiloton)
Figure 37 Asia-Pacific is the Fastest-Growing Market for Conformal Coatings in Electronics (Kiloton)
Figure 38 Asia-Pacific is the Largest Consumer of Conformal Coating in Aerospace & Defense (Kiloton)
Figure 39 Asia-Pacific is the Fastest-Growing Market for Conformal Coatings in Automotive & Transportation (Kiloton)
Figure 40 Asia-Pacific is the Largest Consumer of Conformal Coating in Industrial Segment (Kiloton)
Figure 41 Asia-Pacific is the Fastest-Growing Market for Conformal Coatings in Marine (Kiloton)
Figure 42 Asia-Pacific is the Fastest-Growing Market for Conformal Coating in Other End-Use Industries (Kiloton)
Figure 43 Rapidly Growing Markets are Emerging as New Strategic Locations
Figure 44 The North American Market Snapshot: Increase in Consumption of Conformal Coatings (2016–2021)
Figure 45 Electronics and Aerospace & Defense Dominate the Conformal Coating Market
Figure 46 The European Market Snapshot: Country-Wise Consumption of Conformal Coatings in Automotive & Transportation, Electronics, and Aerospace & Defense
Figure 47 Asia-Pacific Market Snapshot: China and India Dominates the Consumption of Conformal Coatings
Figure 48 Asia-Pacific: Country-Wise Consumption in Electronics, Automotive & Transportation, and Aerospace & Defense
Figure 49 Companies Adopted Expansions as the Key Growth Strategy Between 2013 and 2016
Figure 50 Market Evaluation Framework: Maximum Developments Were Recorded in 2012
Figure 51 Henkel AG & Co. KGAA: Company Snapshot
Figure 52 Henkel AG & Co. KGAA: SWOT Analysis
Figure 53 Illinois Tool Works: Company Snapshot
Figure 54 Illinois Tool Works: SWOT Analysis
Figure 55 Shin-Etsu Chemical Co., Ltd.: Company Snapshot
Figure 56 Shin-Etsu Chemical Co., Ltd.: SWOT Analysis
Figure 57 DOW Corning: Company Snapshot
Figure 58 H.B. Fuller: Company Snapshot
Figure 59 H.B. Fuller: SWOT Analysis
Figure 60 Chase Corporation: Company Snapshot
Figure 61 Chase Corporation: SWOT Analysis

The global conformal coatings market is estimated to reach USD 12.28 Billion by 2021, registering a CAGR of 4.7% between 2016 and 2021. The market is driven by increasing demand for conformal coatings in emerging markets and high demand from printed circuit boards in electronics and automotive & transportation industries. Conformal coatings have unique properties, such as high resistance to dust, moisture, salts, corrosion, high temperature, and humidity and they increase the reliability of electronic equipment by 3 to 5 years.

Conformal coatings find applications in the following industries: automotive & transportation, manufacturing Industries, aerospace & defense, electronics, and marine industry. The electronics industry is estimated to be the largest end-use industry of conformal coatings. The growing electronic industry and the need for conformal coatings on PCBs for better performance in vulnerable environments have been the key drivers for the dominance of the electronic industry in the conformal coating market.

Conformal coatings are available in various types such as, acrylics, epoxy, urethane, silicone, parylene, and others. In 2015, the acrylics segment accounted for the largest market share, in terms of volume as well as value, followed by epoxy. Acrylic conformal coatings accounted for the largest share due to their inexpensive nature and easy-to-apply properties. The rising demand of environmental friendly or volatile organic compounds (VOCs)-free conformal coatings in countries such as Germany and France is expected to drive this market. New products such as Certonal FC-742 and Never Wet are gaining attention, which are likely to enhance the utilization and application areas of conformal coatings.

Improving economies coupled with increased demand from the electronics, automotive & transportation, and aerospace & defense boost the market in Asia-Pacific. The region accounts for the largest share in the conformal coatings market globally. North America accounted for the second largest market share in the conformal coating market in 2015 due to increasing electronics industry in the U.S. and Mexico. China is the largest producer of conformal coatings worldwide with the presence of manufacturing sites of major industry players in the country. China and the U.S. have majority of the conformal coatings manufacturing plants. Most of the big players are backward integrated and have the competitive advantage over other manufacturers. The threat of new entrants is high in China, India, and other Asia-Pacific countries due to low cost of raw material and labor coupled with low requirement of technical know-how.

Expensive replacement and repairing in case of damage and technological restraints in the preparation, application, and drying of conformal coatings are two major restraints of the conformal coatings market. Beside new product development and expansion, companies adopted partnerships, agreements, and collaboration to expand their market share and distribution network. These strategies accounted for maximum of the total number of growth strategies adopted by the market players of conformal coatings between 2013 and 2016.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst