Home > Chemicals & Materials > Paints and Coatings > Specialty Coatings > Conformal Coating Market

Conformal Coating Market Trends

Report ID: GMI6993
Published Date: Oct 2023
Report Format: PDF

Download Free Sample

Conformal coating Market Trends

There is a significant shift towards environmentally friendly conformal coating materials. Manufacturers are developing coatings with reduced or no volatile organic compounds (VOCs) and hazardous substances to comply with stricter environmental regulations and meet sustainability goals.

UV-curable conformal coatings are gaining popularity due to their rapid curing capabilities. They offer high-performance protection and allow for faster processing and reduced energy consumption. The demand for optically clear conformal coatings is growing in industries like display and optical systems. These coatings provide protection without affecting optical clarity, making them suitable for touchscreen devices and lenses.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market valuation of conformal coating was worth USD 996.70 million in 2023 and is expected to expand at over 6.5% CAGR from 2024 to 2032, attributed to the increasing need of the electronic manufacturing sector to protect the devices against environmental factors.

Acrylic conformal coating market generated USD 425 million in 2022 and is poised to witness high demand through 2032 owing to its ease of application.

North America conformal coating industry size was worth USD 331 million in 2022 and is set to grow substantially through 2032, attributed to the booming electronics industry in the region.

Henkel AG & Co. KGaA, Chase Corporation, Dymax Corporation, Electrolube, H.B. Fuller Company, Shin-Etsu Chemical Co., Ltd., and Dow Inc. are some of the prominent firms in the market.