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Conformal Coating Market by Type, Application, Application Method and Geography - Global Forecast and Analysis 2019-2023

Global Conformal Coating Market: About this market

Technavio’s conformal coating market analysis considers sales from consumer electronics, automotive electronics, aerospace and defense electronics, medical electronics, and other applications in Europe, North America, South America, and MEA. In 2018, the consumer electronics segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as growing demand for consumer electronic products and the rising need for protecting these products from harsh environmental conditions will play a significant role in the consumer electronics segment to maintain its market position. Also, our global conformal coating market report looks at factors such as increasing demand for smart wearables and IoT services, growth in demand for automation electronics, and increasing use of automation in industries. However, fluctuations in raw material prices, disadvantages of perylene conformal coating, and regulations on VOC emissions may hamper the growth of the conformal coating industry over the forecast period.

Global Conformal Coating Market: Overview

Increasing demand for smart wearables and IoT devices

The sales of mobile phones have increased with technological innovations and a decline in the price of electronics. The demand for smartphones, wearables, and IoT devices, such as smartwatches, fitness trackers, VR headsets, wireless sensors, and monitoring devices is increasing. Conformal coatings are widely used in consumer electronics and communication devices. The sale of smartphones, wearables, and IoT has a direct impact on the demand for conformal coating. This will lead to the expansion of the global conformal coating market at a CAGR of over 6% during the forecast period.

The increasing need for miniaturization and microelectronics

Miniaturized electronic devices have reduced power consumption and increased functionalities. The size of embedded components has reduced, which has led to the placement of more components. These components need to be effectively coated to protect them from dust, smoke, snow, rain, and other harsh weather conditions. However, traditional coating technologies reduce the uptime of battery-powered devices by causing signal propagation issues and power loss. This has resulted in the increasing demand for conformal coatings that are extremely thin and efficiently protect all the connected components, ensure an uninterrupted flow of signals and power, and minimize the overall power consumption. Hence, the growing emphasis on product miniaturization and customized offerings is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global conformal coating market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of several major players, the global conformal coating market is fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading conformal coating manufacturers, that include 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.

Also, the conformal coating market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
2.1 Preface
2.2 Preface
2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 04: MARKET SIZING
Market definition
Market sizing 2018
Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 06: MARKET SEGMENTATION BY TYPE
Market segmentation by type
Comparison by type
Acrylic - Market size and forecast 2018-2023
Silicone - Market size and forecast 2018-2023
Epoxy - Market size and forecast 2018-2023
Urethane - Market size and forecast 2018-2023
Paraxylene - Market size and forecast 2018-2023
Other types - Market size and forecast 2018-2023
Market opportunity by type
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY APPLICATION
Market segmentation by application
Comparison by application
Consumer electronics - Market size and forecast 2018-2023
Automotive electronics - Market size and forecast 2018-2023
Aerospace and defense electronics - Market size and forecast 2018-2023
Medical electronics - Market size and forecast 2018-2023
Other applications - Market size and forecast 2018-2023
Market opportunity by application
PART 09: GEOGRAPHIC LANDSCAPE
Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2018-2023
Europe - Market size and forecast 2018-2023
North America - Market size and forecast 2018-2023
South America - Market size and forecast 2018-2023
MEA - Market size and forecast 2018-2023
Key leading countries
Market opportunity
PART 10: MARKET SEGMENTATION BY APPLICATION METHOD
Market segmentation by application method
Comparison by application method
Spray coating - Market size and forecast 2018-2023
Brush coating - Market size and forecast 2018-2023
Selective coating - Market size and forecast 2018-2023
Dip coating - Market size and forecast 2018-2023
Vapor Deposition - Market size and forecast 2018-2023
Market opportunity by application method
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 13: MARKET TRENDS
Increasing need for miniaturization and microelectronics
Demand for nano and micro satellites
Increasing penetration of AI
PART 14: VENDOR LANDSCAPE
Overview
Landscape disruption
Competitive scenario
PART 15: VENDOR ANALYSIS
Vendors covered
Vendor classification
Market positioning of vendors
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.
PART 16: APPENDIX
Research methodology
List of abbreviations
Definition of market positioning of vendors
PART 17: EXPLORE TECHNAVIO
Exhibit 01: Key product offerings
Exhibit 02: Global paints and coatings market
Exhibit 03: Segments of global paints and coatings market
Exhibit 04: Market characteristics
Exhibit 05: Market segments
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2018
Exhibit 08: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 09: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 10: Five forces analysis 2018
Exhibit 11: Five forces analysis 2023
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2018
Exhibit 18: Type - Market share 2018-2023 (%)
Exhibit 19: Comparison by type
Exhibit 20: Acrylic - Market size and forecast 2018-2023 ($ millions)
Exhibit 21: Acrylic - Year-over-year growth 2019-2023 (%)
Exhibit 22: Silicone - Market size and forecast 2018-2023 ($ millions)
Exhibit 23: Silicone - Year-over-year growth 2019-2023 (%)
Exhibit 24: Epoxy - Market size and forecast 2018-2023 ($ millions)
Exhibit 25: Epoxy - Year-over-year growth 2019-2023 (%)
Exhibit 26: Urethane - Market size and forecast 2018-2023 ($ millions)
Exhibit 27: Urethane - Year-over-year growth 2019-2023 (%)
Exhibit 28: Paraxylene - Market size and forecast 2018-2023 ($ millions)
Exhibit 29: Paraxylene - Year-over-year growth 2019-2023 (%)
Exhibit 30: Other types - Market size and forecast 2018-2023 ($ millions)
Exhibit 31: Other types - Year-over-year growth 2019-2023 (%)
Exhibit 32: Market opportunity by type
Exhibit 33: Customer landscape
Exhibit 34: Application - Market share 2018-2023 (%)
Exhibit 35: Comparison by application
Exhibit 36: Consumer electronics - Market size and forecast 2018-2023 ($ millions)
Exhibit 37: Consumer electronics - Year-over-year growth 2019-2023 (%)
Exhibit 38: Automotive electronics - Market size and forecast 2018-2023 ($ millions)
Exhibit 39: Automotive electronics - Year-over-year growth 2019-2023 (%)
Exhibit 40: Aerospace and defense electronics - Market size and forecast 2018-2023 ($ millions)
Exhibit 41: Aerospace and defense electronics - Year-over-year growth 2019-2023 (%)
Exhibit 42: Medical electronics - Market size and forecast 2018-2023 ($ millions)
Exhibit 43: Medical electronics - Year-over-year growth 2019-2023 (%)
Exhibit 44: Other applications - Market size and forecast 2018-2023 ($ millions)
Exhibit 45: Other applications - Year-over-year growth 2019-2023 (%)
Exhibit 46: Market opportunity by application
Exhibit 47: Market share by geography 2018-2023 (%)
Exhibit 48: Geographic comparison
Exhibit 49: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 50: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 51: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 52: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 53: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 54: North America - Year-over-year growth 2019-2023 (%)
Exhibit 55: South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 56: South America - Year-over-year growth 2019-2023 (%)
Exhibit 57: MEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 58: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 59: Key leading countries
Exhibit 60: Market opportunity
Exhibit 61: Application method - Market share 2018-2023 (%)
Exhibit 62: Comparison by application method
Exhibit 63: Spray coating - Market size and forecast 2018-2023 ($ millions)
Exhibit 64: Spray coating - Year-over-year growth 2019-2023 (%)
Exhibit 65: Brush coating - Market size and forecast 2018-2023 ($ millions)
Exhibit 66: Brush coating - Year-over-year growth 2019-2023 (%)
Exhibit 67: Selective coating - Market size and forecast 2018-2023 ($ millions)
Exhibit 68: Selective coating - Year-over-year growth 2019-2023 (%)
Exhibit 69: Dip coating - Market size and forecast 2018-2023 ($ millions)
Exhibit 70: Dip coating - Year-over-year growth 2019-2023 (%)
Exhibit 71: Vapor Deposition - Market size and forecast 2018-2023 ($ millions)
Exhibit 72: Vapor Deposition - Year-over-year growth 2019-2023 (%)
Exhibit 73: Market opportunity by application method
Exhibit 74: Crude oil prices 2011-2018 ($ per barrel)
Exhibit 75: Impact of drivers and challenges
Exhibit 76: Vendor landscape
Exhibit 77: Landscape disruption
Exhibit 78: Vendors covered
Exhibit 79: Vendor classification
Exhibit 80: Market positioning of vendors
Exhibit 81: Chase Corp. - Vendor overview
Exhibit 82: Chase Corp. - Business segments
Exhibit 83: Chase Corp. - Organizational developments
Exhibit 84: Chase Corp. - Geographic focus
Exhibit 85: Chase Corp. - Segment focus
Exhibit 86: Chase Corp. - Key offerings
Exhibit 87: Daikin Industries Ltd. - Vendor overview
Exhibit 88: Daikin Industries Ltd. - Business segments
Exhibit 89: Daikin Industries Ltd. - Geographic focus
Exhibit 90: Daikin Industries Ltd. - Segment focus
Exhibit 91: Daikin Industries Ltd. - Key offerings
Exhibit 92: Dymax Corp. - Vendor overview
Exhibit 93: Dymax Corp. - Product segments
Exhibit 94: Dymax Corp. - Organizational developments
Exhibit 95: Dymax Corp. - Key offerings
Exhibit 96: H K Wentworth Ltd. - Vendor overview
Exhibit 97: H K Wentworth Ltd. - Business segments
Exhibit 98: H K Wentworth Ltd. - Organizational developments
Exhibit 99: H K Wentworth Ltd. - Key offerings
Exhibit 100: H.B. Fuller Co. - Vendor overview
Exhibit 101: H.B. Fuller Co. - Business segments
Exhibit 102: H.B. Fuller Co. - Organizational developments
Exhibit 103: H.B. Fuller Co. - Geographic focus
Exhibit 104: H.B. Fuller Co. - Segment focus
Exhibit 105: H.B. Fuller Co. - Key offerings
Exhibit 106: Henkel AG & Co. KGaA - Vendor overview
Exhibit 107: Henkel AG & Co. KGaA - Business segments
Exhibit 108: Henkel AG & Co. KGaA - Organizational developments
Exhibit 109: Henkel AG & Co. KGaA - Geographic focus
Exhibit 110: Henkel AG & Co. KGaA - Segment focus
Exhibit 111: Henkel AG & Co. KGaA - Key offerings
Exhibit 112: KISCO Ltd. - Vendor overview
Exhibit 113: KISCO Ltd. - Business segments
Exhibit 114: KISCO Ltd. - Key offerings
Exhibit 115: MG Chemicals - Vendor overview
Exhibit 116: MG Chemicals - Product segments
Exhibit 117: MG Chemicals - Key offerings
Exhibit 118: Shin-Etsu Chemical Co. Ltd. - Vendor overview
Exhibit 119: Shin-Etsu Chemical Co. Ltd. - Business segments
Exhibit 120: Shin-Etsu Chemical Co. Ltd. - Segment focus
Exhibit 121: Shin-Etsu Chemical Co. Ltd. - Key offerings
Exhibit 122: The Dow Chemical Co. - Vendor overview
Exhibit 123: The Dow Chemical Co. - Business segments
Exhibit 124: The Dow Chemical Co. - Organizational developments
Exhibit 125: The Dow Chemical Co. - Geographic focus
Exhibit 126: The Dow Chemical Co. - Segment focus
Exhibit 127: The Dow Chemical Co. - Key offerings
Exhibit 128: Validation techniques employed for market sizing
Exhibit 129: Definition of market positioning of vendors

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