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.


  • Executive summary
  • Scope of the report
    • Preface
      • Table Key product offerings
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global paints and coatings market
      • Table Segments of global paints and coatings market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by type
    • Table Type - Market share 2018-2023 (%)
    • Comparison by type
      • Table Comparison by type
    • Acrylic - Market size and forecast 2018-2023
      • Table Acrylic - Market size and forecast 2018-2023 ($ millions)
      • Table Acrylic - Year-over-year growth 2019-2023 (%)
    • Silicone - Market size and forecast 2018-2023
      • Table Silicone - Market size and forecast 2018-2023 ($ millions)
      • Table Silicone - Year-over-year growth 2019-2023 (%)
    • Epoxy - Market size and forecast 2018-2023
      • Table Epoxy - Market size and forecast 2018-2023 ($ millions)
      • Table Epoxy - Year-over-year growth 2019-2023 (%)
    • Urethane - Market size and forecast 2018-2023
      • Table Urethane - Market size and forecast 2018-2023 ($ millions)
      • Table Urethane - Year-over-year growth 2019-2023 (%)
    • Paraxylene - Market size and forecast 2018-2023
      • Table Paraxylene - Market size and forecast 2018-2023 ($ millions)
      • Table Paraxylene - Year-over-year growth 2019-2023 (%)
    • Other types - Market size and forecast 2018-2023
      • Table Other types - Market size and forecast 2018-2023 ($ millions)
      • Table Other types - Year-over-year growth 2019-2023 (%)
    • Market opportunity by type
      • Table Market opportunity by type
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Consumer electronics - Market size and forecast 2018-2023
      • Table Consumer electronics - Market size and forecast 2018-2023 ($ millions)
      • Table Consumer electronics - Year-over-year growth 2019-2023 (%)
    • Automotive electronics - Market size and forecast 2018-2023
      • Table Automotive electronics - Market size and forecast 2018-2023 ($ millions)
      • Table Automotive electronics - Year-over-year growth 2019-2023 (%)
    • Aerospace and defense electronics - Market size and forecast 2018-2023
      • Table Aerospace and defense electronics - Market size and forecast 2018-2023 ($ millions)
      • Table Aerospace and defense electronics - Year-over-year growth 2019-2023 (%)
    • Medical electronics - Market size and forecast 2018-2023
      • Table Medical electronics - Market size and forecast 2018-2023 ($ millions)
      • Table Medical electronics - Year-over-year growth 2019-2023 (%)
    • Other applications - Market size and forecast 2018-2023
      • Table Other applications - Market size and forecast 2018-2023 ($ millions)
      • Table Other applications - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Market segmentation by application method
    • Table Application method - Market share 2018-2023 (%)
    • Comparison by application method
      • Table Comparison by application method
    • Spray coating - Market size and forecast 2018-2023
      • Table Spray coating - Market size and forecast 2018-2023 ($ millions)
      • Table Spray coating - Year-over-year growth 2019-2023 (%)
    • Brush coating - Market size and forecast 2018-2023
      • Table Brush coating - Market size and forecast 2018-2023 ($ millions)
      • Table Brush coating - Year-over-year growth 2019-2023 (%)
    • Selective coating - Market size and forecast 2018-2023
      • Table Selective coating - Market size and forecast 2018-2023 ($ millions)
      • Table Selective coating - Year-over-year growth 2019-2023 (%)
    • Dip coating - Market size and forecast 2018-2023
      • Table Dip coating - Market size and forecast 2018-2023 ($ millions)
      • Table Dip coating - Year-over-year growth 2019-2023 (%)
    • Vapor Deposition - Market size and forecast 2018-2023
      • Table Vapor Deposition - Market size and forecast 2018-2023 ($ millions)
      • Table Vapor Deposition - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application method
      • Table Market opportunity by application method
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Crude oil prices 2011-2018 ($ per barrel)
      • Table Impact of drivers and challenges
  • Market trends
    • Increasing need for miniaturization and microelectronics
    • Demand for nano and micro satellites
    • Increasing penetration of AI
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Chase Corp.
      • Table Chase Corp. - Vendor overview
      • Table Chase Corp. - Business segments
      • Table Chase Corp. - Organizational developments
      • Table Chase Corp. - Geographic focus
      • Table Chase Corp. - Segment focus
      • Table Chase Corp. - Key offerings
    • Daikin Industries Ltd.
      • Table Daikin Industries Ltd. - Vendor overview
      • Table Daikin Industries Ltd. - Business segments
      • Table Daikin Industries Ltd. - Geographic focus
      • Table Daikin Industries Ltd. - Segment focus
      • Table Daikin Industries Ltd. - Key offerings
    • Dymax Corp.
      • Table Dymax Corp. - Vendor overview
      • Table Dymax Corp. - Product segments
      • Table Dymax Corp. - Organizational developments
      • Table Dymax Corp. - Key offerings
    • H K Wentworth Ltd.
      • Table H K Wentworth Ltd. - Vendor overview
      • Table H K Wentworth Ltd. - Business segments
      • Table H K Wentworth Ltd. - Organizational developments
      • Table H K Wentworth Ltd. - Key offerings
    • H.B. Fuller Co.
      • Table H.B. Fuller Co. - Vendor overview
      • Table H.B. Fuller Co. - Business segments
      • Table H.B. Fuller Co. - Organizational developments
      • Table H.B. Fuller Co. - Geographic focus
      • Table H.B. Fuller Co. - Segment focus
      • Table H.B. Fuller Co. - Key offerings
    • Henkel AG & Co. KGaA
      • Table Henkel AG & Co. KGaA - Vendor overview
      • Table Henkel AG & Co. KGaA - Business segments
      • Table Henkel AG & Co. KGaA - Organizational developments
      • Table Henkel AG & Co. KGaA - Geographic focus
      • Table Henkel AG & Co. KGaA - Segment focus
      • Table Henkel AG & Co. KGaA - Key offerings
    • KISCO Ltd.
      • Table KISCO Ltd. - Vendor overview
      • Table KISCO Ltd. - Business segments
      • Table KISCO Ltd. - Key offerings
    • MG Chemicals
      • Table MG Chemicals - Vendor overview
      • Table MG Chemicals - Product segments
      • Table MG Chemicals - Key offerings
    • Shin-Etsu Chemical Co. Ltd.
      • Table Shin-Etsu Chemical Co. Ltd. - Vendor overview
      • Table Shin-Etsu Chemical Co. Ltd. - Business segments
      • Table Shin-Etsu Chemical Co. Ltd. - Segment focus
      • Table Shin-Etsu Chemical Co. Ltd. - Key offerings
    • The Dow Chemical Co.
      • Table The Dow Chemical Co. - Vendor overview
      • Table The Dow Chemical Co. - Business segments
      • Table The Dow Chemical Co. - Organizational developments
      • Table The Dow Chemical Co. - Geographic focus
      • Table The Dow Chemical Co. - Segment focus
      • Table The Dow Chemical Co. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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