MarketReports Conformal Coatings Market Research Cost | Page 2

Acrylic conformal coatings are simple to apply and rework in case of emergency. They are fairly low priced
compared to other types of the conformal coating with high abrasion and dielectric coefficient. The acrylic
coating also provide protection from moisture and chemicals, require less time for applying coating to the
electronic circuitry. Such factors are driving application specific conformal coatings market across range of
industry segments. Application of the conformal coating has extended to the automotive industry as well due
its vast set of benefits that puts it apart from other types coatings.
Material used in the conformal coating commonly involves a thin polymeric film that are designed to
encapsulate the printed circuit board in order to safeguard the electronic components placed onto the board
from external factors. The thin polymeric films are majorly varied in thickness from twenty-five micrometers
to two hundred micrometers. They act as a safeguard mechanism to resist accumulation of water, dust,
chemicals, and temperature changes.
The electronic circuitry is subjected to harsh environments during their regular use, so it becomes critical to
protect from adverse atmospheric mechanical and chemical reaction, uncoated electronic circuitscan not
withstand such hazardous condition, and are bound to fail over the period of time. The use of conformal
coating allows consistent performance level from the electronic circuitry. A transparent layer of conformal
coating is applied to the coat assemblies that is light weight and allow easier inspection of the electronic
circuitry. The conformal coating is classified into four distinct classes such as acrylic, urethane, silicone, and
varnishes.
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The market is divided into regional market segment such as North America, Europe, Asia-Pacific, Latin America
and Africa. Asia-Pacific region is predicted to hold major market share in the conformal coatings market with
massive growth in forecast period. Countries such as Taiwan, China, Japan and South Korea are leading the
Asia-Pacific market with the rising investments in the electronics and automotive fields. Also, rapid
industrialization in automotive and consumer electronics production segment in India is likely to assists reach
of conformal coating industry in the region. North America has shown major growth in recent years owing to
the increasing need for high-tech electronic devices such as global position systems (GPS) and various
products across the automotive sector.
The leading players in the conformal coatings market are Henkel Company, Chemtronics Incorporations, and
Shin-Etsu Chemical Corporations. The raw materials required for production of conformal coatings is procured
from well-established market players in the chemicals segment such as BASF SE, and Aditya Birla Chemicals.
Market Segment:
Conformal Coatings Product Outlook (Revenue, USD Million; 2013 - 2024)