NEW YORK, June 13, 2018 /PRNewswire/ -- Conformal
Coatings Market for PCBs - Overview
Printed circuit boards (PCBs) form an integral part of any
electronic device and serve as the foundation of a majority of
electronic products. They are functional centers of most electronic
devices and are used to connect various electronic components
mounted on the PCBs, thereby forming an assembly or circuitry meant
to perform various functions.
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Conformal coatings are protective chemical coatings that protect
electronic circuit boards from harsh environments that contain
moisture, salt, or other contaminants.They ensure operational
integrity of the electronic assembly by preventing it from voltage
arcing, shorts, and static discharge.
Generally, conformal coatings for the protection of printed circuit
boards are based on acrylic, silicone, polyurethane, epoxy,
parylene, etc.
Conformal coatings are used in end-use industries such as
automotive, aerospace, medical, marine, etc.In the automotive
industry, they are used to protect electronic systems in
applications both under the hood and passenger compartments.
The environmental requirements of the aerospace industry, where
rapid compression and decompression can affect the performance of
the circuitry, necessitates the use of conformal coatings. In the
medical industry, the key application of conformal coatings is in
pacemakers.
Aerospace applications of PCBs require a great deal of precision
and durability as they operate in extreme conditions.Aircraft often
go through significant amounts of turbulence in the atmosphere.
Normal PCBs might get damaged during such harsh conditions. In
order to avoid this, flexible PCBs are used in the aerospace
industry.
Conformal coatings protect PCBs from chemicals, moisture, and other
harsh environments.Advancements in the consumer electronics,
automotive, medical, and defense sectors are paving the way for the
expansion opportunities for the conformal coatings market.
Sales of conformal coatings in the Asia
Pacific region were high compared to those in other regions
owing to the robust electronics manufacturing industry in countries
such as China, South Korea, Japan, and other South East Asian Nations.
Coating technologies such as solvent-based technology, water-based
technology, and UV-cure technology are commonly employed in the
conformal coatings market.The solvent-based coating technique is a
highly used technology, whereas both water-based and UV-cure
technologies are gaining popularity as they do not emit volatile
organic compounds.
Manufacturers are continually developing greener coating
technologies, which helps them in minimizing solvent emissions and
their impact on the environment. UV-cured technology is 100% solid
based and hence does not emit volatile organic compounds.
Manufacturers of conformal coatings strive to minimize the
environmental impact of their operations by reducing emission of
VOCs.The Environmental Protection Agency oversees regulations to
control volatile organic compound emissions.
Governments across the globe are undertaking initiatives regarding
e-scrap legislations due to concerns about handling of electronic
waste and the emission of volatile organic compounds it.
The report analyzes and forecasts the market for conformal coatings
for PCBs at the global and regional level.The market has been
forecast based on revenue (US$ Mn) from 2018 to 2026.
The study includes drivers and restraints of the global conformal
coatings market for PCBs.It also covers the impact of these drivers
and restraints on the demand for conformal coatings for PCBs during
the forecast period.
The report also highlights opportunities in the conformal coatings
market for PCBs at the global and regional level.
The report comprises a detailed value chain analysis, which
provides a comprehensive view of the global conformal coatings
market for PCBs.The Porter's Five Forces model for the conformal
coatings market for PCBs has also been included to help understand
the competitive landscape.
The study encompasses market attractiveness analysis, wherein
applications are benchmarked based on their market size, growth
rate, and general attractiveness.
The study provides a decisive view of the global conformal coatings
market for PCBs by segmenting it in terms of grade, application,
and region.These segments have been analyzed based on the present
and future trends.
Regional segmentation includes the current and forecast demand for
conformal coatings for PCBs in North
America, Europe,
Asia Pacific, Latin America, and Middle East & Africa. The report also covers the demand for
individual application segments in all the regions.
The study includes profiles of major companies operating in the
global conformal coatings market for PCBs.Key players profiled in
the global conformal coatings market for PCBs include Henkel AG
& KGaA, Chase Corporation, Dow Corning, Shin Etsu Chemical
Company Limited, HB Fuller, Electrolube, Chemtronics, and MG
Chemicals.
Market players have been profiled in terms of attributes such as
company overview, business strategies, recent developments,
financial details, etc.
The report provides the estimated size of the conformal coatings
for PCBs market for 2017 and forecast for the next nine years.The
global size of the conformal coatings market for PCBs has been
provided in terms of volume and revenue.
Market numbers have been estimated based on metal, end-user, and
region. Market size and forecast for each grade and application
have been provided in terms of global and regional markets.
Conformal Coatings Market for PCBs, by Product
Acrylics
Silicone
Polyurethane
Epoxy
Parylene
Fluoropolymers
Conformal Coatings Market for PCBs, by Operation Method
Dip Coating
Spray Coating
Brush Coating
CVD
Conformal Coatings Market for PCBs, by Technology
Solvent-based
Water-based
UV-cured
Conformal Coatings Market for PCBs, by End-use
Consumer Electronics
Medical
Automotive
Defense
Aerospace
Marine
Industrial Machinery & Equipment
Others
Conformal Coatings Market for PCBs, by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Spain
Italy
Russia & CIS
Rest of Europe
Asia Pacific
China
Japan
India
ASEAN
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East &
Africa
Key Takeaways
The report provides extensive analysis of market trends and shares
of the conformal coatings market for PCBs from 2017 to 2026 at the
global as well as regional level in terms of products, operation
method, technology, and end-uses
It also provides detailed country level analysis and forecast for
key countries (the U.S., Canada,
Germany, France, the U.K., Spain, Italy,
Russia & CIS, China, Japan,
India, ASEAN, Brazil, Mexico, GCC, and South Africa) and the rest of the area in each
region with respect to different segments
It includes detailed Porter's five forces analysis and value chain
analysis. These comprise integration among market players along
with identification of potential key customers of conformal
coatings for PCBs.
The report further analyzes various market drivers, inhibitors,
current & future market trends, and emerging applications
The report also provides customer analysis, customer insights,
marketing strategy & product placement, selection criteria
& decision making, along with a list of conformal coating
system/equipment providers
Competition landscape covers company profiling, market share
analysis, competitive benchmarking, product mapping, and
competition matrix of key players
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