Automotive Conformal Coatings Market – Trends Forecast Till 2028

Automotive Conformal Coatings Market, by Material (Acrylic, Silicone, Epoxy, Polyurethane, Parylene), Component (ECU, PCB, Sensor, Battery Casing, LED and Infotainment System), Application Method, Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: February, 2021

Base Year Estimate: 2020

Report ID: D-AU-ACCM-103

Format:  

Number of Pages: 225

Domain: Automotive

Automotive Conformal Coatings Market – Trends Forecast Till 2028

Automotive Conformal Coatings Market, by Material (Acrylic, Silicone, Epoxy, Polyurethane, Parylene), Component (ECU, PCB, Sensor, Battery Casing, LED and Infotainment System), Application Method, Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America)

Global Automotive Conformal Coatings Market is anticipated to reach USD 2.0 billion in 2021 growing at a CAGR of 8.9% during the forecasting period, 2021-2028. 

Conformal coating is a polymeric material coating done on the PCBs or Printed circuit board (used in capacitor and transformers) so as to protect these miniature circuits from environmental stress. They can be applied in various ways. They can be sprayed, brush coated, etc. These provide stability to PCBs over variable environmental conditions and also protect the components from corrosion, fungal growth, and electrical failure. While conformal coating protects PCBs from moisture but they can’t be considered waterproof.

Due to increased awareness about pollution, there is increasing acceptance and popularity of electronic vehicles are some of the factors that have supported long-term expansion for the foot and ankle devices industry. 

Automotive Conformal Coatings Market – Trends Forecast Till 2028

Global Automotive Conformal Coatings Market is segmented into Material, Application method Component, Vehicle Type, EV, and geography.

Material segment is segmented into Acrylic, Silicone, Epoxy, Polyurethane, Parylene

Component segment is segmented into ECU, PCB, Sensor, Battery Casing, LED, and Infotainment System

Geographically, Global Automotive Conformal Coatings Market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and South America and insights are provided for each region and major countries within the regions

Key players in Global Automotive Conformal Coatings Market are Dow (US), Henkel (Germany), Chase Corporation (US), H.B. Fuller (US), and Electrolube (UK) others. 

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Research Methodology

Secondary Research

This research method involved the usage of extensive secondary sources (such as directories and databases)—Hoovers, Avention, annual reports, investor presentation, conferences like Jefferies conference)—to identify and collect information useful for this study of the Global Automotive Conformal Coatings Market. The purpose of secondary research is to identify and collection of extensive, technical, market-oriented, and commercial study the global Automotive Conformal Coatings Market. Through secondary research, the market is classified and segmented as per industry trends, developments, regional markets, products, and technological development. 

Primary Research

The primary sources mainly included several industry experts from the core and related industries and suppliers, manufacturers, distributors, alliances, and organizations related to all segments of this industry’s supply chain. In-depth interviews were conducted with various primary respondents—including key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts—to obtain and verify critical qualitative and quantitative information as well as to assess future prospects. The following figure depicts the market research methodology used in drafting this report on the Global Automotive Conformal Coatings Market.

Primary Respondent breakdown is given below:

PRIMARY RESPONDENTS

Market Sizing

Top-down and bottom approaches were used to derive the market estimate and validate the total revenue of the Global Automotive Conformal Coatings Market. This approach has also been used to derive the market for segmentation and sub-segmentation. 

Data Validation

Impact analysis has been conducted for deriving the market size. After collecting the in-depth quantitative and qualitative data, we contact primary respondents in order to gain a 98.8% of confidence level on our data.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants 

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors
  • Gain authentic and granular data access for Global Automotive Conformal Coatings Market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Market Revenue In 2021

USD 2.0 billion

Growth Rate

CAGR of 8.9% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year 

2020

Units Considered

Revenue in USD million and CAGR from 2021 to 2028

Report Segmentation

Material, Application method Component, Vehicle Type, EV and Geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and the Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

Dow (US), Henkel (Germany), Chase Corporation (US), H.B. Fuller (US), and Electrolube (UK)

Available Customization 

In addition to the market data for Global Automotive Conformal Coatings Market, Delvens offers client-centric reports and is customized according to the company’s specific demand and requirement.

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