Conformal Coatings Market Trends, Share and Industry Report, 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Conformal Coatings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global conformal coatings market trends, share, size and  forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How Big is the Conformal Coatings Market?

The global conformal coatings market size reached US$ 12.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 17.9 Billion by 2028, exhibiting a growth rate (CAGR) of 5.93% during 2023-2028.

What are Conformal Coatings?

Conformal coatings are specialized polymer films applied to electronic circuit boards and other electronic components to provide a protective barrier. They are manufactured from various materials, such as acrylic, silicone, epoxy, and polyurethane, each offering distinct advantages. They are designed to safeguard electronics from environmental hazards like moisture, dust, chemicals, and temperature fluctuations. They find extensive use across multiple industries, including automotive, medical, and consumer electronics, to ensure the durability and optimal functionality of a wide range of electronic products.

Request Free Sample Copy of This Report:

What are the growth prospects and trends in the conformal coatings industry?

The increasing complexity of electronic assemblies and the miniaturization of components represent one of the major factors impelling the growth of the market. Additionally, the growing awareness about the long-term benefits of using conformal coatings to reduce operational disruptions and failure rates is offering a favorable market outlook. Besides this, the increasing development of advanced conformal coatings offering superior protection qualities with minimal impact on component weight or size is strengthening the growth of the market.

Moreover, the rising utilization of smart technologies and internet of things (IoT) devices in industries to automate various tasks is supporting the growth of the market. In addition, the growing implementation of stringent regulations aimed at maintaining environmental sustainability is encouraging the adoption of eco-friendly and solvent-free conformal coatings.

Furthermore, the rising demand for high-performance electronics in extreme environments like space and deep-sea exploration, which require coatings to withstand exceptionally harsh conditions, is contributing to the market growth. Apart from this, the increasing purchase of electric vehicles (EVs) as a sustainable alternative to fuel-run cars is supporting the growth of the market.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Type:

  • Acrylic
  • Silicone
  • Epoxy
  • Urethane
  • Parylene
  • Others

Breakup by Technologies:

  • Solvent-based
  • UV-cured
  • Water-based

Breakup by Operation Method:

  • Dip Coating
  • Spray Coating
  • Brush Coating
  • Chemical Vapor Deposition (CVD)

Breakup by End Use:

  • Consumer Electronics
  • Automotive
  • Medical
  • Aerospace and Defense
  • Others

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • Altana AG 
  • Chase Corporation
  • CHT Germany GmbH
  • Dow Inc.
  • Dymax Corporation
  • Electrolube (HK Wentworth Group)
  • Europlasma NV
  • H.B. Fuller Company
  • Henkel AG & Co. KGaA
  • MG Chemicals 
  • Panacol-Elosol GmbH (Dr. Hönle AG)
  • Shin-Etsu Chemical Co. Ltd

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US


134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800


Follow us on Twitter: @imarcglobal


Leave a Reply

Your email address will not be published. Required fields are marked *