Electronics Conformal Coatings

Electronics Conformal Coatings

Global Electronics Conformal Coatings Market to Reach $17.7 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Electronics Conformal Coatings estimated at US$11.8 Billion in the year 2022, is projected to reach a revised size of US$17.7 Billion by 2030, growing at aCAGR of 5.2% over the period 2022-2030. Acrylic, one of the segments analyzed in the report, is projected to record 5.8% CAGR and reach US$7.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Silicone segment is readjusted to a revised 5.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $3.1 Billion, While China is Forecast to Grow at 8.1% CAGR
The Electronics Conformal Coatings market in the U.S. is estimated at US$3.1 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$4 Billion by the year 2030 trailing a CAGR of 8.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 4.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.

Select Competitors (Total 38 Featured) -

• Chase Corporation
• Chemtronics
• Dow, Inc.
• DuPont de Nemours, Inc.
• Dymax Corporation
• Electrolube
• Henkel AG & Co. KGaA
• MG Chemicals
• Nordson Corporation
• Peters Group
• Precision Valve & Automation, Inc. (PVA)
• Shin-Etsu Chemical Co., Ltd.

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