Conformal Coatings Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The market for conformal coatings is expected to witness a CAGR of more than 6% during the forecast period (2022-2027).
COVID-19 pandemic has negatively affected the market in 2021 due to the disruptions in the supply chain and the closure of manufacturing facilities. The aerospace industry was hampered in the short term due to the COVID-19 pandemic since air travel was restricted around the world. However, the market excepted to retain its growth rate in 2022.
Key HighlightsThe global conformal coatings market is partially consolidated in terms of revenue. Some of the major players include Dow, H.B. Fuller Company, Henkel AG & Co. KGaA, ITW, and Shin-Etsu Chemical Co. Ltd, among others.
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