Conformal Coating Market Surges Towards $1.8 Billion Valuation by 2028: Key Factors and Forecast
The Conformal coatings market size is estimated to be USD 1.4 billion in 2023, and it is projected to reach USD 1.8 billion by 2028 at a CAGR of 5.3%. Conformal coatings are made using acrylic, epoxy, Silicone, Parylene, urethane, and other chemistries such as alkyd and hydrocarbons. Conformal coatings serve a multitude of crucial roles across various industries, thanks to their adeptness...
Shin-Etsu Chemicals (Japan) and Dow (US) are Leading Players in the Conformal Coating Market
The Conformal coatings market is estimated to be USD 977 million in 2020 and is expected to reach USD 1,265 million by 2025 at CAGR of 5.3%. Conformal coatings are a type of protective coatings of 25-75µm thickness which are applied to printed circuit boards (PCBs) and other electronic components to protect them from harsh environments such as dust, solvents, moisture, humidity, and high temperature....