Total
Global Automotive Conformal Coatings Market is estimated to reach USD 4.19 Billion by 2030 from USD 1.96 Billion in
2021 at a compound annual growth rate (CAGR) of 8.8%.
The conformal coatings
improve a number of product attributes, such as high heat, dust, moisture, and
corrosion resistance, as well as overall product durability. Since inadequate
dispersion causes cracks in the coating layer and impairs PCB functionalities,
the usage of conformal coating has increased the demand for high-quality
dispensing systems. A manufacturer of electronic automobile components in
Tianjin, China received a PCB conformal coating dispensing and inspection
system from Delta Electronics, Inc. in January 2021. The device sprays coatings
out of a nozzle and sounds an alert if the spray is inadequate or done incorrectly.
Asia Pacific, North America, Europe, Latin America, and the Rest of the World are among the major geographical areas taken into account for the worldwide Automotive Conformal Coatings market analysis. Due to the growing number of electronics installed in vehicles to ensure their safe operation, the region's strong base of electronic component manufacturers, increased government emphasis on safety regulations, and rising demand for comfort features, Asia-Pacific holds a significant market share worldwide. However, for the predicted period of 2022–2028, Asia–Pacific is likewise expected to show the fastest growth rate. For the Automotive Conformal Coatings market in the Asia-Pacific region, factors like increased disposable income and creative government regulations for EV vehicles will generate attractive growth potential.Automotive Conformal Coating Market: Segmentation Analysis
Automotive Conformal Coating Market by type:
•
Acrylic
•
Silicone
•
Epoxy
•
Urethanes
•
Paralyene
•
Others
Acrylic conformal coating is
recognized for its high dielectric strength and fair moisture and the abrasion
level. This type provides a primary level of protection at an economical cost
as compared to other automotive conformal coating materials. It is key type
which drives the growth of the market.
Automotive Conformal Coating Market by component:
•
ECU
•
PCB
•
Sensor
•
Battery Casing
•
LED
•
Infotainment System
The sensor segment is
anticipated to expand notably over the forecast duration owing to increasing
government emphasis on the installation of sensors in vehicles as road safety
measure.
Automotive Conformal Coating Market by Vehicle Type:
•
Passenger vehicle
·
Hatchback
·
Sedan
·
Utility Vehicles
•
Light Duty Vehicle
•
Two-Wheeler
•
Medium & Heavy
Trucks
•
Buses & Coaches
Passenger type conformal
coating market is expected to drive by increase in electronic components. China
and India has the highest rate of passenger cars which will drive the growth of
this market. Standard features, such as reverse parking assist, airbags, are
expected to increase the installation of PCBs, ECUs and sensors in passenger
cars.
Automotive Conformal Coating Market by Application:
•
C In-cabin
Electronics
•
Under the hood
Electronics
•
Exterior Electronics
Top Key
Players:-
•
ACC Silicones Ltd.
•
ACL, Inc.
•
ALTANA AG
•
Anabond Limited
•
Avante International
Technology, Inc.
•
Chase Corporation
•
ConinsPune
•
Creative Materials,
Inc.
•
CSL Silicones Inc.
•
DowDupont Inc.
•
Dymax Corporation
•
Electro-Lite
Corporation
•
Electrolube
•
Europlasma NV
•
H.B. Fuller Company
•
Henkel AG &
•
Co. KGaA
•
Illinois Tool Works,
Inc.
•
John C. Dolph Company
•
Master Bond, Inc.
•
MG Chemicals
•
Peters Group
•
Protech Powder
Coating Company LLC
•
Shin-Etsu Chemical
Co., Ltd.
•
PPG Industries
Access Full Report:-https://wemarketresearch.com/reports/automotive-conformal-coatings-market/12/
Frequently Asked
Questions (FAQ):
1.
Impact of COVID-19 on automotive
conformal coatings market?
2.
Which component will lead the
automotive conformal coating market in the future, what impact will it have on
Asia Pacific region?
3.
What strategic initiatives are
being implemented by the key players for business growth?
4.
What opportunities and restrain
and opportunity for the automotive conformal coatings supplier?
5.
Who are leading players in
automotive conformal coatings market?
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