Chicago, IL -- (SBWIRE) -- 08/08/2017 -- Conformal coating is used to protect circuit boards from tough external environment conditions. It is a protective chemical barrier or a polymer film which is applied as layers forming a protective covering against moisture, chemicals, dust, or temperature variations. It also offers protection against corrosion or electric failures. Conformal coatings are being used in diverse industries such as aerospace, military, marine, and so on. Due to their efficient protection against external factors, conformal coatings are being used in household as well as professional electronic devices. The coating can be sprayed, dipped, or brushed on the surfaces wherever required. This report studies the current and future aspects of the conformal coatings market.

The report on the global World conformal coatings market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.

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The conformal coatings market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. The Asia-Pacific region holds the highest market share and is the largest revenue contributor of the conformal coatings market. The region is bound to grow at a steady pace during the forecasted period due the growth of electricals and electronics industries, which is opening newer opportunities for the market growth. The growth of automotive and electronics industries in Asia-Pacific region is favoring the progress of conformal coatings market.

MARKET SEGMENTATION

This report analyzes the world conformal coatings market by the following segments:

World Conformal Coatings Market, by Type

1. Silicone
2. Acrylic
3. Epoxy
4. Urethane
5. Parylene
6. Others

World Conformal Coatings Market, by End-User

1. Electronics
2. Aerospace & Defense
3. Automotive & Transportation
4. Industrial
5. Marine
6. Others

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