Global Conformal Coating Market Overview:
Conformal coatings are provided to the circuit board topology by protective coating or polymer film of 25-75µm thick so as to protect electronic circuits from the harsh environment containing high humidity and varying temperature. It maintains surface insulation resistance and ensures operational quality. Growing electronic industry and continuous research and development in defence and military sector is increasing the global conformal coating market. However, due to some external factors like extreme weather conditions and stringent regulatory norms regarding the conformal coating might slow down the market growth.
- Need for Protecting Electronic Circuit Board from Environmental Factors
- Increasing Demand in Electronic and Automotive Industries for High Performance and Reliability
- Increasing Demand for Conformal Coating due to Expansion in Electronics Products and Components
- Extreme Environmental Factors can Affect the Conformal Coating on the Components
- Regulatory Standards Might be the Hindrance for the market
- Continuous Research and Development for Advancement in Military and Defense Industry
- Constant use of Conformal Coating in Medical Devices
- Difficulty in removing the Conformal Coating from the Circuit boards
- Problems Associated with Conformal Coating Process
Some of the key players profiled in the report are Dymax Corporation (United States), Industrialex Manufacturing Corp. (United States), Nusil (United States), Stannol GmbH & Co. KG (Germany), NTS (United States), Europlasma (Belgium), Chiltern Connections (United Kingdom), Para-Coat Technologies, Inc. (United States), Summit Technologies Inc. (United States) and NPI Services, Inc. (United States). Analyst at AdvanceMarketAnalytics see United States Players to retain maximum share of Global Conformal Coating market by 2024. Considering Market by Coating Method, the sub-segment i.e. Brush will boost the Conformal Coating market. Considering Market by End Use Industry, the sub-segment i.e. Automotive Industry will boost the Conformal Coating market.
"Conformal coating standards are a series of specifications and tests which a coating must pass in order to be considered for use in certain environments such as Military or Automotive applications. and Most conformal coatings are either qualified to MIL-I-46058C or meet the requirements of the closely related IPC-CC-830B specification. In addition, they may be recognized by Underwriters Laboratories, either as a permanent coating, in which case the flammability of the coating is assessed to UL94V0 or as a conformal coating, where the electrical properties will be assessed as part of the UL746E standard."
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Conformal Coating market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Conformal Coating market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Conformal Coating Manufacturers, Conformal Coating International traders, Conformal Coating Distributors and Suppliers, Conformal Coating Service Providers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.