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The global conformal coatings market was valued at US$ 11.72 Billion in 2021.
We expect the global conformal coatings market to exhibit a CAGR of 6.10% during 2022-2027.
The rising application of conformal coatings in cameras, gaming consoles, remote cars, smartphones,
etc., to protect their Printed Circuit Board (PCB) from corrosion, dust, chemicals, and extreme
environments, is primarily driving the global conformal coatings market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown
regulations across several nations resulting in temporary closure of numerous end-use industries for
Based on the type, the global conformal coatings market has been segmented into acrylic, silicone,
epoxy, urethane, parylene, and others. Currently, acrylic holds the majority of the total market share.
Based on the end use, the global conformal coatings market can be divided into consumer electronics,
automotive, medical, aerospace and defense, and others. Among these, the consumer electronics sector
exhibits a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin
America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.
Some of the major players in the global conformal coatings market include Altana AG, Chase
Corporation, CHT Germany GmbH, Dow Inc., Dymax Corporation, Electrolube (HK Wentworth Group),
Europlasma NV, H.B. Fuller Company, Henkel AG & Co. KGaA, MG Chemicals, Panacol-Elosol GmbH (Dr.
Hönle AG), and Shin-Etsu Chemical Co. Ltd.
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