Conformal Coatings Market - Global Trends & Forecasts to 2021
出 版 商:MarketsandMarkets
出版日期:2016/06/15
頁 數:198頁
文件格式:PDF
The conformal coatings market size is estimated to reach USD 12.28 billion by 2021 at a CAGR of 4.7% between 2016 and 2021. Easy to apply and repair, and resistance to dust, moisture, solvents, high temperatures, and humidity are the key properties of conformal coatings, which make it the preferred material for various applications.
“Urethane—the fastest-growing type of conformal coatings”
The urethane conformal coatings segment is estimated to be the fastest-growing type in the conformal coatings market. The rising demands for conformal coatings with excellent chemical and corrosion resistant properties drive this segment in the conformal coatings market. Urethane conformal coatings are used in the marine industry, as it offers exceptional chemical and abrasion resistance. Polyurethane conformal coatings offer good dielectric properties with excellent humidity and are cost-effective.
“Rising demand in Asia-Pacific—the major growth driver for the conformal coatings market“
In 2015, Asia-Pacific dominated the conformal coatings market due to rapidly increasing electronics and automotive industries. The Asia-Pacific region is projected to register the highest growth rate, both in terms of value and volume, owing to high demand from China and India. China is the largest market for conformal coatings globally with major demand from the electronics industry. Growing innovation & development and rising demand in the industrial sector for novel and improved products are directly affecting the rise in the use of conformal coatings. The excessive growth and innovation, along with industry consolidations, are projected to ascertain a bright future for the industry in the region.
Extensive primary interviews were conducted to determine and verify the market size for several segments and subsegments gathered through secondary research.
The break-up of primary interviews is given below.
‧ By Company Type - Tier 1 – 37%, Tier 2 – 50%, and Others – 13%
‧ By Designation - C level – 50%, Director level – 31%, and Others – 19%
‧ By Region - North America – 31%, Europe – 38%, Asia-Pacific – 25%, and RoW- 6%
The key companies profiled in this market research report are Chase Corporation (U.S.), Henkel AG & KGaA (Germany), Illinois Tool Works (U.S.), Shin-Etsu Chemical Company Limited (Japan), Dow Corning (U.S.), H.B. Fuller (U.S.), Electrolube (U.K.), Europlasma NV (Belgium), MG Chemicals (Canada), and Kisco Conformal Coatings (Japan).
REASONS TO BUY THE REPORT
The report will help the market leaders/new entrants in this market in the following ways:
1. This report segments the conformal coatings market comprehensively and provides the closest approximations of market sizes for the overall market and subsegments across verticals and regions.
2. The report will help stakeholders understand the dynamics of the market and provide them information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders understand the major competitors and gain insights to enhance their position in the business. The competitive landscape section includes expansions, new product developments, and mergers & acquisitions.
“Urethane—the fastest-growing type of conformal coatings”
The urethane conformal coatings segment is estimated to be the fastest-growing type in the conformal coatings market. The rising demands for conformal coatings with excellent chemical and corrosion resistant properties drive this segment in the conformal coatings market. Urethane conformal coatings are used in the marine industry, as it offers exceptional chemical and abrasion resistance. Polyurethane conformal coatings offer good dielectric properties with excellent humidity and are cost-effective.
“Rising demand in Asia-Pacific—the major growth driver for the conformal coatings market“
In 2015, Asia-Pacific dominated the conformal coatings market due to rapidly increasing electronics and automotive industries. The Asia-Pacific region is projected to register the highest growth rate, both in terms of value and volume, owing to high demand from China and India. China is the largest market for conformal coatings globally with major demand from the electronics industry. Growing innovation & development and rising demand in the industrial sector for novel and improved products are directly affecting the rise in the use of conformal coatings. The excessive growth and innovation, along with industry consolidations, are projected to ascertain a bright future for the industry in the region.
Extensive primary interviews were conducted to determine and verify the market size for several segments and subsegments gathered through secondary research.
The break-up of primary interviews is given below.
‧ By Company Type - Tier 1 – 37%, Tier 2 – 50%, and Others – 13%
‧ By Designation - C level – 50%, Director level – 31%, and Others – 19%
‧ By Region - North America – 31%, Europe – 38%, Asia-Pacific – 25%, and RoW- 6%
The key companies profiled in this market research report are Chase Corporation (U.S.), Henkel AG & KGaA (Germany), Illinois Tool Works (U.S.), Shin-Etsu Chemical Company Limited (Japan), Dow Corning (U.S.), H.B. Fuller (U.S.), Electrolube (U.K.), Europlasma NV (Belgium), MG Chemicals (Canada), and Kisco Conformal Coatings (Japan).
REASONS TO BUY THE REPORT
The report will help the market leaders/new entrants in this market in the following ways:
1. This report segments the conformal coatings market comprehensively and provides the closest approximations of market sizes for the overall market and subsegments across verticals and regions.
2. The report will help stakeholders understand the dynamics of the market and provide them information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders understand the major competitors and gain insights to enhance their position in the business. The competitive landscape section includes expansions, new product developments, and mergers & acquisitions.
TABLE OF CONTENTS
1 INTRODUCTION 17
1.1 OBJECTIVES OF THE STUDY 17
1.2 MARKET DEFINITION 17
1.3 MARKET SCOPE 18
1.3.1 MARKETS COVERED 18
1.3.2 BY REGION 19
1.4 YEARS CONSIDERED FOR THE STUDY 20
1.5 CURRENCY 20
1.6 PACKAGE SIZE 20
1.7 STAKEHOLDERS 20
2 RESEARCH METHODOLOGY 21
2.1 RESEARCH DATA 21
2.1.1 SECONDARY DATA 22
2.1.1.1 Key data from secondary sources 22
2.1.2 PRIMARY DATA 22
2.1.2.1 Key data from primary sources 23
2.1.2.2 Key industry insights 24
2.1.2.3 Breakdown of primary interviews 24
2.2 MARKET SIZE ESTIMATION 25
2.2.1 BOTTOM-UP APPROACH 25
2.2.2 TOP-DOWN APPROACH 26
2.3 DATA TRIANGULATION 27
2.4 RESEARCH ASSUMPTIONS 28
2.5 LIMITATIONS 28
3 EXECUTIVE SUMMARY 29
4 PREMIUM INSIGHTS 33
4.1 ATTRACTIVE MARKET OPPORTUNITIES FOR CONFORMAL COATINGS 33
4.2 ASIA-PACIFIC: LARGEST CONFORMAL COATINGS MARKET 34
4.3 ASIA-PACIFIC EXPECTED TO DOMINATE THE GLOBAL CONFORMAL COATINGS MARKET, 2016–2021 35
4.4 LIFECYCLE ANALYSIS 35
5 MARKET OVERVIEW 37
5.1 INTRODUCTION 38
5.2 SEGMENTATION 39
5.2.1 BY TYPE 39
5.2.2 BY END-USE INDUSTRY 40
5.2.3 BY REGION 40
5.3 MARKET DYNAMICS 41
5.3.1 DRIVERS 41
5.3.1.1 Growing demand from automotive & transportation industry in Asia-Pacific 41
5.3.1.2 Increased operational parameters for electronic components in aerospace & defense industry 42
5.3.2 RESTRAINTS 43
5.3.2.1 Expensive replacement and repairing in case of damage 43
5.3.2.2 Technological restraints 44
5.3.3 OPPORTUNITIES 45
5.3.3.1 New product development broadens application areas of conformal coatings 45
5.3.4 CHALLENGES 45
5.3.4.1 High price affecting demand 45
6 INDUSTRY TRENDS 46
6.1 INTRODUCTION 46
6.2 VALUE CHAIN ANALYSIS 47
6.3 PORTER’S FIVE FORCES ANALYSIS 48
6.3.1 BARGAINING POWER OF SUPPLIERS 49
6.3.2 THREAT OF NEW ENTRANTS 49
6.3.3 THREAT OF SUBSTITUTES 50
6.3.4 BARGAINING POWER OF BUYERS 50
6.3.5 INTENSITY OF COMPETITIVE RIVALRY 51
6.4 ECONOMIC INDICATOR 51
6.4.1 INTRODUCTION 51
6.4.2 TRENDS AND FORECAST OF GDP 51
6.4.3 PER CAPITA GDP VS. PER CAPITA CONFORMAL COATINGS DEMAND 54
6.4.4 TRENDS AND FORECAST OF MANUFACTURING INDUSTRY, BY COUNTRY 55
6.4.5 TRENDS OF ELECTRONICS INDUSTRY 58
6.4.6 TRENDS OF AEROSPACE INDUSTRY 60
6.4.7 TRENDS OF AUTOMOTIVE INDUSTRY 61
6.4.8 CONFORMAL COATINGS INDUSTRY, BY TECHNOLOGY 63
6.5 PATENT ANALYSIS 65
7 CONFORMAL COATINGS MARKET, BY TYPE 67
7.1 INTRODUCTION 68
7.1.1 SILICONE 70
7.1.2 ACRYLIC 72
7.1.3 EPOXY 74
7.1.4 URETHANE 75
7.1.5 PARYLENE 77
7.1.6 OTHERS 78
8 CONFORMAL COATINGS MARKET, BY END-USE INDUSTRY 80
8.1 INTRODUCTION 81
8.1.1 ELECTRONICS 81
8.1.2 AEROSPACE & DEFENSE 83
8.1.3 AUTOMOTIVE & TRANSPORTATION 85
8.1.4 INDUSTRIAL 87
8.1.5 MARINE 88
8.1.6 OTHER END-USE INDUSTRIES 89
9 CONFORMAL COATINGS MARKET, BY REGION 92
9.1 INTRODUCTION 93
9.2 NORTH AMERICA 95
9.2.1 U.S. 99
9.2.2 CANADA 102
9.2.3 MEXICO 104
9.3 EUROPE 106
9.3.1 GERMANY 110
9.3.2 FRANCE 112
9.3.3 RUSSIA 114
9.3.4 U.K. 116
9.3.5 REST OF EUROPE 118
9.4 ASIA-PACIFIC 120
9.4.1 CHINA 125
9.4.2 INDIA 127
9.4.3 JAPAN 129
9.4.4 TAIWAN 131
9.4.5 SOUTH KOREA 133
9.4.6 INDONESIA 135
9.4.7 SINGAPORE 137
9.4.8 REST OF ASIA-PACIFIC 139
9.5 MIDDLE EAST & AFRICA 141
9.5.1 SAUDI ARABIA 144
9.5.2 SOUTH AFRICA 146
9.5.3 REST OF MIDDLE EAST & AFRICA 148
9.6 SOUTH AMERICA 150
9.6.1 BRAZIL 153
9.6.2 ARGENTINA 155
9.6.3 REST OF SOUTH AMERICA 157
10 COMPETITIVE LANDSCAPE 159
10.1 OVERVIEW 159
10.2 COMPETITIVE SITUATIONS AND TRENDS 160
10.3 NEW PRODUCT LAUNCHES: MOST POPULAR GROWTH STRATEGY BETWEEN 2013 AND 2016 161
10.3.1 NEW PRODUCT LAUNCHES 162
10.3.2 EXPANSIONS 163
10.3.3 AGREEMENTS & PARTNERSHIPS 163
10.3.4 MERGERS & ACQUISITIONS 164
11 COMPANY PROFILES 165
(Overview, Financial*, Products & Services, Strategy, and Developments)
11.1 HENKEL AG & CO. KGAA 165
11.2 ILLINOIS TOOL WORKS. 167
11.3 SHIN-ETSU CHEMICAL CO., LTD. 170
11.4 DOW CORNING 173
11.5 H.B. FULLER 175
11.6 CHASE CORPORATION 177
11.7 ELECTROLUBE 180
11.8 EUROPLASMA NV 182
11.9 MG CHEMICALS 183
11.10 KISCO CONFORMAL COATINGS LLC 184
11.11 DYMAX CORPORATION. 185
11.12 OTHER COMPANIES 186
*Details might not be captured in case of unlisted companies.
12 APPENDIX 189
12.1 INSIGHTS FROM INDUSTRY EXPERTS 189
12.2 DISCUSSION GUIDE 190
12.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 192
12.4 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 194
12.5 AVAILABLE CUSTOMIZATIONS 195
12.6 RELATED REPORTS 196
1 INTRODUCTION 17
1.1 OBJECTIVES OF THE STUDY 17
1.2 MARKET DEFINITION 17
1.3 MARKET SCOPE 18
1.3.1 MARKETS COVERED 18
1.3.2 BY REGION 19
1.4 YEARS CONSIDERED FOR THE STUDY 20
1.5 CURRENCY 20
1.6 PACKAGE SIZE 20
1.7 STAKEHOLDERS 20
2 RESEARCH METHODOLOGY 21
2.1 RESEARCH DATA 21
2.1.1 SECONDARY DATA 22
2.1.1.1 Key data from secondary sources 22
2.1.2 PRIMARY DATA 22
2.1.2.1 Key data from primary sources 23
2.1.2.2 Key industry insights 24
2.1.2.3 Breakdown of primary interviews 24
2.2 MARKET SIZE ESTIMATION 25
2.2.1 BOTTOM-UP APPROACH 25
2.2.2 TOP-DOWN APPROACH 26
2.3 DATA TRIANGULATION 27
2.4 RESEARCH ASSUMPTIONS 28
2.5 LIMITATIONS 28
3 EXECUTIVE SUMMARY 29
4 PREMIUM INSIGHTS 33
4.1 ATTRACTIVE MARKET OPPORTUNITIES FOR CONFORMAL COATINGS 33
4.2 ASIA-PACIFIC: LARGEST CONFORMAL COATINGS MARKET 34
4.3 ASIA-PACIFIC EXPECTED TO DOMINATE THE GLOBAL CONFORMAL COATINGS MARKET, 2016–2021 35
4.4 LIFECYCLE ANALYSIS 35
5 MARKET OVERVIEW 37
5.1 INTRODUCTION 38
5.2 SEGMENTATION 39
5.2.1 BY TYPE 39
5.2.2 BY END-USE INDUSTRY 40
5.2.3 BY REGION 40
5.3 MARKET DYNAMICS 41
5.3.1 DRIVERS 41
5.3.1.1 Growing demand from automotive & transportation industry in Asia-Pacific 41
5.3.1.2 Increased operational parameters for electronic components in aerospace & defense industry 42
5.3.2 RESTRAINTS 43
5.3.2.1 Expensive replacement and repairing in case of damage 43
5.3.2.2 Technological restraints 44
5.3.3 OPPORTUNITIES 45
5.3.3.1 New product development broadens application areas of conformal coatings 45
5.3.4 CHALLENGES 45
5.3.4.1 High price affecting demand 45
6 INDUSTRY TRENDS 46
6.1 INTRODUCTION 46
6.2 VALUE CHAIN ANALYSIS 47
6.3 PORTER’S FIVE FORCES ANALYSIS 48
6.3.1 BARGAINING POWER OF SUPPLIERS 49
6.3.2 THREAT OF NEW ENTRANTS 49
6.3.3 THREAT OF SUBSTITUTES 50
6.3.4 BARGAINING POWER OF BUYERS 50
6.3.5 INTENSITY OF COMPETITIVE RIVALRY 51
6.4 ECONOMIC INDICATOR 51
6.4.1 INTRODUCTION 51
6.4.2 TRENDS AND FORECAST OF GDP 51
6.4.3 PER CAPITA GDP VS. PER CAPITA CONFORMAL COATINGS DEMAND 54
6.4.4 TRENDS AND FORECAST OF MANUFACTURING INDUSTRY, BY COUNTRY 55
6.4.5 TRENDS OF ELECTRONICS INDUSTRY 58
6.4.6 TRENDS OF AEROSPACE INDUSTRY 60
6.4.7 TRENDS OF AUTOMOTIVE INDUSTRY 61
6.4.8 CONFORMAL COATINGS INDUSTRY, BY TECHNOLOGY 63
6.5 PATENT ANALYSIS 65
7 CONFORMAL COATINGS MARKET, BY TYPE 67
7.1 INTRODUCTION 68
7.1.1 SILICONE 70
7.1.2 ACRYLIC 72
7.1.3 EPOXY 74
7.1.4 URETHANE 75
7.1.5 PARYLENE 77
7.1.6 OTHERS 78
8 CONFORMAL COATINGS MARKET, BY END-USE INDUSTRY 80
8.1 INTRODUCTION 81
8.1.1 ELECTRONICS 81
8.1.2 AEROSPACE & DEFENSE 83
8.1.3 AUTOMOTIVE & TRANSPORTATION 85
8.1.4 INDUSTRIAL 87
8.1.5 MARINE 88
8.1.6 OTHER END-USE INDUSTRIES 89
9 CONFORMAL COATINGS MARKET, BY REGION 92
9.1 INTRODUCTION 93
9.2 NORTH AMERICA 95
9.2.1 U.S. 99
9.2.2 CANADA 102
9.2.3 MEXICO 104
9.3 EUROPE 106
9.3.1 GERMANY 110
9.3.2 FRANCE 112
9.3.3 RUSSIA 114
9.3.4 U.K. 116
9.3.5 REST OF EUROPE 118
9.4 ASIA-PACIFIC 120
9.4.1 CHINA 125
9.4.2 INDIA 127
9.4.3 JAPAN 129
9.4.4 TAIWAN 131
9.4.5 SOUTH KOREA 133
9.4.6 INDONESIA 135
9.4.7 SINGAPORE 137
9.4.8 REST OF ASIA-PACIFIC 139
9.5 MIDDLE EAST & AFRICA 141
9.5.1 SAUDI ARABIA 144
9.5.2 SOUTH AFRICA 146
9.5.3 REST OF MIDDLE EAST & AFRICA 148
9.6 SOUTH AMERICA 150
9.6.1 BRAZIL 153
9.6.2 ARGENTINA 155
9.6.3 REST OF SOUTH AMERICA 157
10 COMPETITIVE LANDSCAPE 159
10.1 OVERVIEW 159
10.2 COMPETITIVE SITUATIONS AND TRENDS 160
10.3 NEW PRODUCT LAUNCHES: MOST POPULAR GROWTH STRATEGY BETWEEN 2013 AND 2016 161
10.3.1 NEW PRODUCT LAUNCHES 162
10.3.2 EXPANSIONS 163
10.3.3 AGREEMENTS & PARTNERSHIPS 163
10.3.4 MERGERS & ACQUISITIONS 164
11 COMPANY PROFILES 165
(Overview, Financial*, Products & Services, Strategy, and Developments)
11.1 HENKEL AG & CO. KGAA 165
11.2 ILLINOIS TOOL WORKS. 167
11.3 SHIN-ETSU CHEMICAL CO., LTD. 170
11.4 DOW CORNING 173
11.5 H.B. FULLER 175
11.6 CHASE CORPORATION 177
11.7 ELECTROLUBE 180
11.8 EUROPLASMA NV 182
11.9 MG CHEMICALS 183
11.10 KISCO CONFORMAL COATINGS LLC 184
11.11 DYMAX CORPORATION. 185
11.12 OTHER COMPANIES 186
*Details might not be captured in case of unlisted companies.
12 APPENDIX 189
12.1 INSIGHTS FROM INDUSTRY EXPERTS 189
12.2 DISCUSSION GUIDE 190
12.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 192
12.4 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 194
12.5 AVAILABLE CUSTOMIZATIONS 195
12.6 RELATED REPORTS 196