Conformal Coating Market Analysis and Competitive Strategies, 2016 to 2024

The global Conformal Coating Market is estimated to reach nearly USD 16 billion by 2024. It stood at USD 9.7 billion in 2015. Demand from industries, such as automotive and consumer electronics can drive the market from 2016 to 2024 (forecast period). Customization is the ongoing trend in the global market. Companies are developing 8-10 versions of a certain coating material to cater to the growing demands of various industries. Viscosity modifications starting from 20 cps (centipoise) are gaining popularity nowadays. Appearance of a coating or its fluorescence can be altered as per the specifications of end-users.