Electronic Protection Device Coatings Market
Electronic protection device coatings market is majorly driven by rise in use of portable electronics, increased demand from automotive electronics applications and decrease in size of printed circuit boards over the last few years.
The market is expected to become more diverse in the forecast period as these coated electronic products are available in endless array of sizes and shapes ranging from complex panels, large motherboards, tiny PCB and flexible circuits. These coatings are used in various industries such as automotive, consumer electronics, medical, avionics, military, industrial machine controls, aerospace among others.
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Electronic Protection Device Coatings Market size will surpass USD 20 billion by 2025. Electronic protection device coatings are the polymers that are applied to printed circuit boards (PCB) in thin layers to electrically insulate and protect the components from environmental stresses such as moisture, chemicals, dust, debris etc. These coatings can be applied by various techniques which are majorly brushing, dipping, manual spraying or automatic spraying.
Electronic protection device coatings market report considers various materials (chemistries) such as acrylic, silicone, polyurethane, epoxy and others (paraxylene, rubber, synthetic rubber, fluoropolymers). The choice of coating used depends upon the the application, operating temperature, curing time, moisture protection among others.
Key Point of TOC:
Chapter 8. Company Profiles
8.1. Henkel AG
8.1.1. Business overview
8.1.2. Financial data
8.1.3. Product landscape
8.1.4. Strategic outlook
8.1.5. SWOT analysis
8.2.1. Business overview
8.2.2. Financial data
8.2.3. Product landscape
8.2.4. Strategic outlook
8.2.5. SWOT analysis
8.3. HB Fuller
8.3.1. Business overview
8.3.2. Financial data
Acrylic is the most commonly used Electronic protection device coating material in the electronics protection industry (almost 70-75%) as it is available at a cheaper price as compared to other chemistries and have good environment protection properties. They are widely used for coatings PCB’s in consumer electronics, appliances and white goods industry. Also, they have wide operating range and can adhere to wide range of substrates such as LED boards, electrical generators, relays, cell phones, avionics among others. The U.S. acrylic coating market for electronic protection is USD 520 million by end of forecast period driven by robust demand of computers, laptops & smart phones and other household electronics.
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Asia Pacific is the largest electronic protection device coatings market as almost 80-90% of PCB manufactured are made in China, Japan, South Korea, Taiwan, Singapore among others. Asia Pacific is forecasted to be the fastest growing market driven by increased demand of smart electronic appliances, steady demand of white goods and growing industrialization. Also availability of low cost raw material & cheap skilled labor, global companies are shifting their attention to low cost countries such as Malaysia, Thailand, Vietnam among others to set up manufacturing base.
Key players present in the electronic protection device coatings market are HB Fuller, Henkel, Dymax, Electrolube, Chase Electronics Coatings, 3M, Elantas, MG Chemicals etc,
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