EPD Coatings Market Forecast Report 2018 to 2025 By Mode Of Application - Brushing, Dipping, Manual Spray, Automatic Spray
Date: 2018-11-19   Author: Rahul Varpe  Category: #market

EPD Coatings Market Forecast Report 2018 to 2025 By Mode Of Application - Brushing, Dipping, Manual Spray, Automatic Spray

Global Market Insights, Inc. adds a new EPD Coatings Market research report for the period of 2018-2025 focuses on the major drivers and restraints for the global key players providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.

Electronic Protection Device Coatings Market size will surpass USD 20 billion by 2025; according to a new research report by Global Market Insights, Inc. 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.

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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.

Electronic protection device coatings 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.

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Silicone coatings are used for elevated temperature applications to protect against moisture, dirt, dust and corrosion. These coatings find applications in automotive electronics, oil & gas, transformer industry and elevated temperature environment. In others, paraxylene coatings is used for aerospace and defense application mainly satellites, spacecrafts & also in medical devices.

Automotive is one of the fastest growing application for electronic protection device coatings market, as the market is primarily driven by increased demand for safety & comfort features, rise in luxury car sales especially in developing economies & rapid technological advancements which require heavy use of electronics. 

It is estimated that by 2024, the global car market would reach more than 110 million worldwide driven by electrification in automotive industry especially innovation in electric and hybrid vehicles, recovery of European markets mainly Russia and Ukraine, steady demand from Asian countries especially India, Malaysia. Overall the demand of electronic protection device coatings is expected to grow by 4-5% each year till the forecast period in the automotive application.

Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/electronic-protection-device-coatings-market

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 are HB Fuller, Henkel, Dymax, Electrolube, Chase Electronics Coatings, 3M, Elantas, MG Chemicals etc,

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
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Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for AlgosOnline. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. ...

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