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Electronic protection device (EPD) 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.Electronic Protection Device Coatings Market size will surpass USD 20 billion by 2025. 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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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.
Polyurethane coating is another electronic protection device coating material, which offers excellent chemical resistant and protection in harsh environments. They also maintain flexibility at low temperatures and can be used on wise range of substrates such as PCB, electrical generators, fire alarm components, automotive electronics, motors, transformers among others. The global polyurethane coatings market for electronic protection device is expected to reach almost USD 800 million by 2025. Epoxy coating is another important type used for electronic protection such as electrical connectors, relays, marine industries, farming, mining among others. Epoxy coatings are very hard and are good at resisting moisture & have excellent chemical resistant.
Browse key industry insights spread across 370 pages with 408 market data tables & 24 figures & charts from the report, “Electronic Protection Device (EPD) Coatings Market Size, By Material (Acrylic, Polyurethane, Silicone, Epoxy), By Mode Of Application (Brushing, Dipping, Manual Spray, Automatic Spray), By End-User (Aerospace & Defense, Automotive, Appliance Controls, Consumer Electronics, Industrial Electronics), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, South Korea, Brazil, Mexico, UAE, Saudi Arabia, South Africa), Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2025” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/electronic-protection-device-coatings-market
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.
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 forecast 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.
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Leading global market players in electronic protection device coatings include: Henkel, HB Fuller, Dymax, Chase Electronics Coatings, Electrolube, 3M, MG Chemicals, Elantas etc.
Electronic protection device coating market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in kilo tons & revenue in USD million from 2013 to 2025, for the following segments:
Electronic Protection Device (EPD) Coatings Market, By Material:
Acrylic
Polyurethane
Silicone
Epoxy
Others (paraxylene, rubber)
Electronic Protection Device (EPD) Coatings Market, Material By End-User:
Acrylic-
Aerospace & Defense
Automotive
Appliance Control
Consumer Electronics
Industrial Electronics
Others
Polyurethane-
Aerospace & Defense
Automotive
Appliance Control
Consumer Electronics
Industrial Electronics
Others
Silicone-
Aerospace & Defense
Automotive
Appliance Control
Consumer Electronics
Industrial Electronics
Others
Epoxy-
Aerospace & Defense
Automotive
Appliance Control
Consumer Electronics
Industrial Electronics
Others
Electronic Protection Device (EPD) Coatings Market, By Mode of Application:
Brushing
Dipping
Manual spray
Automatic spray
Electronic Protection Device (EPD) Coatings Market, By End-user:
Aerospace & Defense
Automotive
Appliance Control
Consumer Electronics
Industrial Electronics
Others
Browse Full Table of Contents (TOC) @ https://www.gminsights.com/toc/detail/electronic-protection-device-coatings-market
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