Conformal Coating research report forecasts 5.06% CAGR growth

Conformal Coating in the Electronics market is forecasted to grow at a CAGR of 5.06% from 2018-2022 according to a recent report.

Good news for the conformal coatings market as it is expected to grow to US$6.502 billion by 2022, increasing from US$5.080 billion in 2017. That’s a CAGR growth of 5.06% over the forecasted period! The findings come from the recent Global Conformal Coating Market research report by Intense Research.

Rising use of electrical components in the automotive industry is set to be the key driver of global conformal coatings market during this period. This is due to the need for advanced electrical components to work correctly and reliably in harsh working conditions subject to chemical, moisture, dust and vibration.

UK Electronics have the ability to either dip, spray or brush finish your PCBA’s dependent on your requirements. If you require a specific specification of conformal coating we are always happy to source it on your behalf and use it solely on your products. You can find out more about our Conformal Coating service here.

You can request a sample or buy the Global Conformal Coating Market research report here.