Posted 3/5/2024, 9:37:00 AM
Conformal Coatings for PCBs Poised for Steady Growth to $5.3B by 2031
- Global conformal coatings market for PCBs projected to reach $5.3 billion by 2031, growing at 5.5% CAGR
- Silicone coatings lead market, offering moisture resistance, flexibility, and thermal stability
- Spray coating most common due to efficiency, uniform coverage, and suitability for various PCBs
- UV-cured technology popular due to rapid curing, low VOC emissions, enhanced performance
- Stringent regulatory standards, robust manufacturing, and technology adoption driving growth in North America