India, Brazil, and Mexico are the fastest growing demand hubs within the $2.4 billion Automotive Conformal Coatings market and expected to grow with a CAGR range of 4.6% and 6.8% for the period of 2024 to 2030. Engine control units and transmission control units are major application areas for Automotive Conformal Coatings and market competition is fierce in these applications. In transmission control units (TCUs) protective coatings act as a shield against substances to improve longevity and resilience in components like those, from Dymax Corporation and Chase Corporation.
Leading players in such as Dow, Henkel, Chase Corporation, HumiSeal, Electrolube, Chemtronics, MG Chemicals, Dymax Corporation, Shin-Etsu Chemical, 3M, BASF and DuPont are pushing the boundaries of innovation and forging strategic partnerships to capture larger market share.
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Eco-Friendly coatings with reduced VOC content are becoming more popular due to regulatory mandates and a focus on sustainability objectives.
Global & Regional Analysis
As per research study, Automotive Conformal Coatings is expected to rise to $5.4 billion by 2035 from $2.4 billion of 2023 with a CAGR of 7.1%. In North America, automotive industry sector is at the forefront of using conformal coatings due to the increasing need for cutting edge vehicle electronic systems and adherence to environmental regulations. Major players such as Dow and Humiseal have a presence in this area.
Research Scope
|
Segment |
Subsegment |
|
Type |
Acrylic Silicone Urethane Epoxy Parylene |
|
Application |
Engine Control Units Transmission Control Units Infotainment Systems Battery Management Systems |
|
Coating Method |
Brush Coating Dipping Selective Coating Spray Coating |
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