Conformal Coatings for PCBs is Fastest Growing Segment Fueling the Growth of Global Conformal Coatings Market
Conformal Coatings for PCBs is Fastest Growing Segment Fueling the Growth of Global Conformal Coatings Market The global Conformal Coatings Market is estimated to be valued at US$ 1332.71 Mn in 2023 and is expected to exhibit a CAGR of 6.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Conformal coatings are thin protective layer or polymeric films that are applied to the surface of printed circuit boards (PCBs) and other electronic components as protection from moisture, dust, chemicals, and other environmental and handling hazards. Conformal coatings provide electrical insulation and mechanical protection. Market key trends: One of the major trends driving the growth of the market is increasing applications of conformal coatings in printed circuit board (PCB). PCBs require protection from external environmental factors such as moisture, chemicals, dust and dirt particles which can cause sho...