A demand for PCBs with conformal coatings

The conformal coatings market for PCBs reached $8.8billion in 2017 and according to markets intelligence company, Fact.MR, is expected to grow further.

With significant growth in consumer electronics and launch of new machines and equipment, conformal coatings are finding wide application in consumer electronics to enhance the life of the components.Owing to the protection offered to the high performing electronics from environmental conditions impacting circuit performance leading to premature failure, the demand in conformal coatings market for PCBs is likely to grow in the coming years. According to the latest report from Fact.MR, the market is expected to register 5.6% CAGR during 2018-2026.

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