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Market Overview of Global Three anti-paint market:
According to our latest research, the global Three anti-paint market looks promising in the next 5 years. As of 2022, the global Three anti-paint market was estimated at USD 904.15 million, and it's anticipated to reach USD 1323.56 million in 2028, with a CAGR of 6.56% during the forecast years.
Conformal Coating is a specially formulated coating used to protect circuit boards and related equipment from environmental erosion. It has the "three-proof" performance of waterproof, moisture-proof, and dust-proof, as well as thermal shock resistance, aging resistance, radiation resistance, salt spray resistance, ozone corrosion resistance and other vibration, good flexibility and strong adhesion. According to the requirements and focus of each region and each manufacturer, the three-proof paint has many names, such as three-proof glue, moisture-proof glue, insulating glue, moisture-proof paint, protective paint, protective paint, coating glue, coating glue , Waterproof glue, moisture-proof oil, three-proof oil, three-proof agent, protective agent, moisture-proof agent, conformal coating, conformal coating, conformal coating, common coating.
Circuit boards that do not use conformal paint may be corroded, mold may grow, and short circuits may occur under conditions such as chemical substances (such as: fuel, coolant, etc.), vibration, humidity, salt spray, humidity, and high temperature, which may cause circuit damage. In case of failure, the use of conformal paint can protect the circuit from damage, thereby improving the reliability of the circuit board, increasing its safety factor, and ensuring its service life. In addition, since the conformal coating prevents leakage, it allows higher power and closer printed board spacing. Therefore, the purpose of miniaturization of components can be met.
Growing Downstream Market
With the improvement of people's living standards, the requirements for daily electronic products are getting higher and higher, and more and more attention is paid to the quality and safety of products, and more and more electronic devices are applied to people's daily life electronic devices. Safety issues are particularly important. Conformal anti-paint is undoubtedly an important line of defense to protect electronic equipment. After spraying conformal paint on electronic equipment, a layer of elastic paint film can be formed to protect electronic products from external factors such as high temperature humidity, moisture and dust. Conformal anti-paint can also protect electronic products from corrosion like circuit boards. Internal factors such as whisker growth and short circuits within electronic systems. In general, it is an insulating layer to ensure that the various components do not fail, causing early failure of the board. The process involved in the current three anti-paint has gradually developed to use a more complex automatic coating process. People's requirements for various products and quality demands will continue to drive the growth of demand for conformal coating products.
Environmental regulations drive demand for Voc-free conformal coatings
The Ecological Product Certification Scheme (ECS) has new rules and regulations established by the European Commission and other federal government agencies. These regulations ensure a green and sustainable environment with minimal or zero harmful VOC emissions. These regulations encourage paint manufacturers to invest in bio-based raw materials in their paints, making them more environmentally friendly. In addition, government regulations in the United States and Western Europe, especially regarding air pollution, will continue to drive the adoption of new low-polluting coating technologies. This drives the demand for Voc-free conformal coatings.
Region Overview:
From 2023-2028, China is estimated to witness robust growth prospects
In 2022, the share of the Three anti-paint market in China stood at 31.92%
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Company Overview:
Dowcorning
Dow Corning Corporation is an American multinational corporation headquartered in Midland, Michigan, USA. Originally established as a joint venture between Dow Chemical Company and Corning Corporation, Dow acquired Corning, and Dow Corning became a 100% subsidiary of Dow. After a brief existence as DowDuPont, now a new company, Dow Silicones, wholly owned by Dow, specializes in silicones and silicon-based technologies and is the world's largest producer of silicone products. Dow Corning sales include a variety of sealants, adhesives, rubbers, lubricants, silicone oils and solvents. And liquids, gels, resins. Target industries for Dow Corning products range from electronics and automotive to construction, healthcare and more.
Henke
Through Henkel's innovative and sustainable brands and technologies, teams across the globe. Henkel holds leading positions in both industrial and consumer businesses: Henkel's product portfolio includes well-known hair care products, laundry detergents, fabric softeners as well as adhesives, sealants and functional coatings. l
Segmentation Overview:
The Acrylic acid ester segment by type showed a value growth of 0.35% in 2022.
Among different product types, Acrylic acid ester segment is anticipated to contribute the largest market share in 2028.
Application Overview:
By application, the Consumer electronics segment occupied the biggest share from 2018 to 2022.
The market's largest segment by application is the segment Consumer electronics, with a market share of 46.67% in 2022.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Three anti-paint market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Three anti-paint Market Report:
Market Size Estimates: Three anti-paint market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Three anti-paint market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Three anti-paint market
Segment Market Analysis: Three anti-paint market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Three anti-paint market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Three anti-paint Market: Revenue and sales volume of major countries in each region
Three anti-paint Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Three anti-paint market in major regions.
Three anti-paint Industry Value Chain: Three anti-paint market raw materials & suppliers, manufacturing process, distributors, downstream customers
Three anti-paint Industry News, Policies & Regulations
Key players in the global Three anti-paint market are covered in Chapter 12:
SCS Coatings
Zhuhai CHANGXIAN NEW MATERIAL TECHNOLOGY Co., LTD
ShinEtsu
Illinois Tool Works
Electrolube
Chase Corporation
HB Fuller Company
Chengdu Guibao Science & Technology Co., Ltd
Dymax Corporation
Henkel
Guangdong Ruitao Fine Chemical Co. LTD
Dow
In Chapter 2 and Chapter 15.1, based on types, the Three anti-paint market from 2018 to 2028 is primarily split into:
Acrylic acid ester
Silicone rubber
polyurethane
In Chapter 3 and Chapter 15.2, based on applications, the Three anti-paint market from 2018 to 2028 covers:
Consumer electronics
Automobile Industry
Aerospace and aviation
Nautical voyage
Medical care
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Three anti-paint market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028