Conformal Coatings Market to Reach USD 20.2 Billion by 2031, Driven by Electronics Demand
The global conformal coatings market was valued at USD 12.4 billion in 2022 and is projected to reach USD 20.2 billion by the end of 2031. This growth reflects a steady CAGR of 5.5% from 2023 to 2031, driven by increasing demand for electronic protection in automotive, aerospace, and consumer electronics industries. Conformal coatings offer essential benefits such as moisture resistance,...
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